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

CNY4.97 +0.14 (+2.90%)
CN SHZ Industrials Electrical Equipment & Parts
Address Ocean's King Science & Technology Tower 518107
Shenzhen, CN
CEO Lin Cheng
IPO 2014-11-04
ISIN CNE100001WG4

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Description

Ocean's King Lighting Science & Technology Co., Ltd., established in 1995 and operating from its headquarters in Shenzhen, China, is a comprehensive enterprise focused on specialized lighting solutions. The company is actively involved in the entire process from conceptual research and development to the production and global sale of these professional illumination products, catering to both domestic and international clientele. Their extensive product catalog features a variety of lighting fixtures, including stationary and mobile units designed for general professional use, as well as specialized explosion-proof versions for hazardous environments. Beyond their core lighting offerings, Ocean's King also supplies essential control devices such as detectors, controllers, and gateways, alongside a range of supplementary services. These sophisticated lighting and control systems are crucial for diverse heavy industries, finding applications across sectors like power generation, mining, general industrial operations, oil and gas exploration, water and wastewater management, transportation, public utilities, and the petrochemical industry.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CNY4.97 +0.14 (+2.90%)
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Volume Profile
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Liquidity & share structure
Average Volume
9M
Beta
0.44
Float Shares
740.80M
Free Float %
96.5%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.66% -2.76% -14.67% -20.35% -15.99% -11.65% -6.26% -29.53% -46.66% -40.16% -15.75%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
4.97
DCF (Unlevered) 4.46 -10.3%
DCF (Levered) 11.78 +136.9%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 100% Bullish
Rating 2026-03 Change
Strong Buy 0 0
Buy 1 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
6.20
Safe zone
Piotroski F-Score
6 / 9
Average
MOAT Score
3 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
5 / 5
High
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
4 / 5
High
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Electrical Equipment & Parts: +13.1%
    +0.5% Q1'26: -10.6% (vs Q1'25)
  • EPS growth Electrical Equipment & Parts: +22.4%
    +173.7% Q1'26: -318.3% (vs Q1'25)
  • FCF margin FCF growth · Electrical Equipment & Parts: +27.2%
    +10.3% Q1'26: -48.2% (vs Q1'25)
  • EBIT margin Electrical Equipment & Parts: +8.2%
    +6.3% Q1'26: -3.6% (vs Q1'25)
  • ROIC Electrical Equipment & Parts: +6.4%
    +5.6% Q1'26: -2.5% (vs Q1'25)
  • Share dilution Electrical Equipment & Parts: +0.0%
    -0.1% Q1'26: -0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Electrical Equipment & Parts: -0.54×
    0.08× Q1'26: -0.28× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.74) × ERP
WACC = 100% × Ke + 0% × Kd (8.8%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 4.40 Current price: 4.97
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Revenue
1.49B
est: 1.50B (0.0%)
1.70B
est: 1.80B (-5.4%)
2.11B
est.
2.11B
est: 1.93B (+9.5%)
1.73B
est: 2.01B (-13.8%)
1.70B
est: 2.01B (-15.4%)
1.71B
est: 2.32B (-26.3%)
1.72B
est: 2.98B (-42.2%)
EBITDA
327.19M
est: 145.04M (+125.6%)
418.50M
est: 174.73M (+139.5%)
204.61M
est.
518.90M
est: 187.24M (+177.1%)
196.53M
est: 195.10M (+0.7%)
66.31M
est: 195.10M (-66.0%)
-297.41M
est: 147.75M (-301.3%)
160.94M
est: 189.46M (-15.1%)
EBIT
292.62M
est: 107.06M (+173.3%)
382.25M
est: 128.97M (+196.4%)
151.02M
est.
480.97M
est: 138.21M (+248.0%)
155.75M
est: 144.01M (+8.2%)
24.46M
est: 144.01M (-83.0%)
-338.01M
est: 91.79M (-468.2%)
108.20M
est: 117.70M (-8.1%)
Net Income
257.30M
est: 277.80M (-7.4%)
300.79M
est: 308.67M (-2.6%)
393.55M
est.
392.33M
est: 216.07M (+81.6%)
139.06M
est: 308.67M (-54.9%)
43.67M
est: 308.67M (-85.9%)
-146.70M
est: 385.65M (-138.0%)
110.06M
est: 439.64M (-75.0%)
SGA
708.19M
est: 369.84M (+91.5%)
636.25M
est: 445.54M (+42.8%)
521.74M
est.
758.77M
est: 477.46M (+58.9%)
764.13M
est: 497.49M (+53.6%)
795.55M
est: 497.49M (+59.9%)
871.36M
est: 875.50M (-0.5%)
185.26M
est: 1.12B (-83.5%)
EPS
0.36
est: 0.36 (+0.0%)
0.40
est: 0.40 (+0.0%)
0.51
est.
0.50
est: 0.28 (+78.6%)
0.18
est: 0.40 (-55.0%)
0.06
est: 0.40 (-85.9%)
-0.19
est: 0.50 (-138.0%)
0.14
est: 0.57 (-75.4%)
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B+ 3/5 5/5 2/5 3/5 4/5 1/5 3/5
2026-05-11 B+ 3/5 5/5 2/5 3/5 4/5 1/5 3/5
2026-05-08 B+ 3/5 5/5 2/5 3/5 4/5 1/5 3/5
2026-05-07 B+ 3/5 5/5 2/5 3/5 4/5 1/5 3/5
2026-05-06 B+ 3/5 5/5 2/5 3/5 4/5 1/5 3/5
2026-04-30 B- 2/5 5/5 1/5 1/5 3/5 1/5 3/5
2026-04-29 B- 2/5 5/5 1/5 1/5 3/5 1/5 3/5
2026-04-28 C+ 2/5 4/5 1/5 1/5 3/5 1/5 3/5
2026-04-27 C+ 2/5 4/5 1/5 1/5 3/5 1/5 3/5
2026-04-24 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-04-23 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-04-22 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-04-21 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-04-20 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-04-17 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5
2026-04-16 C+ 2/5 4/5 1/5 1/5 2/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-199.54M
OE per share TTM
-0.26
Owner's Yield
-4.26%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
22.4%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 3 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 Dimensional - Emerging Markets Value ETF DFEV 0.00% 17.1K 0.46%
2 Dimensional - Emerging Core Equity Market ETF DFAE 0.00% 32.8K 0.29%
3 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 22.8K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
33.2K
Shares Outstanding
767.52M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Chun Wang Vice President & Director male
Hongyu Lin Vice President male
Liangjie Qiu Rotating President & Director male
Lilai Liao Accounting Supervisor
Lin Cheng Rotating President & Director male
Liyu Zhu Financial Director male
Yan Chen Board Secretary & Vice Chairman female
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits