Senmiao Technology Limited (AIHS) Financials
Newest figures come from the 10-Q for Q1 FY2027, filed Aug 14, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AIHS SEC filings page.
Senmiao Technology Limited (AIHS) reported $1.5M in revenue for fiscal year 2026, down 53.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Shrinking sales now sit beside deeper losses, negative equity, and financing dependence, leaving little operating scale to absorb overhead.
Across FY2024 through FY2026, sales contracted while the operating margin widened into a deeper loss, reaching-186.8% ; the cost base is therefore becoming heavier relative to a shrinking business. FY2025’s positive operating cash flow reversed to an outflow in FY2026, showing that the latest losses are also affecting cash rather than remaining mainly accounting entries.
At FY2026, total liabilities of
Financing supplied
Financial Health Signals
Scored against emerging companies for FY2026. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Senmiao Technology Limited's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Senmiao Technology Limited held $3.6M in cash, cash equivalents and investments at the end of fiscal year 2026, and its operations used $1.6M of cash that year. Cash Runway ranks emerging companies on the size of that balance against the outflow behind it, and Senmiao Technology Limited scores 51/100 among other emerging companies.
Senmiao Technology Limited had 15M shares outstanding at the end of fiscal year 2026. Dilution ranks emerging companies on how fast that count has grown over three years, where a slower rise is the better one, and Senmiao Technology Limited scores 38/100 among other emerging companies.
Not available for Senmiao Technology Limited, and counted as zero in the overall score.
Senmiao Technology Limited reported revenue of $1.5M in fiscal year 2026, against $3.3M in fiscal year 2025. Revenue Progress ranks emerging companies on the three-year path of that line, and Senmiao Technology Limited scores 8/100 among other emerging companies.
Not available for Senmiao Technology Limited, and counted as zero in the overall score.
Senmiao Technology Limited's cash, cash equivalents and investments came to $3.6M at the end of fiscal year 2026, against $11.1M of total liabilities. Balance Sheet ranks emerging companies on that comparison, and Senmiao Technology Limited scores 35/100 among other emerging companies.
Senmiao Technology Limited scores -14.39, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($25.6M) relative to total liabilities ($11.1M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Senmiao Technology Limited passes 2 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Senmiao Technology Limited reported a net loss of $5.3M while operations used $1.6M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Senmiao Technology Limited generated $361K in revenue in Q1 2027. This represents a decrease of 56.8% from the same quarter a year earlier.
Senmiao Technology Limited's EBITDA was -$472K in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 136.6% from the same quarter a year earlier.
Senmiao Technology Limited reported -$32.8M in net income in Q1 2027. This represents a decrease of 19826.7% from the same quarter a year earlier.
Senmiao Technology Limited earned -$6.41 per diluted share (EPS) in Q1 2027. Against the prior quarter it is down 12720.0%.
Cash & Balance Sheet
Senmiao Technology Limited recorded an outflow of $944K in free cash flow in Q1 2027, representing a cash shortfall after capex.
Senmiao Technology Limited held $12.9M in cash as of Q1 2027; long-term debt is not reported for that period.
Not reported for Q1 2027.
Margins & Returns
Senmiao Technology Limited's gross margin was 17.1% in Q1 2027, indicating the percentage of revenue retained after direct costs. This is up 7.3 percentage points from the same quarter a year earlier.
Not shown for Q1 2027: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for Q1 2027: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not reported for Q1 2027.
Capital Allocation
Senmiao Technology Limited invested $62K in capex in Q1 2027, funding long-term assets and infrastructure.
Not reported for Q1 2027.
Not reported for Q1 2027.
AIHS Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | $361K-56.8% | N/A | $359K-60.9% | $936K+25.5% | $836K-4.9% | $801K | $917K-17.3% | $746K-37.0% |
| Cost of Revenue | $299K-50.4% | N/A | $309K-55.8% | $632K0.0% | $604K-3.3% | $470K | $699K-5.4% | $632K-23.0% |
| Gross Profit | $62K-24.6% | N/A | $49K-53.3% | $274K+182.9% | $82K-67.6% | $116K | $106K-63.3% | $97K-46.2% |
| SG&A Expenses | $692K+38.3% | N/A | $651K+57.9% | $907K+71.0% | $501K-41.3% | $68K | $412K-44.8% | $531K-33.6% |
| Operating Income | -$631K-50.6% | N/A | -$1.1M-166.8% | -$758K-23.1% | -$419K+45.9% | -$189K | -$411K+54.4% | -$616K+47.5% |
| EBITDA | -$472K-136.6% | N/A | -$858K-415.2% | -$520K-41.1% | -$200K+63.0% | -$5K | -$167K+67.1% | -$368K+53.5% |
| Net Income | -$32.8M-19826.7% | N/A | -$3.1M-454.2% | -$649K+8.8% | -$164K+75.6% | -$1.8M | -$565K+39.5% | -$711K+23.2% |
| EPS (Basic) | -$6.41-4173.3% | -$0.05+97.0% | -$0.88-63.0% | -$0.43+36.8% | -$0.15+76.6% | -$1.69-1107.1% | -$0.54-440.0% | -$0.68-466.7% |
| EPS (Diluted) | -$6.41 | -$0.05+97.0% | -$0.88 | -$0.43 | -$0.15+76.6% | -$1.69-1107.1% | -$0.54 | -$0.68 |
| Diluted Shares (Avg) | 5M | N/A | 4M | 1M | 1M+2.9% | N/A | 1M | 1M |
Not reported in any period shown, so not listed: R&D Expenses, Interest Expense, Income Tax.
