It Tech Packaging (ITP) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
75.8M
Gross Profit
6.7M
8.82%
Operating Income
-8.1M
-10.69%
Net Income
-9.8M
-12.98%
EPS (Diluted)
-$0.98
Balance Sheet Metrics
Total Assets
177.5M
Total Liabilities
21.5M
Shareholders Equity
156.1M
Debt to Equity
0.14
Cash Flow Metrics
Operating Cash Flow
4.9M
Free Cash Flow
6.0M
Revenue & Profitability Trend
It Tech Packaging Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 75.8M | 86.5M | 100.4M | 160.9M | 100.9M |
| Cost of Goods Sold | 69.1M | 85.5M | 95.6M | 149.9M | 95.2M |
| Gross Profit | 6.7M | 999.9K | 4.8M | 11.0M | 5.7M |
| Operating Expenses | 14.8M | 9.1M | 10.1M | 9.4M | 10.9M |
| Operating Income | -8.1M | -8.1M | -5.3M | 1.7M | -5.2M |
| Pre-tax Income | -9.0M | -9.6M | -4.9M | 6.5M | -6.7M |
| Income Tax | 879.2K | 347.0K | 11.7M | 5.5M | -1.1M |
| Net Income | -9.8M | -9.9M | -16.6M | 905.5K | -5.6M |
| EPS (Diluted) | -$0.98 | -$0.99 | -$1.66 | $0.20 | -$2.10 |
Income Statement Trend
It Tech Packaging Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 28.5M | 28.4M | 47.2M | 55.5M | 14.9M |
| Non-Current Assets | 149.1M | 166.4M | 157.3M | 186.0M | 185.0M |
| Total Assets | 177.5M | 194.7M | 204.4M | 241.5M | 199.9M |
| Liabilities | |||||
| Current Liabilities | 20.1M | 21.4M | 17.6M | 20.4M | 18.3M |
| Non-Current Liabilities | 1.3M | 5.0M | 5.5M | 5.4M | 6.5M |
| Total Liabilities | 21.5M | 26.4M | 23.1M | 25.8M | 24.8M |
| Equity | |||||
| Total Shareholders Equity | 156.1M | 168.3M | 181.3M | 215.7M | 175.1M |
Balance Sheet Composition
It Tech Packaging Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | -9.8M | -9.9M | -16.6M | 905.5K | -5.6M |
| Operating Cash Flow | 4.9M | 3.5M | 15.3M | 10.6M | 12.8M |
| Investing Activities | |||||
| Capital Expenditures | -329.6K | -22.2M | -10.9M | -25.1M | -20.5M |
| Investing Cash Flow | -329.6K | -22.2M | -10.9M | -25.1M | -20.5M |
| Financing Activities | |||||
| Dividends Paid | - | - | - | - | - |
| Financing Cash Flow | -6.6M | -3.2M | -7.0M | 34.2M | -4.2M |
| Free Cash Flow | 6.0M | -9.4M | -179.1K | -27.5M | -5.0M |
Cash Flow Trend
It Tech Packaging Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
-0.20
Price to Book
0.01
Price to Sales
0.04
PEG Ratio
0.20
Profitability Ratios
Profit Margin
-12.02%
Operating Margin
-30.99%
Return on Equity
-6.06%
Return on Assets
-2.71%
Financial Health
Current Ratio
1.41
Debt to Equity
6.68
Beta
-0.94
Per Share Data
EPS (TTM)
-$0.96
Book Value per Share
$15.18
Revenue per Share
$7.94
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| itp | 3.4M | -0.20 | 0.01 | -6.06% | -12.02% | 6.68 |
| Sylvamo | 2.1B | 7.46 | 2.28 | 31.83% | 7.75% | 97.91 |
| Mercer International | 234.0M | 4.58 | 0.54 | -17.96% | -4.55% | 347.56 |
| Clearwater Paper | 437.3M | 1,332.50 | 0.52 | -10.23% | 11.50% | 35.01 |
| Magnera | 425.8M | -0.55 | 0.39 | -30.78% | -9.90% | 189.48 |
| Magnera | 73.7M | -0.89 | 0.36 | -30.65% | -5.08% | 445.92 |
Financial data is updated regularly. All figures are in the company's reporting currency.