Wetouch Technology Inc. (WETH)

Wetouch Technology Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	127.52	118.36	103.76	98.04	51.25	46.16
Cash & Short-Term Investments	127.52	118.36	103.76	98.04	51.25	46.16
Cash Growth	15.45%	14.07%	5.83%	91.30%	11.02%	92.64%
Accounts Receivable	9.33	6.51	7.5	7.46	9.06	7.99
Other Receivables	-	0.17	0.08	0.07	0.41	0.36
Receivables	9.33	6.68	7.58	7.53	9.47	8.36
Inventory	0.01	0.05	0.11	0.22	0.42	0.24
Prepaid Expenses	1.1	0.96	1.84	-	-	-
Other Current Assets	-	0.06	0.84	0.99	1.04	2.08
Total Current Assets	137.95	126.1	114.14	106.78	62.18	56.85
Property, Plant & Equipment	9.37	9.41	13.84	12.86	10.92	11.83
Other Intangible Assets	0.54	0.54	-	-	-	-
Long-Term Deferred Tax Assets	0.08	0.07	0.04	-	-	-
Other Long-Term Assets	4.65	4.51	-	-	-	-
Total Assets	152.59	140.64	128.02	119.64	73.11	68.68

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	0.86	1.06	1.26	0.64	1.38	0.8
Accrued Expenses	1.4	0.6	0.37	3.33	0.94	0.12
Short-Term Debt	-	-	-	1.24	1.66	2.03
Current Portion of Leases	0.22	0.52	0.57	-	-	-
Current Income Taxes Payable	0.93	-	-	-	0.02	0.07
Other Current Liabilities	0.42	1.06	0.75	1.13	0	0.22
Total Current Liabilities	3.83	3.24	2.95	6.34	4.01	3.24
Long-Term Leases	-	-	0.48	-	-	-
Other Long-Term Liabilities	-	-	-	0.38	0.26	1.13
Total Liabilities	3.83	3.24	3.43	6.72	4.27	4.37

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	0.01	0.01	0.01	0.01	0	0.03
Additional Paid-In Capital	53.53	52.5	52.5	43.51	3.4	2.33
Retained Earnings	95.89	89.86	82.7	76.67	68.41	59.68
Comprehensive Income & Other	-0.68	-4.98	-10.63	-7.28	-2.98	2.27
Shareholders' Equity	148.76	137.39	124.59	112.92	68.83	64.31
Total Liabilities & Equity	152.59	140.64	128.02	119.64	73.11	68.68

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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
Filing Date Shares Outstanding	13.38	11.93	11.93	11.93	9.68	1.6
Total Common Shares Outstanding	12.53	11.93	11.93	9.73	1.68	1.59
Working Capital	134.12	122.86	111.19	100.44	58.17	53.6
Book Value Per Share	11.87	11.52	10.44	11.60	40.97	40.43
Tangible Book Value	148.22	136.85	124.59	112.92	68.83	64.31
Tangible Book Value Per Share	11.83	11.47	10.44	11.60	40.97	40.43
Buildings	-	0.01	0.01	0.01	0.01	0.01
Machinery	-	0.05	0.05	0.05	0.04	0.05
Construction In Progress	-	8.86	12.76	12.83	10.88	11.78

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 20, 2026

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