Senmiao Technology Limited (AIHS) financial statements (2021 and earlier)
Company profile
| Business Address |
16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD. CHENGDU, SICHUAN, 610000 |
| State of Incorp. | NV |
| Fiscal Year End | March 31 |
| SIC | 6199 - Finance Services (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | |||
|---|---|---|---|---|---|
| ASSETS | |||||
| Current Assets | |||||
| Cash, cash equivalents, and short-term investments | 3,538 | 844 | 5,021 | ||
| Cash and cash equivalents | 3,538 | 844 | 5,021 | ||
| Receivables | 1,334 | 486 | 695 | ||
| Inventory, net of allowances, customer advances and progress billings | 429 | 1,001 | 1,508 | ||
| Inventory | 429 | 1,001 | 1,508 | ||
| Prepaid expense | 2,907 | 2,799 | 112 | ||
| Disposal group, including discontinued operation | 490 | 827 | |||
| Deposits current assets | 412 | 490 | 295 | ||
| Other current assets | 26 | 73 | |||
| Other undisclosed current assets | 141 | 88 | 3,768 | ||
| Total current assets: | 9,276 | 6,606 | 11,399 | ||
| Noncurrent Assets | |||||
| Finance lease, right-of-use asset | 5,697 | 5,440 | ✕ | ||
| Operating lease, right-of-use asset | 399 | 474 | ✕ | ||
| Property, plant and equipment | 1,112 | 480 | 126 | ||
| Long-term investments and receivables | 464 | 896 | |||
| Long-term investments | 15 | 14 | |||
| Accounts and financing receivable, after allowance for credit loss | 449 | 882 | |||
| Intangible assets, net (including goodwill) | 1,125 | 778 | 296 | ||
| Goodwill | 146 | ||||
| Intangible assets, net (excluding goodwill) | 979 | 778 | 296 | ||
| Other undisclosed noncurrent assets | 845 | 956 | 493 | ||
| Total noncurrent assets: | 9,642 | 9,025 | 915 | ||
| TOTAL ASSETS: | 18,918 | 15,631 | 12,314 | ||
| LIABILITIES AND EQUITY | |||||
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts payable and accrued liabilities | 1,412 | 1,016 | 1,082 | ||
| Accounts payable | 239 | 4 | 247 | ||
| Accrued liabilities | 55 | 104 | 198 | ||
| Employee-related liabilities | 1,093 | 891 | 615 | ||
| Taxes payable | 26 | 16 | 22 | ||
| Deferred revenue | 153 | 90 | ✕ | ||
| Debt | 5,957 | 3,998 | 170 | ||
| Due to related parties | 169 | 153 | 416 | ||
| Disposal group, including discontinued operation | 2,628 | 4,516 | |||
| Contract with customer, liability | ✕ | ✕ | 39 | ||
| Other undisclosed current liabilities | 4,596 | 1,360 | 2,047 | ||
| Total current liabilities: | 14,914 | 11,133 | 3,754 | ||
| Noncurrent Liabilities | |||||
| Long-term debt and lease obligation | 3,039 | 2,937 | 178 | ||
| Long-term debt, excluding current maturities | 47 | 64 | 178 | ||
| Finance lease, liability | 2,789 | 2,576 | ✕ | ||
| Operating lease, liability | 202 | 297 | ✕ | ||
| Liabilities, other than long-term debt | 45 | ||||
| Deferred income tax liabilities | 45 | ✕ | |||
| Other undisclosed noncurrent liabilities | 179 | 88 | |||
| Total noncurrent liabilities: | 3,263 | 3,026 | 178 | ||
| Total liabilities: | 18,178 | 14,158 | 3,931 | ||
| Stockholders' equity | |||||
| Stockholders' equity attributable to parent | 3,110 | 2,804 | 8,375 | ||
| Common stock | 4 | 3 | 3 | ||
| Additional paid in capital | 34,794 | 27,013 | 23,833 | ||
| Accumulated other comprehensive loss | (741) | (507) | (429) | ||
| Accumulated deficit | (30,947) | (23,705) | (15,032) | ||
| Stockholders' equity attributable to noncontrolling interest | (2,370) | (1,331) | 7 | ||
| Total stockholders' equity: | 740 | 1,472 | 8,383 | ||
| TOTAL LIABILITIES AND EQUITY: | 18,918 | 15,631 | 12,314 | ||
Income statement (P&L) ($ in thousands)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|
| Revenues | 19,544 | 15,768 | 2,921 | |
| Cost of revenue | (3,410) | (12,280) | (1,812) | |
| Provision for loan, lease, and other losses | (129) | (3,404) | ||
| Other undisclosed gross profit | (12,399) | (112) | ||
| Gross profit: | 3,735 | 3,375 | 1,109 | |
| Operating expenses | (13,363) | (8,972) | (5,558) | |
| Operating loss: | (9,628) | (5,597) | (4,449) | |
| Nonoperating income (expense) | (757) | 1,281 | (38) | |
| Other nonoperating income (expense) | 57 | (45) | (38) | |
| Interest and debt expense | (128) | (97) | (34) | |
| Loss from continuing operations before equity method investments, income taxes: | (10,512) | (4,412) | (4,521) | |
| Other undisclosed income from continuing operations before income taxes | 134 | 97 | ||
| Loss from continuing operations before income taxes: | (10,378) | (4,316) | (4,521) | |
| Income tax expense | (14) | (33) | (22) | |
| Other undisclosed loss from continuing operations | (33) | |||
| Loss from continuing operations: | (10,426) | (4,349) | (4,543) | |
| Loss from discontinued operations | (78) | (5,587) | ||
| Other undisclosed loss before gain (loss) on sale of properties | (5,587) | |||
| Net loss: | (16,091) | (9,936) | (4,543) | |
| Net income (loss) attributable to noncontrolling interest | 2,667 | 1,262 | (7) | |
| Net loss available to common stockholders, diluted: | (13,424) | (8,673) | (4,550) | |
Comprehensive Income ($ in thousands)
| 12/31/2020 TTM | 3/31/2020 | 3/31/2019 | ||
|---|---|---|---|---|
| Net loss: | (16,091) | (9,936) | (4,543) | |
| Other undisclosed comprehensive loss | (235) | (155) | (175) | |
| Comprehensive loss: | (16,326) | (10,091) | (4,718) | |
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | 2,375 | 1,339 | (7) | |
| Comprehensive loss, net of tax, attributable to parent: | (13,951) | (8,752) | (4,725) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.