- US-listed companies
- Wetouch Technology Inc.
- Income statement
Wetouch Technology Inc.【WETH】Income statement
Market cap
$3.1B
P/E ratio
| 2020/12 | 2021/12 | 2022/12 | 2023/12 | |
| Revenue | 31 | 41 | 38 | 40 |
| Revenue growth (%) | - | |||
| Cost of revenue | 16 | 22 | 24 | 23 |
| Gross profit | 16 | 18 | 14 | 17 |
| Gross margin (%) | ||||
| Research & development | 77,997 | 89,477 | 85,251 | 84,551 |
| Operating margin (%) | ||||
| Operating expenses | 4 | 6 | 3 | 5 |
| Operating income | 12 | 13 | 11 | 13 |
| Income before tax | 10 | 22 | 12 | 12 |
| Pretax margin (%) | 33.4 | 53.4 | 31.9 | 31.1 |
| Provision for income taxes | 2 | 4 | 3 | 4 |
| Effective tax rate (%) | ||||
| Net income | 9 | 17 | 9 | 8 |
| Net income margin (%) | ||||
| Earnings per share | 0.31 | 0.55 | 0.27 | 0.89 |
| Diluted EPS | 0.31 | 0.55 | 0.27 | 0.89 |