Wetouch Technology Inc
NASDAQ:WETH
Gross Margin
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Gross Margin shows how much money a company keeps from each dollar of sales after paying for the products it sells. It tells how profitable the company`s core business is before other expenses.
Peer Comparison
| Country | Company | Market Cap |
Gross Margin |
||
|---|---|---|---|---|---|
| CN |
W
|
Wetouch Technology Inc
NASDAQ:WETH
|
17.4m |
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|
|
| US |
|
Genuine Parts Co
NYSE:GPC
|
20.6B USD |
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|
|
| BE |
|
D'Ieteren Group NV
XBRU:DIE
|
10.1B EUR |
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|
|
| US |
|
Pool Corp
NASDAQ:POOL
|
9.9B USD |
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|
|
| US |
|
LKQ Corp
NASDAQ:LKQ
|
8.8B USD |
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|
|
| ZA |
C
|
CA Sales Holdings Ltd
JSE:CAA
|
7.1B ZAR |
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|
|
| CN |
|
Wuchan Zhongda Group Co Ltd
SSE:600704
|
29.4B CNY |
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|
|
| UK |
|
Inchcape PLC
LSE:INCH
|
3.1B GBP |
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|
|
| HK |
C
|
China Tobacco International HK Co Ltd
HKEX:6055
|
27.4B HKD |
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|
|
| CN |
|
Zhejiang Orient Financial Holdings Group Co Ltd
SSE:600120
|
21.7B CNY |
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|
|
| CN |
X
|
Xinhua Winshare Publishing and Media Co Ltd
SSE:601811
|
18.6B CNY |
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|
Market Distribution
| Min | -2 148% |
| 30th Percentile | 14.3% |
| Median | 23% |
| 70th Percentile | 34.6% |
| Max | 775.2% |
Other Profitability Ratios
Wetouch Technology Inc
Glance View
Wetouch Technology, Inc. engages in provision of consulting services. The company is headquartered in Meishan, Sichuan. The company went IPO on 2001-07-11. The firm's main businesses are the research, development, manufacturing, sales and service of large and medium-sized touch screens. The firm's main products are capacitive touch screens ranging from 7.0 inches to 42 inches. The firm's products are mainly used in financial terminals, automobiles, game consoles, medical and other fields.
See Also
Gross Margin is calculated by dividing the Gross Profit by the Revenue.
The current Gross Margin for Wetouch Technology Inc is 35.4%, which is below its 3-year median of 36.7%.
Over the last 2 years, Wetouch Technology Inc’s Gross Margin has decreased from 42% to 35.4%. During this period, it reached a low of 31.1% on Sep 30, 2024 and a high of 43.3% on Dec 31, 2023.
