JRSH - Jerash Holdings: Take A Long Position At A Dirt Cheap Price
Activity and description of the company
Jerash Holdings (JRSH) is a micro-cap company that manufactures and exports customized, ready-made cloth organized in Delaware but with most of its facilities located at Jordan, Middle East. The firm is a holding company that consists of different subsidiaries and variable interest entities (VIE) and has the following organizational structure:
(Source: Jerash Holdings annual report 2020)
The firm has four factory units, one workshop, and three warehouses and currently operates in only two segments; sport and outerwear. It produces jackets - which accounted for approximately 50%