Is Smart Share Global Ltd (EM) Halal?
Shariah Screening — 5 Standards
Based on financial data from December 2024
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | 2.3% / 30% | 1018.7% / 30% | 196.6% / 30% | 5.96% / 5% | ✗ NOT HALAL |
| DJIM | 2.3% / 33% | 1018.7% / 33% | 196.6% / 33% | 5.96% / 5% | ✗ NOT HALAL |
| MSCI | 0.2% / 33% | 70.7% / 33% | 13.7% / 33% | 5.96% / 5% | ✗ NOT HALAL |
| S&P | 2.3% / 33% | 1018.7% / 33% | 196.6% / 33% | 5.96% / 5% | ✗ NOT HALAL |
| FTSE | 0.2% / 33% | 70.7% / 33% | 13.7% / 50% | 5.96% / 5% | ✗ NOT HALAL |
Financial Highlights
Profitability
| Gross Margin | 42.4% | |
| Operating Margin | -7.3% | |
| Net Margin | -0.7% | |
| Return on Equity (ROE) | -0.5% | |
| Return on Assets (ROA) | -1.0% |
Cash Flow & Balance Sheet
| Operating Cash Flow | -$206M |
| Free Cash Flow | -$215M |
| Total Debt | $7M |
| Debt-to-Equity | 0.2 |
| Current Ratio | 3.2 |
| Total Assets | $4.1B |
Price & Trading
| Last Close | $1.11 |
| 50-Day MA | $1.14 |
| 200-Day MA | $1.23 |
| Avg Volume | 148K |
| Beta | 0.7 |
|
52-Week Range
$1.01
| |
About Smart Share Global Ltd (EM)
Smart Share Global Limited, a consumer tech company, provides mobile device charging services through online and offline network in the People's Republic of China. The company offers services through its power banks placed in points of interests (POIs) operated by its location partners, such as entertainment venues, restaurants, shopping centers, hotels, transportation hubs, and public spaces. The company also provides advertising services, as well as sells merchandises through distributors or online platform; and rents power banks. Smart Share Global Limited was incorporated in 2017 and is headquartered in Shanghai, the People's Republic of China.
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Frequently Asked Questions
Is Smart Share Global Ltd (EM) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Smart Share Global Ltd is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Smart Share Global Ltd's debt ratio?
Smart Share Global Ltd's debt ratio is 2.3% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 0.2%.
What are Smart Share Global Ltd's key financial metrics?
Smart Share Global Ltd has a market capitalization of $284M, and revenue of $1.9B. The company maintains a gross margin of 42.4% and a net margin of -0.7%. Return on equity stands at -0.5%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.