Source SEC Filings (10-K/10-Q)Updated Dec 31, 2024Currency USDFYE December
This page shows Smart Share Global Ltd (EM) financial statements, including the
income statement, balance sheet, cash flow statement, and key financial ratios.
View 4 years of annual fundamentals and quarterly data, with year-over-year
growth rates and compound annual growth rates (CAGR).
All figures are derived from SEC filings (10-K and 10-Q reports).
Smart Share Global Ltd has an operating margin of -3.8%, meaning the company retains $-4 of operating profit per $100 of revenue. This below-average margin results in a low score of 14/100, suggesting thin profitability after operating expenses. This is down from -0.0% the prior year.
Growth
0
Smart Share Global Ltd's revenue declined 37.7% year-over-year, from $416.7M to $259.5M. This contraction results in a growth score of 0/100.
Leverage
91
Smart Share Global Ltd carries a low D/E ratio of 0.55, meaning only $0.55 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 91/100, indicating a strong balance sheet with room for future borrowing.
Liquidity
61
Smart Share Global Ltd's current ratio of 3.17 indicates adequate short-term liquidity, earning a score of 61/100. The company can meet its near-term obligations, though with limited headroom.
Returns
10
Smart Share Global Ltd generates a -0.5% ROE, indicating limited profit relative to shareholders' investment. This results in a returns score of 10/100. This is down from 3.2% the prior year.
Piotroski F-ScoreWeak
1/9
Smart Share Global Ltd passes 1 of 9 financial strength tests. No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Earnings QualityLow Quality
15.20x
For every $1 of reported earnings, Smart Share Global Ltd generates $15.20 in operating cash flow (-$28.2M OCF vs -$1.9M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Smart Share Global Ltd generated $259.5M in revenue in fiscal year 2024. This represents a decrease of 37.7% from the prior year.
EBITDA
$11.0M
YoY-69.6%
Smart Share Global Ltd's EBITDA was $11.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 69.6% from the prior year.
Net Income
-$1.9M
YoY-115.0%
Smart Share Global Ltd reported -$1.9M in net income in fiscal year 2024. This represents a decrease of 115.0% from the prior year.
EPS (Diluted)
$0.00
YoY-100.0%
Smart Share Global Ltd earned $0.00 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 100.0% from the prior year.
Cash & Balance Sheet
Free Cash Flow
N/A
Cash & Debt
$107.9M
YoY+30.1%
Smart Share Global Ltd held $107.9M in cash against $0 in long-term debt as of fiscal year 2024.
Dividends Per Share
N/A
Shares Outstanding
N/A
Margins & Returns
Gross Margin
42.4%
YoY-16.7pp
Smart Share Global Ltd's gross margin was 42.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 16.7 percentage points from the prior year.
Operating Margin
-3.8%
YoY-3.7pp
Smart Share Global Ltd's operating margin was -3.8% in fiscal year 2024, reflecting core business profitability. This is down 3.7 percentage points from the prior year.
Net Margin
-0.7%
YoY-3.7pp
Smart Share Global Ltd's net profit margin was -0.7% in fiscal year 2024, showing the share of revenue converted to profit. This is down 3.7 percentage points from the prior year.
Return on Equity
-0.5%
YoY-3.7pp
Smart Share Global Ltd's ROE was -0.5% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is down 3.7 percentage points from the prior year.
Capital Allocation
R&D Spending
$11.4M
YoY-11.9%
Smart Share Global Ltd invested $11.4M in research and development in fiscal year 2024. This represents a decrease of 11.9% from the prior year.
Smart Share Global Ltd (EM) reported $259.5M in total revenue for fiscal year 2024. This represents a -37.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Smart Share Global Ltd's revenue growing?
Smart Share Global Ltd (EM) revenue declined by 37.7% year-over-year, from $416.7M to $259.5M in fiscal year 2024.
Is Smart Share Global Ltd profitable?
No, Smart Share Global Ltd (EM) reported a net income of -$1.9M in fiscal year 2024, with a net profit margin of -0.7%.
What is Smart Share Global Ltd's earnings per share (EPS)?
Smart Share Global Ltd (EM) reported diluted earnings per share of $0.00 for fiscal year 2024. This represents a -100.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Smart Share Global Ltd's EBITDA?
Smart Share Global Ltd (EM) had EBITDA of $11.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
What is Smart Share Global Ltd's gross margin?
Smart Share Global Ltd (EM) had a gross margin of 42.4% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Smart Share Global Ltd's operating margin?
Smart Share Global Ltd (EM) had an operating margin of -3.8% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Smart Share Global Ltd's net profit margin?
Smart Share Global Ltd (EM) had a net profit margin of -0.7% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Smart Share Global Ltd's return on equity (ROE)?
Smart Share Global Ltd (EM) has a return on equity of -0.5% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Smart Share Global Ltd's operating cash flow?
Smart Share Global Ltd (EM) generated -$28.2M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Smart Share Global Ltd's total assets?
Smart Share Global Ltd (EM) had $565.5M in total assets as of fiscal year 2024, including both current and long-term assets.
How much does Smart Share Global Ltd spend on research and development?
Smart Share Global Ltd (EM) invested $11.4M in research and development during fiscal year 2024.
What is Smart Share Global Ltd's current ratio?
Smart Share Global Ltd (EM) had a current ratio of 3.17 as of fiscal year 2024, which is generally considered healthy.
What is Smart Share Global Ltd's debt-to-equity ratio?
Smart Share Global Ltd (EM) had a debt-to-equity ratio of 0.55 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Smart Share Global Ltd's return on assets (ROA)?
Smart Share Global Ltd (EM) had a return on assets of -0.3% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Smart Share Global Ltd's cash runway?
Based on fiscal year 2024 data, Smart Share Global Ltd (EM) had $107.9M in cash against an annual operating cash burn of $28.2M. This gives an estimated cash runway of approximately 46 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
What is Smart Share Global Ltd's Piotroski F-Score?
Smart Share Global Ltd (EM) has a Piotroski F-Score of 1 out of 9, indicating weak financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Smart Share Global Ltd's earnings high quality?
Smart Share Global Ltd (EM) has an earnings quality ratio of 15.20x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Smart Share Global Ltd?
Smart Share Global Ltd (EM) scores 35 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.