Wetouch Technology Stock (NASDAQ:WETH)


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$0.84

52W Range

$0.76 - $2.96

50D Avg

$0.94

200D Avg

$1.35

Market Cap

$9.49M

Avg Vol (3M)

$54.80K

Beta

0.05

Div Yield

-

WETH Company Profile


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. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers 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, which are primarily used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.

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Industry

Real Estate - Services

Sector

Real Estate

Exchange

NASDAQ

ADR

-

Country

CN

Employees

131

IPO Date

Jan 31, 1994

Website

WETH Performance


Revenue Breakdown


Revenue Breakdown by Product/Service

Product/ServiceSep 24Jun 24Mar 24
CHINA$7.43M$7.87M$9.37M
KOREA, REPUBLIC OF$1.83M$1.96M$2.17M
TAIWAN$2.25M$2.41M$3.20M

Fiscal year ends in Dec 23 | Currency in USD

WETH Financial Summary


Dec 23Dec 22Dec 21
Revenue$39.71M$37.92M$40.79M
Operating Income$12.65M$11.41M$12.62M
Net Income$8.26M$8.73M$17.39M
EBITDA$12.66M$11.42M$13.01M
Basic EPS$0.89$5.39$10.93
Diluted EPS$0.88$4.74$10.65

Fiscal year ends in Dec 23 | Currency in USD