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 Peoples 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… Read more
Wetouch Technology Inc. Common Stock (WETH) - Total Assets
Latest total assets as of September 2025: $139.91 Million USD
Based on the latest financial reports, Wetouch Technology Inc. Common Stock (WETH) holds total assets worth $139.91 Million USD as of September 2025.
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.
Wetouch Technology Inc. Common Stock - Total Assets Trend (2020–2024)
This chart illustrates how Wetouch Technology Inc. Common Stock’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Wetouch Technology Inc. Common Stock - Asset Composition Analysis
Current Asset Composition (December 2024)
Wetouch Technology Inc. Common Stock's total assets of $139.91 Million consist of 89.2% current assets and 10.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 81.1% |
| Accounts Receivable | $7.50 Million | 5.9% |
| Inventory | $112.33K | 0.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2020–2024)
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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Wetouch Technology Inc. Common Stock's current assets represent 89.2% of total assets in 2024, an increase from 77.8% in 2020.
- Cash Position: Cash and equivalents constituted 81.1% of total assets in 2024, up from 50.9% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 2.0% in 2020.
- Asset Diversification: The largest asset category is accounts receivable at 5.9% 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 |
|---|---|---|
|
DukSan Neolux Co.Ltd
KQ:213420
|
Korea | ₩682.28 Billion |
|
Gmt Global Inc.
TWO:4573
|
Taiwan | NT$1.75 Billion |
|
Hanchem Co,. Ltd.
KQ:457370
|
Korea | ₩63.76 Billion |
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020
|
China | CN¥753.23 Million |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049
|
China | CN¥17.35 Billion |
|
CPT Technology Group Co Ltd
SHE:000536
|
China | CN¥5.40 Billion |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636
|
China | CN¥16.69 Billion |
|
YoungPoong
KO:000670
|
Korea | ₩5.85 Trillion |
Wetouch Technology Inc. Common Stock - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Wetouch Technology Inc. Common Stock generates 0.33x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Wetouch Technology Inc. Common Stock generates $ 4.71 in net profit.
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 | 26.69 | 34.75 | 5.43 |
| Quick Ratio | 26.68 | 34.69 | 5.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $120.49 Million | $ 116.56 Million | $ 30.84 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 | 0.13 |
| Latest Market Cap to Assets Ratio | 0.12 |
| Asset Growth Rate (YoY) | 7.0% |
| Total Assets | $128.02 Million |
| Market Capitalization | $15.49 Million USD |
Valuation Analysis
Below Book Valuation: The market values Wetouch Technology Inc. Common Stock's assets below their book value (0.12 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Wetouch Technology Inc. Common Stock's assets grew by 7.0% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Wetouch Technology Inc. Common Stock (2020–2024)
The table below shows the annual total assets of Wetouch Technology Inc. Common Stock from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 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 | -- |