IT Tech Packaging, Inc. (ITP)Basic Materials | Paper & Paper Products | Baoding, China | NYSE American
0.19 USD
+0.01
(3.769%)
⇧
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 0.18 -0.01 (-0.012%) ⇩ (Aug. 28, 2026, 7:35 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:47 a.m. EDT
The investment case for IT Tech Packaging is structurally broken. The company has endured nine consecutive years of negative annual returns, with the stock price collapsing 98% over the last decade. This is not a temporary downturn; it is a fundamental implosion where the market has permanently reassessed the business quality. Fundamentals confirm the disaster: the company is losing money, generating negative operating margins, and trading at a fraction of its book value due to severe impairment. There is no dividend to provide income, and the balance sheet shows debt exceeding cash reserves. While the stock is technically cheap, buying a business that has lost 98% of its value over nine years is a high-risk proposition. The recent price action shows the stock hovering near support with no signs of recovery, and the statistical forecasting models offer no confidence in a reversal. The options market reflects this despair, with traders buying deep out-of-the-money calls as a speculative gamble rather than a trade based on value. Until there is concrete evidence of a turnaround in revenue growth or profitability, this remains a strong sell/avoid candidate. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.050161 |
| AutoETS | 0.051033 |
| AutoARIMA | 0.058626 |
| AutoTheta | 0.059680 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 35% |
| H-stat | 0.81 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 9.34 |
| Attribute | Value |
|---|---|
| Sector | Basic Materials |
| Ex Dividend Date | 2013-11-25 |
| Last Dividend Date | 2013-11-25 |
| Debt to Equity Ratio | 6.702 |
| Revenue per Share | 6.201 |
| Market Cap | 3,175,926 |
| Beta | -0.24 |
| Profit Margins | -13.87% |
| Website | https://www.itpackaging.cn |
As of Aug. 22, 2026, 5:47 a.m. EDT: Options activity reveals a distinct asymmetry in speculative positioning. Call buyers are aggressively targeting deep out-of-the-money strikes (e.g., $2.50 and $7.50) with massive volume spikes relative to open interest, suggesting a 'lottery ticket' mentality rather than a calculated directional bet. Conversely, put buyers are concentrated in the money (below $1.50), indicating a hedge against further downside or a belief that the stock will remain depressed. The implied volatility is negligible for calls, reflecting a lack of pricing in for a near-term rally, while put IV remains elevated, confirming fear of continued weakness.
| Date | Dividend | Yield % |
|---|---|---|
| 2013-11-26 | 0.05 | 0.176056 |
| 2013-04-12 | 0.13 | 0.747126 |
| 2012-12-13 | 0.13 | 0.714286 |
| 2012-09-12 | 0.13 | 0.619048 |
| 2012-06-13 | 0.13 | 0.582960 |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.100000024 |
| Address1 | Science Park |
| Address2 | Juli Road Xushui District |
| All Time High | 151.5 |
| All Time Low | 0.15 |
| Ask | 0.1878 |
| Ask Size | 2,300 |
| Average Daily Volume10 Day | 166,520 |
| Average Daily Volume3 Month | 809,691 |
| Average Volume | 809,691 |
| Average Volume10Days | 166,520 |
| Beta | -0.236 |
| Bid | 0.1774 |
| Bid Size | 100 |
| Book Value | 8.962 |
| City | Baoding |
| Compensation As Of Epoch Date | 1,735,603,200 |
| Country | China |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 0.1872 |
| Current Ratio | 1.916 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,786,665,600 |
| Day High | 0.188 |
| Day Low | 0.1771 |
| Debt To Equity | 6.702 |
| Display Name | IT Tech Packaging |
| Dividend Date | 1,387,152,000 |
| Earnings Timestamp End | 1,755,259,200 |
| Earnings Timestamp Start | 1,754,909,940 |
| Ebitda | 4,713,104 |
| Ebitda Margins | 0.059710003 |
| Enterprise To Ebitda | 1.123 |
| Enterprise To Revenue | 0.067 |
| Enterprise Value | 5,292,775 |
| Eps Trailing Twelve Months | -0.91 |
| Esg Populated | 0 |
| Ex Dividend Date | 1,385,424,000 |
| Exchange | ASE |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 0.1812 |
| Fifty Day Average Change | 0.0059999973 |
| Fifty Day Average Change Percent | 0.033112567 |
| Fifty Two Week Change Percent | -10.000002 |
| Fifty Two Week High | 0.39 |
| Fifty Two Week High Change | -0.20279999 |
| Fifty Two Week High Change Percent | -0.52 |
| Fifty Two Week Low | 0.16 |
| Fifty Two Week Low Change | 0.027199998 |
| Fifty Two Week Low Change Percent | 0.17 |
| Fifty Two Week Range | 0.16 - 0.39 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,191,245,400,000 |
| Float Shares | 16,423,714 |
| Free Cashflow | 7,025,291 |
| Full Exchange Name | NYSE American |
| Full Time Employees | 383 |
| Fullday Change | 0.0068 |
| Fullday Change Percent | 3.7694 |
| Fullday Price | 0.1755 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.05688 |
| Gross Profits | 4,489,623 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.03193 |
| Held Percent Institutions | 0.04971 |
| Implied Shares Outstanding | 16,965,420 |
| Industry | Paper & Paper Products |
| Industry Disp | Paper & Paper Products |
| Industry Key | paper-paper-products |
| Is Earnings Date Estimate | 1 |
| Language | en-US |
| Last Dividend Date | 1,385,424,000 |
| Last Dividend Value | 0.05 |
| Last Fiscal Year End | 1,735,603,200 |
| Last Split Date | 1,657,238,400 |
| Last Split Factor | 1:10 |
| Long Business Summary | 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. |
| Long Name | IT Tech Packaging, Inc. |
| Market | us_market |
| Market Cap | 3,175,926 |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_38895194 |
| Most Recent Quarter | 1,759,190,400 |
| Net Income To Common | -10,948,723 |
| Next Fiscal Year End | 1,767,139,200 |
| Non Diluted Market Cap | 3,060,561 |
| Open | 0.18 |
| Operating Cashflow | 3,856,808 |
| Operating Margins | -0.03892 |
| Payout Ratio | 0.0 |
| Peg Ratio | 0.12 |
| Phone | 86 31 2869 8215 |
| Post Market Change | -0.011699989 |
| Post Market Change Percent | -6.2499943 |
| Post Market Price | 0.1755 |
| Post Market Time | 1,787,960,136 |
| Previous Close | 0.1804 |
| Price Hint | 4 |
| Price To Book | 0.020888194 |
| Price To Sales Trailing12 Months | 0.040234156 |
| Profit Margins | -0.1387 |
| Quick Ratio | 1.268 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | 0.0068 |
| Regular Market Change Percent | 3.7694 |
| Regular Market Day High | 0.188 |
| Regular Market Day Low | 0.1771 |
| Regular Market Day Range | 0.1771 - 0.188 |
| Regular Market Open | 0.18 |
| Regular Market Previous Close | 0.1804 |
| Regular Market Price | 0.1872 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 228,223 |
| Return On Assets | -0.03359 |
| Return On Equity | -0.06921 |
| Revenue Growth | 0.021 |
| Revenue Per Share | 6.201 |
| Sand P52 Week Change | 0.1966995 |
| Sector | Basic Materials |
| Sector Disp | Basic Materials |
| Sector Key | basic-materials |
| Shares Outstanding | 16,965,420 |
| Shares Percent Shares Out | 0.0251 |
| Shares Short | 426,082 |
| Shares Short Previous Month Date | 1,784,073,600 |
| Shares Short Prior Month | 232,037 |
| Short Name | IT Tech Packaging, Inc. |
| Short Percent Of Float | 0.025899999 |
| Short Ratio | 0.55 |
| Source Interval | 15 |
| Symbol | ITP |
| Total Cash | 8,072,936 |
| Total Cash Per Share | 0.476 |
| Total Debt | 10,189,785 |
| Total Revenue | 78,936,064 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -0.91 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 0.2025 |
| Two Hundred Day Average Change | -0.015300006 |
| Two Hundred Day Average Change Percent | -0.075555585 |
| Type Disp | Equity |
| Volume | 228,223 |
| Website | https://www.itpackaging.cn |
| Zip | 72,550 |