Wetouch Technology (WETH)
Market Price (10/7/2026): $0 | Market Cap: $-Sector: Information Technology | Industry: Electronic Components
Wetouch Technology (WETH)
Market Price (10/7/2026): $0Market Cap: $-Sector: Information TechnologyIndustry: Electronic Components
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 70%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 67%, FCF Yield is 69% Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -1070% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% Megatrend and thematic driversMegatrends include Automation & Robotics, and Electric Vehicles & Autonomous Driving. Themes include Factory Automation, and EV Manufacturing. | Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -2.5% | Penny stockMkt Price is 1.0 Key risksWETH key risks include [1] non-compliance with Nasdaq listing rules, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 70%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 67%, FCF Yield is 69% |
| Cash is significant % of market capNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is -1070% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 17% |
| Megatrend and thematic driversMegatrends include Automation & Robotics, and Electric Vehicles & Autonomous Driving. Themes include Factory Automation, and EV Manufacturing. |
| Weak multi-year price returns2Y Excs Rtn is -85%, 3Y Excs Rtn is -2.5% |
| Penny stockMkt Price is 1.0 |
| Key risksWETH key risks include [1] non-compliance with Nasdaq listing rules, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Updated on 10/1/2026
Wetouch Technology (WETH) stock has lost about 15% since 6/30/2026 because of the following key factors:
1. Share Dilution from Private Placement. Wetouch Technology completed a private share placement on September 22, 2026, selling 31,037,830 shares of common stock at $1.25 per share for gross proceeds of approximately $38.8 million. This transaction, although approved by stockholders and with shares subject to a one-year lock-up, increased the total share count and diluted the percentage ownership of existing shareholders.
2. Delay in Special Cash Dividend Payment. On September 30, 2026, the company announced that its previously approved special cash dividend distribution of up to $0.5 million, with a record date of August 17, 2026, would be delayed. This delay, attributed to administrative complexities, could have negatively impacted investor confidence.
Show more
Wetouch Technology (WETH) stock has lost about 15% since 6/30/2026 because of the following key factors:
1. Share Dilution from Private Placement. Wetouch Technology completed a private share placement on September 22, 2026, selling 31,037,830 shares of common stock at $1.25 per share for gross proceeds of approximately $38.8 million. This transaction, although approved by stockholders and with shares subject to a one-year lock-up, increased the total share count and diluted the percentage ownership of existing shareholders.
2. Delay in Special Cash Dividend Payment. On September 30, 2026, the company announced that its previously approved special cash dividend distribution of up to $0.5 million, with a record date of August 17, 2026, would be delayed. This delay, attributed to administrative complexities, could have negatively impacted investor confidence.
Show more
Updated on 10/1/2026
Wetouch Technology (WETH) stock has lost about 15% since 6/30/2026 because of the following key factors:
1. Share Dilution from Private Placement. Wetouch Technology completed a private share placement on September 22, 2026, selling 31,037,830 shares of common stock at $1.25 per share for gross proceeds of approximately $38.8 million. This transaction, although approved by stockholders and with shares subject to a one-year lock-up, increased the total share count and diluted the percentage ownership of existing shareholders.
2. Delay in Special Cash Dividend Payment. On September 30, 2026, the company announced that its previously approved special cash dividend distribution of up to $0.5 million, with a record date of August 17, 2026, would be delayed. This delay, attributed to administrative complexities, could have negatively impacted investor confidence.
3. Negative Analyst Sentiment and Growth Concerns. The stock holds a consensus "Sell" rating from the single Wall Street analyst covering Wetouch Technology, with an average rating score of 1.00. This reflects a less favorable view compared to other technology companies. Additionally, while the company issued positive full fiscal year 2026 guidance (projecting approximately 40% revenue growth and 60% net income growth compared to fiscal 2025), a deeper analysis indicates that growth has been the "weakest area," rated 1 out of 10, reflecting significant declines in revenue and earnings growth over the preceding three to five years.
4. Mixed Fiscal Q2 2026 Financial Performance. While the first half of fiscal year 2026 (ending June 30, 2026) showed revenue growth of 9.4% year-over-year and net income growth of 25.5%, the standalone fiscal Q2 2026 results indicated a slight decrease in Earnings Per Share (US$0.18 compared to US$0.19 in Q2 2025) and a 3.5% decline in net income, driven by higher expenses and a reduced profit margin. This mixed performance, particularly the dip in quarterly earnings and margins, likely overshadowed some of the more optimistic full-year projections.
