Senmiao Technology is a holding company. Via its subsidiaries, Co. facilitates automobile transaction and related services focusing on the ride-hailing industry in People's Republic of China. Co.'s Automobile Transaction and Related Services are comprised of facilitation of automobile transaction and financing where it connects the drivers to financial institutions to buy, or get financing on the purchase of, cars to be used to provide ride-hailing services; automobile sales where it procures new cars from dealerships and sells them to its customers in the automobile financing facilitation business; automobile operating lease where it provides car rental services and automobile financing. The AIHS average annual return since 2018 is shown above.
The Average Annual Return on the AIHS average annual return since 2018 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether AIHS average annual return since 2018 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the AIHS average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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