Wetouch Technology Inc. Annual Income Tax Expense (Benefit) in USD from 2019 to 2023

Taxonomy & unit
us-gaap: USD
Description
Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.
Summary
Wetouch Technology Inc. quarterly/annual Income Tax Expense (Benefit) history and growth rate from 2019 to 2023.
  • Wetouch Technology Inc. Income Tax Expense (Benefit) for the quarter ending September 30, 2024 was $979K, a 14.7% decline year-over-year.
  • Wetouch Technology Inc. Income Tax Expense (Benefit) for the twelve months ending September 30, 2024 was $2.71M, a 33.3% decline year-over-year.
  • Wetouch Technology Inc. annual Income Tax Expense (Benefit) for 2023 was $4.08M, a 21.8% increase from 2022.
  • Wetouch Technology Inc. annual Income Tax Expense (Benefit) for 2022 was $3.35M, a 24% decline from 2021.
  • Wetouch Technology Inc. annual Income Tax Expense (Benefit) for 2021 was $4.41M, a 185% increase from 2020.
Income Tax Expense (Benefit), Trailing 12 Months (USD)
Income Tax Expense (Benefit), Annual (USD)
Income Tax Expense (Benefit), YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date Report Filed
2023 $4.08M +$730K +21.8% Jan 1, 2023 Dec 31, 2023 10-K 2024-04-17
2022 $3.35M -$1.06M -24% Jan 1, 2022 Dec 31, 2022 10-K 2024-04-17
2021 $4.41M +$2.86M +185% Jan 1, 2021 Dec 31, 2021 10-K 2023-04-17
2020 $1.55M -$1.18M -43.1% Jan 1, 2020 Dec 31, 2020 10-K 2022-04-15
2019 $2.72M Jan 1, 2019 Dec 31, 2019 10-K 2021-03-24
* An asterisk sign (*) next to the value indicates that the value is likely invalid.