Symbols / ITP $0.21 +13.25% IT Tech Packaging, Inc.

Basic Materials • Paper & Paper Products • China • ASE
ITP Chart
About

IT Tech Packaging, Inc., together with its subsidiaries, produces and distributes paper products in the People's Republic of China. It operates in three segments: Dongfang Paper, Tengsheng Paper, and Baoding Shengde. The company offers corrugating medium papers to companies making corrugating cardboard; and offset printing papers to printing companies. It also provides tissue paper products, including toilet paper, 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, the company produces and sells digital photo paper, 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. is headquartered in Baoding, the People's' Republic of China.

Fundamentals
Scroll to Statements
Sector Basic Materials Industry Paper & Paper Products Market Cap 3.48M
Enterprise Value 5.19M Income -10.95M Sales 78.94M
Book/sh 8.96 Cash/sh 0.48 Dividend Yield —
Payout 0.00% Employees 383 IPO —
P/E — Forward P/E — PEG —
P/S 0.04 P/B 0.02 P/C —
EV/EBITDA 1.10 EV/Sales 0.07 Quick Ratio 1.27
Current Ratio 1.92 Debt/Eq 6.70 LT Debt/Eq —
EPS (ttm) -0.91 EPS next Y — EPS Growth —
Revenue Growth 2.10% Earnings 2012-03-15 12:00 ROA -3.36%
ROE -6.92% ROIC — Gross Margin 5.69%
Oper. Margin -3.89% Profit Margin -13.87% Shs Outstand 16.97M
Shs Float 16.42M Short Float 0.79% Short Ratio 0.82
Short Interest — 52W High 1.00 52W Low 0.15
Beta -0.37 Avg Volume 183.95K Volume 3.19M
Target Price — Recom None Prev Close $0.18
Price $0.21 Change 13.25%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$0.21
Latest analyst target
3. DCF / Fair value
$7.45
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$0.21
Low
—
High
—
Mean
—
News
RSS: Latest ITP news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Revenue
75.84
-12.37%
86.55
-13.76%
100.35
-37.62%
160.88
Operating Revenue
75.84
-12.37%
86.55
-13.76%
100.35
-37.62%
160.88
Cost Of Revenue
69.15
-19.17%
85.55
-10.51%
95.60
-36.21%
149.86
Reconciled Cost Of Revenue
69.15
-19.17%
85.55
-10.51%
95.60
-36.21%
149.86
Gross Profit
6.69
+569.25%
1.00
-78.97%
4.75
-56.85%
11.02
Operating Expense
14.80
+63.08%
9.08
-9.78%
10.06
+7.47%
9.36
Selling General And Administration
14.80
+63.08%
9.08
-9.78%
10.06
+5.24%
9.56
Other Operating Expenses
—
—
—
-0.20
Total Expenses
83.95
-11.28%
94.62
-10.44%
105.66
-33.64%
159.22
Operating Income
-8.11
-0.40%
-8.08
-52.24%
-5.30
-419.95%
1.66
Total Operating Income As Reported
-8.21
+14.26%
-9.58
-80.52%
-5.30
-463.48%
1.46
EBITDA
6.02
+7.27%
5.61
-48.78%
10.96
-52.23%
22.94
Normalized EBITDA
6.13
-5.23%
6.47
-32.00%
9.51
-44.25%
17.06
Reconciled Depreciation
14.22
-0.03%
14.23
-3.80%
14.79
-3.71%
15.36
EBIT
-8.20
+4.79%
-8.61
-124.80%
-3.83
-150.57%
7.58
Total Unusual Items
-0.11
+87.34%
-0.85
-158.97%
1.45
