Wetouch Technology WETH
NASDAQ WETH
$0.97 0.00 (-0.01%)
As of: Oct 20, 2026 · 10:43 AM EDT

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

Updated

Wetouch Technology's (WETH) Asset Utilization Ratio was 0.32 for Q2 2026, up 0.5% from 0.32 a year earlier but down 0.7% from the prior quarter.

Analysis

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

For FY2025, Asset Utilization Ratio at Wetouch Technology was 0.34, down 1.6% from FY2024.

  • Asset Utilization Ratio has declined for five consecutive years.
  • By year, Asset Utilization Ratio came in at 0.34 in FY2024 (-17.1%), 0.41 in FY2023 (-23.0%), 0.53 in FY2022 (-24.1%) and 0.70 in FY2021 (-0.2%).
  • Five-year quarterly Asset Utilization Ratio spans a low of 0.31 in Q3 2025 and a high of 0.73 in Q3 2021.
  • Year over year, Asset Utilization Ratio gained in 1 of the last eight quarters, with an average decline of 2.2%.
  • The high point for year-over-year Asset Utilization Ratio in five years was Q2 2026 (growth of 0.5%); the low point was Q3 2023 (a decline of 37.4%).
  • Per Business Quant data, the three quarters before Q2 2026 came in at 0.32 (Q1 2026), 0.32 (Q4 2025) and 0.31 (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Apple 4,991.01 Bn 4,738.50 Bn 54.77 Bn 1.24
2 Cisco Systems 420.90 Bn 356.82 Bn 11.06 Bn 0.50
3 Dell Technologies 299.72 Bn 255.47 Bn 9.83 Bn 1.25
4 Arista Networks 227.20 Bn 180.65 Bn 1.91 Bn 0.46
5 Sandisk 202.83 Bn 191.35 Bn 7.58 Bn 1.02
6 Sony 149.55 Bn 86.81 Bn 6.53 Bn 0.84
7 Seagate Technology Holdings 147.86 Bn 142.86 Bn 1.90 Bn 1.29
8 Western Digital 123.72 Bn 111.85 Bn 2.03 Bn 0.89
9 Hewlett Packard Enterprise 75.04 Bn 52.92 Bn 4.93 Bn 0.51
10 Wetouch Technology 11.90 Mn -467.69 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
API Access

Wetouch Technology Asset Utilization Ratio API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WETH&period=max&api_key=YOUR_API_KEY