Financials Wetouch Technology Inc.

Equities

GLFWD

US9618812088

Electronic Equipment & Parts

Market Closed - Nasdaq 04:30:01 2024-05-01 pm EDT 5-day change 1st Jan Change
1.899 USD -2.63% Intraday chart for Wetouch Technology Inc. -19.88% -62.77%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 105.5 23.29 6.385 49.64
Enterprise Value (EV) 1 81.56 -20.85 -43.2 -46.69
P/E ratio 10.8 x 1.34 x 0.71 x 5.73 x
Yield - - - -
Capitalization / Revenue 3.37 x 0.57 x 0.17 x 1.25 x
EV / Revenue 2.6 x -0.51 x -1.14 x -1.18 x
EV / EBITDA 6.3 x -1.6 x -3.95 x -3.69 x
EV / FCF 8,205,058 x -34,538,319 x -5,589,329 x -4,668,888 x
FCF Yield 0% -0% -0% -0%
Price to Book 2.38 x 0.36 x 0.09 x 0.44 x
Nbr of stocks (in thousands) 1,575 1,591 1,680 9,733
Reference price 2 67.00 14.64 3.800 5.100
Announcement Date 3/24/21 4/28/22 5/1/23 4/17/24
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 36.75 40 31.35 40.79 37.92 39.71
EBITDA 1 15.42 18.04 12.94 13.01 10.92 12.66
EBIT 1 14.38 17 11.88 12.62 10.91 12.65
Operating Margin 39.13% 42.5% 37.9% 30.95% 28.78% 31.86%
Earnings before Tax (EBT) 1 13.94 16.44 10.48 21.8 12.08 12.35
Net income 1 11.8 13.72 8.93 17.39 8.73 8.264
Net margin 32.12% 34.29% 28.49% 42.63% 23.02% 20.81%
EPS - - 6.200 10.93 5.387 0.8900
Free Cash Flow - -6.112 9.941 0.6036 7.729 10
FCF margin - -15.28% 31.71% 1.48% 20.38% 25.19%
FCF Conversion (EBITDA) - - 76.84% 4.64% 70.75% 79%
FCF Conversion (Net income) - - 111.31% 3.47% 88.53% 121.01%
Dividend per Share - - - - - -
Announcement Date 10/15/20 10/15/20 3/24/21 4/28/22 5/1/23 4/17/24
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 13.6 9.61 24 44.1 49.6 96.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - -6.11 9.94 0.6 7.73 10
ROE (net income / shareholders' equity) - 54.4% 23.5% 32% 13.1% 9.09%
ROA (Net income/ Total Assets) - 24.5% 16.7% 13.6% 9.62% 8.2%
Assets 1 - 55.94 53.4 127.5 90.73 100.7
Book Value Per Share - - 28.20 40.40 41.00 11.60
Cash Flow per Share - - 15.20 29.00 30.50 10.10
Capex 1 0.01 0.01 - 11.7 - 2.26
Capex / Sales 0.02% 0.01% - 28.68% - 5.7%
Announcement Date 10/15/20 10/15/20 3/24/21 4/28/22 5/1/23 4/17/24
1USD in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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