# Wetouch Technology Inc. (WETH)

> Source: Nexqual · https://nexqual.com/WETH · data as of 2026-10-15 20:00 UTC · cite as "Nexqual, Wetouch Technology Inc. (WETH), nexqual.com/WETH" · informational, not investment advice.

**Price:** USD 1 (+2.54% on the day) · last close of Oct 15, 2026; US market closed, not a live price. Prev close 0.98 · day 0.96–1.05 · 52w 0.91–3.68 · market cap $13.4M · NCM

## Key facts
- Last four reported quarters (through Jun 30, 2026): revenue $47.7M, net income $8.4M (17.6% margin) (SEC filings).
- Valuation: P/E 1.6x (avg 2.8x at the last 2 fiscal year-ends).
- Analysts: None.
- Total return with dividends: 1Y -41.6% vs S&P 500 +18.1%; 5Y -78.3% vs S&P 500 +85.1%.

## Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $40.8M | $37.9M | $39.7M | $42.3M | $45.1M | $47.7M |
| Gross profit | $18.4M | $14.1M | $17.2M | $13.6M | $14.4M | — |
| Operating income | $12.6M | $11.4M | $12.7M | $9.3M | $10.0M | $11.2M |
| Net income | $17.4M | $8.7M | $8.3M | $6.0M | $7.2M | $8.4M |
| EPS (diluted) | $0.55 | $4.73 | $0.89 | $0.52 | $0.60 | — |
| Free cash flow | $2.4M | — | $10.5M | $797K | $7.1M | — |
| Gross margin | 45.2% | 37.0% | 43.3% | 32.2% | 31.8% | — |
| Operating margin | 31.0% | 30.1% | 31.9% | 22.0% | 22.1% | 23.4% |
| Net margin | 42.6% | 23.0% | 20.8% | 14.3% | 15.9% | 17.6% |
| Revenue growth | +30.1% | -7.0% | +4.7% | +6.5% | +6.8% | — |
| Cash + short-term investments | $46.2M | $51.3M | $98.0M | $104M | $118M | — |
Fiscal years end Dec. EPS is split-adjusted.

## Valuation (price ÷ last four quarters, through Jun 30, 2026)
P/E 1.6x · P/S 0.3x · P/B 0.1x · Earnings yield 62.67%
P/E at fiscal year-ends: Dec 2025 2.2x, Dec 2024 3.4x.

## Analysts
Consensus None.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-16) | 5Y (from 2024-02-19) |
|---|---|---|
| Total return | -41.6% | -78.3% |
| S&P 500 (SPY) | +18.1% | +85.1% |
| Per year | -41.8% | -43.8% |
| Volatility (annualized) | 92.5% | 103.8% |
| Max drawdown | -73.3% (Oct 2025→Aug 2026) | -82.7% (Feb 2024→Apr 2025) |

## Peers (Electronic Components)
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## More
Full page: https://nexqual.com/WETH · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt