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ITP · NYSE · United States · Converted Paper & Paperboard Prods (No Contaners/Boxes)
In shortIT TECH PACKAGING, INC. is loss-making, generates cash and holds more cash than debt, with revenue shrinking (−12.4% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -10.8% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -13.0% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -6.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -4.0% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 1.41× | 51/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.03× | 100/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -10.77× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 8.97 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 7.9% | 51/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 1 of 5 | 20/100 |
|---|---|---|
| Years of revenue decline (last 5) | 4 of 5 | 0/100 |
| Revenue growth volatility | 36.8% | 0/100 |
| Operating margin volatility | 4.9% | 64/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -22.2% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2024 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 | FY23 | FY24 |
|---|---|---|---|---|---|
| Revenue | 101 | 161 | 100 | 87 | 76 |
| Cost of revenue | – | – | 96 | 86 | 69 |
| Gross profit | 5.7 | 11 | 4.8 | 1 | 6.7 |
| Research & development | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Selling, general & admin | 11 | 9.6 | 10 | 9.1 | 15 |
| Operating income | (5.5) | 1.5 | (5.3) | (9.6) | (8.2) |
| Interest expense | 1 | 1.1 | 1 | 1 | 0.8 |
| Pre-tax income | (6.7) | – | (4.9) | (9.6) | (9) |
| Income tax | (1.1) | 5.5 | 12 | 0.3 | 0.9 |
| Net income | (5.6) | 0.9 | (17) | (9.9) | (9.8) |
| Diluted EPS | −$0.21 | $0.10 | −$1.66 | −$0.99 | −$0.98 |
| Diluted shares (millions) | 26 | 9.1 | 10 | 10 | 10 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
8.97 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Sep 30, 2025 · Data updated Nov 13, 2025