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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |