TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›ITP›Financials
Annual statements · SEC XBRL · FY2015 – FY2024

IT TECH PACKAGING, INC. (ITP) financials

Income statement

IT TECH PACKAGING, INC. (ITP) income statement, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue$135M$135M$117M$86.7M$118M$101M$161M$100M$86.5M$75.8M
Revenue growth—-0.4%-13.2%-25.9%35.6%-14.2%59.4%-37.6%-13.8%-12.4%
Gross profit$27.9M$25.5M$20.0M$5.82M$13.7M$5.70M$11.0M$4.75M$1000K$6.69M
Gross margin20.6%18.9%17.1%6.7%11.6%5.6%6.8%4.7%1.2%8.8%
Operating income$18.2M$13.0M$4.68M-$11.2M$3.90M-$5.46M$1.46M-$5.30M-$9.58M-$8.21M
Operating margin13.4%9.6%4.0%-12.9%3.3%-5.4%0.9%-5.3%-11.1%-10.8%
Net income$11.5M$7.31M$1.66M-$10.5M$2.22M-$5.55M$906K-$16.6M-$9.95M-$9.84M
Net margin8.5%5.4%1.4%-12.2%1.9%-5.5%0.6%-16.5%-11.5%-13.0%
EPS (diluted)$0.57$0.34$0.08-$0.49$0.10-$0.21$0.10-$1.66-$0.99-$0.98

Cash flow

IT TECH PACKAGING, INC. (ITP) cash flow, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Operating cash flow$21.2M$15.3M$18.2M$9.17M$7.53M$16.1M-$2.44M$10.7M$12.9M$6.30M
Capital expenditures$19.3M$11.6M$9.38M$2.20M$6.42M$21.1M$25.1M$4.53M$22.3M$330K
Free cash flow$1.87M$3.69M$8.77M$6.97M$1.11M-$4.96M-$27.5M$6.19M-$9.42M$5.97M

Balance sheet

IT TECH PACKAGING, INC. (ITP) balance sheet, annual, from SEC filings
Fiscal yearFY2015FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash & equivalents$2.64M$4.49M$9.02M$12.1M$5.84M$4.14M$11.2M$9.52M$4.39M$6.95M
Total assets$239M$208M$219M$203M$190M$200M$242M$204M$195M$178M
Total liabilities$62.8M$35.6M$33.7M$36.5M$24.2M$24.8M$25.8M$23.1M$26.4M$21.5M
Long-term debt$8.62M$8.07M$8.16M$4.52M$4.44M$9.59M$9.82M$4.20M$4.50M$1.11M
Shareholders' equity$176M$173M$185M$167M$166M$175M$216M$181M$168M$156M
Retained earnings———————$93.6M$83.6M$73.8M
Shares (wtd avg diluted)20.3M21.4M21.5M21.6M22.0M26.5M9.13M9.97M10.1M10.1M

Every figure is extracted from IT TECH PACKAGING, INC.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is IT TECH PACKAGING, INC.'s annual revenue?
IT TECH PACKAGING, INC. (ITP) reported $75.8M of revenue for fiscal year 2024 — down 12.4% from $86.5M in FY2023, per its annual report filed with the SEC.
Is IT TECH PACKAGING, INC. profitable?
Not in FY2024 — ITP reported a net loss of $9.84M, per SEC filings.
What is IT TECH PACKAGING, INC.'s free cash flow?
$5.97M in FY2024 (operating cash flow $6.30M minus $330K of capital expenditures), from the SEC cash-flow statement.
Does ITP pay a dividend?
IT TECH PACKAGING, INC. reported no cash dividends paid in FY2024, per its SEC cash-flow statement.
Full ITP analysis — verdict, score & filings →Is ITP a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.