SunCar Technology Group Inc. (SDA)

NASDAQ: SDA · Real-Time Price · USD
9.48
-0.50 (-5.01%)
Nov 20, 2024, 4:00 PM EST - Market closed
-5.01%
Market Cap 982.49M
Revenue (ttm) 407.45M
Net Income (ttm) -86.12M
Shares Out 103.64M
EPS (ttm) -0.94
PE Ratio n/a
Forward PE 29.63
Dividend n/a
Ex-Dividend Date n/a
Volume 320,316
Open 9.85
Previous Close 9.98
Day's Range 9.34 - 9.95
52-Week Range 5.71 - 11.74
Beta -0.15
Analysts n/a
Price Target n/a
Earnings Date Sep 16, 2024

About SDA

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 pic... [Read more]

Founded 2007
Employees 528
Stock Exchange NASDAQ
Ticker Symbol SDA
Full Company Profile

Financial Performance

In 2023, SunCar Technology Group's revenue was $363.75 million, an increase of 28.80% compared to the previous year's $282.41 million. Losses were -$26.91 million, 303.5% more than in 2022.

Financial Statements

News

SunCar Technology and Wuhan JIDU Join Forces to Revolutionize Auto Insurance with Nationwide Intelligent Platform

NEW YORK , Nov. 11, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance in China, has entered into a strategic pa...

10 days ago - PRNewsWire

SunCar Technology Expands Strategic Partnership with Ping An Property & Casualty Across Key Provinces

New and Renewed Contracts Totaling 30 million RMB to Enhance Automotive Services Nationwide NEW YORK , Oct. 24, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA) ("SunCar" or the "Compan...

4 weeks ago - PRNewsWire

SunCar Technology Group Expands Multi-Platform Collaboration with ICBC Shaanxi Branch Through "Shaanxi Benefits" Platform

Drives Consumer Spending Over RMB 70 million (US$9.9 million) for ICBC Shaanxi Branch NEW YORK , Oct. 15, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), a...

5 weeks ago - PRNewsWire

SunCar Technology Group Inc. (SDA) Q2 2024 Earnings Call Transcript

SunCar Technology Group Inc. (NASDAQ:SDA) Q2 2024 Earnings Conference Call September 16, 2024 8:00 AM ET Company Participants Jennifer Jiang - Director of IR Zaichang Ye - Chairman and CEO Breaux Wal...

2 months ago - Seeking Alpha

SunCar Technology Reports 27% Revenue Growth, Including 55% Increase in Auto e-Insurance Business and Over 250% Increase in the Number of Electric Vehicle Insurance Policies in 1H 2024

Adjusted EBITDA Increased to $6.4 Million for the First Half of 2024 Conference Call and Webcast on September 16 th at 8 AM ET NEW YORK , Sept. 16, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (t...

2 months ago - PRNewsWire

SunCar Technology Group Inc. Schedules Earnings Conference Call for the First Half of Fiscal Year 2024 on Monday, September 16th at 8 a.m. ET

NEW YORK , Sept. 9, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, wi...

2 months ago - PRNewsWire

SunCar to Present at the Emerging Growth Conference on August 22, 2024

NEW YORK , Aug. 20, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce that th...

3 months ago - PRNewsWire

SunCar Technology Partners with SAIC Maxus for Enhanced Auto E-Insurance Solutions

Marks Expansion to Traditional Vehicle Dealerships NEW YORK , Aug. 20, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar"; NASDAQ: SDA), an innovative leader in cloud-based B2B auto services ...

3 months ago - PRNewsWire

Presenting on the Emerging Growth Conference 74 Day 1 on August 21 Register Now

MIAMI, Aug. 20, 2024 (GLOBE NEWSWIRE) -- EmergingGrowth.com a leading independent small cap media portal announces the schedule of the 74th Emerging Growth Conference on August 21 – 22, 2024.

3 months ago - GlobeNewsWire

SunCar Expands Partnership with China Continent Insurance

NEW YORK , Aug. 1, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar"; NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announc...

4 months ago - PRNewsWire

SunCar Technology and Lotus Technology Forge Strategic Partnership to Enhance Insurance Services and Expand Sales Network

NEW YORK , July 23, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is p...

Other symbols: LOT
4 months ago - PRNewsWire

SunCar Technology Announces Two-Year Service Agreement with China Merchants Bank

NEW YORK, July 18, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pl...

4 months ago - PRNewsWire

SunCar Technology Wins Bid for China Construction Bank's Yunnan Branch Long Card Car Wash Service

SunCar to Leverage its Extensive Car Wash Service Network in the Region NEW YORK , July 9, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or "the Company, NASDAQ: SDA), an innovative lead...

4 months ago - PRNewsWire

SunCar Technology Group: Strong Partnerships, Good Business Model

SunCar has built an innovative cloud service and mobile app that digitalize the automotive aftermarket and eInsurance sectors in China. SunCar's cloud platform is critical to China's EV manufacturers ...

5 months ago - Seeking Alpha

SunCar Technology Group Partners with Ping An Property & Casualty to Elevate Airport Pickup Services

NEW YORK , June 17, 2024 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announc...

5 months ago - PRNewsWire

SunCar Technology Group Expands Intelligent Insurance Services through Enhanced Partnership with Geely Group's Zeekr

NEW YORK , May 15, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce an exten...

Other symbols: ZK
6 months ago - PRNewsWire

SunCar Technology Group Inc. Broadens Intelligent Insurance Services through Enhanced Partnership with Xiaomi Group's Insurance Affiliate

NEW YORK , May 13, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, ann...

6 months ago - PRNewsWire

SunCar Technology Group, Inc. (SDA) Q4 2023 Earnings Call Transcript

SunCar Technology Group, Inc. (NASDAQ:SDA) Q4 2023 Earnings Conference Call April 30, 2024 5:00 PM ET Company Participants Jennifer Jiang - Director of Investor Relations Zaichang Ye - Chairman and C...

7 months ago - Seeking Alpha

SunCar Technology Reports 29% Revenue Growth, Including 79% Increase in Auto e-Insurance Business in FY 2023

Adjusted EBITDA increased by $7.2 million to $1.6 million in 2023 Conference Call and Webcast on April 30 th at 5 PM ET NEW YORK, April 29, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Comp...

7 months ago - PRNewsWire

SunCar Technology Group Inc. Schedules Fiscal Year 2023 Earnings Conference Call on Tuesday, April 30th at 5 p.m. ET

NEW YORK , April 24, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, w...

7 months ago - PRNewsWire

SunCar Technology Group Inc. Elevates Luxury Travel with Exclusive Airport Concierge Service in Partnership with Ant Fortune

NEW YORK , April 18, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized auto services and auto e-insurance in China, annou...

7 months ago - PRNewsWire

SunCar Technology Group Inc. Partners with China CITIC Bank International to Elevate Private Banking Travel Experience

NEW YORK , April 2, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive services and auto e-insurance in China, ...

8 months ago - PRNewsWire

SunCar Technology Group Inc. Highlights Growth and Market Leadership at the Citizens JMP Technology Conference

NEW YORK , March 7, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized auto services and auto e-insurance in China , recen...

9 months ago - PRNewsWire

SunCar Technology Group Inc. to Present at the Citizens JMP Technology Conference

NEW YORK , March 4, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto ins...

9 months ago - PRNewsWire

SunCar Technology Group Inc. Announces Business Cooperation with Li Auto for Advanced System Software Development

NEW YORK , Feb. 21, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in digitalized automotive after-sales services and online auto ins...

9 months ago - PRNewsWire