The historical rank and industry rank for IT Tech Packaging's Net Margin % or its related term are showing as below:
ITP'
s Net Margin % Range Over the Past 10 Years
Min: -16.51 Med: 0.99 Max: 8.54
Current: -12.36
ITP's Net Margin % is ranked worse than 86.93% of 283
companies
in the Forest Products industry
Industry Median: 1.78
vs ITP: -12.36
IT Tech Packaging Net Margin % Historical Data
The historical data trend for IT Tech Packaging's Net Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of IT Tech Packaging's Net Margin %
For the Paper & Paper Products subindustry, IT Tech Packaging's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IT Tech Packaging's Net Margin % Distribution in the Forest Products Industry
For the Forest Products industry and Basic Materials sector, IT Tech Packaging's Net Margin % distribution charts can be found below:
* The bar in red indicates where IT Tech Packaging's Net Margin % falls into.
IT Tech Packaging Net Margin % Calculation
Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.
IT Tech Packaging's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
IT Tech Packaging (AMEX:ITP) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
IT Tech Packaging Net Margin % Related Terms
Thank you for viewing the detailed overview of IT Tech Packaging's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
IT Tech Packaging Inc is a holding company engaged in the business of paper manufacturing in China. The company operates as a producer and distributor of paper products. It involves in production and distribution of three categories of paper products: packing paper (corrugating medium paper), offset printing paper, and tissue paper products. It also produces digital photo paper. Its business is structured into three segments Dongfang Paper and Tengsheng Paper, which produces offset printing paper, corrugating medium paper and tissue paper, and Baoding Shengde, which produces face masks and digital photo paper.
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