Company Analysis

IT Tech Packaging, Inc. (ITP)

NYSE: ITP · Converted Paper & Paperboard Prods (No Contaners/Boxes) · Hebei Province,, CN · filing with the SEC since 2006
Grade3.1
◀ Past 1.5● Present 3.9▶ Future 3.7
1 est.

The grade of IT Tech Packaging, Inc.

Nine metrics read from its own filings, by tense
Headline grade
3.1/10
◀ Past1.530% of the headline
● Present3.940% of the headline
▶ Future3.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

1.5/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
1.3/10

Has it survived what it has been through?

16 warning events since 2017; the latest 2026-11-10.

weight 33% of this tense · 13th percentile among 19 sector filers · read for itself

From the record

IT Tech Packaging, Inc.'s filings since 2017 show 16 warning events of 3 kinds: a notice about its exchange listing (8-K item 3.01, 3 times, the latest 2026-10-09); an auditor change (8-K item 4.01, 6 times, the latest 2026-10-06); a late-report notice (Form NT 10-K or NT 10-Q, 7 times, the latest 2026-11-10) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
1.3/10

What has it actually done, year after year?

-6.2% a year over 10 filed years; profitable in 5 of 10.

weight 45% of this tense · 13th percentile among 19 sector filers · read for its customers

From the record

IT Tech Packaging, Inc.'s 10 filed years say what it did: revenue went from $135 million in fiscal 2015 to $76 million in fiscal 2024, down 6.2% a year; it rose in 2 of 9 years; the deepest fall was 53% from fiscal 2021 to fiscal 2024; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-6.2%bottom 8% of its family
  • the share of years revenue rosebottom 3% of its family
  • the share of filed years with a profitbottom 34% of its family
  • the deepest fall from a revenue peak52.9%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
2.3/10

How has it treated the people who own it?

Share count grew 3.3% a year. 0% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 23rd percentile among 17 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2024-12-31, IT Tech Packaging, Inc.'s diluted share count grew about 3.3% a year, and dividends and buybacks returned about 0% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 34% of its family
  • cash returned against operating cash flowbottom 12% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

3.9/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.3/10

Is it financially healthy right now?

ROE -6%: lost 6¢ per shareholder dollar. Leverage 12%: owes 12¢ per asset dollar.

weight 45% of this tense · 53rd percentile among 19 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, IT Tech Packaging, Inc. lost about 6 cents for every dollar of shareholders' money, and gross profitability: its products earned about 4 cents per dollar of everything the company owns. Leverage: it owed about 12 cents per dollar of assets, and net share issuance: its share count was unchanged over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 3% of its family
  • return on equitybottom 42% of its family
  • gross profit against assetsbottom 9% of its family
  • the share count against the year beforetop 37% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
1.9/10

How strong is its position in its industry?

bottom 19% of 19 in its family; net margin -13%.

weight 33% of this tense · 19th percentile among 19 sector filers · read for its customers

From the record

IT Tech Packaging, Inc.'s standing among 19 graded names in its industry family: revenue of $76 million in fiscal 2024 ranks in the bottom 14% by size; a net margin of -13% ranks in the bottom 34%; revenue growth of -22.2% a year over the last 3 filed years ranks in the bottom 8% (its annual reports).

What it rests on

  • revenue against the family$75.8Mbottom 14% of its family
  • net margin-13.0%bottom 34% of its family
  • three-year revenue growth-22.2%bottom 8% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
4.2/10

What are the people in charge doing?

SI estimate 4.2/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 15 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 15 members with one.
What the record cannot read
No officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read.
How it was reasoned
family median, 15 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: IT Tech Packaging, Inc.'s leadership is put at 4.2 of 10 with a confidence of 20 of 100, because no officer or director has filed a Form 3, 4 or 5 for it in the last fifteen months, so the years in charge cannot be read, so the desk assumes the typical reading of its industry family, the median of 15 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

3.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.6/10

How much room does it have to grow?

bottom 46% of 19 in its family for room to expand.

weight 45% of this tense · 46th percentile among 19 sector filers · read for itself

From the record

IT Tech Packaging, Inc.'s room to grow, from the newest filed statements (fiscal 2024): cash of $7 million against debt of $5 million leaves 1.3% of its assets as net cash, top 8% of its family; cash from operations less capital spending is 7.9% of revenue (top 34%); a gross margin of 8.8% (bottom 22%); research spending of 0.1% of revenue (bottom 4%) (its annual report).

What it rests on

  • cash less debt against assets1.3%top 8% of its family
  • cash from operations less capital spending against revenue7.9%top 34% of its family
  • gross margin8.8%bottom 22% of its family
  • research spending against revenue0.1%bottom 4% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
1.5/10

What could actually drive growth from here?

bottom 15% of 19 in its family for growth drivers.

weight 33% of this tense · 15th percentile among 19 sector filers · read for its customers

From the record

IT Tech Packaging, Inc.'s growth drivers, from the filed years to fiscal 2024: revenue grew -22.2% a year over the last three filed years against -6.2% over all 10, slowing (bottom 13% of its family); the newest year grew -12.3% (bottom 8%); research spending grew -0.6% a year (bottom 27%); capital spending grew -76.4% a year (bottom 13%) (its annual reports). IT Tech Packaging, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-15.9 points a yearbottom 13% of its family
  • the newest year's revenue growth-12.3%bottom 8% of its family
  • three-year growth of research spending-0.6%bottom 27% of its family
  • three-year growth of capital spending-76.4%bottom 13% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.3/10

Did its newest year beat what its own record pointed to?

top 47% of 18 in its family for expectations against reality.

weight 22% of this tense · 53rd percentile among 18 sector filers · read for its shareholders

From the record

IT Tech Packaging, Inc.'s newest year against its own record: revenue of $76 million in fiscal 2024 came in 19.5% above the $63 million its prior three years' pace pointed to (top 19% of its family); net income of $10 million against a prior three-year average of $9 million (bottom 47%); a net margin of -13% against -9.1% before (bottom 31%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace19.5%top 19% of its family
  • net income against the prior three years' average-15%bottom 47% of its family
  • net margin against its prior average-3.8 pointsbottom 31% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton ITP · research, not advice