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Side-by-side financial comparison of SYNTEC OPTICS HOLDINGS, INC. (OPTX) and Wetouch Technology Inc. (WETH). Click either name above to swap in a different company.

SYNTEC OPTICS HOLDINGS, INC. is the larger business by last-quarter revenue ($7.5M vs $3.8M, roughly 2.0× Wetouch Technology Inc.). Wetouch Technology Inc. runs the higher net margin — 66.4% vs -4.6%, a 70.9% gap on every dollar of revenue. On growth, SYNTEC OPTICS HOLDINGS, INC. posted the faster year-over-year revenue change (2.5% vs -7.3%). Over the past eight quarters, SYNTEC OPTICS HOLDINGS, INC.'s revenue compounded faster (9.5% CAGR vs -41.5%).

Wetouch Technology Inc. is a global provider of advanced touch panel solutions, specializing in capacitive touchscreens, custom touch modules and interactive display components. It serves core markets including consumer electronics, automotive, industrial control, and smart home sectors, supplying tailored hardware products to leading global brand partners.

OPTX vs WETH — Head-to-Head

Bigger by revenue
OPTX
OPTX
2.0× larger
OPTX
$7.5M
$3.8M
WETH
Growing faster (revenue YoY)
OPTX
OPTX
+9.8% gap
OPTX
2.5%
-7.3%
WETH
Higher net margin
WETH
WETH
70.9% more per $
WETH
66.4%
-4.6%
OPTX
Faster 2-yr revenue CAGR
OPTX
OPTX
Annualised
OPTX
9.5%
-41.5%
WETH

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
OPTX
OPTX
WETH
WETH
Revenue
$7.5M
$3.8M
Net Profit
$-343.8K
$2.5M
Gross Margin
23.6%
Operating Margin
4.2%
82.1%
Net Margin
-4.6%
66.4%
Revenue YoY
2.5%
-7.3%
Net Profit YoY
77.7%
-5.0%
EPS (diluted)
$-0.01
$0.21

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
OPTX
OPTX
WETH
WETH
Q4 25
$7.5M
Q3 25
$7.0M
$3.8M
Q2 25
$6.6M
$4.0M
Q1 25
$7.1M
$5.0M
Q4 24
$7.3M
Q3 24
$7.9M
$4.1M
Q2 24
$7.0M
$4.4M
Q1 24
$6.3M
$5.5M
Net Profit
OPTX
OPTX
WETH
WETH
Q4 25
$-343.8K
Q3 25
$-1.4M
$2.5M
Q2 25
$-343.9K
$2.2M
Q1 25
$323.7K
$2.6M
Q4 24
$-1.5M
Q3 24
$-13.3K
$2.7M
Q2 24
$281.8K
$2.7M
Q1 24
$-1.2M
$558.9K
Gross Margin
OPTX
OPTX
WETH
WETH
Q4 25
23.6%
Q3 25
12.3%
Q2 25
24.4%
Q1 25
32.7%
Q4 24
13.5%
Q3 24
23.3%
Q2 24
31.0%
Q1 24
11.3%
60.7%
Operating Margin
OPTX
OPTX
WETH
WETH
Q4 25
4.2%
Q3 25
-17.5%
82.1%
Q2 25
-2.2%
77.0%
Q1 25
7.5%
79.6%
Q4 24
-19.6%
Q3 24
1.4%
84.8%
Q2 24
2.3%
85.3%
Q1 24
-22.5%
41.9%
Net Margin
OPTX
OPTX
WETH
WETH
Q4 25
-4.6%
Q3 25
-20.6%
66.4%
Q2 25
-5.2%
56.0%
Q1 25
4.6%
51.4%
Q4 24
-21.0%
Q3 24
-0.2%
64.8%
Q2 24
4.0%
61.9%
Q1 24
-19.3%
10.2%
EPS (diluted)
OPTX
OPTX
WETH
WETH
Q4 25
$-0.01
Q3 25
$-0.04
$0.21
Q2 25
$-0.01
$0.19
Q1 25
$0.01
$0.21
Q4 24
$-0.05
Q3 24
$0.00
$0.22
Q2 24
$0.01
$0.23
Q1 24
$-0.03
$0.04

