Wetouch Technology Inc (WETH)

$1.00 -0.17 (-14.53%)
Market Cap 13.96M
Revenue (ttm) 45.14M
Net Income (ttm) 7.16M
EPS (ttm) N/A
PE Ratio 1.68
Forward PE N/A
Profit Margin 15.86%
Debt to Equity Ratio 0.00
Volume 384,100
Avg Vol 162,396
Day's Range N/A - N/A
Shares Out 11.93M
Stochastic %K 15%
Beta 0.77
Analysts Strong Buy
Price Target N/A

Company Profile

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), financial and banking terminals, point of sale, and lottery machines; glass-film-film products that are us...

Industry: Electronic Components
Sector: Technology
Phone: 86 28 3739 0666
Address:
No. 29, Third Main Avenue, Shigao Town Renshou County, Meishan, China
dd101go
dd101go Aug. 4 at 7:30 AM
$WETH if they issued 12 million shares at 3.25/share to raise about 39 million and gain over 50% control of the share count it would have been easier to swallow, that almost 70% discount to cash value per share would have been high enough above current price to give the appearance of a promo of cheap share price, for anyone who thinks any cash is really out there. Illogical is all we can see in the current proposal,
0 · Reply
BEATWALLSTREET
BEATWALLSTREET Aug. 4 at 4:18 AM
$WETH In my opinion, it's hard to believe those insiders actually wired $38 million. There have been cases where Chinese-listed companies were accused of fraudulent financial reporting, so I'm skeptical. To me, it looks like nothing more than ink on paper until there's convincing evidence the cash is real.
0 · Reply
dd101go
dd101go Aug. 4 at 1:41 AM
$WETH 08/4th starts countdown to reverse split after the big dilution at huge discount, they should have kept it in their britches and not screwed everone so bad.
0 · Reply
nasdaqman
nasdaqman Aug. 4 at 12:49 AM
$WETH this should of required shareholder vote according to all the sec rules.
0 · Reply
Value_Amigo
Value_Amigo Aug. 3 at 10:05 PM
$WETH I have never seen such poor capital allocation decision making ever especially with a company that has PLENTY of excess capital 120 mil and a profitable business (at least according to SEC financial reports). These deadbeats can spin the news as positive, but it is a joke. Allowing Insiders to buy stock in private offering at such discounted levels is criminal with large cash position already?. I suggest everyone in a professional manner contact SEC asking for an investigation of such brazen shareholder diluting actions. https://www.sec.gov/submit-tip-or-complaint/tips-complaints-resources/report-suspected-securities-fraud-or-wrongdoing
0 · Reply
nasdaqman
nasdaqman Aug. 3 at 8:37 PM
$WETH once the angry sellers get out and we know what their using the cash for we should bounce closer to the desl price.
1 · Reply
Wrappps
Wrappps Aug. 3 at 7:07 PM
$WETH Anyone have any info on the the other company ? I cant find much other than there a very lucky cousin of the family . I own shares but without knowing about the companies and if merger its hard to make a decision. I just got very lucky with $LESL , think about transferring some shares of $WETH for whats potentially a BK company and hope for a repeat move . Still bullish here just need more info .
1 · Reply
disdaniel
disdaniel Aug. 3 at 7:00 PM
$WETH added a little (just 3k) on drop this morning (massive stock sale at that price is simply unconscionable, but I was willing to add/hold a month ago under $1 too)
0 · Reply
nasdaqman
nasdaqman Aug. 3 at 6:50 PM
$WETH not a seller want to see if deal even closes and what they do with the capital of 160 million to 170 million cash.
2 · Reply
dd101go
dd101go Aug. 3 at 5:50 PM
$WETH if you sell me shares at 20 cents, it will help me average down like insider control owners share to cash value percentage, C'mon, sacrifice and help a bagholder average down, China needs to improve their school systems! https://finance.yahoo.com/markets/stocks/articles/wetouch-founder-directors-management-team-133000668.html
0 · Reply
Latest News on WETH
WeTouch's Founder, Directors and Management Team Increase Long-Term Ownership Through a Premium-Priced Share Subscription of Approximately $38.8 Million with a 12-Month Lock-Up

Aug 3, 2026, 9:30 AM EDT - 18 hours ago

WeTouch's Founder, Directors and Management Team Increase Long-Term Ownership Through a Premium-Priced Share Subscription of Approximately $38.8 Million with a 12-Month Lock-Up

