Income statement, balance sheet and cash flow statement for the last 9 fiscal years, taken from the XBRL data Senmiao Technology Ltd files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2019
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
Revenue
0.49
2.92
15.8
6.17
11.7
8.08
4.32
3.34
1.55
Cost of revenue
0
1.81
12.3
1.98
6.51
6.59
3.4
1.32
1.34
Gross profit
0.49
0.74
3.38
0.2
-2.09
1.49
0.92
0.57
0.21
Selling, general and administrative
1.52
1.78
5.5
5.91
9.04
6.14
3.13
1.86
2.43
Operating expenses
10.4
1.78
8.97
6.22
9.47
7.63
5.3
2.56
3.1
Operating income
-9.86
-1.04
-5.6
-6.01
-11.6
-6.14
-4.38
-1.99
-2.89
Interest expense
0
0.03
0.1
0
0.01
0.02
Other non-operating income
0
-0.09
1.28
-1.46
5.96
2.35
0.54
0.08
-2.38
Pre-tax income
-9.86
-1.13
-4.32
-7.47
-5.6
-3.79
-3.83
-1.91
-5.27
Income tax
0
0.02
0.03
0.01
0
0.02
Income from continuing operations
-3.85
-1.91
-5.27
Net income to minority interests
0
0.01
-1.26
-0.97
3.87
-0.68
-0.57
0.04
-0.1
Net income
-9.86
-4.55
-8.67
-10.4
-0.54
-3.11
-3.67
-3.73
-5.27
EBITDA
-9.86
-1.03
-5.49
-5.93
-10.6
-5.05
-3.45
-1.08
-2.01
EPS, basic
-4.55
-1.82
-1.01
-4.35
-4.15
-3.54
-1.97
EPS, diluted
-4.55
-1.82
-1.01
-4.35
-4.15
-3.54
-1.97
Shares, basic (weighted)
2.17
2.56
28
3.94
0.57
0.71
0.88
1.05
2.68
Shares, diluted (weighted)
2.17
2.56
28
3.94
0.57
0.71
0.88
1.05
2.68
Balance sheet
FY2019
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
Cash and equivalents
11.1
5.02
0.83
4.34
1.19
1.61
0.74
0.7
3.56
Receivables
0
0.2
0.66
0.5
0.42
0.16
0.02
0.01
Inventory
0
1.51
1
0.13
0.29
0.01
Other current assets
0.02
0.05
0.07
0.03
0.01
0.01
0.02
0
0.01
Total current assets
11.2
11.4
6.61
10.9
5.6
4.85
2.65
2.24
4.09
Property, plant and equipment
0.01
0.13
0.48
3.71
5.66
3.34
2.68
1.65
0.81
Lease right-of-use assets
0
0.47
0.23
0.11
0.12
0.06
Goodwill
0
0
0
0.14
0
Intangible assets
0.3
0.78
0.97
0.96
0.77
0.45
0.38
0.3
Other non-current assets
0
0
0.72
0.64
Total assets
14.4
12.3
15.6
22.3
19.9
14.2
9.86
5.8
5.26
Accounts payable
0
0
0.04
0.01
0.18
0.1
0.12
0.1
Accrued liabilities
0
0.2
0.1
0.01
0.09
0.23
0.42
0.48
0.06
Deferred revenue
0
0.03
0.09
0.11
0.12
0.15
0.12
0.1
0.09
Short-term debt
0.15
Total current liabilities
1.5
3.75
11.1
16.8
6.17
5.18
5.34
5.22
7.78
Lease liabilities
0
0.3
0.1
0.05
0.08
0.02
Total liabilities
1.5
3.93
14.2
19.7
6.49
5.74
5.57
5.22
7.78
Paid-in capital
23.6
23.8
27
40.8
42.8
43.4
44
44
45.4
Retained earnings
-10.5
-15
-23.7
-34.1
-34.6
-37.7
-41.4
-45.1
-50.4
Other comprehensive income
-0.25
-0.43
-0.51
-0.84
-0.11
-1.25
-1.67
-1.7
-0.85
Shareholders' equity
12.9
8.38
2.8
5.86
8.09
4.39
0.89
-2.86
-5.83
Minority interests
0
0.01
-1.33
-3.28
4.48
3.83
3.16
3.2
3.27
Total equity
12.9
8.38
1.47
2.57
12.6
8.23
4.05
0.35
-2.56
Total liabilities and equity
14.4
12.3
15.6
22.3
19.9
14.2
9.86
5.8
5.26
Shares outstanding
2.56
2.57
29
4.98
0.61
0.77
1.04
1.05
4.56
Cash flow statement
FY2019
FY2019
FY2020
FY2021
FY2022
FY2023
FY2024
FY2025
FY2026
Net income
-9.86
-4.54
-9.94
-12.7
2.62
-3.79
-4.23
-3.68
-5.37
Depreciation and amortization
0
0.01
0.1
0.09
0.96
1.1
0.93
0.91
0.88
Stock-based compensation
