Wetouch Technology Inc. Common Stock (WETH) - Total Assets
Based on the latest financial reports, Wetouch Technology Inc. Common Stock (WETH) holds total assets worth $147.29 Million USD as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore WETH debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Wetouch Technology Inc. Common Stock - Total Assets Trend (2019–2025)
This chart illustrates how Wetouch Technology Inc. Common Stock's total assets have evolved over time, based on quarterly financial data. See Wetouch Technology Inc. Common Stock book value and equity for net asset value and shareholders' equity analysis.
Wetouch Technology Inc. Common Stock - Asset Composition Analysis
Current Asset Composition (December 2025)
Wetouch Technology Inc. Common Stock's total assets of $147.29 Million consist of 89.6% current assets and 10.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 84.1% |
| Accounts Receivable | $6.68 Million | 4.8% |
| Inventory | $48.84K | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $544.12K | 0.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2025)
This chart illustrates how Wetouch Technology Inc. Common Stock's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see WETH market cap overview.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wetouch Technology Inc. Common Stock's current assets represent 89.6% of total assets in 2025, an increase from 74.0% in 2019.
- Cash Position: Cash and equivalents constituted 84.1% of total assets in 2025, up from 34.2% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 4.8% of total assets.
Wetouch Technology Inc. Common Stock Competitors by Total Assets
Key competitors of Wetouch Technology Inc. Common Stock based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Suzhou Dongshan Precision Manufacturing Co Ltd
SHE:002384
|
China | CN¥63.05 Billion |
|
Avary Holding Shenzhen Co Ltd Class A
SHE:002938
|
China | CN¥47.93 Billion |
|
Shanghai Wanye Enterprises Co Ltd
SHG:600641
|
China | CN¥12.26 Billion |
|
Everdisplay Optronics Shanghai Co Ltd
SHG:688538
|
China | CN¥26.98 Billion |
|
Xiamen Faratronic Co Ltd
SHG:600563
|
China | CN¥8.77 Billion |
|
XiaMen HongXin Electron-tech Co Ltd
SHE:300657
|
China | CN¥8.53 Billion |
|
Guangzhou Zhiguang Electric Co Ltd
SHE:002169
|
China | CN¥10.46 Billion |
|
Shanghai Yct Electronics Group Co.Ltd
SHE:301099
|
China | CN¥4.07 Billion |
Wetouch Technology Inc. Common Stock - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 32.24 | 38.68 | 16.42 |
| Quick Ratio | 32.23 | 38.64 | 16.36 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $128.61 Million | $111.19 Million | $55.59 Million |
Wetouch Technology Inc. Common Stock - Advanced Valuation Insights
This section examines the relationship between Wetouch Technology Inc. Common Stock's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.10 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 10.0% |
| Total Assets | $140.77 Million |
| Market Capitalization | $13.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wetouch Technology Inc. Common Stock's assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wetouch Technology Inc. Common Stock's assets grew by 10.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wetouch Technology Inc. Common Stock (2019–2025)
The table below shows the annual total assets of Wetouch Technology Inc. Common Stock from 2019 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | $140.77 Million | +9.96% |
| 2024-12-31 | $128.02 Million | +7.00% |
| 2023-12-31 | $119.64 Million | +63.66% |
| 2022-12-31 | $73.11 Million | +6.45% |
| 2021-12-31 | $68.68 Million | +45.93% |
| 2020-12-31 | $47.06 Million | +12.74% |
| 2019-12-31 | $41.74 Million | -- |
About Wetouch Technology Inc. Common Stock
Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large-sized projected capacitive touchscreens in the Republic of China, Taiwan, South Korea, and internationally. The company offers various touch panels, including glass-glass, used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), finan… Read more