Security
ITP · IT TECH PACKAGING, INC.
ITPNYSE_AMERICANCommon stockCurrentCIK 1358190Updated Sep 27, 2026
Name history
Orient Paper Inc. · through Jul 20, 2018CARLATERAL, INC. · through Dec 28, 2007
ITP price & chart
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AMEX:ITP on TradingView ↗About the company
Founded in 1996, IT Tech Packaging, Inc. is a leading manufacturer and distributor of diversified paper products in North China. Using recycled paper as its primary raw material (with the exception of its tissue paper products), ITP produces and distributes three categories of paper products: corrugating medium paper, offset printing paper and tissue paper products. With production based in Baoding and Xingtai in North China’s Hebei Province, ITP is located strategically close the Beijing and Tianjin region, home to a growing base of industrial and manufacturing activities and one of the largest markets for paper products consumption in the country. ITP has been listed on the NYSE American since December 2009. For more information, please visit: www.itpackaging.cn.
In the news
IT Tech Packaging, Inc. to Hold Annual General Meeting of Stockholders on October 31, 2025 News provided by IT Tech Packaging, Inc. Sep 08, 2025, 18:26 ET Share this article Share to X Share this article Share to X BAODING, China , Sept. 8, 2025 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American ↗
Recent filings
Changes in Registrant's Certifying Accountant
Items 4.01, 9.01
Changes in Registrant's Certifying Accountant
Items 4.01, 9.01
NT 10-Q filing
NT 10-Q filing
Changes in Registrant's Certifying Accountant
Items 4.01, 9.01
Show 5 more recent filings
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Items 3.01, 7.01, 9.01
NT 10-K filing
10-Q filing
Submission of Matters to a Vote of Security Holders · Other Events
Items 5.07, 8.01, 9.01
Other Events
Items 8.01, 9.01
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 177,546,786Source | 194,743,649Source | 204,447,233Source | 241,535,202Source |
| Property, Plant and Equipment, NetUSD | 146,911,883Source | 163,974,022Source | 151,569,898Source | 126,587,428Source |
| Current assets: | ||||
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 287,576Source | 575,526Source | — | — |
| Inventory, NetUSD | 2,351,876Source | 3,555,235Source | 2,872,622Source | 5,844,895Source |
| Assets, CurrentUSD | 28,461,303Source | 28,357,901Source | 47,166,475Source | 55,516,149Source |
| Prepaid Expense and Other Assets, CurrentUSD | 17,951,267Source | 18,981,290Source | 27,207,127Source | 25,796,640Source |
| Operating Lease, Right-of-Use AssetUSD | 421,868Source | 528,648Source | 672,722Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 21,496,469Source | 26,406,786Source | 23,123,341Source | 25,785,294Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 10,066Source | 10,066Source | 10,066Source | 99,050Source |
| Additional Paid in CapitalUSD | — | — | 89,172,771Source | 88,927,787Source |
| Retained Earnings (Accumulated Deficit)USD | 73,785,892Source | 83,628,986Source | — | — |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -12,998,986Source | -10,555,534Source | -7,514,540Source | 10,496,168Source |
| Stockholders' Equity Attributable to ParentUSD | 156,050,317Source | 168,336,863Source | 181,323,892Source | 215,749,908Source |
| Additional Paid in Capital, Common StockUSD | 89,172,771Source | 89,172,771Source | — | — |
| Liabilities and EquityUSD | 177,546,786Source | 194,743,649Source | 204,447,233Source | 241,535,202Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 20,146,767Source | 21,418,934Source | 17,640,629Source | 20,434,352Source |
| Operating Lease, Liability, CurrentUSD | 245,604Source | 100,484Source | 224,497Source | 210,161Source |
| Accounts Payable, CurrentUSD | 1Source | 4,991Source | 5,025Source | 10,255Source |
