Wetouch Technology (WETH) Tax Rate (2020 - 2026)

Wetouch Technology has reported Tax Rate for 7 years, with the latest figure at 24.33% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 1214.0% year-over-year to 24.33%; the trailing twelve-month figure through Mar 2026 stood at 24.51% (down 599.0% YoY), and the FY2025 full-year result was 29.51%, down 156.0% from the prior year.
• Tax Rate for Q1 2026 stood at 24.33%, up from 9.49% in the prior quarter.
• The five-year high for Tax Rate was 54.22% in Q1 2024, with the low at 151.77% in Q4 2024.
• Historically, Tax Rate has averaged 16.03% across 5 years, with a median of 27.59% in 2025.
• Annual changes were most pronounced in 2024 — Tax Rate sank 15307 bps — and 2025, when it jumped 14228 bps.
• Wetouch Technology's Tax Rate stood at 43.21% in 2022, then slumped by 97 bps to 1.3% in 2023, then tumbled by 11805 bps to 151.77% in 2024, then jumped by 94 bps to 9.49% in 2025, then soared by 356 bps to 24.33% in 2026.
• The last three Tax Rate figures came in at 24.33% (Q1 2026), 9.49% (Q4 2025), and 20.1% (Q3 2025), per Business Quant data.