Wetouch Technology Inc.

NASDAQ: WETH · Real-Time Price · USD
0.97
-0.01 (-0.92%)
At close: Jun 04, 2025, 3:59 PM
0.93
-5.04%
After-hours: Jun 04, 2025, 07:56 PM EDT

Wetouch Technology Statistics

Share Statistics

Wetouch Technology has 11.93M shares outstanding. The number of shares has increased by 0% in one year.

Shares Outstanding 11.93M
Shares Change (YoY) 0%
Shares Change (QoQ) 0%
Owned by Institutions (%) n/a
Shares Floating n/a
Failed to Deliver (FTD) Shares 1,556
FTD / Avg. Volume 1.23%

Short Selling Information

The latest short interest is 23.75K, so 0.2% of the outstanding shares have been sold short.

Short Interest 23.75K
Short % of Shares Out 0.2%
Short % of Float 0.2%
Short Ratio (days to cover) 1

Valuation Ratios

The PE ratio is 7.3 and the forward PE ratio is null. Wetouch Technology's PEG ratio is -0.09.

PE Ratio 7.3
Forward PE n/a
PS Ratio 1.52
Forward PS n/a
PB Ratio 0.53
P/FCF Ratio 5.77
PEG Ratio -0.09
Financial Ratio History

Enterprise Valuation

Wetouch Technology has an Enterprise Value (EV) of -35.97M.

EV / Sales -0.91
EV / EBITDA -2.84
EV / EBIT -2.83
EV / FCF -3.44

Financial Position

The company has a current ratio of 16.84, with a Debt / Equity ratio of 0.02.

Current Ratio 16.84
Quick Ratio 16.8
Debt / Equity 0.02
Debt / EBITDA 0.13
Debt / FCF 0.16
Interest Coverage 50.13

Financial Efficiency

Return on Equity is 7.32% and Return on Invested Capital is 7.36%.

Return on Equity 7.32%
Return on Assets 6.91%
Return on Invested Capital 7.36%
Revenue Per Employee $303,098.77
Profits Per Employee $63,086.5
Employee Count 131
Asset Turnover 0.33
Inventory Turnover 101.37

Taxes

Income Tax 4.08M
Effective Tax Rate 33.07%

Stock Price Statistics

The stock price has increased by -43.02% in the last 52 weeks. The beta is 0.07, so Wetouch Technology's price volatility has been higher than the market average.

Beta 0.07
52-Week Price Change -43.02%
50-Day Moving Average 1.13
200-Day Moving Average 1.54
Relative Strength Index (RSI) 45.06
Average Volume (20 Days) 126,460

Income Statement

In the last 12 months, Wetouch Technology had revenue of 39.71M and earned 8.26M in profits. Earnings per share was 0.89.

Revenue 39.71M
Gross Profit 17.19M
Operating Income 12.65M
Net Income 8.26M
EBITDA 12.66M
EBIT 12.6M
Earnings Per Share (EPS) 0.89
Full Income Statement

Balance Sheet

The company has 98.04M in cash and 1.71M in debt, giving a net cash position of 96.33M.

Cash & Cash Equivalents 98.04M
Total Debt 1.71M
Net Cash 96.33M
Retained Earnings 76.67M
Total Assets 133.14M
Working Capital -3,453.7B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 12.72M and capital expenditures -2.26M, giving a free cash flow of 10.46M.

Operating Cash Flow 12.72M
Capital Expenditures -2.26M
Free Cash Flow 10.46M
FCF Per Share 1.13
Full Cash Flow Statement

Margins

Gross margin is 43.3%, with operating and profit margins of 31.86% and 20.81%.

Gross Margin 43.3%
Operating Margin 31.86%
Pretax Margin 31.1%
Profit Margin 20.81%
EBITDA Margin 31.88%
EBIT Margin 31.86%
FCF Margin 26.35%

Dividends & Yields

WETH does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield 13.69%
FCF Yield 17.33%
Dividend Details

Analyst Forecast

Currently there are no analyst rating for WETH.

Price Target n/a
Price Target Difference n/a
Analyst Consensus n/a
Analyst Count n/a
Stock Forecasts

Stock Splits

The last stock split was on Sep 12, 2023. It was a backward split with a ratio of 1:20.

Last Split Date Sep 12, 2023
Split Type backward
Split Ratio 1:20

Scores

Altman Z-Score -31126.52
Piotroski F-Score 3