AIHS Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $14.8M+178.2% | $5.3M-9.4% | $5.7M-27.2% | $4.7M-45.5% | $5.3M-42.4% | $5.8M-41.2% | $7.9M-35.0% | $8.6M-32.1% |
| Current Assets | $13.7M+498.4% | $4.1M+82.8% | $4.3M+117.8% | $2.1M+4.3% | $2.3M+0.8% | $2.2M-15.6% | $2.0M-60.6% | $2.0M-61.6% |
| Cash & Equivalents | $12.9M+1383.3% | $3.6M+407.9% | $3.5M+269.6% | $677K-14.5% | $868K+15.9% | $701K-4.9% | $949K-10.9% | $792K-39.3% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | N/A | N/A | $1K-97.0% | $26K+16.1% | $35K+73.2% | $9K-54.9% | $40K-20.7% | $22K-73.0% |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $53.3M+571.0% | $11.1M+28.1% | $10.3M+13.4% | $7.8M-13.5% | $7.9M-12.2% | $8.7M-3.5% | $9.1M-8.5% | $9.1M-10.5% |
| Current Liabilities | $50.1M+946.5% | $7.8M+49.0% | $6.9M+26.4% | $4.8M-12.2% | $4.8M-14.4% | $5.2M-2.3% | $5.4M+0.2% | $5.4M-3.3% |
| Non-Current Liabilities | $3.3M+3.6% | $3.3M-3.6% | $3.4M-6.2% | $3.1M-15.5% | $3.2M-8.4% | $3.4M-5.1% | $3.6M-18.9% | $3.6M-19.3% |
| Total Equity | -$38.6M-1359.8% | -$5.8M-104.3% | -$4.5M-288.1% | -$3.1M-585.6% | -$2.6M-1760.5% | -$2.9M-419.1% | -$1.2M-152.1% | -$459K-118.1% |
| Retained Earnings | -$83.1M-83.6% | -$50.4M-11.7% | -$49.1M-13.2% | -$45.9M-7.4% | -$45.3M-7.6% | -$45.1M-9.0% | -$43.3M-8.3% | -$42.8M-9.5% |
Not reported in any period shown, so not listed: Inventory, Goodwill, Long-Term Debt.
AIHS Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$882K-174.5% | -$343K-613.3% | -$866K-343.1% | -$71K-140.7% | -$321K-2016.0% | -$48K | $356K+113.7% | $176K+250.4% |
| Depreciation & Amortization | $159K-27.7% | $222K-0.4% | $239K-2.3% | $238K-3.6% | $219K-6.6% | $223K | $245K-38.4% | $247K-35.0% |
| Stock-Based Compensation | N/A | N/A | $250K | N/A | N/A | N/A | N/A | N/A |
| Capital Expenditures | $62K | N/A | N/A | N/A | N/A | -$3 | -$771-99.7% | $6-100.0% |
| Free Cash Flow | -$944K | N/A | N/A | N/A | N/A | -$48K | $355K+399.0% | $176K+226.8% |
| Investing Cash Flow | -$40K-10169.6% | $30K+280.0% | $415+100.2% | -$224K+19.6% | -$385-105.3% | -$17K | -$177K+33.1% | -$278K-621.4% |
| Financing Cash Flow | $10.2M+2610.1% | $359K+438.3% | $3.6M+12567.2% | $39K+419.8% | $377K+802.8% | -$106K | $29K+116.8% | $7K-96.7% |
Not reported in any period shown, so not listed: Dividends Paid, Share Buybacks.
