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Hanwang Technology Co.,Ltd.

Hanwang Technology Co.,Ltd.

002362.SZ
Hanwang Technology Co.,Ltd.CN flagShenzhen Stock Exchange
15.07
CNY
-0.48
- -
3.68BMarket Cap
Hanwang Technology Co.,Ltd.
002362.SZ
(Shenzhen Stock Exchange)

Recent

price

15.07

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
6.19
2.49
1.8
1.3
1.66
1.51
1.94
2.82
3.47
5.09
7.17
6.6
5.73
5.93
7.43
7.73
7.84
Revenue per Share
0.44
-2.32
0.05
-1.01
0.05
0.02
0.1
0.2
0.07
0.17
0.48
0.22
-0.55
-0.55
-0.45
-0.8
-0.48
Basic EPS, GAAP
-2.72
-0.96
-0.53
-0.04
0.17
0.07
0.18
0.16
-0.17
0.31
-0.12
-0.59
-0.42
-0.73
-0.44
-0.56
-0.47
Free Cash Flow per Basic Share
0.02
0.05
0.02
- -
- -
- -
- -
- -
- -
- -
0.03
- -
0.01
0.01
0.01
0.03
0.02
Dividend per Share
1.59
-0.33
-0.26
-1.29
-1.25
-1.08
-1.12
-0.9
-0.83
-0.65
-0.04
0.18
-0.38
-0.93
-1.38
-2.19
-1.62
Book Value per Share
6.37
3.78
3.61
2.92
3.03
2.77
3.34
3.72
3.89
4.2
7.45
6.78
5.91
4.8
4.04
3.33
3.79
Tangible Book Value per Share
200
214
231
214
213
241
214
214
215
217
217
244
244
244
244
244
244
Basic Weighted Avg Shares
1,237
533
414
279
354
364
416
604
747
1,105
1,555
1,613
1,401
1,450
1,817
1,889
1,916
Sales/Revenue/Turnover
2.22
-73.24
-25.47
-41.89
-3.56
-4.61
2.86
8.05
2.72
4.64
13.02
5.73
-8.79
-11.35
-6.18
-7.86
-4.66
Operating Margin (%)
40
75
62
59
36
40
32
34
23
24
25
36
47
59
77
102
- -
Depreciation Expense
88
-497
12
-216
11
5
21
43
16
37
104
54
-136
-135
-110
-196
-116
Net Income, GAAP
- -
- -
68.59
- -
0.67
57.96
11.69
10.69
15.17
4.75
11.15
3.81
- -
- -
- -
- -
- -
Effective Tax Rate (%)
7.11
-93.15
2.78
-77.63
3.01
1.32
5.13
7.16
2.12
3.39
6.69
3.35
-9.69
-9.29
-6.06
-10.37
-6.06
Profit Margin (%)
1,023
515
506
329
384
418
462
525
564
640
1,336
1,379
1,219
960
778
630
778
Working Capital
- -
- -
- -
5
5
- -
- -
- -
- -
- -
12
5
2
1
6
17
53
LT Debt
1,421
925
937
719
736
749
782
848
886
958
1,673
1,763
1,581
1,380
1,276
1,094
1,228
Total Equity
- -
- -
-3.4
- -
-1.75
-0.96
1.38
5.34
1.98
5.27
13.51
5.05
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
-324.34
- -
-4.2
-1.82
-7.58
-19.95
-11.33
-42.12
26.62
1.19
- -
- -
- -
- -
- -
Return on Capital (%)
33.18
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
152
205
272
LT Borrowings
- -
50
50
LT Finance Leases
6
5
3
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
244
244
244
Market Capitalization
5,542
5,451
5,478

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
1,445
1,402
1,431
Cash, Cash Equivalents & STI
669
641
613
Accounts Receivable, Net
217
190
200
Inventories
431
463
504
Total Current Liabilities
666
584
653
Payables & Accruals
- -
- -
- -
ST Debt
152
205
272
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.07%
-7.9%
-14.26%
Free Cash Flow
-3.31%
96.97%
26.37%
Net Income, GAAP
35.57%
-67.95%
77.87%
Sales/Revenue/Turnover
19.52%
4.67%
3.96%
Total Cash Common Dividend
- -
87.14%
105.78%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
339
375
432
671
1,817
2025
387
427
629
- -
1,889
2026
410
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.06
- -
- -
- -
-0.45
2025
-0.06
- -
- -
- -
-0.8
2026
-0.17
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.01
2025
0.01
- -
- -
- -
0.03
2026
0.01
- -
- -
- -
- -
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Business
Hanwang Technology Co.,Ltd. is a Chinese technology company specializing in handwriting recognition, optical character recognition (OCR), and intelligent interactive products. Established in 1998 and headquartered in Beijing, the company offers a wide range of products including WISEreader portable electronic books; Dictionary Pen multifunctional scanning pens; HWPen devices integrating handwriting technology with electromagnetic induction for handwriting input; professional drawing tablets; Scan Pen text readers; Mini Scanners for mobile office data input; MousePen for writing and reading on screens; and various office application products such as high-speed professional scanners, starter edition scanners, and document cameras. Additionally, Hanwang provides products related to facial recognition (Face Go), C-pen and electronic signature solutions, household indoor air purifiers, and PM2.5 air quality detectors. Its products serve diverse markets including e-government, mobile communications, digital home appliances, education, finance, and personal office applications. In recent years, Hanwang Technology has pursued strategic expansions and acquisitions to strengthen its technological and market position. In 2025, the company agreed to acquire remaining stakes in subsidiaries such as Beijing Yingyan Innovation Technology Development Co., Ltd. and increased its stake in Beijing Hanwang Zhiyuan Technology Co., Ltd., reinforcing its presence in intelligent recognition and technology integration. The company also launched new products, including the world's first EMC-Touch Chip and pen technology under the Penstar brand showcased at CES 2025. Hanwang continues to lead in core independent intellectual property rights in handwriting and OCR technology and maintains dominant market positions with over 70% share in handwriting recognition and 50% in OCR-related markets domestically. Its technology is licensed to international manufacturers, including Microsoft, Nokia, Samsung, Sony Ericsson, and others, supporting a broad global footprint. Hanwang’s operations encompass research and development, IC design, software and information technology services, technology promotion, equity investments, and business applications. It serves both domestic (China) and international markets, particularly in sectors needing advanced character recognition and interactive technologies. The company is recognized for pioneering handwritten Chinese character recognition technology and has received multiple national science and technology awards for its innovations. Hanwang’s continued innovation and strategic corporate developments position it as a leading high-tech enterprise in intelligent recognition technology in China and abroad.