SunCar Technology Group Inc. (SDA) - Net Assets
Based on the latest financial reports, SunCar Technology Group Inc. (SDA) has net assets worth $88.77 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($273.98 Million) and total liabilities ($185.21 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of SunCar Technology Group Inc. to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $88.77 Million |
| % of Total Assets | 32.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | 19.24% |
| 10-Year Change | N/A |
| Growth Volatility | 44.02 |
SunCar Technology Group Inc. - Net Assets Trend (2019–2024)
This chart illustrates how SunCar Technology Group Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore SDA total asset value for the complete picture of this company's asset base.
Annual Net Assets for SunCar Technology Group Inc. (2019–2024)
The table below shows the annual net assets of SunCar Technology Group Inc. from 2019 to 2024. For live valuation and market cap data, see SunCar Technology Group Inc. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $66.23 Million | -2.58% |
| 2023-12-31 | $67.99 Million | +84.88% |
| 2022-12-31 | $36.78 Million | -33.55% |
| 2021-12-31 | $55.35 Million | -0.36% |
| 2020-12-31 | $55.55 Million | +577219.47% |
| 2019-12-31 | $-9.62K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SunCar Technology Group Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 19535237500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00K | 0.04% |
| Other Comprehensive Income | $-1.43 Million | -12.04% |
| Other Components | $208.71 Million | 1755.01% |
| Total Equity | $11.89 Million | 100.00% |
SunCar Technology Group Inc. Competitors by Market Cap
The table below lists competitors of SunCar Technology Group Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ribbon Acquisition Corp Unit
NASDAQ:RIBBU
|
$67.81 Million |
|
NEW ZEALAND RURAL
F:8UK
|
$67.81 Million |
|
Enertork Ltd
KQ:019990
|
$67.82 Million |
|
Export Packing
KO:002200
|
$67.83 Million |
|
Senheng New Retail Bhd
KLSE:5305
|
$67.79 Million |
|
Koryo Electronics Co Ltd
TWO:8032
|
$67.74 Million |
|
577 Investment Corp
VN:NBB
|
$67.74 Million |
|
Osmanli Menkul Degerler AS
IS:OSMEN
|
$67.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SunCar Technology Group Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,078,000 to 11,892,000, a change of -4,186,000 (-26.0%).
- Net loss of 68,663,000 reduced equity.
- Other comprehensive income decreased equity by 65,000.
- Other factors increased equity by 64,542,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-68.66 Million | -577.39% |
| Other Comprehensive Income | $-65.00K | -0.55% |
| Other Changes | $64.54 Million | +542.73% |
| Total Change | $- | -26.04% |
Book Value vs Market Value Analysis
This analysis compares SunCar Technology Group Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 9.85x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.00 | $1.22 | x |
| 2020-12-31 | $0.25 | $1.22 | x |
| 2021-12-31 | $0.68 | $1.22 | x |
| 2022-12-31 | $-0.06 | $1.22 | x |
| 2023-12-31 | $0.19 | $1.22 | x |
| 2024-12-31 | $0.12 | $1.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SunCar Technology Group Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -577.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.54%
- • Asset Turnover: 1.79x
- • Equity Multiplier: 20.75x
- Recent ROE (-577.39%) is below the historical average (-135.17%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | $-33.66K |
| 2020 | -23.39% | -5.44% | 4.09x | 1.05x | $-18.55 Million |
| 2021 | -42.86% | -9.52% | 4.23x | 1.06x | $-29.26 Million |
| 2022 | 0.00% | -2.36% | 1.47x | 0.00x | $-6.14 Million |
| 2023 | -167.38% | -7.40% | 1.63x | 13.88x | $-28.52 Million |
| 2024 | -577.39% | -15.54% | 1.79x | 20.75x | $-69.85 Million |
Industry Comparison
This section compares SunCar Technology Group Inc.'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $670,581,800
- Average return on equity (ROE) among peers: -4.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SunCar Technology Group Inc. (SDA) | $88.77 Million | 0.00% | 2.09x | $67.80 Million |
| Asbury Automotive Group Inc (ABG) | $426.95 Million | 8.92% | 2.76x | $3.95 Billion |
| ACV Auctions Inc. (ACVA) | $485.72 Million | -21.04% | 0.88x | $1.29 Billion |
| ACV Auctions Inc. (ACVA) | $556.10 Million | -14.06% | 0.77x | $909.06 Million |
| AutoNation Inc (AN) | $3.72 Billion | 8.52% | 1.31x | $6.72 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-28.41 Million | 0.00% | 0.00x | $5.66 Million |
| Boyd Group Services Inc. (BGSI) | $828.33 Million | 10.46% | 1.88x | $3.34 Billion |
| CarGurus (CARG) | $541.69 Million | 3.87% | 0.52x | $3.00 Billion |
| Americas Car-Mart Inc (CRMT) | $123.73 Million | 3.42% | 0.40x | $105.43 Million |
| Carvana Co (CVNA) | $20.50 Million | -74.34% | 0.96x | $44.74 Billion |
| Camping World Holdings Inc (CWH) | $32.92 Million | 31.59% | 84.27x | $487.48 Million |
About SunCar Technology Group Inc.
SunCar Technology Group Inc., through its subsidiaries, provides cloud and mobile app-based auto eInsurance, technology, and auto services in the People's Republic of China. It offers one-stop, fully digitalized, and on-demand auto service systems. The company also provides customized service solutions to banks, insurance companies, telecommunication companies, and others. In addition, it offers … Read more