Smart Share Global Limited(EM)Earnings, Financials & Key Ratios
EM•NASDAQ
$1.20
$153M mkt cap·Price updated May 6, 2026
AboutSmart Share Global Limited, a consumer tech company, provides mobile device charging services in the People's Republic of China. The company provides mobile device charging services through online and offline networks; and rents and sells power banks. It offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. As of December 31, 2021, the company had 5.7 million power banks in 845,000 POIs in 1,700 counties and county-level districts. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the People's Republic of China.Show more
- Revenue$1.89B-36.0%
- EBITDA$87M-68.4%
- Net Income-$14M-115.4%
- EPS (Diluted)-0.11-116.2%
- Gross Margin42.42%-28.2%
- EBITDA Margin4.58%-50.6%
- Operating Margin-3.76%-10335.3%
- Net Margin-0.71%-124.1%
- ROE-0.5%-115.4%
- ROIC-2.65%-6470.5%
- Debt/Equity0.00-55.1%
EM Key Insights
Smart Share Global Limited (EM) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Company is almost debt free
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 5.3%
- ✓Trading at only 0.4x book value
✗Weaknesses
- ✗Weak Piotroski F-Score: 3/9
- ✗Negative free cash flow
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
EM Price & Volume
Smart Share Global Limited (EM) stock price & volume — 10-year historical chart
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EM Growth Metrics
Smart Share Global Limited (EM) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-1.3%
3 Years-19.16%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years1.08%
5 Years-3.49%
3 Years-7.47%
Last Year-2.45%
EM Recent Earnings
Smart Share Global Limited (EM) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 3/12 qtrs (50%)●Beat Revenue 6/12 qtrs (75%)
Q4 2025Latest
Nov 2, 2025EPS
$0.01
Revenue
—
Q2 2025
Apr 28, 2025EPS
$0.01
Revenue
$74M
Est $54M
+39.0%
Q2 2025
Mar 6, 2025EPS
$0.02
Revenue
$70M
Est $63M
+11.0%
Q4 2024
Dec 30, 2024EPS
$0.02
Revenue
$70M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q4 2025Latest | Nov 2, 2025 | $0.01 | — |
| Q2 2025 | Apr 28, 2025 | $0.01 | $74Mvs $54M+39.0% |
| Q2 2025 | Mar 6, 2025 | $0.02 | $70Mvs $63M+11.0% |
| Q4 2024 | Dec 30, 2024 | $0.02 | $70M |
Based on last 12 quarters of dataView full earnings history →
EM Peer Comparison
Smart Share Global Limited (EM) competitors in Specialty Consumer Services — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 BTBT | 621.7M | 1.93 | 9.65 | 264.59% | 21.41% | 0.03 | ||
 NXRT | 757.54M | 29.85 | -23.69 | -3.24% | -12.67% | -10.13% | 5.18 | |
 PSHG | 74.09M | 1.89 | 1.77 | -19.73% | 65.4% | 16.48% | 0.17 | |
 BEEM | 35.09M | 1.88 | -2.44 | -26.75% | -105.89% | -110.47% | 0.05 | |
 BLNK | 98.22M | 0.86 | -0.44 | -11.16% | -118.72% | -131.92% | 0.09 | |
 EVGO | 606.78M | 1.94 | -6.24 | 49.55% | -12.14% | -13.29% | 0.28 | |
 CHPT | 137.85M | 6.36 | -0.68 | -1.4% | -53.55% | -353.75% | 12.75 | |
 AAPL | 4.22T | 287.46 | 38.53 | 6.43% | 27.15% | 146.69% | 1.52 |
Compare EM vs Peers
