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ITP

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

0.26USD0.00 (0.00%)Delayed as of 28 Mar 2024, 10:41 am ET

Market Summary

ITP
USD0.260.00
Delayedas of 28 Mar 2024, 10:41 am
0.00%

ITP Stock Price

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ITP RSI Chart

ITP Valuation

Market Cap

2.8M

Price/Earnings (Trailing)

-0.28

Price/Sales (Trailing)

0.03

EV/EBITDA

0.64

Price/Free Cashflow

3.49

ITP Price/Sales (Trailing)

ITP Profitability

EBT Margin

-8.46%

Return on Equity

-5.91%

Return on Assets

-5.11%

Free Cashflow Yield

28.64%

ITP Fundamentals

ITP Revenue

Revenue (TTM)

88.1M

Rev. Growth (Yr)

-1.91%

Rev. Growth (Qtr)

32.93%

ITP Earnings

Earnings (TTM)

-9.9M

Earnings Growth (Yr)

66.54%

Earnings Growth (Qtr)

-101.68%

Breaking Down ITP Revenue

52 Week Range

0.27
(Low)(High)

Last 30 days

-6.7%

Last 90 days

-9.7%

Trailing 12 Months

-40.4%

How does ITP drawdown profile look like?

ITP Financial Health

Current Ratio

1.32

Debt/Equity

0.04

Debt/Cashflow

1.96

ITP Investor Care

Diluted EPS (TTM)

-0.99

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20230114.9M98.9M88.1M
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
Feb 14, 2024
BRIDGEWAY CAPITAL MANAGEMENT, LLC
unchanged
-
-3,079
11,621
-%
Feb 14, 2024
TWO SIGMA INVESTMENTS, LP
unchanged
-
-3,298
12,449
-%
Feb 14, 2024
MILLENNIUM MANAGEMENT LLC
new
-
3,784
3,784
-%
Feb 14, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
added
35.06
3,487
54,961
-%
Feb 14, 2024
GROUP ONE TRADING, L.P.
reduced
-2.32
-285
967
-%
Feb 13, 2024
RENAISSANCE TECHNOLOGIES LLC
added
0.67
-3,000
9,000
-%
Feb 09, 2024
UBS Group AG
added
222
38.00
62.00
-%
Feb 07, 2024
CONCOURSE FINANCIAL GROUP SECURITIES, INC.
sold off
-
-
-
-%
Jul 28, 2021
Hoover Financial Advisors, Inc.
unchanged
-
-
-
-%

1–10 of 10

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
Mar 27, 2024
10-K
Annual Report
Mar 04, 2024
8-K
Current Report

Peers (Alternatives to IT Tech Packaging Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
MID-CAP
8.6B
2.2B
4.16% 90.13%
24.34
3.89
4.62% 5.99%
7.5B
7.2B
0.42% 46.08%
14.59
1.04
-25.02% -25.75%
SMALL-CAP
723.8M
2.1B
20.55% 15.76%
6.72
0.35
0.13% 134.13%
673.2M
2.0B
16.83% -11.48%
-2.78
0.34
-12.59% -197.98%
85.8M
1.4B
-19.63% -35.06%
-1.09
0.06
-7.10% 59.29%
30.5M
1.1B
33.33% -98.54%
-0.09
0.03
-0.20% -203.02%
2.8M
88.1M
-6.67% -40.43%
-0.28
0.03
-32.17% 39.98%

IT Tech Packaging Inc News

Latest updates
MSN5 hours ago
Defense World12 Mar 202407:00 am
CNN12 Feb 202404:03 pm
InvestorPlace8 months ago