| Operating Lease, Liability, NoncurrentUSD | 231,147Source | 483,866Source | 579,997Source | 152,233Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 304,600Source | 598,319Source | 608,465Source | 664,666Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 9,040,002Source | 9,818,530Source |
| Long-term Debt, Current MaturitiesUSD | 3,559,902Source | 6,874,497Source | — | — |
| Long-term Debt, Excluding Current MaturitiesUSD | 1,112,904Source | 4,503,932Source | — | — |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | -16,571,308Source | 905,535Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | — | 14,225,990Source | 14,788,036Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -240,346Source | -280,970Source | -3,750,196Source | 2,430,495Source |
| Increase (Decrease) in InventoriesUSD | -432,189Source | 736,267Source | -2,554,072Source | 4,531,263Source |
| Increase (Decrease) in Accounts PayableUSD | — | 50Source | — | — |
| Deferred Income Tax Expense (Benefit)USD | — | — | 10,261,104Source | 2,730,050Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 6,299,469Source | 12,871,086Source | 10,719,388Source | -2,436,071Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | — | 6,364,439Source | — |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -329,611Source | -22,239,297Source | -10,898,531Source | -25,071,372Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 329,611Source | — | 4,534,092Source | 25,071,372Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -3,256,696Source | 4,410,099Source | -879,596Source | 34,193,824Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 2,558,655Source | -5,132,947Source | -1,676,744Source | 7,059,175Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 6,950,576Source | 4,391,921Source | 9,524,868Source | 11,201,612Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,812,864Source | 1,484,461Source | 320,568Source | 577,194Source |
| Income Taxes Paid, NetUSD | 797,473Source | 759,458Source | 2,049,911Source | 1,970,984Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -154,507Source | -174,835Source | -618,005Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | — | — | 156,000Source | — |
| Deferred Other Tax Expense (Benefit)USD | — | — | 10,261,104Source | — |
| Derivative, Gain (Loss) on Derivative, NetUSD | -5,597Source | — | — | -16,693,873Source |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on DisposalUSD | — | — | 30,992Source | — |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 1,417,251Source | 5,880,526Source |
| Gain (Loss) on Disposition of AssetsUSD | — | -1,500,298Source | — | — |
| Gain (Loss) on Sale of DerivativesUSD | -5,597Source | 646,229Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -102,490Source | -1,608,542Source | — | — |
| Gain (Loss) on Sale of Assets and Asset Impairment ChargesUSD | -102,490Source | — | — | — |
| Income Tax Expense (Benefit)USD | 879,194Source | 346,954Source | 11,711,339Source | 5,546,954Source |
| InterestExpenseNonoperatingUSD | 762,377Source | — | — | — |
| Inventory Write-downUSD | 730,490Source | 2,970Source | — | — |
| Investment Income, InterestUSD | 14,793Source | 315,096Source | 24,264Source | 38,766Source |
| Net Income (Loss) Attributable to ParentUSD | -9,843,094Source | -9,946,035Source | -16,571,308Source | 905,535Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -9,843,094Source | -9,946,035Source | -16,571,308Source | 905,535Source |
| Proceeds from Issuance of Long-term DebtUSD | — | 3,769,948Source | — | — |
| Unrealized Gain (Loss) on DerivativesUSD | — | 646,229Source | 1,417,251Source | 5,880,526Source |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 75,837,943Source | 86,546,950Source | 100,352,434Source | 160,881,720Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 14,799,969Source | 9,075,475Source | 10,058,723Source | 9,558,190Source |
