Smart Share Global (怪兽充电) IPO Trading - Cheaper Now but Still May Not Be Enough

Hello Inc (哈罗出行) Pre-IPO - Nowhere near Being Sustainable

Hello (HI): Competition on the Ground, Hard to Reach Profitability

Smart Share Global (怪兽充电) Pre-IPO - Growing Fast and Is Profitable but Competition Is Picking Up

Smart Share Global (怪兽充电) Pre-IPO - Pulling Ahead in a Highly Competitive Landscape

Smart Share Global (怪兽充电) Pre-IPO - Forecasts, Assumptions, and Valuation

Smart Share Global (怪兽充电): Rent A Power Bank on the Ground

APAC IPOs & Placements

Zhen Zhou, Toh

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Smart Share Global / Equity Capital Markets

<div><p><a href="https://www.smartkarma.com/entities/energy-monster" target="_blank" data-smartkarma-citation="entities:32217:1" rel="noopener">Smart Share Global (EM US)</a> (SSG), also known as Energy Monster, is looking to raise up to US$219m in its U.S. IPO.</p></div><div><p>SSG is a consumer tech company that provides mobile device charging service through online and offline networks. The company is the largest mobile device charging service provider in China in terms of 2020 gross revenue.</p></div><div><p>In this note, we will share our forecast, assumptions, and thoughts on valuation. </p></div><div><p>Our previous coverage of the IPO:</p></div><div><ul style="list-style-type: disc;">
<li>
<a href="https://www.smartkarma.com/insights/smart-share-global-pre-ipo-growing-fast-and-is-profitable-but-competition-is-picking-up" target="_blank" data-smartkarma-citation="insights:49349" rel="noopener">Smart Share Global (怪兽充电) Pre-IPO - Growing Fast and Is Profitable but Competition Is Picking Up</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/smart-share-global-rent-a-power-bank-on-the-ground" target="_blank" data-smartkarma-citation="insights:49438" rel="noopener">Smart Share Global (怪兽充电): Rent A Power Bank on the Ground</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/smart-share-global-pre-ipo-pulling-ahead-in-a-highly-competitive-landscape" target="_blank" data-smartkarma-citation="insights:49585" rel="noopener">Smart Share Global (怪兽充电) Pre-IPO - Pulling Ahead in a Highly Competitive Landscape</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/smart-share-global-pre-ipo-forecasts-assumptions-and-valuation" target="_blank" data-smartkarma-citation="insights:49653" rel="noopener">Smart Share Global (怪兽充电) Pre-IPO - Forecasts, Assumptions, and Valuation</a> </li>
</ul></div>

Smart Share Global (EM US) (SSG), also known as Energy Monster, is looking to raise up to US$219m in its U.S. IPO.SSG is a consumer tech company that provides mobile device charging service through online and offline networks. The company is the largest mobile device charging service provider in China in terms of 2020 gross revenue.In this note, we will share our forecast, assumptions, and thoughts on valuation. Our previous coverage of the IPO:

Smart Share Global (怪兽充电) Pre-IPO - Growing Fast and Is Profitable but Competition Is Picking Up 

Smart Share Global (怪兽充电): Rent A Power Bank on the Ground 

Smart Share Global (怪兽充电) Pre-IPO - Pulling Ahead in a Highly Competitive Landscape 

Smart Share Global (怪兽充电) Pre-IPO - Forecasts, Assumptions, and Valuation 


Smart Share Global (怪兽充电) IPO - Overcharged