Wetouch Technology Inc.WETH

$1.34-0.07 (-4.96%)
NASDAQTechnology24:00 UTC

Company snapshot

Market Cap
$16M
Micro-cap
-88%
2021 — today
10-Year Price
+91%
2016 — today
52-Week Range
$0.80$3.53
Current $1.34· 20%

Wetouch Technology Inc., established in Meishan, China, in 2011, specializes in the comprehensive lifecycle of medium to large projected capacitive touchscreens, encompassing their research, development, production, sales, and support. The company serves a global clientele, with operations in the People's Republic of China, Taiwan, South Korea, and beyond, offering screens that typically range from 7.0 to 42 inches. Their diverse product lineup includes Glass-Glass constructions, commonly utilized in GPS and entertainment panels for mid-range and luxury automobiles, industrial human-machine interfaces (HMI), banking and financial terminals, point-of-sale devices, and lottery equipment. High-end GPS and entertainment systems, alongside industrial HMI, financial terminals, and the lottery and gaming industries, frequently incorporate their Glass-Film-Film touchscreens. Plastic-Glass variants are deployed in motor vehicle GPS units, smart home technology, robotics, and charging stations, while Glass-Film solutions are tailored for industrial HMI applications. Ultimately, Wetouch's products are integral components across numerous specialized sectors, such as automotive, financial services, retail (POS), gaming, lottery, medical, and general HMI.

Valuation in context

P/E ratio
1.9
Below average
Below the 10-year average
P/B ratio
0.1
Historically cheap
Historically cheap relative to the last 10 years
EV / EBITDA
-8.8
N/A
Not meaningful — company is unprofitable
FCF Yield
34.7%
Above average
Above the 10-year average
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