Wetouch Technology Inc. (WETH) stock
WETHNasdaqComputer Peripheral Equipment, NECFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026Score 18/3095% below fair value
$0.80−0.01 (-1.07%)
Close on Nov 13, 2026Market cap $10.76MP/E 1.1Yield –
Wetouch Technology r&d expenses
Research and development expenses are spending on new products and technology.
Wetouch Technology's R&D Expenses for the twelve months ending Sep 30, 2024 was $152.51K, up 86.5% year over year. For fiscal 2023 it was $84.55K, down 0.8% from the year before. The highest annual figure on record is $136.43K in fiscal 2019.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2023 | Dec 31, 2023 | $84.55K | -0.8% |
| FY2022 | Dec 31, 2022 | $85.25K | -4.7% |
| FY2021 | Dec 31, 2021 | $89.48K | +14.7% |
| FY2020 | Dec 31, 2020 | $78.00K | -42.8% |
| FY2019 | Dec 31, 2019 | $136.43K | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2024 | Sep 30, 2024 | $43.86K | +113.1% |
| Q2 FY2024 | Jun 30, 2024 | $43.21K | +112.0% |
| Q1 FY2024 | Mar 31, 2024 | $42.74K | +104.6% |
| Q4 FY2023 | Dec 31, 2023 | $22.70K | +13.8% |
| Q3 FY2023 | Sep 30, 2023 | $20.58K | -0.8% |
| Q2 FY2023 | Jun 30, 2023 | $20.38K | -6.1% |
| Q1 FY2023 | Mar 31, 2023 | $20.89K | -8.6% |
| Q4 FY2022 | Dec 31, 2022 | $19.94K | -11.1% |
| Q3 FY2022 | Sep 30, 2022 | $20.74K | -6.9% |
| Q2 FY2022 | Jun 30, 2022 | $21.71K | -3.9% |
| Q1 FY2022 | Mar 31, 2022 | $22.86K | +3.1% |
| Q4 FY2021 | Dec 31, 2021 | $22.44K | -3.1% |
| Q3 FY2021 | Sep 30, 2021 | $22.27K | +3.4% |
| Q2 FY2021 | Jun 30, 2021 | $22.59K | +25.8% |
| Q1 FY2021 | Mar 31, 2021 | $22.18K | +44.6% |
| Q4 FY2020 | Dec 31, 2020 | $23.17K | – |
| Q3 FY2020 | Sep 30, 2020 | $21.53K | – |
| Q2 FY2020 | Jun 30, 2020 | $17.96K | – |
| Q1 FY2020 | Mar 31, 2020 | $15.34K | – |
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