5. Broader Macroeconomic Headwinds. During fiscal Q3 2026, the market faced concerns over elevated inflation and the potential for continued higher interest rates by the Federal Reserve. Geopolitical events, such as the conflict with Iran, added upside risk to oil prices and inflation, further complicating the economic outlook. Higher interest rates generally reduce the present value of future earnings, impacting the valuations of growth stocks like Wetouch Technology.
Show less
Wetouch Technology (WETH) stock has lost about 15% since 6/30/2026 because of the following key factors:
1. Share Dilution from Private Placement. Wetouch Technology completed a private share placement on September 22, 2026, selling 31,037,830 shares of common stock at $1.25 per share for gross proceeds of approximately $38.8 million. This transaction, although approved by stockholders and with shares subject to a one-year lock-up, increased the total share count and diluted the percentage ownership of existing shareholders.
2. Delay in Special Cash Dividend Payment. On September 30, 2026, the company announced that its previously approved special cash dividend distribution of up to $0.5 million, with a record date of August 17, 2026, would be delayed. This delay, attributed to administrative complexities, could have negatively impacted investor confidence.
3. Negative Analyst Sentiment and Growth Concerns. The stock holds a consensus "Sell" rating from the single Wall Street analyst covering Wetouch Technology, with an average rating score of 1.00. This reflects a less favorable view compared to other technology companies. Additionally, while the company issued positive full fiscal year 2026 guidance (projecting approximately 40% revenue growth and 60% net income growth compared to fiscal 2025), a deeper analysis indicates that growth has been the "weakest area," rated 1 out of 10, reflecting significant declines in revenue and earnings growth over the preceding three to five years.
4. Mixed Fiscal Q2 2026 Financial Performance. While the first half of fiscal year 2026 (ending June 30, 2026) showed revenue growth of 9.4% year-over-year and net income growth of 25.5%, the standalone fiscal Q2 2026 results indicated a slight decrease in Earnings Per Share (US$0.18 compared to US$0.19 in Q2 2025) and a 3.5% decline in net income, driven by higher expenses and a reduced profit margin. This mixed performance, particularly the dip in quarterly earnings and margins, likely overshadowed some of the more optimistic full-year projections.
5. Broader Macroeconomic Headwinds. During fiscal Q3 2026, the market faced concerns over elevated inflation and the potential for continued higher interest rates by the Federal Reserve. Geopolitical events, such as the conflict with Iran, added upside risk to oil prices and inflation, further complicating the economic outlook. Higher interest rates generally reduce the present value of future earnings, impacting the valuations of growth stocks like Wetouch Technology.
Show less
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Stock Movement Drivers
Fundamental Drivers
The -16.8% change in WETH stock from 6/30/2026 to 10/6/2026 was primarily driven by a -13.6% change in the company's P/E Multiple.| (LTM values as of) | 6302026 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.17 | 0.97 | -16.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 46 | 48 | 3.4% |
| Net Income Margin (%) | 18.3% | 17.6% | -4.2% |
| P/E Multiple | 1.7 | 1.4 | -13.6% |
| Shares Outstanding (Mil) | 12 | 12 | -2.7% |
| Cumulative Contribution | -16.8% |
Market Drivers
6/30/2026 to 10/6/2026| Return | Correlation | |
|---|---|---|
| WETH | -16.8% | |
| Market (SPY) | 4.3% | -7.2% |
| Sector (XLK) | 6.0% | 5.4% |
Fundamental Drivers
The -21.6% change in WETH stock from 3/31/2026 to 10/6/2026 was primarily driven by a -28.5% change in the company's P/E Multiple.| (LTM values as of) | 3312026 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.24 | 0.97 | -21.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 44 | 48 | 9.7% |
| Net Income Margin (%) | 17.1% | 17.6% | 2.7% |
| P/E Multiple | 2.0 | 1.4 | -28.5% |
| Shares Outstanding (Mil) | 12 | 12 | -2.7% |
| Cumulative Contribution | -21.6% |
Market Drivers
3/31/2026 to 10/6/2026| Return | Correlation | |
|---|---|---|
| WETH | -21.6% | |
| Market (SPY) | 20.1% | 3.1% |
| Sector (XLK) | 52.2% | 12.2% |
Fundamental Drivers
The -19.4% change in WETH stock from 9/30/2025 to 10/6/2026 was primarily driven by a -40.4% change in the company's P/E Multiple.| (LTM values as of) | 9302025 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 1.21 | 0.97 | -19.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 42 | 48 | 12.9% |