Wetouch announces $500,000 special cash dividend

2026-07-28T13:40:45.000Z - 6 days ago

Wetouch announces $500,000 special cash dividend

WeTouch Technology Inc. Board Approves $0.5 Million Special Cash Dividend to Enhance Shareholder Value

Jul 28, 2026, 9:10 AM EDT - 6 days ago

WeTouch Technology Inc. Board Approves $0.5 Million Special Cash Dividend to Enhance Shareholder Value

Wetouch enters global supply chain of Japanese office equipment manufacturer

2026-07-14T13:35:09.000Z - 20 days ago

Wetouch enters global supply chain of Japanese office equipment manufacturer

WeTouch Enters Global Supply Chain of One of Japan's Top Three Office Equipment Manufacturers

Jul 14, 2026, 9:30 AM EDT - 20 days ago

WeTouch Enters Global Supply Chain of One of Japan's Top Three Office Equipment Manufacturers

Wetouch enters sales cooperation agreement with Shenzhen Sub-Space Robotics

2026-06-16T13:35:10.000Z - 6 weeks ago

Wetouch enters sales cooperation agreement with Shenzhen Sub-Space Robotics

WeTouch Technology Inc. Signs Strategic Sales Cooperation Agreement to Advance Its Expansion into Robotics and AI-Powered Smart Hardware

Jun 16, 2026, 9:30 AM EDT - 6 weeks ago

WeTouch Technology Inc. Signs Strategic Sales Cooperation Agreement to Advance Its Expansion into Robotics and AI-Powered Smart Hardware

WeTouch Receives Siemens' "Collaboration Star 2025" Award, Deepening Cooperation with Global Industrial Automation Leader

May 28, 2026, 9:30 AM EDT - 2 months ago

WeTouch Receives Siemens' "Collaboration Star 2025" Award, Deepening Cooperation with Global Industrial Automation Leader

Wetouch expects ‘continued demand’ in established markets

2026-05-18T13:41:26.000Z - 2 months ago

Wetouch expects ‘continued demand’ in established markets

WeTouch Technology Inc. Reports First Quarter Fiscal Year 2026 Revenue of $16.3 Million and Net Income of $3.9 Million, Representing a 50.0% Year-over-Year Increase in Net Income

May 18, 2026, 9:30 AM EDT - 2 months ago

WeTouch Technology Inc. Reports First Quarter Fiscal Year 2026 Revenue of $16.3 Million and Net Income of $3.9 Million, Representing a 50.0% Year-over-Year Increase in Net Income

Wetouch Technology Inc. Reports Fiscal Year 2025 Revenue of $45.1 Million and Net Income of $7.2 Million

Apr 14, 2026, 9:30 AM EDT - 3 months ago

Wetouch Technology Inc. Reports Fiscal Year 2025 Revenue of $45.1 Million and Net Income of $7.2 Million

WeTouch Technology Inc. Reports Third Quarter Fiscal Year 2025 Financial Results - Net Income Up 23.7% Year-over-Year for First Nine Months; Cash Reaches $9.48 Per Share

Nov 12, 2025, 9:30 AM EST - 9 months ago

WeTouch Technology Inc. Reports Third Quarter Fiscal Year 2025 Financial Results - Net Income Up 23.7% Year-over-Year for First Nine Months; Cash Reaches $9.48 Per Share

Wetouch secures supply contracts with Siemens

2025-11-04T14:41:01.000Z - 9 months ago

Wetouch secures supply contracts with Siemens

Wetouch regains compliance with Nasdaq periodic reporting rules

2025-10-14T13:41:09.000Z - 10 months ago

Wetouch regains compliance with Nasdaq periodic reporting rules

WeTouch Announces Regaining Compliance with Periodic Reporting Requirements and Nasdaq Listing Rule 5250(c)(1)

Oct 14, 2025, 9:30 AM EDT - 10 months ago

WeTouch Announces Regaining Compliance with Periodic Reporting Requirements and Nasdaq Listing Rule 5250(c)(1)

WeTouch Technology Inc. Reports First Half Fiscal Year 2025 Financial Results: Net Income Up 45.5% Year-over-Year; Cash Reaches $9.26 Per Share

Oct 9, 2025, 9:30 AM EDT - 10 months ago

WeTouch Technology Inc. Reports First Half Fiscal Year 2025 Financial Results: Net Income Up 45.5% Year-over-Year; Cash Reaches $9.26 Per Share

