WETH (Wetouch Technology) EBIT per Share : $0.71 (TTM As of Jun. 2024)

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What is Wetouch Technology EBIT per Share?

Wetouch Technology's EBIT per Share for the three months ended in Jun. 2024 was $0.32. Its EBIT per Share for the trailing twelve months (TTM) ended in Jun. 2024 was $0.71.

During the past 12 months, the average EBIT per Share Growth Rate of Wetouch Technology was -80.60% 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
92.72% of 1388 companies
in the Real Estate industry
Industry Median: 6.5 vs WETH: -45.60

Wetouch Technology's EBIT for the three months ended in Jun. 2024 was $3.80 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	Mar24	Jun24
EBIT per Share	Get a 7-Day Free Trial														0.64	0.42	-0.21	0.18	0.32

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 Jun. 2024 is calculated as

	EBIT per Share		(Q: Jun. 2024 )
=	EBIT	/	Shares Outstanding (Diluted Average)
=	3.801	/	11.982
=	0.32

EBIT per Share for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.71

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

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Wetouch Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wetouch Technology Inc (NAS:WETH) » Definitions » EBIT per Share

Comparable Companies

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, 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 the majority of areas in China, Taiwan, South Korea, and Germany.