Wetouch Technology Inc. (WETH)

NASDAQ: WETH · Real-Time Price · USD

1.005

-0.165 (-14.10%)

At close: Aug 3, 2026, 4:00 PM EDT

0.9831

-0.0220 (-2.18%)

Pre-market: Aug 4, 2026, 8:22 AM EDT

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	Mar '26 Mar 31, 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	46.16	45.14	42.28	39.71	37.92	40.79
Revenue Growth	8.12%	6.76%	6.48%	4.70%	-7.02%	30.11%
Gross Profit	14.55	14.37	13.61	17.19	14.05	18.43
Operating Income	11.08	9.97	9.32	12.65	11.41	12.62
Net Income	8.46	7.16	6.03	8.26	8.73	17.39
Earnings Per Share	0.71	0.60	0.52	0.89	4.73	11.00
EPS Growth	5.97%	15.38%	-41.57%	-81.18%	-57.00%	77.42%

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	31.63	30.93	27.34	27.67	26.44	27.21
Republic of China (ROC, or Taiwan)	8.45	8.13	8.32	6.26	6.15	7.25
South Korea	6.05	6.03	6.46	5.62	5.22	5.96
Others	-	0.03	0.16	0.16	0.13	0.36
Total	46.16	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	Mar '26 Mar 31, 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	120.52	118.36	103.76	98.04	51.25	46.16
Total Debt	0.37	0.52	1.05	1.24	1.66	2.03
Net Cash (Debt)	120.15	117.84	102.71	96.8	49.59	44.13
Net Cash Growth	13.93%	14.74%	6.10%	95.21%	12.36%	84.17%
Net Cash Per Share	10.07	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	Mar '26 Mar 31, 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	5.87	7.39	1.07	12.72	8.59	14.05
Capital Expenditures	-	-0.32	-0.27	-2.26	-	-11.7
Free Cash Flow	5.87	7.07	0.8	10.46	8.59	2.36
Free Cash Flow Growth	-51.74%	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	Mar '26 Mar 31, 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	31.53%	31.84%	32.18%	43.30%	37.05%	45.19%
Operating Margin	24.00%	22.08%	22.04%	31.86%	30.10%	30.95%
Pretax Margin	24.34%	22.51%	20.55%	31.10%	31.86%	53.44%
Profit Margin	18.34%	15.86%	14.26%	20.81%	23.02%	42.63%
FCF Margin	12.72%	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	Aug '26 Aug 4, 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	1.42	2.23	3.40	7.30	0.80	1.33
P/FCF Ratio	2.16	2.26	26.49	5.77	0.74	9.88
PS Ratio	0.26	0.35	0.50	1.52	0.17	0.57