AIHS (Senmiao Technology) Operating Income: $-3.20 Mil (TTM As of Mar. 2026)


AIHS Senmiao Technology Ltd AIHS
34 GF Score
Price $1.50
GF Value $0.56
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Senmiao Technology Operating Income?

Senmiao Technology AIHS +4.17% 34 Operating Income is $-3.20 Mil as of Mar. 2026. GuruFocus rates AIHS with a GF Score™ of 34/100 and a GF Value™ of $0.56 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Senmiao Technology's Operating Income for the three months ended in Mar. 2026 was $-0.73 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was $-3.20 Mil.

Warning Sign:

Senmiao Technology Ltd has never been profitable in the past 3 years. It lost money every year.

Operating Margin % is calculated as Operating Income divided by its Revenue. Senmiao Technology's Operating Income for the three months ended in Mar. 2026 was $-0.73 Mil. Senmiao Technology's Revenue for the three months ended in Mar. 2026 was $0.33 Mil. Therefore, Senmiao Technology's Operating Margin % for the quarter that ended in Mar. 2026 was -224.23%.

Good Sign:

Senmiao Technology Ltd operating margin is expanding. Margin expansion is usually a good sign.

Senmiao Technology's 5-Year average Growth Rate for Operating Margin % was 10.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Senmiao Technology's annualized ROC % for the quarter that ended in Mar. 2026 was -65.11%. Senmiao Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -300.82%.


Senmiao Technology  (NAS:AIHS) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Senmiao Technology's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-2.924 * ( 1 - 0% )/( (2.056 + 6.926)/ 2 )
=-2.924/4.491
=-65.11 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Senmiao Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-2.924/( ( (1.084 + max(-1.139, 0)) + (0.86 + max(-7.248, 0)) )/ 2 )
=-2.924/( ( 1.084 + 0.86 )/ 2 )
=-2.924/0.972
=-300.82 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.75) - (1.289 + 0.082 + 0.519)
=-1.139

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.471) - (2.017 + 0.087 + 5.615)
=-7.248

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Senmiao Technology's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=-0.731/0.326
=-224.23 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Senmiao Technology Operating Income Related Terms


Senmiao Technology Operating Income Historical Data

* Premium members only.

The historical data trend for Senmiao Technology's Operating 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.

Senmiao Technology Operating Income Chart

Senmiao Technology Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.36 -6.14 -4.38 -1.99 -2.89

Senmiao Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 -0.83 -0.61 -0.76 -1.10 -0.73
AIHS
34GF Score
Senmiao Technology Ltd AIHS
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Senmiao Technology Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-3.20 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.

Frequently Asked Questions Learn more about Operating Income →
What does a Operating Income of $-3.20 Mil mean?
Senmiao Technology (AIHS) has a Operating Income of $-3.20 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Senmiao Technology and its competitors.
Is Senmiao Technology's Operating Income too high?
Senmiao Technology's current Operating Income is $-3.20 Mil. Overall, Senmiao Technology has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Senmiao Technology's Operating Income compare to MWG and AITX?
Senmiao Technology's Operating Income of $-3.20 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Business Services company?
A good Operating Income depends on the Business Services industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Senmiao Technology and its competitors. Senmiao Technology's current Operating Income is $-3.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Senmiao Technology stock overvalued right now?
Based on GuruFocus' analysis, Senmiao Technology (AIHS) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.56, compared to a current price of $1.50 — trading 167.9% above its estimated fair value. The current Operating Income is $-3.20 Mil. Senmiao Technology's overall GF Score™ is 34/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Senmiao Technology (AIHS), the current Operating Income is $-3.20 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Senmiao Technology (AIHS) Overvalued in 2026?

Based on GuruFocus' analysis, Senmiao Technology stock appears to be overvalued. The current stock price of $1.50 is trading 167.9% above its estimated GF Value™ of $0.56. GuruFocus considers Senmiao Technology to be Significantly Overvalued.

Key valuation signals for AIHS:

  • Operating Income: $-3.20 Mil
  • GF Value™: $0.56 vs. price of $1.50 (167.9% above fair value)
  • GF Score™: 34/100 with 6 warning signs

No single metric tells the full story. See the AIHS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Senmiao Technology Business Description

Address Middle Jiannan Boulevard, 16th Floor, Shihao Square, High-Tech Zone, Sichuan, Chengdu, CHN, 610000
Senmiao Technology Ltd is a holding company. Along with its subsidiaries, it is engaged in facilitating automobile transactions and offering related services. The group's business activities include providing car rental services to individual customers with lease term no more than twelve months; leasing and servicing of new energy vehicles; offering services to automobile purchasers throughout the purchase process; providing management and related services to Partner Platforms and other companies; automobile financing; and providing other related supporting services to customers. The majority of the group's revenue is generated from its automobile rental business.
34GF Score

Get the complete analysis for AIHS

Operating Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.50
Price
$0.56
GF Value