WETH Stock Overview
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. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
Rewards
Risk Analysis
+ 1 more risk
My Notes
Capture your thoughts, links and company narrative
Wetouch Technology Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$1.62 |
| 52 Week High | US$8.20 |
| 52 Week Low | US$1.13 |
| Beta | 0.056 |
| 1 Month Change | -8.73% |
| 3 Month Change | -7.95% |
| 1 Year Change | -68.24% |
| 3 Year Change | -91.47% |
| 5 Year Change | n/a |
| Change since IPO | -98.38% |
Recent News & Updates
Shareholder Returns
| WETH | US Electronic | US Market | |
|---|---|---|---|
| 7D | -2.4% | -3.1% | -2.4% |
| 1Y | -68.2% | 17.7% | 23.4% |
Return vs Industry: WETH underperformed the US Electronic industry which returned 17.7% over the past year.
Return vs Market: WETH underperformed the US Market which returned 23.4% over the past year.
Price Volatility
| WETH volatility | |
|---|---|
| WETH Average Weekly Movement | 16.7% |
| Electronic Industry Average Movement | 6.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: WETH's share price has been volatile over the past 3 months compared to the US market.
Volatility Over Time: WETH's weekly volatility has decreased from 23% to 17% over the past year, but is still higher than 75% of US stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2011 | 131 | Zongyi Lian | www.wetouchinc.com |
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. The company offers various touch panels, including 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 products that are used in GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; plastic-glass for use in GPS/entertainment panels, motor vehicle GPS, smart home products, robots, and charging stations; and glass-films used in industrial HMI. Wetouch Technology Inc. was founded in 2011 and is based in Meishan, China.
Wetouch Technology Inc. Fundamentals Summary
| WETH fundamental statistics | |
|---|---|
| Market cap | US$19.33m |
| Earnings (TTM) | US$3.86m |
| Revenue (TTM) | US$41.02m |
5.0x
P/E Ratio0.5x
P/S RatioIs WETH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WETH income statement (TTM) | |
|---|---|
| Revenue | US$41.02m |
| Cost of Revenue | US$28.27m |
| Gross Profit | US$12.76m |
| Other Expenses | US$8.90m |
| Earnings | US$3.86m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.32 |
| Gross Margin | 31.09% |
| Net Profit Margin | 9.41% |
| Debt/Equity Ratio | 0.3% |
How did WETH perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 04:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wetouch Technology Inc. is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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