Wetouch Technology Inc. Common Stock (WETH) — Strategic Asset Allocation Index
Wetouch Technology Inc. Common Stock (WETH) has a Strategic Asset Allocation Index of 16.2% as of September 2022. Strategic assets (PP&E of $10.59 Million plus long-term investments of $-) total $10.59 Million, measured against net assets of $65.49 Million. A higher index reflects capital-intensive or investment-heavy strategies where strategic assets dominate the equity base. See how leveraged is Wetouch Technology Inc. Common Stock's balance sheet to measure how much of total assets are equity-financed.
SAAI
Strategic Assets
PP&E
Net Assets
Wetouch Technology Inc. Common Stock Strategic Asset Allocation Index (2019–2021)
This chart shows how Wetouch Technology Inc. Common Stock's Strategic Asset Allocation Index has evolved across 3 annual periods from 2019 to 2021. As of September 2022, the index stands at 16.2%, representing strategic assets of $10.59 Million against net assets of $65.49 Million USD. For live market cap and overall valuation, see Wetouch Technology Inc. Common Stock stock valuation.
Annual Strategic Asset Allocation Index for Wetouch Technology Inc. Common Stock (2019–2021)
The table below presents the year-by-year Strategic Asset Allocation Index for Wetouch Technology Inc. Common Stock from 2019 to 2021, covering 3 annual filings. Each row shows PP&E, long-term investments, strategic assets combined, net assets, the index percentage, and the change in percentage points compared to the prior year. See Wetouch Technology Inc. Common Stock book value and equity for net asset value and shareholders' equity analysis.
| Year | SAAI | Strategic Assets (USD) | PP&E | LT Investments | Net Assets | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | 18.4% | $11.83 Million | $11.83 Million | $- | $64.31 Million | ▼ -3.0 pp |
| 2020 | 21.4% | $9.49 Million | $9.49 Million | $- | $44.35 Million | ▼ -9.1 pp |
| 2019 | 30.5% | $9.87 Million | $9.87 Million | $- | $32.30 Million | — |