Wetouch Technology Inc. financial data

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

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 2.66K % -10.3%
Quick Ratio 2.49 % -51.1%
Debt-to-equity 3.69 % +9.15%
Return On Equity 5.73 % +80.2%
Return On Assets 5.53 % +79.6%
Operating Margin 23 % +25.8%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 11.9M shares 0%
Common Stock, Shares, Outstanding 11.9M shares 0%
Entity Public Float 31.4M USD -59.2%
Common Stock, Value, Issued 11.9K USD 0%
Weighted Average Number of Shares Outstanding, Basic 11.9M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 11.9M shares -0.42%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 43.5M USD +6.08%
Revenue from Contract with Customer, Excluding Assessed Tax 13.8M USD -7.33%
Cost of Revenue 28.8M USD +1.94%
Research and Development Expense 153K USD +86.5%
General and Administrative Expense 4.64M USD +16%
Operating Income (Loss) 9.99M USD +33.5%
Nonoperating Income (Expense) 356K USD -76.7%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 10.3M USD +57.3%
Income Tax Expense (Benefit) 2.9M USD +6.89%
Net Income (Loss) Attributable to Parent 7.44M USD +92.8%
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 113M USD +6.05%
Accounts Receivable, after Allowance for Credit Loss, Current 10.8M USD +11%
Inventory, Net 46.9K USD -75%
Other Assets, Current 5.75K USD -89.7%
Assets, Current 125M USD +4.3%
Deferred Income Tax Assets, Net 96.4K USD
Property, Plant and Equipment, Net 13.4M USD +2.3%
Operating Lease, Right-of-Use Asset 666K USD
Assets 140M USD +5.08%
Accounts Payable, Current 1.29M USD +5.84%
Employee-related Liabilities, Current 82.9K USD -6.94%
Accrued Liabilities, Current 241K USD
Liabilities, Current 4.69M USD +35.8%
Operating Lease, Liability, Noncurrent 51.5K USD
Liabilities 4.74M USD +29.2%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.38M USD -31.1%
Retained Earnings (Accumulated Deficit) 82M USD +8.7%
Stockholders' Equity Attributable to Parent 135M USD +4.4%
Liabilities and Equity 140M USD +5.08%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 2.04M USD
Net Cash Provided by (Used in) Financing Activities 7.51M USD -81.3%
Net Cash Provided by (Used in) Investing Activities -111K USD
Common Stock, Shares Authorized 15M shares 0%
Common Stock, Shares, Issued 11.9M 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 2.65M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 113M USD +6.05%
Interest Paid, Excluding Capitalized Interest, Operating Activities 1.19M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 263K USD
Operating Lease, Liability 666K USD
Depreciation 7.91K USD -16.8%
Payments to Acquire Property, Plant, and Equipment 111K USD
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 5.69M USD -52.1%
Lessee, Operating Lease, Liability, to be Paid 952K USD
Property, Plant and Equipment, Gross 13.5M USD +2.35%
Operating Lease, Liability, Current 615K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 515K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.01 pure
Deferred Income Tax Expense (Benefit) -64.2K USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 4.12K USD
Deferred Federal Income Tax Expense (Benefit) -5.38K USD
Current Income Tax Expense (Benefit) 700K USD -28.5%
Operating Lease, Payments 151K USD
Additional Paid in Capital 52.5M USD
Current Federal Tax Expense (Benefit) 1.48M USD +123%
Deferred Tax Assets, Net of Valuation Allowance 263K USD
Interest Expense 1.39M USD +587%