It Tech Packaging, Inc. financial data

Symbol
ITP on NYSE
Industry
Converted Paper & Paperboard Prods (No Contaners/Boxes)
Location
Science Park, Juli Road, Xushui County, Baoding City, Hebei Province,, China
State of incorporation
NV
Fiscal year end
December 31
Former names
Orient Paper Inc. (to 7/20/2018), CARLATERAL, INC. (to 12/28/2007)
Latest financial report
10-K - Q4 2024 - Apr 11, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 141 % -42.3%
Quick Ratio 19.1 % -38.8%
Debt-to-equity 16 % +13.3%
Return On Equity -6.07 % -5.38%
Return On Assets -5.24 % -3.76%
Operating Margin -10.8 % +2.17%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 10.1M shares 0%
Common Stock, Shares, Outstanding 10.1M shares 0%
Entity Public Float 2.19M USD -51.1%
Common Stock, Value, Issued 10.1K USD 0%
Weighted Average Number of Shares Outstanding, Basic 10.1M shares 0%
Weighted Average Number of Shares Outstanding, Diluted 10.1M shares 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 75.8M USD -12.4%
Cost of Revenue 69.1M USD -19.2%
Operating Income (Loss) -8.21M USD +14.3%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.96M USD +6.62%
Income Tax Expense (Benefit) 879K USD
Net Income (Loss) Attributable to Parent -9.84M USD +1.04%
Earnings Per Share, Basic -0.98 USD/shares +1.01%
Earnings Per Share, Diluted -0.98 USD/shares +1.01%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 288K USD -50%
Inventory, Net 2.35M USD -33.8%
Assets, Current 28.5M USD +0.37%
Property, Plant and Equipment, Net 147M USD -10.4%
Operating Lease, Right-of-Use Asset 422K USD -20.2%
Assets 178M USD -8.83%
Accounts Payable, Current 242K USD
Employee-related Liabilities, Current 208K USD -12.8%
Accrued Liabilities, Current 305K USD -49.1%
Liabilities, Current 20.1M USD -5.94%
Operating Lease, Liability, Noncurrent 231K USD -52.2%
Liabilities 21.5M USD -18.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax -13M USD -23.1%
Retained Earnings (Accumulated Deficit) 73.8M USD -11.8%
Stockholders' Equity Attributable to Parent 156M USD -7.3%
Liabilities and Equity 178M USD -8.83%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 624K USD -87%
Net Cash Provided by (Used in) Financing Activities 422K USD -83.5%
Net Cash Provided by (Used in) Investing Activities -295K USD +95.9%
Common Stock, Shares Authorized 50M shares 0%
Common Stock, Shares, Issued 10.1M shares 0%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 1.03M USD -85.8%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 6.95M USD +58.3%
Interest Paid, Excluding Capitalized Interest, Operating Activities 137K USD +63.4%
Deferred Tax Assets, Valuation Allowance 20.7M USD +16.1%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 20.7M USD +16.1%
Operating Lease, Liability 477K USD -18.4%
Payments to Acquire Property, Plant, and Equipment 295K USD -19.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -12.3M USD +5.39%
Lessee, Operating Lease, Liability, to be Paid 556K USD
Property, Plant and Equipment, Gross 303M USD -1.63%
Operating Lease, Liability, Current 246K USD +144%
Lessee, Operating Lease, Liability, to be Paid, Year Two 139K USD -1.47%
Lessee, Operating Lease, Liability, to be Paid, Year One 139K USD -1.47%
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 79.7K USD +32564%
Lessee, Operating Lease, Liability, to be Paid, Year Three 139K USD -1.47%
Current Income Tax Expense (Benefit) -3.24K USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Four 139K USD -1.47%
Additional Paid in Capital 89.2M USD +0.28%
Current Federal Tax Expense (Benefit) 36.8K USD
Amortization of Intangible Assets 37.7K USD
Depreciation, Depletion and Amortization 3.48M USD -5.55%
Share-based Payment Arrangement, Expense 12.9K USD
Interest Expense 887K USD -12.9%