-75.37%
5.88
Total Unusual Items Excluding Goodwill
-0.11
+87.34%
-0.85
-158.97%
1.45
-75.37%
5.88
Special Income Charges
-0.10
+93.17%
-1.50
-4940.61%
0.03
0.00
Restructuring And Mergern Acquisition
—
0.00
+100.00%
-0.03
0.00
Write Off
0.10
-93.17%
1.50
—
—
Net Income
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Pretax Income
-8.96
+6.62%
-9.60
-97.51%
-4.86
-175.32%
6.45
Net Non Operating Interest Income Expense
-0.75
-11.68%
-0.67
+33.30%
-1.00
+7.57%
-1.09
Interest Expense Non Operating
0.76
-22.56%
0.98
-4.23%
1.03
-8.60%
1.12
Net Interest Income
-0.75
-11.68%
-0.67
+33.30%
-1.00
+7.57%
-1.09
Interest Expense
0.76
-22.56%
0.98
-4.23%
1.03
-8.60%
1.12
Interest Income Non Operating
0.01
-95.31%
0.32
+1198.62%
0.02
-37.41%
0.04
Interest Income
0.01
-95.31%
0.32
+1198.62%
0.02
-37.41%
0.04
Other Income Expense
-0.11
+87.34%
-0.85
-158.97%
1.45
-75.37%
5.88
Gain On Sale Of Security
-0.01
-100.87%
0.65
-54.40%
1.42
-75.90%
5.88
Tax Provision
0.88
+153.40%
0.35
-97.04%
11.71
+111.13%
5.55
Tax Rate For Calcs
0.00
+0.00%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.03
+87.34%
-0.21
-158.97%
0.36
-75.37%
1.47
Net Income Including Noncontrolling Interests
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Net Income From Continuing Operation Net Minority Interest
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Net Income From Continuing And Discontinued Operation
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Net Income Continuous Operations
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Normalized Income
-9.76
-4.91%
-9.31
+47.30%
-17.66
-403.80%
-3.50
Net Income Common Stockholders
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Diluted EPS
-0.98
+1.01%
-0.99
+40.36%
-1.66
-930.00%
0.20
Basic EPS
-0.98
+1.01%
-0.99
+40.36%
-1.66
-930.00%
0.20
Basic Average Shares
10.07
+0.00%
10.07
+0.93%
9.97
+66.63%
5.98
Diluted Average Shares
10.07
+0.00%
10.07
+0.93%
9.97
+66.63%
5.98
Diluted NI Availto Com Stockholders
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Gain On Sale Of PPE
—
-1.50
0.00
—
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total Assets
177.55
-8.83%
194.74
-4.75%
204.45
-15.36%
241.54
Current Assets
28.46
+0.36%
28.36
-39.88%
47.17
-15.04%
55.52
Cash Cash Equivalents And Short Term Investments
5.92
+50.97%
3.92
-58.86%
9.52
-14.97%
11.20
Cash And Cash Equivalents
5.92
+50.97%
3.92
-58.86%
9.52
-14.97%
11.20
Cash Financial
5.92
+50.97%
3.92
-58.86%
9.52
-14.97%
11.20
Receivables
13.50
-9.01%
14.84
-30.01%
21.20
-22.66%
27.41
Accounts Receivable
0.29
-50.03%
0.58
0.00
-100.00%
4.87
Gross Accounts Receivable
0.34
-41.99%
0.59
-33.41%
0.88
-82.14%
4.94
Allowance For Doubtful Accounts Receivable
-0.05
-352.20%
-0.01
+98.67%
-0.88
-1177.10%
-0.07
Receivables Adjustments Allowances
-0.86
0.00
—
—
Taxes Receivable
13.15