AIHS Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q/A | Q2'2610-Q | Q1'2610-Q | Q4'2510-K | Q3'2510-Q/A | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 17.1%+7.3pp | N/A | 13.8%+2.2pp | 29.3%+16.3pp | 9.8%-19.0pp | 14.5% | 11.6%-14.5pp | 13.0%-2.3pp |
| Operating Margin | -174.8% | N/A | -305.7% | -81.0%+1.6pp | -50.1%+37.9pp | -23.6% | -44.8%+36.6pp | -82.5%+16.5pp |
| Net Margin | -9077.3% | N/A | -873.5% | -69.3%+26.1pp | -19.7%+57.0pp | -221.7% | -61.7%+22.6pp | -95.4%-17.1pp |
| Return on Assets | -222.0%-218.9pp | N/A | -54.6%-47.4pp | -13.9%-5.6pp | -3.1%+4.2pp | -30.6% | -7.2%+0.5pp | -8.3%-1.0pp |
| Current Ratio | 0.27-0.2x | 0.53+0.1x | 0.63+0.3x | 0.44+0.1x | 0.48+0.1x | 0.43-0.1x | 0.37-0.6x | 0.37-0.6x |
| Asset Turnover | 0.02-0.1x | N/A | 0.06-0.1x | 0.20+0.1x | 0.16+0.1x | 0.14 | 0.120.0x | 0.090.0x |
| FCF Margin | -261.4% | N/A | N/A | N/A | N/A | -6.0% | 38.8%+49.5pp | 23.5%+35.2pp |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Note: Shareholder equity is negative (-$5.8M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.53), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Senmiao Technology Limited AIHS | FY2026 | $1.5M | -$5.3M | N/A | $25.6M | 22/100 |
| FlexShopper, Inc. FPAY | FY2023 | $117.0M | -$4.2M | -3.6% | $4.6M | — |
| Multi Ways Holdings Limited MWG | FY2025 | $44.8M | -$433K | -1.0% | $7.6M | 34/100 |
| Alta Equipment Group Inc. ALTG | FY2025 | $1.8B | -$80.3M | -4.4% | $207.1M | 33/100 |
| SMX (Security Matters) Public Limited Company SMX | FY2025 | N/A | -$174.6M | N/A | $4.1M | — |
| Custom Truck One Source, Inc. CTOS | FY2025 | $1.9B | -$31.1M | -1.6% | $2.1B | 29/100 |
Where Senmiao Technology Limited Ranks
Frequently Asked Questions
What is Senmiao Technology Limited's annual revenue?
Senmiao Technology Limited (AIHS) reported $1.5M in total revenue for fiscal year 2026. This represents a -53.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Senmiao Technology Limited's revenue growing?
Senmiao Technology Limited (AIHS) revenue declined by 53.7% year-over-year, from $3.3M to $1.5M in fiscal year 2026.
Is Senmiao Technology Limited profitable?
No, Senmiao Technology Limited (AIHS) reported a net income of -$5.3M in fiscal year 2026.
What is Senmiao Technology Limited's EBITDA?
Senmiao Technology Limited (AIHS) had EBITDA of -$2.0M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.
What is Senmiao Technology Limited's gross margin?
Senmiao Technology Limited (AIHS) had a gross margin of 13.6% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is Senmiao Technology Limited's operating cash flow?
Senmiao Technology Limited (AIHS) recorded an outflow of $1.6M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are Senmiao Technology Limited's total assets?
Senmiao Technology Limited (AIHS) had $5.3M in total assets as of fiscal year 2026, including both current and long-term assets.
What is Senmiao Technology Limited's current ratio?
Senmiao Technology Limited (AIHS) had a current ratio of 0.53 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is Senmiao Technology Limited's return on assets (ROA)?
Senmiao Technology Limited (AIHS) had a return on assets of -100.2% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.
How does Senmiao Technology Limited's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, Senmiao Technology Limited (AIHS) held $3.6M in cash, cash equivalents and investments, and reported an operating cash outflow of $1.6M over that year. Dividing the one by the other, the reported balance equals about 27 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is Senmiao Technology Limited's debt-to-equity ratio negative or not reported?
Senmiao Technology Limited (AIHS) has negative shareholder equity of -$5.8M as of fiscal year 2026, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Senmiao Technology Limited's Altman Z-Score?
Senmiao Technology Limited (AIHS) has an Altman Z-Score of -14.39, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Senmiao Technology Limited's Piotroski F-Score?
Senmiao Technology Limited (AIHS) has a Piotroski F-Score of 2 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Senmiao Technology Limited's earnings high quality?
Senmiao Technology Limited (AIHS) reported a net loss of $5.3M while operations used $1.6M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Senmiao Technology Limited?
Senmiao Technology Limited (AIHS) scores 22 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.