Wetouch Technology Inc. (WETH)

Nasdaq: WETH · Computer Peripheral Equipment, NEC · filing with the SEC since 2020

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Grade5.2

◀ Past 2.7● Present 5.4▶ Future 7.4

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

The grade of Wetouch Technology Inc.

Nine metrics read from its own filings, by tense

Headline grade

5.2/10

◀ Past2.730% of the headline

● Present5.440% of the headline

▶ Future7.430% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

2.7/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed

2.1/10

Has it survived what it has been through?

20 warning events since 2020; the latest 2026-03-31.

weight 33% of this tense · 21st percentile among 19 sector filers · read for itself

From the record

Wetouch Technology Inc.'s filings since 2020 show 20 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 6 times, the latest 2025-09-16); an auditor change (8-K item 4.01, 4 times, the latest 2025-07-14); a late-report notice (Form NT 10-K or NT 10-Q, 10 times, the latest 2026-03-31) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed

3.5/10

What has it actually done, year after year?

-15.8% a year over 7 filed years; profitable in 7 of 7.

weight 45% of this tense · 35th percentile among 18 sector filers · read for its customers

From the record

Wetouch Technology Inc.'s 7 filed years say what it did: revenue went from $40 million in fiscal 2019 to $14 million in fiscal 2025, down 15.8% a year; it rose in 2 of 6 years; the deepest fall was 70% from fiscal 2021 to fiscal 2023; net income was positive in 7 of 7 of those years (its annual reports).

What it rests on

revenue growth over the filed span-15.8%bottom 9% of its family
the share of years revenue rosebottom 14% of its family
the share of filed years with a profittop 8% of its family
the deepest fall from a revenue peak70.4%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed

1.8/10

How has it treated the people who own it?

Share count grew 86.3% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 18th percentile among 13 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Wetouch Technology Inc.'s diluted share count grew about 86.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

the share count over the yearsbottom 13% of its family
cash returned against operating cash flowbottom 23% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

5.4/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed

6.0/10

Is it financially healthy right now?

ROE 5%: 5¢ of profit per shareholder dollar. Leverage 2%: owes 2¢ per asset dollar.

weight 45% of this tense · 60th percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Wetouch Technology Inc. earned about 5 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 10 cents per dollar of everything the company owns. Leverage: it owed about 2 cents per dollar of assets, and net share issuance: its share count grew 2.1% over the year (the filed statements).

What it rests on

what it owes per dollar of assetstop 3% of its family
return on equitytop 19% of its family
gross profit against assetsbottom 22% of its family
the share count against the year beforebottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed

4.5/10

How strong is its position in its industry?

bottom 45% of 19 in its family; net margin 50.4%.

weight 33% of this tense · 45th percentile among 19 sector filers · read for its customers

From the record

Wetouch Technology Inc.'s standing among 19 graded names in its industry family: revenue of $14 million in fiscal 2025 ranks in the bottom 18% by size; a net margin of 50.4% ranks in the top 3%; revenue growth of -27.9% a year over the last 3 filed years ranks in the bottom 18% (its annual reports).

What it rests on

revenue against the family$14.2Mbottom 18% of its family
net margin50.4%top 3% of its family
three-year revenue growth-27.9%bottom 18% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate

5.5/10

What are the people in charge doing?

SI estimate 5.5/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 13 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate: No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 13 members with one.
What the record cannot read: No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned: family median, 13 readings behind it.
Confidence: 20 of 100
What would change it: Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Wetouch Technology Inc.'s leadership is put at 5.5 of 10 with a confidence of 20 of 100, because no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 13 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

7.4/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed

9.5/10

How much room does it have to grow?

top 5% of 19 in its family for room to expand.

weight 45% of this tense · 95th percentile among 19 sector filers · read for itself

From the record

Wetouch Technology Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $118 million against no long-term debt tagged leaves 84.2% of its assets as net cash, top 8% of its family; cash from operations less capital spending is 49.8% of revenue (top 3%); a gross margin of 101.2% (top 3%) (its annual report).

What it rests on

cash less debt against assets84.2%top 8% of its family
cash from operations less capital spending against revenue49.8%top 3% of its family
gross margin101.2%top 3% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed

4.5/10

What could actually drive growth from here?

bottom 46% of 18 in its family for growth drivers.

weight 33% of this tense · 46th percentile among 18 sector filers · read for its customers

From the record

Wetouch Technology Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -27.9% a year over the last three filed years against -15.8% over all 7, slowing (bottom 26% of its family); the newest year grew -4.9% (bottom 14%); research spending grew 2.7% a year (top 50%); capital spending grew 100.2% a year (top 8%) (its annual reports). Wetouch Technology Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

three-year growth against the whole span-12.1 points a yearbottom 26% of its family
the newest year's revenue growth-4.9%bottom 14% of its family
three-year growth of research spending2.7%top 50% of its family
three-year growth of capital spending100.2%top 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed

7.1/10

Did its newest year beat what its own record pointed to?

top 29% of 18 in its family for expectations against reality.

weight 22% of this tense · 71st percentile among 18 sector filers · read for its shareholders

From the record

Wetouch Technology Inc.'s newest year against its own record: revenue of $14 million in fiscal 2025 came in 51.4% above the $9 million its prior three years' pace pointed to (top 14% of its family); net income of $7 million against a prior three-year average of $8 million (bottom 47%); a net margin of 50.4% against 44% before (top 19%) (its annual reports).

What it rests on

revenue against the prior three years' pace51.4%top 14% of its family
net income against the prior three years' average-7%bottom 47% of its family
net margin against its prior average+6.4 pointstop 19% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton WETH · research, not advice