NASDAQ$AIHS

Senmiao Technology Ltd · Q4 2022 earnings

Q4 2022 earnings · · Investor relations

Briefing

Reported fiscal year-end financial results, reflecting the deconsolidation of financial figures of former variable interest entities.

Senmiao Technology reported a 124.5% increase in total revenues for fiscal year 2022, driven by growth in automobile transaction and online ride-hailing platform services. However, the company experienced a gross loss due to increased cost of revenues related to these expanding businesses. Despite the revenue growth, the company reported a net loss for the year.

  • Total revenues increased by 124.5% year-over-year, reaching $4.9 million.
  • Operating lease revenues from automobile rentals increased to $1.7 million.
  • Online ride-hailing platform services revenue increased by 195.1% to $2.7 million.
  • Net loss from continuing operations was $5.6 million.

Headline financials

Total Revenue

$1.76M

No prior period
EPS (adj)

-$0.96

No prior period
Capital Expenditures

-$236K

No prior period
Free Cash Flow

-$2.46M

No prior period
Net Income

-$5.6M

No prior period
Operating Income

$217K

No prior period
Gross Profit

-$1.6M

No prior period
Cash & Equivalents

$1.2M

No prior period
Total Assets

$0.00

No prior period

Revenue & EPS history

Senmiao Technology · Revenue · Quarterly

$1.76M

Q4 2022

Revenue by segment

Senmiao Technology · $1.2M total across 1 segment · Q2 2022

  • Operating lease revenues
    $1.2M

Forward guidance

Senmiao plans to provide product solutions to increase the number of automobiles for operating leases and will focus on becoming a leading financing and servicing company in the online ride-hailing market in China.

Tailwinds

  • Company is in a strong position to continue growing its online ride-hailing platform.
  • Replicable model of offering a flexible automobile rental option has been well received by online ride-hailing drivers.
  • Company plans to provide a series of product solutions to increase the number of automobiles for operating leases.
  • Senmiao will remain focused on becoming a leading financing and servicing company.
  • Senmiao aims to be a significant player in the online ride-hailing market in China.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2022

Historical avgQ4 2022

+5.8%

Avg return

Earnings day

+3.6%

Avg return

5 days after

+5.5%

Avg return

30 days after

45%

13 / 29 earnings

Positive

+172.3%

Q2 2020

Best reaction

-16.0%

Q1 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+0.0%+6.5%+29.8%
Q2 2026+3.0%+12.6%+8.7%
Q4 2025+4.5%-14.9%+24.8%
Q3 2025+0.8%-0.3%+2.2%
Q2 2025-4.0%+14.9%+3.4%
Q4 2024-7.3%+2.2%+43.3%
Q1 2026-1.1%+1.1%+47.3%
Q3 2024+4.1%+3.3%+68.0%
Q2 2024-7.9%-2.2%+132.5%
Q1 2024-5.2%-9.1%-12.0%
Q4 2023+15.5%+22.6%-2.5%
Q3 2023+4.1%+3.6%-4.6%
Q2 2023+3.1%-3.4%-3.9%
Q1 2023+12.5%+10.4%-13.4%
Q4 2022-2.7%-4.4%-15.8%
Q3 2022-4.1%-8.8%-15.4%
Q3 2021+2.6%-6.5%-15.8%
Q2 2022+3.4%-5.0%-37.2%
Q2 2021-2.6%-7.5%-37.3%
Q1 2022-2.7%-14.4%-17.0%
Q1 2021-2.7%-14.4%-17.0%
Q1 2020-16.0%-12.9%-6.6%
Q3 2019+15.1%+12.4%-35.7%
Q3 2020-1.0%+12.4%-35.7%
Q2 2020+172.3%+111.2%+74.3%
Q4 2019-9.5%-13.1%-50.5%
Q3 2018-5.4%-3.3%+34.5%
Q2 2019-1.1%+0.0%+1.1%
Q1 2018+1.8%+10.8%+10.8%
Q3 2017
Q2 2017
Q1 2017
Q4 2017
Q3 2016
Q2 2016
Q1 2016

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro