EM (Smart Share Global) ROCE %: -2.78% (As of Dec. 2024)

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EM Smart Share Global Ltd EM
12 GF Score
Price $1.20
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What is Smart Share Global ROCE %?

Smart Share Global EM 12 ROCE % is -2.78% as of Dec. 2024. GuruFocus rates EM with a GF Score™ of 12/100.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Smart Share Global's annualized ROCE % for the quarter that ended in Dec. 2024 was -2.78%.

Smart Share Global  (NAS:EM) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Smart Share Global ROCE % Related Terms

Smart Share Global ROCE % Historical Data

* Premium members only.

The historical data trend for Smart Share Global's ROCE % 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 ROCE % Chart

Smart Share Global Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROCE %
Get a 7-Day Free Trial 9.50 -3.30 -17.97 3.90 1.30

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
ROCE % 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 2.06 1.00 2.77 4.01 -2.78
EM
12GF Score
Smart Share Global Ltd EM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Share Global ROCE % Calculation

Smart Share Global's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=5.248/( ( (619.044 - 208.179) + (566.918 - 170.888) )/ 2 )
=5.248/( (410.865+396.03)/ 2 )
=5.248/403.4475
=1.30 %

Smart Share Global's ROCE % of for the quarter that ended in Dec. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-11.152/( ( (585.367 - 180.053) + (566.918 - 170.888) )/ 2 )
=-11.152/( ( 405.314 + 396.03 )/ 2 )
=-11.152/400.672
=-2.78 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

* 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of -2.78% mean?
Smart Share Global (EM) has a ROCE % of -2.78% as of Dec. 2024.
Is Smart Share Global's ROCE % too high?
Smart Share Global's current ROCE % is -2.78%. 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 ROCE % compare to WW and MED?
Smart Share Global's ROCE % of -2.78% can be compared against companies in the Personal Services industry. The industry median ROCE % is 5.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Personal Services company?
The median ROCE % among Personal Services companies is 5.90, based on 92 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Personal Services industry, the median ROCE % is 5.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Share Global's current ROCE % is -2.78%. 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 ROCE % of -2.78%. The current ROCE % is -2.78%. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Smart Share Global (EM), the current ROCE % is -2.78% 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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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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