Jerash Holdings (us), Inc. · NASDAQ:JRSH
Jerash Holdings (us) — IPO Roadshow (March 2018)
16 slides from Jerash Holdings (us)'s IPO roadshow presentation, Mar 14, 2018
Slide 1: Garments & Fashions Manufacturing
Garments & Fashions Manufacturing Jerash Holdings (US), Inc.
Slide 2: Forward-Looking Statements
Jerash Holdings (US), Inc. FORWARD - LOOKING STATEMENTS THIS PRESENTATION HAS BEEN PREPARED FOR INFORMATION AND BACKGROUND PURPOSES ONLY AND DOES NOT CONSTITUTE AN OFFER TO SELL, OR A SOLICITATION OF AN OFFER TO BUY SECURITIES IN ANY JURISDICTION WHERE NOT PERMITTED . THIS PRESENTATION HAS BEEN PREP
Slide 3: Offering Summary
Jerash Holdings (US), Inc. OFFERING SUMMARY 3 Issuer: Jerash Holdings (US), Inc. (or the “Company”) Offering: Public Offering (1) Minimum Offering Size: $5,005,000 Maximum Offering Size: $10,010,000 Securities: Common Stock, $0.001 par value Purchase Price: $7.00 per share Pre - Money Valuation: $69
Slide 4: Company Overview
Jerash Holdings (US), Inc. COMPANY OVERVIEW ‒ Principally engaged in the manufacturing and exporting of customized, ready - made sport and outerwear from knitted fabric from our production facilities in Jordan ‒ Utilized by many well - known brands and retailers, such as Walmart, Costco, Sears, Hane
Slide 5: Investment Highlights
Jerash Holdings (US), Inc. INVESTMENT HIGHLIGHTS - Primarily manufactures outerwear for high profile, international brands - Profitable company with strong organic growth - Dedicated to high levels of quality control and meeting international manufacturing standards - Overseas production facility lo
Slide 6: Our Team
Jerash Holdings (US), Inc. OUR TEAM Mr. Choi Lin Hung, President, Treasurer, Director Mr . Choi indirectly owns 44 % of the Company’s outstanding shares . He obtained a Master ’ s Degree with Distinction in Business Administration from the University of Sheffield, the United Kingdom, in 1987 after g
Slide 7: Production
Jerash Holdings (US), Inc. PRODUCTION Total annual production capacity is approximately 6.5 million pieces (1) . Jerash owns 1 factory unit and leases 2 factory units and 2 warehouses. 7 Unit 1 – 1,242 employees – Production lines, administrative & HR, finance and management offices Sewing unit Pack
Slide 8: Production (Cont'd)
Jerash Holdings (US), Inc. PRODUCTION (CONT’D) 8 Unit 3 – 270 employees – Cutting and embroidery Embroidery Department Cutting Department Auto Spreader Auto Cutter Unit 4 – Currently in discussions to add additional capacity to meet future expected sales growth
Slide 9: Production Flow
Jerash Holdings (US), Inc. PRODUCTION FLOW Cutting Sewing Embroidery Finishing Packing Ironing Quality Control 9
Slide 10: Customers
Jerash Holdings (US), Inc. CUSTOMERS 10 VF Corp. Multi - billion dollar corporation engaged in the design, manufacturing, marketing and distribution of branded lifestyle apparel, footwear and related products Jerash has successfully secured well - known, blue chip brand names and leading retailers a
Slide 11: Product Offerings
Jerash Holdings (US), Inc. PRODUCT OFFERINGS Product sales by type for fiscal year ended 2017 (% of total pieces) 11 JACKET 58% POLO 10% CREW NECK 24% PANTS and SHORTS 8%
Slide 12: Certifications & Compliance
Jerash Holdings (US), Inc. CERTIFICATIONS & COMPLIANCE – Worldwide Responsible Accredited Production – C - TPAT certified facility – Facility is monitored and supervised by Better Work Jordan, an audit wing of International Labor Organization (ILO) and International Finance Corporation (IFC) for soc
Slide 13: Historical Financials
Jerash Holdings (US), Inc. HISTORICAL FINANCIALS • In fiscal year 2017, Jerash had revenues of $62 million. 0 10,000 20,000 30,000 40,000 50,000 60,000 70,000 2014 (UNAUDITED) 2015 2016 2017 21,982 42,873 52,557 62,041 3,683 7,679 12,645 15,404 2,026 4,709 9,011 10,648 USD'000 Fiscal year ended Marc
Slide 14: Historical Financials
Jerash Holdings (US), Inc. HISTORICAL FINANCIALS In the first nine months of fiscal year 2018, Jerash had revenues over $60 million and net income of $11.4 million. 14 $ in 000s For the 9 months ended Increase / (Decrease) % of increase/decreas e December 31, 2016 December 31, 2017 (unaudited) % to
Slide 15: Balance Sheet
Jerash Holdings (US), Inc. BALANCE SHEET 15 Jerash had over $17 million of cash and a current ratio of 8.3 to 1 as of December 31, 2017. CONDENSED CONSOLIDATED BALANCE SHEETS December 31, 2017 March 31, 2017 (UNAUDITED) (AUDITED) ASSETS Current Assets: Cash $ 14,345,454 $ 3,654,373 Accounts receivab
Slide 16: Garments & Fashions Manufacturing
Garments & Fashions Manufacturing Jerash Holdings (US), Inc. NETWORK 1 FINANCIAL SECURITIES, INC. The Galleria, Building 2 , Penthouse 2 Bridge Avenue, Red Bank, New Jersey