Wetouch Technology (WETH) Asset Utilization Ratio (2021 - 2026)
Wetouch Technology (WETH) posted quarterly Asset Utilization Ratio of 0.32 for Q1 2026, down 1.73% year-over-year from 0.33 in Q1 2025, and little changed quarter-over-quarter from 0.32 in Q4 2025.
Wetouch Technology (WETH) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Wetouch Technology's Asset Utilization Ratio history runs 6 years deep, the most recent figure standing at 0.32 for Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 1.73% year-over-year to 0.32; the TTM figure through Mar 2026 stood at 0.32 (down 1.73% YoY), while the FY2025 annual figure was 0.34, down 1.59% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.32, roughly flat from 0.32 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.59 in Q1 2022, with the low at 0.15 in Q3 2024.
- The 5-year median for Asset Utilization Ratio is 0.32 (2025), against an average of 0.34.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio plunged 60.4% in 2024, then surged 107.57% in 2025.
- Wetouch Technology's Asset Utilization Ratio stood at 0.52 in 2022, then plunged by 55.72% to 0.23 in 2023, then gained by 8.87% to 0.25 in 2024, then advanced by 27.69% to 0.32 in 2025, then dropped by 0.36% to 0.32 in 2026.
- Business Quant data shows WETH's Asset Utilization Ratio at 0.32 in Q1 2026, 0.32 in Q4 2025, and 0.31 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 376.80 Bn | 370.69 Bn | 3.55 Bn | 0.67 |
| 2 | Corning | 130.52 Bn | 128.01 Bn | 1.63 Bn | 0.53 |
| 3 | TE Connectivity | 58.24 Bn | 57.00 Bn | 1.84 Bn | 0.75 |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | 1.24 |
| 5 | Celestica | 34.83 Bn | 34.29 Bn | 577.50 Mn | 1.73 |
| 6 | Jabil | 33.37 Bn | 32.01 Bn | 828.00 Mn | 1.51 |
| 7 | Fabrinet | 15.92 Bn | 15.05 Bn | 158.05 Mn | 1.25 |
| 8 | Ttm Technologies | 11.93 Bn | 11.42 Bn | 211.86 Mn | 0.80 |
| 9 | Littelfuse | 10.43 Bn | 9.81 Bn | 306.06 Mn | 0.66 |
| 10 | Wetouch Technology | 15.33 Mn | -112.18 Mn | 4.88 Mn | 0.32 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.32 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.33 |
| Dec 31, 2024 | 0.25 |
| Sep 30, 2024 | 0.15 |
| Jun 30, 2024 | 0.15 |
| Mar 31, 2024 | 0.16 |
| Dec 31, 2023 | 0.23 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.34 |
| Mar 31, 2023 | 0.41 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.54 |
| Jun 30, 2022 | 0.53 |
| Mar 31, 2022 | 0.59 |
| Dec 31, 2021 | 0.60 |
| Sep 30, 2021 | 0.73 |
| Jun 30, 2021 | 0.78 |