Smart Share Global ADR (EM) AI Stock Analysis

• Market Cap: $291.57M
• Dividend Yield: N/A
• Average Volume (3M): 658.94K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.25
• Revenue Growth: -37.29%
• EPS Growth: -116.91%
• Country: US
• Employees: 3,656
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Personal Products & Services
• EPS (TTM): N/A
• Shares Outstanding: 216,611,600
• 10 Day Avg. Volume: 764,339
• 30 Day Avg. Volume: 658,943
• PEG Ratio: 0.43
• Price to Book (P/B): 0.25
• Price to Sales (P/S): 0.35
• P/FCF Ratio: -3.12
• Enterprise Value/Market Cap: 0.80
• Enterprise Value/Revenue: 0.08
• Enterprise Value/Gross Profit: 0.12
• Enterprise Value/Ebitda: -2.19
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 41 Neutral
• Price Target: $1.00 ▼(-16.67% Downside)

The overall stock score is primarily impacted by significant financial challenges, including declining revenues and negative cash flows. Technical analysis indicates bearish momentum, and poor valuation metrics further contribute to a low score. The absence of earnings call data and corporate events means these factors do not influence the score.

Positive Factors

Strategic Partnerships

Partnerships enhance market reach and service offerings, fostering cross-promotional opportunities that drive user acquisition and retention.

Low Leverage

Low leverage provides financial flexibility, reducing risk and allowing the company to invest in growth opportunities without significant debt burden.

Merger Agreement

Becoming privately held can streamline operations, reduce regulatory burdens, and allow for strategic focus on long-term growth without market pressures.

Negative Factors

Declining Revenue

A significant revenue decline indicates challenges in maintaining market share and customer base, potentially impacting long-term business viability.

Negative Cash Flow

Negative cash flow constrains the company's ability to invest in growth and innovation, posing risks to future financial stability and operational flexibility.

Profitability Challenges

Negative profitability reflects operational inefficiencies and market challenges, potentially hindering reinvestment in business development and competitive positioning.

Smart Share Global ADR Business Overview & Revenue Model

Company Description

Smart Share Global ADR (EM) is a leading provider of innovative technology solutions focused on enhancing digital content sharing and connectivity across various platforms. Operating primarily in the technology sector, the company specializes in developing software applications and cloud-based services that facilitate seamless data exchange and collaboration for businesses and consumers alike. With a commitment to providing user-friendly solutions, Smart Share Global aims to empower users with tools that optimize communication and streamline workflows in an increasingly digital world.

How the Company Makes Money

Smart Share Global generates revenue primarily through subscription fees for its software applications and cloud services, which are offered on a tiered pricing model to cater to different customer needs. Additional revenue streams include one-time licensing fees for enterprise solutions and transaction fees associated with data sharing services. The company has formed strategic partnerships with key players in the technology and telecommunications sectors, enabling it to expand its market reach and enhance its service offerings. These collaborations also facilitate cross-promotional opportunities, contributing to increased user acquisition and retention, which are critical for sustaining its earnings growth.

Smart Share Global ADR Financial Statement Overview

Summary

The company faces significant financial challenges, with declining revenues and profitability, coupled with deteriorating cash flows. While the balance sheet remains stable, the income and cash flow issues highlight potential risks.

Income Statement

The company has experienced significant volatility in revenue and profitability. Revenue has declined from $2.96 billion in 2023 to $1.89 billion in 2024, indicating a negative growth trend. The gross profit margin decreased as well, from 59.1% in 2023 to 42.4% in 2024. Net income turned negative in 2024, with a net loss of $13.53 million, highlighting potential profitability challenges. These factors contribute to a lower income statement score.

Balance Sheet

The balance sheet shows strong equity with a debt-to-equity ratio of 0.0025 in 2024, indicating low leverage. The equity ratio is robust at 64.4%, suggesting a well-capitalized position. However, a decline in stockholders' equity from $2.75 billion in 2023 to $2.66 billion in 2024 marks a slight deterioration. Overall, the balance sheet remains relatively stable, contributing to a moderate score.

Cash Flow

Free cash flow turned negative in 2024 at -$215.08 million from a positive $234.49 million in 2023, indicating cash flow constraints. Operating cash flow also decreased significantly, moving from $416.50 million in 2023 to -$205.67 million in 2024. This negative trend in cash flows highlights liquidity challenges, leading to a lower cash flow score.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.07B	1.89B	2.96B	2.84B	3.59B	2.81B
Gross Profit	1.92B	803.63M	1.75B	2.28B	3.03B	2.38B
EBITDA	-106.04M	196.08M	388.29M	-116.42M	310.34M	478.00M
Net Income	-250.21M	-13.53M	87.74M	-711.24M	-124.61M	75.43M
Balance Sheet
Total Assets	4.41B	4.13B	4.42B	4.29B	4.40B	2.79B
Cash, Cash Equivalents and Short-Term Investments	3.21B	2.92B	3.13B	3.04B	2.72B	1.42B
Total Debt	16.46M	6.58M	15.04M	119.17M	85.66M	221.80M
Total Liabilities	1.64B	1.47B	1.69B	1.65B	1.17B	1.09B
Stockholders Equity	2.77B	2.66B	2.73B	2.64B	3.23B	1.70B
Cash Flow
Free Cash Flow	0.00	-215.08M	234.49M	265.26M	-245.61M	119.20M
Operating Cash Flow	0.00	-205.67M	416.50M	708.14M	226.78M	536.12M
Investing Cash Flow	0.00	419.58M	-598.53M	-1.02B	-1.71B	-261.49M
Financing Cash Flow	0.00	-99.20M	-27.96M	-78.45M	1.56B	654.57M

Smart Share Global ADR Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EM, the sentiment is Negative. The current price of 1.2 is above the 20-day moving average (MA) of 1.15, below the 50-day MA of 1.25, and below the 200-day MA of 1.22, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 36.71 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for EM.

Smart Share Global ADR Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
RGS	59 Neutral	$55.96M	0.51	98.54%	―	13.98%	34.14%
MRM	58 Neutral	$11.69M	4.04	48.22%	―	13.71%	―
MED	47 Neutral	$125.74M	547.37	0.12%	―	-36.29%	-96.65%
WW	47 Neutral	$202.24M	0.18	―	―	-9.32%	―
EM	41 Neutral	$291.57M	-140.24	―	―	-37.29%	-116.91%
EJH	40 Neutral	$64.72M	-0.02	-1.75%	―	-2.53%	99.45%

Smart Share Global ADR Corporate Events

Smart Share Global Shareholders Approve Take‑Private Merger, Paving Way for Nasdaq Delisting

On December 31, 2025, Smart Share Global Limited announced that shareholders at an extraordinary general meeting had approved its previously announced merger agreement with an acquisition vehicle structure involving Mobile Charging Group Holdings Limited, under which a merger subsidiary will be combined with Smart Share, leaving the company as the surviving entity and a wholly owned subsidiary of MidCo. Around 79.0% of the company’s outstanding ordinary shares, representing 90.9% of total voting power, were represented at the meeting, and approximately 92.8% of the votes cast supported the merger plan, clearing a major governance hurdle for the take-private transaction that, once remaining conditions are satisfied or waived, is expected to result in Smart Share becoming a privately held company and its American depositary shares being delisted from Nasdaq, with significant implications for public shareholders and the firm’s future capital markets profile.

The most recent analyst rating on (EM) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Smart Share Global ADR stock, see the EM Stock Forecast page.

Smart Share Global Calls Extraordinary Meeting for Merger Vote

On November 28, 2025, Smart Share Global Limited announced it will hold an extraordinary general meeting of shareholders on December 31, 2025, to vote on a proposed merger agreement. This merger, if approved, will result in Smart Share becoming a privately held company, with its shares delisted from the NASDAQ Capital Market. The board of directors has recommended shareholders vote in favor of the merger, which involves the company merging with a subsidiary of Mobile Charging Group Holdings Limited. The outcome of this merger could significantly impact the company’s market operations and its stakeholders.

The most recent analyst rating on (EM) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Smart Share Global ADR stock, see the EM Stock Forecast page.