SunCar Technology Group (SunCar Technology Group) Net Margin % : 0.00% (As of Dec. 2023)

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What is SunCar Technology Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. SunCar Technology Group's Net Income for the six months ended in Dec. 2023 was $0.0 Mil. SunCar Technology Group's Revenue for the six months ended in Dec. 2023 was $0.0 Mil. Therefore, SunCar Technology Group's net margin for the quarter that ended in Dec. 2023 was 0.00%.

The historical rank and industry rank for SunCar Technology Group's Net Margin % or its related term are showing as below:

SDA' s Net Margin % Range Over the Past 10 Years
Min: -9.52 Med: -5.75 Max: -2.36
Current: -6.61

SDA's Net Margin % is ranked worse than
85.23% of 1286 companies
in the Vehicles & Parts industry
Industry Median: 3.375 vs SDA: -6.61

SunCar Technology Group Net Margin % Historical Data

The historical data trend for SunCar Technology Group's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SunCar Technology Group Net Margin % Chart

SunCar Technology Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Net Margin %

-4.09

-9.52

-2.36

-7.40

SunCar Technology Group Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Net Margin %	Get a 7-Day Free Trial			-14.81	4.56	-11.16	-2.12	-

Competitive Comparison of SunCar Technology Group's Net Margin %

For the Auto & Truck Dealerships subindustry, SunCar Technology Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

SunCar Technology Group's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SunCar Technology Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where SunCar Technology Group's Net Margin % falls into.

SunCar Technology Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

SunCar Technology Group's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-26.912	/	363.746
	=	-7.40 %

SunCar Technology Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	0	/	0
	=	%

SunCar Technology Group (NAS:SDA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

SunCar Technology Group Net Margin % Related Terms

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SunCar Technology Group (SunCar Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » SunCar Technology Group Inc (NAS:SDA) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Shanghai Feiyou Trading Co., Ltd., Suite 209, No. 656 Lingshi Road, Jing’an District, Shanghai, CHN, 200072

Website

https://www.suncartech.com

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.