WeTouch Technology Inc. Reports First Quarter Fiscal Year 2025 Financial Results: Net Income Surges Over Fourfold, Cash Reaches $8.9 Per Share

Oct 7, 2025, 10:30 AM EDT - 10 months ago

WeTouch Technology Inc. Reports First Quarter Fiscal Year 2025 Financial Results: Net Income Surges Over Fourfold, Cash Reaches $8.9 Per Share

WeTouch Technology Inc. Reports Fiscal Year 2024 Record Revenue of $42.3 Million

Sep 10, 2025, 9:30 AM EDT - 11 months ago

WeTouch Technology Inc. Reports Fiscal Year 2024 Record Revenue of $42.3 Million

Wetouch Technology Inc. Receives Nasdaq Notification Regarding Delinquent Periodic Reports

Aug 26, 2025, 5:00 PM EDT - 1 year ago

Wetouch Technology Inc. Receives Nasdaq Notification Regarding Delinquent Periodic Reports

Wetouch opens Taiwan office, targets $10M in annual revenue

2025-08-06T13:35:15.000Z - 1 year ago

Wetouch opens Taiwan office, targets $10M in annual revenue

WeTouch Technologies Inc. Receives Nasdaq Extension to File Financial Reports

Jun 27, 2025, 9:00 AM EDT - 1 year ago

WeTouch Technologies Inc. Receives Nasdaq Extension to File Financial Reports

Wetouch receives Nasdaq non-compliance notification

2025-05-30T21:15:14.000Z - 1 year ago

Wetouch receives Nasdaq non-compliance notification

Wetouch sees FY24 revenue $42.3M

2025-04-28T13:50:06.000Z - 1 year ago

Wetouch sees FY24 revenue $42.3M

Wetouch receives Nasdaq notification of non-compliance

2025-04-24T13:47:11.000Z - 1 year ago

Wetouch receives Nasdaq notification of non-compliance

Wetouch announces $100M supply agreement with electronics company

2025-04-21T12:22:09.000Z - 1 year ago

Wetouch announces $100M supply agreement with electronics company

WeTouch Technologies Inc. Unveils New Corporate Video and Website to Strengthen Shareholder Engagement

Mar 25, 2025, 9:30 AM EDT - 1 year ago

WeTouch Technologies Inc. Unveils New Corporate Video and Website to Strengthen Shareholder Engagement

Wetouch partners with South Korean electronics manufacturer

2025-01-23T14:40:48.000Z - 1 year ago

Wetouch partners with South Korean electronics manufacturer

WeTouch Technology Inc. (NASDAQ: WETH) Announces Strategic Partnership with Leading Electronics Manufacturer to Expand into South Korean Market

Jan 23, 2025, 9:30 AM EST - 1 year ago

WeTouch Technology Inc. (NASDAQ: WETH) Announces Strategic Partnership with Leading Electronics Manufacturer to Expand into South Korean Market

Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program

Jul 8, 2024, 9:30 AM EDT - 2 years ago

Wetouch Technologies Inc. Announces $15 Million Stock Buyback Program

WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders

Jun 24, 2024, 9:30 AM EDT - 2 years ago

WeTouch Technology Inc. CEO Zongyi Lian's Letter to Shareholders

WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million

Jun 17, 2024, 9:45 AM EDT - 2 years ago

WeTouch Announces First Quarter Fiscal Year 2024 Financial Results with Cash Reserves of $94.8 Million

Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders

May 6, 2024, 9:45 AM EDT - 2 years ago

Wetouch Technology Inc. Unveils Cutting-Edge Second-Generation Touchscreen Products and Receives US $15M in Orders

Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023

Apr 22, 2024, 10:00 AM EDT - 2 years ago

Wetouch Technology Inc. Announces $56.3M USD Revenue Guidance for FY 2024, Reflecting 41% Growth Over FY 2023

Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023

Apr 1, 2024, 10:21 AM EDT - 2 years ago

Wetouch Technology Inc. Preannounce Earnings for Fiscal Year 2023

Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market

Mar 18, 2024, 9:17 AM EDT - 2 years ago

Wetouch Announces Strategic Collaboration with IDEC Corporation, Elevating Presence in Japanese Touch Display Market

WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH )

Feb 28, 2024, 9:00 AM EST - 2 years ago

WestPark Capital Announces Closing of $10.8 Million Public Offering of Common Stock for Wetouch Technology Inc (Nasdaq: WETH )

Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock

Feb 23, 2024, 4:00 PM EST - 2 years ago

Wetouch Technology Inc. Announces Closing of $10.8 Million Public Offering of Common Stock

Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market

Feb 20, 2024, 9:45 PM EST - 2 years ago

Wetouch Technology Inc. Announces Pricing of $10.8 Million Public Offering of Common Stock and Concurrent Uplisting to the Nasdaq Capital Market

Wetouch Technology Inc. Announces Construction Progress on New Production Facility

Sep 22, 2022, 8:30 AM EDT - 4 years ago

Wetouch Technology Inc. Announces Construction Progress on New Production Facility

Wetouch Technology Inc. (WETH) Announces FY2022 Financial Guidance

Sep 7, 2022, 8:30 AM EDT - 4 years ago

Wetouch Technology Inc. (WETH) Announces FY2022 Financial Guidance

Wetouch Technology Inc. (WETH) Reports Second Quarter 2021 Unaudited Financial Results

Aug 10, 2021, 9:00 AM EDT - 5 years ago

Wetouch Technology Inc. (WETH) Reports Second Quarter 2021 Unaudited Financial Results

Wetouch Technology Inc. (WETH) Reports First Quarter 2021 Unaudited Financial Results

May 26, 2021, 8:30 AM EDT - 5 years ago

Wetouch Technology Inc. (WETH) Reports First Quarter 2021 Unaudited Financial Results

Wetouch Technology Inc. (WETH) Receives Approval to trade on the OTCQB Market

Mar 31, 2021, 8:30 AM EDT - 5 years ago

Wetouch Technology Inc. (WETH) Receives Approval to trade on the OTCQB Market

Wetouch Technology Inc. (WETH) Plans to Relocate to Chengdu and Receives $17.7 million compensation

Mar 22, 2021, 9:00 AM EDT - 5 years ago

Wetouch Technology Inc. (WETH) Plans to Relocate to Chengdu and Receives $17.7 million compensation

Correction--Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications

Jan 21, 2021, 9:33 PM EST - 6 years ago

Correction--Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products for Aviation Applications

Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products from Air China Limited for Aviation Applications

Jan 20, 2021, 9:00 AM EST - 6 years ago

Wetouch Technology Inc. (WETH) Receives Orders of Its Touchscreen Products from Air China Limited for Aviation Applications

Wetouch Technology Inc. (WETH) Sees Increased Demand of Its Touchscreen Products for Medical Devices in Response to COVID-19 Pandemic

Jan 4, 2021, 9:00 AM EST - 6 years ago

Wetouch Technology Inc. (WETH) Sees Increased Demand of Its Touchscreen Products for Medical Devices in Response to COVID-19 Pandemic

