What are Senmiao Technology's total assets?

Senmiao Technology reported total assets of $5.26M as of Mar 31, 2026, down 9.4% from $5.80M a year earlier. Total liabilities were $7.82M.

What is Senmiao Technology's shareholders' equity?

Senmiao Technology's shareholders' equity was negative at −$5.83M as of Mar 31, 2026, so its liabilities exceeded its assets.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

Senmiao Technology (AIHS) Balance Sheet: Assets & Liabilities

Senmiao Technology Balance Sheet Analysis

Values 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 2026	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 2026	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	3.56	0.70	0.74	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	0.68	0.00	0.73	0.00	-	0.00	0.00	0.00	0.00
Cash & Short-Term Investments	3.56	0.70	0.74	0.74	1.61	1.61	1.19	1.19	4.34	4.34	0.83	3.97	11.14
Accounts Receivable	0.06	0.01	0.02	0.82	0.21	0.31	0.66	0.77	0.50	3.70	3.49	3.87	0.00
Inventory	-	-	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	0.01	0.00	0.02	1.09	0.01	1.03	0.01	1.71	5.38	2.72	1.28	2.05	0.07
Total Current Assets	4.09	2.24	2.65	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)	0.86	1.66	3.14	3.14	4.18	4.18	6.59	6.59	1.85	4.64	6.62	0.13	0.01
Long-Term Investments	-	-	0.00	0.00	-	-14.24	-	-19.88	-	0.00	0.00	0.00	0.00
Goodwill	-	-	0.00	0.00	-	0.00	-	0.00	0.14	0.14	0.00	0.00	0.00
Intangible Assets	0.30	0.38	0.45	0.45	0.77	0.77	0.96	0.96	0.97	0.97	0.78	0.30	1.95
Other Non-Current Assets	-	1.08	0.14	3.62	4.43	4.43	6.73	6.73	4.85	5.66	1.63	0.49	1.20
Total Non-Current Assets	1.17	3.56	7.21	7.21	9.38	9.38	14.28	14.28	-	11.41	9.02	0.91	3.16
Total Assets	5.26	5.80	9.86	9.86	14.24	14.24	19.88	19.88	22.30	22.30	15.63	12.31	14.37
Current Liabilities
Accounts Payable	0.10	0.12	0.11	0.11	0.22	0.18	0.07	0.01	0.04	0.04	0.38	0.16	0.00
Short-Term Debt	-	0.00	0.01	0.36	0.02	0.49	0.16	0.84	-	0.89	4.00	0.70	0.00
Current Portion of Long-Term Debt	-	-	-	-	0.01	-	0.15	-	-	-	-	-	-
Accrued Liabilities	1.12	1.71	2.31	-	2.61	-	2.08	-	2.87	-	-	-	-
Deferred Revenue	0.09	0.10	0.12	0.12	0.15	0.15	0.12	0.12	0.11	0.11	0.09	0.03	0.01
Other Current Liabilities	5.62	3.21	1.61	4.65	0.50	4.28	2.22	5.18	13.04	15.33	6.47	2.82	1.48
Total Current Liabilities	7.78	5.22	5.34	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	-	-	0.07	0.22	0.51	1.03	0.28	0.28	-	0.70	3.03	0.18	0.00
Deferred Tax Liabilities	-	-	0.01	0.01	0.04	0.04	0.05	0.05	0.04	0.04	0.00	0.00	0.00
Other Non-Current Liabilities	-	-	0.08	0.23	0.04	-0.24	0.05	0.82	2.30	2.21	0.00	0.00	0.00
Total Non-Current Liabilities	0.04	0.23	0.46	0.46	0.83	0.83	1.14	1.14	2.95	2.95	3.03	0.18	0.00
Total Liabilities	7.82	5.45	5.81	5.81	6.01	6.01	7.31	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	0.00
Retained Earnings	-50.38	-45.11	-41.38	-41.38	-37.72	-37.72	-34.60	-34.60	-34.06	-34.06	-23.70	-15.03	-10.48
Accumulated Other Comprehensive Income	-0.85	-1.70	-1.67	-1.67	-1.25	-1.25	-0.11	-0.11	-0.84	-0.84	-0.51	-0.43	-0.25
Additional Paid-in Capital	45.40	43.95	43.95	43.95	43.36	43.09	42.80	41.98	-	40.76	27.01	23.83	23.61
Minority Interest	3.27	3.20	3.16	3.16	3.83	3.83	4.48	4.48	-	-3.28	-1.33	0.01	0.00
Shares Outstanding	4.56	10.52	10.52	-	7.74	-	0.62	-	-	-	-	-	-
Total Stockholders' Equity	-5.83	-2.86	0.89	0.89	4.39	4.39	8.09	8.09	2.57	5.86	2.80	8.38	12.88
Total Liabilities & Equity	5.26	5.80	9.86	9.86	14.24	14.24	19.88	19.88	-	22.30	15.63	12.31	14.37

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Senmiao Technology Balance Sheet Analysis

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