{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-118194","form_type":"8-K","ticker":"AIHS","cik":"0001711012","company_name":"Senmiao Technology Ltd","filed_at":"2023-11-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.135595+00:00","generated_at":"2026-06-08T03:47:27.452004+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Senmiao Q2 FY2024 revenue down 18% YoY to $1.8M; net loss widens to $1.21M","bullets":["Total revenues $1.8M vs $2.2M YoY; ride-hailing platform services fell to $0.6M from $1.0M due to competition and Gaode compliance checks in Guangzhou.","Auto rental revenue rose 8.9% to $1.0M; gross profit increased 21.1% to $0.4M.","Loss from operations narrowed to $1.3M from $1.6M YoY, driven by cost-cutting and lower SG&A expenses (down 27.8% to $1.1M).","Net loss was $1.21M compared to $1.18M in prior-year period; diluted EPS loss $0.12 vs $0.15.","Cash and equivalents $1.3M as of Sep 30, 2023, down from $1.6M at Mar 31, 2023; stockholder equity dropped to $2.5M."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-118194","json":"https://secwatch.observer/filing/0001104659-23-118194.json","markdown":"https://secwatch.observer/filing/0001104659-23-118194.md","text":"https://secwatch.observer/filing/0001104659-23-118194.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1711012/000110465923118194/0001104659-23-118194-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1711012/000110465923118194/tm2330730d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T03:47:27.452004+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"60dce250050c11cb2660128df6116177625f230d","claim":"Senmiao Technology Ltd reported the fiscal second quarter ended September 30, 2023 results: revenue $1.8 million, net income $1.21 million, EPS $0.12.","evidence_excerpt":"today announced financial results for its fiscal 2024 second quarter ended September 30, 2023. Fiscal 2024 Second Quarter Financial and Operating Highlights · Total revenues of $1.8 million, compared to $2.2 million in the prior-year period, primarily due to decreased revenues from online ride-hailing platform services as a result of fewer completed orders due to","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1711012/000110465923118194/0001104659-23-118194-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal second quarter ended September 30, 2023"},{"label":"Revenue","value":"$1.8 million"},{"label":"Net income","value":"$1.21 million"},{"label":"EPS","value":"$0.12"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}