The company's fundamentals are relatively very healthy. Its valuation is considered undervalued,and institutional recognition is very 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.
Score
Industry at a Glance
Industry Ranking
9 / 10
Overall Ranking
464 / 4723
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.
Company 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.
Fairly Valued
The company’s latest PB is 0.02, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 1.09M shares, increasing 1.39% 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.