The company's fundamentals are relatively very healthy. Its valuation is considered overvalued,and institutional recognition is relatively high. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
IT Tech Packaging Inc's Score
Industry at a Glance
Industry Ranking
8 / 9
Overall Ranking
400 / 4616
Industry
Paper & Forest Products
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
0
analysts
--
Current Rating
--
Target Price
--
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
IT Tech Packaging Inc Highlights
StrengthsRisks
IT Tech Packaging Inc is a holding company with operations primarily conducted by its subsidiaries and through contractual arrangements with Hebei Baoding Dongfang Paper Milling Company Limited, a People’s Republic of China company ('Dongfang Paper'), the variable interest entity, or VIE, based in China. IT Tech Packaging operates its business in China through its PRC subsidiaries, namely Baoding Shengde Paper Co., Ltd., a People’s Republic of China company ('Baoding Shengde') and QianrongQianhui Hebei Technology Co., Ltd., a People’s Republic of China company ('Qianrong') (together with Baoding Shengde, the 'PRC Subsidiaries'), and Dongfang Paper, which is referred to as the VIE in this annual report. The Company relies on contractual arrangements that establish the VIE structure among Baoding Shengde, the VIE, and the VIE’s shareholders to operate its business in China.
Growing
The company is in a growing phase, with the latest annual income totaling USD 75.84M.
Overvalued
The company’s latest PB is 0.03, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 77.09K shares, decreasing 87.82% quarter-over-quarter.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of -0.79.
IT Tech Packaging Inc is a holding company with operations primarily conducted by its subsidiaries and through contractual arrangements with Hebei Baoding Dongfang Paper Milling Company Limited, a People’s Republic of China company ('Dongfang Paper'), the variable interest entity, or VIE, based in China. IT Tech Packaging operates its business in China through its PRC subsidiaries, namely Baoding Shengde Paper Co., Ltd., a People’s Republic of China company ('Baoding Shengde') and QianrongQianhui Hebei Technology Co., Ltd., a People’s Republic of China company ('Qianrong') (together with Baoding Shengde, the 'PRC Subsidiaries'), and Dongfang Paper, which is referred to as the VIE in this annual report. The Company relies on contractual arrangements that establish the VIE structure among Baoding Shengde, the VIE, and the VIE’s shareholders to operate its business in China.