Wetouch Technology Inc. (WETH) Balance sheet

Market cap

$3.1B

P/E ratio

	2020/12	2021/12	2022/12	2023/12
Cash and cash equivalents	24	46	51	-
Total cash & short-term investments	24	46	51	-
Accounts receivable, net	12	8	9	7
Inventories	402,050	244,381	423,276	222,102
Total current assets	37	57	62	107
Property, plant and equipment, net	9	12	11	13
Total non-current assets	10	12	11	13
Total assets	47	69	73	120
Accounts payable	891,848	800,586	1	640,795
Total current liabilities	2	3	4	6
Total non-current liabilities	433,206	1	256,957	378,371
Total liabilities	3	4	4	7
Common stock and paid-in capital	31,501	31,812	1,680	44
Retained earnings	39	55	62	69
Stockholders' equity	44	64	69	113
Working capital