About
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, including toilet paper, boxed and soft-packed tissues, handkerchief tissues, and paper napkins, as well as bathroom and kitchen paper towels under the Dongfang Paper brand. In addition, the company produces and sells digital photo paper, non-medical single-use face masks, and medical face masks. 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. is headquartered in Baoding, the People's' Republic of China.
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5 years, 4 months ago
IT Tech Packaging, Inc is currently in a long term downtrend where the price is trading 33.0% below its 200 day moving average.
From a valuation standpoint, the stock is 98.0% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 0.2.
IT Tech Packaging, Inc's total revenue sank by 3.4% to $32M since the same quarter in the previous year.
Its net income has dropped by 279.7% to $-4M since the same quarter in the previous year.
Finally, its free cash flow fell by 36295.5% to $-723M since the same quarter in the previous year.
Based on the above factors, IT Tech Packaging, Inc gets an overall score of 1/5.