IT TECH PACKAGING, INC.ITP

Market cap

$2.5M

P/E ratio

	Dec 31, 2011	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022
Revenues	151	87	118	101	161	100
Cost of sales	-	81	104	95	150	96
Gross Profit	33	6	14	6	11	5
Selling, general and administrative expenses	3	13	10	11	10	10
(Loss) Income from Operations	30	-11,182,314	4	-5,455,804	1	-5,304,527
Interest income	36,437	36,632	64,717	32,033	38,766	24,264
Subsidy income	-	241,189	261,136	220,478	198,530	-
Interest expense	699,892	1	926,368	1	1	1
Gain on acquisition	-	-	-	-	-	30,994
Gain (Loss) on derivative liability	-	-	-	-426,055	6	1
(Loss) Income before Income Taxes	-	-	-	-	6	-4,859,969
Total Provision for (Deferred tax benefit)/ Income Taxes	8	-1,850,928	1	-1,101,858	6	12
Net (Loss) Income	22	-10,545,684	2	-5,554,002	905,535	-16,571,308
Foreign currency translation adjustment	-	-8,732,751	-2,793,585	12	5	-18,010,708
Total Comprehensive (Loss) Income	26	-19,278,435	-572,403	6	6	-34,582,016
Basic and Diluted (Losses) Earnings per Share (in Dollars per share)	1.18	-	-	-	-	-1.66