IT Tech Packaging Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
Income Statement (Quarterly)
Description(%) Q/Q2023Q42023Q32023Q22022Q42022Q32022Q22021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue32.9%20,964,59915,771,56030,019,91421,372,71831,709,21431,788,88445,049,70745,087,67146,534,91524,209,42732,479,69433,357,45126,362,2738,743,85133,606,72932,937,91733,619,94817,450,29224,985,71726,723,65733,149,190
Gross Profit263.3%250,249-153,2231,179,8581,026,1262,783,588634,0374,335,9981,821,5363,029,0191,831,005745,3232,567,5512,558,829-169,7195,589,1235,374,7322,908,129-192,4662,240,9441,259,3433,015,422
  S&GA Expenses25.2%2,921,9622,334,7461,323,4051,517,4993,370,5411,869,8022,385,6962,019,5652,597,6112,555,3182,712,4342,390,9203,357,4722,696,9632,367,8402,024,5472,407,8592,981,4733,427,3812,829,9333,027,265
EBITDA Margin-15.5%0.090.100.090.080.110.100.110.070.080.090.11----------
Interest Expenses-12.5%216,850247,818270,681241,354256,678259,106280,232281,670283,899278,901281,920258,438241,436244,718195,341236,987238,771255,269308,850372,276407,182
Income Taxes66.9%-1,070-3,236351,26011,871,870432,287-243,829595,960-71,3885,122,587-100,205-522,44026,348-79,441-526,325870,322772,90580,670-647,795-224,706-538,231-549,022
Earnings Before Taxes-101.4%-3,985,079-1,978,604--35,993-1,455,031-----4,439,061-1,022,575-494,626-1,059,472-2,962,6123,026,0023,110,932530,740-3,370,390-5,389,146-1,943,193-439,028
EBT Margin-72.1%-0.08-0.05-0.04-0.040.010.010.01-0.05-0.05-0.06-0.05----------
Net Income-101.7%-3,984,009-1,975,368-1,253,493-11,907,863-1,887,318-287,9134,155,0631,542,576-453,248-4,338,856-1,616,710-520,974-980,031-2,436,2872,155,6802,338,027450,070-2,722,595-5,164,440-1,404,962109,994
Net Income Margin37.6%-0.11-0.18-0.15-0.130.000.020.01-0.03-0.05-0.06-0.06----------
Free Cashflow191.2%1,730,974-1,898,603-4,333,904436,0082,481,146-774,772-8,283,752-3,481,787-7,416,973-8,324,931-4,187,910----------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets3.0%195189197207204215225239242237239241200193185182190231236195203
  Current Assets-30.9%28.0041.0048.0051.0047.0048.0048.0049.0056.0062.0064.0061.0015.0030.0028.0022.0024.0021.0016.0015.0024.00
    Cash Equivalents-53.5%4.009.0012.0017.0010.0016.0014.0015.0011.0027.0030.0037.004.008.0013.0012.006.005.001.003.0012.00
  Inventory-33.7%4.005.007.006.003.004.007.004.006.008.0012.007.001.009.006.002.002.007.006.004.003.00
  Net PPE13.4%164145142150152150161174127127139140145143142146152153160167168
Liabilities38.6%26.0019.0026.0026.0023.0024.0023.0025.0026.0029.0031.0037.0025.0024.0022.0021.0024.0070.0072.0027.0037.00
  Current Liabilities78.1%21.0012.0017.0018.0018.0018.0017.0020.0020.0019.0017.0020.0018.0017.0017.0014.0017.0061.0062.0020.0030.00
  Long Term Debt-100.0%-7.00--4.00----------------
    LT Debt, Current46.0%7.005.004.005.005.00----------------
    LT Debt, Non Current-31.4%5.007.00--4.00----------------
Shareholder's Equity-0.9%168170171181181189202214216208207204175169163161166162164167167
  Retained Earnings-4.5%84.0088.00--94.00----------------
  Additional Paid-In Capital0%89.0089.0089.0089.0089.0091.0089.0089.0089.0089.0089.0089.0054.0054.0054.0051.0051.0051.0051.0051.0051.00
Shares Outstanding0%10.0010.0010.0010.0010.0010.0010.0010.0010.0054.0047.0010.003.00--------
Float-------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/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations207.7%5,3771,7479374,8103,2883,481-4614,4114,0079,128-7,290-8,28013,774-3,487-1,0036,8602,9315,4112,240-3,0527,361
  Share Based Compensation---48913.00-1,404-------15.00--------
Cashflow From Investing-257.3%-13,027-3,646-5,270-295-2,709-865-148-7,175-12,290-12,609-126-44.60-17,954-1,590-224-756-1,417-1,427-3,605-1,415-386
Cashflow From Financing392.0%2,413-8262592,565-7,719166-2196,893-7,353-124-12241,794-186-32.32---54863.0079.00-5,366-3,930

