Wetouch Technology Statistics
Total Valuation
WETH has a market cap or net worth of $36.03 million. The enterprise value is -$58.38 million.
| Market Cap | 36.03M |
| Enterprise Value | -58.38M |
Important Dates
The next estimated earnings date is Saturday, August 17, 2024, before market open.
| Earnings Date | Aug 17, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
WETH has 11.93 million shares outstanding. The number of shares has increased by 65.28% in one year.
| Shares Outstanding | 11.93M |
| Shares Change (YoY) | +65.28% |
| Shares Change (QoQ) | +36.29% |
| Owned by Insiders (%) | 0.35% |
| Owned by Institutions (%) | 0.42% |
| Float | 11.89M |
Valuation Ratios
The trailing PE ratio is 6.16.
| PE Ratio | 6.16 |
| Forward PE | n/a |
| PS Ratio | 0.88 |
| Forward PS | n/a |
| PB Ratio | 0.30 |
| P/FCF Ratio | n/a |
| PEG Ratio | n/a |
Enterprise 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 49.18, with a Debt / Equity ratio of 0.00.
| Current Ratio | 49.18 |
| Quick Ratio | 47.26 |
| Debt / Equity | 0.00 |
| Debt / EBITDA | 0.04 |
| Debt / FCF | n/a |
| Interest Coverage | 7.75 |
Financial Efficiency
Return on equity (ROE) is 5.30% and return on invested capital (ROIC) is 5.67%.
| Return on Equity (ROE) | 5.30% |
| Return on Assets (ROA) | 5.00% |
| Return on Capital (ROIC) | 5.67% |
| Revenue Per Employee | $314,120 |
| Profits Per Employee | $46,030 |
| Employee Count | 131 |
| Asset Turnover | 0.34 |
| Inventory Turnover | 149.62 |
Taxes
In the past 12 months, WETH has paid $3.34 million in taxes.
| Income Tax | 3.34M |
| Effective Tax Rate | 35.64% |
Stock Price Statistics
The stock price has increased by +716.44% in the last 52 weeks. The beta is -0.09, so WETH's price volatility has been lower than the market average.
| Beta (5Y) | -0.09 |
| 52-Week Price Change | +716.44% |
| 50-Day Moving Average | 2.04 |
| 200-Day Moving Average | 5.51 |
| Relative Strength Index (RSI) | 63.41 |
| Average Volume (20 Days) | 160,456 |
Short Selling Information
The latest short interest is 126,431, so 1.06% of the outstanding shares have been sold short.
| Short Interest | 126,431 |
| Short Previous Month | 26,786 |
| Short % of Shares Out | 1.06% |
| Short % of Float | 1.06% |
| Short Ratio (days to cover) | 0.68 |
Income Statement
In the last 12 months, WETH had revenue of $41.15 million and earned $6.03 million in profits. Earnings per share was $0.49.
| Revenue | 41.15M |
| Gross Profit | 14.49M |
| Operating Income | 10.65M |
| Pretax Income | 9.37M |
| Net Income | 6.03M |
| EBITDA | 10.77M |
| EBIT | 10.76M |
| Earnings Per Share (EPS) | $0.49 |
Balance Sheet
The company has $94.80 million in cash and $385,694 in debt, giving a net cash position of $94.41 million or $7.91 per share.
| Cash & Cash Equivalents | 94.80M |
| Total Debt | 385,694 |
| Net Cash | 94.41M |
| Net Cash Per Share | $7.91 |
| Equity (Book Value) | 120.54M |
| Book Value Per Share | 10.10 |
| Working Capital | 107.80M |
Cash Flow
In the last 12 months, operating cash flow was $790,306 and capital expenditures -$2.37 million, giving a free cash flow of -$1.58 million.
| Operating Cash Flow | 790,306 |
| Capital Expenditures | -2.37M |
| Free Cash Flow | -1.58M |
| FCF Per Share | -$0.12 |
Margins
Gross margin is 35.21%, with operating and profit margins of 25.89% and 14.65%.
| Gross Margin | 35.21% |
| Operating Margin | 25.89% |
| Pretax Margin | 22.77% |
| Profit Margin | 14.65% |
| EBITDA Margin | 26.17% |
| EBIT Margin | 26.14% |
| FCF Margin | -3.85% |
Dividends & Yields
WETH does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -65.28% |
| Shareholder Yield | -65.28% |
| Earnings Yield | 16.73% |
| FCF Yield | -4.40% |
Analyst Forecast
| Price Target | n/a |
| Price Target Difference | n/a |
| Analyst Consensus | n/a |
| Analyst Count | n/a |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on September 12, 2023. It was a reverse split with a ratio of 1:20.
| Last Split Date | Sep 12, 2023 |
| Split Type | Reverse |
| Split Ratio | 1:20 |
Scores
WETH has an Altman Z-Score of 10.76 and a Piotroski F-Score of 4.
| Altman Z-Score | 10.76 |
| Piotroski F-Score | 4 |