On this page of Benford's Law Stocks.com we present our study of Wetouch Technology Inc. — ticker symbol WETH. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 4/16/2024 to 6/14/2024 for Wetouch Technology Inc. under CIK number 0001826660. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for WETH, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for Wetouch Technology Inc. based on the past WETH filings our system processed in the past.
31.0
14.0
13.2
8.3
10.3
6.3
6.3
5.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing ]
Total numbers found: 507
Recent share count: 11,931,534 (1's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
507
Normal-to-low count compared to other filers, above the bottom quartile. At this number count, it would take about 5 numbers to move any given column by a full percentage point.
98

Starting from a possible score of 100, we made the following score deductions:
 • The 5's percentage was higher than the 4's percentage, increasing the penalty multiplier.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 5's percentage was above the typical coverage universe range.
Benford's Law Stocks Indicator
WETH
High score compared to other filers, with WETH falling in the highest 10% of filers.
AONC
ALBT
TVGN
AGO
BFRI
CWD
HWNI
CCLD
Check our work! We provide our Wetouch Technology Inc. Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the WETH filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 157 numbers that start with the digit 1. Here they are:
11,931,534
10,937,840
184,743
1,063,627
110,035,893
106,781,535
12,753,915
12,859,863
123,147,198
119,641,398
1,239,126
15,000,000
11,931,534
11,932
120,539,241
112,920,610
123,147,198
119,641,398
14,877,259
13,433,461
11,539,301
1,666,756
1,033,054
1,738,346
1,169,974
1,084,186
101,806
1,220,718
1,405,399
1,929,993
1,371,123
13,342,294
13,392,999
1,680,248
1,680
110,946,460
112,920,610
1,929,993
1,929,993
11,931,534
11,932
120,539,241
1,076
1,344
1,383,069
1,176,473
111,289
111,289
1,400,750
1,421,411
1,186,210
1,810,246
1,400,000
140
1,569,820
100
100
10,937,840
1,063,627
131,010
1.35
11,928
12,130
12,722,820
12,825,896
12,779,179
12,883,211
12,753,915
12,859,863
115.2
16.0
16.5
191,727
182,277
1,200,000
1,370,972
134,792
128,517
106,824
143,035
1.2
1.35
10,627
1,497
10,627
1,497
1,793,000
162,000
16
15,000,000
15.0
10
105
1,200,000
1,038,426
1,400,750
1,186,210
1,169,974
10,000
125
14,233
1,251
1,938
1,242
15,000,000
15,541
11,931,534
10.8
1,810,246
10,518
11
15,541
15,541
12
14.6
13.4
11.1
15.7
15.0
14.2
12.2
17.4
1,318,604
185,721
1
140,847
128,000
18,028
1,318,604
185,721
1.7
11.8
1.7
103,232
14,540
15.0
12.0
12.0
1.7
103,232
14,540
17,467,042
17,547,197
157,714
137,142.7
137,143
1,656,480
1,656,480
10,627
1,497
10,627
1,497
1,911,297
135,150
115,458
14,877,259
13,433,461
We found 71 numbers that start with the digit 2. Here they are:
222,102
2,237,407
2,607,957
20,885
2,304,904
29,195
2,793,249
2,112,273
2,977,524
2,793,249
2,793,249
2,160,000
2,160
2,725
2,793,249
2,316
2,433
254,727
2,716,539
22,330
28,000,000
2,800
2,138,482
2,138,482
25,264
23,348
2,316
2,433
21
25
25
25.4
240,805
288,704
2,587,825
2,250,000
25,000
2,586,960
25
22,338
2,725
2,162
26,264
25,801
2,857
25,000
22,338
2,160,000
2,160,000
22.4
20.4
22.3
27.7
220,000
250,470
20
22,905,807
22,905,807
250,470
2.1
