WETH
Wetouch Technology Inc.
Price Chart
Latest Quote
$1.32
-0.05 (-3.65%)
Current Price
| Previous Close | $1.37 |
| Open | $1.37 |
| Day High | $1.39 |
| Day Low | $1.31 |
| Volume | 41,467 |
Stock Information
| Shares Outstanding | 11.93M |
| Total Debt | $371K |
| Cash Equivalents | $120.52M |
| Revenue | $46.16M |
| Net Income | $8.46M |
| Sector | Technology |
| Industry | Electronic Components |
| Market Cap | $15.75M |
| P/E Ratio | 1.86 |
| EPS (TTM) | $0.71 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $-104.40M |
| Sales | $46.16M |
| Income | $8.46M |
| Book/sh | $11.33 |
| Cash/sh | $10.10 |
| Employees | 152 |
Financial Ratios
| Quick Ratio | 31.98 |
| Current Ratio | 32.24 |
| Debt/Eq | 0.26 |
| EPS Growth TTM | 50.90% |
Returns & Margins
| ROA | 4.93% |
| ROE | 6.25% |
| Gross Margin | 31.53% |
| Operating Margin | 31.18% |
| Profit Margin | 18.34% |
Ownership
| Insider Ownership | 0.13% |
| Institutional Ownership | 4.32% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| P/S | 0.34 |
| P/B | 0.12 |
Analyst Data
| Recommendation | none |
Technical Indicators
| SMA20 | $1.52 |
| SMA50 | $1.58 |
| SMA200 | $1.65 |
| RSI | 38.16 |
| ATR | 0.1656 |
| Shares Float | 11.92M |
| Short Float | 0.03% |
| Short Ratio | 0.04 |
| Volatility | 0.75 |
| Rel Volume | 0.30 |
Performance History
| Week | -5.04% |
| Month | -27.47% |
| Quarter | -5.04% |
| 6 Months | -30.89% |
| YTD | -11.41% |
| Year | +35.38% |
| 10 Years | -56.72% |
Stock Score:
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Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-05 | $1.32 | 41,500 |
| 2026-06-04 | $1.37 | 101,900 |
| 2026-06-03 | $1.43 | 179,000 |
| 2026-06-02 | $1.38 | 91,000 |
| 2026-06-01 | $1.34 | 160,300 |
| 2026-05-29 | $1.39 | 89,800 |
| 2026-05-28 | $1.40 | 124,800 |
| 2026-05-27 | $1.47 | 298,100 |
| 2026-05-26 | $1.55 | 335,800 |
| 2026-05-22 | $1.60 | 183,700 |
| 2026-05-21 | $1.50 | 225,200 |
| 2026-05-20 | $1.60 | 171,200 |
| 2026-05-19 | $1.60 | 77,500 |
| 2026-05-18 | $1.59 | 166,500 |
| 2026-05-15 | $1.50 | 61,500 |
| 2026-05-14 | $1.53 | 140,700 |
| 2026-05-13 | $1.67 | 91,500 |
| 2026-05-12 | $1.71 | 45,100 |
| 2026-05-11 | $1.72 | 85,500 |
| 2026-05-08 | $1.78 | 57,100 |
| 2026-05-07 | $1.79 | 25,300 |
| 2026-05-06 | $1.82 | 92,600 |
About Wetouch Technology Inc.
Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large-sized projected capacitive touchscreens in the Republic of China, Taiwan, South Korea, and internationally. The company offers various touch panels, including glass-glass, used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; glass-film-film products that are used in GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry. It also provides plastic-glass for use in GPS/entertainment panels, motor vehicle GPS, smart home products, robots, and charging stations; and glass-films used in industrial HMI. The company's products are also used in automotive, medical, and other specialized industries. Wetouch Technology Inc. was founded in 2011 and is headquartered in Meishan, China.
