Friday 6 November 2026
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Wetouch Technology Inc.
WETH Technology Electronic Components
Wetouch Technology Inc.’s revenue for fiscal 2025 (year ended December 2025) was $45.1 million, up 6.76% from fiscal 2024.
- Revenue
- +12.7%
- EPS
- −5.26%
- Free cash flow
- +87.7%
Quarter to June 2026, against a year earlier
0.77
0.09
−10.47%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | 41 | 38 | 40 | 42 | 45 | 48 | +2.6% | — | — | — | — | |
| Gross margin, % | — | — | — | — | — | 100.00 | 37.05 | 43.30 | 32.18 | 31.84 | 32.10 | (68.2) pt | ||||||
| EBT | — | — | — | — | — | 41 | 12 | 12 | 9 | 10 | 11 | (29.4%) | ||||||
| EBT margin, % | — | — | — | — | — | 100.00 | 31.86 | 31.10 | 20.55 | 22.51 | 23.68 | (77.5) pt | ||||||
| Net income | — | — | — | — | — | 0 | 9 | 8 | 6 | 7 | 8 | n/m | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | 25.64 | 23.39 | 4.28 | 3.64 | 3.78 | 3.89 | (38.0%) | |||||
| Earnings | — | — | — | — | — | 11.00 | 5.40 | 0.89 | 0.52 | 0.60 | 0.70 | (51.7%) | ||||||
| Cash flow | — | — | — | — | — | 0.00 | 5.30 | 1.37 | 0.09 | 0.62 | 0.67 | n/m | ||||||
| Capex | — | — | — | — | — | 0.00 | 0.00 | (0.24) | (0.02) | (0.03) | 0.00 | n/m | ||||||
| Free cash flow | — | — | — | — | — | 0.00 | 5.30 | 1.13 | 0.07 | 0.59 | 0.67 | n/m | ||||||
| Book value | — | — | — | — | — | 0.00 | 42.46 | 12.16 | 10.71 | 11.51 | 12.13 | n/m | ||||||
| Shares, m | — | — | — | — | — | 2 | 2 | 9 | 12 | 12 | 12 | +65.5% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | 1.83 | 1.83 | 6.15 | 3.54 | 2.25 | 1.11 | 3.1 | |||||
| P/S | — | — | — | — | — | 1.20 | 1.20 | 1.23 | 0.49 | 0.35 | 0.20 | 0.9 | ||||||
| P/B | — | — | — | — | — | 0.44 | 0.44 | 0.43 | 0.17 | 0.12 | 0.06 | 0.3 | ||||||
| EV/Sales | — | — | — | — | — | (1.07) | (1.07) | (1.23) | (1.96) | (2.26) | (2.46) | (1.5) | ||||||
| EV/FCF | — | — | — | — | — | (3.13) | (3.13) | (3.84) | (103.84) | (14.76) | (15.28) | (25.7) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | 9 | 13 | 1 | 7 | 8 | (4.9%) | |||||
| Capex | — | — | — | — | — | — | — | (2) | 0 | 0 | 0 | (62.3%) | ||||||
| Free cash flow | — | — | — | — | — | — | 9 | 10 | 1 | 7 | 8 | (6.3%) | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | 58 | 100 | 111 | 123 | 134 | +28.3% | |||||
| Net debt | — | — | — | — | — | — | (51) | (98) | (104) | (118) | (128) | +32.2% | ||||||
| Shareholders’ equity | — | — | — | — | — | — | 69 | 113 | 125 | 137 | 149 | +25.9% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | — | — | — | 0.00 | 23.88 | 8.58 | 4.87 | 5.33 | 5.79 | +5.3 pt | |||||
| ROIC | — | — | — | — | — | 0.00 | 40.57 | 53.13 | 27.96 | 32.73 | 32.84 | +32.7 pt | ||||||
| ROE | — | — | — | — | — | 0.00 | 0.00 | 9.09 | 5.08 | 5.47 | 5.98 | +5.5 pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | — | 131 | 131 | 152 | — | +7.7% | |||||
| Revenue/emp, $m | — | — | — | — | — | 0.00 | 0.00 | 0.30 | 0.32 | 0.30 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Dec 2025 · latest quarter Jun 2026 · fundamentals updated 25 Oct 2026
Wetouch Technology Inc. vs peers in Electronic Components (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| DSWL Deswell Industries, Inc. | $47.0M | 5.1× | — | −5.16% (below 0%: shrinking) | n/m | +833.46% (above 0%: growing) | 19.51% | 0.00% | Compare |
| ELTK Eltek Ltd. | $40.5M | — (loss-making) | 8.4× | −7.94% (below 0%: shrinking) | n/m | +94.44% (above 0%: growing) | (8.36%) | (22.07%) | Compare |
| DAIO Data I/O Corporation | $24.6M | — (loss-making) | — (loss-making) | −13.43% (below 0%: shrinking) | n/m | −397.95% (below 0%: shrinking) | 57.00% | (14.06%) | Compare |
| REFR Research Frontiers Incorporated | $12.9M | — (loss-making) | — (loss-making) | −78.56% (below 0%: shrinking) | n/m | −208.08% (below 0%: shrinking) | (517.32%) | (672.53%) | Compare |
| WETH Wetouch Technology Inc. | $10.2M | 1.1× | — | +12.74% (above 0%: growing) | −5.26% (below 0%: shrinking) | +87.69% (above 0%: growing) | 34.88% | 22.61% | |
| OST Ostin Technology Group Co., Ltd. | $10.2M | — (loss-making) | — | −60.75% (below 0%: shrinking) | −100.00% (below 0%: shrinking) | −72.90% (below 0%: shrinking) | 2.02% | 0.00% | Compare |
| NEON Neonode Inc. | $10.1M | 1.2× | — (loss-making) | −20.37% (below 0%: shrinking) | n/m | −9.97% (below 0%: shrinking) | 98.11% | (486.58%) | Compare |
| GAUZ Gauzy Ltd. | $7.5M | — (loss-making) | — (loss-making) | −17.84% (below 0%: shrinking) | n/m | +54.56% (above 0%: growing) | 21.37% | (62.38%) | Compare |
| MSAI MultiSensor AI Holdings, Inc. | $6.7M | — (loss-making) | — (loss-making) | +19.45% (above 0%: growing) | n/m | −105.04% (below 0%: shrinking) | 45.78% | (153.45%) | Compare |
| Median of peers | $11.5M | — | — | −15.63% | — | −41.43% | 20.44% | (42.22%) |
Pay and ownership Proxy statement filed 21 August 2026
Ownership
Directors and executive officers, together
less than 1%
Guangde Cai
5.95%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more.
Read the proxy statement