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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

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

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-50.0M
20212024
Compound annual growth
+21.0%
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%
202120222024
ROE

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

Three returns, three denominators.
Return on equityNot available: we don't have a clean profit figure for this period.

Return on equity has no reading this year — return on capital employed, just below, still does: -62%.

Cash & shareholders

·
returned in FY2024 · dividends + net buybacks
Free cash flow $M
FY2024 · FCF 11.3
5M10M-15M-30M
202120222024

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—not applicable◌not available in our data
SDA, 4-year financial record
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 % — not applicable: no dividend————
ROE %◌——◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Compare

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Provenance

Company facts, as filed

How we verify · 0 failures in 15 reconciliationsAUDITED

Reconciled in 4 of the 4 fiscal years we could check. 30 checks were skipped: the balance sheet is not tagged before 2022. 14 checks were skipped: EPS is not tagged before 2021.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 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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