đ° Latest News
Returns On Capital At Wetouch Technology (NASDAQ:WETH) Paint A Concerning Picture
Simply Wall St. âĸ 2026-01-07T14:38:45Z
Shareholders Can Be Confident That Wetouch Technology's (NASDAQ:WETH) Earnings Are High Quality
Simply Wall St. âĸ 2025-10-18T13:40:30Z
Wetouch Technology's (NASDAQ:WETH) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Simply Wall St. âĸ 2025-09-24T11:41:32Z
There Are Reasons To Feel Uneasy About Wetouch Technology's (NASDAQ:WETH) Returns On Capital
Simply Wall St. âĸ 2025-07-17T10:12:14Z
Period:
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Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $30,766,304 | $28,673,574 | $22,515,219 | $23,872,632 |
| Cost Of Revenue | $30,766,304 | $28,673,574 | $22,515,219 | $23,872,632 |
| Total Revenue | $45,136,818 | $42,280,373 | $39,705,939 | $37,923,112 |
| Operating Revenue | $45,136,818 | $42,280,373 | $39,705,939 | $37,923,112 |
| Expenses | ||||
| Interest Expense | $0 | $1,169,974 | $252,325 | $224,885 |
| Total Expenses | $35,170,491 | $32,962,966 | $27,055,655 | $26,508,443 |
| Other Income Expense | $35,906 | $389,079 | $-168,741 | $774,750 |
| Other Non Operating Income Expenses | $35,906 | $10,708 | $-47,328 | $-96,927 |
| Net Non Operating Interest Income Expense | $156,627 | $-1,017,638 | $-134,606 | $-106,171 |
| Interest Expense Non Operating | $0 | $1,169,974 | $252,325 | $224,885 |
| Operating Expense | $4,404,187 | $4,289,392 | $4,540,436 | $2,635,811 |
| Selling And Marketing Expense | $569,240 | $752,795 | $608,524 | $1,288,467 |
| General And Administrative Expense | $3,834,947 | $3,536,597 | $3,847,361 | $1,262,093 |
| Other Operating Expenses | - | - | - | - |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Net Interest Income | $156,627 | $-1,017,638 | $-134,606 | $-106,171 |
| Interest Income | $156,627 | $152,336 | $117,719 | $118,714 |
| Normalized Income | $7,160,510 | $5,768,521 | $8,345,556 | $8,100,224 |
| Net Income From Continuing And Discontinued Operation | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Total Operating Income As Reported | $9,966,327 | $9,317,407 | $12,650,284 | $11,414,669 |
| Net Income Common Stockholders | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Net Income | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Net Income Including Noncontrolling Interests | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Net Income Continuous Operations | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Pretax Income | $10,158,860 | $8,688,848 | $12,346,937 | $12,083,248 |
| Interest Income Non Operating | $156,627 | $152,336 | $117,719 | $118,714 |
| Operating Income | $9,966,327 | $9,317,407 | $12,650,284 | $11,414,669 |
| Gross Profit | $14,370,514 | $13,606,799 | $17,190,720 | $14,050,480 |
| Special Income Charges | - | - | - | $0 |
| Per Share | ||||
| Diluted EPS | - | - | $0.89 | $4.73 |
| Basic EPS | - | - | $0.89 | $5.38 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $115,734 | $-40,188 | $241,455 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $10,782,391 | $9,588,643 | $12,730,078 | $11,446,347 |
| Reconciled Depreciation | $623,531 | $108,192 | $9,403 | $9,891 |
| EBITDA (Bullshit earnings) | $10,782,391 | $9,967,014 | $12,608,665 | $12,318,024 |
| EBIT | $10,158,860 | $9,858,822 | $12,599,262 | $12,308,133 |