250,000
2,460,181
2,471,471
250,000
22,213
20,571
20,000
233,310
233,310
2,119,140
2,172,475
We found 67 numbers that start with the digit 3. Here they are:
357,390
385,694
3,992,905
370,550
378,371
3,337,958
31,347
33,399
35
35
3,402,178
39,992,000
3,658,500
35,861
36
36
3
3
3,622,872
32,939
3,429,690
307,380
3,354,627
35,000
3,244,104
38,586
31,396,394
329,269
334,852
3,925,233
393,000
3.1
357,390
3.45
3,878
3,944
300,000
33.5
330,180
3,992,905
365,465
3.1
316,378
324,501
324,501
33,399
378,371
370,550
31,554
31,554
35,861
370,370.37
30,986
338,418
338,418
35,278
3.2
3.2
35,278
35,211
35,211
3,021,294
3,021,294
324,501
315,245
324,501
3,195,161
4's 5's 6's
We found 42 numbers that start with the digit 4. Here they are:
4,116,860
469,591
43,514,125
459,792
42,738
4,300,454
46,620
4,198,648
40,000,000
43,394,178
43,514,125
4,004,967
40,000,000
40,051,735
42,007,743
4,116,860
40,553
41,241
41,549
400,000
45,828
45,705
45,705
4.9
43,113
41,862
41,639
40,874
463
40,000,000
40
4,307
43.5
42.4
47,665
47,665
425,540
425,540
45,705
44,104
45,705
4,145,895
We found 52 numbers that start with the digit 5. Here they are:
566,171
52,501,680
50,705
530,524
558,870
558,870
558,870
52,501,680
558,870
5,715
51,250,505
543,638
537,998
54,430
53,865
5,750
543,638
54,430
55,399
5.0
5,715
567.0
5.03
567.0
5.03
567.0
5.03
567.0
5.03
567.0
5.03
567.0
5.03
5,181
5,777
5,599
5.00
5.00
5.00
5,181
5,181
51.3
500,000
5.0
55.0
55
55
5.8
5.8
5.8
5.0
5,502,786
We found 32 numbers that start with the digit 6. Here they are:
640,795
658,931
626,611
6,342,417
6,720,788
69,477,092
6,038,800
661,848
680,976
6,040,961
62,366,892
68,834,187
680,976
680,976
6,040,961
65,160,141
69,477,092
6,941
64,222
661,848
64,802
626,611
69,228
6,941
69,221
6,211
69,228
6,211
60.0
6.0
6.0
6.0
7's 8's 9's
We found 32 numbers that start with the digit 7. Here they are:
7,455,252
7,195,092
7,195,092
70,035,962
7,275,432
7,394,661
7,821
7,991,359
7,195,092
7,275,432
7,195,092
70,035,962
7,821
702,052
7,506,140
760,531
7,455,252
72,110
70,000
70,000
70,000
7
70
765
70,463
7,821
75.0
7
7.7
7.7
7.7
7
We found 27 numbers that start with the digit 8. Here they are:
8,102,988
8,000,000
8,000
8,987,594
8,989,754
8,989,754
82,864
86,735
87,493
855,000
855,000
855,000
82,874
84,280
88,701
8.0
8
8,000,000
8.5
8.61
8
8
8
8
8
8
8
We found 27 numbers that start with the digit 9. Here they are:
94,796,450
98,040,554
9,732,948
9,733
9,205,425
97,602
9,680,248
9,680
9,732,948
9,733
9,205,425
97,602
9,217,544
98,040,554
94,796,450
93,258,248
955,000
90.0
90,000
98,375
96,213
98,517
96,579
98.8
99.6
9,374,473
9,287,566
While the above WETH 10Q Filed 6/14/2024 is interesting in isolation, we have found that it is also useful to take a look at older Wetouch Technology Inc. filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 6/14/2024 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical WETH 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

31.0
14.0
13.2
8.3
10.3
6.3
6.3
5.3
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 507

= Typical WETH range from 4/16/2024 to 6/14/2024
33.0
13.8
11.4
7.6
9.0
8.1
4.8
7.1
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 80
XBRL?   [ original filing ]
Total numbers found: 603

= Typical WETH range from 4/16/2024 to 6/14/2024
 

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