Education
About Us
Working with TipRanks
Follow Us
It Tech Packaging (ITP)
:ITP
Top Page
IT Tech Packaging
(NYSE MKT:ITP)
57Neutral
IT Tech Packaging (ITP) vs. S&P 500 (SPY)
Market Cap
$2.46M
Dividend YieldN/A
Average Volume (3M)669.69K
Price to Earnings (P/E)―
Beta (1Y)0.72
Revenue Growth-8.96%
EPS Growth45.26%
CountryUS
Employees383
SectorBasic Materials
Sector Strength59
IndustryPaper, Lumber & Forest Products
Share Statistics
EPS (TTM)-0.97
Shares Outstanding10,065,920
10 Day Avg. Volume102,941
30 Day Avg. Volume669,690
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.04
Price to Cash Flow (P/CF)0.50
P/FCF Ratio0.50
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
IT Tech Packaging Business Overview & Revenue Model
Company DescriptionIT Tech Packaging, Inc. is a leading manufacturer in the paper and packaging industry, primarily operating in the People's Republic of China. The company produces and sells a variety of paper products, including corrugating medium paper, offset printing paper, and tissue paper products. IT Tech Packaging serves a wide range of sectors, focusing on providing high-quality paper products for packaging and printing needs.
How the Company Makes MoneyIT Tech Packaging generates revenue primarily through the sale of its paper products. The company's key revenue streams include the production and distribution of corrugating medium paper, which is extensively used in the manufacture of cardboard boxes and packaging materials. Additionally, IT Tech Packaging produces offset printing paper, catering to printing and publishing industries. The tissue paper product line also contributes to its earnings, supplying consumer and commercial tissue products. The company leverages advanced production facilities and a strategic market presence in China to maintain competitive pricing and quality, thereby attracting a broad customer base. Significant factors contributing to its revenue include its established supply chain, customer relationships, and adaptability to market demands.
IT Tech Packaging Financial Statement Overview
Summary
IT Tech Packaging faces significant financial difficulties, with declining revenue and persistent net losses impacting profitability. While the balance sheet shows stability with low leverage, the declining assets pose future risks. Cash flow issues, evident in negative free cash flow, highlight liquidity constraints.Income Statement
The income statement reflects a challenging financial period for IT Tech Packaging. Notably, the company has experienced a decline in total revenue, down from $100.4M in 2022 to $79.2M in TTM 2024, indicating negative revenue growth. Additionally, the net profit margin is negative due to consistent net losses, with a net income of -$9.8M in TTM 2024. The gross profit margin is also modest at 7.4% for TTM 2024. These metrics suggest financial difficulties and profitability challenges.45
Neutral
Balance Sheet
The balance sheet shows a relatively stable financial position, with stockholders' equity at $164.3M as of TTM 2024, representing 86.5% of total assets. The debt-to-equity ratio is low at 0.06, indicating conservative leverage. However, there is a declining trend in total assets, down from $241.5M in 2021 to $190.0M in TTM 2024, which may signal potential risks in asset management.60
Neutral
Cash Flow
The cash flow statement reveals concerning trends, with negative free cash flow of -$5.2M in TTM 2024, despite positive operating cash flow. The free cash flow to net income ratio is negative, indicating cash flow constraints. Additionally, the company has faced challenges in maintaining positive free cash flow growth, which may impact future operational flexibility.40
Negative
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 79.16M | 86.55M | 100.35M | 160.88M | 100.94M | 117.61M | Gross Profit |
| 5.83M | 999.88K | 4.75M | 11.02M | 5.70M | 13.68M | EBIT |
| -7.09M | -9.58M | -5.28M | 1.46M | -5.20M | 3.90M | EBITDA |
| 5.82M | 5.61M | 10.96M | 22.94M | 10.16M | 19.53M | Net Income Common Stockholders |
| -9.78M | -9.95M | -16.57M | 905.53K | -5.55M | 2.22M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 5.42M | 3.92M | 9.52M | 11.20M | 4.14M | 5.84M | Total Assets |
| 192.60M | 194.74M | 204.45M | 241.54M | 199.87M | 190.20M | Total Debt |
| 13.04M | 12.39M | 15.44M | 16.14M | 16.57M | 15.14M | Net Debt |
| 7.63M | 8.47M | 5.92M | 4.94M | 12.42M | 9.30M | Total Liabilities |
| 28.31M | 26.41M | 23.12M | 25.79M | 24.79M | 24.20M | Stockholders Equity |
| 164.29M | 168.34M | 181.32M | 215.75M | 175.08M | 166.00M |
| Cash Flow | Free Cash Flow | ||||
| -5.19M | -9.42M | -179.14K | -27.51M | -4.96M | 1.11M | Operating Cash Flow |
| 8.21M | 12.87M | 10.72M | -2.44M | 16.14M | 7.53M | Investing Cash Flow |
| -13.34M | -22.24M | -10.90M | -25.07M | -20.53M | -7.87M | Financing Cash Flow |
| 300.12K | 4.41M | -879.60K | 34.19M | 2.05M | -5.77M |
IT Tech Packaging Technical Analysis
Negative
0.24
Price Trends
0.33
Negative
0.32
Negative
0.28
Negative
Market Momentum
-0.02
Positive
38.03
Neutral
30.87
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ITP, the sentiment is Negative. The current price of 0.24 is below the 20-day moving average (MA) of 0.30, below the 50-day MA of 0.33, and below the 200-day MA of 0.28, indicating a bearish trend. The MACD of -0.02 indicates Positive momentum. The RSI at 38.03 is Neutral, neither overbought nor oversold. The STOCH value of 30.87 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ITP.
IT Tech Packaging Risk Analysis
IT Tech Packaging disclosed 56 risk factors in its most recent earnings report. IT Tech Packaging reported the most risks in the “Legal & Regulatory” category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
IT Tech Packaging Peers Comparison
Overall Rating
UnderperformOutperform
Sector (47)
Financial Indicators
Performance Comparison
ITP
IT Tech Packaging
0.24
-0.03
-11.11%
CLW
Clearwater Paper
24.73
-16.68
-40.28%
Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.