WebsiteIntroduction
Senmiao Technology Limited (NASDAQ: AIHS), headquartered in Chengdu, Sichuan Province, provides automobile transaction and related services in China, with a focus on the ride-sharing market. On October 1, 2025, its shares closed at $2.8070, reflecting a 40.35% increase on a trading volume of 2,439,289.
Corporate Structure
Senmiao Technology Limited supports China’s ride-hailing sector and operates with between 51 and 200 employees. The company offers sales of automobiles, financing facilitation, operating leases, guarantees, and other transaction services. It is classified in the Credit Services industry within the Financial sector.
Ride-sharing by Fikri Rasyid
Recent Developments and News
- July 24, 2025: Senmiao announced a 1-for-10 reverse stock split effective July 29, 2025. The company reduced its authorized common shares from 500 million to 50 million, and fractional shares will be rounded up to the next whole number.
- August 15, 2025: An NT 10-Q filing was submitted to notify the SEC of a delayed Q2 2025 report, citing the disposal of a subsidiary in August 2024 and related financial restatements as discontinued operations.
- August 19, 2025: Senmiao filed its Q2 2025 Form 10-Q. In this report, management indicated that net loss narrowed year-over-year, with estimates showing a $0.28 million loss compared to $0.76 million in Q2 2024.
Financial and Strategic Analysis
Key metrics (trailing twelve months, as of September 18, 2025):
| Metric | Value |
|---|---|
| Revenue | $3.37 million |
| Net Income (Available to Common) | –$3.03 million |
| Profit Margin | –95.43% |
| Return on Assets | –31.90% |
| Return on Equity | –150.99% |
| Price/Sales (TTM) | 0.81 |
| Total Cash (MRQ) | $867,770 |
| Total Debt/Equity (MRQ) | 40.11% |
| Market Cap (intraday) | $2.87 million |
| Enterprise Value | $2.20 million |
Ongoing losses reflect the company’s investment in scaling its platform and the impact of its August 2024 subsidiary disposal. The reverse stock split is intended to consolidate the share base and improve float dynamics. Management has indicated efforts to streamline operations and focus on its core ride-sharing financing services.
Market Position and Industry Context
Senmiao competes in China’s automobile transaction and financial services market for ride-hailing. Its market capitalization is under $5 million, and its 52-week share price has ranged from $1.84 to $17.00. A beta of 0.77 indicates below-market volatility, while year-to-date performance stands at –77.09%. Average trading volume reported by Yahoo Finance is approximately 3.68 million shares.
tl;dr
On October 1, 2025, Senmiao Technology Limited shares rose 40.35% to $2.8070 on a volume of 2.44 million. The 1-for-10 reverse stock split took effect on July 29, 2025. In its Q2 2025 Form 10-Q filed on August 19, 2025, net loss decreased to $0.28 million from $0.76 million a year earlier. The upcoming Q3 2025 filing is expected by mid-November 2025.
