SequelSEC

Wetouch Technology Inc. WETH

Computer Peripheral Equipment, NEC · CIK 0001826660 · Fiscal year ends 1231

Revenue
$43.89M
Fiscal year ended 2026-06-30
Operating income
$11.16M
Fiscal year ended 2026-06-30
Free cash flow
Unavailable
Fiscal year ended 2026-06-30

Valuation, from the filing

Public float$11.33MMarket value of stock held by non-affiliates, as stated on the cover page for 2025-06-30
Float per share$0.95Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / net income1.6×A lower bound on the multiple, because affiliate holdings are excluded.
Float / revenue0.3×A lower bound on the multiple, because affiliate holdings are excluded.
Float / equity0.1×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2025-06-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-12-31 — the year that filing covered.

Valuation over time

1.6× earnings today, against a median of 3.9× across 5 years on record. Below its own history.

Float measuredPublic floatFloat / net income
2025-06-30$11.33M1.6×
2024-06-28$31.38M5.2×
2023-06-30$77.00M9.3×
2022-06-30$11.27M1.3×
2021-06-30$67.65M3.9×

Each float is paired with the fiscal year the filing that stated it covers. Only years where the company reported positive net income appear, because a multiple against a loss is not a multiple.

How this compares in its industry

Percentile among the Computer Peripheral Equipment, NEC filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Current ratio38.88x100th
Net margin15.9%92th
Operating margin22.1%92th
FCF margin15.7%75th
Gross margin31.8%30th
Revenue YoY growth6.8%31th
Effective tax rate29.5%60th
CapEx / revenue0.7%50th

Wetouch Technology Inc. (WETH) reported revenue of $43.89M and net income of $8.39M for the fiscal year ended 2026-06-30. This page shows 1 annual period of income statement, balance sheet and cash flow figures normalized from Wetouch Technology Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Computer Peripheral Equipment, NEC.

Income

Wetouch Technology Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Revenue$43.89M
Cost of revenue$32.42M
Gross profit$15.32M
Operating income$11.16M
Net income$8.39M
Research & developmentUnavailable
Weighted-average diluted sharesUnavailable
Pretax income$11.31M
Income tax expense$2.92M
Diluted EPSUnavailable
Selling, general & administrativeUnavailable
General & administrative$2.47M
Selling & marketingUnavailable

Balance

Wetouch Technology Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Cash & equivalents$127.52M
Total assets$152.59M
Current assets$137.95M
Total liabilities$3.83M
Current liabilities$3.83M
Total equity incl. NCI$148.76M
Temporary (mezzanine) equityUnavailable
Inventory$9.18K
Accounts receivable$9.33M
GoodwillUnavailable
Long-term debtUnavailable
Accounts payable$861.78K

Cash flow

Wetouch Technology Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Operating cash flow$8.18M
Capital expendituresUnavailable
Investing cash flowUnavailable
Financing cash flowUnavailable
Net change in cash$17.06M
Stock-based compensationUnavailable
Common dividends paidUnavailable
Common share repurchasesUnavailable
Depreciation & amortization$44.37K

Derived

Wetouch Technology Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-06-30
Free cash flowUnavailable
Gross margin34.9%
Operating margin25.4%
FCF marginUnavailable
SBC / revenueUnavailable
Current ratio35.99x
Revenue YoY growth4.7%
Net margin19.1%
R&D / revenueUnavailable
CapEx / revenueUnavailable
Long-term debt / equityUnavailable
Effective tax rate25.8%

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open WETH in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-08-14View SEC filing
10-Q · Filed 2026-05-15View SEC filing
10-K · Filed 2026-04-13View SEC filing
10-Q · Filed 2025-11-12View SEC filing
10-Q · Filed 2025-10-09View SEC filing
10-Q · Filed 2025-10-08View SEC filing

Companies in the same industry

Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.