Senmiao Technology (AIHS) AI Stock Analysis

• Market Cap: $11.89M
• Dividend Yield: N/A
• Average Volume (3M): 809.56K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.15
• Revenue Growth: -44.34%
• EPS Growth: 27.19%
• Country: US
• Employees: 55
• Sector: Financial
• Sector Strength: 82
• Industry: Financial - Credit Services
• EPS (TTM): -0.33
• Shares Outstanding: 10,518,040
• 10 Day Avg. Volume: 2,383,090
• 30 Day Avg. Volume: 809,557
• PEG Ratio: -0.27
• Price to Book (P/B): -8.30
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 35.99
• Enterprise Value/Market Cap: 0.77
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 11.79
• Enterprise Value/Ebitda: -0.85
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 36 Underperform
• Price Target: ―

The overall score reflects significant financial challenges with declining revenues and negative equity. The technical indicators are neutral, providing little positive momentum. The negative P/E ratio and lack of dividend yield further weaken the stock's appeal. Strategic improvements are necessary to enhance financial stability.

Senmiao Technology Business Overview & Revenue Model

Company Description

Senmiao Technology Limited engages in the automobile transaction and related services business in the People's Republic of China. The company offers car rental services to individual customers; and auto finance solutions through financing leases. It also engages in automobile sales; the facilitation of automobile transaction and financing; and the provision of supporting services provided to online ride-hailing drivers, as well as management and guarantee services. The company was founded in 2014 and is headquartered in Chengdu, the People's Republic of China.

How the Company Makes Money

Senmiao Technology makes money through multiple revenue streams. A significant portion of its income is derived from automobile transaction services, which include facilitation of sales and leasing of vehicles, as well as after-sales services. Additionally, the company generates revenue through its online ride-hailing platform, where it provides services to drivers and passengers, earning commissions on each transaction. Financing solutions also contribute to its earnings, as Senmiao offers financial leasing and other related services. The company may also benefit from strategic partnerships with banks, financial institutions, and automotive companies, which enhance its service offerings and market reach.

Senmiao Technology Financial Statement Overview

Summary

Senmiao Technology is facing significant financial difficulties with declining revenues, poor profitability, and high leverage. The negative equity and persistent losses pose substantial risks to financial stability. While there are some improvements in operating cash flow, the overall financial health remains weak, necessitating strategic changes to improve performance.

Income Statement

Senmiao Technology has experienced declining revenues and persistent losses. The gross profit margin is relatively low, and net profit margins are negative, indicating significant profitability challenges. While there was a revenue decline in the most recent TTM period, the EBIT and EBITDA margins remain negative, reflecting ongoing operational inefficiencies.

Balance Sheet

The company's balance sheet shows high leverage with a negative stockholders' equity, suggesting financial instability and potential solvency risks. The debt-to-equity ratio is not calculable due to negative equity, and the equity ratio is also negative, indicating that liabilities exceed assets significantly.

Cash Flow

Operating cash flow has improved in the most recent TTM, but free cash flow remains weak. The company has managed to generate positive operating cash flow relative to net income, but the free cash flow to net income ratio is concerning due to negative net income. Free cash flow growth has been erratic, showing some improvement but still negative overall.

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
4.06M	6.81M	8.08M	4.91M	6.16M	15.66M
	Gross Profit
780.77K	1.56M	1.49M	-1.60M	191.04K	3.38M
	EBIT
-3.89M	-4.72M	-6.14M	-11.56M	-10.08M	-2.19M
	EBITDA
-2.08M	-3.01M	-2.44M	-2.39M	-7.12M	-2.61M
	Net Income Common Stockholders
-3.33M	-3.67M	-3.11M	-5.61M	-12.60M	-4.35M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
794.64K	792.30K	1.61M	1.19M	4.45M	833.89K
	Total Assets
9.86M	9.86M	14.24M	19.88M	22.30M	15.63M
	Total Debt
718.62K	718.62K	991.00K	1.11M	8.84M	7.03M
	Net Debt
-76.02K	-73.68K	-619.09K	-77.98K	4.40M	6.19M
	Total Liabilities
5.57M	5.57M	6.01M	7.31M	19.73M	14.16M
	Stockholders Equity
1.13M	894.90K	4.39M	8.09M	5.86M	2.80M
Cash Flow		Free Cash Flow
268.87K	-664.44K	-619.66K	-12.53M	-6.45M	-7.41M
	Operating Cash Flow
303.96K	7.24K	557.84K	-9.16M	-3.94M	-6.45M
	Investing Cash Flow
-482.11K	-569.61K	320.53K	-3.48M	-2.51M	-963.42K
	Financing Cash Flow
6.59K	-168.34K	-373.83K	9.76M	10.26M	3.43M

Senmiao Technology Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1.09
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIHS, the sentiment is Positive. The current price of 1.09 is above the 20-day moving average (MA) of 0.96, above the 50-day MA of 0.92, and above the 200-day MA of 0.96, indicating a bullish trend. The MACD of 0.04 indicates Negative momentum. The RSI at 62.32 is Neutral, neither overbought nor oversold. The STOCH value of 55.41 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for AIHS.

Senmiao Technology Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	64 Neutral	$12.87B	9.81	7.76%	16985.65%	12.28%	-7.83%
MCVT	62 Neutral	$11.52M	9.92	6.42%	―	-7.31%	―
LMFA	51 Neutral	$10.01M	―	-40.46%	―	-44.09%	-64.95%
NISN	47 Neutral	$20.25M	8.13	0.46%	―	-12.05%	-87.87%
SNTG	39 Underperform	$5.16M	―	-17.86%	―	―	25.25%
AIHS	36 Underperform	$11.89M	―	-408.12%	―	-44.34%	27.19%
PT	33 Underperform	$14.59M	―	20.04%	―	-34.85%	83.43%