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Cost of revenues
-$15,668,033
something is missing
$7,536,709
Income tax expense
-$1,740,322
Other segment items
-$1,522,735
Staff cost
-$661,537
Lease expense
-$298,390
Reversal of provision for
obsolete inventory
-$10,652
(57.86%↑ Y/Y)
Depreciation and
amortization expense
-$4,606
Net income
$3,866,306
(50.87%↑ Y/Y)
Income tax payable
$1,198,125
(-7.15%↓ Y/Y)
Accounts payable
$188,450
(-41.60%↓ Y/Y)
Amortization of operating
right-of-use assets
$157,410
(0.89%↑ Y/Y)
Prepaid expenses and
other current assets
-$75,316
(86.42%↑ Y/Y)
Amounts due to related
parties
$34,999
(-86.05%↓ Y/Y)
Inventories
-$20,719
(-349.96%↓ Y/Y)
Depreciation and
amortization
$9,020
Deferred tax assets, net
-$1,000
(-118.58%↓ Y/Y)
Allowance for credit loss
$12
(-99.97%↓ Y/Y)
Canceled cashflow
$23,576,678
Effect of changes of
foreign exchange rates...
$1,635,240
(169.17%↑ Y/Y)
Net cash provided by
operating activities
$519,501
(-74.53%↓ Y/Y)
Canceled cashflow
$5,031,856
Revenues
-$23,576,666
Allowance for credit
losses
$12
Net increase in cash
$2,154,741
(-18.60%↓ Y/Y)
Accounts receivable
$4,449,866
(25.52%↑ Y/Y)
something is missing
-$329,052
Operating lease
liabilities
-$159,050
(-5.07%↓ Y/Y)
Accrued expenses and
other current...
-$89,876
(-115.25%↓ Y/Y)
(reversal) of provision for
obsolete inventory
-$4,012
(84.13%↑ Y/Y)
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Cash Flow
Wetouch Technology Inc. (WETH)
Wetouch Technology Inc. (WETH)
source: myfinsight.com