IT Tech Packaging (ITP) AI Stock Analysis

• Market Cap: $2.67M
• Dividend Yield: N/A
• Average Volume (3M): 104.91K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.64
• Revenue Growth: -12.37%
• EPS Growth: 1.03%
• Country: US
• Employees: 383
• Sector: Basic Materials
• Sector Strength: 59
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): -0.98
• Shares Outstanding: 10,065,920
• 10 Day Avg. Volume: 131,403
• 30 Day Avg. Volume: 104,908
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• Price to Cash Flow (P/CF): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 3.26
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: 8.71
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

The overall stock score is heavily influenced by the company's declining financial performance, marked by shrinking revenue and persistent losses. Technical indicators suggest bearish momentum, and valuation metrics highlight challenges due to negative earnings. Despite some improvement in cash flow, the company's financial instability and lack of positive earnings outlook keep the score low.

IT Tech Packaging Business Overview & Revenue Model

Company Description

IT Tech Packaging, Inc. (ITP) is a leading manufacturer and distributor of paper products in China. The company operates primarily in the paper and packaging industry, producing a variety of paper products including corrugating medium paper, offset printing paper, and tissue paper products. IT Tech Packaging caters to a diverse clientele, ranging from industrial manufacturers to commercial businesses, by providing essential packaging solutions and raw materials required for various applications.

How the Company Makes Money

IT Tech Packaging makes money through the production and sale of its paper products. The company's primary revenue streams include the sale of corrugating medium paper, which is used in the production of cardboard boxes and other packaging materials, and offset printing paper, which serves the printing industry. Tissue paper products also contribute significantly to the company's earnings, meeting the demand for consumer hygiene products. The company benefits from its established distribution network and strategic partnerships with key suppliers and customers, which facilitate efficient production and delivery processes, thereby enhancing its revenue potential.

IT Tech Packaging Financial Statement Overview

Summary

IT Tech Packaging faces significant financial difficulties, with declining revenue and persistent net losses impacting profitability. While the balance sheet shows stability with low leverage, the declining assets pose future risks. Cash flow issues, evident in negative free cash flow, highlight liquidity constraints.

Income Statement

The income statement reflects a challenging financial period for IT Tech Packaging. Notably, the company has experienced a decline in total revenue, down from $100.4M in 2022 to $79.2M in TTM 2024, indicating negative revenue growth. Additionally, the net profit margin is negative due to consistent net losses, with a net income of -$9.8M in TTM 2024. The gross profit margin is also modest at 7.4% for TTM 2024. These metrics suggest financial difficulties and profitability challenges.

Balance Sheet

The balance sheet shows a relatively stable financial position, with stockholders' equity at $164.3M as of TTM 2024, representing 86.5% of total assets. The debt-to-equity ratio is low at 0.06, indicating conservative leverage. However, there is a declining trend in total assets, down from $241.5M in 2021 to $190.0M in TTM 2024, which may signal potential risks in asset management.

Cash Flow

The cash flow statement reveals concerning trends, with negative free cash flow of -$5.2M in TTM 2024, despite positive operating cash flow. The free cash flow to net income ratio is negative, indicating cash flow constraints. Additionally, the company has faced challenges in maintaining positive free cash flow growth, which may impact future operational flexibility.

Breakdown
Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019
Income Statement		Total Revenue
86.55M	100.35M	160.88M	100.94M	117.61M
	Gross Profit
999.88K	4.75M	11.02M	5.70M	13.68M
	EBIT
-9.58M	-5.28M	1.46M	-5.20M	3.90M
	EBITDA
5.61M	10.96M	22.94M	10.16M	19.53M
	Net Income Common Stockholders
-9.95M	-16.57M	905.53K	-5.55M	2.22M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
3.92M	9.52M	11.20M	4.14M	5.84M
	Total Assets
194.74M	204.45M	241.54M	199.87M	190.20M
	Total Debt
12.39M	15.44M	16.14M	16.57M	15.14M
	Net Debt
8.47M	5.92M	4.94M	12.42M	9.30M
	Total Liabilities
26.41M	23.12M	25.79M	24.79M	24.20M
	Stockholders Equity
168.34M	181.32M	215.75M	175.08M	166.00M
Cash Flow		Free Cash Flow
-9.42M	-179.14K	-27.51M	-4.96M	1.11M
	Operating Cash Flow
12.87M	10.72M	-2.44M	16.14M	7.53M
	Investing Cash Flow
-22.24M	-10.90M	-25.07M	-20.53M	-7.87M
	Financing Cash Flow
4.41M	-879.60K	34.19M	2.05M	-5.77M

IT Tech Packaging Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ITP, the sentiment is Negative. The current price of 0.26 is above the 20-day moving average (MA) of 0.26, below the 50-day MA of 0.30, and below the 200-day MA of 0.28, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 45.81 is Neutral, neither overbought nor oversold. The STOCH value of 41.88 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for ITP.

IT Tech Packaging Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	49 Neutral	$1.95B	-1.37	-21.20%	3.73%	0.84%	-29.84%
ITP	48 Neutral	$2.67M	―	-6.07%	―	-12.37%	1.03%
SNES	47 Neutral	$4.26M	―	-139.56%	―	55.66%	96.71%
SEED	40 Underperform	$8.79M	2.68		―	18.41%	-64.88%
ZKIN	40 Underperform	$5.53M	―	-10.45%	―	-3.05%	95.83%
RETO	37 Underperform	$10.42M	―	-57.03%	―	-20.27%	―