Wetouch Technology Inc
NASDAQ:WETH
Balance Sheet
Balance Sheet Decomposition
Wetouch Technology Inc
Wetouch Technology Inc
Balance Sheet
Wetouch Technology Inc
| Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | Dec-2024 | ||
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Cash & Cash Equivalents |
14
|
24
|
46
|
51
|
98
|
104
|
|
| Cash |
14
|
24
|
46
|
51
|
98
|
104
|
|
| Total Receivables |
16
|
12
|
8
|
9
|
8
|
8
|
|
| Accounts Receivables |
16
|
12
|
8
|
9
|
7
|
8
|
|
| Other Receivables |
0
|
0
|
0
|
0
|
0
|
1
|
|
| Inventory |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Other Current Assets |
0
|
0
|
2
|
1
|
1
|
2
|
|
| Total Current Assets |
31
|
37
|
57
|
62
|
107
|
114
|
|
| PP&E Net |
10
|
9
|
12
|
11
|
13
|
14
|
|
| PP&E Gross |
10
|
9
|
12
|
11
|
13
|
14
|
|
| Accumulated Depreciation |
5
|
7
|
0
|
0
|
0
|
0
|
|
| Intangible Assets |
1
|
1
|
0
|
0
|
0
|
0
|
|
| Other Long-Term Assets |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Total Assets |
42
N/A
|
47
+13%
|
69
+46%
|
73
+6%
|
120
+64%
|
128
+7%
|
|
| Liabilities | |||||||
| Accounts Payable |
1
|
1
|
1
|
1
|
1
|
1
|
|
| Accrued Liabilities |
1
|
0
|
0
|
1
|
2
|
1
|
|
| Short-Term Debt |
0
|
0
|
2
|
2
|
2
|
0
|
|
| Other Current Liabilities |
7
|
1
|
0
|
0
|
2
|
1
|
|
| Total Current Liabilities |
9
|
2
|
3
|
4
|
6
|
3
|
|
| Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Deferred Income Tax |
1
|
0
|
0
|
0
|
0
|
0
|
|
| Other Liabilities |
0
|
0
|
1
|
0
|
0
|
0
|
|
| Total Liabilities |
10
N/A
|
3
-73%
|
4
+61%
|
4
-2%
|
7
+57%
|
3
-49%
|
|
| Equity | |||||||
| Common Stock |
0
|
0
|
0
|
0
|
0
|
0
|
|
| Retained Earnings |
33
|
42
|
60
|
68
|
77
|
83
|
|
| Additional Paid In Capital |
0
|
1
|
2
|
3
|
44
|
53
|
|
| Other Equity |
2
|
1
|
2
|
3
|
7
|
11
|
|
| Total Equity |
32
N/A
|
44
+40%
|
64
+45%
|
69
+7%
|
113
+64%
|
125
+10%
|
|
| Total Liabilities & Equity |
42
N/A
|
47
+13%
|
69
+46%
|
73
+6%
|
120
+64%
|
128
+7%
|
|
| Shares Outstanding | |||||||
| Common Shares Outstanding |
31
|
31
|
2
|
2
|
10
|
12
|
|