NASDAQ: WETHWetouch Technology Inc Stock
$2.00-0.27 (-11.89%)
Updated Apr 26, 2024
WETH Price
$2.00
Fair Value Price
N/A
Market Cap
$23.80M
52 Week Low
$1.67
52 Week High
$5.70
P/E
2.24x
P/B
0.21x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$39.71M
Earnings
$8.26M
Gross Margin
43.3%
Operating Margin
31.73%
Profit Margin
20.8%
Debt to Equity
0.06
Operating Cash Flow
$13M
Beta
0.65
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A
WETH Overview
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.
Zen Score
–
Industry Average (29)
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Due Diligence Checks
WETH was unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
WETH is good value based on its earnings relative to its share price (2.24x), compared to the US market average (41.14x)
P/E vs Market Valuation
WETH is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
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WETH News
Valuation
WETH price to earnings (PE)
For valuing profitable companies with steady earnings
Company
2.24x
Industry
38.37x
Market
41.14x
WETH is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
WETH is good value based... subscribe to Premium to read more.
P/E vs Market Valuation
WETH price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
0.21x
Industry
13.83x
WETH is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
WETH's financial health
Profit margin
Revenue
$2.4M
Net Income
-$2.1M
Profit Margin
-86.8%
WETH's Earnings (EBIT) of $12.60M... subscribe to Premium to read more.
Interest Coverage Financials
WETH's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$119.6M
Liabilities
$6.7M
Debt to equity
0.06
WETH's short-term assets ($106.78M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
WETH's short-term assets ($106.78M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
WETH's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
WETH's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
$3.7M
Investing
-$2.3M
Financing
$0.0
WETH's operating cash flow ($12.72M)... subscribe to Premium to read more.
Debt Coverage Financials
WETH vs Computer Hardware Stocks
Wetouch Technology Stock FAQ
Company
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.