| Net Income Margin (%) | 14.3% | 17.6% | 23.1% |
| P/E Multiple | 2.4 | 1.4 | -40.4% |
| Shares Outstanding (Mil) | 12 | 12 | -2.7% |
| Cumulative Contribution | -19.4% |
Market Drivers
9/30/2025 to 10/6/2026| Return | Correlation | |
|---|---|---|
| WETH | -19.4% | |
| Market (SPY) | 17.9% | 19.4% |
| Sector (XLK) | 43.9% | 24.0% |
Fundamental Drivers
The 79.8% change in WETH stock from 9/30/2023 to 10/6/2026 was primarily driven by a 190.8% change in the company's P/E Multiple.| (LTM values as of) | 9302023 | 10062026 | Change |
|---|---|---|---|
| Stock Price ($) | 0.54 | 0.97 | 79.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 40 | 48 | 18.2% |
| Net Income Margin (%) | 26.5% | 17.6% | -33.7% |
| P/E Multiple | 0.5 | 1.4 | 190.8% |
| Shares Outstanding (Mil) | 10 | 12 | -21.1% |
| Cumulative Contribution | 79.8% |
Market Drivers
9/30/2023 to 10/6/2026| Return | Correlation | |
|---|---|---|
| WETH | 79.8% | |
| Market (SPY) | 88.5% | 8.0% |
| Sector (XLK) | 150.8% | 10.8% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| WETH Return | -78% | -74% | 2584% | -65% | -24% | -23% | -69% |
| Peers Return | 2% | -1% | 32% | 88% | 111% | 46% | 668% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 14% | 107% |
Monthly Win Rates [3] | |||||||
| WETH Win Rate | 25% | 33% | 42% | 42% | 33% | 50% | |
| Peers Win Rate | 57% | 42% | 50% | 72% | 62% | 68% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| WETH Max Drawdown | -87% | -83% | -70% | -86% | -62% | -51% | |
| Peers Max Drawdown | -36% | -40% | -33% | -26% | -40% | -42% | |
| S&P 500 Max Drawdown | -5% | -25% | -10% | -8% | -19% | -9% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: GLW, BELFA, LPTH, APH, COHR.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 10/6/2026 (YTD)
How Low Can It Go
| Event | WETH | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -48.1% | -18.8% |
| % Gain to Breakeven | 92.7% | 23.1% |
| Time to Breakeven | 167 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -43.8% | -7.8% |
| % Gain to Breakeven | 77.9% | 8.5% |
| Time to Breakeven | 60 days | 18 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -42.4% | -6.7% |
| % Gain to Breakeven | 73.5% | 7.1% |
| Time to Breakeven | 1 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -53.1% | -24.5% |
| % Gain to Breakeven | 113.4% | 32.4% |
| Time to Breakeven | 294 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -25.5% | -33.7% |
| % Gain to Breakeven | 34.1% | 50.9% |
| Time to Breakeven | 35 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -50.0% | -6.8% |
| % Gain to Breakeven | 100.0% | 7.3% |
| Time to Breakeven | 268 days | 15 days |
In The Past
Wetouch Technology's stock fell -48.1% during the 2025 US Tariff Shock. Such a loss loss requires a 92.7% gain to breakeven.
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Asset Allocation
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| Event | WETH | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -48.1% | -18.8% |
| % Gain to Breakeven | 92.7% | 23.1% |
| Time to Breakeven | 167 days | 79 days |
| 2024 Yen Carry Trade Unwind | ||
| % Loss | -43.8% | -7.8% |
| % Gain to Breakeven | 77.9% | 8.5% |
| Time to Breakeven | 60 days | 18 days |
| 2023 SVB Regional Banking Crisis | ||
| % Loss | -42.4% | -6.7% |
| % Gain to Breakeven | 73.5% | 7.1% |
| Time to Breakeven | 1 days | 31 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -53.1% | -24.5% |
| % Gain to Breakeven | 113.4% | 32.4% |
| Time to Breakeven | 294 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -25.5% | -33.7% |
| % Gain to Breakeven | 34.1% | 50.9% |
| Time to Breakeven | 35 days | 140 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -50.0% | -6.8% |
| % Gain to Breakeven | 100.0% | 7.3% |
| Time to Breakeven | 268 days | 15 days |
| 2013 Taper Tantrum | ||
| % Loss | -44.4% | -0.2% |
| % Gain to Breakeven | 80.0% | 0.2% |
| Time to Breakeven | 33 days | 1 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -89.7% | -15.4% |
| % Gain to Breakeven | 875.6% | 18.2% |
| Time to Breakeven | 3743 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -99.8% | -53.4% |
| % Gain to Breakeven | 48320.0% | 114.4% |
| Time to Breakeven | 294 days | 1085 days |
In The Past
Wetouch Technology's stock fell -48.1% during the 2025 US Tariff Shock. Such a loss loss requires a 92.7% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Wetouch Technology (WETH)
Wetouch Technology (WETH) is a technology company specializing in the research, development, manufacturing, sales, and servicing of medium to large-sized projected capacitive touchscreens. The company focuses on producing large-format touchscreens that integrate advanced features, aiming to meet the demands of various specialized industries.
