Wetouch Technology Inc. (WETH) Financials

$1.14

$-0.01 (-0.44%)

As on 17-Sep-2026 16:15EDT

Market cap

$15 Mln

Revenue (TTM)

$48 Mln

P/E Ratio

1.7

P/B Ratio

0.1

Div. Yield

0 %

Annual
Quarterly

Income Statement ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Operating Revenue	47.74	45.14	42.28	39.71	37.92	40.79
Cost of Revenue	32.42	30.77	28.67	22.52	23.87	22.35
Gross Profit	15.32	14.37	13.61	17.19	14.05	18.43
Operating Expenses	8.77	4.40	32.96	4.54	2.64	1.22
Operating Profit (EBIT)	11.16	9.97	9.32	12.65	11.41	12.62
Other Income	--	--	--	--	--	--
Profit before Tax	11.31	10.16	8.69	12.35	12.08	21.80
Provision for Tax	2.90	3.00	--	4.08	3.35	4.41
Profit after Tax (Net Income)	8.39	7.16	6.03	8.26	8.73	17.39
Minority Interest	--	--	--	--	--	--
Consolidated Profit	--	--	--	--	--	17.39

Liabilities ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Shareholder's Funds	148.76	137.39	124.59	112.92	68.83	64.31
Minority Interest	--	--	--	--	--	--
Non-Current Liabilities	--	0.13	0.48	0.38	0.26	1.13
Current Liabilities	3.83	3.24	2.95	6.34	4.01	3.24
Total Liabilities	156.43	140.77	128.02	119.64	73.11	68.68

Assets ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Non-Current Assets	14.64	14.66	13.88	12.86	10.92	11.83
Current Assets	137.95	126.10	114.14	106.78	62.18	56.85
Total Assets	156.43	140.77	128.02	119.64	73.11	68.68
Total Debt*	0.22	0.52	--	1.71	1.66	2.03
Net Current Assets	134.12	122.86	111.19	100.44	58.17	53.60

Cashflow ($ Mln)	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Cash From Operating Activities	--	7.39	1.07	12.72	8.59	14.05
Cash Flow from Investing Activities	--	-0.32	--	-2.26	--	6.16
Cash from Financing Activities	--	7.45	7.59	39.95	-0.65	1.86
Net Cash Inflow / Outflow	--	--	--	--	--	--

Financials Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Adjusted EPS ($)	0.70	0.60	0.51	0.85	5.20	8.69
Cash EPS ($)	--	0.65	0.51	0.85	5.20	8.88
Adjusted Book Value ($)	--	11.52	10.44	11.60	40.97	32.15
Dividend per Share ($)	--	--	--	--	--	--
Cash Flow per Share ($)	--	0.62	0.09	1.31	5.11	7.03
Free Cash Flow per Share ($)	--	0.59	0.07	1.07	5.11	1.18

Profitability Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
ROCE (%)	--	5.46	5.04	8.93	12.76	31.41
ROE (%)	5.86	5.47	5.08	9.09	13.11	32.00
ROA (%)	4.21	5.33	4.87	8.58	12.32	30.04
EBIT Margin (%)	17.33	22.51	--	31.73	32.46	53.51
Net Margin (%)	17.57	15.86	14.26	20.81	23.02	42.63
Cash Profit Margin (%)	0.00	--	--	--	--	--

Growth Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Revenue Growth (%)	--	0.07	0.06	0.05	-0.07	0.30
EBIT Growth (%)	--	--	--	2.37	-43.60	83.68
Net Profit Growth (%)	--	18.73	-27.02	-5.34	-49.78	94.68
EPS Growth (%)	--	0.19	-0.40	-0.84	-0.40	29.66
Book Value Growth (%)	16.65	--	--	--	--	--

Valuation Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Price / Earnings	1.69	2.23	3.50	6.01	0.04	0.08
Price / Book Value	0.11	0.12	0.17	0.44	0.00	0.02
Dividend Yield (%)	--	--	--	--	--	--
EV/EBITDA	0.78	-9.45	--	-3.70	-4.00	-1.92
Close Price ($)	1.21	1.34	1.77	5.10	0.19	0.73
High Price ($)	3.68	3.68	8.20	18.50	1.05	5.50
Low Price ($)	0.78	0.76	1.13	0.08	0.18	0.70
Market Cap ($ Cr)	15.39	--	--	--	--	--

Solvency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debt to Equity	--	0.00	--	0.02	0.02	0.03
Short term debt to equity ratio	0.00	0.00	--	0.02	0.02	0.03
Current Ratio	35.99	38.88	38.68	16.84	15.49	17.54
Quick Ratio	35.99	38.86	38.64	16.80	15.38	17.46
Interest Coverage	--	8.68	--	49.93	54.73	7,950.09

Operating Efficiency Ratios	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Debtors to sales (%)	19.54	14.80	17.75	18.96	24.96	19.59
Asset Turnover	0.24	0.34	0.34	0.41	0.53	0.70
Receivable days	--	57.39	64.93	78.16	84.07	89.19
Inventory Days	--	0.96	2.13	5.23	5.11	5.28
Payable days	--	13.82	12.13	16.42	16.71	13.83
Cash Conversion Cycle	--	44.53	54.93	66.98	72.47	80.64

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.