CSIMarket Company Name, Ticker, Customers, else..
 
It Tech Packaging Inc  (NYSE: ITP)
Other Ticker:  
 
 
Price: $0.3241 $-0.01 -3.628%
Day's High: $0.337 Week Perf: -0.89 %
Day's Low: $ 0.31 30 Day Perf: -1.79 %
Volume (M): 934 52 Wk High: $ 1.07
Volume (M$): $ 303 52 Wk Avg: $0.27
Open: $0.34 52 Wk Low: $0.20



 Market Capitalization (Millions $) 3
 Shares Outstanding (Millions) 10
 Employees -
 Revenues (TTM) (Millions $) 74
 Net Income (TTM) (Millions $) -8
 Cash Flow (TTM) (Millions $) -2
 Capital Exp. (TTM) (Millions $) 4

It Tech Packaging Inc
IT Tech Packaging Inc is a company that specializes in the design and production of packaging solutions for various industries. They offer a wide range of products, including paper packaging, corrugated packaging, printed packaging, and specialized packaging. Their packaging solutions are designed to protect products during transportation and storage while also providing a visually appealing presentation. With their expertise in technology and packaging, they strive to meet the unique packaging needs of their clients and deliver high-quality solutions.


   Company Address: Science Park Baoding City 72550
   Company Phone Number: 312-8698215   Stock Exchange / Ticker: NYSE ITP


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



It Tech Packaging Inc

It Tech Packaging Inc Faces Severe Financial Challenges, Reporting Drastic Decline in Revenue and Mounting Net Deficit

It Tech Packaging Inc Faces Challenging Fiscal Period with Declining Revenue and Growing Net Deficit
It Tech Packaging Inc, a leading company in the packaging industry, recently reported a disastrous fiscal period with a significant decline in revenue and an increase in net deficit. These financial results have raised concerns among investors and analysts about the company's performance and future prospects.
During the most recent fiscal period, It Tech Packaging Inc experienced a substantial decrease in revenue by -50.262% to $15.77 million compared to the previous year. This decline is quite alarming and indicates a considerable slowdown in the company's business operations. Additionally, the company's per-share shortfall has extended to $-0.20 from $-0.12 in the same financial reporting period a year ago, further emphasizing its difficult position.
It Tech Packaging Inc

Revitalizing Success: IT Tech Packaging Inc. Reshapes the Paper & Paper Products Industry with a Bigger Second Quarter Deficit in 2023

IT Tech Packaging Inc, a leading company in the Paper & Paper Products industry, has reported mixed results for the second quarter of 2023. While losses have expanded to $-0.12 per share compared to $0.00 a year ago, the company's EPS has shown improvement, increasing from $-0.27 per share in the preceding financial period.
The company's revenue for the second quarter has displayed a depreciation of -5.565%, amounting to $30.02 million, compared to $31.79 million in the same period last year. However, there has been a significant sequential increase in revenue of 51.686% from $19.79 million.
It Tech Packaging Inc

It Tech Packaging Inc sees impressive 27.835% surge in revenue in the fiscal three months ending March 31, 2023

Investors are being cautioned to think twice before investing in It Tech Packaging Inc following a recent report that the company recorded a cumulative net loss of $-17 million during the 12 months ending in the first quarter of 2023. This has resulted in a negative return on assets (ROA) of -7.9%. Meanwhile, 176 other companies within the Basic Materials sector have recorded a higher return on assets.
However, there's a glimmer of hope as It Tech Packaging Inc's overall ROA ranking has advanced in the Mar 31, 2023 quarter, moving from the total ROA ranking in the fourth quarter of 2022 at 3591 to 2384. The company announced a surge in revenue by 27.835% to $19.79 million from the same reporting season a year before. Unfortunately, this came at a cost as It Tech Packaging Inc saw an increased shortfall per share at $-0.27 per share. Comparing this to the prior period, there has been an increase in the shortfall from $-0.12 per share, and the revenue deteriorated by -7.401% from $21.37 million.






It Tech Packaging Inc's Segments





Help

About us

Advertise
CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2025 CSIMarket, Inc. All rights reserved.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com