Wetouch Technology Statistics
Total Valuation
WETH has a market cap or net worth of $354.35 million. The enterprise value is $258.02 million.
| Market Cap | 354.35M |
| Enterprise Value | 258.02M |
Important Dates
| Earnings Date | n/a |
| Ex-Dividend Date | n/a |
Share Statistics
WETH has 149.51 million shares outstanding. The number of shares has increased by 408.48% in one year.
| Shares Outstanding | 149.51M |
| Shares Change (YoY) | +408.48% |
| Shares Change (QoQ) | +0.33% |
| Owned by Insiders (%) | 0.35% |
| Owned by Institutions (%) | n/a |
| Float | n/a |
Valuation Ratios
The trailing PE ratio is 2.66.
| PE Ratio | 2.66 |
| Forward PE | n/a |
| PS Ratio | 8.92 |
| Forward PS | n/a |
| PB Ratio | 3.14 |
| P/FCF Ratio | 33.87 |
| PEG Ratio | n/a |
Enterprise Valuation
The stock's EV/EBITDA ratio is 20.46, with an EV/FCF ratio of 24.67.
| EV / Earnings | 31.22 |
| EV / Sales | 6.50 |
| EV / EBITDA | 20.46 |
| EV / EBIT | 20.48 |
| EV / FCF | 24.67 |
Financial Position
The company has a current ratio of 16.84, with a Debt / Equity ratio of 0.02.
| Current Ratio | 16.84 |
| Quick Ratio | 16.63 |
| Debt / Equity | 0.02 |
| Debt / EBITDA | 0.14 |
| Debt / FCF | 0.16 |
| Interest Coverage | 49.93 |
Financial Efficiency
Return on equity (ROE) is 7.40% and return on invested capital (ROIC) is 7.39%.
| Return on Equity (ROE) | 7.40% |
| Return on Assets (ROA) | 7.00% |
| Return on Capital (ROIC) | 7.39% |
| Revenue Per Employee | $305,430 |
| Profits Per Employee | $63,572 |
| Employee Count | 130 |
| Asset Turnover | 0.33 |
| Inventory Turnover | 69.77 |
Taxes
In the past 12 months, WETH has paid $4.08 million in taxes.
| Income Tax | 4.08M |
| Effective Tax Rate | 33.07% |
Stock Price Statistics
The stock price has increased by +908.51% in the last 52 weeks. The beta is -0.14, so WETH's price volatility has been lower than the market average.
| Beta (1Y) | -0.14 |
| 52-Week Price Change | +908.51% |
| 50-Day Moving Average | 3.68 |
| 200-Day Moving Average | 5.16 |
| Relative Strength Index (RSI) | 43.68 |
| Average Volume (30 Days) | 254,400 |
Short Selling Information
The latest short interest is 43,486, so 0.03% of the outstanding shares have been sold short.
| Short Interest | 43,486 |
| Short Previous Month | 41,343 |
| Short % of Shares Out | 0.03% |
| Short % of Float | n/a |
| Short Ratio (days to cover) | 0.15 |
Income Statement
In the last 12 months, WETH had revenue of $39.71 million and earned $8.26 million in profits. Earnings per share was $0.89.
| Revenue | 39.71M |
| Gross Profit | 17.19M |
| Operating Income | 12.65M |
| Pretax Income | 12.35M |
| Net Income | 8.26M |
| EBITDA | 12.61M |
| EBIT | 12.60M |
| Earnings Per Share (EPS) | $0.89 |
Balance Sheet
The company has $98.04 million in cash and $1.71 million in debt, giving a net cash position of $96.33 million or $0.64 per share.
| Cash & Cash Equivalents | 98.04M |
| Total Debt | 1.71M |
| Net Cash | 96.33M |
| Net Cash Per Share | $0.64 |
| Equity / Book Value | 112.92M |
| Book Value Per Share | 0.76 |
| Working Capital | 100.44M |
Cash Flow
In the last 12 months, operating cash flow was $12.72 million and capital expenditures -$2.26 million, giving a free cash flow of $10.46 million.
| Operating Cash Flow | 12.72M |
| Capital Expenditures | -2.26M |
| Free Cash Flow | 10.46M |
| FCF Per Share | $1.13 |
Margins
Gross margin is 43.30%, with operating and profit margins of 31.86% and 20.81%.
| Gross Margin | 43.30% |
| Operating Margin | 31.86% |
| Pretax Margin | 31.10% |
| Profit Margin | 20.81% |
| EBITDA Margin | 31.76% |
| EBIT Margin | 31.73% |
| FCF Margin | 26.35% |
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 | -408.48% |
| Shareholder Yield | -408.48% |
| Earnings Yield | 2.33% |
| FCF Yield | 2.95% |
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 34.13 and a Piotroski F-Score of 6.
| Altman Z-Score | 34.13 |
| Piotroski F-Score | 6 |