WETH · XBRL financial data

Wetouch Technology financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WETH's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022†Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	31,346	40,785	37,923	39,706	42,280	45,137
Revenue from contracts with customers	31,346	40,688	37,923	39,706	14,940	14,202
Cost of revenue	15,736	22,354	23,873	22,515	28,674	30,766
Cost of goods and services sold	15,736	22,257	23,873	—	—	—
Gross profit	15,610	18,431	14,050	17,191	13,607	14,371
Research and development	78	89	85	85	—	—
General and administrative	2,322	1,937	1,262	3,847	3,537	3,835
Total operating expenses	3,729	5,806	2,636	4,540	4,289	4,404
Operating income (loss)	11,881	12,625	11,415	12,650	9,317	9,966
Interest income	82	96	119	118	152	157
Interest expense	1,729	27	225	252	1,170	—
Other income (expense)	—	—	—	(47)	11	—
Income tax expense (benefit)	1,549	4,410	3,353	4,083	2,658	2,998
Net income (loss)	8,930	17,386	8,730	8,264	6,031	7,161
Earnings per share, basic USD per share	0.31	0.55	0.27	0.89	0.52	0.60
Earnings per share, diluted USD per share	0.31	0.55	0.27	0.89	0.52	0.60
Weighted average shares, basic thousands of shares	28,775	31,812	32,410	9,286	11,630	11,932
Weighted average shares, diluted thousands of shares	28,985	32,653	36,875	9,375	11,681	11,932

† Share count changed about 6x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/16 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (WETH's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022†Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	23,964	46,164	51,251	98,041	103,760	118,363
Accounts receivable	11,927	7,991	9,058	7,455	7,505	6,505
Inventory	402	244	423	222	112	45
Prepaid and other current assets	228	2,446	1,451	1,064	2,763	1,190
Total current assets	36,598	56,845	62,182	106,782	114,140	126,103
Property and equipment, net	9,491	11,833	10,924	12,860	12,783	8,886
Right-of-use asset	—	—	—	—	1,055	521
Total assets	47,064	68,678	73,106	119,641	128,019	140,637
Accounts payable	892	801	1,383	641	1,264	1,064
Accrued liabilities	—	—	—	241	—	—
Total current liabilities	2,277	3,242	4,015	6,342	2,951	3,244
Total deposits thousands of CNY	—	—	—	—	—	500
Lease liability, non-current	—	—	—	—	483	—
Total liabilities	2,710	4,370	4,272	6,721	3,434	3,244
Retained earnings	39,229	54,610	62,367	69,477	74,629	81,790
Total stockholders' equity	44,354	64,308	68,834	112,921	124,586	137,393
Total liabilities and equity	47,064	68,678	73,106	119,641	128,019	140,637
Common shares outstanding (cover page) thousands of shares	31,812	31,812	193,605	11,932	11,932	11,932

† Share count changed about 6x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/16 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

Fiscal years (WETH's year ends in late December)

In thousands of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022†Dec 31, 2022	FY 2023†Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	8,930	17,386	8,730	8,264	6,031	7,161
Stock-based compensation	1,064	3,149	—	—	—	—
Net cash from operating activities	12,963	14,051	8,586	12,724	1,069	7,392
Purchases of property and equipment	—	—	—	2,264	272	322
Net cash from investing activities	—	6,164	—	(2,264)	(272)	(322)
Proceeds from issuing common stock	—	—	—	—	8,990	—
Proceeds from long-term debt	—	1,793	—	—	—	—
Net cash from financing activities	(4,704)	1,863	(653)	39,945	7,589	—
Net change in cash	9,684	22,200	5,087	46,790	5,720	14,603

† Share count changed about 6x in the period ending 2022-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.
† Share count changed about 1/16 in the period ending 2023-12-31, likely a stock split with no split ratio in the XBRL data; figures before that column are not adjusted.

SIC 3577 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 3577 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($K)	Revenue, quarter ($K)	Operating cash flow, quarter ($K)	Shares outstanding	Runway	Quarter
Wetouch Technology	127,517	14,001	4,949*	13.4M	—	Q2 FY26 10-QJun 30, 2026
Foxx Development Holdings	1,473	6,978*	(1,695)*	7.1M	0.9 quarters	Q4 FY26 10-KJun 30, 2026
Interlink Electronics	1,831	3,770	(286)*	15.8M	6.4 quarters	Q2 FY26 10-QJun 30, 2026
Tianci International	4,443	2,229*	(512)*	1.2M	8.7 quarters	Q4 FY26 10-KJul 31, 2026
Socket Mobile	1,606	3,033	136*	8.3M	—	Q2 FY25 10-QJun 30, 2026
Ainos	1,423	0.2	(1,448)*	7.4M	1.0 quarters	Q2 FY26 10-QJun 30, 2026
Transact Technologies	19,387	13,948	2,155*	10.3M	—	Q2 FY26 10-QJun 30, 2026
Intrusion	182	not reported	(3,590)*	24.5M	0.1 quarters	Q2 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.