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WETHWetouch Technology Inc.
$1.25$15M
Overview & Verdict
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WETH logoWetouch Technology Inc.(WETH)Earnings, Financials & Key Ratios

WETH•NASDAQ
$1.25
2.1× P/E·Price updated Jul 6, 2026
SectorReal EstateIndustryReal Estate ServicesSub-IndustryReal estate data, listings and marketplaces
AboutWetouch 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.Show more
  • Revenue$45M+6.8%
  • EBITDA$11M+13.5%
  • Net Income$7M+18.7%
  • EPS (Diluted)0.60+15.4%
  • Gross Margin31.84%-1.1%
  • EBITDA Margin23.46%+6.4%
  • Operating Margin22.08%+0.2%
  • Net Margin15.86%+11.2%
  • ROE5.47%+7.6%

WETH Price & Volume

Wetouch Technology Inc. (WETH) stock price & volume — 10-year historical chart

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Excessive Cash Reserves Mask Project Revenue Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Strong
Financial:Fortress
Cash Flow:Mixed
Primary Risk:Excessive idle cash accumulation

Key Thesis Takeaways

  • Wetouch Technology operates a niche, high-margin business in PCAP touchscreen manufacturing, yet its reliance on lumpy, project-based revenue cycles creates significant earnings instability.
  • While the company maintains a fortress balance sheet with $120.5 million in cash, the lack of strategic capital deployment suggests a potential 'cash trap' that limits long-term shareholder value creation.
  • Investors should monitor whether the firm can transition from sporadic project-based income to a more predictable, scalable growth model.

Verdict Logic

while the stock trades at a low P/E of 1.78, the lack of clear strategic reinvestment for its $120.5 million cash pile and the inherent volatility of project-based revenue streams warrant a cautious, wait-and-see approach.

WETH Growth Metrics

Wetouch Technology Inc. (WETH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years7.56%
3 Years5.98%
TTM8.12%

Profit CAGR

10 Years-
5 Years-4.32%
3 Years-6.39%
TTM5.34%

EPS CAGR

10 Years-
5 Years-37.32%
3 Years-49.79%
TTM5.44%

Return on Capital

10 Years21.8%
5 Years13.83%
3 Years9.76%
Last Year7.59%

Latest WETH News

Recent stock market news and headlines for Wetouch Technology Inc. (WETH)

Accesswire·Jun 16, 2026
WeTouch Technology Inc. Signs Strategic Sales Cooperation Agreement to Advance Its Expansion into Robotics and AI-Powered Smart Hardware

Strategic Cooperation Strengthens the Company's Positioning in the Robotics and AI-Powered Smart Hardware Value Chain CHENGDU, CHINA / ACCESS Newswire / June 16, 2026 / WeTouch Technology Inc. (NASDAQ:WETH) ("WeTouch" or the "Company"), a provider of touch display solutions, today announced that the Company has entered into a strategic sales cooperation agreement with Shenzhen Sub-Space Robotics Co., Ltd. Through this cooperation, the Company intends to build upon its existing touch display panels, control panels and human-machine interaction display module business to further participate in the development, integration and production application of robotic products, AI-powered smart hardware and embodied AI terminals, advancing its expansion from core components and modules into broader intelligent hardware manufacturing applications.

Peers Comparison

Key metrics vs top competitors for Wetouch Technology Inc. (WETH)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
WETH logoWETHWetouch Technology Inc.Current
$1.25$14.91M2.086.76%15.86%5.47%—
GTEC logoGTECGreenland Technologies Holding Corporation
$0.57$14.24M1.838.04%6.27%8.53%—
CODA logoCODACoda Octopus Group, Inc.
$9.67$109.08M26.1430.75%17.66%8.33%—
INTT logoINTTinTEST Corporation
$15.25$190.56M-72.62-12.9%0.49%0.57%—
DAKT logoDAKTDaktronics, Inc.
$19.92$961.83M21.6510.87%5.41%15.49%—
UEIC logoUEICUniversal Electronics Inc.
$4.73$59.74M-3.35-6.73%-5.54%-13.45%—

Compare WETH vs Peers

Wetouch Technology Inc. (WETH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs GTEC

Most directly comparable listed peer for WETH.

Scale Benchmark

vs FLEX

Larger-name benchmark to compare WETH against a more recognizable public peer.

Peer Set

Compare Top 5

vs GTEC, CODA, INTT, DAKT

WETH SEC Filings & Documents

Wetouch Technology Inc. (WETH) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jan 12, 2026·SEC

Material company update

Dec 31, 2025·SEC

Material company update

Nov 3, 2025·SEC

10-K Annual Reports

5
FY 2026

Apr 13, 2026·SEC

FY 2025

Sep 11, 2025·SEC

FY 2024

Apr 17, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 15, 2026·SEC

FY 2025

Nov 12, 2025·SEC

FY 2025

Oct 9, 2025·SEC

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WETH Frequently Asked Questions

Wetouch Technology Inc. (WETH) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Wetouch Technology Inc.'s revenue?

Wetouch Technology Inc. (WETH) reported $46.2M in revenue for fiscal year 2025. This represents a 15% increase from $40.0M in 2019.

How fast is Wetouch Technology Inc. growing?

Wetouch Technology Inc. (WETH) grew revenue by 6.8% over the past year. This is steady growth.

Is WETH profitable?

Yes, Wetouch Technology Inc. (WETH) is profitable, generating $8.5M in net income for fiscal year 2025 (15.9% net margin).

Dividend & Returns
What is WETH's return on equity?

Wetouch Technology Inc. (WETH) has a return on equity (ROE) of 5.5%. This is below average, suggesting room for improvement.

What is Wetouch Technology Inc.'s free cash flow?

Wetouch Technology Inc. (WETH) generated $5.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in WETH back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →