Wetouch Technology Inc.

NasdaqCM WETH

Wetouch Technology Inc. Net Income Margin for the year ending December 31, 2023: 20.81%

Wetouch Technology Inc. Net Income Margin is 20.81% for the year ending December 31, 2023, a -9.59% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.
  • Wetouch Technology Inc. Net Income Margin for the year ending December 31, 2022 was 23.02%, a -45.99% change year over year.
  • Wetouch Technology Inc. Net Income Margin for the year ending December 31, 2021 was 42.63%, a 49.63% change year over year.
  • Wetouch Technology Inc. Net Income Margin for the year ending December 31, 2020 was 28.49%, a -16.91% change year over year.
  • Wetouch Technology Inc. Net Income Margin for the year ending December 31, 2019 was 34.29%.
Key data
Date Net Income Margin EBITDA Margin EBIT Margin EBITDA
Market news
NasdaqCM: WETH

Wetouch Technology Inc.

CEO Mr. Zongyi Lian
IPO Date Jan. 31, 1994
Location China
Headquarters No.29, Third Main Avenue
Employees 131
Sector Technology
Industries
Smartphones Hardware & Electronics
Description

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, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.

StockViz Staff

January 15, 2025

Any question? Send us an email