Wetouch Technology (WETH) Prepaid Assets (2019 - 2026)
Wetouch Technology (WETH) reported Prepaid Assets of $1.1 million for Q2 2026, down 7.7% from $1.19 million a year earlier and down 1.6% from the prior quarter.
Wetouch Technology (WETH) Prepaid Assets (2019 - 2026) Analysis & Trends
At the end of FY2025, Wetouch Technology posted Prepaid Assets of $1.19 million, down 56.9% from FY2024.
- Prepaid Assets has a five-year compound annual growth rate of 39.1% (FY2020 to FY2025).
- By year, Prepaid Assets came in at $2.76 million in FY2024 (+159.7%), $1.06 million in FY2023 (-26.7%), $1.45 million in FY2022 (-40.7%) and $2.45 million in FY2021 (+970.7%).
- The Q2 2026 figure ranks as the lowest quarterly Prepaid Assets since Q4 2023.
- Year over year, Prepaid Assets has now declined in each of the last six quarters, with growth averaging 10.7% over the last eight quarters.
- The high point for year-over-year Prepaid Assets in five years was Q4 2021 (growth of 970.7%); the low point was Q2 2025 (a decline of 69.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.12 million (Q1 2026), $1.19 million (Q4 2025) and $1.13 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn |
| 10 | Wetouch Technology | 12.41 Mn | -467.19 Mn | 4.88 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.10 Mn |
| Mar 31, 2026 | 1.12 Mn |
| Dec 31, 2025 | 1.19 Mn |
| Sep 30, 2025 | 1.13 Mn |
| Jun 30, 2025 | 1.19 Mn |
| Mar 31, 2025 | 2.17 Mn |
| Dec 31, 2024 | 2.76 Mn |
| Sep 30, 2024 | 3.36 Mn |
| Jun 30, 2024 | 3.86 Mn |
| Mar 31, 2024 | 4.12 Mn |
| Dec 31, 2023 | 1.06 Mn |
| Sep 30, 2023 | 1.04 Mn |
| Jun 30, 2023 | 1.05 Mn |
| Mar 31, 2023 | 1.15 Mn |
| Dec 31, 2022 | 1.45 Mn |
| Sep 30, 2022 | 1.17 Mn |
| Jun 30, 2022 | 1.23 Mn |
| Mar 31, 2022 | 1.74 Mn |
| Dec 31, 2021 | 2.45 Mn |
| Sep 30, 2021 | 1.01 Mn |
Wetouch Technology Prepaid Assets 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=prepaid-assets&ticker=WETH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "prepaid-assets", "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=prepaid-assets&ticker=WETH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();