Wetouch Technology (WETH) Return on Invested Capital (2020 - 2024)
Wetouch Technology (WETH) posted quarterly Return on Invested Capital of 0.1% for Q4 2024, up 5.0% year-over-year from 0.1% in Q1 2024, and up 140.23% quarter-over-quarter from 0.04% in Q3 2024.
Wetouch Technology (WETH) Return on Invested Capital (2020 - 2024) Analysis & Trends
Wetouch Technology's Return on Invested Capital history runs 5 years deep, the most recent figure standing at 0.1% for Q4 2024.
- In Q4 2024, Return on Invested Capital rose 5.0% year-over-year to 0.1%; the TTM figure through Dec 2024 stood at 0.1% (up 5.0% YoY), while the FY2023 annual figure was 0.2%, down 19.0% from the prior year.
- Return on Invested Capital for Q4 2024 stood at 0.1%, up from 0.04% in the prior quarter.
- The five-year high for Return on Invested Capital was 1.01% in Q2 2022, with the low at 0.03% in Q2 2024.
- The 5-year median for Return on Invested Capital is 0.11% (2021), against an average of 0.19%.
- The sharpest annual moves came in 2022 and 2023: Return on Invested Capital soared 90 bps in 2022, then slumped 93 bps in 2023.
- Wetouch Technology's Return on Invested Capital stood at 0.21% in 2020, then sank by 48 bps to 0.11% in 2021, then soared by 94 bps to 0.21% in 2022, then slumped by 78 bps to 0.05% in 2023, then surged by 109 bps to 0.1% in 2024.
- Business Quant data shows WETH's Return on Invested Capital at 0.1% in Q4 2024, 0.04% in Q3 2024, and 0.03% in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 386.99 Bn | 380.88 Bn | 3.55 Bn | 0.01% |
| 2 | Corning | 129.35 Bn | 126.84 Bn | 1.63 Bn | 0.01% |
| 3 | TE Connectivity | 58.98 Bn | 57.74 Bn | 1.84 Bn | 0.01% |
| 4 | Flex | 40.38 Bn | 37.54 Bn | 747.00 Mn | 0.01% |
| 5 | Celestica | 34.01 Bn | 33.48 Bn | 577.50 Mn | 0.10% |
| 6 | Jabil | 32.97 Bn | 31.61 Bn | 828.00 Mn | 0.01% |
| 7 | Fabrinet | 15.62 Bn | 14.74 Bn | 158.05 Mn | - |
| 8 | Ttm Technologies | 11.50 Bn | 10.99 Bn | 211.86 Mn | 0.19% |
| 9 | Littelfuse | 10.41 Bn | 9.78 Bn | 306.06 Mn | 0.00% |
| 10 | Wetouch Technology | 15.46 Mn | -112.06 Mn | 4.88 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 0.10% |
| Sep 30, 2024 | 0.04% |
| Jun 30, 2024 | 0.03% |
| Mar 31, 2024 | 0.04% |
| Dec 31, 2023 | 0.05% |
| Sep 30, 2023 | 0.06% |
| Jun 30, 2023 | 0.08% |
| Mar 31, 2023 | 0.11% |
| Dec 31, 2022 | 0.21% |
| Sep 30, 2022 | 0.57% |
| Jun 30, 2022 | 1.01% |
| Mar 31, 2022 | 0.30% |
| Dec 31, 2021 | 0.11% |
| Sep 30, 2021 | 0.11% |
| Jun 30, 2021 | 0.12% |
| Mar 31, 2021 | 0.12% |
| Dec 31, 2020 | 0.21% |