Jerash Holdings (US), Inc.JRSH
| Mar 31,
2018 | Mar 31,
2019 | Mar 31,
2020 | Mar 31,
2021 | Mar 31,
2022 | Mar 31,
2023 |
|---|
| Net Income | 10 | 5 | 6 | 4 | 8 | 2 |
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| Depreciation and amortization | 1 | 1 | 2 | 2 | 2 | 2 |
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| Stock-based compensation expenses | 116,578 | 4 | 278,258 | 66,251 | 947,079 | 413,900 |
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| Amortization of operating lease right-of-use assets | - | - | - | - | 803,056 | 989,220 |
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| Accounts receivable | 2 | -1,229,239 | 1 | 7 | -762,614 | -8,808,532 |
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| Bills receivable | - | - | - | - | - | 87,573 |
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| Inventories | 1 | 770,720 | 2 | 2 | 3 | 4 |
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| Prepaid expenses and other current assets | 470,441 | 1 | 519,356 | -432,585 | 904,305 | -285,782 |
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| Advance to suppliers | 1 | -685,197 | 2 | 920,326 | -1,752,091 | 248,490 |
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| Deferred tax assets | - | - | - | 8,768 | 203,928 | -198,717 |
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| Accounts payable | -5,472,312 | -1,400,533 | 3 | 2 | -3,082,614 | 942,345 |
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| Accrued expenses | 711,332 | 363,037 | 706,205 | 87,464 | 783,087 | -185,421 |
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| Other payables | - | - | 74,250 | 525,425 | 823,608 | -801,574 |
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| Deferred revenue | - | - | - | - | - | 928,393 |
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| Operating lease liabilities | - | - | - | - | - | -977,584 |
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| Income tax payable, net of recovery | 1 | 1 | -250,357 | 201,566 | 971,386 | 92,226 |
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| Net cash provided by operating activities | 5 | 10 | 7 | -1,500,440 | 9 | 11 |
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| Purchases of property, plant and equipment | 877,944 | 791,001 | 5 | 890,462 | 3 | 722,770 |
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| Payments for construction of properties | - | - | - | - | 2 | 5 |
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| Acquisition of Ever Winland | - | - | - | - | - | 5 |
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| Acquisition deposit | - | - | - | 10 | 500,000 | 2 |
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| Payment for long-term deposits | - | 430,113 | 253,414 | 128,690 | 419,597 | 668,337 |
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| Net cash used in investing activities | -541,198 | -1,601,114 | -4,931,663 | -894,263 | -8,673,248 | -13,775,151 |
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| Dividend payment | - | 1 | 2 | 2 | 2 | 2 |
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| Share repurchase | - | - | - | - | - | 1 |
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| Repayment from short-term loan | - | - | - | 235 | 612,703 | 7 |
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| Repayment to a related party | - | - | - | - | - | 300,166 |
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| Proceeds from short-term loan | - | - | - | 612,703 | - | 7 |
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| Net proceeds from issuance of common stock | - | 9 | - | - | 6 | - |
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| Net cash (used in) provided by financing activities | 324,954 | 7 | -2,913,430 | -1,652,532 | 3 | -3,953,339 |
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| EFFECT OF EXCHANGE RATE CHANGES ON CASH AND RESTRICTED CASH | - | - | - | - | 143,990 | -250,529 |
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| NET (DECREASE) INCREASE IN CASH AND RESTRICTED CASH | - | 16 | -917,759 | -4,054,998 | 4 | -7,171,885 |
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| CASH, AND RESTRICTED CASH, END OF THE YEAR | - | - | 27 | - | - | - |
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| Cash paid for interest | - | 90,867 | - | - | 210,576 | 768,131 |
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| Income tax paid | - | 175,000 | 1 | 773,320 | 2 | 2 |
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| Equipment obtained by utilizing long-term deposit | - | - | - | - | - | 237,412 |
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| Acquisition of Kawbab Venus by utilizing long-term deposit | - | - | - | - | - | 500,000 |
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| Right of use assets obtained in exchange for operating lease obligations | - | - | 2 | 1 | 1 | 190,654 |
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