It Tech Packaging, Inc. - Understand $itp stock

$ITP Market Cap: $2.315 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$79.16M

TTM

Gross Margin

6.77%

TTM

Net Earnings

-$9.782M

TTM

Current Assets

$32.97M

Q3 2024

Current Liabilities

$20.75M

Q3 2024

Current Ratio

158.88%

Q3 2024

Total Assets

$190.0M

Q3 2024

Total Liabilities

$25.69M

Q3 2024

Book Value

$164.3M

Q3 2024

Cash

$4.893M

Q3 2024

P/E

-0.2367

Nov 29, 2024 EST

Free Cash Flow

-$6.418M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$86.55M	$100.4M	$160.9M	$100.9M	$117.6M	$86.75M	$117.0M	$134.7M	$135.3M	$137.0M	$125.7M	$151.1M	$150.7M	$124.0M	$102.1M	$65.20M	$39.70M	$0.00	$0.00
YoY Change	-13.76%	-37.62%	59.38%	-14.17%	35.58%	-25.87%	-13.15%	-0.41%	-1.27%	9.02%	-16.81%	0.27%	21.53%	21.45%	56.6%	64.23%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$86.55M	$100.4M	$160.9M	$100.9M	$117.6M	$86.75M	$117.0M	$134.7M	$135.3M	$137.0M	$125.7M	$151.1M	$150.7M	$124.0M	$102.1M	$65.20M	$39.70M	$0.00	$0.00
Cost Of Revenue	$85.55M	$95.60M	$149.9M	$95.24M	$103.9M	$80.93M	$97.07M	$109.2M	$107.4M	$114.3M	$102.4M	$124.1M	$117.8M	$97.80M	$82.10M	$52.60M	$33.10M
Gross Profit	$999.9K	$4.754M	$11.02M	$5.702M	$13.68M	$5.820M	$19.96M	$25.53M	$27.86M	$22.78M	$23.30M	$27.10M	$33.00M	$26.20M	$20.00M	$12.60M	$6.600M
Gross Profit Margin	1.16%	4.74%	6.85%	5.65%	11.63%	6.71%	17.05%	18.95%	20.59%	16.62%	18.54%	17.94%	21.9%	21.13%	19.59%	19.33%	16.62%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$9.075M	$10.06M	$9.558M	$11.16M	$9.782M	$13.10M	$11.31M	$12.40M	$9.664M	$4.839M	$4.500M	$3.400M	$2.500M	$3.100M	$2.000M	$300.0K	$300.0K	$0.00	$0.00
YoY Change	-9.78%	5.24%	-14.34%	14.07%	-25.32%	15.84%	-8.82%	28.33%	99.71%	7.53%	32.35%	36.0%	-19.35%	55.0%	566.67%	0.0%
% of Gross Profit	907.66%	211.58%	86.75%	195.68%	71.51%	225.04%	56.66%	48.57%	34.69%	21.24%	19.31%	12.55%	7.58%	11.83%	10.0%	2.38%	4.55%
Research & Development	$90.77K	$145.5K	$101.4K							$0.00	$0.00
YoY Change	-37.63%	43.51%
% of Gross Profit	9.08%	3.06%	0.92%							0.0%	0.0%
Depreciation & Amortization	$14.23M	$14.79M	$15.36M	$15.79M	$15.30M	$14.29M	$14.63M	$15.29M	$13.40M	$8.289M	$7.790M	$8.380M	$4.420M	$4.150M	$3.510M	$3.840M	$2.950M
YoY Change	-3.8%	-3.71%	-2.76%	3.2%	7.09%	-2.34%	-4.28%	14.09%	61.64%	6.41%	-7.04%	89.59%	6.51%	18.23%	-8.59%	30.17%
% of Gross Profit	1422.77%	311.05%	139.4%	276.99%	111.88%	245.53%	73.33%	59.88%	48.09%	36.39%	33.43%	30.92%	13.39%	15.84%	17.55%	30.48%	44.7%
Operating Expenses	$9.075M	$10.20M	$9.558M	$11.16M	$9.782M	$13.10M	$11.31M	$12.40M	$9.664M	$4.859M	$4.600M	$3.300M	$2.500M	$3.100M	$2.000M	$400.0K	$300.0K	$0.00	$0.00
YoY Change	-11.06%	6.76%	-14.34%	14.07%	-25.32%	15.84%	-8.82%	28.33%	98.88%	5.64%	39.39%	32.0%	-19.35%	55.0%	400.0%	33.33%
