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ITP

ITP - IT Tech Packaging Inc Stock Price, Fair Value and News

0.24USD0.00 (0.00%)Delayed as of 17 Jul 2024, 12:31 pm ET

Market Summary

ITP
USD0.240.00
Delayedas of 17 Jul 2024, 12:31 pm
0.00%

ITP Stock Price

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ITP RSI Chart

ITP Valuation

Market Cap

2.4M

Price/Earnings (Trailing)

-0.22

Price/Sales (Trailing)

0.03

EV/EBITDA

0.09

Price/Free Cashflow

0.28

ITP Price/Sales (Trailing)

ITP Profitability

Operating Margin

-16.20%

EBT Margin

-16.85%

Return on Equity

-6.67%

Return on Assets

-5.69%

Free Cashflow Yield

359.53%

ITP Fundamentals

ITP Revenue

Revenue (TTM)

73.6M

Rev. Growth (Yr)

-65.32%

Rev. Growth (Qtr)

-67.26%

ITP Earnings

Earnings (TTM)

-11.0M

Earnings Growth (Yr)

-37.08%

Earnings Growth (Qtr)

5.96%

Breaking Down ITP Revenue

52 Week Range

0.25
(Low)(High)

Last 7 days

4.4%

Last 30 days

-4%

Last 90 days

9.1%

Trailing 12 Months

-45.4%

How does ITP drawdown profile look like?

ITP Financial Health

Current Ratio

1.22

Debt/Equity

0.02

Debt/Cashflow

2.68

ITP Investor Care

Diluted EPS (TTM)

-1.09

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
202473.6M000
2023104.7M102.9M87.0M86.5M
20220168.5M153.6M129.9M
2021116.4M136.6M148.3M160.9M
2020108.9M101.7M102.1M100.9M
2019102.3M102.8M109.0M117.6M
2018109.5M101.9M94.3M86.7M
2017134.1M115.6M116.7M117.0M
2015136.6M136.2M135.7M135.3M
2014107.9M126.0M133.7M137.0M
2013136.5M134.0M0125.7M
2012151.9M145.9M146.5M151.1M
2011130.8M134.0M148.1M150.7M
20100109.4M116.7M124.0M
2009000102.1M

Tracking the Latest Insider Buys and Sells of IT Tech Packaging Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 08, 2020
liu zhenyong
acquired
-
-
200,000
chief executive officer
May 23, 2019
liu zhenyong
sold
-330,813
1.02
-324,326
chief executive officer
May 23, 2019
hao jing
sold
-4,080
1.02
-4,000
chief financial officer

1–3 of 3

Which funds bought or sold ITP recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 15, 2024
CITADEL ADVISORS LLC
new
-
8,077
8,077
-%
May 15, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
unchanged
-
-1,871
9,750
-%
May 15, 2024
TWO SIGMA INVESTMENTS, LP
unchanged
-
-2,005
10,444
-%
May 15, 2024
MILLENNIUM MANAGEMENT LLC
added
152
4,220
8,004
-%
May 15, 2024
Federation des caisses Desjardins du Quebec
new
-
182
182
-%
May 13, 2024
RENAISSANCE TECHNOLOGIES LLC
reduced
-0.33
-1,000
8,000
-%
May 13, 2024
UBS Group AG
added
152
69.00
131
-%
May 10, 2024
GROUP ONE TRADING, L.P.
reduced
-16.03
-286
681
-%
May 07, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
18.21
-452
54,509
-%
May 01, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
-%

1–10 of 11

Are Funds Buying or Selling ITP?

Are funds buying ITP calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own ITP
No. of Funds

Unveiling IT Tech Packaging Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Jan 25, 2021
intracoastal capital, llc
4.7%
2,680,000
SC 13G

Recent SEC filings of IT Tech Packaging Inc

View All Filings
Date Filed Form Type Document
May 13, 2024
8-K
Current Report
May 10, 2024
10-Q
Quarterly Report

Peers (Alternatives to IT Tech Packaging Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
8.0B
2.2B
16.92% 28.61%
23.45
3.62
2.46% 4.30%
7.8B
7.0B
9.78% 23.75%
15.25
1.1
-21.48% -19.07%
SMALL-CAP
801.4M
2.1B
-5.30% 49.80%
7.93
0.39
-3.01% 90.04%
557.5M
2.0B
-0.95% -8.55%
-2.44
0.28
-8.42% -278.88%
71.5M
1.3B
-1.24% -52.40%
-0.78
0.05
-9.33% 7.69%
41.7M
1.1B
-16.33% -96.83%
-0.09
0.03
-0.20% -203.02%
2.4M
73.6M
-4.00% -45.45%
-0.22
0.03
-29.66% 34.35%

IT Tech Packaging Inc News

Latest updates
Quantisnow11 Jul 202407:47 pm
Defense World09 Jul 202406:10 am
Defense World09 Jul 202406:00 am
Defense World09 Jul 202406:00 am
InvestorPlace12 months ago

