olivLaw · US equity research
Wetouch Technology Inc. WETH
Computer Peripheral Equipment, NEC · SIC 3577 · Vertical: Computer Peripheral Equipment, NEC (SIC 3577)
Wetouch Technology Inc. designs and manufactures medium- to large-sized projected capacitive touchscreens for financial terminals, automotive, point-of-sale, gaming and industrial HMI uses. The company grew in fiscal 2025 and in the first half of 2026, but it still depends on a few large customers and on the Chinese market, which matters now for judging the stability of its revenue.
At the close of 04 Nov 2026, Wetouch Technology Inc. (WETH) stock was 0.86 USD (−4.00% on the day), with market capitalisation 11.6 m USD, P/E 1.2 on diluted EPS of 0.70 USD over the last 12 months, beta 0.61, 52-week range 0.85–2.69 USD. Latest reported quarter (Q2 2026): revenue of 14.0 m USD (+12.7% YoY), net income of 2.2 m USD (−3.5% YoY), diluted EPS 0.18 USD.
Data as of · AI analysis dated · Source: SEC filings and closing prices, computed by olivLaw.
Price history
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Technical reading
- RSI (14)
- 37.9
- weak (30–45)
- Bollinger (20, 2)
- 0.84 – 1.02
- in the lower half of the band · %B 0.14 · band width 20.0%
- SMA 50 / 200
- 1.03 / 1.37
- downtrend (price < SMA50 < SMA200)
- MACD (12, 26, 9)
- -0.04 / -0.04
- MACD below signal
Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).
Performance
| Company | S&P 500 | vs S&P 500 | Vertical median | |
|---|---|---|---|---|
| 1 month | −13.0% | −1.1% | −11.9 pp | — |
| 3 months | −8.2% | −0.5% | −7.7 pp | — |
| 6 months | −52.5% | +4.4% | −56.9 pp | — |
| Year to date | −35.5% | +12.3% | −47.8 pp | — |
| 1 year | −61.8% | +13.5% | −75.3 pp | −9.7% |
| 3 years | unavailable | +76.4% | unavailable | +3.2% |
| 5 years | unavailable | +63.7% | unavailable | — |
Price returns, dividends excluded.
Quarterly results
Latest quarter: Q2 2026 · 30 Jun 2026
Quarterly margins
Quarterly statements · USD
| Fiscal year | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11.5 m | 3.6 m | 15.3 m | 12.4 m | 12.2 m | 5.2 m | 16.3 m | 14.0 m |
| Cost of revenue | 7.1 m | 2.7 m | 9.6 m | 8.3 m | 8.2 m | 4.6 m | 10.5 m | 9.1 m |
| Gross profit | 4.4 m | 971.7 k | 5.6 m | 4.1 m | 4.0 m | 638.6 k | 5.8 m | 4.9 m |
| Research & development | 43.9 k | — | — | — | — | — | — | — |
| Operating income | 3.5 m | -195.8 k | 4.0 m | 3.1 m | 3.1 m | -215.6 k | 5.1 m | 3.2 m |
| Depreciation & amortisation | 2.5 k ≈ | 2.5 k | 2.5 k | 2.5 k ≈ | 8.7 k ≈ | 8.7 k | 9.0 k | 17.9 k ≈ |
| Interest expense | 0 ≈ | 0 | — | — | — | — | — | — |
| Pre-tax income | 3.6 m | 27.0 k | 4.0 m | 3.1 m | 3.2 m | -156.4 k | 5.1 m | 3.2 m |
| Income tax | 979.4 k | -82.9 k | 1.5 m | 876.7 k | 635.7 k | 14.8 k | 1.2 m | 1.0 m |
| Net income | 2.7 m | 109.9 k | 2.6 m | 2.2 m | 2.5 m | -171.2 k | 3.9 m | 2.2 m |
| Diluted EPS | 0.22 | 0.01 ≈ | 0.21 | 0.19 | 0.21 | -0.01 ≈ | 0.32 | 0.18 |
| Operating cash flow | 4.6 m ≈ | 1.8 m | 2.0 m | 2.6 m ≈ | 3.8 m ≈ | -1.1 m | 519.5 k | 4.9 m ≈ |
| Capex | 4.4 k ≈ | 152.6 k | — | — | — | — | — | — |
≈ derived quarter (cumulative difference / share-days average)
E/P over time
E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.
