I

IT Tech Packaging Inc
AMEX:ITP

Watchlist Manager
IT Tech Packaging Inc
AMEX:ITP
Watchlist
Price: 0.19 USD -9.52%
Market Cap: 3.2m USD

Gross Margin
IT Tech Packaging Inc

8%
Current
5%
Average
20.1%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
8%
=
Gross Profit
6.4m
/
Revenue
79.9m

Gross Margin Across Competitors

IT Tech Packaging Inc
Glance View

Market Cap
3.2m USD
Industry
Paper & Forest

IT Tech Packaging, Inc. is a holding company, which engages in the production and distribution of paper products. The company is headquartered in Baoding, Hebei and currently employs 380 full-time employees. The company went IPO on 2009-12-17. The firm is engaged in production and distribution of four categories of paper products: corrugating medium paper (CMP), offset printing paper, digital photo paper and tissue paper products. The Company, through Baoding Shengde Paper Co., Ltd. (Orient Paper Shengde), is engaged in production and distribution of digital photo paper. The firm operates through two segments: Orient Paper HB, which produces printing paper and CMP, and Orient Paper Shengde, which produces digital photo paper. CMP is used in the manufacturing of cardboard. The firm has over two corrugating medium paper production lines, including PM6 and PM1. The firm also produces finished tissue paper products that are marketed and sold under the Orient Paper brand.

ITP Intrinsic Value
Not Available
I
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
8%
=
Gross Profit
6.4m
/
Revenue
79.9m
What is the Gross Margin of IT Tech Packaging Inc?

Based on IT Tech Packaging Inc's most recent financial statements, the company has Gross Margin of 8%.

Back to Top