Company / Net Income
Wetouch Technology Inc. Net Income History
FY2020-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Net Income
$6.0M
FY2025
5-year range
$6.0M / $17.4M
FY2021-FY2025
Trend
-27.0%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Net Income has declined for 3 consecutive years, from $17M in FY2022 to $6M in FY2025.
Based on SEC 10-K filings.
$6M in FY2025 with a 5-year CAGR of -15.2%.
Declined from $9M to $6M over the past 2 years.
Net Income over time
Growth rates
- 3-Year CAGR
- -29.7%
- 5-Year CAGR
- -15.2%
- 10-Year CAGR
- -
Key checks
Key Insights
- Wetouch Technology Inc.'s net income has declined for 3 consecutive years.
- 5-year CAGR of -15.2%, indicating a declining trend.
- In FY2025, net income decreased 27.0% year-over-year.
- Peak net income was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 4.39 (safe zone, above 2.9 threshold)
- Low earnings quality (accrual-heavy earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Net IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $6.0M | -27.0% |
| FY2024 | $8.3M | -5.3% |
| FY2023 | $8.7M | -49.8% |
| FY2022 | $17.4M | +94.7% |
| FY2021 | $8.9M | -34.9% |
| FY2020 | $13.7M | - |
As of FY2025 · SEC 10-K · Updated Jun 28, 2026