SunCar Technology Reports Growth in Assets
Company Announcements

SunCar Technology Reports Growth in Assets

SunCar Technology Group (SDA) has released an update.

SunCar Technology Group Inc. has reported an increase in total assets from $223.2 million at the end of December 2023 to $243.9 million by June 2024, according to their unaudited condensed consolidated financial statements. However, this period also saw an increase in total liabilities from $155.2 million to $174.5 million. Shareholders’ equity saw a slight increase, indicating the company’s growth in net worth.

For further insights into SDA stock, check out TipRanks’ Stock Analysis page.

Related Articles
TheFlySunCar Technology partners with SAIC Maxus for auto E-insurance solutions
TheFlySunCar Technology expands partnership with China Continent Insurance
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App