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AIHS (Senmiao Technology) Net Income : $-3.33 Mil (TTM As of Dec. 2024)


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What is Senmiao Technology Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Senmiao Technology's Net Income for the three months ended in Dec. 2024 was $-0.57 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $-3.33 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Senmiao Technology's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $-0.05.


Senmiao Technology Net Income Historical Data

The historical data trend for Senmiao Technology's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Senmiao Technology Net Income Chart

Senmiao Technology Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Net Income
Get a 7-Day Free Trial Premium Member Only -8.67 -10.36 -0.54 -3.11 -3.67

Senmiao Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.93 -1.38 -0.67 -0.71 -0.57

Senmiao Technology Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Senmiao Technology's Net Income for the fiscal year that ended in Mar. 2024 is calculated as

Net Income(A: Mar. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-4.243+0.009+0+0.565
=-3.67

Senmiao Technology's Net Income for the quarter that ended in Dec. 2024 is calculated as

Net Income(Q: Dec. 2024 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=-0.583+0+0+0.018
=-0.57

Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.33 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Senmiao Technology  (NAS:AIHS) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Senmiao Technology's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Senmiao Technology Net Income Related Terms

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Senmiao Technology Business Description

Traded in Other Exchanges
N/A
Address
Middle Jiannan Boulevard, 16th Floor, Shihao Square, High-Tech Zone, Sichuan, Chengdu, CHN, 610000
Senmiao Technology Ltd is a holding company. The company's operating segment includes Automobile Transaction and Related Services focusing on the online ride-hailing industry in the People's Republic of China and Online ride-hailing platform Services through its own platform, Xixingtianxia. It generates maximum revenue from the Automobile Transaction and Related Services segment. Geographically, it derives revenue from China.
Executives
Xiaoyuan Zhang officer: CFO & Treasurer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE, CHENGDU, SICHUAN F4 610000
Haitao Liu officer: Chief Operating Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Chunhai Li officer: Chief Technology Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Trent D Davis director 811 SW NAITO PARKWAY, SUITE 200, PORTLAND OR 97204
Xiaojuan Lin director 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xi Wen director, officer: See Remarks 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Jie Gao director 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
Sichun Wang director 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
Rong Zhu officer: Chief Financial Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Yulei Rao director 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xiang Hu director, 10 percent owner 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000
Xi Chen officer: Chief Executive Officer 16F SHIHAO SQUARE MIDDLE JIANNAN BLVD, HIGH TECH ZONE CHENGDU, SICHUAN F4 610000