Annual Gross Margin
43.30%
+6.25%+16.87%
December 31, 2023
Summary
- As of March 2, 2025, WETH annual gross profit margin is 43.30%, with the most recent change of +6.25% (+16.87%) on December 31, 2023.
- During the last 3 years, WETH annual gross margin has fallen by -6.50% (-13.05%).
- WETH annual gross margin is now -13.05% below its all-time high of 49.80%, reached on December 1, 2020.
Performance
WETH Gross Margin Chart
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Highlights
High & Low
Earnings dates
Quarterly Gross Margin
38.45%
-1.28%-3.22%
September 30, 2024
Summary
- As of March 2, 2025, WETH quarterly gross profit margin is 38.45%, with the most recent change of -1.28% (-3.22%) on September 30, 2024.
- Over the past year, WETH quarterly gross margin has increased by +16.01% (+71.35%).
- WETH quarterly gross margin is now -26.03% below its all-time high of 51.98%, reached on September 1, 2020.
Performance
WETH Quarterly Gross Margin Chart
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Gross Margin Formula
Gross Margin = Gross Profit
Revenue ✕ 100%
Revenue ✕ 100%
WETH Gross Margin Trends
| PeriodPeriod | AnnualAnnual | QuarterlyQuarterly |
|---|---|---|
| 1 y1 year | +16.9% | +71.3% |
| 3 y3 years | -13.1% | +71.3% |
| 5 y5 years | -12.2% | +71.3% |
WETH Gross Margin Highs & Lows
| PeriodPeriod | Annual vs highAnnual vs high | Annual vs lowAnnual vs low | Quarter. vs highQuarter. vs high | Quarter. vs lowQuarter. vs low | |
|---|---|---|---|---|---|
| 3 y | 3-year | -4.2% | +16.9% | -21.4% | +363.0% |
| 5 y | 5-year | -13.1% | +16.9% | -26.0% | +363.0% |
| alltime | all time | -13.1% | +16.9% | -26.0% | +363.0% |
Wetouch Technology Gross Margin History
| Date | Annual | Quarterly |
|---|---|---|
| Sep 2024 | - | 38.45%(-3.2%) |
| Jun 2024 | - | 39.73%(+77.0%) |
| Mar 2024 | - | 22.44%(+340.0%) |
| Dec 2023 | 43.30%(+16.9%) | 5.10%(-88.1%) |
| Sep 2023 | - | 42.95%(-12.3%) |
| Jun 2023 | - | 48.95%(+8.9%) |
| Mar 2023 | - | 44.95%(-407.5%) |
| Dec 2022 | 37.05% | - |
| Dec 2022 | - | -14.62%(-133.6%) |
| Sep 2022 | - | 43.55%(+1.3%) |
| Date | Annual | Quarterly |
|---|---|---|
| Jun 2022 | - | 42.98%(+19.6%) |
| Mar 2022 | - | 35.94%(+122.3%) |
| Dec 2021 | 45.19%(-9.3%) | 16.17%(-62.4%) |
| Sep 2021 | - | 42.95%(-17.2%) |
| Jun 2021 | - | 51.86%(+8.1%) |
| Mar 2021 | - | 47.99%(+0.0%) |
| Dec 2020 | 49.80%(+0.9%) | 47.97%(-7.7%) |
| Sep 2020 | - | 51.98%(+2.5%) |
| Jun 2020 | - | 50.70%(+8.7%) |
| Mar 2020 | - | 46.63% |
| Dec 2019 | 49.34% | - |
FAQ
- What is Wetouch Technology annual gross profit margin?
- What is the all time high annual gross margin for Wetouch Technology?
- What is Wetouch Technology annual gross margin year-on-year change?
- What is Wetouch Technology quarterly gross profit margin?
- What is the all time high quarterly gross margin for Wetouch Technology?
- What is Wetouch Technology quarterly gross margin year-on-year change?
What is Wetouch Technology annual gross profit margin?
The current annual gross margin of WETH is 43.30%
What is the all time high annual gross margin for Wetouch Technology?
Wetouch Technology all-time high annual gross profit margin is 49.80%
What is Wetouch Technology annual gross margin year-on-year change?
Over the past year, WETH annual gross profit margin has changed by +6.25% (+16.87%)
What is Wetouch Technology quarterly gross profit margin?
The current quarterly gross margin of WETH is 38.45%
What is the all time high quarterly gross margin for Wetouch Technology?
Wetouch Technology all-time high quarterly gross profit margin is 51.98%
What is Wetouch Technology quarterly gross margin year-on-year change?
Over the past year, WETH quarterly gross profit margin has changed by +16.01% (+71.35%)