IT Tech Packaging Inc
IT Tech Packaging, Inc., together with its subsidiaries, produces and distributes paper products in the People's Republic of China. It operates in three segments: Dongfang Paper, Tengsheng Paper, and Baoding Shengde. The company offers corrugating medium papers to companies making corrugating cardboard; and offset printing papers to printing companies. It also provides tissue paper products, incl… Read more
IT Tech Packaging Inc (ITP) - Net Assets
Latest net assets as of September 2025: $152.05 Million USD
Based on the latest financial reports, IT Tech Packaging Inc (ITP) has net assets worth $152.05 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($175.70 Million) and total liabilities ($23.65 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $152.05 Million |
| % of Total Assets | 86.54% |
| Annual Growth Rate | 61.46% |
| 5-Year Change | -10.87% |
| 10-Year Change | -11.24% |
| Growth Volatility | 23143.9 |
IT Tech Packaging Inc - Net Assets Trend (2005–2024)
This chart illustrates how IT Tech Packaging Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for IT Tech Packaging Inc (2005–2024)
The table below shows the annual net assets of IT Tech Packaging Inc from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $156.05 Million | -7.30% |
| 2023-12-31 | $168.34 Million | -7.16% |
| 2022-12-31 | $181.32 Million | -15.96% |
| 2021-12-31 | $215.75 Million | +23.23% |
| 2020-12-31 | $175.08 Million | +5.47% |
| 2019-12-31 | $166.00 Million | -0.33% |
| 2018-12-31 | $166.55 Million | -10.13% |
| 2017-12-31 | $185.33 Million | +7.28% |
| 2016-12-31 | $172.76 Million | -1.74% |
| 2015-12-31 | $175.81 Million | +0.49% |
| 2014-12-31 | $174.95 Million | +8.63% |
| 2013-12-31 | $161.05 Million | +12.81% |
| 2012-12-31 | $142.77 Million | +11.95% |
| 2011-12-31 | $127.53 Million | +25.59% |
| 2010-12-31 | $101.54 Million | +80.44% |
| 2009-12-31 | $56.27 Million | +139.33% |
| 2008-12-31 | $23.51 Million | 0.00% |
| 2007-12-31 | $23.51 Million | +30.40% |
| 2006-12-31 | $18.03 Million | +103663.03% |
| 2005-12-31 | $17.38K | -- |
Equity Component Analysis
This analysis shows how different components contribute to IT Tech Packaging Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7379201400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $73.79 Million | 47.28% |
| Common Stock | $10.07K | 0.01% |
| Other Comprehensive Income | $-6.92 Million | -4.43% |
| Other Components | $89.17 Million | 57.14% |
| Total Equity | $156.05 Million | 100.00% |
IT Tech Packaging Inc Competitors by Market Cap
The table below lists competitors of IT Tech Packaging Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avecho Biotechnology Limited
PINK:AVEFF
|
$3.10 Million |
|
Zena Mining Corp
V:ZCC-H
|
$3.10 Million |
|
Transatlantic Mining Corp
PINK:TRRGF
|
$3.11 Million |
|
Gateway Real Estate AG
XETRA:GTY
|
$3.11 Million |
|
Asuransi Dayin Mitra Tbk
JK:ASDM
|
$3.10 Million |
|
AlphaTON Capital Corp.
NASDAQ:ATON
|
$3.10 Million |
|
Investsmart Group Ltd
AU:INV
|
$3.10 Million |
|
Health Empire Corp. PCL
BK:HEALTH
|
$3.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IT Tech Packaging Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 168,336,863 to 156,050,317, a change of -12,286,546 (-7.3%).
- Net loss of 9,843,094 reduced equity.
