IT Tech Net Worth

IT Tech Net Worth Breakdown

  ITP
The net worth of IT Tech Packaging is the difference between its total assets and liabilities. IT Tech's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of IT Tech's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. IT Tech's net worth can be used as a measure of its financial health and stability which can help investors to decide if IT Tech is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in IT Tech Packaging stock.

IT Tech Net Worth Analysis

IT Tech's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including IT Tech's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of IT Tech's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform IT Tech's net worth analysis. One common approach is to calculate IT Tech's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares IT Tech's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing IT Tech's net worth. This approach calculates the present value of IT Tech's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of IT Tech's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate IT Tech's net worth. This involves comparing IT Tech's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into IT Tech's net worth relative to its peers.

Enterprise Value

11.01 Million

To determine if IT Tech is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding IT Tech's net worth research are outlined below:
IT Tech Packaging had very high historical volatility over the last 90 days
IT Tech Packaging has some characteristics of a very speculative penny stock
The company reported the last year's revenue of 86.55 M. Reported Net Loss for the year was (9.95 M) with profit before taxes, overhead, and interest of 4.75 M.
IT Tech Packaging has a poor financial position based on the latest SEC disclosures
Latest headline from businesswire.com: Higo Bank Selects DTCCs ITP Services, Streamlining and Accelerating Post-Trade Processing
IT Tech uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in IT Tech Packaging. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to IT Tech's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
22nd of March 2024
Upcoming Quarterly Report
View
31st of December 2023
Next Fiscal Quarter End
View

Follow IT Tech's market capitalization trends

The company currently falls under 'Nano-Cap' category with a total capitalization of 2.32 M.

Market Cap

2.96 Million

Project IT Tech's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets(0.09)(0.08)
Return On Capital Employed(0.06)(0.05)
Return On Assets(0.05)(0.05)
Return On Equity(0.06)(0.06)
The company has Net Profit Margin of (0.14) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of 0.02 %, which entails that for every 100 dollars of revenue, it generated $0.02 of operating income.
When accessing IT Tech's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures IT Tech's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of IT Tech's profitability and make more informed investment decisions.

Evaluate IT Tech's management efficiency

IT Tech Packaging has Return on Asset of (0.0261) % which means that on every $100 spent on assets, it lost $0.0261. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0585) %, meaning that it generated no profit with money invested by stockholders. IT Tech's management efficiency ratios could be used to measure how well IT Tech manages its routine affairs as well as how well it operates its assets and liabilities. As of 11/29/2024, Return On Tangible Assets is likely to grow to -0.08. In addition to that, Return On Capital Employed is likely to grow to -0.05. At this time, IT Tech's Non Current Liabilities Total is relatively stable compared to the past year. As of 11/29/2024, Total Current Liabilities is likely to grow to about 21.9 M, while Liabilities And Stockholders Equity is likely to drop slightly above 172.1 M.
Last ReportedProjected for Next Year
Book Value Per Share 16.72  15.89 
Tangible Book Value Per Share 8.63  8.20 
Enterprise Value Over EBITDA 2.06  1.96 
Price Book Value Ratio 0.02  0.02 
Enterprise Value Multiple 2.06  1.96 
Price Fair Value 0.02  0.02 
Enterprise Value11.6 M11 M
Understanding the operational decisions made by IT Tech management offers insights into its financial robustness. This evaluation is crucial for assessing the stock's investment potential.
Enterprise Value Revenue
0.1042
Revenue
69.8 M
Quarterly Revenue Growth
(0.13)
Revenue Per Share
6.939
Return On Equity
(0.06)
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific IT Tech insiders, such as employees or executives, is commonly permitted as long as it does not rely on IT Tech's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases IT Tech insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
IT Tech time-series forecasting models is one of many IT Tech's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary IT Tech's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

IT Tech Earnings per Share Projection vs Actual

IT Tech Corporate Directors

Wenbing WangIndependent DirectorProfile
Marco KuIndependent DirectorProfile
Lusha NiuIndependent DirectorProfile
Fuzeng LiuDirectorProfile

Additional Tools for ITP Stock Analysis

When running IT Tech's price analysis, check to measure IT Tech's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IT Tech is operating at the current time. Most of IT Tech's value examination focuses on studying past and present price action to predict the probability of IT Tech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IT Tech's price. Additionally, you may evaluate how the addition of IT Tech to your portfolios can decrease your overall portfolio volatility.