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SunCar Technology Group

2.74 USD
+0.02
0.74%
At close Apr 30, 4:00 PM EDT
1 day
0.74%
5 days
-4.86%
1 month
-33.50%
3 months
-73.29%
6 months
-72.15%
Year to date
-69.59%
1 year
-65.36%
5 years
-72.04%
10 years
-72.04%
 

About: SunCar Technology Group Inc is a provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China. It operates an automotive after-sales services business through offering customized service solutions to enterprise clients, who are major banks, insurance companies, telecommunication companies, new energy vehicle, original equipment manufacturers or any client who have end customers demanding automotive services.

Employees: 543

0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

500% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 1

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

36% more funds holding

Funds holding: 14 [Q3] → 19 (+5) [Q4]

15% more capital invested

Capital invested by funds: $2.47M [Q3] → $2.84M (+$377K) [Q4]

0.13% more ownership

Funds ownership: 0.41% [Q3] → 0.55% (+0.13%) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for SDA.

Financial journalist opinion

Based on 3 articles about SDA published over the past 30 days

Neutral
Seeking Alpha
1 day ago
SunCar Technology Group Inc. (SDA) Q4 2024 Earnings Call Transcript
SunCar Technology Group Inc. (NASDAQ:SDA ) Q4 2024 Earnings Conference Call April 29, 2024 8:00 AM ET Company Participants Jennifer Jiang - IR Director Zaichang Ye - Chairman, CEO Breaux Walker - Chief Strategy Officer Operator Greetings, and welcome to SunCar Technologies Full Year 2024 Earnings Conference Call. At this time, all participants are in a listen only mode.
SunCar Technology Group Inc. (SDA) Q4 2024 Earnings Call Transcript
Neutral
PRNewsWire
2 days ago
SunCar Technology Reports 2024 Annual Results
NEW YORK , April 28, 2025 /PRNewswire/ -- SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, today reported annual financial results for the year ended December 31, 2024. Recent & Full Year 2024 Highlights Revenue for 2024 increased 21% to $441.9 million, compared to $363.7 million in 2023 Adjusted EBITDA for 2024 increased 492% to $9.8 million, compared to $1.6 million in 2023 Expanded collaboration with Tesla to 48 cities from an initial 6 at the start of the year Initiated an innovative partnership with Xiaomi to offer customized insurance products Secured a two-year agreement with SAIC Maxus, a leading commercial vehicle manufacturer, to enhance eInsurance management across its dealership network Increased our collaboration with auto dealers, initially with Chang'an Deepal.
SunCar Technology Reports 2024 Annual Results
Neutral
Business Wire
1 week ago
SunCar Technology Group Inc. Schedules Full-Year 2024 Earnings Conference Call
NEW YORK--(BUSINESS WIRE)--SunCar Technology Group Inc. (the "Company" or "SunCar") (NASDAQ: SDA), an innovative leader in cloud-based, software-focused B2B auto eInsurance and auto services in China, will release its financial results for the full year 2024 on Monday, April 28 after the market closes. SunCar will host a conference call the following day on Tuesday, April 29th at 8:00 AM ET (5:00 AM PT) with the investment community to discuss the Company's financial results and provide a busin.
SunCar Technology Group Inc. Schedules Full-Year 2024 Earnings Conference Call
Neutral
PRNewsWire
1 month ago
SunCar Technology Wins Bid to Provide Smart Car Wash Services for Agricultural Bank of China Sichuan Branch
NEW YORK , March 31, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has been awarded a contract to provide car wash and smart car wash concierge services for personal clients of the Sichuan Branch of Agricultural Bank of China (ABC). This milestone strengthens SunCar's strategic partnership with ABC and demonstrates their continued collaboration to enhance customer service through innovative, technology-driven solutions.
SunCar Technology Wins Bid to Provide Smart Car Wash Services for Agricultural Bank of China Sichuan Branch
Neutral
PRNewsWire
1 month ago
SunCar Technology Expands Strategic Partnership with Ping An Bank
NEW YORK , March 18, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced a significant expansion of its strategic partnership with Ping An Bank. The enhanced partnership builds upon their existing relationship, which began in 2017.
SunCar Technology Expands Strategic Partnership with Ping An Bank
Neutral
PRNewsWire
1 month ago
SunCar Wins Contract to Build Insurance Platform for Major EV Maker Leapmotor
NEW YORK , March 10, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured a contract to develop and operate the insurance management platform for Leapmotor (09863.HK), one of China's fastest-growing electric vehicle manufacturers. The system will be integrated into Leapmotor's mobile app ecosystem, handling insurance issuance, claims processing, and accident services.
SunCar Wins Contract to Build Insurance Platform for Major EV Maker Leapmotor
Neutral
PRNewsWire
1 month ago
SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China's Affluent Consumer Market
NEW YORK , March 3, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced its selection as the exclusive provider for the Visa Concierge Car Service Project , establishing a pivotal partnership with global payments leader Visa. This strategic alliance positions SunCar to deliver premium airport and high-speed rail transfer services to Industrial and Commercial Bank of China's (ICBC) high-net-worth cardholders nationwide, opening significant new revenue channels in China's lucrative premium services market.
SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China's Affluent Consumer Market
Neutral
PRNewsWire
2 months ago
SunCar Technology Addresses National Automotive Circulation Industry Forum, Showcasing Digital Solutions for Dealers
NEW YORK , Feb. 25, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, participated in the National Automotive Circulation Industry New Year Forum and Consumer Promotion Conference in Beijing. The Company, serving as a vice president unit of the National Automotive Circulation Industry Association, was represented by Vice President Gu Saiye, who delivered a keynote address highlighting SunCarOnline's technological solutions that help dealers enhance customer retention, renewal rates, and profitability.
SunCar Technology Addresses National Automotive Circulation Industry Forum, Showcasing Digital Solutions for Dealers
Neutral
PRNewsWire
2 months ago
SunCar Secures $1.93M Contract with China Construction Bank Hunan, Expanding National Banking Partnerships
NEW YORK , Feb. 20, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured an RMB 14 million (US$1.93 million) contract to operate China Construction Bank's (CCB) car wash program in Hunan province. The two-year agreement runs through December 2026 and builds on SunCar's existing CCB partnerships in Fujian and Yunnan provinces.
SunCar Secures $1.93M Contract with China Construction Bank Hunan, Expanding National Banking Partnerships
Neutral
PRNewsWire
2 months ago
SunCar Expands Partnership with China Pacific Insurance, Adding Two Major Provinces to Service Network
NEW YORK , Feb. 19, 2025 /PRNewswire/ -- SunCar Technology Group Inc. ("SunCar" or the "Company") (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced it has secured significant new contracts with China Pacific Insurance Company's (CPIC) Zhejiang and Jiangsu provincial branches. These agreements establish SunCar as the primary car wash and detailing service provider for CPIC's customers in these regions.
SunCar Expands Partnership with China Pacific Insurance, Adding Two Major Provinces to Service Network
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