WETH (Wetouch Technology) Tax Provision: $-2.77 Mil (TTM As of Mar. 2026)

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WETH Wetouch Technology Inc WETH
72 GF Score
Price $1.34
GF Value $1.76
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Wetouch Technology Tax Provision?

Wetouch Technology WETH +11.57% 72 Tax Provision is $-2.77 Mil as of Mar. 2026. GuruFocus rates WETH with a GF Score™ of 72/100 and a GF Value™ of $1.76 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Wetouch Technology's tax provision for the three months ended in Mar. 2026 was $-1.24 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was $-2.77 Mil.

Wetouch Technology Tax Provision Historical Data

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The historical data trend for Wetouch Technology's Tax Provision 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.

Wetouch Technology Tax Provision Chart

Wetouch Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Provision
Get a 7-Day Free Trial Premium Member Only -4.41 -3.35 -4.08 -2.66 -3.00

Wetouch Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 Premium Member Only Premium Member Only Premium Member Only -1.47 -0.88 -0.64 -0.02 -1.24
WETH
72GF Score
Wetouch Technology Inc WETH
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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Wetouch Technology Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-2.77 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of $-2.77 Mil mean?
Wetouch Technology (WETH) has a Tax Provision of $-2.77 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Wetouch Technology and its competitors.
Is Wetouch Technology's Tax Provision too high?
Wetouch Technology's current Tax Provision is $-2.77 Mil. Overall, Wetouch Technology has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wetouch Technology's Tax Provision compare to MTEK and NEON?
Wetouch Technology's Tax Provision of $-2.77 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for a Hardware company?
A good Tax Provision depends on the Hardware industry context. However, Tax Provision should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on Wetouch Technology and its competitors. Wetouch Technology's current Tax Provision is $-2.77 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wetouch Technology stock overvalued right now?
Based on GuruFocus' analysis, Wetouch Technology (WETH) is currently considered Modestly Undervalued. The stock's GF Value™ is $1.76, compared to a current price of $1.34 — trading 23.9% below its estimated fair value. The current Tax Provision is $-2.77 Mil. Wetouch Technology's overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For Wetouch Technology (WETH), the current Tax Provision is $-2.77 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Wetouch Technology (WETH) Overvalued in 2026?

Based on GuruFocus' analysis, Wetouch Technology stock appears to be undervalued. The current stock price of $1.34 is trading 23.9% below its estimated GF Value™ of $1.76. GuruFocus considers Wetouch Technology to be Modestly Undervalued.

Key valuation signals for WETH:

  • Tax Provision: $-2.77 Mil
  • GF Value™: $1.76 vs. price of $1.34 (23.9% below fair value)
  • GF Score™: 72/100 with 4 warning signs

No single metric tells the full story. See the WETH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Wetouch Technology Business Description

Address No. 29, Third Main Avenue, Shigao Town, Renshou County, Meishan, Sichuan, CHN, 620500
Wetouch Technology Inc is a business of research and development, manufacturing, and distribution of touchscreen displays to customers both in the PRC and overseas. The touchscreen products, which are manufactured by the Company, are mainly for use in financial terminals, automotive, Point of Sales, gaming, lottery, medical, Human-Machine Interface (HMI), and other specialized industries. The company sells touchscreen products both domestically in China and internationally, covering areas in Mainland China, including but not limited to the eastern, southern, northern, and southwest regions of Mainland China, Taiwan, South Korea, Germany, and other countries.
72GF Score

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Tax Provision is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.34
Price
$1.76
GF Value