Wetouch Technology Inc.
WETHNasdaqTechnology · Computer Peripheral Equipment, NEC · NV · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $14.2M | $14.9M | $39.7M | $37.9M | $40.7M | $31.3M |
| Operating income | $10.0M | $9.3M | $12.7M | $11.4M | $12.6M | $11.9M |
| Net income | $7.2M | $6.0M | $8.3M | $8.7M | $17.4M | $8.9M |
| Total assets | $140.6M | $128.0M | $119.6M | $73.1M | $68.7M | $47.1M |
| Total liabilities | $3.2M | $3.4M | $6.7M | $4.3M | $4.4M | $2.7M |
| Equity | $137.4M | $124.6M | $112.9M | $68.8M | $64.3M | $44.4M |
| EPS (diluted) | $0.60 | $0.52 | $0.89 | $4.73 | $0.55 | $0.31 |
| Shares out. | 11.9M | 11.9M | 193.6M | 31.8M | 31.8M | 31.5M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 70.2%
- Net margin
- 50.4%
- Return on equity
- 5.2%
- Return on assets
- 5.1%
- Return on capital (ROCE)
- 7.3%
- Liabilities / assets
- 2.3%
- Debt / equity
- 0.02×
- Book value / share
- $11.52
- Revenue growth (YoY)
- −4.9%
- Net income growth (YoY)
- 18.7%
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 52.58safe
- Accruals / assets
- −0.2%clean
- Piotroski F-Score
- 8/9strong
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 1 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Revenue declined year-over-year
- Operating margin is positive
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 31, 2026
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2025
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2024
- NT 10-Qmissed a reporting deadline ↗May 16, 2024
- NT 10-Kmissed a reporting deadline ↗Apr 1, 2024
- NT 10-Qmissed a reporting deadline ↗Aug 14, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 3,205 | 1.0 | -95.1% |
| Apr 30, 2026 | 65,221 | 1.0 | -22.8% |
| Apr 15, 2026 | 84,431 | 1.9 | -5.8% |
| Mar 31, 2026 | 89,655 | 2.9 | +3.9% |
| Mar 13, 2026 | 86,327 | 1.8 | -16.6% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Amended charter or bylawsJan 12, 2026
- Shareholder voteDec 31, 2025
- Director / officer changeNov 3, 2025
- Other material eventOct 14, 2025
- Director / officer changeSep 18, 2025
- Delisting / listing-standard noticeSep 16, 2025
- Director / officer changeSep 9, 2025
- Delisting / listing-standard notice · Regulation FD disclosureAug 26, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗- 10-QQUARTERLY REPORTMay 15, 2026
- 10-KANNUAL REPORTApr 13, 2026
- NT 10-KNOTIFICATION OF LATE FILINGMar 31, 2026
- 8-KCURRENT REPORTJan 12, 2026
- 8-KCURRENT REPORTDec 31, 2025
- 10-QQUARTERLY REPORTNov 12, 2025
- DEFR14AREVISED DEFINITIVE PROXY STATEMENTNov 7, 2025
- DEFA14ADEFINITIVE ADDITIONAL MATERIALSNov 5, 2025
- DEFR14AREVISED DEFINITIVE PROXY STATEMENTNov 5, 2025
- DEF 14ADEFINITIVE PROXY STATEMENTNov 4, 2025
- 8-KCURRENT REPORTNov 3, 2025
- PRE 14APRELIMINARY PROXY STATEMENTOct 24, 2025
- 8-KCURRENT REPORTOct 14, 2025
- 10-QQUARTERLY REPORTOct 9, 2025
- 10-QQUARTERLY REPORTOct 8, 2025