Wetouch Technology Inc.

Wetouch Technology Inc.verified

WETH

Price:

$1.83

Market Cap:

$21.83M

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, finan...[Read more]

Industry

Real Estate - Services

IPO Date

1994-01-31

Stock Exchange

PNK

Ticker

WETH

The ROE as of September 2024 (TTM) for Wetouch Technology Inc. (WETH) is 3.47%

According to Wetouch Technology Inc.’s latest financial reports and current stock price. The company's current ROE is 3.47%. This represents a change of 307.97% compared to the average of 0.85% of the last 4 quarters.

Wetouch Technology Inc. (WETH) Historical ROE (quarterly & annually)

How has WETH ROE performed in the past?

The mean historical ROE of Wetouch Technology Inc. over the last ten years is 22.10%. The current 3.47% ROE has changed -84.29% with respect to the historical average. Over the past ten years (40 quarters), WETH's ROE was at its highest in in the March 2021 quarter at 15.04%. The ROE was at its lowest in in the December 2023 quarter at -1.83%.

Quarterly (TTM)
Annual

Average

22.10%

Median

20.13%

Minimum

7.32%

Maximum

43.31%

Wetouch Technology Inc. (WETH) ROE by Quarter and Year

Discovering the peaks and valleys of Wetouch Technology Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 34.27%

Maximum Annual ROE = 43.31%

Minimum Annual Increase = -53.51%

Minimum Annual ROE = 7.32%

Quarterly (TTM)
Annual
YearROEChange
20237.32%-42.30%
202212.68%-53.09%
202127.04%34.27%
202020.13%-53.51%

Wetouch Technology Inc. (WETH) Average ROE

How has WETH ROE performed in the past?

The current ROE of Wetouch Technology Inc. (WETH) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

15.68%

5-year avg

22.10%

10-year avg

22.10%

Wetouch Technology Inc. (WETH) ROE vs. Peers

How is WETH’s ROE compared to its peers?

Wetouch Technology Inc.’s ROE is greater than Western Capital Resources, Inc. (0%), less than Tree Island Steel Ltd. (1.01%), greater than Santeon Group, Inc. (-55.35%), greater than Ferrexpo plc (-7.86%), less than CTPartners Executive Search Inc. (0%),

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