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Wetouch Technology NasdaqCM:WETH Stock Report

Last Price

US$1.62

Market Cap

US$19.3m

7D

-2.4%

1Y

-68.2%

Updated

22 Dec, 2024

Data

Company Financials

Wetouch Technology Inc.

NasdaqCM:WETH Stock Report

Market Cap: US$19.3m

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

WETH fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health6/6
Dividends0/6

My Notes

Capture your thoughts, links and company narrative

Wetouch Technology Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Wetouch Technology
Historical stock prices
Current Share PriceUS$1.62
52 Week HighUS$8.20
52 Week LowUS$1.13
Beta0.056
1 Month Change-8.73%
3 Month Change-7.95%
1 Year Change-68.24%
3 Year Change-91.47%
5 Year Changen/a
Change since IPO-98.38%

Recent News & Updates

Be Wary Of Wetouch Technology (NASDAQ:WETH) And Its Returns On Capital

Nov 20
Be Wary Of Wetouch Technology (NASDAQ:WETH) And Its Returns On Capital

Recent updates

Be Wary Of Wetouch Technology (NASDAQ:WETH) And Its Returns On Capital

Nov 20
Be Wary Of Wetouch Technology (NASDAQ:WETH) And Its Returns On Capital

Wetouch Technology (NASDAQ:WETH) Will Be Hoping To Turn Its Returns On Capital Around

Feb 22
Wetouch Technology (NASDAQ:WETH) Will Be Hoping To Turn Its Returns On Capital Around

Not Many Are Piling Into Wetouch Technology Inc. (NASDAQ:WETH) Stock Yet As It Plummets 52%

Feb 22
Not Many Are Piling Into Wetouch Technology Inc. (NASDAQ:WETH) Stock Yet As It Plummets 52%

Shareholder Returns

WETHUS ElectronicUS 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

Is WETH's price volatile compared to industry and market?
WETH volatility
WETH Average Weekly Movement16.7%
Electronic Industry Average Movement6.4%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
2011131Zongyi Lianwww.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

How do Wetouch Technology's earnings and revenue compare to its market cap?
WETH fundamental statistics
Market capUS$19.33m
Earnings (TTM)US$3.86m
Revenue (TTM)US$41.02m

5.0x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WETH income statement (TTM)
RevenueUS$41.02m
Cost of RevenueUS$28.27m
Gross ProfitUS$12.76m
Other ExpensesUS$8.90m
EarningsUS$3.86m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin31.09%
Net Profit Margin9.41%
Debt/Equity Ratio0.3%

How did WETH perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 04:18
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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.

AnalystInstitution