Their product line encompasses touchscreens ranging from 7.0 inches to 42 inches, available in multiple structural configurations including Glass-Glass (GG), Glass-Film-Film (GFF), Plastic-Glass (PG), and Glass-Film (GF). These products are engineered for durability, offering a long lifespan with low maintenance, strong anti-interference and anti-corrosion capabilities, multi-touch functionality, and high light-transmittance ratios and stability.
Wetouch Technology serves a diverse global client base across a wide array of markets, including financial terminals, automotive systems, point-of-sale (POS) devices, gaming and lottery machines, medical equipment, and human-machine interface (HMI) applications. The company generates revenue through sales primarily in Mainland China, which accounts for approximately 69% of its revenues, with international sales comprising about 31%, reaching markets such as Taiwan, South Korea, and Germany.
AI Analysis | Feedback
Wetouch Technology is like a focused version of a major display component manufacturer such as LG Display, but exclusively specializing in manufacturing the advanced touchscreens for industrial, automotive, and commercial applications, rather than full consumer displays.
Alternatively, think of Synaptics, but instead of designing the underlying touch controller chips, Wetouch designs and manufactures the complete, robust projected capacitive touch panels that are integrated into devices like car infotainment systems, ATMs, and medical equipment.
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- Projected Capacitive Touchscreens: Medium to large-sized touchscreens, ranging from 7.0 to 42 inches, designed for various industries like financial terminals, automotive, medical, and gaming.
- Glass-Glass (GG) Touchscreens: A type of projected capacitive touchscreen primarily used in GPS/car entertainment panels, industrial HMI, financial and banking terminals, POS, and lottery machines.
- Glass-Film-Film (GFF) Touchscreens: A type of projected capacitive touchscreen mostly used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming.
- Plastic-Glass (PG) Touchscreens: A type of projected capacitive touchscreen typically adopted for motor vehicle GPS, smart home devices, robots, and charging stations.
- Glass-Film (GF) Touchscreens: A type of projected capacitive touchscreen mostly used in industrial HMI applications.
AI Analysis | Feedback
Wetouch Technology (WETH) sells primarily to other companies (Business-to-Business or B2B) rather than individual consumers. Their touchscreens are components used in various end-products.
The provided company description does not list specific names of its major customer companies. However, it details the industries and applications where its products are utilized, thereby identifying the categories of companies that constitute its client base. These include companies operating in the following sectors:
- Financial terminals
- Automotive (e.g., GPS/car entertainment panels, motor vehicle GPS)
- Point-of-Sale (POS) systems
- Gaming and Lottery machines
- Medical devices
- Human-Machine Interface (HMI) for industrial applications
- Smart home devices, robots, and charging stations
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Zongyi Lian, Chief Executive Officer and President
Mr. Lian assumed leadership of Wetouch Technology Inc. in October 2020. Since then, he has been instrumental in driving the company's growth through strategic partnerships with notable global clients, including Siemens, Delta, Canon, and Sharp.
Xing Tang, Chief Financial Officer
Mrs. Tang was appointed as CFO in July 2024. She brings over a decade of financial leadership experience to Wetouch Technology. Prior to her current role, she served as CFO of Elong Power Holdings Limited for more than ten years and was the Finance Director at China XD Plastics Co., Ltd. Mrs. Tang holds a bachelor's degree in Arts from Sichuan University, a bachelor's degree in Law from Foreign Affairs College, and an MBA with a concentration in Accounting from Seton Hall University. She is also a certified chartered accountant.
Jian Feng, Secretary & Director
Mr. Feng serves as the Secretary and a Director of Wetouch Technology Inc.
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Key Risks to Wetouch Technology (WETH)
- Concentration of Operations and Revenue in Mainland China: Wetouch Technology's principal executive offices and manufacturing operations are located in Mainland China, and approximately 70% of its revenues are derived from domestic sales within Mainland China. This high concentration exposes the company to significant economic, political, and regulatory risks specific to the region, including potential economic slowdowns, changes in government policies, trade disputes, and increased labor or operational costs. Any adverse developments in the Chinese market could disproportionately impact the company's financial performance and operations.
