Smart Share Global Limited
NASDAQ•EM
CEO: Mr. Mars Guangyuan Cai
Sector: Consumer Cyclical
Industry: Personal Products & Services
Listing Date: 2021-04-01
Smart 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 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. The company also offers advertising services, as well as sells merchandises through online platform or distributors. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the People's Republic of China.
Contact Information
799 Tianshan West Road, 6th Floor Changning District, Shanghai, 200335, China
86-21-6050-3535
Market Cap
$145.82M
P/E (TTM)
-43.5
17.7
Dividend Yield
--
52W High
$1.46
52W Low
$1.01
52W Range
Rank46Top 59.5%
3.5
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 3.5 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025
Financial Dashboard
Q4 2024 Data
Revenue
$75.58M+11.69%
4-Quarter Trend
EPS
-$0.03-1295.65%
4-Quarter Trend
FCF
$0.00+0.00%
4-Quarter Trend
2024 Annual Earnings Highlights
Key Highlights
Total Revenue Decline 2024 Total revenues RMB 1.89B, down 36.0% from RMB 2.96B in 2023, driven by direct model revenue decrease.
Profitability Reversal Swung to Net Loss RMB 13.5M in 2024 after achieving Net Income RMB 88.7M in 2023.
Strategic Model Shift Complete 100% of POIs operated under Network Partner Model by year-end 2024, completing strategic transition.
PV Business Revenue Surge PV business revenue reached RMB 479.9M in 2024, showing 841.0% growth year-over-year.
Risk Factors
Negative Operating Cash Flow Operating activities used RMB 205.7M cash in 2024, reversing RMB 416.5M generated in 2023.
Internal Control Weaknesses Material weaknesses identified in financial reporting controls as of December 31, 2024, requiring remediation efforts.
PRC Regulatory Uncertainty Continued uncertainty regarding VIE structure enforceability and potential adverse PRC government actions impacting operations.
ADS Delisting Risk ADSs face ongoing risk of delisting if minimum bid price requirements are not maintained on Nasdaq.
Outlook
Network Partner Optimization Plan to optimize operations and control costs following full transition to the network partner model framework.
Going Private Review Special committee actively evaluating non-binding going-private proposal received in January 2025; no decision made yet.
Internal Control Remediation Management actively implementing measures to remediate identified material weaknesses in financial reporting controls.
Expand PV Business Continue expanding renewable energy business initiatives, which generated RMB 479.9M revenue in 2024.
Peer Comparison
Revenue (TTM)
DBI$2.89B
PLCE$1.29B
$928.84M
Gross Margin (Latest Quarter)
MED69.5%
59.1%
57.6%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| DBI | $384.18M | -232.4 | -0.6% | 61.9% |
| FNKO | $198.17M | -2.9 | -33.9% | 44.7% |
| ESCA | $194.08M | 15.2 | 7.5% | 3.7% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
11.0%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
0%
Cash Flow Needs Attention
Research & Insights
Next earnings:Mar 4, 2026
EPS:-
|Revenue:-
Reports
All Years
Form 20-F - FY 2024
Period End: Dec 31, 2024|Filed: Apr 28, 2025|Revenue: $263.29M-36.0%|EPS: $-0.02-115.8%N/AForm 20-F - FY 2023
Period End: Dec 31, 2023|Filed: Apr 24, 2024|Revenue: $417.82M+4.2%|EPS: $0.10+112.2%BeatForm 20-F - FY 2022
Period End: Dec 31, 2022|Filed: Apr 28, 2023|Revenue: $421.62M-20.8%|EPS: $-0.81+88.4%MissForm 20-F - FY 2021
Period End: Dec 31, 2021|Filed: Apr 27, 2022|Revenue: $555.85M+27.6%|EPS: $0.35-102.9%Beat