| Diluted NI Availto Com Stockholders | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Tax Provision | $2,998,350 | $2,657,690 | $4,082,606 | $3,352,802 |
| Selling General And Administration | $4,404,187 | $4,289,392 | $4,455,885 | $2,550,560 |
| Other Gand A | $3,834,947 | $3,536,597 | $3,847,361 | $1,262,093 |
| Total Unusual Items | - | $378,371 | $-121,413 | $871,677 |
| Total Unusual Items Excluding Goodwill | - | $378,371 | $-121,413 | $871,677 |
| Gain On Sale Of Security | - | $378,371 | $-121,413 | $871,677 |
| Research And Development | - | $0 | $84,551 | $85,251 |
| Diluted Average Shares | - | - | $9,375,105 | $1,843,767 |
| Basic Average Shares | - | - | $9,285,815 | $1,620,511 |
| Gain On Sale Of Ppe | - | - | - | $0 |
| Salaries And Wages | - | - | - | $0 |
Fetched: 2026-05-30
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $136,849,359 | $124,585,665 | $112,920,610 | $68,834,187 |
| Total Assets | $140,637,048 | $128,019,463 | $119,641,398 | $73,105,752 |
| Total Non Current Assets | $14,533,744 | $13,879,602 | $12,859,863 | $10,923,610 |
| Non Current Prepaid Assets | $4,510,973 | $0 | - | - |
| Non Current Deferred Assets | $71,223 | $41,397 | $0 | - |
| Non Current Deferred Taxes Assets | $71,223 | $41,397 | $0 | - |
| Goodwill And Other Intangible Assets | $544,118 | - | - | - |
| Other Intangible Assets | $544,118 | - | - | - |
| Current Assets | $126,103,304 | $114,139,861 | $106,781,535 | $62,182,142 |
| Prepaid Assets | $1,014,836 | $2,683,900 | $926,715 | $960,004 |
| Inventory | $45,202 | $112,327 | $222,102 | $423,276 |
| Receivables | $6,679,818 | $7,583,310 | $7,527,362 | $9,466,743 |
| Other Receivables | $69,410 | $78,680 | $72,110 | $53,520 |
| Taxes Receivable | $105,370 | - | $0 | $355,482 |
| Accounts Receivable | $6,505,038 | $7,504,630 | $7,455,252 | $9,057,741 |
| Allowance For Doubtful Accounts Receivable | $-497 | $0 | $0 | $0 |
| Gross Accounts Receivable | $6,505,535 | $7,504,630 | $7,455,252 | $9,057,741 |
| Cash Cash Equivalents And Short Term Investments | $118,363,448 | $103,760,324 | $98,040,554 | $51,250,505 |
| Cash And Cash Equivalents | $118,363,448 | $103,760,324 | $98,040,554 | $51,250,505 |
| Cash Financial | $118,363,448 | $103,760,324 | $98,040,554 | $51,250,505 |
| Other Current Assets | - | - | $64,802 | $81,614 |
| Current Deferred Assets | - | - | - | $0 |
| Debt | ||||
| Total Debt | $521,454 | $1,054,145 | $1,708,717 | $1,663,073 |
| Long Term Debt And Capital Lease Obligation | $0 | $482,606 | $0 | - |
| Current Debt And Capital Lease Obligation | $521,454 | $571,539 | $1,708,717 | $1,663,073 |
| Current Debt | - | - | $1,708,717 | $1,663,073 |
| Other Current Borrowings | - | - | $1,708,717 | $1,663,073 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $3,243,571 | $3,433,798 | $6,720,788 | $4,271,565 |
| Total Non Current Liabilities Net Minority Interest | $0 | $482,606 | $378,371 | $256,957 |
| Current Liabilities | $3,243,571 | $2,951,192 | $6,342,417 | $4,014,608 |
| Other Current Liabilities | $147,101 | $248,836 | $288,704 | $143,803 |
| Current Deferred Liabilities | $0 | $166,535 | $182,277 | $397,886 |
| Payables And Accrued Expenses | $2,575,016 | $1,964,282 | $4,162,719 | $1,809,846 |
| Payables | $2,096,240 | $1,723,182 | $783,830 | $1,598,352 |
