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Wetouch Technology Inc. (WETH) SEC Filing 10-K Annual report for the fiscal year ending Thursday, December 31, 2020

Wetouch Technology Inc.

CIK: 1826660 Ticker: WETH
Document and Entity Information - USD ($)
12 Months Ended
Dec. 31, 2020
Mar. 23, 2021
Jun. 30, 2020
Cover [Abstract]   
Entity Registrant NameWetouch Technology Inc.  
Entity Central Index Key0001826660  
Document Type10-K  
Document Period End DateDec. 31, 2020  
Amendment Flagfalse  
Current Fiscal Year End Date--12-31  
Entity Well-known Seasoned IssuerNo  
Entity Voluntary FilersNo  
Entity Current Reporting StatusYes  
Entity Interactive Data CurrentYes  
Entity Filer CategoryNon-accelerated Filer  
Entity Small Businesstrue  
Entity Emerging Growth Companyfalse  
ICFR Auditor Attestation Flagfalse  
Entity Shell Companyfalse  
Entity Public Float  $ 0
Entity Common Stock, Shares Outstanding 31,811,523 
Document Fiscal Period FocusFY  
Document Fiscal Year Focus2020  

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Wetouch Technology Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2021 10-K Annual Report includes:

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Financial Statements, Disclosures and Schedules

Inside this 10-K Annual Report

Document And Entity Information
Consolidated Balance Sheets
Consolidated Balance Sheets (Parenthetical)
Consolidated Statements Of Cash Flows
Consolidated Statements Of Changes In Stockholders' Equity
Consolidated Statements Of Income And Comprehensive Income
Accounts Receivable
Accounts Receivable (Details Narrative)
Accounts Receivable (Tables)
Accounts Receivable - Schedule Of Accounts Receivable (Details)
Accrued Expenses And Other Current Liabilities
Accrued Expenses And Other Current Liabilities (Tables)
Accrued Expenses And Other Current Liabilities - Schedule Of Accrued Expenses And Other Current Liabilities (Details)
Accrued Expenses And Other Current Liabilities - Schedule Of Accrued Expenses And Other Current Liabilities (Details) (Parenthetical)
Business Description
Business Description (Details Narrative)
Commitments And Contingencies
Commitments And Contingencies (Details Narrative)
Deferred Grants
Deferred Grants (Details Narrative) (Hong Kong Wetouch Electronics Technology Limited)
Deferred Grants (Tables)
Deferred Grants - Schedule Of Remaining Deferred Grants (Details)
Income Taxes
Income Taxes (Details Narrative)
Income Taxes (Tables)
Income Taxes - Schedule Of Components Of The Income Tax Provision (Benefit) (Details)
Income Taxes - Schedule Of Income Tax Rate (Details)
Intangible Assets, Net
Intangible Assets, Net (Details Narrative)
Intangible Assets, Net (Tables)
Intangible Assets, Net - Schedule Of Intangible Assets (Details)
Intangible Assets, Net - Schedule Of Intangible Assets Amortization Expense (Details)
Property, Plant And Equipment, Net
Property, Plant And Equipment, Net (Details Narrative)
Property, Plant And Equipment, Net (Tables)
Property, Plant And Equipment, Net - Schedule Of Property, Plant And Equipment (Details)
Related Party Transactions
Related Party Transactions (Details Narrative)
Related Party Transactions (Tables)
Related Party Transactions - Schedule Of Related Party Transactions (Details)
Related Party Transactions - Schedule Of Related Party Transactions (Details) (Parenthetical)
Revenues
Revenues (Tables)
Revenues - Schedule Of Geographical Revenue Information (Details)
Risks And Uncertainties
Risks And Uncertainties (Details Narrative)
Share Based Compensation
Share Based Compensation (Details Narrative)
Shareholders' Equity
Shareholders' Equity (Details Narrative)
Subsequent Event
Subsequent Event (Details Narrative)
Summary Of Significant Accounting Policies
Summary Of Significant Accounting Policies (Details Narrative)
Summary Of Significant Accounting Policies (Policies)
Summary Of Significant Accounting Policies (Tables)
Summary Of Significant Accounting Policies - Schedule Of Currency Exchange Rates (Details)
Summary Of Significant Accounting Policies - Schedule Of Estimated Useful Life Of Property Plant And Equipment (Details)
Summary Of Significant Accounting Policies - Schedule Of Finite Lived Intangible Assets (Details)
Weighted Average Number Of Shares
Ticker: WETH
CIK: 1826660
Form Type: 10-K Annual Report
Accession Number: 0001493152-21-006657
Submitted to the SEC: Tue Mar 23 2021 5:44:55 PM EST
Accepted by the SEC: Wed Mar 24 2021
Period: Thursday, December 31, 2020
Industry: Computer Peripheral Equipment

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