NASDAQ$AIHS

Senmiao Technology Ltd · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Senmiao Technology's financial performance for fiscal year 2023 was reported, highlighting revenue growth and cost-cutting initiatives.

Senmiao Technology reported a 64.5% increase in total revenues to $8.1 million for fiscal year 2023. The company's gross profit was $1.5 million, compared to a gross loss of $2.1 million in the prior fiscal year, and net losses narrowed by 32.4%.

  • Total revenues increased by 64.5% to $8.1 million.
  • Gross profit reached $1.5 million, a significant improvement from the previous year's gross loss.
  • Net losses were reduced by 32.4% due to top-line growth and cost-cutting.
  • Operating lease revenues from automobile rentals more than doubled year over year.

Headline financials

Total Revenue

$1.76M

Previous: $1.76M-0.1%
EPS (adj)

-$0.18

Previous: -$0.96+81.3%
Capital Expenditures

-$62.9K

Previous: -$236K+73.3%
Free Cash Flow

$371K

Previous: -$2.46M+115.1%
Net Income

-$1.39M

Previous: -$5.6M+75.1%
Operating Income

-$1.79M

Previous: $217K-924.6%
Gross Profit

$1.5M

Previous: -$1.6M+193.8%
Cash & Equivalents

$1.6M

Previous: $1.2M+33.3%
Total Assets

$4.4M

Previous: $0.00

Revenue & EPS history

Senmiao Technology · Revenue · Quarterly

$1.76M

Q4 2023-0.1%vs Q4 2022

Revenue by segment

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

  • Operating lease revenues
    $1.2M

Forward guidance

Senmiao expects to continue expanding business partnerships, explore new markets, and strengthen its presence in key markets like Chengdu, Changsha, and Guangzhou.

Tailwinds

  • Expansion of business partnerships
  • Exploration of potential new markets
  • Opportunities for new partner models
  • Strengthening presence in key markets
  • Positive momentum from China's post-pandemic environment

Headwinds

  • Forward-looking statements are subject to risks and uncertainties.
  • Filings with the SEC contain detailed risks and assumptions.
  • Views represent Senmiao's opinions only as of the date made.
  • No obligation to revise forward-looking statements.
  • Reliance should not be placed on views as of any subsequent date.

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 2023

Historical avgQ4 2023

+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

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