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

Wetouch Technology's Research & Development history spans 5 years, with the latest figure at $43859.0 for Q3 2024.

  • Quarterly results put Research & Development at $43859.0 for Q3 2024, up 113.11% from a year ago — trailing twelve months through Sep 2024 was $152510.0 (up 86.46% YoY), and the annual figure for FY2023 was $84551.0, down 0.82%.
  • Research & Development for Q3 2024 was $43859.0 at Wetouch Technology, up from $43211.0 in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $43859.0 in Q3 2024 to a low of $15342.0 in Q1 2020.
  • The 5-year median for Research & Development is $22180.0 (2021), against an average of $24583.4.
  • The sharpest move saw Research & Development dropped 11.13% in 2022, then surged 113.11% in 2024.
  • Year by year, Research & Development 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.
  • According to Business Quant data, Research & Development over the past three periods came in at $43859.0, $43211.0, and $42738.0 for Q3 2024, Q2 2024, and Q1 2024 respectively.