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SunCar Technology Group (SunCar Technology Group) Operating Margin %

: 0.71% (As of Jun. 2023)
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Operating Margin % is calculated as Operating Income divided by its Revenue. SunCar Technology Group's Operating Income for the six months ended in Jun. 2023 was $1.1 Mil. SunCar Technology Group's Revenue for the six months ended in Jun. 2023 was $159.4 Mil. Therefore, SunCar Technology Group's Operating Margin % for the quarter that ended in Jun. 2023 was 0.71%.

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

SDA' s Operating Margin % Range Over the Past 10 Years
Min: -5.5   Med: 3.28   Max: 4.16
Current: -5.5


SDA's Operating Margin % is ranked worse than
86.85% of 1285 companies
in the Vehicles & Parts industry
Industry Median: 5.05 vs SDA: -5.50

SunCar Technology Group's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

SunCar Technology Group's Operating Income for the six months ended in Jun. 2023 was $1.1 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2023 was $-17.4 Mil.


SunCar Technology Group Operating Margin % Historical Data

The historical data trend for SunCar Technology Group's Operating 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.

* Premium members only.

SunCar Technology Group Annual Data
Trend Dec20 Dec21 Dec22
Operating Margin %
3.28 4.16 -4.45

SunCar Technology Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Operating Margin % Premium Member Only 4.88 3.55 4.80 -11.77 0.71

Competitive Comparison

For the Auto & Truck Dealerships subindustry, SunCar Technology Group's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution

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

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



SunCar Technology Group Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

SunCar Technology Group's Operating Margin % for the fiscal year that ended in Dec. 2022 is calculated as

Operating Margin %=Operating Income (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=-12.577 / 282.413
=-4.45 %

SunCar Technology Group's Operating Margin % for the quarter that ended in Jun. 2023 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=1.128 / 159.378
=0.71 %

* 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.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


SunCar Technology Group Operating Margin % Related Terms

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SunCar Technology Group (SunCar Technology Group) Business Description

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
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.