YOLFTbeta
Wetouch Technology Inc. Common Stock

Wetouch Technology Inc. Common Stock

WETH · NASDAQ · Technology / Electronic Components

0.8043USD-0.01 (-1.07%)

Price History

Full chart

Market Stats

Previous Close0.813
Open0.8836
Day Range0.7824 – 0.8836
52-Week Range0.8908 – 3.56
Volume78.30K
Market Cap13.65M
P/E (TTM)1.44
Forward P/E0.00
EPS0.71
Dividend Yield3.15%
Beta0.75
50-Day Avg1.16
200-Day Avg1.44

About

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.

Company Details

  • SectorTechnology
  • IndustryElectronic Components
  • CEOMr. Zongyi Lian
  • Employees152
  • HeadquartersNo. 29, Third Main Avenue, Meishan, China, 620500, USA
  • Websitehttps://www.wetouchinc.com

Leadership

  • Mr. Zongyi LianCEO, President & Director · b. 1965
  • Ms. Xing TangChief Financial Officer · b. 1967
  • Mr. Jian FengSecretary & Director · b. 1998

Financials

Income Statement

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue-40.00M31.35M40.79M37.92M39.71M42.28M45.14M
Growth (%)---21.64%+30.11%-7.02%+4.70%+6.48%+6.76%
Cost of Revenue-21.30M15.74M22.35M23.87M22.52M28.67M30.77M
Gross Profit-18.70M15.61M18.43M14.05M17.19M13.61M14.37M
Gross Margin-46.75%49.80%45.19%37.05%43.30%32.18%31.84%
Operating Expense-1.70M3.73M5.81M2.64M4.54M4.29M4.40M
Operating Income-17.00M11.88M12.62M11.41M12.65M9.32M9.97M
Operating Margin-42.50%37.90%30.95%30.10%31.86%22.04%22.08%
EBITDA-18.04M12.94M22.20M12.32M12.61M9.97M10.78M
EBITDA Margin-45.09%41.27%54.44%32.48%31.76%23.57%23.89%
Net Income-13.72M8.93M17.39M8.73M8.26M6.03M7.16M
Net Income Margin-34.29%28.49%42.63%23.02%20.81%14.26%15.86%
R&D-136.43K78.00K89.48K85.25K84.55K0-
R&D as % of Total Revenue-0.34%0.25%0.22%0.22%0.21%0.00%-
Interest Expense016.88K1.73M2.75K224.88K252.32K1.17M1.17M
Interest Expense % of Total Revenue-0.04%5.52%0.01%0.59%0.64%2.77%2.59%

Balance Sheet

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-41.74M47.06M68.68M73.11M119.64M128.02M140.77M
Total Liabilities-9.44M2.71M4.37M4.27M6.72M3.43M3.37M
Total Equity-31.67M44.35M64.31M68.83M112.92M124.59M137.39M
Cash-14.28M23.96M46.16M51.25M98.04M103.76M118.36M
Total Debt-430.92K-2.03M1.66M1.71M-521.45K
Net Debt--13.85M-23.96M-46.16M-49.59M-96.33M--117.84M

Cash Flow

Currency: USD2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow8.92M10.16M12.96M14.05M8.59M12.72M1.07M7.39M
Investing Cash Flow-5.68K-5.01K6.16M6.16M--2.26M--322.30K
Financing Cash Flow-7.47M-13.53M-4.70M1.86M-652.63K39.95M7.59M7.45M
Capital Expenditure5.68K5.01K311.70M02.26M271.83K322.30K
Free Cash Flow-10.16M12.96M2.36M8.59M10.46M797.25K7.07M
FCF to OCF-99.95%100.00%16.77%100.00%82.21%74.57%95.64%

Earnings

Report DateJun 10, 1996Mar 31, 2019Jun 30, 2019Sep 30, 2019Mar 31, 2020Jun 30, 2020Sep 30, 2020Dec 31, 2020Mar 31, 2021Jun 30, 2021Sep 30, 2021Dec 31, 2021Mar 31, 2022Jun 30, 2022Sep 30, 2022Dec 31, 2022Mar 31, 2023Jun 30, 2023Sep 30, 2023Nov 14, 2024Sep 11, 2025Nov 12, 2025Aug 14, 2026Nov 11, 2026
EPS Estimate30000.60---0.000.000.000.000.000.000.00--------0.000.000.00--
EPS Actual30000.60-0.190.000.010.040.070.170.010.260.160.100.431.571.801.91-0.030.340.480.290.220.010.210.18-
Surprise0.00%-----------------------
TimingAfter-hours-----------------------

Key Statistics & Ratios

Market Cap13.65M
Enterprise Value-113.52M
Trailing P/E1.44
Forward P/E0.00
Price / Sales0.29
Price / Book0.09
EPS0.71
Book Value11.52
Revenue (TTM)47.74M
Gross Profit (TTM)15.32M
EBITDA11.21M
Profit Margin17.57%
Operating Margin22.60%
Return on Equity5.98%
Return on Assets4.82%
Shares Outstanding13.38M
Shares Float12.58M
Beta0.75
Dividend Yield3.15%
Dividend Rate0.00
Payout Ratio10.26%

Ownership Breakdown

Institutions
1.97%
Insiders
1.81%
Retail / Other
96.22%

Top Institutional Holders

  • Bridgeway Capital Management, LLC
    94.40K0.71%
  • Renaissance Technologies Corp
    56.50K0.42%
  • Citadel Advisors Llc
    26.48K0.20%
  • XTX Topco Ltd
    26.01K0.19%
  • Jane Street Group LLC
    25.37K0.19%
  • HighTower Advisors, LLC
    21.50K0.16%
  • PRIMORIS WEALTH ADVISORS, LLC
    20.00K0.15%
  • HRT FINANCIAL LLC
    14.39K0.11%
  • SRS Capital Advisors Inc
    10.00K0.07%
  • U.S. Capital Wealth Advisors, LLC
    10.00K0.07%
  • Advisor Group Holdings, Inc.
    5.00K0.04%
  • UBS Group AG
    2.39K0.02%
  • Citigroup Inc
    10.00%
  • Argentarii, LLC
    00.00%
  • TWO SIGMA SECURITIES, LLC
    00.00%

Top Fund Holders

  • Bridgeway Ultra-Small Company
    108.90K0.81%

Dividends

20261×
0.04Aug 17, 2026

Stock Splits

  • Sep 12, 20231:20
  • Oct 6, 20201:70
  • Dec 16, 20091:100