Today's P/E sits at the 0 percentile of its own 10-quarter history (min 1.5, median 2.2, max 7.5; quarters with earnings only).
Fiscal years
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 40.0 m | 31.3 m | 40.8 m | 37.9 m | 39.7 m | 42.3 m | 45.1 m |
| Revenue YoY | unavailable | −21.6% | +30.1% | −7.0% | +4.7% | +6.5% | +6.8% |
| Net income | 13.7 m | 8.9 m | 17.4 m | 8.7 m | 8.3 m | 6.0 m | 7.2 m |
| Net income YoY | unavailable | −34.9% | +94.7% | −49.8% | −5.3% | −27.0% | +18.7% |
| Diluted EPS | 0.49 | 0.31 | 0.55 | 4.73 | 0.89 | 0.52 | 0.60 |
| Diluted EPS YoY | unavailable | −36.7% | +77.4% | +760.0% | −81.2% | −41.6% | +15.4% |
| net % | 34.3% | 28.5% | 42.6% | 23.0% | 20.8% | 14.3% | 15.9% |
| Free cash flow | 10.2 m | unavailable | 2.4 m | unavailable | 10.5 m | 797.2 k | 7.1 m |
Reported results vs expectations
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Balance sheet & financial health
Fiscal year 2025 · 31 Dec 2025
- Cash
- 118.4 m USD
- Financial debt
- unavailable USD
- Net debt
- unavailable USD
- Equity
- 137.4 m USD
- Total assets
- 140.6 m USD
- Debt / equity
- unavailable
- Current ratio
- 38.88x
- ROE
- 5.5%
- ROA
- 5.3%
- FCF margin
- 15.7%
Financial statements (source on every figure)
Revenue and net income (USD)
Margins
Income statement · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Revenue | 31.3 m | 40.8 m | 37.9 m | 39.7 m | 42.3 m | 45.1 m | SEC (XBRL)· 13 Apr 2026verified |
| Cost of revenue | 15.7 m | 22.4 m | 23.9 m | 22.5 m | 28.7 m | 30.8 m | SEC (XBRL)· 13 Apr 2026verified |
| Gross profit | 15.6 m | 18.4 m | 14.1 m | 17.2 m | 13.6 m | 14.4 m | SEC (XBRL)· 13 Apr 2026verified |
| Research & development | 78.0 k | 89.5 k | 85.3 k | 84.6 k | — | — | SEC (XBRL)· 17 Apr 2024verified |
| Operating income | 11.9 m | 12.6 m | 11.4 m | 12.7 m | 9.3 m | 10.0 m | SEC (XBRL)· 13 Apr 2026verified |
| Depreciation & amortisation | 1.1 m | 381.2 k | 9.9 k | 9.4 k | 9.8 k | 22.4 k | SEC (XBRL)· 13 Apr 2026verified |
| EBITDA | 12.9 m ≈ | 13.0 m ≈ | 11.4 m ≈ | 12.7 m ≈ | 9.3 m ≈ | 10.0 m ≈ | SEC (XBRL)· 13 Apr 2026derived |
| Interest expense | 1.7 m | 27.5 k | 224.9 k | 252.3 k | 1.2 m | — | SEC (XBRL)· 11 Sept 2025verified |
| Pre-tax income | 10.5 m | 21.8 m | 12.1 m | 12.3 m | 8.7 m | 10.2 m | SEC (XBRL)· 13 Apr 2026verified |
| Income tax | 1.5 m | 4.4 m | 3.4 m | 4.1 m | 2.7 m | 3.0 m | SEC (XBRL)· 13 Apr 2026verified |
| Net income | 8.9 m | 17.4 m | 8.7 m | 8.3 m | 6.0 m | 7.2 m | SEC (XBRL)· 13 Apr 2026verified |
| Diluted EPS | 0.31 | 0.55 | 4.73 | 0.89 | 0.52 | 0.60 | SEC (XBRL)· 13 Apr 2026verified |
| Weighted average diluted shares | 29.0 m | 32.7 m | 1.8 m | 9.4 m | 11.7 m | 11.9 m | SEC (XBRL)· 13 Apr 2026verified |
≈ computed by olivLaw from the reported lines of the same year: Operating income + Depreciation & amortisation.
