Wetouch Technology Inc (WETH)
1.775
-0.02
(-1.11%)
USD |
NASDAQ |
Nov 22, 16:00
1.78
0.00 (0.00%)
After-Hours: 20:00
Wetouch Technology Profit Margin (Quarterly): 23.06% for Sept. 30, 2024
Profit Margin (Quarterly) Chart
Historical Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| September 30, 2024 | 23.06% |
| June 30, 2024 | 22.08% |
| March 31, 2024 | 3.76% |
| 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% |
| Date | Value |
|---|---|
| March 31, 2022 | 21.36% |
| 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
21.02%
Average
24.94%
Median
Jun 2022
Profit Margin (Quarterly) Benchmarks
| Sunrise Real Estate Group Inc | -80.93% |
| CoStar Group Inc | 7.65% |
| New Concept Energy Inc | -10.81% |
| InnSuites Hospitality Trust | -20.15% |
| Power REIT | -22.79% |
Profit Margin (Quarterly) Related Metrics
| Return on Equity | 3.23% |
| Return on Assets | 3.11% |
| Return on Invested Capital | 3.21% |
| Gross Profit Margin (Quarterly) | 38.45% |
| Operating Margin (Quarterly) | 30.19% |
| Return on Net Operating Assets | 3.12% |