Wetouch Technology
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Wetouch Technology generated cash of $12,724,389, which is more than the previous year. Cash used in financing activities reached the amount of $39,945,000 last year. Net change in cash is therefore $46,790,049.
Cash Flow
| 2019 | 10.16M | -5.00K | -13.52M |
|---|---|---|---|
| 2020 | 12.96M | 0 | -4.70M |
| 2021 | 14.05M | 6.16M | 1.86M |
| 2022 | 8.58M | 0 | -652.63K |
| 2023 | 12.72M | -2.26M | 39.94M |
WETH Cash Flow Statement (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Cash at beginning of period | 51.25M | 46.16M | 23.96M | 14.27M | 17.65M |
Operating activities | |||||
Net income | 8.26M | 8.73M | 17.38M | 8.93M | 13.71M |
| Adjustments to reconcile net income to cash generated by operating activities: | |||||
Depreciation and amortization | 9.40K | 9.89K | 119.02K | 1.05M | 1.03M |
Stock-based compensation expense | 0 | 0 | 3.14M | 1.06M | 0 |
| Deferred income tax benefit | 0 | 0 | 3.14M | 1.06M | 0 |
| Changes in operating assets and liabilities: | |||||
Accounts receivable, net | 1.43M | -1.49M | 4.99M | 4.91M | -2.33M |
Inventories | 187.53K | -197.45K | 190.49K | -241.43K | 10.58K |
Accounts payable | -704.69K | 0 | -167.18K | 40.74K | 0 |
Cash generated by operating activities | 12.72M | 8.58M | 14.05M | 12.96M | 10.16M |
Investing activities | |||||
Purchases Of Investments | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -2.26M | 0 | -11.69M | 0 | -5.00K |
Acquisitions Net | 0 | 0 | 17.85M | 0 | 0 |
Cash generated by investing activities | -2.26M | 0 | 6.16M | 0 | -5.00K |
Financing activities | |||||
Common Stock Issued | 40M | 0 | 0 | 0 | 0 |
Payments for dividends | 0 | 0 | 0 | 0 | 0 |
Repurchases of common stock | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | -55K | 0 | -1.86M | -4.70M | 0 |
Cash used in financing activities | 39.94M | -652.63K | 1.86M | -4.70M | -13.52M |
Net Change In Cash | 46.79M | 5.08M | 22.19M | 9.68M | -3.37M |
Cash at end of period | 98.04M | 51.25M | 46.16M | 23.96M | 14.27M |
| Data source | Data source | Data source | Data source |