Balance sheet · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Cash | 24.0 m | 46.2 m | 51.3 m | 98.0 m | 103.8 m | 118.4 m | SEC (XBRL)· 13 Apr 2026verified |
| Receivables | 11.9 m | 8.0 m | 9.1 m | 7.5 m | 7.5 m | 6.5 m | SEC (XBRL)· 13 Apr 2026verified |
| Inventories | 402.1 k | 244.4 k | 423.3 k | 222.1 k | 112.3 k | 45.2 k | SEC (XBRL)· 13 Apr 2026verified |
| Current assets | 36.6 m | 56.8 m | 62.2 m | 106.8 m | 114.1 m | 126.1 m | SEC (XBRL)· 13 Apr 2026verified |
| Property, plant & equipment, net | 9.5 m | 11.8 m | 10.9 m | 12.9 m | 12.8 m | 8.9 m | SEC (XBRL)· 13 Apr 2026verified |
| Intangibles (excl. goodwill) | 974.7 k | — | — | — | — | — | SEC (XBRL)· 24 Mar 2021verified |
| Total assets | 47.1 m | 68.7 m | 73.1 m | 119.6 m | 128.0 m | 140.6 m | SEC (XBRL)· 13 Apr 2026verified |
| Accounts payable | 891.8 k | 800.6 k | 1.4 m | 640.8 k | 1.3 m | 1.1 m | SEC (XBRL)· 13 Apr 2026verified |
| Current liabilities | 2.3 m | 3.2 m | 4.0 m | 6.3 m | 3.0 m | 3.2 m | SEC (XBRL)· 13 Apr 2026verified |
| Total liabilities | 2.7 m | 4.4 m | 4.3 m | 6.7 m | 3.4 m | 3.2 m | SEC (XBRL)· 13 Apr 2026verified |
| Equity | 44.4 m † | 64.3 m † | 68.8 m † | 112.9 m † | 124.6 m † | 137.4 m † | SEC (XBRL)· 13 Apr 2026verified |
† equity attributable to the parent's shareholders: in these years the issuer no longer reports the total including non-controlling interests.
Cash flow · USD
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Source (latest year) |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 13.0 m | 14.1 m | 8.6 m | 12.7 m | 1.1 m | 7.4 m | SEC (XBRL)· 13 Apr 2026verified |
| Capex | — | 11.7 m | — | 2.3 m | 271.8 k | 322.3 k | SEC (XBRL)· 13 Apr 2026verified |
| Free cash flow | — | 2.4 m ≈ | — | 10.5 m ≈ | 797.2 k ≈ | 7.1 m ≈ | SEC (XBRL)· 13 Apr 2026derived |
| Investing cash flow | — | 6.2 m | — | -2.3 m | -271.8 k | -322.3 k | SEC (XBRL)· 13 Apr 2026verified |
| Financing cash flow | -4.7 m | 1.9 m | -652.6 k | 39.9 m | 7.6 m | — | SEC (XBRL)· 11 Sept 2025verified |
≈ computed by olivLaw from the reported lines of the same year: Operating cash flow − Capex.
Computed indicators
Growth
Profitability
Returns
Balance sheet
Liquidity
Cash
Efficiency
Market and valuation
4 indicators that do not apply to the sector.
Valuation
olivLaw classification
- valuation methods computed: 0 of at least 1
A scoring methodology on indicators and valuation, not investment advice.
Closing price
04 Nov 2026Source: olivLaw, closing series
Market cap: 11.6 m USD
Key indicators
Coverage and freshness
Score by group
72% · Insufficient data
Estimated value range
unavailable — no valuation method could be computed
Valuation assumptions are editorial choices, not measured; beta is not measured.
Valuation methods
- DCF (discounted cash flow)unavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/Salesunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
- Peers: EV/EBITDAunavailable · net debt missing: EV cannot be bridged to equity (missing debt is not zero)
no valuation method could be computed
Classification (SIC) comparables group by industry code, not by economic activity; the direct group is an editorial selection by activity. Members' multiples are on their own trailing twelve months, at their own latest close.
