Wetouch Technology Inc. (WETH)
NASDAQ: WETH · Real-Time Price · USD
1.268
+0.018 (1.46%)
Aug 24, 2026, 10:04 AM EDT - Market open

Wetouch Technology Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
47.7445.1442.2839.7137.9240.79
Revenue Growth
11.34%6.76%6.48%4.70%-7.02%30.11%
Gross Profit
15.3214.3713.6117.1914.0518.43
Operating Income
11.169.979.3212.6511.4112.62
Net Income
8.397.166.038.268.7317.39
Earnings Per Share
0.700.600.520.894.7310.93
EPS Growth
10.59%15.70%-41.73%-81.18%-56.73%76.30%

Revenue by Geography

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PRC
32.8530.9327.3427.6726.4427.21
Republic of China (ROC, or Taiwan)
8.598.138.326.266.157.25
South Korea
6.276.036.465.625.225.96
Others
0.030.030.160.160.130.36
Total
47.7445.1442.2839.7137.9340.79

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
127.52118.36103.7698.0451.2546.16
Total Debt
0.220.521.051.241.662.03
Net Cash (Debt)
127.3117.84102.7196.849.5944.13
Net Cash Growth
16.11%14.74%6.10%95.21%12.36%84.17%
Net Cash Per Share
10.599.888.7910.3326.8927.03

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
8.187.391.0712.728.5914.05
Capital Expenditures
-0.32-0.32-0.27-2.26--11.7
Free Cash Flow
7.867.070.810.468.592.36
Free Cash Flow Growth
-28.04%786.71%-92.38%21.83%264.44%-81.83%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
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%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
1.792.233.506.010.731.34
P/FCF Ratio
2.132.2626.494.750.749.88
PS Ratio
0.350.350.501.250.170.57