-1.90%
13.41
-1.70%
13.64
-7.46%
14.74
Inventory
2.35
-33.85%
3.56
+23.76%
2.87
-50.85%
5.84
Raw Materials
1.51
+305.59%
0.37
-74.65%
1.47
-37.34%
2.35
Work In Process
0.30
-1.47%
0.30
+126.04%
0.13
+38.22%
0.10
Finished Goods
1.27
-56.00%
2.89
+127.46%
1.27
-62.70%
3.40
Prepaid Assets
5.65
+1.54%
5.56
-57.67%
13.14
+26.86%
10.36
Restricted Cash
1.03
+118.66%
0.47
0.00
0.00
Other Current Assets
0.01
-1.26%
0.01
-97.97%
0.42
-39.07%
0.70
Total Non Current Assets
149.09
-10.40%
166.39
+5.79%
157.28
-15.45%
186.02
Net PPE
67.03
-19.24%
83.00
-14.90%
97.53
-38.87%
159.53
Gross PPE
223.53
-1.72%
227.45
-2.12%
232.36
-20.21%
291.22
Accumulated Depreciation
-156.50
-8.34%
-144.45
-7.13%
-134.84
-2.39%
-131.69
Properties
0.00
0.00
0.00
0.00
Buildings And Improvements
66.58
-2.00%
67.94
-0.53%
68.30
-8.46%
74.61
Machinery Furniture Equipment
156.52
-1.54%
158.98
-0.13%
159.18
-6.84%
170.88
Construction In Progress
0.00
0.00
-100.00%
2.27
-94.77%
43.45
Other Properties
0.42
-20.20%
0.53
-79.77%
2.61
+14.27%
2.29
Goodwill And Other Intangible Assets
80.31
-1.47%
81.50
+41.29%
57.69
+351.02%
12.79
Other Intangible Assets
80.31
-1.47%
81.50
+41.29%
57.69
+351.02%
12.79
Non Current Accounts Receivable
1.75
-6.98%
1.88
-8.88%
2.07
-14.96%
2.43
Non Current Deferred Assets
0.00
0.00
0.00
-100.00%
11.27
Non Current Deferred Taxes Assets
0.00
0.00
0.00
-100.00%
11.27
Total Liabilities Net Minority Interest
21.50
-18.59%
26.41
+14.20%
23.12
-10.32%
25.79
Current Liabilities
20.15
-5.94%
21.42
+21.42%
17.64
-13.67%
20.43
Payables And Accrued Expenses
11.88
-14.45%
13.88
+98.86%
6.98
-5.49%
7.39
Payables
10.88
-8.76%
11.93
+163.12%
4.53
-13.26%
5.23
Accounts Payable
0.00
-99.98%
0.00
-0.68%
0.01
-51.00%
0.01
Other Payable
10.74
-4.08%
11.19
+237.79%
3.31
-1.98%
3.38
Current Accrued Expenses
1.00
-49.12%
1.96
-20.09%
2.45
+13.31%
2.16
Total Tax Payable
0.10
+14666.24%
0.00
-99.86%
0.49
-56.05%
1.11
Income Tax Payable
0.08
0.00
-100.00%
0.42
-62.28%
1.11
Current Debt And Capital Lease Obligation
8.26
+11.60%
7.40
-30.59%
10.66
-18.06%
13.01
Current Debt
8.01
+9.78%
7.30
-30.06%
10.43
-18.46%
12.80
Other Current Borrowings
3.56
-48.22%
6.87
+42.16%
4.84
-29.28%
6.84
Current Capital Lease Obligation
0.25
+144.42%
0.10
-55.24%
0.22
+6.82%
0.21
Current Deferred Liabilities
0.01
-91.35%
0.14
0.00
-100.00%
0.04
Current Deferred Revenue
0.01
-91.35%
0.14
0.00
-100.00%
0.04
Total Non Current Liabilities Net Minority Interest
1.35
-72.94%
4.99
-9.03%
5.48
+2.46%
5.35
Long Term Debt And Capital Lease Obligation
1.34
-73.05%
4.99
+4.26%
4.78
+52.73%
3.13
Long Term Debt
1.11
-75.29%
4.50
+7.13%
4.20
+41.07%
2.98
Long Term Capital Lease Obligation
0.23
-52.23%
0.48
-16.57%
0.58
+280.99%
0.15
Non Current Deferred Liabilities
—
0.00
-100.00%
0.05
-66.27%
0.16
Non Current Deferred Revenue
—
0.00
-100.00%
0.05