IT Tech Packaging Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-67.3%6,863,84120,964,59915,771,56030,019,91419,790,87721,372,71831,709,21431,788,88445,049,70745,087,67146,534,91524,209,42732,479,69433,357,45126,362,2738,743,85133,606,72932,937,91733,619,94817,450,29224,985,717
Cost Of Revenue-6,464,728---20,067,876----------------
Gross Profit59.5%399,113250,249-153,2231,179,858-276,9991,026,1262,783,588634,0374,335,9981,821,5363,029,0191,831,005745,3232,567,5512,558,829-169,7195,589,1235,374,7322,908,129-192,4662,240,944
  S&GA Expenses33.5%3,900,7832,921,9622,334,7461,323,4052,495,3621,517,4993,370,5411,869,8022,385,6962,019,5652,597,6112,555,3182,712,4342,390,9203,357,4722,696,9632,367,8402,024,5472,407,8592,981,4733,427,381
EBITDA Margin-53.5%0.030.070.100.100.100.080.110.100.110.070.080.090.11--------
Interest Expenses-3.0%210,290216,850247,818270,681249,169241,354256,678259,106280,232281,670283,899278,901281,920258,438241,436244,718195,341236,987238,771255,269308,850
Income Taxes3538.6%36,793-1,070-3,236351,260-11,871,870432,287-243,829595,960-71,3885,122,587-100,205-522,44026,348-79,441-526,325870,322772,90580,670-647,795-224,706
Earnings Before Taxes6.9%-3,709,743-3,985,079-1,978,604--2,733,165-35,993-1,455,031-----4,439,061-1,022,575-494,626-1,059,472-2,962,6123,026,0023,110,932530,740-3,370,390-5,389,146
EBT Margin-67.0%-0.17-0.10-0.07-0.05-0.05-0.040.010.010.01-0.05-0.05-0.06-0.05--------
Net Income6.0%-3,746,536-3,984,009-1,975,368-1,253,493-2,733,165-11,785,387-1,887,318-287,9134,155,0631,542,576-453,248-4,338,856-1,616,710-520,974-980,031-2,436,2872,155,6802,338,027450,070-2,722,595-5,164,440
Net Income Margin-29.5%-0.15-0.11-0.21-0.17-0.16-0.130.000.020.01-0.03-0.05-0.06-0.06--------
Free Cashflow-88.4%624,4205,376,972-1,898,603-4,333,9044,514,910436,0082,481,146-774,772-8,283,752-3,481,787-7,416,973-8,324,931-4,187,910--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets-1.1%193195189197207204215225239242237239241200193185182190231236195
  Current Assets5.8%30.0028.0041.0048.0051.0047.0048.0048.0049.0056.0062.0064.0061.0015.0030.0028.0022.0024.0021.0016.0015.00
    Cash Equivalents23.4%5.004.009.0012.0017.0010.0016.0014.0015.0011.0027.0030.0037.004.008.0013.0012.006.005.001.003.00
  Inventory-1.8%3.004.005.007.006.003.004.007.004.006.008.0012.007.001.009.006.002.002.007.006.004.00
  Net PPE-2.3%160164145142150152150161174127127139140145143142146152153160167
Liabilities7.2%28.0026.0019.0026.0026.0023.0024.0023.0025.0026.0029.0031.0037.0025.0024.0022.0021.0024.0070.0072.0027.00
  Current Liabilities14.7%25.0021.0012.0017.0018.0018.0018.0017.0020.0020.0019.0017.0020.0018.0017.0017.0014.0017.0061.0062.0020.00
  Long Term Debt-28.0%3.005.007.00--4.00---------------
    LT Debt, Current18.1%8.007.005.004.005.005.00---------------
    LT Debt, Non Current-28.0%3.005.007.00--4.00---------------
Shareholder's Equity-2.4%164168170171181181189202181181208207204175169163161166162164167
  Retained Earnings-4.5%80.0084.0088.00--94.00---------------
  Additional Paid-In Capital0%89.0089.0089.0089.0089.0089.0091.0089.0089.0089.0089.0089.0089.0054.0054.0054.0051.0051.0051.0051.0051.00
Shares Outstanding0%10.0010.0010.0010.0010.0010.0010.0010.0010.0010.0054.0047.0010.00--------
Float----4.00---11.00---44.00---14.00---12.00-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-88.4%6245,3771,7479374,8103,2883,481-4614,4114,0079,128-7,290-8,28013,774-3,487-1,0036,8602,9315,4112,240-3,052
  Share Based Compensation----48913.00-1,404-------15.00-------
Cashflow From Investing99.9%-9.03-13,027-3,646-5,270-295-2,709-865-148-7,175-12,290-12,609-126-44.60-17,954-1,590-224-756-1,417-1,427-3,605-1,415
Cashflow From Financing-82.5%4222,413-8262592,565-7,719166-2196,893-7,353-124-12241,794-186-32.32---54863.0079.00-5,366
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ITP Income Statement