Operating Profit	-$8.076M	-$5.305M	$1.459M	-$5.456M	$3.898M	-$7.278M	$8.649M	$13.13M	$18.20M	$17.92M	$18.70M	$23.80M	$30.50M	$23.10M	$18.00M	$12.20M	$6.300M
YoY Change	52.24%	-463.48%	-126.75%	-239.97%	-153.56%	-184.15%	-34.13%	-27.84%	1.55%	-4.18%	-21.43%	-21.97%	32.03%	28.33%	47.54%	93.65%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	-$23.19K	$1.028M	$4.795M	-$1.421M	-$861.7K	-$1.455M	-$2.399M	-$2.524M	-$3.087M	-$1.297M	-$900.0K	-$800.0K	-$700.0K	-$500.0K	-$600.0K	-$500.0K	-$300.0K
YoY Change	-102.26%	-78.56%	-437.52%	64.86%	-40.8%	-39.33%	-4.95%	-18.24%	138.09%	44.07%	12.5%	14.29%	40.0%	-16.67%	20.0%	66.67%
% of Operating Profit			328.54%		-22.11%		-27.74%	-19.22%	-16.97%	-7.24%	-4.81%	-3.36%	-2.3%	-2.16%	-3.33%	-4.1%	-4.76%
Other Income/Expense, Net					$261.1K	$241.2K	$41.53K	$0.00	$555.6K	$22.61K	$200.0K						$0.00
YoY Change					8.27%	480.76%		-100.0%	2357.36%	-88.7%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	-$9.599M	-$4.860M	$6.452M	-$6.656M	$3.297M	-$12.40M	$2.323M	$10.43M	$15.67M	$16.14M	$18.10M	$20.10M	$29.40M	$21.50M	$17.40M	$11.70M	$6.100M	$0.00	$0.00
YoY Change	97.51%	-175.32%	-196.94%	-301.86%	-126.6%	-633.73%	-77.73%	-33.43%	-2.94%	-10.84%	-9.95%	-31.63%	36.74%	23.56%	48.72%	91.8%
Income Tax	$347.0K	$11.71M	$5.547M	-$1.102M	$1.076M	-$1.851M	$582.8K	$3.115M	$4.123M	$4.433M	$5.100M	$5.500M	$7.800M	$6.000M	$4.700M	$2.900M	$2.000M	$0.00	$0.00
% Of Pretax Income			85.97%		32.64%		25.09%	29.87%	26.32%	27.46%	28.18%	27.36%	26.53%	27.91%	27.01%	24.79%	32.79%
Net Earnings	-$9.946M	-$16.57M	$905.5K	-$5.554M	$2.221M	-$10.55M	$1.660M	$7.313M	$11.54M	$11.71M	$13.00M	$14.70M	$21.60M	$15.60M	$12.70M	$8.800M	$4.100M	$0.00	$0.00
YoY Change	-39.98%	-1929.99%	-116.3%	-350.05%	-121.06%	-735.36%	-77.3%	-36.64%	-1.4%	-9.95%	-11.56%	-31.94%	38.46%	22.83%	44.32%	114.63%
Net Earnings / Revenue	-11.49%	-16.51%	0.56%	-5.5%	1.89%	-12.16%	1.42%	5.43%	8.53%	8.54%	10.34%	9.73%	14.33%	12.58%	12.44%	13.5%	10.33%
Basic Earnings Per Share	-$0.99	-$1.66	$0.10
Diluted Earnings Per Share	-$0.99	-$1.66	$151.3K	-$2.096M	$1.008M	-$4.878M	$773.8K	$3.415M	$568.1K	$607.5K	$702.7K	$794.6K	$1.180M	$896.6K	$1.041M	$814.8K	$410.0K	$0.00	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$3.919M	$9.525M	$11.20M	$4.142M	$5.838M	$8.475M	$2.896M	$2.333M	$2.642M	$3.891M	$3.100M	$13.10M	$4.200M	$11.30M	$6.900M	$3.200M	$600.0K	$0.00	$0.00
YoY Change	-58.86%	-14.97%	170.41%	-29.04%	-31.12%	192.66%	24.14%	-11.71%	-32.11%	25.53%	-76.34%	211.9%	-62.83%	63.77%	115.63%	433.33%
Cash & Equivalents	$3.919M	$9.525M	$11.20M	$4.142M	$5.838M	$8.475M	$2.896M	$2.333M	$2.642M	$3.891M	$3.100M	$13.10M	$4.200M	$11.30M	$6.900M	$3.200M	$600.0K
Short-Term Investments
