IT Tech Packaging Inc (ITP) - Total Assets
Based on the latest financial reports, IT Tech Packaging Inc (ITP) holds total assets worth $175.70 Million USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See ITP net asset value for net asset value and shareholders' equity analysis.
IT Tech Packaging Inc - Total Assets Trend (2005–2024)
This chart illustrates how IT Tech Packaging Inc's total assets have evolved over time, based on quarterly financial data.
IT Tech Packaging Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
IT Tech Packaging Inc's total assets of $175.70 Million consist of 16.0% current assets and 84.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $5.92 Million | 3.3% |
| Accounts Receivable | $13.50 Million | 7.6% |
| Inventory | $2.35 Million | 1.3% |
| Property, Plant & Equipment | $147.33 Million | 83.0% |
| Intangible Assets | $80.31 Million | 45.2% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2005–2024)
This chart illustrates how IT Tech Packaging Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see IT Tech Packaging Inc (ITP) market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: IT Tech Packaging Inc's current assets represent 16.0% of total assets in 2024, an increase from 0.0% in 2005.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, up from 0.0% in 2005.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 45.0% of total assets, an increase from 0.0% in 2005.
- Asset Diversification: The largest asset category is property, plant & equipment at 83.0% of total assets.
IT Tech Packaging Inc Competitors by Total Assets
Key competitors of IT Tech Packaging Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Asia Paper
KO:002310
|
Korea | ₩1.03 Trillion |
|
United Paper Public Company Limited
BK:UTP
|
Thailand | ฿5.17 Billion |
|
Inter-Delta Tbk
JK:INTD
|
Indonesia | Rp39.91 Billion |
|
Celulosa Argentina SA
BA:CELU
|
Argentina | AR$442.37 Billion |
|
Suzano S.A.
SA:SUZB3
|
Brazil | R$165.83 Billion |
|
Klabin S.A.
SA:KLBN11
|
Brazil | R$63.80 Billion |
|
Klabin S.A
SA:KLBN3
|
Brazil | R$63.80 Billion |
|
Canfor Pulp Products Inc.
TO:CFX
|
Canada | CA$334.10 Million |
IT Tech Packaging Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.92 | 1.59 | 0.81 |
| Quick Ratio | 1.34 | 1.31 | 0.75 |
| Cash Ratio | 0.43 | 0.21 | 0.00 |
| Working Capital | $17.10 Million | $12.22 Million | $-3.43 Million |
IT Tech Packaging Inc - Advanced Valuation Insights
This section examines the relationship between IT Tech Packaging Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.02 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | -8.8% |
| Total Assets | $177.55 Million |
| Market Capitalization | $3.24 Million USD |
Valuation Analysis
Below Book Valuation: The market values IT Tech Packaging Inc's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: IT Tech Packaging Inc's assets decreased by 8.8% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for IT Tech Packaging Inc (2005–2024)
The table below shows the annual total assets of IT Tech Packaging Inc from 2005 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $177.55 Million | -8.83% |
| 2023-12-31 | $194.74 Million | -4.75% |
| 2022-12-31 | $204.45 Million | -15.36% |
| 2021-12-31 | $241.54 Million | +20.84% |
| 2020-12-31 | $199.87 Million | +5.09% |
| 2019-12-31 | $190.20 Million | -6.34% |
| 2018-12-31 | $203.08 Million | -7.27% |
| 2017-12-31 | $218.99 Million | +5.09% |
| 2016-12-31 | $208.38 Million | -12.68% |
| 2015-12-31 | $238.63 Million | -0.48% |
| 2014-12-31 | $239.77 Million | +14.43% |
| 2013-12-31 | $209.53 Million | +28.66% |
| 2012-12-31 | $162.85 Million | +12.34% |
| 2011-12-31 | $144.96 Million | +25.50% |
| 2010-12-31 | $115.51 Million | +61.10% |
| 2009-12-31 | $71.70 Million | +95.21% |
| 2008-12-31 | $36.73 Million | 0.00% |
| 2007-12-31 | $36.73 Million | -5.00% |
| 2006-12-31 | $38.66 Million | +189627.51% |
| 2005-12-31 | $20.38K | -- |
About 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