AMEX:ITP

Stock Analysis Report

Executive Summary

IT Tech Packaging, Inc. produces and distributes paper products in the People’s Republic of China.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has IT Tech Packaging's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: ITP's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

8.9%

ITP

-1.9%

US Forestry

-1.1%

US Market


1 Year Return

-43.1%

ITP

-40.9%

US Forestry

-13.6%

US Market

Return vs Industry: ITP exceeded the US Forestry industry which returned -38.6% over the past year.

Return vs Market: ITP underperformed the US Market which returned -10.7% over the past year.


Shareholder returns

ITPIndustryMarket
7 Day8.9%-1.9%-1.1%
30 Day-20.4%-33.7%-17.8%
90 Day-28.6%-40.7%-22.5%
1 Year-43.1%-43.1%-38.9%-40.9%-11.9%-13.6%
3 Year-39.3%-39.3%-34.1%-39.4%12.1%4.9%
5 Year-62.5%-62.5%-40.2%-47.7%30.5%16.3%

Price Volatility Vs. Market

How volatile is IT Tech Packaging's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is IT Tech Packaging undervalued compared to its fair value and its price relative to the market?

6.32x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ITP ($0.62) is trading above our estimate of fair value ($0.01)

Significantly Below Fair Value: ITP is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: ITP is good value based on its PE Ratio (6.2x) compared to the Forestry industry average (10.5x).

PE vs Market: ITP is good value based on its PE Ratio (6.2x) compared to the US market (13.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ITP's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ITP is good value based on its PB Ratio (0.1x) compared to the US Forestry industry average (0.8x).


Next Steps

Future Growth

How is IT Tech Packaging forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

50.2%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IT Tech Packaging has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has IT Tech Packaging performed over the past 5 years?

-57.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ITP has high quality earnings.

Growing Profit Margin: ITP became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ITP's earnings have declined by -57.1% per year over the past 5 years.

Accelerating Growth: ITP has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ITP has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (-9.6%).


Return on Equity

High ROE: ITP's Return on Equity (1.3%) is considered low.


Next Steps

Financial Health

How is IT Tech Packaging's financial position?


Financial Position Analysis

Short Term Liabilities: ITP's short term assets ($24.0M) exceed its short term liabilities ($16.8M).

Long Term Liabilities: ITP's short term assets ($24.0M) exceed its long term liabilities ($7.4M).


Debt to Equity History and Analysis

Debt Level: ITP's debt to equity ratio (9.1%) is considered satisfactory.

Reducing Debt: ITP's debt to equity ratio has reduced from 15.9% to 9.1% over the past 5 years.

Debt Coverage: ITP's debt is well covered by operating cash flow (49.7%).

Interest Coverage: ITP's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet

Inventory Level: ITP has a high level of physical assets or inventory.

Debt Coverage by Assets: ITP's debt is covered by short term assets (assets are 1.6x debt).


Next Steps

Dividend

What is IT Tech Packaging's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate ITP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate ITP's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if ITP's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if ITP's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: ITP is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of ITP's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

12.4yrs

Average management tenure


CEO

Zhenyong Liu (56yo)

12.42s

Tenure

US$34,809

Compensation

Zhenyong Liu has become a member of the Board and was appointed Chairman of the Board of Carlateral, Inc., since November 30, 2007,. Mr. Liu has also served as the Company's Chief Executive Officer since N ...


CEO Compensation Analysis

Compensation vs Market: Zhenyong's total compensation ($USD34.81K) is below average for companies of similar size in the US market ($USD605.16K).

Compensation vs Earnings: Zhenyong's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Zhenyong Liu
Chairman & CEO12.42yrsUS$34.81k23.42% $3.3m
Jing Hao
Chief Financial Officer5.42yrsUS$34.81k0.045% $6.4k
Fuzeng Liu
VP & Director12.42yrsUS$7.55k0.023% $3.2k
Dahong Zhou
Secretary12.42yrsUS$4.21k0.018% $2.5k
Gengqi Yang
Vice President of Salesno datano datano data
Manhua Zhang
Chief Engineer of Digital Photo Paper Production Line10.17yrsno datano data
Xiaodong Liu
General Manager of Hebei Baoding Orient Paper Milling Company Limited12.42yrsno datano data

12.4yrs

Average Tenure

45yo

Average Age

Experienced Management: ITP's management team is seasoned and experienced (12.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zhenyong Liu
Chairman & CEO12.42yrsUS$34.81k23.42% $3.3m
Fuzeng Liu
VP & Director12.42yrsUS$7.55k0.023% $3.2k
Wenbing Christopher Wang
Independent Director10.5yrsUS$20.00k0.14% $19.0k
Hon Wai Ku
Independent Director5.42yrsUS$20.00k0.034% $4.8k
Lusha Niu
Independent Director3.5yrsUS$7.25kno data

10.5yrs

Average Tenure

48yo

Average Age

Experienced Board: ITP's board of directors are seasoned and experienced ( 10.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

IT Tech Packaging, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: IT Tech Packaging, Inc.
  • Ticker: ITP
  • Exchange: AMEX
  • Founded: 1996
  • Industry: Paper Products
  • Sector: Materials
  • Market Cap: US$14.045m
  • Shares outstanding: 22.05m
  • Website: https://www.itpackaging.cn

Number of Employees


Location

  • IT Tech Packaging, Inc.
  • Science Park
  • Juli Road
  • Baoding
  • Hebei Province
  • 72550
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITPAMEX (NYSE MKT LLC)YesCommon StockUSUSDOct 2007
UOPNDB (Deutsche Boerse AG)YesCommon StockDEEUROct 2007

Biography

IT Tech Packaging, Inc. produces and distributes paper products in the People’s Republic of China. The company offers corrugating medium papers and offset printing papers. It also provides tissue paper products, including toilet papers, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Dongfang Paper brand. The company was formerly known as Orient Paper, Inc. and changed its name to IT Tech Packaging, Inc. in August 2018. IT Tech Packaging, Inc. was founded in 1996 and is headquartered in Baoding, the People’s’ Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/02 03:55
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.