Wetouch Technology (WETH) Current Taxes (2019 - 2026)
Wetouch Technology (WETH) reported Current Taxes of $1.2 million for Q1 2026, down 6.86% on a YoY basis from $1.3 million in Q1 2025, and up 71.95% quarter-over-quarter from $699178.0 in Q3 2025.
Wetouch Technology (WETH) Current Taxes (2019 - 2026) Analysis & Trends
Wetouch Technology has reported Current Taxes for 8 years, with the latest figure at $1.2 million in Q1 2026.
- For the quarter ending Q1 2026, Current Taxes fell 6.86% year-over-year to $1.2 million; the trailing twelve-month figure through Mar 2026 stood at $1.2 million (down 6.86% YoY), and the FY2022 full-year result was $22152.0, down 66.16% from the prior year.
- Current Taxes for Q1 2026 stood at $1.2 million, up from $699178.0 in the prior quarter.
- The five-year high for Current Taxes was $1.5 million in Q2 2023, with the low at $22152.0 in Q4 2022.
- Historically, Current Taxes has averaged $1.0 million across 5 years, with a median of $1.1 million in 2022.
- Annual changes were most pronounced in 2022 — Current Taxes sank 66.16% — and 2025, when it jumped 95.9%.
- Wetouch Technology's Current Taxes stood at $22152.0 in 2022, then soared by 5091.41% to $1.2 million in 2023, then retreated by 13.02% to $1.0 million in 2024, then plunged by 30.1% to $699178.0 in 2025, then surged by 71.95% to $1.2 million in 2026.
- The last three Current Taxes figures came in at $1.2 million (Q1 2026), $699178.0 (Q3 2025), and $866798.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 656.90 Mn |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | - |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | - |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | - |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 174.40 Mn |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | - |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 7.61 Mn |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 12.27 Mn |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | - |
| 10 | Wetouch Technology | 15.75 Mn | -104.77 Mn | 5.82 Mn | 1.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.20 Mn |
| Sep 30, 2025 | 699,178.00 |
| Jun 30, 2025 | 866,798.00 |
| Mar 31, 2025 | 1.29 Mn |
| Sep 30, 2024 | 1.00 Mn |
| Jun 30, 2024 | 1.09 Mn |
| Mar 31, 2024 | 658,931.00 |
| Sep 30, 2023 | 1.15 Mn |
| Jun 30, 2023 | 1.50 Mn |
| Mar 31, 2023 | 1.40 Mn |
| Dec 31, 2022 | 22,152.00 |
| Sep 30, 2022 | 1.18 Mn |
| Jun 30, 2022 | 1.14 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 65,463.00 |
| Sep 30, 2021 | 1.10 Mn |
| Jun 30, 2021 | 1.82 Mn |
| Mar 31, 2021 | 783,098.00 |
| Dec 31, 2020 | 107,137.00 |
| Dec 31, 2019 | 642,967.00 |