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Wetouch Technology (Wetouch Technology) EBIT per Share : $1.38 (TTM As of Dec. 2023)


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What is Wetouch Technology EBIT per Share?

Wetouch Technology's EBIT per Share for the three months ended in Dec. 2023 was $-0.21. Its EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.38.

During the past 12 months, the average EBIT per Share Growth Rate of Wetouch Technology was -78.20% per year. During the past 3 years, the average EBIT per Share Growth Rate was -45.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Wetouch Technology's EBIT per Share or its related term are showing as below:

WETH' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -45.6   Med: -33.05   Max: -20.5
Current: -45.6

During the past 5 years, the highest 3-Year average EBIT per Share Growth Rate of Wetouch Technology was -20.50% per year. The lowest was -45.60% per year. And the median was -33.05% per year.

WETH's 3-Year EBIT Growth Rate is ranked worse than
92.44% of 1389 companies
in the Real Estate industry
Industry Median: 5.6 vs WETH: -45.60

Wetouch Technology's EBIT for the three months ended in Dec. 2023 was $-2.05 Mil.

Wetouch Technology EBIT per Share Historical Data

The historical data trend for Wetouch Technology's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Wetouch Technology EBIT per Share Chart

Wetouch Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT per Share
11.76 8.43 13.36 6.68 1.34

Wetouch Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.02 0.52 0.64 0.42 -0.21

Wetouch Technology EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Wetouch Technology's EBIT per Share for the fiscal year that ended in Dec. 2023 is calculated as

EBIT per Share(A: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=12.599/9.375
=1.34

Wetouch Technology's EBIT per Share for the quarter that ended in Dec. 2023 is calculated as

EBIT per Share(Q: Dec. 2023 )
=EBIT/Shares Outstanding (Diluted Average)
=-2.047/9.827
=-0.21

EBIT per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Wetouch Technology  (NAS:WETH) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.

Wetouch Technology EBIT per Share Related Terms

Thank you for viewing the detailed overview of Wetouch Technology's EBIT per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Wetouch Technology (Wetouch Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wetouch Technology Inc (NAS:WETH) » Definitions » EBIT per Share
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Traded in Other Exchanges
N/A
Address
No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, CHN, 620500
Website
https://www.wetouchinc.com
Wetouch Technology Inc is a touch panel supplier focused on R & D, production and sales of touch screen products. It offers touchscreens for a variety of applications, including GPS/car entertainment panels for automotive industry, industrial human-machine interface ("HMI"), financial and banking terminals, point of sale, lottery and gaming machines, smart home, robots and charging stations. The Company sells touchscreen products both domestically in China and internationally, covering majority areas in China, Taiwan, South Korea, and Germany.