Wetouch Technology (WETH) Current Taxes (2019 - 2026)
Wetouch Technology (WETH) posted Current Taxes of $929,716 for Q2 2026, up 7.3% from $866,798 a year earlier but down 22.7% from the prior quarter.
Wetouch Technology (WETH) Current Taxes (2019 - 2026) Analysis & Trends
At the end of FY2022, Wetouch Technology's Current Taxes came in at $22,152, down 66.2% from FY2021.
- Annual Current Taxes has declined for three consecutive years, with a three-year compound annual growth rate of -67.5% (FY2019 to FY2022).
- In prior years, Wetouch Technology's Current Taxes was $65,463 in FY2021 (-38.9%), $107,137 in FY2020 (-83.3%) and $642,967 in FY2019.
- Quarterly Current Taxes has run from a low of $22,152 in Q4 2022 to a high of $1.5 million in Q2 2023 over five years.
- On a year-over-year basis, Current Taxes increased in two of the last six quarters, with growth averaging 5.4%.
- The strongest year-over-year quarter for Current Taxes in the past five years was Q1 2025, with growth of 95.9%; the weakest was Q4 2022, with a decline of 66.2%.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | - |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 190.00 Mn |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | - |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | - |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 1.29 Bn |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | - |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 173.00 Mn |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 1.18 Bn |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | - |
| 10 | Wetouch Technology | 12.66 Mn | -466.94 Mn | 4.88 Mn | 929,716.00 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 929,716.00 |
| 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 |
Wetouch Technology Current Taxes 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=current-taxes&ticker=WETH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "WETH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();