IT Tech Packaging Inc

Company Profile

IT Tech Packaging Inc had its IPO on 2007-10-01 under the ticker symbol ITP.

The company operates in the Basic Materials sector and Paper & Paper Products industry. IT Tech Packaging Inc has a staff strength of 380 employees.

Stock update

Shares of IT Tech Packaging Inc opened at $0.42 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.4 - $0.44, and closed at $0.42.

This is a +2.2% increase from the previous day's closing price.

A total volume of 11,217 shares were traded at the close of the day’s session.

In the last one week, shares of IT Tech Packaging Inc have slipped by -10.85%.

IT Tech Packaging Inc's Key Ratios

IT Tech Packaging Inc has a market cap of $4.70 million, indicating a price to book ratio of 0.0385 and a price to sales ratio of 0.0589.

In the last 12-months IT Tech Packaging Inc’s revenue was $102.89 million with a gross profit of $4.75 million and an EBITDA of $10.35 million. The EBITDA ratio measures IT Tech Packaging Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, IT Tech Packaging Inc’s operating margin was -3.88% while its return on assets stood at -1.18% with a return of equity of -9.53%.

In Q2, IT Tech Packaging Inc’s quarterly earnings growth was a positive 0% while revenue growth was a negative 5.6%.

IT Tech Packaging Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-1.76 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into IT Tech Packaging Inc’s profitability.

IT Tech Packaging Inc stock is trading at a EV to sales ratio of 0.0538 and a EV to EBITDA ratio of 0.4215. Its price to sales ratio in the trailing 12-months stood at 0.0589.

IT Tech Packaging Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$196.74 million

Total Liabilities

$17.30 million

Operating Cash Flow

$-5565710.00

Capital Expenditure

$5.27 million

Dividend Payout Ratio

0%

IT Tech Packaging Inc ended 2024 with $196.74 million in total assets and $0 in total liabilities. Its intangible assets were valued at $196.74 million while shareholder equity stood at $170.78 million.

IT Tech Packaging Inc ended 2024 with $0 in deferred long-term liabilities, $17.30 million in other current liabilities, 10066.00 in common stock, $89.59 million in retained earnings and $0 in goodwill. Its cash balance stood at $11.98 million and cash and short-term investments were $11.98 million. The company’s total short-term debt was $9,611,673 while long-term debt stood at $7.44 million.

IT Tech Packaging Inc’s total current assets stands at $47.69 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $23.22 million compared to accounts payable of $127543.00 and inventory worth $6.57 million.

In 2024, IT Tech Packaging Inc's operating cash flow was $-5565710.00 while its capital expenditure stood at $5.27 million.

Comparatively, IT Tech Packaging Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.42

52-Week High

$0.91

52-Week Low

$0.36

Analyst Target Price

$

IT Tech Packaging Inc stock is currently trading at $0.42 per share. It touched a 52-week high of $0.91 and a 52-week low of $0.91. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.45 and 200-day moving average was $0.5 The short ratio stood at 2.34 indicating a short percent outstanding of 0%.

Around 538.2% of the company’s stock are held by insiders while 187% are held by institutions.