Assumptions (illustrative, editorial)
- Risk-free rate
- 4.3%
- Equity risk premium
- 5.0%
- Beta (default)
- 1.00
- Cost of equity
- 9.3%
- Terminal growth
- 2.5%
Factor scorecard
Insufficient data
Minimum-evidence gate: valuation methods computed: 0 of at least 1
| Factor | Value | Score | Weight used |
|---|---|---|---|
| Gross margin · Quality | 32.1% | 0 (on a fixed band) | 15% |
| EBIT margin · Quality | 23.4% | 94 (vs peers) | 12% |
| FCF margin · Quality | 16.5% | 66 (on a fixed band) | 12% |
| Revenue CAGR 3Y · Growth | 6.0% | 24 (on a fixed band) | 24% |
| Revenue growth (YoY) · Growth | 6.8% | 41 (vs peers) | 12% |
| Net debt / EBITDA · Balance sheet | unavailable | unavailable | — |
| Current ratio · Balance sheet | 36.0x | 100 (on a fixed band) | 9% |
| EV/Sales · Valuation | unavailable | unavailable | — |
| FCF yield · Valuation | 68.0% | 100 (on a fixed band) | 18% |
| Shareholder yield (distributions) · Returns | unavailable | unavailable | — |
Factors without a value were dropped; the remaining weights were renormalised.
Score groups
- Balance sheet· partial100/100 · 1/2 factors with a value
- Growth30/100 · 2/2 factors with a value
- Quality49/100 · 3/3 factors with a value
- Returns· partialunavailable · 0/1 factors with a value
- Valuation· partial100/100 · 1/2 factors with a value
A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.
Memo
WETOUCH TECHNOLOGY INC. (WETH). Latest full fiscal year: 2025; data up to 2026-06-30.
Figures computed from the financial statements: revenue 45.1 m USD in 2025; YoY growth 6.8%; net margin 17.6%; ROE 6.0%.
Valuation cannot be computed from the available data.
Insufficient data for a verdict (valuation methods computed: 0 of at least 1).
Text generated deterministically from the figures shown; no language model. Not investment advice.
What supports the thesis
- EBIT margin: 23.4%
- Current ratio: 36.0x
- FCF yield: 68.0%
What contradicts it
- Gross margin: 32.1%
- Revenue CAGR 3Y: 6.0%
Not assessed (insufficient data or a ratio without meaning): Net debt / EBITDA, EV/Sales, Shareholder yield (distributions).
Versus the vertical median
Computer Peripheral Equipment, NEC (SIC 3577) · same industry (4-digit SIC) · compared with 17 companies
Multiples and returns vs the median
Price rebased to 100 (monthly, 5 years)
Companies in the vertical
| Market cap | P/E | ROE | Net margin | Revenue YoY | 1A / 3A | |
|---|---|---|---|---|---|---|
| PANWPalo Alto Networks, Inc. | 284.7 bn | 870.1 | 1.7% | 2.7% | +24.5% | +83% / +136% |
| FTNTFortinet, Inc. | 95.1 bn | 42.1 | 153.1% | 29.0% | +14.2% | +59% / +146% |
| LOGILogitech International S.A. | 14.2 bn | 18.1 | 38.2% | 16.4% | +6.3% | −11% / +14% |
| CRSRCorsair Gaming, Inc. | 1.4 bn | 41.4 | 5.8% | 2.5% | +11.9% | +104% / +3% |
| EVLVEvolv Technologies Holdings, Inc. | 871.2 m | — | -4.9% | -3.0% | +40.5% | −25% / +20% |
| MITKMitek Systems, Inc. | 861.4 m | 40.7 | 9.2% | 11.4% | +4.4% | +115% / +69% |
| SSYSStratasys Ltd. | 587.3 m | — | -12.7% | -18.9% | −3.7% | −22% / −38% |
| IMMRImmersion Corporation | 237.8 m | 21.6 | 3.5% | 0.6% | +11.2% | +1% / +10% |
| RDCMRadcom Ltd. | 168.7 m | 14.3 | 11.4% | 16.8% | +17.2% | −22% / +29% |
| XRXXerox Holdings Corp | 155.0 m | — | -128.0% | -11.9% | +12.9% | −58% / −92% |
| MYNDMynd.ai, Inc. | 126.0 m | — | -995.5% | -32.2% | −37.2% | −56% / −97% |
| INVEInve Technologies, Inc. | 64.0 m | — | -10.9% | -62.9% | −19.3% | −22% / −62% |
| TACTTransact Technologies Inc | 54.4 m | — | -1.3% | -0.8% | +18.7% | +19% / −22% |
| LINKInterlink Electronics, Inc | 52.3 m | — | -10.5% | -7.9% | +1.8% | −8% / −39% |
| WETHWetouch Technology Inc. | 11.6 m | 1.2 | 6.0% | 17.6% | +6.8% | −62% / unavailable |
| AIMDAinos, Inc. | 5.4 m | — | -196.3% | -106,283.3% | +499.0% | −65% / −95% |
| YIBOPlanet Image International Limited | — | — | -14.4% | -5.3% | +3.6% | +5% / unavailable |
| VTIXVirtuix Holdings Inc. | — | — | — | -543.2% | +18.4% | unavailable / unavailable |
1- and 3-year price returns: for WETH from daily closes (the same as the performance table), for the other companies from month-end closes.
olivLaw engine forecast
The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.