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
OPTX
OPTX
WETH
WETH
Cash + ST InvestmentsLiquidity on hand
$113.2M
Total DebtLower is stronger
$2.6M
Stockholders' EquityBook value
$9.5M
$135.2M
Total Assets
$24.3M
$139.9M
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
OPTX
OPTX
WETH
WETH
Q4 25
Q3 25
$113.2M
Q2 25
$110.5M
Q1 25
$106.4M
Q4 24
Q3 24
$106.7M
Q2 24
$98.4M
Q1 24
$94.8M
Total Debt
OPTX
OPTX
WETH
WETH
Q4 25
$2.6M
Q3 25
$2.7M
Q2 25
$2.9M
Q1 25
$3.0M
Q4 24
$3.1M
Q3 24
$3.2M
Q2 24
$2.8M
Q1 24
$3.0M
Stockholders' Equity
OPTX
OPTX
WETH
WETH
Q4 25
$9.5M
Q3 25
$9.8M
$135.2M
Q2 25
$11.0M
$131.8M
Q1 25
$11.4M
$127.9M
Q4 24
$11.0M
Q3 24
$12.1M
$129.5M
Q2 24
$12.1M
$122.5M
Q1 24
$11.9M
$120.5M
Total Assets
OPTX
OPTX
WETH
WETH
Q4 25
$24.3M
Q3 25
$24.6M
$139.9M
Q2 25
$25.3M
$137.0M
Q1 25
$26.3M
$133.7M
Q4 24
$26.0M
Q3 24
$27.3M
$133.1M
Q2 24
$25.8M
$125.9M
Q1 24
$24.6M
$123.1M
Debt / Equity
OPTX
OPTX
WETH
WETH
Q4 25
0.28×
Q3 25
0.28×
Q2 25
0.26×
Q1 25
0.26×
Q4 24
0.28×
Q3 24
0.26×
Q2 24
0.23×
Q1 24
0.25×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
OPTX
OPTX
WETH
WETH
Operating Cash FlowLast quarter
$-3.9K
$3.8M
Free Cash FlowOCF − Capex
$-4.4K
FCF MarginFCF / Revenue
-0.1%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
1.51×
TTM Free Cash FlowTrailing 4 quarters
$28.3K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
OPTX
OPTX
WETH
WETH
Q4 25
$-3.9K
Q3 25
$535.3K
$3.8M
Q2 25
$-158.0K
$2.6M
Q1 25
$299.3K
$2.0M
Q4 24
$623.8K
Q3 24
$417.3K
$4.6M
Q2 24
$-1.7M
$3.9M
Q1 24
$-289.8K
$-9.2M
Free Cash Flow
OPTX
OPTX
WETH
WETH
Q4 25
$-4.4K
Q3 25
$496.3K
Q2 25
$-548.1K
Q1 25
$84.6K
Q4 24
$12.1K
Q3 24
$43.8K
$4.6M
Q2 24
$-1.9M
$3.9M
Q1 24
$-385.1K
$-9.3M
FCF Margin
OPTX
OPTX
WETH
WETH
Q4 25
-0.1%
Q3 25
7.1%
Q2 25
-8.4%
Q1 25
1.2%
Q4 24
0.2%
Q3 24
0.6%
111.6%
Q2 24
-26.5%
88.8%
Q1 24
-6.2%
-169.5%
Capex Intensity
OPTX
OPTX
WETH
WETH
Q4 25
0.0%
Q3 25
0.6%
Q2 25
5.9%
Q1 25
3.0%
Q4 24
8.4%
Q3 24
4.7%
0.1%
Q2 24
2.3%
0.1%
Q1 24
1.5%
2.0%
Cash Conversion
OPTX
OPTX
WETH
WETH
Q4 25
Q3 25
1.51×
Q2 25
1.18×
Q1 25
0.92×
0.80×
Q4 24
Q3 24
1.73×
Q2 24
-6.01×
1.44×
Q1 24
-16.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

OPTX
OPTX

Segment breakdown not available.

WETH
WETH

CN$2.0M53%
Other$1.8M47%

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