What is a balance sheet?

A balance sheet shows a company's financial position at a specific point in time. It lists total assets (what the company owns), total liabilities (what it owes), and stockholders' equity (the difference). The fundamental equation: Assets = Liabilities + Equity.

What is stockholders' equity?

Stockholders' equity represents the net value belonging to shareholders — total assets minus total liabilities. It includes retained earnings, common stock, and additional paid-in capital. Growing equity over time typically indicates a healthy, profitable business.

What is working capital?

Working capital is current assets minus current liabilities. It measures a company's ability to pay short-term obligations with short-term assets. Positive working capital indicates the company can cover its near-term debts; negative may signal liquidity risk.

What is AIHS's debt level?

Review Senmiao Technology's total long-term debt and short-term borrowings in the balance sheet table above. Compare debt to equity and total assets to assess leverage and financial risk.

What is book value per share?

Book value per share is total stockholders' equity divided by shares outstanding. It represents the accounting value per share if the company were liquidated. Comparing market price to book value gives the price-to-book (P/B) ratio — a key valuation metric.

Senmiao Technology (AIHS) Balance Sheet: Assets & Liabilities

Senmiao Technology Balance Sheet Analysis

Assets, liabilities, and stockholders equity in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Senmiao Technology Limited (AIHS) - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2022	FY 2021	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period Ending	Mar 2025	Mar 2024	Jun 2023	Mar 2023	Jun 2022	Mar 2022	Jun 2021	Mar 2021	Jun 2020	Jun 2019	Dec 2018	Mar 2018
Current Assets
Cash and Cash Equivalents	0.83	0.83	0.74	1.61	1.61	1.19	1.19	4.34	4.34	0.83	3.97	11.14
Short-Term Investments	0.00	0.00	0.00	0.68	0.00	0.73	0.00	0.00	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	0.83	0.83	0.74	1.61	1.61	1.19	1.19	4.34	4.34	0.83	3.97	11.14
Accounts Receivable	0.85	0.39	0.82	2.20	0.31	2.41	0.77	1.04	3.70	3.49	3.87	0.00
Inventory	0.00	0.00	0.00	0.01	0.01	0.29	0.29	0.15	0.13	1.00	1.51	0.00
Other Current Assets	0.27	1.01	1.09	0.33	1.03	0.96	1.71	0.00	2.72	1.28	2.05	0.07
Total Current Assets	2.24	2.24	2.65	4.85	4.85	5.60	5.60	10.89	10.89	6.61	11.40	11.21
Non-Current Assets
Property, Plant & Equipment (Net)	1.78	1.78	3.14	4.18	4.18	6.59	6.59	4.64	4.64	6.62	0.13	0.01
Long-Term Investments	0.00	0.00	0.00	0.00	-14.24	0.00	-19.88	0.00	0.00	0.00	0.00	0.00
Goodwill	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.14	0.14	0.00	0.00	0.00
Intangible Assets	0.38	0.38	0.45	0.77	0.77	0.96	0.96	0.97	0.97	0.78	0.30	1.95
Other Non-Current Assets	1.39	1.41	3.62	4.36	4.43	6.64	6.73	5.13	5.66	1.63	0.49	1.20
Total Non-Current Assets	3.56	3.56	7.21	9.38	9.38	14.28	14.28	0.00	11.41	9.02	0.91	3.16
Total Assets	5.80	5.80	9.86	14.24	14.24	19.88	19.88	22.30	22.30	15.63	12.31	14.37
Current Liabilities
Accounts Payable	0.16	0.17	0.11	0.18	0.18	0.01	0.01	0.04	0.04	0.38	0.16	0.00
Short-Term Debt	0.00	0.37	0.36	0.01	0.49	0.15	0.84	0.00	0.89	4.00	0.70	0.00
Current Portion of Long-Term Debt	0.00	0.00	0.00	0.01	0.00	0.15	0.00	0.00	0.00	0.00	0.00	0.00
Accrued Liabilities	2.40	1.90	0.00	3.38	0.00	2.44	0.00	2.87	0.00	0.00	0.00	0.00
Deferred Revenue	0.12	0.12	0.12	0.15	0.15	0.12	0.12	0.00	0.11	0.09	0.03	0.01
Other Current Liabilities	2.14	4.42	4.65	1.14	4.28	2.87	5.18	13.15	15.33	6.47	2.82	1.48
Total Current Liabilities	5.22	5.22	5.34	5.18	5.18	6.17	6.17	16.78	16.78	11.13	3.75	1.50
Non-Current Liabilities
Long-Term Debt	0.00	0.00	0.22	0.51	1.03	0.28	0.28	0.00	0.70	3.03	0.18	0.00
Deferred Tax Liabilities	0.00	0.00	0.01	0.04	0.04	0.05	0.05	0.04	0.04	0.00	0.00	0.00
Other Non-Current Liabilities	0.00	0.23	0.23	0.00	-0.24	0.00	0.82	2.25	2.21	0.00	0.00	0.00
Total Non-Current Liabilities	0.23	0.23	0.46	0.83	0.83	1.14	1.14	0.00	2.95	3.03	0.18	0.00
Total Liabilities	5.22	5.45	5.81	5.74	6.01	6.49	7.31	19.73	19.73	14.16	3.93	1.50
Stockholders' Equity
Common Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained Earnings	-45.11	-45.11	-41.38	-37.72	-37.72	-34.60	-34.60	-34.06	-34.06	-23.70	-15.03	-10.48
Accumulated Other Comprehensive Income	-1.70	-1.70	-1.67	-1.25	-1.25	-0.11	-0.11	-0.84	-0.84	-0.51	-0.43	-0.25
Additional Paid-in Capital	43.95	43.95	43.95	43.36	43.09	42.80	41.98	0.00	40.76	27.01	23.83	23.61
Minority Interest	3.20	3.20	3.16	3.83	3.83	4.48	4.48	0.00	-3.28	-1.33	0.01	0.00
Shares Outstanding	1.05	1.05	0.00	0.77	0.00	0.62	0.00	0.00	0.00	0.00	0.00	0.00
Total Stockholders' Equity	0.58	-2.86	0.89	8.50	4.39	13.99	8.09	2.57	5.86	2.80	8.38	12.88
Total Liabilities & Equity	5.80	5.80	9.86	14.24	14.24	19.88	19.88	0.00	22.30	15.63	12.31	14.37

Senmiao Technology (AIHS) Balance Sheet

Senmiao Technology Balance Sheet Analysis

Frequently Asked Questions About Senmiao Technology Balance Sheet

Current Ratio

Quick Ratio

Debt to Equity (D/E)

Book Value Per Share

Return on Assets (ROA)

Return on Equity (ROE)

Senmiao Technology Balance Sheet Analysis

Frequently Asked Questions About Senmiao Technology Balance Sheet

Metrics Derived from the Balance Sheet

Current Ratio

Quick Ratio

Debt to Equity (D/E)

Book Value Per Share

Return on Assets (ROA)

Return on Equity (ROE)