Wetouch Technology Inc.

Wetouch Technology Inc.

WETH
Wetouch Technology Inc.US flagNASDAQ Capital Market
1.43
USD
+0.05
- -
17.06MMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
28.57
21.79
25.64
23.4
4.28
- -
- -
2.83
Basic EPS, GAAP
9.8
6.21
10.93
5.39
0.89
- -
- -
0.52
Free Cash Flow per Basic Share
7.26
9.01
1.48
5.3
1.13
- -
- -
0.24
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
22.42
27.29
34.35
38.49
7.48
- -
- -
7.18
Tangible Book Value per Share
21.91
30.15
40.43
42.48
12.16
- -
- -
11.95
Basic Weighted Avg Shares
1
1
2
2
9
- -
- -
12
Sales/Revenue/Turnover
40
31
41
38
40
42
45
34
Operating Margin (%)
43.12
38.69
32.66
30.1
31.86
22.04
22.08
23.7
Depreciation Expense
1
1
- -
- -
- -
- -
1
- -
Net Income, GAAP
14
9
17
9
8
6
7
6
Effective Tax Rate (%)
16.57
14.78
20.23
27.75
33.07
30.59
29.51
23.33
Profit Margin (%)
34.29
28.49
42.63
23.02
20.81
14.26
15.86
18.44
Working Capital
21
34
54
58
100
111
123
129
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
32
44
64
69
113
125
137
143
Return on Invested Capital (%)
- -
26.6
19.12
12.05
9.14
5.37
5.31
8.43
Return on Capital (%)
- -
29.27
36.29
14.74
12.47
9.32
9.06
14.46
Return on Common Equity (%)
- -
25.28
37.03
14.92
12.54
8.37
9.15
14.53

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
12
Market Capitalization
15
16
15

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
125
126
133
Cash, Cash Equivalents & STI
113
118
121
Accounts Receivable, Net
11
7
11
Inventories
- -
- -
- -
Total Current Liabilities
5
3
4
Payables & Accruals
4
3
4
ST Debt
1
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
27.34%
10.28%
Free Cash Flow
- -
179.76%
786.71%
Net Income, GAAP
- -
6.25%
18.73%
Sales/Revenue/Turnover
- -
8.21%
6.76%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15
12
12
4
42
2025
- -
- -
12
5
45
2026
16
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
0.23
0.22
- -
- -
2025
- -
- -
0.21
- -
- -
2026
0.32
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Zongyi Lian
Full Time Employees
131
Sector
Technology
Industry
Consumer Electronics
Address
No.29, Third Main Avenue Meishan People's Republic of China 620500
IPO Date
Jan 31, 1994
Business
Wetouch Technology Inc. (NASDAQ:WETH), founded in 2011 and headquartered in Meishan, China, engages in the research, development, manufacture, sale, and servicing of medium- to large-sized projected capacitive touchscreens ranging from 7 to 42 inches for automotive, industrial human-machine interface (HMI), financial and banking terminals, point-of-sale systems, lottery and gaming machines, medical equipment, smart home devices, robots, and charging stations; its core products include glass-glass (GG) touch panels used primarily in GPS/car entertainment panels for mid-size and luxury vehicles, industrial HMI, financial terminals, point-of-sale, and lottery machines; glass-film-film (GFF) panels applied in GPS/entertainment panels, industrial HMI, financial terminals, lottery, and gaming; plastic-glass (PG) panels for GPS/entertainment panels, motor vehicle GPS, smart home products, robots, and charging stations; and glass-film (GF) panels for industrial HMI. The company operates primarily in the People's Republic of China, with additional markets in Taiwan, South Korea, Europe, Southeast Asia, and internationally, generating the majority of its revenue domestically while expanding overseas through strategic supply chain integrations. In November 2025, Wetouch secured long-term five-year supply qualifications with Siemens AG for high-end industrial HMI series targeting Germany and Europe and core programmable logic controller (PLC) touchscreen products focused on Southeast Asia, expected to contribute approximately $10 million in additional annual revenue; earlier in 2024, it completed a $10.8 million public offering to fund new factory construction in Chengdu, production line purchases, research and development, debt repayment, and working capital, alongside Nasdaq Capital Market listing approval under the WETH ticker; for the first half of fiscal 2025 ended June 30, 2025, the company reported revenue of $27.7 million (up 2.2% year-over-year), gross profit of $9.8 million (up 18.9%), net income of $4.8 million (up 45.5%), and cash reserves of $110.5 million, with its new Chengdu facility on track for completion by end-2025 and mass production in Q2 2026.

Company News

APIChat
  • WeTouch Receives Siemens' "Collaboration Star 2025" Award, Deepening Cooperation with Global Industrial Automation Leader

  • WeTouch Technology Inc. Reports First Quarter Fiscal Year 2026 Revenue of $16.3 Million and Net Income of $3.9 Million, Representing a 50.0% Year-over-Year Increase in Net Income

  • Wetouch Technology Inc. Reports Fiscal Year 2025 Revenue of $45.1 Million and Net Income of $7.2 Million

  • Wetouch Technology (NASDAQ:WETH) Shares Down 3.6% – Time to Sell?

  • Reviewing CommVault Systems (NASDAQ:CVLT) and Wetouch Technology (NASDAQ:WETH)

  • WeTouch Technology Inc. Reports Third Quarter Fiscal Year 2025 Financial Results - Net Income Up 23.7% Year-over-Year for First Nine Months; Cash Reaches $9.48 Per Share

  • WeTouch Announces Regaining Compliance with Periodic Reporting Requirements and Nasdaq Listing Rule 5250(c)(1)

  • WeTouch Technology Inc. Reports First Half Fiscal Year 2025 Financial Results: Net Income Up 45.5% Year-over-Year; Cash Reaches $9.26 Per Share

  • WeTouch Technology Inc. Reports First Quarter Fiscal Year 2025 Financial Results: Net Income Surges Over Fourfold, Cash Reaches $8.9 Per Share

  • WeTouch Technology Inc. Reports Fiscal Year 2024 Record Revenue of $42.3 Million

  • Wetouch Technology Inc. Receives Nasdaq Notification Regarding Delinquent Periodic Reports

  • WeTouch Technologies Inc. Receives Nasdaq Extension to File Financial Reports

  • WeTouch Technologies Inc. Unveils New Corporate Video and Website to Strengthen Shareholder Engagement

  • WeTouch Technology Inc. (NASDAQ: WETH) Announces Strategic Partnership with Leading Electronics Manufacturer to Expand into South Korean Market

  • Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program

  • WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders

  • WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million

  • Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders

  • Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023

  • Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023