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ITP · AMEX · Paper, Lumber & Forest Products

IT Tech Packaging (ITP)

Manufactures corrugating medium paper for Chinese cardboard makers.

$0.1597
After hours−0.00 (−0.19%)
At close$0.1600(−2.38%)
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IT Tech Packaging, Inc.ITP
Materials

Manufactures corrugating medium paper for cardboard makers in China, generating revenue from tonnage-based sales to corporate customers. Operations are concentrated at Dongfang Paper in Hebei and reach the U.S.-listed holding company through contractual VIE arrangements.

Manufactures corrugating medium paper through Dongfang Paper, selling regular and lightweight grades to cardboard makers and other corporate customers in China. Tengsheng Paper and Baoding Shengde are the other reported segments, though neither recorded revenue in the latest detailed operating update.

Produces in Hebei, near recycled-paper supply and the Beijing-Tianjin area, with customers generally collecting finished product at company warehouses. Revenue is earned by tonnage from domestic paper sales. The listed Nevada holding company consolidates Dongfang Paper through contractual VIE arrangements rather than direct ownership; recycled-paper sourcing, Chinese environmental permits, and those agreements with a company wholly owned by the chief executive are central operating dependencies.

Company facts

CEOZhenyong Liu
ListedDec 17, 2009
ExchangeAMEX
HeadquartersBaoding City, China
CountryChina
Employees383
CIK0001358190
ISINUS46527C2098

Market cap$2.8M
EPS (ttm)
P/E (ttm)
ROE
P/B
P/S
Dividend yieldDiv yield
Beta1.06vs XLB 0.87

No analyst consensus on record.

EPSReportedEstimate

Mar '24May '24Aug '24Nov '24Apr '25May '25Aug '25Nov '25
Reported−$0.40−$0.37−$0.01−$0.20−$0.40−$0.35−$0.16−$0.11
Estimate
Surprise

RevenueReportedEstimate

Mar '24May '24Aug '24Nov '24Apr '25May '25Aug '25Nov '25
Reported$21.0M$6.9M$26.2M$25.1M$17.6M$10.9M$24.8M$25.6M
Estimate
Surprise
Estimate
Reported−$0.11
Estimate
Reported$25.6M
View details

Debt to equity6.70%
Current ratio191.60%

ProfitabilityRevenueNet incomeNet margin

Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25
Revenue$21.0M$6.9M$26.2M$25.1M$17.6M$10.9M$24.8M$25.6M
Net income−$4.0M−$3.7M−$77.7K−$2.0M−$4.0M−$3.5M−$2.0M−$1.4M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25
Operating income−$3.8M−$3.5M$547.8K−$1.5M−$3.8M−$3.4M−$1.8M−$992.6K
YoY growthLoss widenedLoss widenedTurned profitLoss narrowedLoss narrowedLoss narrowedTurned lossLoss narrowed

Balance sheet, Sep 30, 2025Cash & short-term investments $9.1M · Total debt $10.2M · Total assets $175.7M · Shareholders' equity $152.0M

Revenue
$25.6M
Operating income
−$992.6K
Net income
−$1.4M
View details

No dividends on record.

16.97M company shares as of Sep 7, 2026 · holders as of their latest filing

The share count is from the company's May 2025 quarterly report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Intracoastal Capital LLCStrategic
4.70% of class, as filedfiled Jan 25, 2021

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

Not reported.