---
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: "2026-03-03T13:20:14.767Z"
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)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/quote/002362.SZ.md) | [繁體中文](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; 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. It also 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. In addition, the company offers PM2.5 Detector, a handheld instrument that conducts real-time measurement of the concentration and quality of airborne particles; and household indoor air purifiers and haze removal machines.

| 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: 2026-03-03T04:30:10.000Z

**Overall: C (0.43)**

**Industry**: Electronic Equipment and Instruments

| Metric | Value |
|--------|-------|
| Industry Ranking | 134 / 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 | 18.83% |  |
| Net Profit YoY | -5.34% |  |
| P/B Ratio | 5.00 |  |
| Dividend Ratio | 0.00% |  |

#### Size Score Score: 

| Indicator | Value | Rating |
|-----------|-------|--------|
| Market Cap | 5282218081.21 |  |
| Revenue | 1937045286.31 |  |

#### Multi Score Score: C

| Indicator | Value | Rating |
|-----------|-------|--------|
| ROE | -11.32% | D |
| Profit Margin | -6.55% | D |
| Gross Margin | 42.14% | B |
| Revenue YoY | 18.83% | B |
| Net Profit YoY | -5.34% | C |
| Total Assets YoY | 7.01% | B |
| Net Assets YoY | -8.00% | D |
| Cash Flow Margin | -1527.85% | E |
| OCF YoY | 18.83% | B |
| Turnover | 1.04 | A |
| Gearing Ratio | 37.91% | B |

```chart-data:radar
{
  "title": "Longbridge Financial Score - Hanwang Technology Co.,Ltd.",
  "chart_type": "radar",
  "dimensions": [
    {
      "name": "Style Score",
      "grade": "",
      "indicators": [
        {
          "name": "Revenue YoY",
          "value": "18.83%",
          "rating": ""
        },
        {
          "name": "Net Profit YoY",
          "value": "-5.34%",
          "rating": ""
        },
        {
          "name": "P/B Ratio",
          "value": "5.00",
          "rating": ""
        },
        {
          "name": "Dividend Ratio",
          "value": "0.00%",
          "rating": ""
        }
      ]
    },
    {
      "name": "Size Score",
      "grade": "",
      "indicators": [
        {
          "name": "Market Cap",
          "value": "5282218081.21",
          "rating": ""
        },
        {
          "name": "Revenue",
          "value": "1937045286.31",
          "rating": ""
        }
      ]
    },
    {
      "name": "Multi Score",
      "grade": "C",
      "indicators": [
        {
          "name": "ROE",
          "value": "-11.32%",
          "rating": "D"
        },
        {
          "name": "Profit Margin",
          "value": "-6.55%",
          "rating": "D"
        },
        {
          "name": "Gross Margin",
          "value": "42.14%",
          "rating": "B"
        },
        {
          "name": "Revenue YoY",
          "value": "18.83%",
          "rating": "B"
        },
        {
          "name": "Net Profit YoY",
          "value": "-5.34%",
          "rating": "C"
        },
        {
          "name": "Total Assets YoY",
          "value": "7.01%",
          "rating": "B"
        },
        {
          "name": "Net Assets YoY",
          "value": "-8.00%",
          "rating": "D"
        },
        {
          "name": "Cash Flow Margin",
          "value": "-1527.85%",
          "rating": "E"
        },
        {
          "name": "OCF YoY",
          "value": "18.83%",
          "rating": "B"
        },
        {
          "name": "Turnover",
          "value": "1.04",
          "rating": "A"
        },
        {
          "name": "Gearing Ratio",
          "value": "37.91%",
          "rating": "B"
        }
      ]
    }
  ]
}
```

## Valuation Analysis

| Metric | Current | Industry Ranking | High | Median | Low |
|--------|---------|-----------------|------|--------|-----|
| PE (TTM) | -39.69 | 168/201 | - | - | - |
| PB | 4.76 | 126/201 | 5.42 | 5.12 | 4.75 |
| PS (TTM) | 2.60 | 25/201 | 3.15 | 2.90 | 2.78 |
| Dividend Yield | 0.00% | - | - | - | - |

## Peer Comparison

| Rank | Name | Profit | Growth | Operation | Security | Cash | Rating |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 01 | FII (601138.SH) | B | A | A | D | A | B |
| 02 | USISH (601231.SH) | C | C | A | C | B | B |
| 03 | HGTECH (000988.SZ) | B | B | B | C | B | B |
| 04 | Goertek (002241.SZ) | C | B | A | D | B | B |
| 05 | GUIDE INFRARED (002414.SZ) | C | 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 | 20.51 |
| 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.**