---
title: "Hanwang Technology Co.,Ltd. (002362.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002362.SZ.md"
symbol: "002362.SZ"
name: "Hanwang Technology Co.,Ltd."
industry: "Electronic Equipment and Instruments"
datetime: "2026-05-20T00:24:26.821Z"
locales:
  - [en](https://longbridge.com/en/quote/002362.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002362.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002362.SZ.md)
---

# Hanwang Technology Co.,Ltd. (002362.SZ)

## Company Overview

Hanwang Technology Co.,Ltd., together with its subsidiaries, provides handwriting recognition, optical character recognition, and handwriting input products in China and internationally. The company offers WISEreader, a portable electronic book; Dictionary Pen, a multifunctional scanning pen; HWPen that integrates handwriting technology and electromagnetic induction technology for different modes of computer handwriting board; Tablet, a professional painting tool for art. It also provides Scan Pen for text readers; Mini Scanner, a portable hand-held offline data input device designed for mobile office working; MousePen, which is used for writing, reading, and identify pictures and text on the screen; and bionic flapping wing. In addition, the company provides office application products, such as high-speed professional scanners, starter edition scanners, and documents cameras; Face Go; and C-pen and E-signature products.

| Item | Detail |
|------|--------|
| Industry | Electronic Equipment and Instruments |
| Exchange | CN Market |
| Website | [www.hanwang.com.cn](https://www.hanwang.com.cn) |

## Key Drivers
> *AI-analyzed key factors driving this stock's performance*


## Longbridge Financial Score™: C
> *Longbridge Financial Score™ — Proprietary multi-factor rating model by Longbridge*
> Updated: 2026-05-19T04:30:08.000Z

**Overall: C (0.51)**

**Industry**: Electronic Equipment and Instruments

| Metric | Value |
|--------|-------|
| Industry Ranking | 140 / 201 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Blend - Stocks in which the company has both growth and mature businesses.
- **Scale**: Small - The company's operation has a high degree of growth and volatility, making it easy to achieve high investment returns.

**Multi Score**: C

#### Style Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Revenue YoY | 2.60% |  |
| Net Profit YoY | -106.37% |  |
| P/B Ratio | 5.06 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4586474379.83 |  |
| Revenue | 1910962711.91 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -22.05% | E |
| Profit Margin | -11.73% | D |
| Gross Margin | 42.31% | B |
| Revenue YoY | 2.60% | C |
| Net Profit YoY | -106.37% | E |
| Total Assets YoY | -0.21% | D |
| Net Assets YoY | -16.90% | E |
| Cash Flow Margin | 26.57% | D |
| OCF YoY | 2.60% | C |
| Turnover | 1.00 | A |
| Gearing Ratio | 44.72% | C |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hanwang Technology Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "2.60%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-106.37%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "5.06",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "4586474379.83",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1910962711.91",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-22.05%",
          "rating": "E"
        },
        {
          "name": "Profit Margin",
          "value": "-11.73%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "42.31%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "2.60%",
          "rating": "C"
        },
        {
          "name": "Net Profit YoY",
          "value": "-106.37%",
          "rating": "E"
        },
        {
          "name": "Total Assets YoY",
          "value": "-0.21%",
          "rating": "D"
        },
        {
          "name": "Net Assets YoY",
          "value": "-16.90%",
          "rating": "E"
        },
        {
          "name": "Cash Flow Margin",
          "value": "26.57%",
          "rating": "D"
        },
        {
          "name": "OCF YoY",
          "value": "2.60%",
          "rating": "C"
        },
        {
          "name": "Turnover",
          "value": "1.00",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "44.72%",
          "rating": "C"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -20.71 | 157/201 | - | - | - |
| PB | 5.12 | 124/201 | 5.42 | 5.11 | 4.80 |
| PS (TTM) | 2.43 | 25/201 | 3.04 | 2.85 | 2.61 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | FII (601138.SH) | B | A | A | D | B | B |
| 02 | HIKVISION (002415.SZ) | A | C | B | B | C | B |
| 03 | HGTECH (000988.SZ) | B | B | B | C | C | B |
| 04 | Raytron (688002.SH) | A | A | B | B | A | B |
| 05 | GUIDE INFRARED (002414.SZ) | A | A | C | B | A | B |

## Institutional View

### Analyst Rating Distribution

> As of 2025-09-14T16:00:00.000Z

Total Analysts: **1**

| Rating | Count | Percentage |
|--------|-------|-----------| 
| Buy | 1 | 100% |

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 19.01 |
| Highest Target | 42.23 |
| Lowest Target | 42.23 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002362.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002362.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002362.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002362.SZ/filings.md)

---

> **Disclaimer: This article is for reference only and does not constitute any investment advice.**