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-Q - Q3 2024 - Nov 15, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 139 % -51.7%
Quick Ratio 20.1 % -36.9%
Debt-to-equity 16.4 % +22.8%
Return On Equity -5.92 % +40.9%
Return On Assets -5.09 % +42.5%
Operating Margin -10.4 % -44%

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 4.48M USD -59.3%
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 79.2M USD -8.97%
Cost of Revenue 73.3M USD +45.5%
Operating Income (Loss) -8.22M USD -31.1%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -8.98M USD +17.7%
Income Tax Expense (Benefit) 346K USD
Net Income (Loss) Attributable to Parent -9.78M USD +44.5%
Earnings Per Share, Basic -0.98 USD/shares +44.9%
Earnings Per Share, Diluted -0.98 USD/shares +44.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Accounts Receivable, after Allowance for Credit Loss, Current 1.73M USD -38.2%
Inventory, Net 5.73M USD +6.86%
Other Assets, Current 27.2K USD +5.47%
Assets, Current 33M USD -19.7%
Deferred Income Tax Assets, Net 11.2M USD
Property, Plant and Equipment, Net 155M USD +7.02%
Operating Lease, Right-of-Use Asset 460K USD -18.3%
Assets 190M USD +0.54%
Accounts Payable, Current 242K USD
Employee-related Liabilities, Current 363K USD +21%
Accrued Liabilities, Current 605K USD +2.46%
Liabilities, Current 20.8M USD +72.6%
Operating Lease, Liability, Noncurrent 373K USD -19.9%
Other Liabilities, Noncurrent 2.25M USD
Liabilities 25.7M USD +34.9%
Accumulated Other Comprehensive Income (Loss), Net of Tax -8.77M USD +32.2%
Retained Earnings (Accumulated Deficit) 77.8M USD -11.2%
Stockholders' Equity Attributable to Parent 164M USD -3.31%
Liabilities and Equity 190M USD +0.54%

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 -9.03M USD -2960%
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 4.89M USD -48.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 137K USD +63.4%
Deferred Tax Assets, Valuation Allowance 20M USD +16%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.25 pure 0%
Deferred Tax Assets, Gross 20M USD +16%
Operating Lease, Liability 623K USD
Payments to Acquire Property, Plant, and Equipment 295K USD -19.9%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -5.62M USD +71.2%
Lessee, Operating Lease, Liability, to be Paid 714K USD
Property, Plant and Equipment, Gross 311M USD +9%
Operating Lease, Liability, Current 250K USD +158%
Lessee, Operating Lease, Liability, to be Paid, Year Two 143K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 285K USD
Operating Lease, Weighted Average Discount Rate, Percent 0.08 pure 0%
Deferred Income Tax Expense (Benefit) 10.3M USD +276%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 90.6K USD
Lessee, Operating Lease, Liability, to be Paid, Year Three 143K USD
Current Income Tax Expense (Benefit) -3.24K USD -100%
Lessee, Operating Lease, Liability, to be Paid, Year Four 140K USD
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%