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

Wetouch Technology (WETH) has 5 years of Research & Development data on record, last reported at $43859.0 in 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 reached $43859.0 in Q3 2024 per WETH's latest filing, up from $43211.0 in the prior quarter.
  • Across five years, Research & Development topped out at $43859.0 in Q3 2024 and bottomed at $15342.0 in Q1 2020.
  • Average Research & Development over 5 years is $24583.4, with a median of $22180.0 recorded in 2021.
  • Peak YoY movement for Research & Development: fell 11.13% in 2022, then skyrocketed 113.11% in 2024.
  • A 5-year view of Research & Development shows it stood at $23166.0 in 2020, then decreased by 3.13% to $22442.0 in 2021, then dropped by 11.13% to $19944.0 in 2022, then grew by 13.83% to $22702.0 in 2023, then soared by 93.19% to $43859.0 in 2024.
  • Per Business Quant database, its latest 3 readings for Research & Development were $43859.0 in Q3 2024, $43211.0 in Q2 2024, and $42738.0 in Q1 2024.