Lucide Ledger

A filing-first public record from Lucide House.

Issue 000 | U.S. Pilot | US

WETH

Wetouch Technology Inc.

Passing Verified 10-Q | 2026-05-15 Filing currency: USD
Open Filing Back to Register
Margin of Safety 88.8%

GNNI internal calculation. Market context inputs are retained internally and are not displayed.

Current Assets
132,723,600USD
Total Liabilities
4,116,768USD
NCAV
128,606,832USD
Cash
120,518,189USD
NCAV per share
10.78USD/share
Evidence
6 annual | 20 quarterly

Business Profile

Checklist-driven facts extracted from filing text. Missing fields stay visible.

Business profile not generated.

Run python -m application.cli.business_profile run --market US --one WETH, then regenerate the site.

Known Unknowns

Medium | Share Count

Issue 000 does not yet evaluate share count trend or post-filing dilution beyond Mary's screening flags.

Low | Classification

U.S. Pilot rows are surfaced for source inspection and may still need manual business classification review.

Annual Financials

Latest annual periods, newest first. Missing cells render as n/a.

Metric
2025-12-31
10-K
USD
2024-12-31
10-K
USD
2023-12-31
10-K
USD
2022-12-31
10-K
USD
2021-12-31
10-K
USD
2020-12-31
10-K
USD
Revenue 14,202,012 14,939,818 39,705,939 37,923,112 40,687,624 31,345,951
Operating Income 9,966,327 9,317,407 12,650,284 11,414,669 12,624,522 11,880,908
Net Income 7,160,510 6,031,158 8,264,331 8,730,446 17,385,966 8,930,378
Cash From Operations 7,391,570 1,069,078 12,724,389 8,586,243 14,051,434 12,962,753
Capex -322,304 -271,830 -2,263,549 n/a n/a n/a
Free Cash Flow 7,069,266 797,248 10,460,840 n/a n/a n/a
Cash And Equivalents 118,363,448 103,760,324 98,040,554 51,250,505 46,163,704 23,963,861
Accounts Receivable 6,505,038 7,504,630 7,455,252 9,057,741 7,991,037 11,926,835
Inventory 45,202 112,327 222,102 423,276 244,381 402,050
Total Current Assets 126,103,304 114,139,861 106,781,535 62,182,142 56,845,016 36,597,808
Total Assets 140,637,048 128,019,463 119,641,398 73,105,752 68,678,318 47,063,699
Total Current Liabilities 3,243,571 2,951,192 6,342,417 4,014,608 3,241,675 2,276,711
Total Liabilities 3,243,571 3,433,798 6,720,788 4,271,565 4,370,310 2,709,917
Shareholders Equity 137,393,477 124,585,665 112,920,610 68,834,187 64,308,008 44,353,782
Shares Outstanding 11,931,534 11,931,534 9,732,948 33,604,965 31,811,523 31,500,693
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 11,931,534 11,681,063 9,375,105 36,875,349 32,653,163 28,985,246
Weighted Avg Shares Basic 11,931,534 11,630,358 9,285,815 32,410,223 31,811,523 28,774,886
Quarterly Financials

Latest quarterly periods, newest first. Periods are shown only when Data Vault has them.

