{ "ok": true, "cik": "1826660", "ticker": "WETH", "name": "WETOUCH TECHNOLOGY INC.", "filings": [ { "form": "8-K", "filed": "2026-09-04", "items": [ "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390026097691/0001213900-26-097691-index.htm" }, { "form": "DEF 14A", "filed": "2026-08-21", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390026092632/0001213900-26-092632-index.htm" }, { "form": "10-Q", "filed": "2026-08-14", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390026090159/0001213900-26-090159-index.htm" }, { "form": "8-K", "filed": "2026-07-31", "items": [ "1.01 Entry into a Material Definitive Agreement", "3.02 Unregistered Sales of Equity Securities", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390026084117/0001213900-26-084117-index.htm" }, { "form": "8-K", "filed": "2026-07-28", "items": [ "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390026082024/0001213900-26-082024-index.htm" }, { "form": "10-Q", "filed": "2026-05-15", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390026057874/0001213900-26-057874-index.htm" } ], "events12m": 7, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001826660.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1826660" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets, no buy or sell views.", "edgar": "🫧 Edgar looked up WETOUCH TECHNOLOGY INC. ($WETH). Last filing: 8-K (5.07 Submission of Matters to a Vote of Security Holders), 2026-09-04. 7 event filings (8-K) in the past twelve months. Auditor change (8-K Item 4.01) filed 2025-07-14.", "auditor": { "changes": [ { "filed": "2025-07-14", "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390025063606/0001213900-25-063606-index.htm" }, { "filed": "2025-06-30", "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390025059484/0001213900-25-059484-index.htm" }, { "filed": "2025-06-27", "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390025058759/0001213900-25-058759-index.htm" } ], "nonReliance": [], "restatedSince": null }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 45136818, "revenueGrowth1y": 0.06755959792502297, "revenueGrowthPerYear": 0.025666937906671405, "yearsOfData": 5, "operatingMargin": 0.22080260509280916, "operatingMarginPrior": 0.22037192055992505, "netMargin": 0.15864011503868083, "operatingCashFlow": 7391570, "capitalSpending": 322304, "freeCashFlow": 7069266, "researchAndDevelopment": null, "researchShareOfRevenue": null, "cash": 118363448, "longTermDebt": null, "longTermDebtChange": null, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 40785474 }, { "fiscalYearEnd": "2022-12-31", "revenue": 37923112 }, { "fiscalYearEnd": "2023-12-31", "revenue": 39705939 }, { "fiscalYearEnd": "2024-12-31", "revenue": 42280373 }, { "fiscalYearEnd": "2025-12-31", "revenue": 45136818 } ], "totalEquity": 137393477, "totalAssets": 140637048, "equityRatio": 0.9769365821728567, "returnOnEquity": 0.05211681192113655, "dividendsPaid": null, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "range80": { "low": 35234758.83747978, "high": 63267972.742922544, "baseline": 48010299.546913445, "n": 749, "band": "b00" }, "ifPaceHeld": { "low": 35234758.83747978, "high": 63267972.742922544 } }, "edgarette": "🔖 Exposure: revenue $45.1M (FY2025). Experience: revenue up 6.8% on the year, up 2.6% a year over 4 years; operating margin 22.1%, up from 22.0%. Soundness: equity 97.7% of assets, return on equity 5.2%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $35.2M and $63.3M next year (method v3, set from 749 SEC company-years; on a year the method never saw, 83% landed inside). A range, not a forecast. Against peers (11 filers, $50M+ revenue, computer peripheral equipment, nec): operating margin 22.1% against a 0.8% median; growth 6.8% against 11.6%.", "peers": { "sic": 3577, "sicDescription": "Computer Peripheral Equipment, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "3577", "growth": [ 0.1155, 12 ], "opMargin": [ 0.008, 11 ], "equityRatio": [ 0.4488, 12 ], "returnOnEquity": [ 0.0203, 10 ] }, "summary": "Wetouch Technology (WETH) grew revenue 6.8% in FY2025 to $45 million, operating margin 22.1% against a 0.8% median for computer peripheral equipment, nec, equity 97.7% of assets. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
WETOUCH TECHNOLOGY INC. against its own record and its peers
Operating marginPeer median 0.8%22.1%Revenue, on the yearPeer median 11.6%6.8%Equity of assetsPeer median 44.9%97.7%Return on equityPeer median 2.0%5.2%Gold tick: the median of 10–12 peers with $50M+ revenue in computer peripheral equipment, nec
", "chartHorizon": null, "backtest": { "tests": 3, "hits": 3, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:22:48.336Z", "hash": "c11d280f338ab9ec", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Wetouch Technology (WETH) grew revenue 6.8% in FY2025 to $45 million, operating margin 22.1% against a 0.8% median for computer peripheral equipment, nec, equity 97.7% of assets. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 45136818, "totalDebt": null, "cash": 118363448 }, "experience": { "revenueGrowth1y": 0.06755959792502297, "revenueGrowthPerYear": 0.025666937906671405, "operatingMargin": 0.22080260509280916, "operatingMarginPrior": 0.22037192055992505, "netMargin": 0.15864011503868083, "freeCashFlow": 7069266 }, "soundness": { "equityRatio": 0.9769365821728567, "returnOnEquity": 0.05211681192113655, "payoutRatio": null, "dividendPerShare": null, "dividendYearsRising": null, "dividendCut": null, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 3577, "sicDescription": "Computer Peripheral Equipment, NEC", "calendarYear": 2025, "minRevenue": 50000000, "depth": 4, "group": "3577", "growth": [ 0.1155, 12 ], "opMargin": [ 0.008, 11 ], "equityRatio": [ 0.4488, 12 ], "returnOnEquity": [ 0.0203, 10 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": null, "auditorChange": { "filed": "2025-07-14", "url": "https://www.sec.gov/Archives/edgar/data/1826660/000121390025063606/0001213900-25-063606-index.htm" } }, "range": { "low": 35234758.83747978, "high": 63267972.742922544, "baseline": 48010299.546913445, "coverage": 0.8, "method": "v3", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); range = 10th to 90th percentile of how SEC company-years of the same size band actually turned out", "calibratedOn": { "companyYears": 749, "sizeBand": "b00" }, "kind": "a calibrated range, not a forecast; no view on the share price", "track": { "backtest": { "tests": 3, "hits": 3, "rate": 1, "method": "v3", "note": "hindsight: past years, same calibrated range. The range was calibrated on 2022-2024 SEC data, so years in that window are partly in-sample." }, "registry": { "logged": "2026-09-20T15:22:48.336Z", "hash": "c11d280f338ab9ec", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0001826660.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1826660" } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same if-the-pace-held arithmetic applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so." } }