-66.27%
0.16
Stockholders Equity
156.05
-7.30%
168.34
-7.16%
181.32
-15.96%
215.75
Common Stock Equity
156.05
-7.30%
168.34
-7.16%
181.32
-15.96%
215.75
Capital Stock
0.01
+0.00%
0.01
+0.00%
0.01
+1.51%
0.01
Common Stock
0.01
+0.00%
0.01
+0.00%
0.01
+1.51%
0.01
Share Issued
10.07
+0.00%
10.07
+0.00%
10.07
+1.62%
9.90
Ordinary Shares Number
10.07
+0.00%
10.07
+0.00%
10.07
+1.62%
9.90
Additional Paid In Capital
89.17
+0.00%
89.17
+0.00%
89.17
+0.18%
89.02
Retained Earnings
73.79
-11.77%
83.63
-10.63%
93.58
-15.04%
110.15
Gains Losses Not Affecting Retained Earnings
-6.92
-54.60%
-4.47
-212.07%
-1.43
-108.65%
16.58
Other Equity Adjustments
-6.92
-54.60%
-4.47
-212.07%
-1.43
-108.65%
16.58
Total Equity Gross Minority Interest
156.05
-7.30%
168.34
-7.16%
181.32
-15.96%
215.75
Total Capitalization
157.16
-9.07%
172.84
-6.84%
185.53
-15.18%
218.73
Working Capital
8.31
+19.82%
6.94
-76.50%
29.53
-15.84%
35.08
Invested Capital
165.17
-8.31%
180.14
-8.07%
195.96
-15.36%
231.53
Total Debt
9.60
-22.49%
12.39
-19.79%
15.44
-4.32%
16.14
Net Debt
3.21
-59.30%
7.88
+54.16%
5.11
+11.76%
4.58
Capital Lease Obligations
0.48
-18.41%
0.58
-27.36%
0.80
+121.99%
0.36
Net Tangible Assets
75.74
-12.77%
86.83
-29.77%
123.64
-39.08%
202.96
Tangible Book Value
75.74
-12.77%
86.83
-29.77%
123.64
-39.08%
202.96
Derivative Product Liabilities
0.01
+10364.81%
0.00
-99.99%
0.65
-68.68%
2.06
Duefrom Related Parties Current
0.92
+7.74%
0.85
-88.71%
7.56
-3.10%
7.80
Dueto Related Parties Current
0.04
-94.04%
0.73
+0.19%
0.73
+0.00%
0.73
Interest Payable
0.32
-80.85%
1.67
-24.27%
2.20
+32.95%
1.66
Inventories Adjustments Allowances
-0.73
-24439.34%
-0.00
0.00
0.00
Line Of Credit
4.45
+950.98%
0.42
-92.43%
5.60
-6.05%
5.96
Line Item Trend 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Operating Cash Flow
6.30
-51.06%
12.87
+20.07%
10.72
+540.03%
-2.44
Cash Flow From Continuing Operating Activities
6.30
-51.06%
12.87
+20.07%
10.72
+540.03%
-2.44
Net Income From Continuing Operations
-9.84
+1.03%
-9.95
+39.98%
-16.57
-1930.00%
0.91
Depreciation Amortization Depletion
14.22
-0.03%
14.23
-3.80%
14.79
-3.71%
15.36
Depreciation
14.22
-0.03%
14.23
—
—
Depreciation And Amortization
14.22
-0.03%
14.23
-3.80%
14.79
-3.71%
15.36
Other Non Cash Items
—
—
-0.03
—
Stock Based Compensation
—
0.00
-100.00%
0.16
0.00
Provisionand Write Offof Assets
1.64
+4317.61%
0.04
-95.60%
0.84
+2420.25%
0.03
Asset Impairment Charge
—
—
0.84
+2420.25%
0.03
Deferred Tax
—
0.00
-100.00%
10.26
+275.86%
2.73
Deferred Income Tax
—
0.00
-100.00%
10.26
+275.86%
2.73
Operating Gains Losses
0.11
-88.77%
0.96
+167.90%
-1.42
+75.90%
-5.88
Gain Loss On Investment Securities
0.01
+100.87%
-0.65
+54.40%
-1.42
+75.90%
-5.88
Gain Loss On Sale Of PPE
0.10
-93.63%
1.61
0.00
—
Change In Working Capital
0.17
-97.74%
7.59
+182.22%
2.69
+117.26%
-15.58
