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

Wetouch Technology has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.32 in Q1 2026.

• For the quarter ending Q1 2026, Asset Utilization Ratio fell 1.73% year-over-year to 0.32; the trailing twelve-month figure through Mar 2026 stood at 0.32 (down 1.73% YoY), and the FY2025 full-year result 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.
• Historically, Asset Utilization Ratio has averaged 0.34 across 5 years, with a median of 0.32 in 2025.
• Annual changes were most pronounced in 2024 — Asset Utilization Ratio sank 60.4% — and 2025, when it soared 107.57%.
• 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.
• The last three Asset Utilization Ratio figures came in at 0.32 (Q1 2026), 0.32 (Q4 2025), and 0.31 (Q3 2025), per Business Quant data.