Wetouch Technology Inc. (WETH)

Wetouch Technology Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	113.19	103.76	98.04	51.25	46.16	23.96
Cash & Short-Term Investments	113.19	103.76	98.04	51.25	46.16	23.96
Cash Growth	6.05%	5.83%	91.30%	11.02%	92.64%	67.82%
Accounts Receivable	10.81	7.5	7.46	9.06	7.99	11.93
Other Receivables	0.06	0.08	0.07	0.41	0.36	0.11
Receivables	10.87	7.58	7.53	9.47	8.36	12.04
Inventory	0.05	0.11	0.22	0.42	0.24	0.4
Prepaid Expenses	0.96	1.84	-	-	-	-
Other Current Assets	0.11	0.84	0.99	1.04	2.08	0.19
Total Current Assets	125.18	114.14	106.78	62.18	56.85	36.6
Property, Plant & Equipment	14.09	13.84	12.86	10.92	11.83	9.49
Other Intangible Assets	0.54	-	-	-	-	0.97
Long-Term Deferred Tax Assets	0.1	0.04	-	-	-	-
Total Assets	139.91	128.02	119.64	73.11	68.68	47.06
Accounts Payable	1.29	1.26	0.64	1.38	0.8	0.89
Accrued Expenses	1.34	0.37	3.33	0.94	0.12	0.96
Short-Term Debt	-	-	1.24	1.66	2.03	-
Current Portion of Leases	0.61	0.57	-	-	-	-
Current Income Taxes Payable	0.7	-	-	0.02	0.07	0.11
Current Unearned Revenue	-	-	-	-	-	0.25
Other Current Liabilities	0.74	0.75	1.13	0	0.22	0.07
Total Current Liabilities	4.69	2.95	6.34	4.01	3.24	2.28
Long-Term Leases	0.05	0.48	-	-	-	-
Long-Term Unearned Revenue	-	-	-	-	-	0.43
Other Long-Term Liabilities	-	-	0.38	0.26	1.13	-
Total Liabilities	4.74	3.43	6.72	4.27	4.37	2.71
Common Stock	0.01	0.01	0.01	0	0.03	0.03
Additional Paid-In Capital	52.5	52.5	43.51	3.4	2.33	1.07
Retained Earnings	90.04	82.7	76.67	68.41	59.68	42.29
Comprehensive Income & Other	-7.38	-10.63	-7.28	-2.98	2.27	0.96
Shareholders' Equity	135.17	124.59	112.92	68.83	64.31	44.35
Total Liabilities & Equity	139.91	128.02	119.64	73.11	68.68	47.06
Total Debt	0.67	1.05	1.24	1.66	2.03	-
Net Cash (Debt)	112.53	102.71	96.8	49.59	44.13	23.96
Net Cash Growth	5.43%	6.10%	95.21%	12.36%	84.17%	149.24%
Net Cash Per Share	9.42	8.79	10.33	26.89	27.03	16.54
Filing Date Shares Outstanding	11.93	11.93	11.93	9.68	1.6	1.59
Total Common Shares Outstanding	11.93	11.93	9.73	1.68	1.59	1.58
Working Capital	120.49	111.19	100.44	58.17	53.6	34.32
Book Value Per Share	11.33	10.44	11.60	40.97	40.43	28.16
Tangible Book Value	134.62	124.59	112.92	68.83	64.31	43.38
Tangible Book Value Per Share	11.28	10.44	11.60	40.97	40.43	27.54
Buildings	0.01	0.01	0.01	0.01	0.01	10.33
Machinery	0.05	0.05	0.05	0.04	0.05	5.83
Construction In Progress	13.4	12.76	12.83	10.88	11.78	-

Updated Oct 9, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q