- Technological Obsolescence and Intense Competition in the Touchscreen Market: The projected capacitive touchscreen industry is characterized by rapid technological advancements and intense competition. While Wetouch Technology specializes in medium to large sized touchscreens for various industrial applications, a failure to continually innovate and keep pace with evolving display technologies, new input methods, or advancements from competitors could lead to a decline in demand for its products. The company's ability to maintain its market position is highly dependent on its ongoing research and development efforts and its capacity to offer competitive and technologically relevant solutions.
- Reliance on Specific Industries and Market Cyclicality: Wetouch Technology's products are developed for diverse markets such as financial terminals, automotive, POS, gaming, lottery, medical, and HMI. Many of these industries can be cyclical or subject to rapid shifts in demand. A downturn in one or more of these key client industries, or a significant change in technological preferences within them, could lead to reduced orders for Wetouch Technology's touchscreens, negatively impacting its revenue and profitability. The company's revenue trend, showing a slight decrease from $40.8 million in 2021 to $37.9 million in 2022, could indicate vulnerability to such market fluctuations.
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Wetouch Technology specializes in medium to large-sized projected capacitive touchscreens, ranging from 7.0 to 42 inches, for various industries including financial terminals, automotive, point-of-sale (POS), gaming, lottery, medical, and human-machine interface (HMI). The company operates in Mainland China, Taiwan, South Korea, and Germany.
The addressable markets for Wetouch Technology's main products and services are substantial and are projected to grow across global and regional segments:
* **Global Touchscreen Display Market:** The global touchscreen display market was valued at approximately USD 98.87 billion in 2025 and is estimated to increase to USD 318.99 billion by 2034, demonstrating a compound annual growth rate (CAGR) of 13.90% between 2026 and 2034. Within this, capacitive touchscreens, which Wetouch specializes in, held the largest share, accounting for around 68% of the market in 2025/2026. The global capacitive touchscreen market itself was valued at USD 14.62 billion in 2023, rising to USD 15.98 billion in 2024, and is expected to reach USD 38.88 billion by 2034, with a CAGR of 9.3%.
* **Regional Dominance:** The Asia-Pacific (APAC) region dominates the global touchscreen display market, holding about 35.9% of the total revenue in 2023. China, in particular, firmly occupies the largest share of the global touch control market, consistently ranging from 70% to 80%.
* **Automotive Touch Screen Control Systems Market:** The global automotive touch screen control system market was valued at USD 8.8 billion in 2025 and is expected to grow to USD 14.4 billion by 2035, at a CAGR of 4.9%. The automotive sector is projected to experience the fastest growth in the multi-touch technology market, with a CAGR of 9.8%, as touchscreens replace traditional controls in vehicle cockpits. Capacitive touchscreens accounted for 66.05% of automotive display panel revenue in 2025. In terms of regions, China's market for automotive touchscreen control systems is forecast to reach approximately USD 2.4 billion by 2030, growing at a CAGR of 5.2%, while Germany is projected to grow at roughly a 4.3% CAGR.
* **Industrial Human-Machine Interface (HMI) Market:** The global industrial touch display market size was valued at USD 1.19 billion in 2025 and is projected to grow to USD 2.32 billion by 2034, exhibiting a CAGR of 6.7%. Touchscreens held a significant 70.40% of the HMI market in 2025. The HMI display panels market, which includes touchscreens, was valued at USD 10.73 billion in 2024 and is projected to reach USD 18.32 billion by 2032, with a CAGR of 6.92%. Asia-Pacific led the HMI market with a 37.60% share in 2025, with Chinese installations generating revenue of CNY 9.28 billion (approximately USD 1.39 billion).
* **Medical Touch Screen Market:** The global medical touch screen market size was valued at approximately USD 1.8 billion in 2023 and is expected to reach around USD 3.7 billion by 2032, growing at a CAGR of 8.6%. The Asia-Pacific region is anticipated to witness the highest growth rate in this sector.
* **Point-of-Sale (POS) Touchscreen Terminal Market:** The global POS touchscreen terminal market size is predicted to grow from USD 105.18 billion in 2025 to USD 177.66 billion in 2031, at a CAGR of 9.1%. The commercial touch display market, which includes POS and kiosks, was estimated at USD 5.8 billion in 2024 and is predicted to increase to approximately USD 8.7 billion by 2029, expanding at a CAGR of 8.6%. Germany is accelerating the commercial touch display market, posting a growth rate of 10.4% from 2025 to 2035.
* **Large-format Touchscreens (7.0 inch to 42 inch):** The 28-inch to 65-inch subsegment in the commercial touch display market is projected to contribute 52% of the market revenue share in 2025. In the multi-touch technology market, the 32-65 inches segment is projected to see the highest CAGR of 8.3% through 2035. The large segment (24 inches and above) in the industrial touch screen monitor market is also experiencing significant growth.