Change In Receivables
0.24
-14.46%
0.28
-92.51%
3.75
+254.30%
-2.43
Changes In Account Receivables
0.24
-14.46%
0.28
-92.51%
3.75
+254.30%
-2.43
Change In Inventory
0.43
+158.70%
-0.74
-128.83%
2.55
+156.37%
-4.53
Change In Prepaid Assets
-0.01
-100.07%
9.32
+334.47%
-3.98
+52.39%
-8.35
Change In Payables And Accrued Expense
-0.33
+64.36%
-0.93
-1972.54%
-0.05
-108.07%
0.56
Change In Accrued Expense
-0.03
-136.19%
0.07
+172.25%
-0.10
-271.85%
0.06
Change In Payable
-0.31
+69.69%
-1.01
-1821.92%
0.06
-88.24%
0.50
Change In Account Payable
-0.00
-10032.00%
0.00
+101.11%
-0.00
+99.24%
-0.59
Change In Other Working Capital
-0.16
+52.59%
-0.34
-183.90%
0.41
+149.05%
-0.83
Investing Cash Flow
-0.33
+98.52%
-22.24
-104.06%
-10.90
+56.53%
-25.07
Cash Flow From Continuing Investing Activities
-0.33
+98.52%
-22.24
-104.06%
-10.90
+56.53%
-25.07
Net PPE Purchase And Sale
-0.33
+98.52%
-22.24
-104.06%
-10.90
+56.53%
-25.07
Purchase Of PPE
-0.33
+98.52%
-22.29
-104.55%
-10.90
+56.53%
-25.07
Sale Of PPE
0.00
-100.00%
0.05
0.00
0.00
Capital Expenditure
-0.33
+98.52%
-22.29
-104.55%
-10.90
+56.53%
-25.07
Financing Cash Flow
-3.26
-173.85%
4.41
+601.38%
-0.88
-102.57%
34.19
Cash Flow From Continuing Financing Activities
-3.26
-173.85%
4.41
+601.38%
-0.88
-102.57%
34.19
Net Issuance Payments Of Debt
-3.26
-173.85%
4.41
+601.38%
-0.88
+88.49%
-7.64
Issuance Of Debt
0.84
-93.05%
12.13
+93.39%
6.27
+6.46%
5.89
Repayment Of Debt
-4.10
+46.91%
-7.72
-7.95%
-7.15
+47.16%
-13.54
Long Term Debt Issuance
0.00
-100.00%
10.86
+18239.92%
0.06
0.00
Long Term Debt Payments
-0.73
-880.98%
-0.07
+93.14%
-1.08
+92.01%
-13.54
Net Long Term Debt Issuance
-0.73
-106.75%
10.78
+1155.35%
-1.02
+92.45%
-13.54
Short Term Debt Issuance
0.84
-33.90%
1.28
-79.47%
6.21
+5.46%
5.89
Short Term Debt Payments
-3.37
+55.90%
-7.65
-25.95%
-6.07
+6.77%
-6.51
Net Short Term Debt Issuance
-2.53
+60.31%
-6.37
-4585.22%
0.14
-97.59%
5.89
Net Common Stock Issuance
—
0.00
0.00
-100.00%
41.84
Changes In Cash
2.71
+154.72%
-4.96
-368.30%
-1.06
-115.83%
6.69
Effect Of Exchange Rate Changes
-0.15
+11.63%
-0.17
+71.71%
-0.62
-265.78%
0.37
Beginning Cash Position
4.39
-53.89%
9.52
-14.97%
11.20
+170.41%
4.14
End Cash Position
6.95
+58.26%
4.39
-53.89%
9.52
-14.97%
11.20
Free Cash Flow
5.97
+163.36%
-9.42
-5159.36%
-0.18
+99.35%
-27.51
Interest Paid Supplemental Data
1.81
+22.12%
1.48
+363.07%
0.32
-44.46%
0.58
Income Tax Paid Supplemental Data
0.80
+5.01%
0.76
-62.95%
2.05
+4.00%
1.97
Change In Income Tax Payable
0.08
+119.81%
-0.41
+32.90%
-0.61
-173.80%
0.83
Change In Tax Payable
0.08
+119.81%
-0.41
+32.90%
-0.61
-173.80%
0.83
Common Stock Issuance
—
0.00
0.00
-100.00%
41.84
Issuance Of Capital Stock
—
0.00
0.00
-100.00%
41.84
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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