XML 27 R4.htm IDEA: XBRL DOCUMENT v3.23.3
Unaudited Condensed Consolidated Statements of Operations and Comprehensive Income (Loss)
¥ in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2023
USD ($)
$ / shares
shares
Jun. 30, 2022
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2022
CNY (¥)
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2021
CNY (¥)
shares
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2020
CNY (¥)
shares
Revenues                
Total revenues $ 159,378 $ 124,728 $ 282,413   $ 249,235   $ 238,925  
Operating costs and expenses                
Integrated service cost (87,854) (76,717) (166,793)   (156,852)   (131,932)  
Promotional service cost (49,563) (28,363) (65,500)   (55,222)   (79,515)  
Selling expenses (12,793) (6,802) (16,477)   (12,731)   (6,835)  
General and administrative expenses (4,020) (4,935) (37,742)   (10,420)   (7,780)  
Research and development expenses (4,020) (1,930) (8,478)   (3,651)   (5,029)  
Total operating costs and expenses (158,250) (118,747) (294,990)   (238,876)   (231,091)  
Operating profit 1,128 5,981 (12,577)   10,359   7,834  
Other expenses                
Financial expenses, net (1,915) (1,756) (3,659)   (3,045)   (2,100)  
Investment income 323 249 441   759   255  
Other income, net 2,450 3,139 5,121   2,457   2,385  
Total other income, net 858 1,632 1,903   171   540  
Profit before income tax 1,986 7,613 (10,674)   10,530   8,374  
Income tax expense (850) (890) (231)   (938)   (1,752)  
Income from continuing operations, net of tax 1,136 6,723 (10,905)   9,592   6,622  
Discontinued operations:                
Net loss from the operations of the discontinued operations, net of tax (1,031) (994)   (27,682)   (16,397)  
Net profit 1,136 5,692 (11,899) ¥ (11,899) (18,090) ¥ (18,090) (9,775) ¥ (9,775)
Foreign currency translation difference (2,614) (2,412) (2,410)   907   1,195  
Total other comprehensive loss (2,614) (2,412) (2,410)   907   1,195  
Total comprehensive income (loss) (1,478) 3,280 (14,309)   (17,183)   (8,580)  
Less: total comprehensive income attributable to non-controlling interest 2,068 800 (9,801)   6,839   4,791  
Total comprehensive (loss) income attributable to SUNCAR TECHNOLOGY GROUP INC’s shareholders (3,546) 2,480 (4,508)   (24,022)   (13,371)  
Net income from continuing operations 1,136 6,723 (10,905)   9,592   6,622  
Less: Net income attributable to non-controlling interests of continuing operations 4,515 3,568 (5,230)   5,650   3,219  
Net income (loss) from continuing operations attributable to SunCar Technology Group Inc’s ordinary shareholders (3,379) 3,155 (5,675)   3,942   3,403  
Less: Net loss attributable to non-controlling interests of discontinue operations (1)   (19)   (1)  
Net loss from discontinued operations attributable to SunCar Technology Group Inc’s ordinary shareholders (1,030) (994)   (27,663)   (16,396)  
Net income (loss) attributable to SunCar Technology Group Inc’s ordinary shareholders $ (3,379) $ 2,125 $ (6,669)   $ (23,721)   $ (12,993)  
Net income (loss) per ordinary share from continuing operations:                
Net income (loss) per ordinary share from continuing operations, Basic (in Dollars per share) | $ / shares $ (0.04) $ 0.04 $ (0.03)   $ 0.01   $ 0.01  
Net income (loss) per ordinary share from continuing operations, Diluted (in Dollars per share) | $ / shares (0.04) 0.04 (0.03)   0.01   0.01  
Net loss per ordinary share from discontinued operations:                
Net loss per ordinary share from discontinued operations, Basic (in Dollars per share) | $ / shares 0 (0.01) 0   (0.12)   (0.07)  
Net income (loss) attributable to SunCar Technology Group Inc’s ordinary shareholders per ordinary share                
Net income (loss) attributable to SunCar Technology Group Inc’s ordinary shareholders per ordinary share, Basic (in Dollars per share) (in Dollars per share) | $ / shares $ (0.04) $ 0.03 $ (0.03)   $ (0.11)   $ (0.06)  
Weighted average shares outstanding used in calculating basic and diluted income (loss) per share                
Weighted average shares outstanding used in calculating, Basic and diluted (in Shares) | shares 81,374,609 80,000,000 225,000,000 225,000,000 225,000,000 225,000,000 225,000,000 225,000,000
Weighted average shares outstanding used in calculating basic and diluted income per share                
Weighted average shares outstanding used in calculating basic and diluted income per share, Basic (in Shares) | shares     418,668,614 418,668,614 418,668,614 418,668,614 418,668,614 418,668,614
Income from continuing operations before non-controlling interests $ 1,136 $ 6,723 $ (10,905)   $ 9,592   $ 6,622  
Automotive after-sales service                
Revenues                
Revenues 98,813 89,851 199,294   187,880   154,238  
Total revenues 98,813 89,851            
Insurance intermediation service                
Revenues                
Revenues 47,710 29,346 67,640   56,766   84,161  
Total revenues 47,710 29,346            
Technology service                
Revenues                
Revenues $ 12,855 $ 5,531 $ 15,479   $ 4,589   $ 526