Metric
2026-03-31
10-Q
USD
2025-12-31
10-K
USD
2025-09-30
10-Q
USD
2025-06-30
10-Q
USD
2025-03-31
10-Q
USD
2024-12-31
10-K
USD
2024-09-30
10-Q
USD
2024-06-30
10-Q
USD
2024-03-31
10-Q
USD
2023-12-31
10-K
USD
2023-09-30
10-Q
USD
2023-06-30
10-Q
USD
2023-03-31
10-Q
USD
2022-12-31
10-K
USD
2022-09-30
10-Q
USD
2022-06-30
10-Q
USD
2022-03-31
10-Q
USD
2021-12-31
10-K
USD
2021-09-30
10-Q
USD
2021-06-30
10-Q
USD
Revenue 5,312,144 1,401,154 3,807,820 4,004,529 4,988,509 961,303 4,108,778 4,366,951 5,502,786 2,374,441 11,123,605 12,774,432 13,433,461 2,552,613 11,623,018 11,752,934 11,994,547 3,671,008 11,165,980 15,234,712
Operating Income 5,086,344 -215,618 3,126,307 3,082,904 3,972,734 -195,797 3,482,901 3,725,399 2,304,904 -2,030,416 4,285,480 6,094,766 4,300,454 -808,116 4,738,333 4,054,039 3,430,413 -28,386 4,339,100 6,926,316
Net Income 3,866,306 -171,232 2,527,192 2,241,828 2,562,722 109,895 2,660,699 2,701,694 558,870 -2,060,869 2,858,968 4,672,983 2,793,249 -52,296 3,289,524 2,930,705 2,562,513 682,142 3,275,475 5,067,100
Cash From Operations 519,501 -1,095,749 3,810,919 2,636,672 2,039,728 1,814,115 4,590,870 3,881,637 -9,217,544 3,716,415 2,249,266 4,042,169 2,716,539 3,817,320 3,270,178 2,936,492 -1,437,747 1,035,991 1,862,008 -2,613,934
Capex n/a n/a n/a n/a n/a -152,626 -4,442 -3,473 -111,289 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Free Cash Flow n/a n/a n/a n/a n/a 1,661,489 4,586,428 3,878,164 -9,328,833 n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Cash And Equivalents 120,518,189 118,363,448 113,194,898 110,452,470 106,407,564 103,760,324 106,737,492 98,374,302 94,796,450 98,040,554 93,936,779 92,214,861 93,258,248 51,250,505 45,549,273 45,145,800 44,820,433 46,163,704 54,067,358 52,594,357
Total Current Assets 132,723,600 126,103,304 125,175,826 123,159,576 119,822,897 114,139,861 120,018,428 113,237,071 110,035,893 106,781,535 109,115,753 107,404,114 107,664,535 62,182,142 61,409,627 62,175,446 61,432,968 56,845,016 66,943,307 64,554,841
Total Liabilities 4,116,768 3,243,571 4,741,190 5,219,006 5,797,125 3,433,798 3,668,530 3,447,528 2,607,957 6,720,788 7,716,182 8,375,212 7,686,343 4,271,565 6,510,610 7,030,086 6,075,089 4,370,310 2,255,011 3,136,374
Shares Outstanding 11,931,534 11,931,534 11,931,534 11,931,534 11,931,534 11,931,534 11,931,534 11,931,534 11,931,534 9,732,948 9,732,948 193,904,965 193,604,965 33,604,965 33,345,541 32,039,035 31,811,523 31,811,523 31,811,523 31,811,523
Shares Outstanding Diluted n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a n/a
Weighted Avg Shares Diluted 11,931,534 11,931,534 11,931,534 11,931,534 11,931,534 11,681,063 11,982,239 11,982,239 13,392,999 9,375,105 9,794,357 195,586,979 162,059,750 36,875,349 34,384,816 32,692,664 32,653,163 32,653,163 32,653,163 32,653,163
Weighted Avg Shares Basic 11,931,534 11,931,534 11,931,534 11,931,534 11,931,534 11,630,358 11,931,534 11,931,534 13,342,294 9,285,815 9,712,404 193,654,416 159,827,187 32,410,223 32,464,182 32,078,536 31,811,523 31,811,523 31,811,523 31,811,523
Audit Trail

NCAV Audit

Official-source inputs remain linked to filing provenance. Derived values are labeled as such.

Input Value Source concept Filing period Confidence Provenance
Current Assets 132,723,600USD us-gaap:AssetsCurrent 2026-03-31 1.00 sec/companyfacts/cik=0001826660/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001826660\companyfacts.json
Total Liabilities 4,116,768USD us-gaap:Liabilities 2026-03-31 1.00 sec/companyfacts/cik=0001826660/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001826660\companyfacts.json
Cash 120,518,189USD us-gaap:CashAndCashEquivalentsAtCarryingValue 2026-03-31 1.00 sec/companyfacts/cik=0001826660/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001826660\companyfacts.json
Shares Outstanding 11,931,534 us-gaap:CommonStockSharesOutstanding 2026-03-31 1.00 sec/companyfacts/cik=0001826660/companyfacts.json
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001826660\companyfacts.json
NCAV 128,606,832USD derived 2026-03-31 n/a company-evidence-v1 | total_current_assets - total_liabilities
NCAV per share 10.78USD derived 2026-03-31 n/a company-evidence-v1 | NCAV / shares_outstanding
Margin of Safety 88.8% derived 2026-03-31 n/a gnni_publication_pack | internal_discount

NCAV = total_current_assets - total_liabilities | NCAV per share = NCAV / shares_outstanding

Source Provenance

Data Source
Data Vault
Data Vault Root
D:\Projects\The Data Vault
CIK
0001826660
Company ID
n/a
Selected Annual Source
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001826660\companyfacts.json
Selected Quarterly Source
D:\Projects\The Data Vault\objects\sec\companyfacts\cik=0001826660\companyfacts.json
Statement Extractor
companyfacts-screener-v1
View Extractor
companyfacts-screener-v1
Source Accession Count
21
Imported At
2026-07-04T23:04:42+00:00
Rendered At
2026-07-05T09:06:29+00:00

Run Audit

Mary Run
1ec055d81d1a42a39490a83bb9e1f22f
Mary As Of
2026-07-03
Accession
0001213900-26-057874
CIK
0001826660
Mary Filing Date
2026-05-15
Filing Currency
USD
Internal Discount
88.8%
Source State
Verified
Market Context
Not Displayed
Market Policy
internal_only_not_redistributed
Share Trend
Not Evaluated
Dilution
Needs Review

mary_run=1ec055d81d1a42a39490a83bb9e1f22f; mary_as_of=2026-07-03; mary_filing_date=2026-05-15; mary_accession=0001213900-26-057874; mary_cik=0001826660; gnni_supporting_filing_date=2026-05-15; internal_discount=0.887742; mary_reason=Mary's deterministic net-net screen flagged this candidate. The internal discount is shown; raw market-data fields are not published in this pilot.

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