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
SunCar Technology Group Inc. (SDA) - Total Assets
Latest total assets as of September 2025: $273.98 Million USD
Based on the latest financial reports, SunCar Technology Group Inc. (SDA) holds total assets worth $273.98 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
SunCar Technology Group Inc. - Total Assets Trend (2019–2024)
This chart illustrates how SunCar Technology Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SunCar Technology Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
SunCar Technology Group Inc.'s total assets of $273.98 Million consist of 79.6% current assets and 20.5% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.9% |
| Accounts Receivable | $78.78 Million | 31.9% |
| Inventory | $1.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $11.46 Million | 4.6% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how SunCar Technology Group Inc.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: SunCar Technology Group Inc.'s current assets represent 79.6% of total assets in 2024, a decrease from 100.0% in 2019.
- Cash Position: Cash and equivalents constituted 10.9% of total assets in 2024, down from 100.0% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 31.9% of total assets.
SunCar Technology Group Inc. Competitors by Total Assets
Key competitors of SunCar Technology Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Prestige Cars International Inc
PINK:PREC
|
USA | $788.54K |
|
Fujian Zhangzhou Development Co Ltd
SHE:000753
|
China | CN¥12.42 Billion |
|
Deutsch Motors Inc
KQ:067990
|
Korea | ₩1.68 Trillion |
|
CarGurus Inc
F:0C6
|
Germany | €660.47 Million |
|
China Yongda Automobiles Services Holdings Ltd
F:1CY
|
Germany | €25.97 Billion |
|
Hotai Motor Co Ltd
TW:2207
|
Taiwan | NT$512.01 Billion |
|
Pan German Universal Motors Ltd.
TW:2247
|
Taiwan | NT$21.81 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
China | CN¥3.44 Billion |
SunCar Technology Group Inc. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - SunCar Technology Group Inc. generates 1.79x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - SunCar Technology Group Inc. is currently not profitable relative to its asset base.
SunCar Technology Group Inc. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.28 | 1.29 | 2.90 |
| Quick Ratio | 1.28 | 1.29 | 2.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $47.63 Million | $ 43.98 Million | $ 23.79K |
SunCar Technology Group Inc. - Advanced Valuation Insights
This section examines the relationship between SunCar Technology Group Inc.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 7.07 |
| Latest Market Cap to Assets Ratio | 0.24 |
| Asset Growth Rate (YoY) | 10.5% |
| Total Assets | $246.73 Million |
| Market Capitalization | $60.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values SunCar Technology Group Inc.'s assets below their book value (0.24 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: SunCar Technology Group Inc.'s assets grew by 10.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for SunCar Technology Group Inc. (2019–2024)
The table below shows the annual total assets of SunCar Technology Group Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $246.73 Million | +10.52% |
| 2023-12-31 | $223.24 Million | +16.29% |
| 2022-12-31 | $191.97 Million | +226.11% |
| 2021-12-31 | $58.87 Million | +0.82% |
| 2020-12-31 | $58.39 Million | +76406.85% |
| 2019-12-31 | $76.32K | -- |