Other Short-Term Assets	$6.045M	$13.57M	$11.06M	$1.187M	$5.946M	$9.884M	$6.773M	$2.618M	$12.59M	$11.79M	$8.100M	$7.000M	$5.100M	$200.0K	$500.0K	$0.00
YoY Change	-55.44%	22.7%	831.82%	-80.05%	-39.84%	45.93%	158.69%	-79.21%	6.77%	45.6%	15.71%	37.25%	2450.0%	-60.0%
Inventory	$3.555M	$2.873M	$5.845M	$1.234M	$1.607M	$2.924M	$8.474M	$5.632M	$9.205M	$7.140M	$11.40M	$15.10M	$10.00M	$7.400M	$6.900M	$2.800M	$400.0K
Prepaid Expenses
Receivables	$575.5K	$0.00	$4.869M	$2.389M	$3.119M	$2.877M	$1.844M	$3.894M	$1.904M	$3.730M	$3.300M	$2.800M	$3.800M	$1.800M	$2.100M	$1.400M	$1.100M	$0.00	$0.00
Other Receivables	$14.26M	$21.20M	$22.54M	$5.958M	$7.530M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$300.0K	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$28.36M	$47.17M	$55.52M	$14.91M	$24.04M	$24.16M	$19.99M	$14.48M	$26.34M	$26.55M	$26.00M	$38.10M	$23.10M	$21.10M	$16.40M	$7.500M	$2.100M	$0.00	$0.00
YoY Change	-39.88%	-15.04%	272.35%	-37.98%	-0.49%	20.87%	38.06%	-45.05%	-0.79%	2.13%	-31.76%	64.94%	9.48%	28.66%	118.67%	257.14%
Property, Plant & Equipment	$164.5M	$154.2M	$128.9M	$147.5M	$151.6M	$167.8M	$189.4M	$187.7M	$206.2M	$208.2M	$178.5M	$122.4M	$114.7M	$87.40M	$55.30M	$45.30M	$34.60M
YoY Change	6.69%	19.64%	-12.65%	-2.69%	-9.66%	-11.38%	0.91%	-8.97%	-0.97%	16.65%	45.83%	6.71%	31.24%	58.05%	22.08%	30.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$0.00	$1.032M	$54.71M	$34.86M	$11.92M	$8.277M	$6.573M	$3.265M	$2.825M	$1.771M	$1.800M	$2.400M	$7.200M	$7.000M	$0.00
YoY Change	-100.0%	-98.11%	56.96%	192.47%	43.99%	25.93%	101.31%	15.56%	59.49%	-1.59%	-25.0%	-66.67%	2.86%
Total Long-Term Assets	$166.4M	$157.3M	$186.0M	$185.0M	$166.2M	$178.9M	$199.0M	$193.9M	$212.3M	$213.2M	$183.5M	$124.7M	$121.9M	$94.40M	$55.30M	$45.30M	$34.60M	$0.00	$0.00
YoY Change	5.79%	-15.45%	0.57%	11.32%	-7.13%	-10.09%	2.63%	-8.66%	-0.44%	16.19%	47.15%	2.3%	29.13%	70.71%	22.08%	30.92%
Total Assets	$194.7M	$204.4M	$241.5M	$199.9M	$190.2M	$203.1M	$219.0M	$208.4M	$238.6M	$239.8M	$209.5M	$162.8M	$145.0M	$115.5M	$71.70M	$52.80M	$36.70M	$0.00	$0.00
YoY Change
Accounts Payable	$4.990K	$5.030K	$10.26K	$592.4K	$250.5K	$629.1K	$422.7K	$560.0K	$253.4K	$0.00	$900.0K	$1.000M	$2.800M	$400.0K	$1.800M	$700.0K	$600.0K	$0.00	$0.00
YoY Change	-0.8%	-50.97%	-98.27%	136.49%	-60.18%	48.81%	-24.51%	120.95%		-100.0%	-10.0%	-64.29%	600.0%	-77.78%	157.14%	16.67%
Accrued Expenses	$2.057M	$2.449M	$2.161M	$1.329M	$1.029M	$213.5K	$231.3K	$209.9K	$531.9K	$2.430M	$2.800M	$1.300M	$900.0K	$2.300M	$1.800M	$1.000M
YoY Change	-15.99%	13.31%	62.61%	29.19%	381.8%	-7.66%	10.15%	-60.53%	-78.11%	-13.22%	115.38%	44.44%	-60.87%	27.78%	80.0%
Deferred Revenue
YoY Change
Short-Term Debt	$423.6K	$5.598M	$5.959M	$6.435M	$6.164M	$15.44M	$13.31M	$7.208M	$27.72M	$25.92M	$11.50M	$7.100M	$2.800M	$2.900M	$4.300M	$6.900M	$6.000M	$0.00	$0.00
