Wetouch Technology WETH
NASDAQ WETH
$1.17 +0.02 (+2.18%)
At close: Sep 9, 2026 · 4:00 PM EDT

Wetouch Technology (WETH) Asset Utilization Ratio (2021 - 2026)

Wetouch Technology (WETH) posted Asset Utilization Ratio of 0.32 for Q2 2026, down 0.7% on a QoQ basis from 0.32 in Q1 2026, and up 0.51% year-over-year from 0.32 in Q2 2025.

Analysis

Wetouch Technology (WETH) Asset Utilization Ratio (2021 - 2026) Analysis & Trends

Wetouch Technology has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.32 in Q2 2026.

  • On a quarterly basis, Asset Utilization Ratio rose 0.51% year-over-year to 0.32 in Q2 2026; TTM through Jun 2026 was 0.32, a 0.51% increase from a year earlier, with the FY2025 full-year figure at 0.34, down 1.59% from the prior year.
  • Asset Utilization Ratio was 0.32 for Q2 2026 at Wetouch Technology, down 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 0.31 in Q3 2025.
  • Average Asset Utilization Ratio over 5 years is 0.38, with a median of 0.33 recorded in 2023.
  • The sharpest annual moves came in 2023 and 2026: Asset Utilization Ratio slumped 37.37% in 2023, then grew 0.51% in 2026.
  • Over 5 years, Asset Utilization Ratio stood at 0.52 in 2022, then tumbled by 36.45% to 0.33 in 2023, then fell by 2.52% to 0.32 in 2024, then retreated by 0.62% to 0.32 in 2025, then fell by 1.05% to 0.32 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.32 (Q2 2026), 0.32 (Q1 2026), and 0.32 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Lumentum Holdings 73.85 Bn 71.11 Bn 477.30 Mn 0.42
2 Coherent 53.87 Bn 51.88 Bn 787.08 Mn 0.40
3 Zebra Technologies 16.44 Bn 16.28 Bn 825.00 Mn 0.69
4 Littelfuse 10.68 Bn 10.05 Bn 306.06 Mn 0.66
5 Vishay Intertechnology 4.34 Bn 3.04 Bn 207.38 Mn 0.70
6 LG Display 3.21 Bn 2.14 Bn 509.35 Mn 0.95
7 Knowles 3.07 Bn 3.02 Bn 74.60 Mn 0.60
8 Bel Fuse 2.78 Bn 2.47 Bn 83.97 Mn 0.67
9 Hesai 2.56 Bn 1.58 Bn 50.88 Mn 0.30
10 Wetouch Technology 14.35 Mn -113.16 Mn 4.88 Mn 0.32
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.32
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 0.32
Sep 30, 2024 0.32
Jun 30, 2024 0.33
Mar 31, 2024 0.34
Dec 31, 2023 0.33
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