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Wetouch Technology (WETH) is poised for future revenue growth over the next 2-3 years, driven by strategic initiatives including capacity expansion, targeted market segment growth, international market penetration, and significant new supply agreements.
The expected drivers of future revenue growth for Wetouch Technology are:
- Increased Production Capacity from New Facility: The construction of the company's Chengdu facility is on schedule for completion by the end of 2025, with mass production anticipated to commence in the second quarter of 2026. This expansion is designed to facilitate the next phase of capacity growth and technology upgrades, directly enabling higher production volumes and subsequent revenue generation.
- Growth in Automotive and Industrial Touchscreen Segments: Wetouch Technology has reported a 9.7% year-over-year revenue increase in the China market for the first three quarters of fiscal year 2025, primarily propelled by growth in the automotive and industrial touchscreen sectors. The company is strategically investing in curved and ultra-large-size touchscreen technologies, aiming to bolster its competitive position in high-end automotive electronics, professional gaming equipment, and commercial display applications, indicating continued focus and expected growth in these areas.
- Expansion into New International Markets: Wetouch is actively expanding its global footprint, notably with the launch of its Taiwan office in August 2025. This expansion includes a significant cooperation agreement with NOVAKON, a leading Taiwanese automation company, projected to generate approximately $10 million in annual revenue from Taiwan operations alone, targeting the automation, electronics, and high-value export sectors. Furthermore, the company has secured supply contracts with Siemens for industrial HMI and PLC high-end series, indicating growth and diversification in European markets. Wetouch also focuses on customer diversification and demand trends in South Korea, Japan, North America, and Southeast Asia.
- New Landmark Supply Agreement: In April 2025, Wetouch Technology announced a transformative supply agreement with a prominent multinational electronics company. This agreement is expected to contribute approximately $100 million in revenue over the next three years, involving the supply of 3.7-inch, 7-inch, and 10-inch touchscreen displays for various industrial, commercial, and consumer electronics applications.
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Capital Allocation Decisions for Wetouch Technology (WETH)
Share Repurchases
- Wetouch Technologies announced a stock buyback program on July 8, 2024, authorizing the repurchase of up to $15 million of its common stock.
- The program is valid for a period not exceeding 12 months from July 1, 2024.
- As of June 27, 2025, management was actively evaluating share repurchase activity under the existing buyback plan.
Share Issuance
- Cash provided by financing activities was approximately $8.02 million for the quarter ended September 30, 2024, primarily due to the issuance of common stock.
- The number of shares outstanding significantly increased from 2 million in Q3 2022 to 12 million in Q3 2025.
Outbound Investments
- Wetouch Technology has expanded into the South Korean market through a strategic partnership with a local electronics manufacturer.
- The company launched a Taiwan region office as part of its strategic initiatives.
Capital Expenditures
- Wetouch Technology Inc. invested $153,000 in capital expenditures in Q4 2024.
- The company reported cash flow from investing activities of -$0.27 million for the fiscal year ending December 31, 2024.
- Strategic initiatives include the construction of a new production facility in Chengdu, China, and plans for a manufacturing facility in Vietnam, indicating ongoing significant capital investment.
Peer Outperformance in Electronic Components
WETH has trailed 80% of its 25 Electronic Components peers over 5Y. Among the peers that beat it are BELFA, GLW and BDC. Electronic Components ranks 4th of 12 industries in Information Technology by median 5Y return.
Share of Electronic Components constituents that WETH has outperformed, by holding period. Peers without a full price history over a given window are excluded from that window.
1Y
18%
of 28 industry peers · -22.5% return
3Y
50%
of 28 industry peers · 79.8% return
5Y
20%
of 25 industry peers · -50.9% return
Electronic Components peers with revenue growth within 4pp of WETH's that beat it on at least 2 of 3 windows, and by at least 20pp over 5Y. Growth is matched by construction, so the gap is largely a re-rating gap. The multiple column is the context for it.
| Ticker | Name | Rev Growth 3Y Avg | P/E | 1Y | 3Y | 5Y | 5Y Gap |
|---|---|---|---|---|---|---|---|
| WETH | Wetouch Technology | 5.8% | 1.4x | -22.5% | 79.8% | -50.9% | — |
| BELFA | Bel Fuse | 4.2% | 53.1x | 84.0% | 347.6% | 1425.5% | +1,476pp |
| GLW | Corning | 9.0% | 76.7x | 99.7% | 508.2% | 418.4% | +469pp |
| BDC | Belden | 3.1% | 18.1x | -2.9% | 20.7% | 92.3% | +143pp |
| LFUS | Littelfuse | 2.1% | -1,426.1x | 75.9% | 97.1% | 72.3% | +123pp |
Price returns, excluding dividends. P/E shown for context only and not used for matching.
