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Net income
$2,164,401
(-3.45%↓ Y/Y)
Accounts receivable
-$1,856,786
(-276.76%↓ Y/Y)
Share-based compensation
expenses
$1,032,000
Amortization of operating
right-of-use assets
$160,686
(5.55%↑ Y/Y)
Accrued expenses and
other current...
$112,775
(172.18%↑ Y/Y)
Amounts due to related
parties
$101,295
(-58.22%↓ Y/Y)
Prepaid expenses and
other current assets
-$20,116
(94.31%↑ Y/Y)
(reversal) of provision for
obsolete inventory
$20,095
(130.46%↑ Y/Y)
Depreciation and
amortization
$17,931
Inventories
-$180
(99.74%↑ Y/Y)
Net cash provided by
operating activities
$4,948,877
(87.69%↑ Y/Y)
Effect of changes of
foreign exchange rates...
$2,049,448
(45.53%↑ Y/Y)
Canceled cashflow
$537,388
Net increase in cash
$6,998,325
(73.02%↑ Y/Y)
Income tax payable
-$278,881
(35.78%↑ Y/Y)
Operating lease
liabilities
-$161,805
(-6.30%↓ Y/Y)
Accounts payable
-$91,340
(26.96%↑ Y/Y)
Deferred tax assets, net
$4,910
(129.84%↑ Y/Y)
Allowance for credit loss
-$452
(-401.33%↓ Y/Y)
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Cash Flow
Wetouch Technology Inc. (WETH)
Wetouch Technology Inc. (WETH)
source: myfinsight.com