EM (Smart Share Global) Gross Margin %: 25.47% (As of Dec. 2024)

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EM Smart Share Global Ltd EM
12 GF Score
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What is Smart Share Global Gross Margin %?

Smart Share Global EM 12 Gross Margin % is 25.47% as of Dec. 2024. GuruFocus rates EM with a GF Score™ of 12/100.

Gross Margin % is calculated as gross profit divided by its revenue. Smart Share Global's Gross Profit for the three months ended in Dec. 2024 was $19.0 Mil. Smart Share Global's Revenue for the three months ended in Dec. 2024 was $74.7 Mil. Therefore, Smart Share Global's Gross Margin % for the quarter that ended in Dec. 2024 was 25.47%.


The historical rank and industry rank for Smart Share Global's Gross Margin % or its related term are showing as below:


EM's Gross Margin % is not ranked *
in the Personal Services industry.
Industry Median: 43.73
* Ranked among companies with meaningful Gross Margin % only.

Smart Share Global had a gross margin of 25.47% for the quarter that ended in Dec. 2024 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Smart Share Global was 0.00% per year.


Smart Share Global  (NAS:EM) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Smart Share Global had a gross margin of 25.47% for the quarter that ended in Dec. 2024 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Smart Share Global Gross Margin % Related Terms


Smart Share Global Gross Margin % Historical Data

* Premium members only.

The historical data trend for Smart Share Global's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Smart Share Global Gross Margin % Chart

Smart Share Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross Margin %
Get a 7-Day Free Trial 84.67 84.46 79.80 59.23 42.42

Smart Share Global Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 60.59 57.77 52.56 39.20 25.47

EM vs WW, MED, EJH: Gross Margin % Comparison

For the Personal Services subindustry, Smart Share Global's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Smart Share Global Gross Margin % vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Smart Share Global's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Smart Share Global's Gross Margin % falls into.


EM
12GF Score
Smart Share Global Ltd EM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Share Global Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Smart Share Global's Gross Margin for the fiscal year that ended in Dec. 2024 is calculated as

Gross Margin % (A: Dec. 2024 )=Gross Profit (A: Dec. 2024 ) / Revenue (A: Dec. 2024 )
=110.4 / 260.198
=(Revenue - Cost of Goods Sold) / Revenue
=(260.198 - 149.819) / 260.198
=42.42 %

Smart Share Global's Gross Margin for the quarter that ended in Dec. 2024 is calculated as


Gross Margin % (Q: Dec. 2024 )=Gross Profit (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=19 / 74.651
=(Revenue - Cost of Goods Sold) / Revenue
=(74.651 - 55.634) / 74.651
=25.47 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 25.47% mean?
Smart Share Global (EM) has a Gross Margin % of 25.47% as of Dec. 2024. Gross margin is the ratio of total gross profit to net sales. View historical data on Smart Share Global and its competitors.
Is Smart Share Global's Gross Margin % too high?
Smart Share Global's current Gross Margin % is 25.47%. The Personal Services industry median Gross Margin % is 43.73. Smart Share Global's value of 25.47% is 41.8% below this industry median. Overall, Smart Share Global has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Smart Share Global's Gross Margin % compare to WW and MED?
Smart Share Global's Gross Margin % of 25.47% can be compared against companies in the Personal Services industry. The industry median Gross Margin % is 43.73. Smart Share Global's value of 25.47% is 41.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Personal Services company?
The median Gross Margin % among Personal Services companies is 43.73, based on 92 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Smart Share Global's current Gross Margin % of 25.47% is 41.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Smart Share Global and its competitors. For the Personal Services industry, the median Gross Margin % is 43.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Share Global's current Gross Margin % is 25.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Share Global stock overvalued right now?
Smart Share Global (EM) has a current Gross Margin % of 25.47%. The current Gross Margin % is 25.47% and 41.8% below the Personal Services industry median of 43.73. Smart Share Global's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Smart Share Global (EM), the current Gross Margin % is 25.47% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Smart Share Global Business Description

Address 799 Tianshan W Road, 6th Floor, Changning District, Shanghai, CHN, 200335
Smart Share Global Ltd is a consumer tech company providing mobile device charging services through an extensive online and offline network in China. It provides service through power banks, placed in POIs operated by location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. Geographically, the company generates revenue from the PRC. The company has two segments, the mobile device charging segment and the PV business segment. The company generates the majority of its revenue from the mobile device charging segment.
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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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