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IT Tech Packaging, Inc. (ITP)

AMEX Basic Materials Paper, Lumber & Forest Products
$0.19 ▲ +7.51%
Market Cap
$3.3M
Sector
Basic Materials
Industry
Paper, Lumber & Forest Products
Beta
-0.24
52-Wk Range
0.16-0.39
CEO
Zhenyong Liu
Country
CN
Currency
USD

IT Tech Packaging, Inc. operates in the Paper, Lumber & Forest Products industry of the Basic Materials sector, headquartered in Baoding, HE, CN. The stock last traded at $0.19, up 7.51% on the session, giving a market capitalisation of $3.3M. On trailing twelve-month figures it carries a trailing P/E of -0.30, a net margin of -11.3%. Its beta of -0.24 implies it has historically moved less than the broad market.

Valuation & profitability (TTM)
P/E
-0.30
Price / Sales
0.05
Price / Book
0.02
EV / EBITDA
0.95
Gross margin
5.5%
Operating margin
-10.0%
Net margin
-11.3%
Return on equity
Debt / equity
0.07
Current ratio
1.92
Dividend yield
0.0%
Payout ratio
0.0%
Company profile
Exchange
New York Stock Exchange Arca
Employees
383
IPO date
2007-10-01
Headquarters
Baoding, HE, CN
About IT Tech Packaging, Inc.

IT Tech Packaging, Inc. operates within the People's Republic of China, focusing on the manufacturing and distribution of a diverse array of paper and related products. The company supplies corrugating medium papers, which are utilized by businesses in the production of corrugated cardboard, and also provides offset printing papers to printing establishments. Under its "Dongfang Paper" brand, IT Tech Packaging offers an extensive selection of tissue products, encompassing toilet paper, various boxed and soft-packed facial tissues, handkerchiefs, paper napkins, and both bathroom and kitchen paper towels. In addition to its paper lines, the company produces and sells both non-medical disposable face masks and medical-grade face masks. Founded in 1996, the firm was originally named Orient Paper, Inc., before officially rebranding to IT Tech Packaging, Inc. in August 2018. Its corporate headquarters are located in Baoding, People's Republic of China.

Comparable companies

IT Tech Packaging, Inc. is most often compared with the following Basic Materials names:

CAPSCNEYENFYGUREJCTCNAMMNITOORGNRETORKDA
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