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Smart Share Global Limited American Depositary Shares - $EM STOCK NEWS

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Rhea-AI Summary
Smart Share Global , trading as EM on Nasdaq, filed its annual report on Form 20-F for the fiscal year ended December 31, 2023, with the SEC. The report includes audited financial statements and can be accessed on the company's investor relations website and the SEC's website. Shareholders and ADS holders can request a hard copy of the report for free.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.79%
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none
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Rhea-AI Summary
Smart Share Global (EM) reported a net income of RMB87.7 million for full year 2023, a significant improvement from a net loss of RMB711.2 million in 2022. Mobile device charging orders increased by 32.8% year-over-year in the fourth quarter of 2023, with a total of 656.4 million orders for the year. The company's services expanded to 1,234 thousand POIs by the end of 2023, with a growth in available-for-use power banks and registered users.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.73%
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Rhea-AI Summary
Smart Share Global (EM) announces the release of unaudited financial results for Q4 and fiscal year 2023, with a conference call scheduled for March 28, 2024. The company, known as Energy Monster, offers mobile device charging services and invites participants to join the call to discuss the results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.32%
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conferences earnings
Rhea-AI Summary
Smart Share Global Limited (EM) announces a special cash dividend of US$0.015 per ordinary share, or US$0.03 per ADS, totaling approximately US$8 million, to be paid to shareholders on June 7, 2024. The dividend will be funded by the company's surplus cash of RMB3.3 billion as of September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.74%
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dividends
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Rhea-AI Summary
Energy Monster Launches Power Bank Sustainability Campaign to Promote Environmental Responsibility and Enhance Power Bank Utilization
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.82%
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none
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Rhea-AI Summary
Smart Share Global Limited (Energy Monster) announced the transfer of its American depositary shares (ADSs) from the Nasdaq Global Select Market to the Nasdaq Capital Market. The transfer is expected to take effect on December 22, 2023, following the approval from the Listing Qualifications department of Nasdaq. The company received a second 180-day compliance period to meet the minimum bid price requirement for continued listing, with a deadline of June 17, 2024. The transfer is not expected to impact trading in the company's ADSs, which will continue to trade under the symbol 'EM.'
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.6%
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none
Rhea-AI Summary
Energy Monster (EM) announced its unaudited financial results for the third quarter of 2023, with net income reaching RMB50.0 million, compared to a net loss of RMB95.8 million in the same period last year. The number of POIs reached 1.2 million, and the company's services were available in 1,189 thousand POIs. Cumulative registered users reached 379.0 million, with 16.4 million newly registered users acquired during the quarter. Mobile device charging orders for the third quarter of 2023 was 176.5 million, representing an increase of 9.1% compared to the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.67%
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Rhea-AI Summary
Smart Share Global Limited (Energy Monster) plans to release its unaudited third quarter 2023 financial results on November 27, 2023, before the U.S. market opens. The management will hold a conference call to discuss the financial results, with a webcast and telephone replay available. Event Title: Energy Monster Third Quarter 2023 Earnings Conference Call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.01%
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conferences earnings
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Rhea-AI Summary
Energy Monster extends share repurchase program and announces changes to management team
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End-of-Day
-- %
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buyback
Rhea-AI Summary
Energy Monster announced its unaudited financial results for Q2 2023. Net income for the quarter was RMB24.5 million, compared to a net loss of RMB184.5 million in the same period last year. Mobile device charging orders increased by 24.1%. Revenues increased by 50.0% to RMB1.0 billion. The company's services were available in 1,109 thousand POIs, with 62.0% operated under the network partner model. Cumulative registered users reached 362.5 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.11%
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Smart Share Global Limited American Depositary Shares

Nasdaq:EM

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256.98M
96.41M
15.22%
6.77%
0.01%
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