YoY Change	-92.43%	-6.05%	-7.41%	4.41%	-60.09%	16.0%	84.73%	-74.0%	6.95%	125.38%	61.97%	153.57%	-3.45%	-32.56%	-37.68%	15.0%
Long-Term Debt Due	$6.875M	$5.060M	$7.049M	$5.179M	$1.605M	$2.492M	$6.367M	$8.787M	$6.860M	$14.79M	$9.900M	$4.200M	$2.500M	$4.100M	$0.00	$0.00	$2.500M
YoY Change	35.85%	-28.21%	36.1%	222.59%	-35.56%	-60.86%	-27.54%	28.08%	-53.62%	49.42%	135.71%	68.0%	-39.02%			-100.0%
Total Short-Term Liabilities	$21.42M	$17.64M	$20.43M	$18.34M	$16.84M	$29.63M	$21.76M	$20.59M	$40.24M	$44.47M	$28.40M	$16.20M	$11.70M	$11.80M	$9.400M	$8.600M	$10.00M	$0.00	$0.00
YoY Change	21.42%	-13.67%	11.42%	8.94%	-43.19%	36.2%	5.69%	-48.84%	-9.52%	56.59%	75.31%	38.46%	-0.85%	25.53%	9.3%	-14.0%
Long-Term Debt	$4.504M	$4.784M	$3.132M	$4.952M	$7.368M	$6.892M	$11.91M	$14.93M	$22.25M	$19.66M	$18.90M	$3.900M	$5.700M	$2.200M	$6.100M	$10.10M	$3.200M	$0.00	$0.00
YoY Change	-5.86%	52.74%	-36.75%	-32.79%	6.91%	-42.12%	-20.27%	-32.88%	13.2%	4.0%	384.62%	-31.58%	159.09%	-63.93%	-39.6%	215.63%
Other Long-Term Liabilities	$483.9K	$698.6K	$2.219M	$1.502M			$0.00	$102.2K	$327.6K	$1.160M	$1.200M
YoY Change	-30.73%	-68.51%	47.68%				-100.0%	-68.8%	-71.76%	-3.31%
Total Long-Term Liabilities	$4.988M	$5.483M	$5.351M	$6.454M	$7.368M	$6.892M	$11.91M	$15.04M	$22.58M	$20.82M	$20.10M	$3.900M	$5.700M	$2.200M	$6.100M	$10.10M	$3.200M	$0.00	$0.00
YoY Change	-9.03%	2.46%	-17.09%	-12.4%	6.91%	-42.12%	-20.82%	-33.41%	8.47%	3.57%	415.38%	-31.58%	159.09%	-63.93%	-39.6%	215.63%
Total Liabilities	$26.41M	$23.12M	$25.79M	$24.79M	$24.20M	$36.53M	$33.66M	$35.62M	$62.82M	$64.82M	$48.50M	$20.10M	$17.40M	$14.00M	$15.40M	$18.70M	$13.20M	$0.00	$0.00
YoY Change	14.2%	-10.32%	4.0%	2.44%	-33.74%	8.5%	-5.5%	-43.29%	-3.09%	33.65%	141.29%	15.52%	24.29%	-9.09%	-17.65%	41.67%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021
Basic Shares Outstanding	10.07M shares	9.973M shares	9.133M shares
Diluted Shares Outstanding	10.07M shares	9.973M shares	9.133M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.3152 Million

About IT TECH PACKAGING, INC.

IT Tech Packaging, Inc. is a holding company, which engages in the production and distribution of paper products. The company is headquartered in Baoding, Hebei and currently employs 383 full-time employees. The company went IPO on 2009-12-17. The firm is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The firm operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. CMP is used in the manufacturing of cardboard. The firm has over two corrugating medium paper production lines, including PM6 and PM1. The firm also produces finished tissue paper products that are marketed and sold under the Orient Paper brand.

Industry: Converted Paper & Paperboard Prods (No Contaners/Boxes) Peers: