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Smart Share Global ADR (EM)
NASDAQ:EM
US Market

Smart Share Global ADR (EM) AI Stock Analysis

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EM

Smart Share Global ADR

(NASDAQ:EM)

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Neutral 41 (OpenAI - 4o)
Rating:41Neutral
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 (EM) vs. SPDR S&P 500 ETF (SPY)

Smart Share Global ADR Business Overview & Revenue Model

Company DescriptionSmart 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 MoneySmart 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 Earnings Call Summary

Earnings Call Date:Aug 22, 2024
(Q2-2024)
|
% Change Since: |
Next Earnings Date:May 20, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted several achievements, such as a return to GAAP profitability, expansion in lower-tier cities, and growth in registered users and network partners. However, these were offset by significant revenue decline, challenges in the core business, and uncertain market conditions. The sentiment is mixed due to balanced highlights and lowlights.
Q2-2024 Updates
Positive Updates
Return to GAAP Profitability
Energy Monster returned to GAAP profitability with a net income of RMB 9 million in Q2 2024, marking a significant milestone in their financial performance.
Expansion in Lower-Tier Cities
POI count in third and lower-tier cities increased by more than 20% year-over-year, driving network expansion and diversification.
Record High POI Coverage
The company reached a record high of 1.27 million POIs, enhancing service availability across a wider geographic region.
Growth in Registered Users
Energy Monster's user base grew to over 417.1 million cumulative registered users, an increase of 12.8 million users in the second quarter.
Substantial Increase in Network Partners
The number of network partners increased to over 12,000, a growth of more than 1,000 since the end of Q1 2024 and around 3,700 year-over-year.
Significant Growth in Other Revenue
Other revenues grew by over 400% year-over-year, driven by new business initiatives in renewable energy.
Negative Updates
Revenue Decline
Revenues decreased by 55.3% year-over-year to RMB 422.9 million, mainly due to decreased POIs under the direct model and softness in consumer power.
Challenges in Core Business
The mobile device charging revenue from the direct model decreased by 60.7% year-over-year, reflecting challenges in consumer confidence and extreme weather conditions.
Operating Loss
The company reported a loss from operations of RMB 6.0 million for Q2 2024.
Uncertain Market Conditions
The market in the second quarter was challenging with no definitive trend of rebound, impacting visibility for the second half of 2024.
Company Guidance
During Energy Monster's Q2 2024 earnings call, the company highlighted several key performance metrics and strategic initiatives. Energy Monster returned to GAAP profitability with a net income of RMB 9 million and maintained non-GAAP profitability for the sixth consecutive quarter. The company reported a decrease in GMV due to a softer consumption environment, although month-on-month fluctuations were observed. The POI count in third and lower-tier cities increased by over 20% year-over-year, contributing to a record-high coverage of 1.27 million POIs. The user base grew to 417.1 million, with an addition of 12.8 million users. Financially, revenues were RMB 422.9 million, a 55.3% year-over-year decrease, primarily due to the transition to the network partner model, which now accounts for 89.2% of POIs. Other revenues surged by 453.7% year-over-year, driven by new business initiatives. Operationally, the network partner count rose by 41% year-over-year, enhancing distribution capabilities and market penetration. The company is focused on expanding its network partner model, optimizing POI performance, and exploring international markets to drive future 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
45
Neutral
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
60
Neutral
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
35
Negative
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.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue3.07B1.89B2.96B2.84B3.59B2.81B
Gross Profit1.92B803.63M1.75B2.28B3.03B2.38B
EBITDA-106.04M196.08M388.29M-116.42M310.34M478.00M
Net Income-250.21M-13.53M87.74M-711.24M-124.61M75.43M
Balance Sheet
Total Assets4.41B4.13B4.42B4.29B4.40B2.79B
Cash, Cash Equivalents and Short-Term Investments3.21B2.92B3.13B3.04B2.72B1.42B
Total Debt16.46M6.58M15.04M119.17M85.66M221.80M
Total Liabilities1.64B1.47B1.69B1.65B1.17B1.09B
Stockholders Equity2.77B2.66B2.73B2.64B3.23B1.70B
Cash Flow
Free Cash Flow0.00-215.08M234.49M265.26M-245.61M119.20M
Operating Cash Flow0.00-205.67M416.50M708.14M226.78M536.12M
Investing Cash Flow0.00419.58M-598.53M-1.02B-1.71B-261.49M
Financing Cash Flow0.00-99.20M-27.96M-78.45M1.56B654.57M

Smart Share Global ADR Technical Analysis

Technical Analysis Sentiment
Negative
Last Price1.20
Price Trends
50DMA
1.35
Negative
100DMA
1.32
Negative
200DMA
1.21
Negative
Market Momentum
MACD
-0.02
Positive
RSI
22.04
Positive
STOCH
17.70
Positive
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 below the 20-day moving average (MA) of 1.35, below the 50-day MA of 1.35, and below the 200-day MA of 1.21, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 22.04 is Positive, neither overbought nor oversold. The STOCH value of 17.70 is Positive, 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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
61
Neutral
$18.38B12.79-2.54%3.03%1.52%-15.83%
59
Neutral
$71.93M0.6698.54%13.98%34.14%
58
Neutral
$16.83M5.8248.22%13.71%
46
Neutral
$275.04M0.24-9.32%
44
Neutral
$130.25M566.990.12%-36.29%-96.65%
41
Neutral
$304.25M-146.34-37.29%-116.91%
40
Neutral
$45.36M-0.02-1.75%-2.53%99.45%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
EM
Smart Share Global ADR
1.20
0.47
64.38%
MED
Medifast
11.85
-5.00
-29.67%
RGS
Regis
29.00
3.01
11.58%
MRM
MEDIROM Healthcare Technologies
2.13
0.95
80.51%
EJH
E-Home Household Service Holdings
0.91
-37.57
-97.64%
WW
WW International, Inc.
27.54
-2.66
-8.81%

Smart Share Global ADR Corporate Events

Smart Share Global Calls Extraordinary Meeting for Merger Vote
Nov 28, 2025

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.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 20, 2025