Wetouch Technology Statistics
Total Valuation
WETH has a market cap or net worth of $18.08 million. The enterprise value is -$88.23 million.
Important Dates
The next estimated earnings date is Tuesday, March 4, 2025, before market open.
| Earnings Date | Mar 4, 2025 |
| Ex-Dividend Date | n/a |
Share Statistics
WETH has 11.93 million shares outstanding. The number of shares has increased by 49.05% in one year.
| Current Share Class | 11.93M |
| Shares Outstanding | 11.93M |
| Shares Change (YoY) | +49.05% |
| Shares Change (QoQ) | n/a |
| Owned by Insiders (%) | 0.35% |
| Owned by Institutions (%) | 1.30% |
| Float | 11.89M |
Valuation Ratios
The trailing PE ratio is 4.41.
| PE Ratio | 4.41 |
| Forward PE | n/a |
| PS Ratio | 0.41 |
| Forward PS | n/a |
| PB Ratio | 0.14 |
| P/TBV Ratio | 0.14 |
| P/FCF Ratio | 30.71 |
| P/OCF Ratio | 6.08 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
| EV / Earnings | n/a |
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 34.75, with a Debt / Equity ratio of 0.00.
| Current Ratio | 34.75 |
| Quick Ratio | 33.73 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.06 |
| Debt / FCF | 0.74 |
| Interest Coverage | 6.18 |
Financial Efficiency
Return on equity (ROE) is 3.20% and return on invested capital (ROIC) is 3.85%.
| Return on Equity (ROE) | 3.20% |
| Return on Assets (ROA) | 3.70% |
| Return on Invested Capital (ROIC) | 3.85% |
| Return on Capital Employed (ROCE) | 5.77% |
| Revenue Per Employee | $313,162 |
| Profits Per Employee | $29,469 |
| Employee Count | 131 |
| Asset Turnover | 0.32 |
| Inventory Turnover | 144.47 |
Taxes
In the past 12 months, WETH has paid $2.71 million in taxes.
| Income Tax | 2.71M |
| Effective Tax Rate | 41.28% |
Stock Price Statistics
The stock price has decreased by -79.80% in the last 52 weeks. The beta is 0.02, so WETH's price volatility has been lower than the market average.
| Beta (5Y) | 0.02 |
| 52-Week Price Change | -79.80% |
| 50-Day Moving Average | 1.62 |
| 200-Day Moving Average | 1.82 |
| Relative Strength Index (RSI) | 46.37 |
| Average Volume (20 Days) | 250,988 |
Short Selling Information
The latest short interest is 119,204, so 1.00% of the outstanding shares have been sold short.
| Short Interest | 119,204 |
| Short Previous Month | 151,169 |
| Short % of Shares Out | 1.00% |
| Short % of Float | 1.00% |
| Short Ratio (days to cover) | 0.23 |
Income Statement
In the last 12 months, WETH had revenue of $41.02 million and earned $3.86 million in profits. Earnings per share was $0.34.
| Revenue | 41.02M |
| Gross Profit | 12.76M |
| Operating Income | 7.48M |
| Pretax Income | 9.37M |
| Net Income | 3.86M |
| EBITDA | 7.49M |
| EBIT | 7.48M |
| Earnings Per Share (EPS) | $0.34 |
Full Income StatementBalance Sheet
The company has $106.74 million in cash and $434,576 in debt, giving a net cash position of $106.30 million or $8.91 per share.
| Cash & Cash Equivalents | 106.74M |
| Total Debt | 434,576 |
| Net Cash | 106.30M |
| Net Cash Per Share | $8.91 |
| Equity (Book Value) | 129.48M |
| Book Value Per Share | 10.85 |
| Working Capital | 116.56M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $2.97 million and capital expenditures -$2.38 million, giving a free cash flow of $588,625.
| Operating Cash Flow | 2.97M |
| Capital Expenditures | -2.38M |
| Free Cash Flow | 588,625 |
| FCF Per Share | $0.05 |
Full Cash Flow StatementMargins
Gross margin is 31.09%, with operating and profit margins of 18.24% and 9.41%.
| Gross Margin | 31.09% |
| Operating Margin | 18.24% |
| Pretax Margin | 16.02% |
| Profit Margin | 9.41% |
| EBITDA Margin | 18.26% |
| EBIT Margin | 18.24% |
| FCF Margin | 1.43% |