Wetouch Technology Inc (WETH)
1.601
-0.12
(-7.03%)
USD |
NASDAQ |
May 03, 16:00
1.60
0.00 (0.00%)
After-Hours: 20:00
Wetouch Technology Profit Margin (Quarterly): -86.79% for Dec. 31, 2023
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | -86.79% |
September 30, 2023 | 25.70% |
June 30, 2023 | 36.58% |
March 31, 2023 | 20.79% |
December 31, 2022 | -2.05% |
September 30, 2022 | 28.30% |
June 30, 2022 | 24.94% |
March 31, 2022 | 21.36% |
Date | Value |
---|---|
December 31, 2021 | 18.58% |
September 30, 2021 | 29.33% |
June 30, 2021 | 33.26% |
March 31, 2021 | 78.05% |
December 31, 2020 | 8.91% |
September 30, 2020 | 39.70% |
June 30, 2020 | 37.93% |
March 31, 2020 | 35.89% |
Profit Margin Definition
Profit Margin is calculated using Net Income/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. An analyst looking at profit margin might look for a higher profit margin relative to other comparable companies as well as a profit margin that is growing.
Profit Margin (Quarterly) Range, Past 5 Years
-86.79%
Minimum
Dec 2023
78.05%
Maximum
Mar 2021
21.91%
Average
27.00%
Median
Profit Margin (Quarterly) Benchmarks
ReAlpha Tech Corp | -6.95K% |
La Rosa Holdings Corp | -53.17% |
Sunrise Real Estate Group Inc | -16.80% |
Office Properties Income Trust | -27.77% |
CoStar Group Inc | 1.02% |
Profit Margin (Quarterly) Related Metrics
Return on Equity | 8.04% |
Return on Assets | 7.53% |
Return on Invested Capital | 7.91% |
Gross Profit Margin (Quarterly) | 5.10% |
Operating Margin (Quarterly) | -85.51% |
Return on Net Operating Assets | 7.53% |