WETHNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31

Wetouch Technology Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026

$0.97−0.03 (-2.98%)

Close on Oct 19, 2026

Market cap: $11.90M
P/E (TTM): 1.4
Dividend yield: –

Wetouch Technology Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31	FY 2020 2020-12-31	FY 2019 2019-12-31
Revenue	45	42	40	38	41	31	40
Cost of Revenue	31	29	23	24	22	16	20
Gross Profit	14	14	17	14	18	16	20
Research & Development	–	–	0.08	0.09	0.09	0.08	0.14
General & Administrative	3.83	3.54	3.85	1.26	1.94	2.32	2.33
Operating Expenses	4.40	4.29	4.54	2.64	5.81	3.73	2.74
Operating Income	9.97	9.32	13	11	13	12	17
Interest Expense	–	1.17	0.25	0.22	0.03	1.73	0.02
Interest & Investment Income	0.16	0.15	0.12	0.12	0.10	0.08	0.08
Other Non-Operating Income	0.19	-0.63	-0.30	0.67	9.17	-1.40	-0.56
Gain (Loss) on Sale of Assets	–	–	–	–	7.65	–	–
Pretax Income	10	8.69	12	12	22	10	16
Income Tax Expense	3.00	2.66	4.08	3.35	4.41	1.55	2.72
Net Income	7.16	6.03	8.26	8.73	17	8.93	14
EPS (Basic)(per share)	0.60	0.52	0.89	5.38	10.82	6.10	9.64
EPS (Diluted)(per share)	0.60	0.52	0.89	4.73	10.82	6.10	9.64
Shares Outstanding (Basic, Weighted)(shares)	12	12	9.29	1.62	1.62	1.46	1.42
Shares Outstanding (Diluted, Weighted)(shares)	12	12	9.38	1.84	1.66	1.47	1.42
EBITDA	9.99	9.33	13	11	13	13	18

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 32.1%
Operating margin: 23.4%
Net margin: 17.6%
Return on equity, FY2025: 5.5%

Financial strength

Current ratio: 35.99
Debt to equity: –
Debt to assets: –
Cash to current liabilities: 3326.8%

Valuation

P/E ratio: 1.4
Price to sales: 0.25
Price to book: 0.08
Dividend yield: –