---
title: "Ocean's King Lighting Science & Technology Co., Ltd. (002724.SZ)"
type: "Symbol"
locale: "en"
url: "https://longbridge.com/en/quote/002724.SZ.md"
symbol: "002724.SZ"
name: "Ocean's King Lighting Science & Technology Co., Ltd."
industry: "Electrical Components and Equipment"
datetime: "2026-05-20T23:48:07.157Z"
locales:
  - [en](https://longbridge.com/en/quote/002724.SZ.md)
  - [zh-CN](https://longbridge.com/zh-CN/quote/002724.SZ.md)
  - [zh-HK](https://longbridge.com/zh-HK/quote/002724.SZ.md)
---

# Ocean's King Lighting Science & Technology Co., Ltd. (002724.SZ)

## Company Overview

Ocean's King Lighting Science & Technology Co., Ltd. engages in research and development, manufacture, and sale of lighting products in China. It offers lighting products, including fixed explosion-proof lighting, fixed professional lighting, mobile professional lighting, portable explosion-proof lighting, and portable professional lighting products. The company also provides control products, such as detectors, controllers, and gateways; and value-added services.

| Item | Detail |
|------|--------|
| Industry | Electrical Components and Equipment |
| Exchange | CN Market |
| Website | [www.haiyangwang.com](https://www.haiyangwang.com) |

## 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: 2026-05-20T04:30:09.000Z

**Overall: C (0.43)**

**Industry**: Electrical Components and Equipment

| Metric | Value |
|--------|-------|
| Industry Ranking | 201 / 261 |
| Industry Median | C |
| Industry Average | C |

- **Style**: Value - Stocks where the company's main business is in a mature stage.
- **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 | -5.46% |  |
| Net Profit YoY | 155.23% |  |
| P/B Ratio | 1.64 |  |
| Dividend Ratio | 0.85% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 4529019733.77 |  |
| Revenue | 1689554449.91 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | 2.77% | C |
| Profit Margin | 4.46% | C |
| Gross Margin | 54.86% | B |
| Revenue YoY | -5.46% | D |
| Net Profit YoY | 155.23% | A |
| Total Assets YoY | 2.15% | C |
| Net Assets YoY | 2.26% | C |
| Cash Flow Margin | 212.00% | B |
| OCF YoY | -5.46% | D |
| Turnover | 0.50 | C |
| Gearing Ratio | 18.42% | A |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Ocean's King Lighting Science & Technology Co., Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "-5.46%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "155.23%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "1.64",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.85%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "4529019733.77",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1689554449.91",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "2.77%",
          "rating": "C"
        },
        {
          "name": "Profit Margin",
          "value": "4.46%",
          "rating": "C"
        },
        {
          "name": "Gross Margin",
          "value": "54.86%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "-5.46%",
          "rating": "D"
        },
        {
          "name": "Net Profit YoY",
          "value": "155.23%",
          "rating": "A"
        },
        {
          "name": "Total Assets YoY",
          "value": "2.15%",
          "rating": "C"
        },
        {
          "name": "Net Assets YoY",
          "value": "2.26%",
          "rating": "C"
        },
        {
          "name": "Cash Flow Margin",
          "value": "212.00%",
          "rating": "B"
        },
        {
          "name": "OCF YoY",
          "value": "-5.46%",
          "rating": "D"
        },
        {
          "name": "Turnover",
          "value": "0.50",
          "rating": "C"
        },
        {
          "name": "Gearing Ratio",
          "value": "18.42%",
          "rating": "A"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | 58.93 | 92/261 | 65.09 | 63.66 | 59.65 |
| PB | 1.61 | 13/261 | 2.23 | 2.05 | 1.95 |
| PS (TTM) | 2.63 | 97/261 | 3.38 | 3.18 | 3.00 |
| Dividend Yield | 0.87% | 71/261 | 0.73% | 0.68% | 0.63% |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | SIEYUAN (002028.SZ) | B | A | B | C | B | B |
| 02 | ZTT (600522.SH) | C | B | A | B | B | B |
| 03 | Deye (605117.SH) | A | B | B | C | B | B |
| 04 | EVE (300014.SZ) | B | B | B | D | B | B |
| 05 | Huayou Cobalt (603799.SH) | B | A | C | D | B | B |

## Institutional View

### Analyst Rating Distribution

> As of 2025-06-04T16:00:00.000Z

Total Analysts: **1**

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

### Target Price Forecast

| Metric | Price |
|--------|-------|
| Current Price | 5.74 |
| Highest Target | 10.57 |
| Lowest Target | 10.57 |

## References

- [Company Overview — Profile, executives, shareholders, business breakdown](https://longbridge.com/en/quote/002724.SZ/overview.md)
- [Financial Reports — Income, balance sheet, cash flow, dividends](https://longbridge.com/en/quote/002724.SZ/norm.md)
- [Related News](https://longbridge.com/en/quote/002724.SZ/news.md)
- [Filings — Company announcements and regulatory filings](https://longbridge.com/en/quote/002724.SZ/filings.md)

---

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