Wetouch Technology Inc

Real Estate Services
Real Estate

Prices are adjusted according to historical splits.

Wetouch Technology Inc Stock Price


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Company Statistics

Market Cap.:
Book Value:
Revenue TTM:
$39.04 million
Operating Margin TTM:
Gross Profit TTM:
$18.43 million
Profit Margin:
Return on Assets TTM:
Return on Equity TTM:

Company Profile

Wetouch Technology Inc had its IPO on under the ticker symbol WETH.

The company operates in the Real Estate sector and Real Estate Services industry. Wetouch Technology Inc has a staff strength of 126 employees.

Stock update

Shares of Wetouch Technology Inc opened at $0.25 at the start of the last trading session i.e. 2023-03-22.

The stocks traded within a range of $0.25 - $0.25, and closed at $0.25.

This is a 0% increase from the previous day's closing price.

A total volume of 0 shares were traded at the close of the day’s session.

In the last one week, shares of Wetouch Technology Inc have increased by +142.09%.

Wetouch Technology Inc's Key Ratios

Wetouch Technology Inc has a market cap of $0, indicating a price to book ratio of 0 and a price to sales ratio of 0.

In the last 12-months Wetouch Technology Inc’s revenue was $39.04 million with a gross profit of $18.43 million and an EBITDA of $12.71 million. The EBITDA ratio measures Wetouch Technology Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Wetouch Technology Inc’s operating margin was 32.51% while its return on assets stood at 11.41% with a return of equity of 14.52%.

In Q3, Wetouch Technology Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 4.1%.

Wetouch Technology Inc’s PE and PEG Ratio

Forward PE
Trailing PE

Its diluted EPS in the last 12-months stands at $0.364 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Wetouch Technology Inc’s profitability.

Wetouch Technology Inc stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 0.

Wetouch Technology Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$72.00 million
Total Liabilities
$5.42 million
Operating Cash Flow
Capital Expenditure
Dividend Payout Ratio

Wetouch Technology Inc ended 2023 with $72.00 million in total assets and $0 in total liabilities. Its intangible assets were valued at $72.00 million while shareholder equity stood at $65.49 million.

Wetouch Technology Inc ended 2023 with $0 in deferred long-term liabilities, $5.42 million in other current liabilities, 1126439.00 in common stock, $63.39 million in retained earnings and $0 in goodwill. Its cash balance stood at $45.55 million and cash and short-term investments were $45.55 million. The company’s total short-term debt was $1,935,010 while long-term debt stood at $0.

Wetouch Technology Inc’s total current assets stands at $61.41 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $14.28 million compared to accounts payable of $1.41 million and inventory worth $405183.00.

In 2023, Wetouch Technology Inc's operating cash flow was $0 while its capital expenditure stood at $0.

Comparatively, Wetouch Technology Inc paid $0 in dividends in 2023.

Other key metrics

Current Trading Price
52-Week High
52-Week Low
Analyst Target Price

Wetouch Technology Inc stock is currently trading at $0.25 per share. It touched a 52-week high of $1.05 and a 52-week low of $1.05. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.23 and 200-day moving average was $0.44 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 509.2% of the company’s stock are held by insiders while 0% are held by institutions.

Frequently Asked Questions About Wetouch Technology Inc

The stock symbol (also called stock or share ticker) of Wetouch Technology Inc is WETH

The IPO of Wetouch Technology Inc took place on

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Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers Glass-Glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; Glass-Film-Film, which are primarily used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.


No.29, Third Main Avenue, Meishan, China, 620500