OverviewSuggest Edit

IT Tech Packaging (formerly known as Orient Paper) is a company engaged in paper manufacturing. Using recycled paper as its primary raw material, the company produces and distributes three categories of paper products: packaging paper, offset printing paper, and other paper products, which include digital photo paper and tissue paper.

TypePublic
Founded1996
HQBaoding Shi, CN
Websiteitpackaging.cn

Latest Updates

Employees (est.) (Dec 2019)428(-20%)
Revenue (FY, 2020)$100.9 M(-14%)
Share Price (Sept 2021)$0.4(+2%)
Cybersecurity ratingBMore
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Key People/Management at IT Tech Packaging

Zhenyong Liu

Zhenyong Liu

Chairman and CEO
Fuzeng Liu

Fuzeng Liu

Director, Vice President
Marco Ku Hon Wai

Marco Ku Hon Wai

Independent Director
Wenbing Christopher Wang

Wenbing Christopher Wang

Independent Director
Lusha Niu

Lusha Niu

Independent Director
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IT Tech Packaging Office Locations

IT Tech Packaging has offices in Baoding Shi and Los Angeles
Baoding Shi, CN (HQ)
Ju Li Dong Lu, Xushui Qu
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IT Tech Packaging Financials and Metrics

IT Tech Packaging Revenue

IT Tech Packaging's revenue was reported to be $100.94 m in FY, 2020
USD

Revenue (Q1, 2021)

24.2m

Net income (Q1, 2021)

(4.3m)

EBIT (Q1, 2021)

(724.3k)

Market capitalization (23-Sept-2021)

37.7m

Closing stock price (23-Sept-2021)

0.4

Cash (31-Mar-2021)

37.4m

EV

12.1m
IT Tech Packaging's current market capitalization is $37.7 m.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

150.7m151.1m125.7m137.0m135.3m134.7m117.0m86.7m117.6m100.9m

Cost of goods sold

117.8m124.1m102.4m114.3m107.4m109.2m97.1m

Gross profit

33.0m27.1m23.3m22.8m27.9m25.5m20.0m

Gross profit Margin, %

22%18%19%17%21%19%17%
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q1, 2021

Revenue

41.5m37.1m34.4m35.5m37.7m19.7m33.0m37.7m25.8m37.8m40.8m26.5m41.3m32.4m27.9m38.0m37.5m25.3m22.8m33.5m1.9m33.1m26.7m17.5m33.6m32.9m8.7m26.4m24.2m

Cost of goods sold

32.7m29.1m26.7m29.7m30.8m18.1m26.9m29.3m21.1m31.7m34.3m21.5m30.8m26.0m24.1m31.1m30.1m19.6m19.3m26.3m2.6m

Gross profit

8.8m8.0m7.8m5.8m6.8m1.6m6.1m8.4m4.7m6.1m6.4m5.0m10.5m6.4m3.8m6.9m7.3m5.7m3.5m7.2m(695.3k)

Gross profit Margin, %

21%22%23%16%18%8%18%22%18%16%16%19%25%20%13%18%20%22%15%22%(37%)
USDQ2, 2011

Financial Leverage

1.2 x
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IT Tech Packaging Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

IT Tech Packaging Online and Social Media Presence

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IT Tech Packaging News and Updates

IT Tech Packaging, Inc. Announces Donation of Disaster Relief Goods to Xinxiang of China Henan Province

BAODING, China, July 28, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("ITP" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that the Company has donated disaster relief household goods including...

IT Tech Packaging, Inc. Reschedules Its Fourth Quarter and Fiscal Year 2020 Financial Results after the Market Close on March 23, 2021

BAODING, China, March 23, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE American: ITP) ("IT Tech Packaging" or the "Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that it reschedules filing its audited financial results...

IT Tech Packaging, Inc. Announces Pricing of Approximately $20.0 Million Offering of Common Stock and Warrants

BAODING, China, Feb. 24, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, announced today the pricing of an underwritten offering of 26,666,666 shares...

IT Tech Packaging, Inc. Announces Pricing of Approximately US$14.4 Million Upsized Public Offering

BAODING, China, Jan. 14, 2021 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced the pricing of a public offering of 26,181,818 shares of...

Chairman of IT Tech Packaging Visits Asia Symbol, China's Largest Wood Pulp Producer

BAODING, China, Aug. 23, 2019 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that Mr. Zhenyong Liu, Chairman and Chief Executive Officer of...

Major Operating Entity of IT Tech Packaging, Inc. Enters Into Definitive Agreement To Acquire Hebei Tengsheng Paper Co. Ltd.

BAODING, China, June 27 2019 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products in North China, today announced that Hebei Baoding Dongfang Paper Milling Company Limited...
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IT Tech Packaging Frequently Asked Questions

  • When was IT Tech Packaging founded?

    IT Tech Packaging was founded in 1996.

  • Who are IT Tech Packaging key executives?

    IT Tech Packaging's key executives are Zhenyong Liu, Fuzeng Liu and Marco Ku Hon Wai.

  • How many employees does IT Tech Packaging have?

    IT Tech Packaging has 428 employees.

  • What is IT Tech Packaging revenue?

    Latest IT Tech Packaging annual revenue is $100.9 m.

  • What is IT Tech Packaging revenue per employee?

    Latest IT Tech Packaging revenue per employee is $235.8 k.

  • Who are IT Tech Packaging competitors?

    Competitors of IT Tech Packaging include Ailu Group, International Paper and Neenah.

  • Where is IT Tech Packaging headquarters?

    IT Tech Packaging headquarters is located at Ju Li Dong Lu, Xushui Qu, Baoding Shi.

  • Where are IT Tech Packaging offices?

    IT Tech Packaging has offices in Baoding Shi and Los Angeles.

  • How many offices does IT Tech Packaging have?

    IT Tech Packaging has 2 offices.