| Total Tax Payable | $746,170 | $309,990 | $143,035 | $22,413 |
| Accounts Payable | $1,063,759 | $1,263,981 | $640,795 | $1,383,094 |
| Derivative Product Liabilities | - | $0 | $378,371 | $256,957 |
| Interest Payable | - | $0 | $240,805 | $122,135 |
| Income Tax Payable | - | - | $0 | $22,152 |
| Other Payable | - | - | - | $191,180 |
| Non Current Deferred Liabilities | - | - | - | - |
| Equity | ||||
| Common Stock Equity | $137,393,477 | $124,585,665 | $112,920,610 | $68,834,187 |
| Total Equity Gross Minority Interest | $137,393,477 | $124,585,665 | $112,920,610 | $68,834,187 |
| Stockholders Equity | $137,393,477 | $124,585,665 | $112,920,610 | $68,834,187 |
| Gains Losses Not Affecting Retained Earnings | $3,089,981 | $-2,557,321 | $-80,340 | $3,063,437 |
| Other Equity Adjustments | $3,089,981 | $-2,557,321 | $-80,340 | $3,063,437 |
| Retained Earnings | $81,789,884 | $74,629,374 | $69,477,092 | $62,366,892 |
| Other | ||||
| Ordinary Shares Number | $11,931,534 | $11,931,534 | $9,732,948 | $1,680,248 |
| Share Issued | $11,931,534 | $11,931,534 | $9,732,948 | $1,680,248 |
| Tangible Book Value | $136,849,359 | $124,585,665 | $112,920,610 | $68,834,187 |
| Invested Capital | $137,393,477 | $124,585,665 | $114,629,327 | $70,497,260 |
| Working Capital | $122,859,733 | $111,188,669 | $100,439,118 | $58,167,534 |
| Capital Lease Obligations | $521,454 | $1,054,145 | $0 | - |
| Total Capitalization | $137,393,477 | $124,585,665 | $112,920,610 | $68,834,187 |
| Additional Paid In Capital | $52,501,680 | $52,501,680 | $43,514,125 | $3,402,178 |
| Capital Stock | $11,932 | $11,932 | $9,733 | $1,680 |
| Common Stock | $11,932 | $11,932 | $9,733 | $1,680 |
| Long Term Capital Lease Obligation | $0 | $482,606 | $0 | - |
| Current Deferred Revenue | $0 | $166,535 | $182,277 | $397,886 |
| Current Capital Lease Obligation | $521,454 | $571,539 | $0 | - |
| Current Accrued Expenses | $478,776 | $241,100 | $3,378,889 | $211,494 |
| Dueto Related Parties Current | $286,311 | $149,211 | $0 | $1,665 |
| Net PPE | $9,407,430 | $13,838,205 | $12,859,863 | $10,923,610 |
| Accumulated Depreciation | $-39,609 | $-32,378 | $-23,348 | $-14,381 |
| Gross PPE | $9,447,039 | $13,870,583 | $12,883,211 | $10,937,991 |
| Construction In Progress | $8,863,391 | $12,755,791 | $12,825,896 | $10,883,051 |
| Other Properties | $521,454 | $1,055,208 | - | - |
| Machinery Furniture Equipment | $49,879 | $47,786 | $45,185 | $42,453 |
| Buildings And Improvements | $12,315 | $11,798 | $12,130 | $12,487 |
| Properties | $0 | $0 | $0 | $0 |
| Pensionand Other Post Retirement Benefit Plans Current | - | - | $84,280 | $89,359 |
| Treasury Shares Number | - | - | - | $0 |
| Non Current Deferred Revenue | - | - | - | - |
| Duefrom Related Parties Current | - | - | - | - |
Fetched: 2026-05-30
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $7,069,266 | $797,248 | $10,460,840 | $8,586,243 |
| Operating Activities | ||||
| Operating Cash Flow | $7,391,570 | $1,069,078 | $12,724,389 | $8,586,243 |
| Cash Flow From Continuing Operating Activities | $7,391,570 | $1,069,078 | $12,724,389 | $8,586,243 |
| Operating Gains Losses | - | $-378,371 | $121,413 | $-774,750 |
| Investing Activities | ||||
| Capital Expenditure | $-322,304 | $-271,830 | $-2,263,549 | - |
| Investing Cash Flow | $-322,304 | $-271,830 | $-2,263,549 | $0 |
