WETH
WETH
Wetouch Technology Inc.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 | Q2-2025 | Q3-2025 | Q4-2025 | Q1-2026 |
|---|---|---|---|---|
CHINA | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
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.
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.
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.
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.
About Wetouch Technology Inc.
https://www.wetouchinc.comWetouch 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.
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 | Q2-2025 | Q3-2025 | Q4-2025 | Q1-2026 |
|---|---|---|---|---|
CHINA | $0 ▲ | $0 ▲ | $0 ▲ | $0 ▲ |
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.
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.
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.
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.

CEO
Zongyi Lian
Compensation Summary
(Year 2023)
Split Record
| Date | Type | Ratio |
|---|---|---|
| 2023-09-12 | Reverse | 1:20 |
| 2020-10-06 | Reverse | 1:70 |
Ratings Snapshot
Rating : B+