Smart Share Global Limited (EM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
EM Income Statement
Smart Share Global Limited (EM) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Sales/Revenue | 2.02B | 2.81B | 3.59B | 2.84B | 2.96B | 1.89B | 3.07B |
| Revenue Growth % | - | 38.92% | 27.62% | -20.84% | 4.24% | -35.97% | - |
| Cost of Goods Sold | 292.49M | 430.77M | 557.18M | 556.92M | 1.21B | 1.09B | 1.15B |
| COGS % of Revenue | 14.46% | 15.33% | 15.54% | 19.62% | 40.88% | 57.58% | - |
| Gross Profit | 1.73B▲ 0% | 2.38B▲ 37.5% | 3.03B▲ 27.3% | 2.28B▼ 24.7% | 1.75B▼ 23.3% | 803.63M▼ 54.1% | 1.92B▲ 0% |
| Gross Margin % | 85.54% | 84.67% | 84.46% | 80.38% | 59.12% | 42.42% | 62.44% |
| Gross Profit Growth % | - | 37.51% | 27.31% | -24.67% | -23.32% | -54.06% | - |
| Operating Expenses | 1.5B | 2.25B | 3.14B | 2.9B | 1.75B | 874.8M | 2.12B |
| OpEx % of Revenue | 74.06% | 79.97% | 87.5% | 102.27% | 59.16% | 46.18% | - |
| Selling, General & Admin | 1.44B | 2.2B | 3.07B | 2.82B | 1.63B | 774.06M | 2.01B |
| SG&A % of Revenue | 71.43% | 78.33% | 85.62% | 99.53% | 55.19% | 40.86% | - |
| Research & Development | 65.47M | 70.94M | 93.88M | 90.66M | 91.46M | 82.88M | 79.46M |
| R&D % of Revenue | 3.24% | 2.53% | 2.62% | 3.19% | 3.09% | 4.38% | - |
| Other Operating Expenses | -12.35M | -24.79M | -26.61M | -12.88M | 25.83M | 17.86M | 2M |
| Operating Income | 232.06M▲ 0% | 131.83M▼ 43.2% | -109M▼ 182.7% | -621.25M▼ 470.0% | -1.06M▲ 99.8% | -71.17M▼ 6582.4% | -202.73M▲ 0% |
| Operating Margin % | 11.47% | 4.69% | -3.04% | -21.89% | -0.04% | -3.76% | -6.61% |
| Operating Income Growth % | - | -43.19% | -182.68% | -469.95% | 99.83% | -6582.44% | - |
| EBITDA | 426.22M | 475.21M | 287.91M | -172.18M | 274.24M | 86.7M | -106.04M |
| EBITDA Margin % | 21.08% | 16.92% | 8.03% | -6.07% | 9.27% | 4.58% | -3.46% |
| EBITDA Growth % | - | 11.5% | -39.42% | -159.81% | 259.27% | -68.38% | - |
| D&A (Non-Cash Add-back) | 194.16M | 343.38M | 396.91M | 449.06M | 275.3M | 157.87M | 0 |
| EBIT | 239.4M | 134.62M | -86.56M | -565.48M | 112.99M | 38.21M | -106.04M |
| Net Interest Income | -16.78M | -30.36M | -7.49M | 21.11M | 113.02M | 112.98M | 88.81M |
| Interest Income | 10.18M | 10.27M | 30.56M | 52.39M | 117.25M | 112.98M | 97.66M |
| Interest Expense | 26.96M | 40.63M | 38.05M | 31.28M | 4.23M | 0 | 8.85M |
| Other Income/Expense | -19.63M | -37.84M | -15.62M | 24.48M | 109.83M | 109.38M | 87.84M |
| Pretax Income | 212.44M▲ 0% | 93.99M▼ 55.8% | -124.61M▼ 232.6% | -596.76M▼ 378.9% | 108.76M▲ 118.2% | 38.21M▼ 64.9% | -114.89M▲ 0% |
| Pretax Margin % | 10.5% | 3.35% | -3.48% | -21.03% | 3.68% | 2.02% | -3.75% |
| Income Tax | 45.83M | 18.56M | 0 | 114.48M | 21.02M | 51.74M | 135.32M |
| Effective Tax Rate % | 21.57% | 19.75% | 0% | -19.18% | 19.33% | 135.42% | -117.79% |
| Net Income | 166.61M▲ 0% | 75.43M▼ 54.7% | -124.61M▼ 265.2% | -711.24M▼ 470.7% | 87.74M▲ 112.3% | -13.53M▼ 115.4% | -250.21M▲ 0% |
| Net Margin % | 8.24% | 2.68% | -3.48% | -25.06% | 2.97% | -0.71% | -8.16% |
| Net Income Growth % | - | -54.73% | -265.21% | -470.75% | 112.34% | -115.42% | - |
