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MARKETS / NASDAQ / SDA
NASDAQ · SERVICES-AUTOMOTIVE REPAIR, SERVICES & PARKING · SMALL CAP

SunCar Technology Group Inc. SDA

4 fiscal years on record · USD · FY2024 reported · SEC filings only
$441.9M
▲ 21.5% YoY
$-64.5M
$11.3M
In brief

What this company does

SunCar Technology Group Inc. provides cloud, AI, and mobile app-based auto eInsurance services, technology services, and auto services in China. For the year ended December 31, 2025, the company generated revenue of $489.3 million. The company organizes its operations into two business segments, auto eInsurance and auto service. In its auto eInsurance business, the company facilitates the sale of auto insurance products underwritten by major insurance companies in China and receives commissions from those insurers, typically a percentage of the premium paid by the policyholder. In its auto services business, the company offers customized auto services to enterprise customers, including major banks, insurance companies, and other enterprises with end-customer demand for auto services. The company traces its inception to 2007, since when it has served the expanding needs of China's automobile owners.

Written from the business description in SunCar Technology Group Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 28 April 2026. Every sentence was checked against that document before publication.

Growth
USD 441.9M
Revenue, FY2024 · full 4-year series below
Revenue $M Net income $M
FY2024 · Revenue 441.9 · Net income -64.5
200.0M400.0M-25.0M-50.0M2021202220232024
Compound annual growth
+33.0%
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−15 cents
lost on every revenue dollar
Operating margin Net margin
FY2024 · Operating -13.2% · Net -14.6%
2%4%-5%-10%2021202220232024
ROE

No chart to show — the reason differs by year; see each year in the table below.

Cash & shareholders
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 11.3
4M8M-20M2021202220232024

Total assetsUSD 246.7M
EquityUSD 11.9M
CashUSD 26.9M
Gross debtUSD 83.6M
Net debtUSD 56.7M
Current ratio1.25×

Net debt stands at 477% of equity.

The 4-year record
4 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2024202320222021
Revenue $B0.40.40.30.2
Operating income $B−0.1−0.0−0.00.0
EBITDA $B····
Income tax $B0.00.00.00.0
Net income $B−0.1−0.0−0.0−0.0
Free cash flow $B0.0−0.0−0.0−0.0
EPS, diluted $−0.72−0.31−0.08−0.29
Dividend / sh $····
Payout %····
ROE %····

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

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This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 15 reconciliationsAUDITED

Reconciled in 5 of 19 fiscal years. 61 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityServices-Automotive Repair, Services & Parking
Listed onNASDAQ
Incorporated inoutside the United States — SEC code E9
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2020

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