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Wetouch Technology (Wetouch Technology) EBITDA Margin % : -86.23% (As of Dec. 2023)


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What is Wetouch Technology EBITDA Margin %?

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Wetouch Technology's EBITDA for the three months ended in Dec. 2023 was $-2.05 Mil. Wetouch Technology's Revenue for the three months ended in Dec. 2023 was $2.37 Mil. Therefore, Wetouch Technology's EBITDA margin for the quarter that ended in Dec. 2023 was -86.23%.


Wetouch Technology EBITDA Margin % Historical Data

The historical data trend for Wetouch Technology's EBITDA Margin % 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 EBITDA Margin % Chart

Wetouch Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA Margin %
43.74 42.32 54.44 32.48 31.76

Wetouch Technology Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBITDA Margin % 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 -1.53 31.52 49.08 37.32 -86.23

Competitive Comparison of Wetouch Technology's EBITDA Margin %

For the Real Estate Services subindustry, Wetouch Technology's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Wetouch Technology's EBITDA Margin % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wetouch Technology's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Wetouch Technology's EBITDA Margin % falls into.



Wetouch Technology EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Wetouch Technology's EBITDA Margin % for the fiscal year that ended in Dec. 2023 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=12.609/39.706
=31.76 %

Wetouch Technology's EBITDA Margin % for the quarter that ended in Dec. 2023 is calculated as

EBITDA Margin %=EBITDA (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-2.047/2.374
=-86.23 %

* 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) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Wetouch Technology EBITDA Margin % Related Terms

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Wetouch Technology (Wetouch Technology) Business Description

Traded in Other Exchanges
N/A
Address
No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, CHN, 620500
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.