Wetouch Technology Inc. (WETH)

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CIK 0001826660 · Nasdaq · Computer Peripheral Equipment, NEC

  • Sector Manufacturing
  • Incorporated NV
  • Fiscal year ends Dec 31

In fiscal 2025, Wetouch Technology Inc. reported revenue of $14.20M, down 4.9% from the prior year. The company was profitable, with a net margin of 50.4% and a gross margin of 101.2%. It held $140.64M in total assets against $3.24M in total liabilities.

Key ratios (FY2025)

101.2%
Gross margin
70.2%
Operating margin
50.4%
Net margin
5.2%
Return on equity
-4.9%
Revenue growth (YoY)
Metric (FY)20252024202320222021202020192018
Revenue$14.20M$14.94M$12.04M$37.92M$40.69M$31.35M$40.00M
Cost of Revenue$30.77M$28.67M$22.52M$23.87M$22.35M$15.74M$20.27M
Gross Profit$14.37M$13.61M$17.19M$14.05M$18.43M$15.61M$19.74M
Operating Income$9.97M$9.32M$12.65M$11.41M$12.62M$11.88M$17.00M
Net Income$7.16M$6.03M$8.26M$8.73M$17.39M$8.93M$13.72M
EPS (Diluted)$0.60$0.52$0.89$4.73$0.55$0.31$0.49
Total Assets$140.64M$128.02M$119.64M$73.11M$68.68M$47.06M$41.74M
Total Liabilities$3.24M$3.43M$6.72M$4.27M$4.37M$2.71M$10.08M
Shareholders' Equity$137.39M$124.59M$112.92M$68.83M$64.31M$44.35M$31.67M$18.80M
Cash & Equivalents$118.36M$103.76M$98.04M$51.25M$46.16M$23.96M$14.28M
Operating Cash Flow$7.39M$1.07M$12.72M$8.59M$14.05M$12.96M$10.16M
Capital Expenditures$322.3K$271.8K$2.26M$5.0K
Shares Outstanding11.93M11.93M9.73M1.68M31.81M31.50M28.00M