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Wetouch Technology (WETH) Research & Development (2020 - 2024)

Wetouch Technology has reported Research & Development over the past 5 years, most recently at $43859.0 for Q3 2024.

  • For Q3 2024, Research & Development rose 113.11% year-over-year to $43859.0; the TTM value through Sep 2024 reached $152510.0, up 86.46%, while the annual FY2023 figure was $84551.0, 0.82% down from the prior year.
  • Research & Development for Q3 2024 was $43859.0 at Wetouch Technology, up from $43211.0 in the prior quarter.
  • Over five years, Research & Development peaked at $43859.0 in Q3 2024 and troughed at $15342.0 in Q1 2020.
  • A 5-year average of $24583.4 and a median of $22180.0 in 2021 define the central range for Research & Development.
  • Biggest five-year swings in Research & Development: fell 11.13% in 2022 and later skyrocketed 113.11% in 2024.
  • Year by year, Research & Development stood at $23166.0 in 2020, then dropped by 3.13% to $22442.0 in 2021, then fell by 11.13% to $19944.0 in 2022, then rose by 13.83% to $22702.0 in 2023, then surged by 93.19% to $43859.0 in 2024.
  • Business Quant data shows Research & Development for WETH at $43859.0 in Q3 2024, $43211.0 in Q2 2024, and $42738.0 in Q1 2024.