CSIMarket Company Name, Ticker, Customers, else..
 
It Tech Packaging Inc  (NYSE: ITP)
 

It Tech Packaging Inc's Suppliers Performance

ITP's Supply Chain



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ITP Costs vs Sales of Suppliers Growth It Tech Packaging Inc recorded an increase in cost of sales by 1.79 % year on year, sequentially cost of sales grew by 0.25 % in Q3.

• More on ITP Suppliers



It Tech Packaging Inc recorded increase in cost of sales by 1.79 % year on year, sequentially cost of sales grew by 0.25 % in Q3.

• More on ITP Suppliers




It Tech Packaging Inc's Comment on Supply Chain


The company primarily utilizes recycled paperboard and unprinted recycled white scrap paper sourced from multiple domestic suppliers. All recycled paper supplies are currently purchased from domestic recycling stations, with no reliance on imported recycled paper. Gas and chemical agents are procured from nearby suppliers. The company enters into annual contracts with raw material suppliers, which do not fix purchase prices or hedge against market price fluctuations. For the year ended December 31, 2024, three major suppliers accounted for 97% of total purchases: Company A (Hebei) at 73%, Company B (Hebei) at 17%, and Company C (Hebei) at 7%. Inflation and increased demand for recycled paper may lead to higher raw material and production costs.

It Tech Packaging Inc's Comment on Supply Chain


The company primarily utilizes recycled paperboard and unprinted recycled white scrap paper sourced from multiple domestic suppliers. All recycled paper supplies are currently purchased from domestic recycling stations, with no reliance on imported recycled paper. Gas and chemical agents are procured from nearby suppliers. The company enters into annual contracts with raw material suppliers, which do not fix purchase prices or hedge against market price fluctuations. For the year ended December 31, 2024, three major suppliers accounted for 97% of total purchases: Company A (Hebei) at 73%, Company B (Hebei) at 17%, and Company C (Hebei) at 7%. Inflation and increased demand for recycled paper may lead to higher raw material and production costs.







ITP's vs. Suppliers, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)



COMPANY NAME MARKET CAP REVENUES INCOME EMPLOYEES
It Tech Packaging Inc 2.12 78.94 -10.95 -
SUBTOTAL 0.00 0.00 0.00 -


Sources: It Tech Packaging Inc's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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