Wetouch Technology Inc. financial data

Symbol
WETH on Nasdaq
Location
Meishan City, Sichuan
Fiscal year end
31 December
Latest financial report
10-Q - Q3 2025 - 12 Nov 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2665% % -10%
Quick Ratio 2.5% % -51%
Debt-to-equity 3.7% % 9.2%
Return On Equity 5.7% % 80%
Return On Assets 5.5% % 80%
Operating Margin 23% % 26%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11,931,534 shares 0%
Common Stock, Shares, Outstanding 11,931,534 shares 0%
Entity Public Float $31,379,934 USD -59%
Common Stock, Value, Issued $11,932 USD 0%
Weighted Average Number of Shares Outstanding, Basic 11,931,534 shares 0%
Weighted Average Number of Shares Outstanding, Diluted 11,931,534 shares -0.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenues $43,519,385 USD 6.1%
Revenue from Contract with Customer, Excluding Assessed Tax $13,762,161 USD -7.3%
Cost of Revenue $28,815,773 USD 1.9%
Research and Development Expense $152,510 USD 86%
General and Administrative Expense $4,642,369 USD 16%
Operating Income (Loss) $9,986,208 USD 33%
Nonoperating Income (Expense) $356,011 USD -77%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $10,342,219 USD 57%
Income Tax Expense (Benefit) $2,900,582 USD 6.9%
Net Income (Loss) Attributable to Parent $7,441,637 USD 93%
Earnings Per Share, Basic 0 USD/shares 146%
Earnings Per Share, Diluted 0 USD/shares 146%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value $113,194,898 USD 6%
Accounts Receivable, after Allowance for Credit Loss, Current $10,806,772 USD 11%
Inventory, Net $46,878 USD -75%
Other Assets, Current $5,750 USD -90%
Assets, Current $125,175,826 USD 4.3%
Deferred Income Tax Assets, Net $96,371 USD
Property, Plant and Equipment, Net $13,426,772 USD 2.3%
Operating Lease, Right-of-Use Asset $666,003 USD
Assets $139,907,907 USD 5.1%
Accounts Payable, Current $1,289,512 USD 5.8%
Employee-related Liabilities, Current $82,874 USD -6.9%
Liabilities, Current $4,689,687 USD 36%
Operating Lease, Liability, Noncurrent $51,503 USD
Liabilities $4,741,190 USD 29%
Accumulated Other Comprehensive Income (Loss), Net of Tax $7,381,979 USD -31%
Retained Earnings (Accumulated Deficit) $81,961,116 USD 8.7%
Stockholders' Equity Attributable to Parent $135,166,717 USD 4.4%
Liabilities and Equity $139,907,907 USD 5.1%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities $2,039,728 USD
Net Cash Provided by (Used in) Financing Activities $7,506,140 USD -81%
Net Cash Provided by (Used in) Investing Activities $111,289 USD
Common Stock, Shares Authorized 15,000,000 shares 0%
Common Stock, Shares, Issued 11,931,534 shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect $2,647,238 USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $113,194,898 USD 6%
Interest Paid, Excluding Capitalized Interest, Operating Activities $1,186,210 USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross $262,872 USD
Operating Lease, Liability $666,003 USD
Depreciation $7,909 USD -17%
Payments to Acquire Property, Plant, and Equipment $111,289 USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent $5,691,371 USD -52%
Lessee, Operating Lease, Liability, to be Paid $952,398 USD
Property, Plant and Equipment, Gross $13,465,350 USD 2.3%
Operating Lease, Liability, Current $614,500 USD
Lessee, Operating Lease, Liability, to be Paid, Year One $515,482 USD
Operating Lease, Weighted Average Discount Rate, Percent 0.01 pure
Deferred Income Tax Expense (Benefit) $64,243 USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount $4,123 USD
Deferred Federal Income Tax Expense (Benefit) $5,382 USD
Current Income Tax Expense (Benefit) $699,922 USD -29%
Operating Lease, Payments $151,375 USD
Additional Paid in Capital $52,501,680 USD
Current Federal Tax Expense (Benefit) $1,476,488 USD 123%
Deferred Tax Assets, Net of Valuation Allowance $262,872 USD
Interest Expense $1,388,900 USD 587%