| Cash Flow From Continuing Investing Activities | $-322,304 | $-271,830 | $-2,263,549 | $0 |
| Net Other Investing Changes | - | - | - | - |
| Financing Activities | ||||
| Issuance Of Capital Stock | $0 | $8,989,754 | $40,000,000 | $0 |
| Financing Cash Flow | $0 | $7,589,004 | $39,945,000 | $-652,635 |
| Cash Flow From Continuing Financing Activities | $0 | $7,589,004 | $39,945,000 | $-652,635 |
| Net Common Stock Issuance | $0 | $8,989,754 | $40,000,000 | $0 |
| Common Stock Issuance | $0 | $8,989,754 | $40,000,000 | $0 |
| Net Other Financing Charges | - | - | - | $385,791 |
| Other | ||||
| Repayment Of Debt | $0 | $-1,400,750 | $-55,000 | $-1,038,426 |
| Interest Paid Supplemental Data | $0 | $1,186,210 | $0 | $10,000 |
| Income Tax Paid Supplemental Data | $3,026,273 | $2,890,222 | $4,104,184 | $3,391,137 |
| End Cash Position | $118,363,448 | $103,760,324 | $98,040,554 | $51,250,505 |
| Beginning Cash Position | $103,760,324 | $98,040,554 | $51,250,505 | $46,163,704 |
| Effect Of Exchange Rate Changes | $7,533,858 | $-2,666,482 | $-3,615,791 | $-2,846,807 |
| Changes In Cash | $7,069,266 | $8,386,252 | $50,405,840 | $7,933,608 |
| Net Issuance Payments Of Debt | $0 | $-1,400,750 | $-55,000 | $-1,038,426 |
| Net Short Term Debt Issuance | $0 | $-1,400,750 | $-55,000 | $-1,038,426 |
| Short Term Debt Payments | $0 | $-1,400,750 | $-55,000 | $-1,038,426 |
| Net PPE Purchase And Sale | $-322,304 | $-271,830 | $-2,263,549 | $0 |
| Purchase Of PPE | $-322,304 | $-271,830 | $-2,263,549 | $0 |
| Change In Working Capital | $-500,410 | $-4,797,351 | $4,295,587 | $398,188 |
| Change In Other Working Capital | $-27,256 | $-41,993 | - | - |
| Change In Other Current Liabilities | $612,684 | $-98,387 | $0 | - |
| Change In Other Current Assets | $-4,388,965 | $0 | - | - |
| Change In Payables And Accrued Expense | $281,682 | $-2,544,016 | $2,343,169 | $1,239,452 |
| Change In Accrued Expense | $393,236 | $-3,343,142 | $3,071,108 | $661,203 |
| Change In Payable | $-111,554 | $799,126 | $-727,939 | $578,249 |
| Change In Account Payable | $-248,654 | $649,915 | $-704,696 | $637,372 |
| Change In Prepaid Assets | $1,622,597 | $-1,771,602 | $333,415 | $853,426 |
| Change In Inventory | $107,066 | $50,328 | $187,532 | $-197,453 |
| Change In Receivables | $1,291,782 | $-391,681 | $1,431,471 | $-1,497,237 |
| Changes In Account Receivables | $1,291,782 | $-256,681 | $1,347,497 | $-1,497,237 |
| Provisionand Write Offof Assets | $-67,487 | $99,735 | $0 | - |
| Asset Impairment Charge | $175,426 | $0 | $0 | $74,100 |
| Depreciation Amortization Depletion | $623,531 | $108,192 | $9,403 | $9,891 |
| Depreciation And Amortization | $623,531 | $108,192 | $9,403 | $9,891 |
| Depreciation | $623,531 | $108,192 | $9,403 | - |
| Net Income From Continuing Operations | $7,160,510 | $6,031,158 | $8,264,331 | $8,730,446 |
| Change In Tax Payable | - | $0 | $-21,578 | $-41,068 |
| Change In Income Tax Payable | - | $0 | $-21,578 | $-41,068 |
| Other Non Cash Items | - | $5,715 | $33,655 | $148,368 |
| Gain Loss On Investment Securities | - | $-378,371 | $121,413 | $-774,750 |
| Issuance Of Debt | - | - | - | $0 |
| Short Term Debt Issuance | - | - | - | $0 |
| Stock Based Compensation | - | - | - | $0 |
| Deferred Tax | - | - | - | $0 |
| Deferred Income Tax | - | - | - | $0 |
Fetched: 2026-05-30