2024-03-31
Condensed Consolidated Statements of Income and Comprehensive Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Revenues$ 6,863,841$ 19,790,877
Cost of sales(6,464,728)(20,067,876)
Gross Profit (Loss)399,113(276,999)
Selling, general and administrative expenses(3,900,783)(2,495,362)
Loss from Operations(3,501,670)(2,772,361)
Other Income (Expense):  
Interest income2,183136,268
Interest expense(210,290)(249,169)
Gain (Loss) on derivative liability34152,097
Loss before Income Taxes(3,709,743)(2,733,165)
Provision for Income Taxes(36,793)
Net Loss(3,746,536)(2,733,165)
Other Comprehensive (Loss) Income  
Foreign currency translation adjustment(301,619)2,502,756
Total Comprehensive Loss$ (4,048,155)$ (230,409)
Losses Per Share:  
Basic Losses per Share (in Dollars per share)$ (0.37)$ (0.27)
Outstanding – Basic (in Shares)10,065,92010,065,920

ITP Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2024
Dec. 31, 2023
Current Assets  
Cash and bank balances$ 4,514,020$ 3,918,938
Restricted cash903,540472,983
Accounts receivable (net of allowance for doubtful accounts of $48,697 and $11,745 as of March 31, 2024 and December 31, 2023, respectively)2,386,177575,526
Inventories3,492,3643,555,235
Prepayments and other current assets17,677,41718,981,290
Total current assets30,014,83228,357,901
Prepayment on property, plant and equipment
Operating lease right-of-use assets, net503,221528,648
Property, plant, and equipment, net160,205,120163,974,022
Value-added tax recoverable1,872,9311,883,078
Deferred tax asset non-current
Total Assets192,596,104194,743,649
Current Liabilities  
Short-term bank loans845,666423,567
Current portion of long-term loans8,116,9846,874,497
Lease liability102,154100,484
Accounts payable241,7794,991
Advance from customers110,787136,167
Notes payable246,501
Accrued payroll and employee benefits310,687237,842
Other payables and accrued liabilities13,869,09512,912,517
Total current liabilities24,573,74821,418,934
Long-term loans3,241,7204,503,932
Lease liability - non-current491,908483,866
Derivative liability2054
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $21,648,803 and $20,084,995 as of March 31, 2024 and December 31, 2023, respectively)28,307,39626,406,786
Commitments and Contingencies
Stockholders’ Equity  
Common stock, 50,000,000 shares authorized, $0.001 par value per share, 10,065,920 shares issued and outstanding as of March 31, 2024 and December, 31, 2023.10,06610,066
Additional paid-in capital89,172,77189,172,771
Statutory earnings reserve6,080,5746,080,574
Accumulated other comprehensive loss(10,857,153)(10,555,534)
Retained earnings79,882,45083,628,986
Total stockholders’ equity164,288,708168,336,863
Total Liabilities and Stockholders’ Equity192,596,104194,743,649
Related Party  
Current Assets  
Due from related parties1,041,314853,929
Current Liabilities  
Due to related parties$ 730,095$ 728,869
ITP
IT Tech Packaging, Inc., through its subsidiaries, engages in the production and distribution of paper products in the People's Republic of China. It offers corrugating medium papers to companies making corrugating cardboards; and offset printing papers to printing companies. The company also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Dongfang Paper brand. In addition, it produces and sells non-medical single-use face masks, and medical face masks. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc. in August 2018. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the People's' Republic of China.
 CEO
 WEBSITEitpackaging.cn
 INDUSTRYWood and Paper
 EMPLOYEES380

IT Tech Packaging Inc Frequently Asked Questions


What is the ticker symbol for IT Tech Packaging Inc? What does ITP stand for in stocks?

ITP is the stock ticker symbol of IT Tech Packaging Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IT Tech Packaging Inc (ITP)?

As of Tue Jul 16 2024, market cap of IT Tech Packaging Inc is 2.42 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of ITP stock?

You can check ITP's fair value in chart for subscribers.

What is the fair value of ITP stock?

You can check ITP's fair value in chart for subscribers. The fair value of IT Tech Packaging Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IT Tech Packaging Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for ITP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IT Tech Packaging Inc a good stock to buy?

The fair value guage provides a quick view whether ITP is over valued or under valued. Whether IT Tech Packaging Inc is cheap or expensive depends on the assumptions which impact IT Tech Packaging Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for ITP.

What is IT Tech Packaging Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue Jul 16 2024, ITP's PE ratio (Price to Earnings) is -0.22 and Price to Sales (PS) ratio is 0.03. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. ITP PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on IT Tech Packaging Inc's stock?

In the past 10 years, IT Tech Packaging Inc has provided -0.367 (multiply by 100 for percentage) rate of return.