IT Tech Packaging
Manufactures corrugating medium paper for Chinese cardboard makers.
Something off on this page? Send us feedback.
Profile
Manufactures corrugating medium paper for cardboard makers in China, generating revenue from tonnage-based sales to corporate customers. Operations are concentrated at Dongfang Paper in Hebei and reach the U.S.-listed holding company through contractual VIE arrangements.
Manufactures corrugating medium paper through Dongfang Paper, selling regular and lightweight grades to cardboard makers and other corporate customers in China. Tengsheng Paper and Baoding Shengde are the other reported segments, though neither recorded revenue in the latest detailed operating update.
Produces in Hebei, near recycled-paper supply and the Beijing-Tianjin area, with customers generally collecting finished product at company warehouses. Revenue is earned by tonnage from domestic paper sales. The listed Nevada holding company consolidates Dongfang Paper through contractual VIE arrangements rather than direct ownership; recycled-paper sourcing, Chinese environmental permits, and those agreements with a company wholly owned by the chief executive are central operating dependencies.
Company facts
Key statistics
Year to date −18.4% · Average volume (30d) 547.2K
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Nov 13, 2025Q3 FY25 | — | −$0.11 | — | — | $25.6M | — | −0.99% |
| Aug 14, 2025Q2 FY25 | — | −$0.16 | — | — | $24.8M | — | +2.28% |
| May 9, 2025Q1 FY25 | — | −$0.35 | — | — | $10.9M | — | −18.84% |
| Apr 7, 2025Q1 FY25 | — | −$0.40 | — | — | $17.6M | — | −2.89% |
Financial highlights
| 12 quarters | Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | $26.2M | $25.1M | $17.6M | $10.9M | $24.8M | $25.6M | |
| Gross profit | $3.3M | $1.9M | $1.1M | $84.1K | $1.3M | $2.0M | |
| Operating income | $547.8K | −$1.5M | −$3.8M | −$3.4M | −$1.8M | −$992.6K | |
| Net income | −$77.7K | −$2.0M | −$4.0M | −$3.5M | −$2.0M | −$1.4M | |
| Diluted EPS | −$0.01 | −$0.20 | −$0.40 | −$0.35 | −$0.16 | −$0.12 | |
| Gross margin | 12.4% | 7.6% | 6.3% | 0.8% | 5.1% | 7.9% | |
| Operating margin | 2.1% | -5.8% | -21.5% | -31.0% | -7.1% | -3.9% |
Fiscal years (4-quarter sums)FY20 $100.9M · FY21 $160.9M · FY22 $100.4M · FY23 $86.5M · FY24 $75.8M
Balance sheet, Sep 30, 2025Cash & short-term investments $9.1M · Total debt $10.2M · Total assets $175.7M · Shareholders' equity $152.0M
Dividends
No dividends on record.
Ownership
Shares outstanding 16.97M · Float 16.42M · 96.8% free float
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
Not reported.



