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 Gross Profit Margin (Quarterly): 5.10% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 5.10% |
| September 30, 2023 | 42.95% |
| June 30, 2023 | 48.95% |
| March 31, 2023 | 44.95% |
| December 31, 2022 | -14.62% |
| September 30, 2022 | 43.55% |
| June 30, 2022 | 42.98% |
| March 31, 2022 | 35.94% |
| Date | Value |
|---|---|
| December 31, 2021 | 16.17% |
| September 30, 2021 | 42.95% |
| June 30, 2021 | 51.86% |
| March 31, 2021 | 47.99% |
| December 31, 2020 | 47.97% |
| September 30, 2020 | 51.98% |
| June 30, 2020 | 50.70% |
| March 31, 2020 | 46.63% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-14.62%
Minimum
Dec 2022
51.98%
Maximum
Sep 2020
37.88%
Average
44.25%
Median
Gross Profit Margin (Quarterly) Benchmarks
| ReAlpha Tech Corp | 10.66% |
| La Rosa Holdings Corp | 8.49% |
| Sunrise Real Estate Group Inc | 13.74% |
| Office Properties Income Trust | 87.04% |
| CoStar Group Inc | 78.49% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.04% |
| Return on Assets | 7.53% |
| Return on Invested Capital | 7.91% |
| Profit Margin (Quarterly) | -86.79% |
| Operating Margin (Quarterly) | -85.51% |
| Return on Net Operating Assets | 7.53% |