IT Tech Packaging, Inc. (ITP)

NYSE: ITP · Converted Paper & Paperboard Prods (No Contaners/Boxes) · Hebei Province,, CN · filing with the SEC since 2006

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Grade3.1

◀ Past 1.5● Present 3.9▶ Future 3.7

1 est.

Overview Business Financials Grade Forecast Sentiment Ownership People Filings Patents Chart

Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016	Dec 31, 2015
Report filed	Apr 11, 2025	Mar 27, 2024	Mar 24, 2023	Mar 15, 2022	Mar 23, 2021	Mar 23, 2020	Mar 7, 2019	Apr 17, 2018	Mar 22, 2017	·
Revenue	75,837,943	86,546,950	100,352,434	160,881,720	100,943,269	117,614,886	86,746,758	117,023,578	134,744,600	135,303,173
Cost of revenue	69,146,203	85,547,065	95,598,238	·	·	·	·	97,067,627	109,212,717	107,442,568
Gross profit	6,691,740	999,885	4,754,196	11,017,559	5,701,985	13,679,518	5,820,401	19,955,951	25,531,883	27,860,605
Research and development	99,610	90,766	145,538	101,410	69,208	74,825	30,194	31,922	21,598	28,448
Selling, general and administrative	14,799,969	9,075,475	10,058,723	9,558,190	11,157,789	9,781,719	13,098,373	11,307,395	12,401,858	9,663,835
Operating income	-8,210,719	-9,575,888	-5,304,527	1,459,369	-5,455,804	3,897,799	-11,182,314	4,680,267	12,951,719	18,196,770
Interest expense	762,377	984,518	1,027,951	1,124,702	1,026,512	926,368	1,492,119	2,433,770	2,621,147	3,157,524
Interest and investment income	14,793	315,096	24,264	38,766	32,033	64,717	36,632	34,590	96,976	70,319
Income before income taxes	-8,963,900	-9,599,081	-4,859,969	·	-6,655,860	3,297,284	-12,396,612	2,322,616	10,427,548	15,665,170
Income tax expense	879,194	346,954	11,711,339	5,546,954	-1,101,858	1,076,102	-1,850,928	662,828	3,114,572	4,122,965
Net income including non-controlling interests	·	·	-16,571,308	905,535	-5,554,002	2,221,182	·	·	·	·
Net income	-9,843,094	-9,946,035	-16,571,308	905,535	-5,554,002	2,221,182	-10,545,684	1,659,788	7,312,976	11,542,205
Net income to common shareholders	-9,843,094	-9,946,035	-16,571,308	905,535	-5,554,002	2,221,182	·	·	·	·
Earnings per share, basic	-0.98	-0.99	-1.66	0.10	-0.21	0.101^r	-0.49	0.08	0.34	0.57
Earnings per share, diluted	-0.98	-0.99	-1.66	0.10	-0.21	0.101^r	-0.49	0.08	0.34	0.57
Weighted average shares, basic	10,065,920	10,065,920	9,972,788	9,133,440^r	26,498,298	22,034,905	21,618,305	21,450,316	21,416,143	20,316,400
Weighted average shares, diluted	10,065,920	10,065,920	9,972,788	9,133,440	·	22,034,905	21,618,305	21,450,316	21,416,143	20,316,400
Weighted average shares, basic and diluted	·	·	·	59,849,082	26,498,298	22,034,905	21,618,305	21,450,316	21,416,143	·

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:Revenues

Cost of revenue what it cost to make or buy what it sold

us-gaap:CostOfRevenue
us-gaap:CostOfGoodsSold

Gross profit revenue less the cost of what it soldus-gaap:GrossProfit

Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense

Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense

Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss

Interest expense what its borrowing cost

us-gaap:InterestExpenseNonoperating
us-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Income before income taxes profit before tax

us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted

SI Assistanton ITP · research, not advice