- Other comprehensive income decreased equity by 2,443,452.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.84 Million | -6.31% |
| Other Comprehensive Income | $-2.44 Million | -1.57% |
| Total Change | $- | -7.30% |
Book Value vs Market Value Analysis
This analysis compares IT Tech Packaging Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.50x to 0.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.08 | $0.19 | x |
| 2006-12-31 | $23.90 | $0.19 | x |
| 2007-12-31 | $23.45 | $0.19 | x |
| 2008-12-31 | $23.45 | $0.19 | x |
| 2009-12-31 | $46.00 | $0.19 | x |
| 2010-12-31 | $58.24 | $0.19 | x |
| 2011-12-31 | $69.50 | $0.19 | x |
| 2012-12-31 | $77.35 | $0.19 | x |
| 2013-12-31 | $87.25 | $0.19 | x |
| 2014-12-31 | $90.78 | $0.19 | x |
| 2015-12-31 | $86.54 | $0.19 | x |
| 2016-12-31 | $80.67 | $0.19 | x |
| 2017-12-31 | $86.40 | $0.19 | x |
| 2018-12-31 | $77.04 | $0.19 | x |
| 2019-12-31 | $75.33 | $0.19 | x |
| 2020-12-31 | $66.07 | $0.19 | x |
| 2021-12-31 | $36.05 | $0.19 | x |
| 2022-12-31 | $18.18 | $0.19 | x |
| 2023-12-31 | $16.72 | $0.19 | x |
| 2024-12-31 | $15.50 | $0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IT Tech Packaging Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.31%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.98%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.14x
- Recent ROE (-6.31%) is below the historical average (3.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -35.23% | 0.00% | 0.00x | 1.17x | $-7.86K |
| 2006 | 17.71% | 10.45% | 0.79x | 2.14x | $1.39 Million |
| 2007 | 17.27% | 10.23% | 1.08x | 1.56x | $1.71 Million |
| 2008 | 17.27% | 10.23% | 1.08x | 1.56x | $1.71 Million |
| 2009 | 22.60% | 12.45% | 1.42x | 1.27x | $7.09 Million |
| 2010 | 15.32% | 12.54% | 1.07x | 1.14x | $5.40 Million |
| 2011 | 16.98% | 14.36% | 1.04x | 1.14x | $8.90 Million |
| 2012 | 10.28% | 9.71% | 0.93x | 1.14x | $395.78K |
| 2013 | 8.08% | 10.35% | 0.60x | 1.30x | $-3.09 Million |
| 2014 | 6.69% | 8.54% | 0.57x | 1.37x | $-5.79 Million |
| 2015 | 6.57% | 8.53% | 0.57x | 1.36x | $-6.04 Million |
| 2016 | 4.23% | 5.43% | 0.65x | 1.21x | $-9.96 Million |
| 2017 | 0.90% | 1.42% | 0.53x | 1.18x | $-16.87 Million |
| 2018 | -6.33% | -12.16% | 0.43x | 1.22x | $-27.20 Million |
| 2019 | 1.34% | 1.89% | 0.62x | 1.15x | $-14.38 Million |
| 2020 | -3.17% | -5.50% | 0.51x | 1.14x | $-23.06 Million |
| 2021 | 0.42% | 0.56% | 0.67x | 1.12x | $-20.67 Million |
| 2022 | -9.14% | -16.51% | 0.49x | 1.13x | $-34.70 Million |
| 2023 | -5.91% | -11.49% | 0.44x | 1.16x | $-26.78 Million |
| 2024 | -6.31% | -12.98% | 0.43x | 1.14x | $-25.45 Million |
Industry Comparison
This section compares IT Tech Packaging Inc's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $20,357,764,444
- Average return on equity (ROE) among peers: 5.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IT Tech Packaging Inc (ITP) | $152.05 Million | -35.23% | 0.16x | $3.10 Million |
| BillerudKorsnäs AB (publ) (BLRDF) | $28.98 Billion | 6.03% | 0.73x | $2.08 Billion |
| Canfor Pulp Products Inc (CFPUF) | $427.40 Million | -18.51% | 0.77x | $14.25 Million |
| Clearwater Paper Corporation (CLW) | $854.40 Million | -12.98% | 0.97x | $207.12 Million |
| Glatfelter (GLT) | $371.43 Million | 3.41% | 1.77x | $59.22 Million |
| Holmen AB (publ) (HLMMF) | $56.92 Billion | 6.49% | 0.40x | $3.34 Billion |
| JPPPF (JPPPF) | $89.87 Billion | 4.06% | 2.58x | $339.45 Million |
| Klabin Sa A (KLBAY) | $2.17 Billion | 21.02% | 1.02x | $7.37 Billion |
| Mercer International Inc (MERC) | $288.77 Million | 28.89% | 4.95x | $79.08 Million |
| Mondi plc (MNODF) | $3.34 Billion | 6.98% | 1.06x | $5.78 Billion |