Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

0.8600

+0.0650 (8.18%)

At close: Nov 11, 2026, 4:00 PM EST

0.8941

+0.0341 (3.97%)

After-hours: Nov 11, 2026, 5:53 PM EST

Wetouch Technology Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	47.74	45.14	42.28	39.71	37.92	40.79
Revenue Growth	11.34%	6.76%	6.48%	4.70%	-7.02%	30.11%
Gross Profit	15.32	14.37	13.61	17.19	14.05	18.43
Operating Income	11.16	9.97	9.32	12.65	11.41	12.62
Net Income	8.39	7.16	6.03	8.26	8.73	17.39
Earnings Per Share	0.70	0.60	0.52	0.89	4.73	10.93
EPS Growth	10.59%	15.70%	-41.73%	-81.18%	-56.73%	76.30%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PRC	32.85	30.93	27.34	27.67	26.44	27.21
Republic of China (ROC, or Taiwan)	8.59	8.13	8.32	6.26	6.15	7.25
South Korea	6.27	6.03	6.46	5.62	5.22	5.96
Others	0.03	0.03	0.16	0.16	0.13	0.36
Total	47.74	45.14	42.28	39.71	37.93	40.79

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	127.52	118.36	103.76	98.04	51.25	46.16
Total Debt	0.22	0.52	1.05	1.24	1.66	2.03
Net Cash (Debt)	127.3	117.84	102.71	96.8	49.59	44.13
Net Cash Growth	16.11%	14.74%	6.10%	95.21%	12.36%	84.17%
Net Cash Per Share	10.59	9.88	8.79	10.33	26.89	27.03

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	8.18	7.39	1.07	12.72	8.59	14.05
Capital Expenditures	-0.32	-0.32	-0.27	-2.26	-	-11.7
Free Cash Flow	7.86	7.07	0.8	10.46	8.59	2.36
Free Cash Flow Growth	-28.04%	786.71%	-92.38%	21.83%	264.44%	-81.83%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	32.10%	31.84%	32.18%	43.30%	37.05%	45.19%
Operating Margin	23.38%	22.08%	22.04%	31.86%	30.10%	30.95%
Pretax Margin	23.68%	22.51%	20.55%	31.10%	31.86%	53.44%
Profit Margin	17.57%	15.86%	14.27%	20.81%	23.02%	42.63%
FCF Margin	16.47%	15.66%	1.89%	26.35%	22.64%	5.78%

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '26 Nov 11, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	1.23	2.23	3.50	6.01	0.73	1.34
P/FCF Ratio	4.49	2.26	26.49	4.75	0.74	9.88
PS Ratio	0.74	0.35	0.50	1.25	0.17	0.57