WETH

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Wetouch Technology Inc.

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Key Metrics

Previous Close: $1.25
52-Week Range: $0.82 – $3.68
Market Cap: $16.86M
P/E (TTM): 1.80
EPS (TTM): 0.70
Dividend Yield: —

Advanced Metrics

Price/Book: 0.11
PEG Ratio: —
Return on Equity: 6.25%
Return on Assets: 4.93%
Gross Margin: 31.53%
Operating Margin: 31.18%
Profit Margin: 18.34%
Current Ratio: 32.24
Debt/Equity: 0.00
Total Debt: $370.69K
Free Cash Flow: $7.35M
Revenue Growth: 6.70%
Earnings Growth: 52.40%
Enterprise Value: $-105.11M

WETH Income statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Revenue	$37.92M	$39.71M	$42.28M	$45.14M
Cost of Revenue	$23.87M	$22.52M	$28.67M	$30.77M
Gross Profit	$14.05M	$17.19M	$13.61M	$14.37M
Research & Development	$85.25K	$84.55K	$0.00	—
Selling, General & Admin	$2.55M	$4.46M	$4.29M	$4.40M
Operating Expenses	$2.64M	$4.54M	$4.29M	$4.40M
Operating Income	$11.41M	$12.65M	$9.32M	$9.97M
EBITDA	$12.32M	$12.61M	$9.97M	$10.78M
Pretax Income	$12.08M	$12.35M	$8.69M	$10.16M
Income Tax	$3.35M	$4.08M	$2.66M	$3.00M
Net Income	$8.73M	$8.26M	$6.03M	$7.16M
Diluted EPS	4.73	0.89	—	0.60
Diluted Shares	1.84M	9.38M	—	11.93M

WETH Balance Sheet statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Cash & Equivalents	$51.25M	$98.04M	$103.76M	$118.36M
Receivables	$9.47M	$7.53M	$7.58M	$6.68M
Inventory	$423.28K	$222.10K	$112.33K	$45.20K
Current Assets	$62.18M	$106.78M	$114.14M	$126.10M
Total Assets	$73.11M	$119.64M	$128.02M	$140.64M
Current Liabilities	$4.01M	$6.34M	$2.95M	$3.24M
Total Debt	$1.66M	$1.71M	$1.05M	$521.45K
Total Liabilities	$4.27M	$6.72M	$3.43M	$3.24M
Retained Earnings	$62.37M	$69.48M	$74.63M	$81.79M
Shareholders' Equity	$68.83M	$112.92M	$124.59M	$137.39M
Working Capital	$58.17M	$100.44M	$111.19M	$122.86M

WETH Cash Flow statement, annual periods, in USD
USD	FY2022	FY2023	FY2024	FY2025
Operating Cash Flow	$8.59M	$12.72M	$1.07M	$7.39M
Capital Expenditure	—	-$2.26M	-$271.83K	-$322.30K
Free Cash Flow	$8.59M	$10.46M	$797.25K	$7.07M
Depreciation & Amortisation	$9.89K	$9.40K	$108.19K	$623.53K
Stock-Based Compensation	$0.00	—	—	—
Investing Cash Flow	$0.00	-$2.26M	-$271.83K	-$322.30K
Financing Cash Flow	-$652.63K	$39.95M	$7.59M	$0.00
Net Change in Cash	$7.93M	$50.41M	$8.39M	$7.07M

WETH Income statement, quarterly periods, in USD
USD	Q4 2024	Q1 2025	Q3 2025	Q4 2025	Q1 2026
Revenue	$3.63M	—	$12.18M	$5.25M	$16.31M
Cost of Revenue	$2.66M	—	$8.20M	$4.61M	$10.49M
Gross Profit	$971.68K	—	$3.98M	$638.58K	$5.82M
Research & Development	-$129.81K	—	$0.00	—	—
Selling, General & Admin	$1.30M	—	$852.48K	$854.20K	$736.96K
Operating Expenses	$1.17M	—	$852.48K	$854.20K	$736.96K
Operating Income	-$195.80K	—	$3.13M	-$215.62K	$5.09M
EBITDA	$127.86K	$4.13M	$3.31M	$3.29K	$5.25M
Pretax Income	$26.97K	—	$3.16M	-$156.39K	$5.11M
Income Tax	-$82.92K	—	$635.68K	$14.84K	$1.24M
Net Income	$109.89K	—	$2.53M	-$171.23K	$3.87M
Diluted EPS	—	—	0.21	—	0.32
Diluted Shares	—	—	11.93M	—	11.93M

WETH Cash Flow statement, quarterly periods, in USD
USD	Q4 2024	Q1 2025	Q3 2025	Q4 2025	Q1 2026
Operating Cash Flow	—	—	$3.81M	-$1.10M	$519.50K
Free Cash Flow	—	—	$3.81M	-$1.42M	$519.50K
Depreciation & Amortisation	—	—	$150.65K	$159.68K	$166.43K
Investing Cash Flow	—	—	$0.00	-$322.30K	$0.00
Financing Cash Flow	—	—	$0.00	$0.00	$0.00
Net Change in Cash	$2.04M	$2.64M	$3.81M	-$1.42M	$519.50K

Market Snapshot

About

Wetouch Technology is a China-based company engaged in the research, development, and production of touch panel products. The company provides touch screen solutions for various consumer electronics, industrial, and automotive applications. Wetouch serves customers in domestic and international markets.