ITP Income Statement

2023-09-30
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]    
Revenues$ 15,771,560$ 31,709,214$ 65,582,351$ 78,979,716
Cost of sales(15,924,783)(28,925,626)(64,832,715)(75,251,646)
Gross (Loss) Profit(153,223)2,783,588749,6363,728,070
Selling, general and administrative expenses(2,334,746)(3,370,541)(6,153,513)(8,541,224)
Loss on impairment of assets3,456(371,680)
Loss from Operations(2,484,513)(586,953)(5,775,557)(4,813,154)
Other Income (Expense):    
Interest income93,2987,729283,20316,108
Interest expense(247,818)(256,678)(767,668)(786,597)
Gain on acquisition(1,759)30,404
Gain (Loss) on derivative liability660,429(617,370)646,020729,263
Loss before Income Taxes(1,978,604)(1,455,031)(5,614,002)(4,823,976)
Provision for Income Taxes3,236(432,287)(348,024)160,531
Net Loss(1,975,368)(1,887,318)(5,962,026)(4,663,445)
Other Comprehensive Income (Loss)    
Foreign currency translation adjustment1,143,608(11,171,156)(5,417,331)(21,769,765)
Total Comprehensive Loss$ (831,760)$ (13,058,474)$ (11,379,357)$ (26,433,210)
Losses Per Share:    
Basic and Diluted Losses per Share (in Dollars per share)$ (0.2)$ (0.19)$ (0.59)$ (0.47)
Outstanding – Basic and Diluted (in Shares)10,065,9209,991,74410,065,9209,941,288

ITP Balance Sheet

2023-09-30
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2023
Dec. 31, 2022
Current Assets  
Cash and bank balances$ 9,437,941$ 9,524,868
Restricted cash
Accounts receivable (net of allowance for doubtful accounts of $56,674 and $881,878 as of September 30, 2023 and December 31, 2022, respectively)2,794,437
Inventories5,364,7772,872,622
Prepayments and other current assets20,049,10127,207,127
Total current assets41,061,07147,166,475
Prepayment on property, plant and equipment877,4621,031,502
Operating lease right-of-use assets, net562,612672,722
Finance lease right-of-use assets, net1,939,970
Property, plant, and equipment, net144,603,052151,569,898
Value-added tax recoverable1,893,5102,066,666
Deferred tax asset non-current
Total Assets188,997,707204,447,233
Current Liabilities  
Short-term bank loans835,6785,598,311
Current portion of long-term loans4,707,6524,835,884
Lease liability96,746224,497
Accounts payable104,1465,025
Advance from customers18,751
Accrued payroll and employee benefits299,908165,986
Other payables and accrued liabilities4,858,4445,665,558
Income taxes payable417,906
Total current liabilities12,024,64217,640,629
Long-term loans6,562,4014,204,118
Deferred gain on sale-leaseback52,314
Lease liability - non-current465,866579,997
Derivative liability263646,283
Total liabilities (including amounts of the consolidated VIE without recourse to the Company of $12,010,014 and $16,784,878 as of September 30, 2023 and December 31, 2022, respectively)19,053,17223,123,341
Commitments and Contingencies
Stockholders’ Equity  
Common stock, 50,000,000 shares authorized, $0.001 par value per share, 10,065,920 shares issued and outstanding as of September 30, 2023 and December, 31, 2022.10,06610,066
Additional paid-in capital89,172,77189,172,771
Statutory earnings reserve6,080,5746,080,574
Accumulated other comprehensive loss(12,931,871)(7,514,540)
Retained earnings87,612,99593,575,021
Total stockholders’ equity169,944,535181,323,892
Total Liabilities and Stockholders’ Equity188,997,707204,447,233
Related Party  
Current Assets  
Due from related parties3,414,8157,561,858
Current Liabilities  
Due to related parties$ 1,103,317$ 727,462
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
 WEBSITEwww.itpackaging.cn
 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 Wed Mar 27 2024, market cap of IT Tech Packaging Inc is 2.82 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 Wed Mar 27 2024, ITP's PE ratio (Price to Earnings) is -0.28 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 -0.359 (multiply by 100 for percentage) rate of return.