Is IT Tech Packaging going out of business?

IT TECH PACKAGING, INC. (ITP) Fundamentals

A quick summary of the latest filed figures while the full analysis loads.

IT TECH PACKAGING, INC. (ITP) scores 11 out of 100 on fundamentals, Distressed / Caution, based on SEC filing data.

Leading signal: Shares dilution YoY: 35.28% (YoY)

Five questions, kept separate

Survival - Funding dependent

Recent free cash flow is positive, so there is no current cash-burn countdown. Adjusted shares outstanding increased 35.3% over the comparison year.

Business quality - Poor

-12.6% operating margin and 0.2% FCF margin produce a poor Business Quality assessment.

Trajectory - Contracting

Revenue weakened 0.3%; operating margin weakened 2.2pp; FCF margin weakened 12.1pp. The TTM window includes a mixed-basis Q4 estimate.

Valuation - Balanced

216.7% normalized FCF yield supports a balanced Valuation assessment on the ttm basis.

Event risk - Evidence unavailable

No active asserted adverse event was found in the available filing evidence. The filing evidence is stale or incomplete, so this is not proof of absence.

What the rules read

• Shares dilution YoY: 35.28% (YoY)
• Debt / Equity: 0.10x
• ROE quality: -7.20%
• ROIC: -6.37%
• Interest coverage: -16.6x
• Revenue CAGR (3Y): -22.17%
• Gross margin (industrial): 7.90%
• Return on Assets: -6.23%
• Net income trend: 26.63% (Loss narrowing)
• Asset Efficiency: 0.45x
• FCF margin: 0.24%
• Revenue growth YoY: 2.07% (Industrial YoY)

Read from filings through 2025-11-13.

Price as of 2026-09-11.