| Net Income (Continuing) | 166.61M | 75.43M | -124.61M | -711.24M | 87.74M | -13.53M | -250.21M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -2.12▲ 0% | -23.74▼ 1019.8% | -48.16▼ 102.9% | -5.58▲ 88.4% | 0.68▲ 112.2% | -0.11▼ 116.2% | -1.92▲ 0% |
| EPS Growth % | - | -1019.81% | -102.86% | 88.41% | 112.19% | -116.18% | - |
| EPS (Basic) | -2.12 | -23.74 | -48.16 | -5.58 | 0.68 | -0.11 | - |
| Diluted Shares Outstanding | 124.72M | 124.72M | 101.64M | 129.58M | 129.95M | 127.84M | 130.02M |
| Basic Shares Outstanding | 124.72M | 124.72M | 101.64M | 129.58M | 129.95M | 127.84M | 130.02M |
| Dividend Payout Ratio | - | - | - | - | - | - | - |
EM Balance Sheet
Smart Share Global Limited (EM) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Total Current Assets | 898.82M | 1.75B | 3.25B | 3.3B | 4.02B | 3.95B | 3.99B |
| Cash & Short-Term Investments | 594.07M | 1.42B | 2.72B | 3.04B | 3.13B | 2.92B | 3.21B |
| Cash Only | 273.61M | 1.25B | 1.3B | 948.77M | 588.64M | 787.38M | 828.5M |
| Short-Term Investments | 320.46M | 170.55M | 1.42B | 2.09B | 2.54B | 2.13B | 2.38B |
| Accounts Receivable | 49.5M | 80.86M | 98.03M | 26.93M | 277.45M | 563.43M | 243.77M |
| Days Sales Outstanding | 8.93 | 10.5 | 9.98 | 3.46 | 34.23 | 108.56 | 15.79 |
| Inventory | 0 | 0 | 4.37M | 1.05M | 106.53M | 118.29M | 99.87M |
| Days Inventory Outstanding | - | - | 2.86 | 0.69 | 32.15 | 39.58 | 18.31 |
| Other Current Assets | 108.9M | 53.44M | 29.8M | 18.21M | 179.63M | 98M | 435.46M |
| Total Non-Current Assets | 1.13B | 1.04B | 1.15B | 986.86M | 401.79M | 178.38M | 419.47M |
| Property, Plant & Equipment | 995.43M | 968.65M | 965.15M | 913.94M | 343.13M | 150.66M | 355.77M |
| Fixed Asset Turnover | 2.03x | 2.90x | 3.71x | 3.11x | 8.62x | 12.57x | 4.93x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 131.27M | 71.17M | 185.1M | 41.93M | 36.5M | 25.33M | 172.65M |
| Total Assets | 2.03B▲ 0% | 2.79B▲ 37.5% | 4.4B▲ 57.9% | 4.29B▼ 2.5% | 4.42B▲ 3.1% | 4.13B▼ 6.6% | 4.41B▲ 0% |
| Asset Turnover | 1.00x | 1.01x | 0.82x | 0.66x | 0.67x | 0.46x | 0.70x |
| Asset Growth % | - | 37.53% | 57.88% | -2.51% | 3.09% | -6.62% | -0.73% |
| Total Current Liabilities | 1.06B | 854.83M | 1.03B | 1.42B | 1.49B | 1.24B | 1.44B |
| Accounts Payable | 185.5M | 305.86M | 392.72M | 778.83M | 439.72M | 307.78M | 794.81M |
| Days Payables Outstanding | 231.48 | 259.16 | 257.27 | 510.44 | 132.7 | 102.99 | 251.11 |
| Short-Term Debt | 191M | 24.5M | 0 | 76.27M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 235.19M | 198.64M | 211.94M | 229.36M | 297.49M | 285.63M | 229.36M |
| Other Current Liabilities | 11.87M | 15.9M | 26.57M | 2.59M | 7.4M | 59.85M | 0 |
| Current Ratio | 0.85x | 2.04x | 3.16x | 2.32x | 2.70x | 3.17x | 3.17x |
| Quick Ratio | 0.85x | 2.04x | 3.15x | 2.32x | 2.63x | 3.08x | 3.08x |
| Cash Conversion Cycle | - | - | -244.42 | -506.29 | -66.32 | 45.15 | -217 |
| Total Non-Current Liabilities | 119.25M | 232.19M | 137.59M | 223.46M | 204.23M | 226.85M | 198.1M |