| Operating Income (Loss)USD | -8,210,719Source | -9,575,888Source | -5,304,527Source | 1,459,369Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -8,963,900Source | -9,599,081Source | — | — |
| Income Tax Expense (Benefit)USD | 879,194Source | 346,954Source | 11,711,339Source | 5,546,954Source |
| Net Income (Loss) Attributable to ParentUSD | -9,843,094Source | -9,946,035Source | -16,571,308Source | 905,535Source |
| Earnings Per Share, BasicUSD per share | -0.98Source | -0.99Source | -1.66Source | — |
| Earnings Per Share, DilutedUSD per share | -0.98Source | -0.99Source | -1.66Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 10,065,920Source | 10,065,920Source | 9,972,788Source | 59,849,082Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 10,065,920Source | 10,065,920Source | 9,972,788Source | — |
| Interest Expense (non-operating)USD | 762,377Source | — | — | — |
| Additional Financial Items | ||||
| Current Income Tax Expense (Benefit)USD | — | — | 1,435,173Source | 2,802,187Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 14,221,082Source | 14,225,990Source | 14,788,036Source | 15,358,452Source |
| Gain (Loss) on Derivative Instruments, Net, PretaxUSD | — | — | 1,417,251Source | 5,880,526Source |
| Gross ProfitUSD | 6,691,740Source | 999,885Source | 4,754,196Source | 11,017,559Source |
| Interest ExpenseUSD | — | 984,518Source | 1,027,951Source | 1,124,702Source |
| Investment Income, InterestUSD | 14,793Source | 315,096Source | 24,264Source | 38,766Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -9,843,094Source | -9,946,035Source | -16,571,308Source | 905,535Source |
| Research and Development ExpenseUSD | 99,610Source | 90,766Source | 145,538Source | 101,410Source |
Filing attachments
ea028695801ex99-1.htm · 8-K · 2026-04-20
EX-99.1 2 ea028695801ex99-1.htm PRESS RELEASE DATED APRIL 20, 2026 Exhibit 99.1 IT Tech Packaging, Inc. Announces Receipt of Notice of Non-Compliance with NYSE Continued Listing Requirements BAODING, China, April 20, 2026 - (PRNewswire) - IT Tech Packaging Inc. (NYSE American: ITP) (“IT Tech Packaging” or the “Company”), a leading manufacturer and distributor of diversified paper products in North China, received an official notice of noncompliance (the “NYSE American Notice”) from NYSE R…
Read attachment ↗ea026342301ex99-1_ittech.htm · 8-K · 2025-10-31
EX-99.1 2 ea026342301ex99-1_ittech.htm PRESS RELEASE DATED OCTOBER 31, 2025, ANNOUNCING THE RESULTS OF ANNUAL GENERAL MEETING Exhibit 99.1 IT Tech Packaging, Inc. Announces Results of 2025 Annual General Meeting of Stockholders BAODING, China, October 31, 2025 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) (“IT Tech Packaging” or the “Company”), a leading manufacturer and distributor of diversified paper products in North China, today announced the results of the Company’s 20…
Read attachment ↗ea025699401ex99-1_ittech.htm · 8-K · 2025-09-11
EX-99.1 2 ea025699401ex99-1_ittech.htm PRESS RELEASE DATED SEPTEMBER 11, 2025 Exhibit 99.1 IT Tech Packaging, Inc. Provides Response to Unusual Market Action BAODING, China, September 11, 2025 /PRNewswire/ -- IT Tech Packaging, Inc. (“IT Tech Packaging”, the “Company”) (NYSE American: ITP) announced today that the Company had become aware of unusual trading activity in its common stock on the NYSE American LLC (the “NYSE American”) on September 8 and September 9, 2025. The Company is issui…
Read attachment ↗ea024210501ex99-1_ittech.htm · 8-K · 2025-05-15
EX-99.1 5 ea024210501ex99-1_ittech.htm PRESS RELEASE, DATED MAY 13, 2025 Exhibit 99.1 IT TECH PACKAGING ANNOUNCES PRICING OF $1.4 MILLION PUBLIC OFFERING BAODING, China, May 13, 2025 - (PRNewswire) - IT Tech Packaging Inc. (NYSE American: ITP) (“IT Tech Packaging” or the “Company”), a leading manufacturer and distributor of diversified paper products in North China, today announced the pricing of a public offering of 6,899,500 shares of its common stock at a price to the public of $0.20 pe…
Read attachment ↗