Wetouch Technology (WETH) Invested Capital (2019 - 2024)
Wetouch Technology (WETH) posted Invested Capital of $120.92 million for Q1 2024, up 7.3% from $112.66 million a year earlier and up 5.5% from the prior quarter.
Wetouch Technology (WETH) Invested Capital (2019 - 2024) Analysis & Trends
For FY2023, Wetouch Technology's Invested Capital came in at $114.63 million, up 62.6% from FY2022.
- Annual Invested Capital shows a four-year compound annual growth rate of 37.5% (FY2019 to FY2023).
- In prior years, Wetouch Technology's Invested Capital was $70.5 million in FY2022 (+6.3%), $66.34 million in FY2021 and $32.1 million in FY2019.
- The Q1 2024 figure stands as the highest quarterly Invested Capital in data going back to Q4 2019.
- On a year-over-year basis, Invested Capital has increased in each of the last six quarters, with growth averaging 44.9% over the last six quarters.
- According to Business Quant data, Invested Capital for the three prior quarters was $114.63 million (Q4 2023), $113.34 million (Q3 2023) and $111.13 million (Q2 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,150.22 Bn | 4,895.69 Bn | 54.82 Bn | 192.20 Bn |
| 2 | Cisco Systems | 390.67 Bn | 326.60 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Arista Networks | 234.99 Bn | 184.19 Bn | 2.33 Bn | - |
| 4 | Dell Technologies | 223.66 Bn | 179.42 Bn | 9.83 Bn | 33.04 Bn |
| 5 | Sony | 161.53 Bn | 96.07 Bn | 7.96 Bn | 66.40 Bn |
| 6 | Sandisk | 129.94 Bn | 114.77 Bn | 9.38 Bn | - |
| 7 | Seagate Technology Holdings | 115.51 Bn | 110.35 Bn | 2.43 Bn | 5.80 Bn |
| 8 | Western Digital | 105.83 Bn | 95.66 Bn | 2.53 Bn | 10.14 Bn |
| 9 | Hewlett Packard Enterprise | 63.65 Bn | 41.53 Bn | 4.93 Bn | 46.82 Bn |
| 10 | Wetouch Technology | 10.17 Mn | -469.43 Mn | 4.88 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 120.92 Mn |
| Dec 31, 2023 | 114.63 Mn |
| Sep 30, 2023 | 113.34 Mn |
| Jun 30, 2023 | 111.13 Mn |
| Mar 31, 2023 | 112.66 Mn |
| Dec 31, 2022 | 70.50 Mn |
| Sep 30, 2022 | 67.43 Mn |
| Jun 30, 2022 | 68.39 Mn |
| Mar 31, 2022 | 69.29 Mn |
| Dec 31, 2021 | 66.34 Mn |
| Dec 31, 2019 | 32.10 Mn |
Wetouch Technology Invested Capital 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=invested-capital&ticker=WETH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();