0.04
0.13
0.45
0.65
0
0.44
0.25
Deferred income tax
0
0
-0.03
0
0
0
-0.03
Change in receivables
-0.05
-0.15
-3.05
0.16
0
0.22
0.08
0
0.01
Change in inventory
0
-1.49
0.44
0.17
-0.26
0.32
0.01
Change in payables
0
0
-0.01
-0.03
0.17
0.14
0.07
Cash from operations
-0.78
-6.26
-6.45
-3.94
-9.16
0.56
0.01
0.5
-1.6
Capital expenditures
-0
-0
-0.5
-2.29
-3.22
-1.15
-0.67
-0
Cash from investing
-0
-0.53
-0.96
-2.51
-3.48
0.32
-0.57
-0.46
-0.19
Debt repaid
0
-0.6
0
Stock issued
1.41
0
1.99
0.66
Cash from financing
11.7
0.7
3.43
10.3
9.76
-0.37
-0.17
-0.12
4.42
Exchange rate effect
0.02
-0.03
-0.2
-0.21
-0.08
-0.08
0.13
0.14
Net change in cash
11
-6.12
-4.18
3.6
-3.26
0.42
-0.82
0.04
2.77
Free cash flow
-0.78
-6.26
-6.94
-6.23
-12.4
-0.59
-0.66
0.5
Interest paid
0
0.03
0.1
0.05
0.01
0
0
Income taxes paid
0
0
0
0
0
0
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $1.76 on August 26, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
17.7%
Gross profit / revenue.
Operating margin
-289.5%
Operating income / revenue.
EBITDA margin
-212.9%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-3,535.0%
Pre-tax income / revenue.
Net margin
-3,536.0%
Net income / revenue.
Operating cash flow margin
-201.9%
Cash from operations / revenue.
Return on assets (ROA)
-256.6%
Net income / average total assets.
SG&A / revenue
277.6%
Selling, general and administrative expense / revenue.
D&A / revenue
76.6%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
-53.7%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-42.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-24.2%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
-63.2%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
-48.0%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
0.5%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Operating cash flow growth, 1y
-420.1%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-9.4%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-28.3%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-25.1%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
154.3%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
55.5%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
-7.5%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
0.27x
Current assets / current liabilities.
Quick ratio
0.26x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.26x
(Cash + short-term investments) / current liabilities.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.21
Revenue / diluted weighted shares.
Operating cash flow per share
-$0.42
Cash from operations / diluted weighted shares.
Book value per share
-$2.65
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
23.9x
Market cap / revenue.
EV/Sales
11.9x
Enterprise value / revenue.
Earnings yield
-147.8%
Net income / market cap (the inverse of P/E).
What was Senmiao Technology Ltd's revenue in fiscal 2026?
Senmiao Technology Ltd reported revenue of $1.5M for fiscal 2026, 53.7% lower than the year before.
Was Senmiao Technology Ltd profitable in fiscal 2026?
No. It reported a net loss of $5.3M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.