The engine has no published run for this company yet.
Valuation scenarios (editable assumptions)
Illustrative scenarios
Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.
Estimated price (USD)
| Estimated price | Bear | Base | Bull |
|---|---|---|---|
| 1 years | 0.47 Total return -46% · Per year -46% | 0.82 Total return -5% · Per year -5% | 1.24 Total return 44% · Per year 44% |
| 3 years | 0.47 Total return -46% · Per year -19% | 0.93 Total return 7% · Per year 2% | 1.53 Total return 77% · Per year 21% |
| 5 years | 0.47 Total return -46% · Per year -12% | 1.04 Total return 20% · Per year 4% | 1.88 Total return 118% · Per year 17% |
- Exit P/E± 0.23
- Net margin± 0.16
- Annual revenue growth± 0.13
- Annual dilution± 0.01
AI analysis
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
In brief
Wetouch Technology Inc. designs and manufactures medium- to large-sized projected capacitive touchscreens for financial terminals, automotive, point-of-sale, gaming and industrial HMI uses. The company grew in fiscal 2025 and in the first half of 2026, but it still depends on a few large customers and on the Chinese market, which matters now for judging the stability of its revenue 12.
SWOT
Strengths
- The company has a specialised portfolio of medium- and large-sized screens, quality and environmental certifications, and applications across several industries 1.
- Revenue rose in fiscal 2025 and in the first half of 2026, and net income also grew, which shows an ability to generate cash from operations 12.
- The product mix has moved toward segments with higher added value, which could support margins over the long term 1.
Weaknesses
- The company depends on a few large customers, which could reduce orders or switch to competitors, with a direct effect on revenue 1.
- Internal control over financial reporting has material weaknesses identified in the audits for 2025 and 2024 1.
- Gross margin fell in 2025 because of higher costs and price discounts granted to some customers 1.
Opportunities
- Development of the new Chengdu facility could expand production capacity for higher-end products, if the project is completed on schedule 2.
- Demand for industrial, POS and gaming screens could keep growing, and the company has already adjusted its product mix toward these areas 1.
- Expansion in Chinese regions where sales are rising could help diversify the customer base 1.
Threats
- Trade and political tensions between the US and China could affect the company's access to US capital and its exports 1.
- Intense competition in the touchscreen industry could reduce market share and profitability 1.
- Delays in building the new facility and a possible failure to obtain the land use right certificate could affect expansion plans 1.
Risks
- Dependence on large customershigh
The company's largest customers account for a significant share of revenue, and losing one of them could affect financial results 1.
- Internal control weaknesseshigh
Auditors identified material weaknesses in internal control over financial reporting, which could affect the accuracy of the company's reports 1.
- Legal and regulatory risks in Chinahigh
Operations in China are subject to rules that can restrict fund transfers, dividend distributions and securities offerings, which could limit the holding company's activity 2.
- Delays in the new facilitymedium
Construction has been slower than expected because of delayed materials, and obtaining the land use right certificate on time is not assured 12.
- Raw material and component costsmedium
Price swings and the availability of raw materials and chips could reduce the company's margins 1.
Investment thesis
What would need to be true (bull case)
- Revenue grew in fiscal 2025 and in the second quarter of 2026, and profit followed the same trend, which shows real demand for the company's products 12.
- The shift toward higher-end segments could support margins over the long term, if the product structure keeps moving in this direction 1.
- The new facility could expand production capacity and help the company meet demand in niche industries, if it is completed as planned 2.
What would break the thesis
- Dependence on a few large customers makes revenue vulnerable to order changes from a single client 1.
- Internal control weaknesses and regulatory risks in China could reduce investor confidence and complicate access to capital 12.
- Gross margin fell in 2025, and cost and price pressure could continue, weighing on profitability 1.
What to watch
- Revenue and gross margin trends in the coming quartersQ3 2026
- Progress of the Chengdu facility construction and project completion2027
- Concentration of revenue among large customers and changes in their sharesnext 10-K
- Any changes in dividend policy and fund transfers from China2027
Products, market & competition
AI-generatedAI-generated analysis (Claude) from cited public sources; it may contain errors. Not investment advice. As of 27 Oct 2026 · Model: claude-haiku-5-5.
