SunCar Technology Group Inc.

NASDAQ•SDA

CEO: Mr. Zaichang Ye

Sector: Consumer Cyclical

Industry: Auto - Dealerships

Listing Date: 2021-04-16

SunCar Technology Group Inc., through its subsidiaries, operates as a cloud-based provider of digitalized enterprise auto services and auto e-Insurance service in the People's Republic of China. It offers one-stop, fully digitalized, and on-demand automotive service systems. The company provides customized service solutions to banks, insurance companies, telecommunication companies, new energy vehicle original equipment manufacturers, and others. It also provides car wash, oil change, tire repair, car beautification, road assistance, flight pickup, designated driving, VIP lounge, etc. in collaboration with third-party auto service providers. In addition, it facilitates the sale of auto e-Insurance products underwritten by insurance companies through a network of external sales partners. Further, the company provides its services through an online software, as well as offers technical services. The company is based in Shanghai, China.

Contact Information

Suncar Auto Building, Suite 209 No. 656 Lingshi Road Jing’an District, Shanghai, 200072, China

86-138-1779-6110

suncartech.com

Market Cap

$171.20M

P/E (TTM)

-11.8

14.2

Dividend Yield

52W High

$4.83

52W Low

$1.54

52W Range

Rank48Top 64.4%

3.3

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 3.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q3 2025 Data

Revenue

$115.78M+5.61%

4-Quarter Trend

EPS

$0.00+0.00%

4-Quarter Trend

FCF

-$2.05M+0.00%

4-Quarter Trend

2024 Annual Earnings Highlights

Key Highlights

Strong Revenue Expansion Total revenues reached $441.9M in 2024, marking a 21% increase driven by strong insurance segment performance.

Insurance Segment Soars Auto eInsurance service revenue grew 44% to $170.5M, fueled by rapid EV sales growth in China market.

Tech Services Revenue Jumps Technology service revenue increased 46% to $44.9M as enterprise customers adopt online tools and SaaS offerings.

Operating Cash Flow Positive Continuing operations generated $11.8M in net cash provided by operating activities, reversing prior year's negative flow.

Risk Factors

Operating Loss Widens Operating loss expanded significantly to $(58.4M) in 2024, reflecting 32% growth in total operating costs and expenses.

PRC Regulatory Uncertainty Evolving PRC laws regarding data security, foreign investment, and overseas listings pose material risks to operations and valuation.

Customer Revenue Concentration Top three customers accounted for 45% of 2024 revenue, exposing results to loss of significant customer cooperation.

High Share-Based Costs Share-based compensation expense surged to $63.5M in 2024, heavily impacting reported net loss figures.

Outlook

Focus on EV Transformation Strategy centers on expanding EV market presence, developing customized insurance, and integrating solutions with EV OEMs.

Technology Monetization Growth Plans include further developing SaaS model offerings to convert service providers into recurring technology business clients.

Synergistic Platform Development Leverage cross-utilization between auto services and eInsurance networks to enhance customer acquisition and cross-selling.

Share Repurchase Authorized Board authorized a share repurchase program of up to $30M over 12 months, signaling confidence in long-term prospects.

Peer Comparison

Revenue (TTM)

DBI

$2.89B

-3.9%

BZUN

$1.38B

+5.1%

CRMT

$1.10B

-20.3%

Gross Margin (Latest Quarter)

BZUN

75.2%

+5.0pp

FOSL

57.4%

-0.4pp

SDA

54.4%

+1.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
DBI	$270.02M	-32.2	-3.0%	62.0%
HBB	$236.83M	9.0	15.7%	10.5%
FOSL	$232.25M	-2.7	-61.9%	40.9%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

-3.6%

Flat Growth

4Q Net Income CAGR

N/M

Profitability Shift

Cash Flow Stability

50%

Cash Flow Needs Attention

Deep Research

Next earnings:Apr 2, 2026

EPS:$0.04

Revenue:$151.95M

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data