Median price return by industry across the Information Technology sector, ranked by 5Y. Electronic Components is WETH's own industry. Use this to see which corners of the sector have carried the returns.
| Industry | Names | 1Y med | 3Y med | 5Y med | Top 3 by 5Y |
|---|---|---|---|---|---|
| Electronic Manufacturing Services | 9 | 58.0% | 192.2% | 380.9% | TTMI 911% · FLEX 788% · SANM 472% |
| Semiconductor Materials & Equipment | 27 | 88.5% | 113.4% | 129.1% | AXTI 947% · LRCX 532% · KLAC 528% |
| Technology Distributors | 9 | 44.2% | 91.7% | 105.0% | CLMB 420% · AVT 230% · SNX 180% |
| Electronic Components ← | 26 | 37.7% | 79.8% | 76.0% | CLS 4129% · BELFA 1425% · COHR 488% |
| Communications Equipment | 36 | 3.5% | 95.1% | 72.7% | AAOI 1786% · LITE 1236% · FEIM 982% |
| Semiconductors | 55 | 25.0% | 64.1% | 38.2% | POET 1793% · MU 1418% · NVDA 1040% |
| Technology Hardware, Storage & Peripherals | 20 | 20.5% | 121.1% | 35.2% | DELL 1072% · SMCI 1065% · STX 1035% |
| Internet Services & Infrastructure | 6 | -9.4% | 39.9% | 22.4% | DOCN 54% · VRSN 42% · GDDY 40% |
| Electronic Equipment & Instruments | 26 | -18.6% | 32.7% | -3.4% | PI 236% · KEYS 138% · VPG 119% |
| IT Consulting & Other Services | 28 | -23.1% | -8.4% | -19.4% | CHRN 507268% · APLD 922% · TSSI 845% |
| Application Software | 125 | -27.5% | -15.3% | -44.5% | VIDA 1509900% · INLX 4618% · PLTR 709% |
| Systems Software | 70 | -16.0% | 27.0% | -52.2% | QNC 616% · PAYS 434% · PANW 410% |
Median of constituents with a full price history over each window. Top names are unfiltered by size in this render.
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 125.59 |
| Mkt Cap | 65.2 |
| Rev LTM | 7,118 |
| Op Inc LTM | 902 |
| FCF LTM | 73 |
| FCF 3Y Avg | 73 |
| CFO LTM | 84 |
| CFO 3Y Avg | 420 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 22.5% |
| Rev Chg 3Y Avg | 9.0% |
| Rev Chg Q | 25.2% |
| QoQ Delta Rev Chg LTM | 6.0% |
| Op Inc Chg LTM | 63.2% |
| Op Inc Chg 3Y Avg | 49.3% |
| Op Mgn LTM | 16.5% |
| Op Mgn 3Y Avg | 14.9% |
| QoQ Delta Op Mgn LTM | 0.8% |
| CFO/Rev LTM | 17.1% |
| CFO/Rev 3Y Avg | 14.8% |
| FCF/Rev LTM | 14.1% |
| FCF/Rev 3Y Avg | 11.7% |
Price Behavior
Price Behavior
| Market Price | $0.97 | |
| Market Cap ($ Bil) | 0.0 | |
| First Trading Date | 02/23/2007 | |
| Distance from 52W High | -71.5% | |
| 50 Days | 200 Days | |
| DMA Price | $1.12 | $1.39 |
| DMA Trend | down | down |
| Distance from DMA | -12.8% | -29.8% |
| 3M | 1YR | |
| Volatility | 81.1% | 94.3% |
| Downside Capture | -5.98 | 193.30 |
| Upside Capture | -118.00 | 129.58 |
| Correlation (SPY) | -8.3% | 19.6% |
WETH Betas & Captures as of 9/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | -1.04 | -2.47 | -0.48 | 0.23 | 1.43 | 0.86 |
| Up Beta | -3.43 | -5.29 | -3.31 | -1.85 | -0.66 | -3.46 |
| Down Beta | 0.32 | 0.96 | 4.85 | 2.99 | 2.99 | 1.26 |
| Up Capture | -151% | -187% | -84% | -6% | 154% | 138% |
| Bmk +ve Days | 6 | 16 | 27 | 66 | 132 | 424 |
| Stock +ve Days | 10 | 17 | 28 | 52 | 101 | 287 |
| Down Capture | 80% | -155% | -12% | 66% | 144% | 104% |
| Bmk -ve Days | 16 | 26 | 37 | 60 | 120 | 328 |
| Stock -ve Days | 9 | 21 | 30 | 65 | 126 | 347 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WETH | |
