Wetouch Technology Inc. (WETH)
| Market Cap | 19.93M |
| Revenue (ttm) | 41.02M |
| Net Income (ttm) | 3.86M |
| Shares Out | 11.93M |
| EPS (ttm) | 0.34 |
| PE Ratio | 4.86 |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 49,022 |
| Open | 1.640 |
| Previous Close | 1.690 |
| Day's Range | 1.592 - 1.690 |
| 52-Week Range | 1.130 - 5.700 |
| Beta | 0.06 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Dec 3, 2024 |
About WETH
Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. The company offers various touch panels, including glass-glass, which are primarily 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 entertai... [Read more]
Financial Performance
In 2023, Wetouch Technology's revenue was $39.71 million, an increase of 4.70% compared to the previous year's $37.92 million. Earnings were $8.26 million, a decrease of -5.34%.
Financial StatementsNews
Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program
CHENGDU, China , July 8, 2024 /PRNewswire/ -- Wetouch Technologies Inc. (NASDAQ: WETH) ("Wetouch" or the "Company"), a leading innovator in the global touch display industry, today announced a stock b...
WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders
CHENGDU, China , June 24, 2024 /PRNewswire/ -- WeTouch Technology Inc., (NASDAQ: WETH) ("WeTouch" or the "Company"), a leading innovator in the global touch display industry, today released CEO Zongyi...
WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million
First Quarter Fiscal Year 2024 Revenue Reaches $14.9 Million, Marking an 11.2% Increase from 1Q 2023 CHENGDU, China , June 17, 2024 /PRNewswire/ -- WeTouch Technology Inc., (NASDAQ: WETH) ("WeTouch" o...
Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders
CHENGDU, China , May 6, 2024 /PRNewswire/ -- Wetouch Technology Inc. (Nasdaq: WETH) proudly announces the launch of its highly anticipated second-generation touchable screen products. These innovative...
Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023
CHENGDU, China , April 22, 2024 /PRNewswire/ -- Wetouch Technology Inc. (NASDAQ: WETH), a trailblazer in the global touch display industry, is pleased to announce its revenue guidance of $56.3 million...
Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023
CHENGDU, China , April 1, 2024 /PRNewswire/ -- Wetouch Technology Inc. (NASDAQ: WETH), a leading innovator in the global touch display industry, proudly announces its robust financial performance for ...
Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market
CHENGDU, China , March 18, 2024 /PRNewswire/ -- Wetouch Technology Inc.(NASDAQ: WETH), a pioneering force in the global touch display industry, is proud to announce its latest milestone in establishin...
WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH )
LOS ANGELES--(BUSINESS WIRE)--WestPark Capital, Inc., a full-service investment bank and securities broker-dealer, today announced the closing of a $10.8 Million public offering for Wetouch Technology...
U.S. IPO Weekly Recap: Reddit And Astera Labs Join The IPO Pipeline In Short Week
The first part of the body of the minutes focused on evidence regarding the current state of the economy, employment, and inflation. The most interesting part of the minutes related to how participant...
Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock
Meishan, Sichuan, China, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (Nasdaq: WETH) (“Wetouch” or the “Company”), a Nevada company, through its wholly-owned subsidiary, engaged in the r...
Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market
Meishan, Sichuan, China, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (Nasdaq: WETH) (“Wetouch” or the “Company”), a Nevada company, through its wholly-owned subsidiary, engaged in the r...
Wetouch Technology Inc. Announces Construction Progress on New Production Facility
Chengdu, China, Sept. 22, 2022 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...
Wetouch Technology Inc. (WETH) Announces FY2022 Financial Guidance
Chengdu, China, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...
Wetouch Technology Starts $58 Million U.S. IPO Process
Wetouch Technology has filed to raise $57.5 million in an uplisting IPO to the Nasdaq.
Wetouch Technology Inc. (WETH) Reports Second Quarter 2021 Unaudited Financial Results
- Revenues increased by 1 86.8 % to $ 15.2 million-
Wetouch Technology Inc. (WETH) Reports First Quarter 2021 Unaudited Financial Results
- Revenues increased by 202.3% to $10.7 million-
Wetouch Technology Inc. (WETH) Receives Approval to trade on the OTCQB Market
Chengdu, China, March 31, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...
Wetouch Technology Inc. (WETH) Plans to Relocate to Chengdu and Receives $17.7 million compensation
Chengdu, China, March 22, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens...
Correction--Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications
Chengdu, China, Jan. 21, 2021 (GLOBE NEWSWIRE) -- In the news release, " Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications" issued on 20-Jan-2021 by ...
Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products from Air China Limited for Aviation Applications
Chengdu, China, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens,...
Wetouch Technology Inc. (WETH) Sees Increased Demand of Its Touchscreen Products for Medical Devices in Response to COVID-19 Pandemic
Chengdu, China, Jan. 04, 2021 (GLOBE NEWSWIRE) -- Wetouch Technology Inc. (OTC: WETH) ("Wetouch" or "the Company"), a specialty manufacturer of medium to large sized projected capacitive touchscreens,...