WETH - Wetouch Technology... Stock Analysis | Stock Taper
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Wetouch Technology Inc.

WETH

Wetouch Technology Inc. NASDAQ
$1.39 -0.71% (-0.01)

Market Cap $16.58 M
52w High $3.68
52w Low $0.77
P/E 1.96
Volume 89.81K
Outstanding Shares 11.93M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q1-2026 $16.31M $728.28K $3.87M 23.7% $0.32 $5.25M
Q4-2025 $5.25M $854.2K $-171.23K -3.26% $-0.01 $3.29K
Q3-2025 $12.18M $852.48K $2.53M 20.75% $0.21 $3.31M
Q2-2025 $12.42M $1.03M $2.24M 18.05% $0.19 $3.27M
Q1-2025 $15.29M $1.67M $2.56M 16.76% $0.21 $4.17M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q1-2026 $120.52T $147.29T $4.12T $143.17T
Q4-2025 $118.36M $140.77M $3.37M $137.39M
Q3-2025 $113.19M $140.07M $4.91M $135.17M
Q2-2025 $110.45M $137.02M $5.22M $131.81M
Q1-2025 $106.41M $133.68M $5.8M $127.88M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q1-2026 $3.87T $519.5B $0 $0 $2.15T $519.5B
Q4-2025 $-171.23K $-1.1M $-322.3K $0 $5.17M $-1.42M
Q3-2025 $2.53M $3.81M $0 $0 $2.74M $3.81M
Q2-2025 $2.24M $2.64M $0 $0 $4.04M $2.64M
Q1-2025 $2.56M $2.04M $0 $0 $2.65M $2.04M

Revenue by Geography

Region Q2-2025Q3-2025Q4-2025Q1-2026
CHINA
CHINA
$0 $0 $0 $0
KOREA REPUBLIC OF
KOREA REPUBLIC OF
$0 $0 $0 $0

5-Year Trend Analysis

A comprehensive look at Wetouch Technology Inc.'s financial evolution and strategic trajectory over the past five years.

+ Strengths

Wetouch combines strong reported profitability with exceptionally robust cash generation and a very conservative balance sheet, featuring high cash reserves and minimal debt. It operates in specialized segments of the touchscreen market where performance, durability, and customization matter, and it has established relationships with major global equipment manufacturers. Its products are tailored to high-value, mission-critical applications, which can support pricing power and customer stickiness.

! Risks

Key concerns include limited visibility into multi-year trends, unusual accounting items (such as negative selling and marketing expenses and zero reported R&D), and some inconsistencies in basic descriptive data about the company. Strategically, the business faces intense competition and rapid technological change, potential dependence on a relatively small number of large customers, and questions about whether it is investing enough in growth versus simply accumulating cash. Geopolitical and supply-chain risks are also relevant given its operating base.

Outlook

The outlook for Wetouch depends largely on its ability to convert its current financial strength and technical capabilities into sustained, innovation-driven growth. If it continues to win business for its newer-generation products, deepens its role in automotive, industrial, and medical markets, and deploys its large cash reserves thoughtfully, it could maintain strong cash flows and a solid market position. However, data anomalies, lack of a long track record in the provided figures, and the inherently competitive nature of the display industry add a meaningful degree of uncertainty to any forward view.