dd101go
dd101go Aug. 4 at 7:30 AM
$WETH if they issued 12 million shares at 3.25/share to raise about 39 million and gain over 50% control of the share count it would have been easier to swallow, that almost 70% discount to cash value per share would have been high enough above current price to give the appearance of a promo of cheap share price, for anyone who thinks any cash is really out there. Illogical is all we can see in the current proposal,
0 · Reply
BEATWALLSTREET
BEATWALLSTREET Aug. 4 at 4:18 AM
$WETH In my opinion, it's hard to believe those insiders actually wired $38 million. There have been cases where Chinese-listed companies were accused of fraudulent financial reporting, so I'm skeptical. To me, it looks like nothing more than ink on paper until there's convincing evidence the cash is real.
0 · Reply
dd101go
dd101go Aug. 4 at 1:41 AM
$WETH 08/4th starts countdown to reverse split after the big dilution at huge discount, they should have kept it in their britches and not screwed everone so bad.
0 · Reply
nasdaqman
nasdaqman Aug. 4 at 12:49 AM
$WETH this should of required shareholder vote according to all the sec rules.
0 · Reply
Value_Amigo
Value_Amigo Aug. 3 at 10:05 PM
$WETH I have never seen such poor capital allocation decision making ever especially with a company that has PLENTY of excess capital 120 mil and a profitable business (at least according to SEC financial reports). These deadbeats can spin the news as positive, but it is a joke. Allowing Insiders to buy stock in private offering at such discounted levels is criminal with large cash position already?. I suggest everyone in a professional manner contact SEC asking for an investigation of such brazen shareholder diluting actions. https://www.sec.gov/submit-tip-or-complaint/tips-complaints-resources/report-suspected-securities-fraud-or-wrongdoing
0 · Reply
nasdaqman
nasdaqman Aug. 3 at 8:37 PM
$WETH once the angry sellers get out and we know what their using the cash for we should bounce closer to the desl price.
1 · Reply
Wrappps
Wrappps Aug. 3 at 7:07 PM
$WETH Anyone have any info on the the other company ? I cant find much other than there a very lucky cousin of the family . I own shares but without knowing about the companies and if merger its hard to make a decision. I just got very lucky with $LESL , think about transferring some shares of $WETH for whats potentially a BK company and hope for a repeat move . Still bullish here just need more info .
1 · Reply
disdaniel
disdaniel Aug. 3 at 7:00 PM
$WETH added a little (just 3k) on drop this morning (massive stock sale at that price is simply unconscionable, but I was willing to add/hold a month ago under $1 too)
0 · Reply
nasdaqman
nasdaqman Aug. 3 at 6:50 PM
$WETH not a seller want to see if deal even closes and what they do with the capital of 160 million to 170 million cash.
2 · Reply
dd101go
dd101go Aug. 3 at 5:50 PM
$WETH if you sell me shares at 20 cents, it will help me average down like insider control owners share to cash value percentage, C'mon, sacrifice and help a bagholder average down, China needs to improve their school systems! https://finance.yahoo.com/markets/stocks/articles/wetouch-founder-directors-management-team-133000668.html
0 · Reply
sstock22
sstock22 Aug. 3 at 5:27 PM
$WETH I don't know about you all, but I've been scooping up more shares! 🙂
2 · Reply
dd101go
dd101go Aug. 3 at 5:27 PM
$WETH world is full of friendly fire, stupid, indeed, 'On August 1st, a UKMTO advisory reported an attack on two vessels near Oman, with the Chinese state-owned LNG tanker "GasLog Shanghai" sustaining severe damage and reported adrift.' abundance of gaslighting with WETH is plentiful. https://finance.yahoo.com/markets/stocks/articles/wetouch-founder-directors-management-team-133000668.html
0 · Reply
STACKD0E
STACKD0E Aug. 3 at 4:52 PM
$WETH 👁️
1 · Reply
PMdungbeetle
PMdungbeetle Aug. 3 at 4:28 PM
$WETH everyone - file a complaint with the SEC. Probably time for a class action suit.
1 · Reply
RicoTrading
RicoTrading Aug. 3 at 3:42 PM
$WETH And they talk about short sale restrictions, not restricted short sale. They will short this into oblivion. Why? Because they only gain by it, taking it private when market cap is 5mln or lower.
0 · Reply
Value_Amigo
Value_Amigo Aug. 3 at 3:26 PM
$WETH Listen to these scumbags. "This is not a sale of existing shares or a cash-out by insiders. The capital will be paid directly to the Company to support its next stage of development. Going forward, we remain focused on improving operating efficiency, strengthening our core business, expanding into intelligent terminal systems and robotics, and creating sustainable long-term value for our shareholders." Scumbag BoD's sold our asset at a large discount to financial statement reports. Great time to raise capital w/large cash position and profitable op business. Makes alot of sense coming from Chinese Mafia Thugs. Ever hear of criminal negligence? It is the BoD's duty to represent shareholders best interest and shareholder value?
1 · Reply
Lilstonkz
Lilstonkz Aug. 3 at 2:33 PM
$WETH I dumped some after hours friday. buying under a buck today.
0 · Reply
vdm_reborn
vdm_reborn Aug. 3 at 2:19 PM
$WETH too much negative comments here make new potential investors like me not wanna touch this. I’m glad I didn’t
1 · Reply
Lilstonkz
Lilstonkz Aug. 3 at 2:08 PM
$WETH First time I've ever seen a company dilute shareholders by two thirds, for no reason whatsoever.. terrible management
3 · Reply
disdaniel
disdaniel Aug. 3 at 1:51 PM
$WETH its almost like the folks running this company are trying to minimize shareholder value
0 · Reply
RicoTrading
RicoTrading Aug. 3 at 1:40 PM
$WETH touched 0,9349 already... Hopeless management. Shareholdervalue...
0 · Reply
Pat93322
Pat93322 Aug. 3 at 11:45 AM
$WETH in the press release, they wrote that the cash is not for the new plant. Would it be too build inventory for the various new business deal they have annonce recently? Growth need cash, even if the stock was undervalued, if the growth require cash, maybe the board evaluate that it worth selling new shares?
1 · Reply