|---|---|---|---|---|
| WETH | -22.6% | 94.1% | 0.14 | - |
| Sector ETF (XLK) | 42.7% | 26.5% | 1.31 | 24.3% |
| Equity (SPY) | 17.5% | 13.0% | 0.96 | 19.5% |
| Gold (GLD) | 6.9% | 29.6% | 0.23 | 11.3% |
| Commodities (DBC) | 46.1% | 20.8% | 1.71 | 2.9% |
| Real Estate (VNQ) | 2.1% | 13.7% | -0.10 | -5.9% |
| Bitcoin (BTCUSD) | -29.8% | 44.3% | -0.67 | 12.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WETH | |
|---|---|---|---|---|
| WETH | -30.3% | 171.7% | 0.43 | - |
| Sector ETF (XLK) | 22.7% | 25.9% | 0.77 | 5.9% |
| Equity (SPY) | 13.9% | 17.1% | 0.62 | 4.6% |
| Gold (GLD) | 18.7% | 18.9% | 0.80 | 3.1% |
| Commodities (DBC) | 10.3% | 19.5% | 0.40 | -1.3% |
| Real Estate (VNQ) | 1.2% | 18.8% | -0.04 | -2.5% |
| Bitcoin (BTCUSD) | 16.0% | 52.2% | 0.47 | 2.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with WETH | |
|---|---|---|---|---|
| WETH | 158.1% | 6,629.8% | 0.59 | - |
| Sector ETF (XLK) | 25.2% | 25.0% | 0.91 | -3.0% |
| Equity (SPY) | 15.6% | 17.9% | 0.74 | -4.2% |
| Gold (GLD) | 11.6% | 16.4% | 0.58 | -2.8% |
| Commodities (DBC) | 8.3% | 18.1% | 0.37 | 0.6% |
| Real Estate (VNQ) | 4.2% | 20.7% | 0.16 | -1.7% |
| Bitcoin (BTCUSD) | 64.1% | 66.2% | 1.04 | -1.9% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Updated 6/2/2026| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| SUMMARY STATS | |||
| # Positive | 0 | 0 | 0 |
| # Negative | 0 | 0 | 0 |
| Median Positive | |||
| Median Negative | |||
| Max Positive | |||
| Max Negative | |||
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 04/13/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 10/09/2025 | 10-Q |
| 03/31/2025 | 10/08/2025 | 10-Q |
| 12/31/2024 | 09/11/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 06/14/2024 | 10-Q |
| 12/31/2023 | 04/17/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/16/2023 | 10-Q |
| 03/31/2023 | 05/22/2023 | 10-Q |
| 12/31/2022 | 04/17/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| Report Date | Filing Date | Filing |
|---|---|---|
| 06/30/2026 | 08/14/2026 | 10-Q |
| 03/31/2026 | 05/15/2026 | 10-Q |
| 12/31/2025 | 04/13/2026 | 10-K |
| 09/30/2025 | 11/12/2025 | 10-Q |
| 06/30/2025 | 10/09/2025 | 10-Q |
| 03/31/2025 | 10/08/2025 | 10-Q |
| 12/31/2024 | 09/11/2025 | 10-K |
| 09/30/2024 | 11/14/2024 | 10-Q |
| 06/30/2024 | 08/19/2024 | 10-Q |
| 03/31/2024 | 06/14/2024 | 10-Q |
| 12/31/2023 | 04/17/2024 | 10-K |
| 09/30/2023 | 11/14/2023 | 10-Q |
| 06/30/2023 | 08/16/2023 | 10-Q |
| 03/31/2023 | 05/22/2023 | 10-Q |
| 12/31/2022 | 04/17/2023 | 10-K |
| 09/30/2022 | 11/14/2022 | 10-Q |
| 06/30/2022 | 08/15/2022 | 10-Q |
| 03/31/2022 | 05/16/2022 | 10-Q |
| 12/31/2021 | 04/15/2022 | 10-K |
| 09/30/2021 | 11/10/2021 | 10-Q |
| 06/30/2021 | 08/10/2021 | 10-Q |
| 03/31/2021 | 05/24/2021 | 10-Q |
| 12/31/2020 | 03/24/2021 | 10-K |
Industry Resources
| Information Technology Resources |
| TechCrunch |
| Wired |
| CIO |
| MIT Technology Review |
| Gartner Insights |
| Ars Technica |
| Electronic Components Resources |
| Electronic Products |
| DigiKey Insights |
| Mouser Insights |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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Core Cache Last Updated: 10/6/2026