The business
The core business covers four touch panel structures, Glass-Glass, Glass-Film-Film, Plastic-Glass and Glass-Film, each suited to different uses from automotive GPS to industrial HMI 1. The products are designed for durability and resistance to interference, corrosion and temperature variation, which has supported their use in ATMs, payment terminals, lottery and gaming machines 1. The company describes a diversified client base, but a significant share of revenue is concentrated in a few customers accounting for at least 10% of revenue each 1.
Segments
Automotive and GPS screens
Touchscreens for automobiles and navigation and entertainment systems are one of the company's largest product categories, and GG products are used mainly in GPS and entertainment panels of mid-size and luxury cars 1.
Financial terminals, POS and gaming
Screens for POS terminals, financial terminals, lottery and gaming machines have grown in recent years and are the areas where the company has shifted production toward more advanced products 1. These applications demand resistance to wear and temperature variation, which the company regards as a strength 1.
Market context
The market for medium- to large-sized touchscreens is segmented by industry and by panel structure, and demand depends on automotive production, financial equipment and gaming and lottery equipment 1. The company's sales are concentrated in China, with a smaller part in Europe, South Korea and Taiwan 1.
In the first half of 2026 the company's revenue rose compared with the same period a year earlier, and domestic sales remained the dominant share 2. In the short term, market dynamics could depend on demand in China and on the cost of raw materials and chip components 1.
Trends
- Shift toward higher-end productstailwind
The company has gradually moved production away from lower-end products such as automotive screens toward more advanced products for industrial computers, gaming, POS and multi-function printers, which could support margins over the long term 1.
- Growth in Chinese salestailwind
Domestic sales in China rose in 2025, particularly in the southern, eastern and southwest regions, which points to expanding internal demand 1.
- Pressure on prices and costsheadwind
The cost of materials, including chips, and of labour rose in 2025, and price discounts granted to long-term customers reduced gross margin 1.
- US-China trade relationsmixed
Changes in US-China trade policy and geopolitical tensions could affect the company's exports and its access to capital markets, a risk that remains relevant for a company with operations in China 1.
Competitive position
The touchscreen market is competitive, and the company notes that intense competition can reduce market share and profitability 1. Competitors include other touchscreen makers in China and East Asia, which may offer more attractive prices or services 1.
The company's advantages lie in material quality, quality and environmental certifications and its ability to supply screens for specialised applications, although the sources do not describe a clearly quantified leadership position 1.
- Touchscreen makers in China
Local companies competing in the same capacitive screen segments for POS, automotive and industrial uses, as the risks described by the company indicate 1.
- East Asian automotive panel makers
Suppliers in East Asia that may compete in the automotive and GPS screen segment, where the company depends on large customers 1.
- Payment terminal and lottery equipment suppliers
Companies that integrate their own touch displays or buy them from third parties, which could reduce demand for the company's products 1.
- Industrial HMI makers
Suppliers that develop their own interface solutions and may compete with the company's industrial screens 1.
Links, dependencies and risks
Who the company is tied to, from its own SEC filings (customers, suppliers, production, partners, competitors, countries, regulation), from the 5 %+ holders' statements (13D/13G) and from what other companies say about it. Click a node for its evidence; on a listed company the graph moves to it.
Loading the links…
News & filings
In the press
No news in our archive over the last 180 days.
SEC filings
- Current report30 Sept 2026Regulation FD disclosure · Financial statements and exhibits
- Current report23 Sept 2026Item 3.02
- Current report04 Sept 2026Shareholder vote
- Proxy statement21 Aug 2026
- Quarterly report14 Aug 2026
- Current report31 Jul 2026Material agreement · Item 3.02 · Financial statements and exhibits
- Current report28 Jul 2026Regulation FD disclosure · Financial statements and exhibits
- Quarterly report15 May 2026
- Annual report13 Apr 2026
- Current report12 Jan 2026Amendments to articles or bylaws · Financial statements and exhibits
Sources
- [1] Form 10-K, fiscal year ended 2025-12-31 · SEC / Wetouch Technology Inc. · 13 Apr 2026
- [2] Form 10-Q, quarter ended 2026-06-30 · SEC / Wetouch Technology Inc. · 14 Aug 2026
Figures computed by olivLaw from SEC filings and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.