XNASWETH
Market cap19mUSD
Dec 24, Last price
1.60USD
1D
3.23%
1Q
-11.11%
Name
Wetouch Technology Inc
Chart & Performance
P/E
2.31
P/S
0.48
EPS
0.69
Div Yield, %
0.00%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
40m
+4.70%
Net income
8m
-5.34%
CFO
13m
+48.20%
Profile
Wetouch Technology Inc. engages in the research, development, manufacture, sale, and servicing of medium to large sized projected capacitive touchscreens in the Peoples Republic of China, Taiwan, South Korea, and internationally. Its product portfolio comprises medium to large sized projected capacitive touchscreens, which range from 7.0 inch to 42-inch screens. The company offers Glass-Glass, which are primarily used in GPS/car entertainment panels in mid-size and luxury cars, industrial human-machine interface (HMI), financial and banking terminals, point of sale, and lottery machines; Glass-Film-Film, which are primarily used in high-end GPS and entertainment panels, industrial HMI, financial and banking terminals, lottery, and gaming industry; Plastic-Glass, which are used in GPS/entertainment panels motor vehicle GPS, smart home, robots, and charging stations; and Glass-Film that are used in industrial HMI. Its products are also used in financial terminals, automotive, POS, gaming, lottery, medical, HMI, and other specialized industries. The company was founded in 2011 and is based in Meishan, China.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | |
| Income | |||||
Revenues | 39,706 4.70% | 37,923 -7.02% | 40,785 30.11% | ||
Cost of revenue | 27,056 | 26,508 | 28,275 | ||
Unusual Expense (Income) | |||||
NOPBT | 12,650 | 11,415 | 12,511 | ||
NOPBT Margin | 31.86% | 30.10% | 30.67% | ||
Operating Taxes | 4,083 | 3,353 | 4,410 | ||
Tax Rate | 32.27% | 29.37% | 35.25% | ||
NOPAT | 8,568 | 8,062 | 8,101 | ||
Net income | 8,264 -5.34% | 8,730 -49.78% | 17,386 94.68% | ||
Dividends | |||||
Dividend yield | |||||
Proceeds from repurchase of equity | 40,000 | ||||
BB yield | |||||
| Debt | |||||
Debt current | 1,709 | 1,663 | 2,031 | ||
Long-term debt | |||||
Deferred revenue | |||||
Other long-term liabilities | 378 | ||||
Net debt | (96,332) | (49,587) | (44,133) | ||
| Cash flow | |||||
Cash from operating activities | 12,724 | 8,586 | 14,051 | ||
CAPEX | (2,264) | (11,695) | |||
Cash from investing activities | (2,264) | 6,164 | |||
Cash from financing activities | 39,945 | (653) | 1,863 | ||
FCF | 10,961 | 9,862 | 6,753 | ||
| Balance | |||||
Cash | 98,041 | 51,251 | 46,164 | ||
Long term investments | |||||
Excess cash | 96,055 | 49,354 | 44,124 | ||
Stockholders' equity | 69,406 | 65,432 | 61,974 | ||
Invested Capital | 45,601 | 21,378 | 22,149 | ||
ROIC | 25.58% | 37.04% | 36.73% | ||
ROCE | 11.00% | 16.14% | 18.56% | ||
| EV | |||||
Common stock shares outstanding | 9,375 | 1,844 | 1,633 | ||
Price | |||||
Market cap | |||||
EV | |||||
EBITDA | 12,660 | 11,425 | 12,892 | ||
EV/EBITDA | |||||
Interest | 252 | 225 | 27 | ||
Interest/NOPBT | 1.99% | 1.97% | 0.22% | ||