| Long-Term Debt | 102.02M | 197.3M | 85.66M | 32.28M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 854K | 7.64M | 5.29M | 17.38M |
| Deferred Tax Liabilities | 16.23M | 33.89M | 34.45M | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 1M | 1M | 17.49M | 190.32M | 196.59M | 221.57M | 757.22M |
| Total Liabilities | 1.18B | 1.09B | 1.17B | 1.65B | 1.69B | 1.47B | 1.64B |
| Total Debt | 293.02M | 221.8M | 85.66M | 119.17M | 15.04M | 6.58M | 16.46M |
| Net Debt | 19.41M | -1.03B | -1.21B | -829.61M | -573.6M | -780.8M | -812.04M |
| Debt / Equity | 0.34x | 0.13x | 0.03x | 0.05x | 0.01x | 0.00x | 0.00x |
| Debt / EBITDA | 0.69x | 0.47x | 0.30x | - | 0.05x | 0.08x | -0.16x |
| Net Debt / EBITDA | 0.05x | -2.17x | -4.21x | - | -2.09x | -9.01x | -9.01x |
| Interest Coverage | 8.61x | 3.24x | -2.86x | -19.86x | -0.25x | - | -11.98x |
| Total Equity | 850.01M▲ 0% | 1.7B▲ 99.8% | 3.23B▲ 90.3% | 2.64B▼ 18.3% | 2.73B▲ 3.3% | 2.66B▼ 2.7% | 2.77B▲ 0% |
| Equity Growth % | - | 99.84% | 90.27% | -18.28% | 3.34% | -2.67% | -7.79% |
| Book Value per Share | 6.82 | 13.62 | 31.80 | 20.38 | 21.00 | 20.78 | 21.29 |
| Total Shareholders' Equity | 850.01M | 1.7B | 3.23B | 2.64B | 2.73B | 2.66B | 2.77B |
| Common Stock | 83K | 83K | 347K | 347K | 347K | 347K | 347K |
| Retained Earnings | -551.94M | -3.66B | -8.61B | -9.32B | -9.26B | -9.27B | -9.23B |
| Treasury Stock | 0 | 0 | -27.78M | -6.82M | -5.55M | -45.81M | -5.13M |
| Accumulated OCI | -19.22M | 218.42M | 68.15M | 180.52M | 199.42M | 219.66M | 218.61M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
EM Cash Flow Statement
Smart Share Global Limited (EM) cash flow — operating, investing & free cash flow history
| Line item | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|
| Cash from Operations | 444.04M | 536.12M | 226.78M | 708.14M | 416.5M | -205.67M | -205.67M |
| Operating CF Margin % | 21.96% | 19.08% | 6.33% | 24.95% | 14.08% | -10.86% | - |
| Operating CF Growth % | - | 20.74% | -57.7% | 212.26% | -41.18% | -149.38% | 0% |
| Net Income | 166.61M | 75.43M | -124.61M | -711.24M | 87.74M | -13.53M | -250.21M |
| Depreciation & Amortization | 194.16M | 343.38M | 396.91M | 449.06M | 275.3M | 157.87M | 0 |
| Stock-Based Compensation | 39.09M | 29.75M | 30.67M | 28.25M | 20.34M | 19.78M | 0 |
| Deferred Taxes | 16.23M | 17.66M | 554K | -65.43M | 12.18M | 19.78M | 0 |
| Other Non-Cash Items | 92.32M | 247.14M | 638.57M | 591.73M | 184.08M | 196.52M | 35.18M |
| Working Capital Changes | -64.36M | -177.25M | -715.31M | 415.77M | -163.15M | -586.09M | 0 |
| Change in Receivables | -20.13M | 178K | -4.97M | 586K | -260.11M | -317.75M | 0 |
| Change in Inventory | 0 | 0 | -4.37M | -5.95M | 306.84M | -8.37M | 0 |
| Change in Payables | 117.37M | 117.96M | -45.38M | 149.26M | -23.26M | -227.28M | 0 |
| Cash from Investing | -868.3M | -261.49M | -1.71B | -1.02B | -598.53M | 419.58M | 0 |
| Capital Expenditures | -580.21M | -416.92M | -472.39M | -442.88M | -182.01M | -9.41M | 0 |
| CapEx % of Revenue | 28.69% | 14.84% | 13.18% | 15.6% | 6.15% | 0.5% | - |
