Wetouch Technology Inc
usa-wetouch.comWhat Do They Do?
Makes and sells medium- to large-sized touchscreens for automotive, industrial, and commercial equipment makers.
10-K for FY2025, filed Apr 13, 2026Through our wholly-owned subsidiaries, we are engaged in the research, development, manufacturing, sales and servicing of medium- to…View ↗
Our product portfolio comprises medium- to large-sized projected capacitive touchscreens ranging from 7.0 inch to 42-inch screens. In terms…View ↗
POS machines are used in a variety of retailers, including in department stores, supermarkets, convenience stores, boutiques, restaurants…View ↗
Touchscreens in the industrial sector have broad application, and play an important role in industrial HMI. Industrial HMI systems and…View ↗
How Do They Make Money?
Customers pay for touchscreen products, with sales counted when the goods are delivered and accepted. Customers usually pay in full within three to six months from delivery.
10-K for FY2025, filed Apr 13, 2026We generate revenues through sales of our various touchscreen products. For the years ended December 31, 2025 and 2024, we recognized…View ↗
In accordance with ASC 606, the Company recognizes revenue when it transfers its goods and services to customers in an amount that reflects…View ↗
For the years ended December 31, 2025 and 2024, we did not provide any extended payment terms to any of our customers. Our customers are…View ↗
$45.1M
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10-K for FY2025, filed Apr 13, 2026
$45.1M ↗
Who Are Their Customers?
Manufacturers and institutional customers buy directly from Wetouch’s sales team; the company sells to customers in China and overseas and does not use distributors.
10-K for FY2025, filed Apr 13, 2026
10-K for FY2025, filed Apr 13, 2026
Concentrations - The Company sells its products primarily through direct customers in the PRC and to some extent, the overseas customers in…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 16 cents of every revenue dollar as net income in FY2025 and turned 16 cents into free cash flow.
10-K for FY2025, filed Apr 13, 2026
$10MView ↗
10-K for FY2025, filed Apr 13, 2026
$7.2MView ↗
10-K for FY2025, filed Apr 13, 2026
$7.1MView ↗
How Are They Changing?
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Jul 31, 2026
Company agreed to sell shares to controlling shareholders
The company plans to use the proceeds to develop or acquire touchscreen complete systems.
Sources
8-K, filed Jul 31, 2026
On July 31, 2026, Wetouch Technology Inc. (the “Company”) entered into certain share purchase agreements (the “Share Purchase Agreements”)…View ↗
Growing. Revenue grew 11% in 4 years, from $40.8M in FY2021 to $45.1M in FY2025, about 3% a year.
Who Do They Compete With?
Competes with Apex Material Technology, Elo Touch Systems, and AbonTouch System
10-K for FY2025, filed Apr 13, 2026Apex Material Technology Corp., founded in 1998, is committed to the development and innovation of resistive and projected capacitive (PCI…View ↗
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