IT Tech Packaging Inc. – Company Overview and Recent Market Context
IT Tech Packaging Inc. is a materials‑sector company listed on the NYSE American. Its operations are concentrated in Baoding, China, where it manufactures and distributes paper products, primarily corrugating medium papers and offset printing papers. The company’s website, www.itpackaging.cn , provides further details on its product lines and corporate information.
Key Financial Metrics (as of 2025‑12‑23)
| Item | Value | Notes |
|---|---|---|
| Market Capitalization | USD 4,064,915 | Small‑cap status |
| Close Price (2025‑12‑23) | USD 0.24 | Lowest closing price within the 52‑week range |
| 52‑Week High | USD 1.07 | Recorded on 2024‑12‑30 |
| 52‑Week Low | USD 0.15 | Recorded on 2025‑05‑12 |
| Price‑to‑Earnings Ratio | -0.239 | Negative indicates earnings below zero |
| Currency | USD | Trading currency |
| Primary Exchange | NYSE American | Exchange for U.S. listing |
| Sector | Materials | Broad classification |
| Industry | Paper & Forest Products | Specific industry group |
Operational Focus
The company’s production portfolio centers on corrugated medium paper, which is used in packaging applications, and offset printing paper, which serves the publishing and printing industries. All manufacturing activities are based in the People’s Republic of China, with distribution primarily within domestic markets.
Recent Market Activity
- The share price remained low during the period covered by the provided financial snapshot, trading at USD 0.24 on 2025‑12‑23.
- The 52‑week high (USD 1.07) and low (USD 0.15) illustrate a significant range in investor sentiment and market volatility for the stock.
- The negative price‑to‑earnings ratio indicates that the company is operating at a loss, which is typical for many firms in the early stages of scaling or in highly competitive sectors.
External News Context
While the recent news items supplied in the input largely relate to traffic advisories and unrelated corporate events (e.g., JETOUR’s event, CASI Pharmaceuticals’ Nasdaq extension, and Sanofi’s EU approval for Wayrilz), none of these items directly affect IT Tech Packaging’s operations, financial performance, or market valuation. Consequently, they do not alter the fundamental assessment of the company’s business model or recent financial metrics.
The information presented above is derived solely from the input data and does not include speculation or additional external sources.