| Acquisitions | 288.09M | -155.43M | 283.13M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - |
| Other Investing | -288.09M | 155.43M | -283.13M | 3.71M | 7.31M | 9.77M | 0 |
| Cash from Financing | 579.67M | 654.57M | 1.56B | -78.45M | -27.96M | -99.2M | 0 |
| Debt Issued (Net) | 133.48M | -175.1M | -24.5M | 0 | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 1000K | 1000K | -1000K | -1000K | -1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | -54.87M | 0 |
| Share Repurchases | -42.07M | 0 | -5.93M | -19.74M | -13.7M | -44.35M | 0 |
| Other Financing | 86.01M | 87.18M | -91.62M | -58.72M | -14.25M | 20K | 0 |
| Net Change in Cash | 151.04M▲ 0% | 922.97M▲ 511.1% | 33.09M▼ 96.4% | -352.21M▼ 1164.3% | -202.49M▲ 42.5% | 117.82M▲ 158.2% | 40.01M▲ 0% |
| Free Cash Flow | -136.17M▲ 0% | 119.2M▲ 187.5% | -245.61M▼ 306.1% | 265.26M▲ 208.0% | 234.49M▼ 11.6% | -215.08M▼ 191.7% | 0▲ 0% |
| FCF Margin % | -6.73% | 4.24% | -6.85% | 9.35% | 7.93% | -11.35% | - |
| FCF Growth % | - | 187.54% | -306.05% | 208% | -11.6% | -191.72% | - |
| FCF per Share | -1.09 | 0.96 | -2.42 | 2.05 | 1.80 | -1.68 | -1.68 |
| FCF Conversion (FCF/Net Income) | 2.67x | 7.11x | -1.82x | -1.00x | 4.75x | 15.20x | -0.00x |
| Interest Paid | 14.77M | 25.27M | 20.65M | 0 | 1.33M | 0 | 0 |
| Taxes Paid | 29.26M | 5.73M | 5.38M | 0 | 458K | 33K | 0 |
EM Key Ratios
Smart Share Global Limited (EM) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 5.92% | -5.05% | -24.22% | 3.27% | -0.5% | -9.04% |
| Return on Invested Capital (ROIC) | 12.86% | -6.08% | -24.32% | -0.04% | -2.65% | -2.65% |
| Gross Margin | 84.67% | 84.46% | 80.38% | 59.12% | 42.42% | 62.44% |
| Net Margin | 2.68% | -3.48% | -25.06% | 2.97% | -0.71% | -8.16% |
| Debt / Equity | 0.13x | 0.03x | 0.05x | 0.01x | 0.00x | 0.00x |
| Interest Coverage | 3.24x | -2.86x | -19.86x | -0.25x | - | -11.98x |
| FCF Conversion | 7.11x | -1.82x | -1.00x | 4.75x | 15.20x | -0.00x |
| Revenue Growth | 38.92% | 27.62% | -20.84% | 4.24% | -35.97% | - |
EM Frequently Asked Questions
Smart Share Global Limited (EM) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Smart Share Global Limited (EM) reported $3.07B in revenue for fiscal year 2024. This represents a 52% increase from $2.02B in 2019.
Smart Share Global Limited (EM) saw revenue decline by 36.0% over the past year.
Smart Share Global Limited (EM) reported a net loss of $250.2M for fiscal year 2024.
Dividend & Returns
Yes, Smart Share Global Limited (EM) pays a dividend with a yield of 5.27%. This makes it attractive for income-focused investors.
Smart Share Global Limited (EM) has a return on equity (ROE) of -0.5%. Negative ROE indicates the company is unprofitable.
Smart Share Global Limited (EM) had negative free cash flow of $215.1M in fiscal year 2024, likely due to heavy capital investments.
Explore More EM
Smart Share Global Limited (EM) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
DCA Calculator
Dollar cost averaging vs lump sum
Dividend History
Yield, growth, payout safety & DRIP
Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates