IT TECH PACKAGING, INC.: 10-Q filed 2020-08-11

Name: IT TECH PACKAGING, INC.: 10-Q filed 2020-08-11
Creator: IT TECH PACKAGING, INC.

What IT TECH PACKAGING, INC. reported in its quarterly report filed 2020-08-11 (fiscal Q2 2020): 39 published measures, 104 facts as tagged in accession 0001213900-20-021402.

This filing

Form: 10-Q (quarterly report)
Filed: 2020-08-11
Fiscal period: fiscal Q2 2020
Accession: 0001213900-20-021402 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All IT TECH PACKAGING, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2020-06-30	185,432,266	USD
At 2019-12-31	190,198,430	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2020-06-30	22,492,942	USD
At 2019-12-31	24,203,368	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit	Days
At 2020-06-30	162,939,324	USD
At 2019-12-31	165,995,062	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit
At 2020-06-30	12,828,030	USD
At 2019-12-31	5,837,745	USD
At 2019-06-30	1,134,371	USD
At 2018-12-31	12,117,425	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-980,031	USD	91
2020-01-01 to 2020-06-30	-3,416,318	USD	182
2019-04-01 to 2019-06-30	450,070	USD	91
2019-01-01 to 2019-06-30	-2,272,525	USD	181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	5,856,625	USD	182
2019-01-01 to 2019-06-30	-812,309	USD	181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	981,150	USD	182
2019-01-01 to 2019-06-30	3,472,355	USD	181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	26,362,273	USD	91
2020-01-01 to 2020-06-30	35,106,124	USD	182
2019-04-01 to 2019-06-30	33,619,948	USD	91
2019-01-01 to 2019-06-30	51,070,240	USD	181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	2,273,360	USD	182
2019-01-01 to 2019-06-30	-5,286,942	USD	181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	-981,150	USD	182
2019-01-01 to 2019-06-30	-5,021,739	USD	181

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	24,444,761	shares	91
2020-01-01 to 2020-06-30	24,444,761	shares	182
2019-04-01 to 2019-06-30	22,022,316	shares	91
2019-01-01 to 2019-06-30	22,022,316	shares	181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-0.04	USD/shares	91
2020-01-01 to 2020-06-30	-0.14	USD/shares	182
2019-04-01 to 2019-06-30	0.02	USD/shares	91
2019-01-01 to 2019-06-30	-0.1	USD/shares	181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-0.04	USD/shares	91
2020-01-01 to 2020-06-30	-0.14	USD/shares	182
2019-04-01 to 2019-06-30	0.02	USD/shares	91
2019-01-01 to 2019-06-30	-0.1	USD/shares	181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-79,441	USD	91
2020-01-01 to 2020-06-30	-605,766	USD	182
2019-04-01 to 2019-06-30	80,670	USD	91
2019-01-01 to 2019-06-30	-567,125	USD	181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2020-06-30	142,422,375	USD
At 2019-12-31	151,616,852	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	1,242,000	USD	182

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-798,643	USD	91
2020-01-01 to 2020-06-30	-3,665,325	USD	182
2019-04-01 to 2019-06-30	531,667	USD	91
2019-01-01 to 2019-06-30	-2,642,272	USD	181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2020-06-30	27,804,812	USD
At 2019-12-31	24,041,239	USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	241,436	USD	91
2020-01-01 to 2020-06-30	486,154	USD	182
2019-04-01 to 2019-06-30	238,771	USD	91
2019-01-01 to 2019-06-30	494,040	USD	181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2020-06-30	16,591,890	USD
At 2019-12-31	16,835,460	USD

Current accounts payable

Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.

Period	Value	Unit	Days
At 2020-06-30	848,390	USD
At 2019-12-31	250,486	USD

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2020-06-30	5,852,472	USD
At 2019-12-31	1,607,463	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	2,558,829	USD	91
2020-01-01 to 2020-06-30	2,389,110	USD	182
2019-04-01 to 2019-06-30	2,908,129	USD	91
2019-01-01 to 2019-06-30	2,715,663	USD	181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	3,357,472	USD	91
2020-01-01 to 2020-06-30	6,054,435	USD	182
2019-04-01 to 2019-06-30	2,407,859	USD	91
2019-01-01 to 2019-06-30	5,389,332	USD	181

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2020-06-30	53,974,869	USD
At 2019-12-31	51,155,174	USD

Accumulated other comprehensive income or loss

Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.

Period	Value	Unit	Days
At 2020-06-30	-8,523,112	USD
At 2019-12-31	-6,057,537	USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

Period	Value	Unit	Days
At 2020-06-30	8,842,432	USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

Period	Value	Unit	Days
At 2020-06-30	239,378,837	USD
At 2019-12-31	242,442,729	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2020-06-30	96,956,462	USD
At 2019-12-31	90,825,877	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2020-06-30	598,589	USD
At 2019-12-31	607,453	USD

Prepaid expenses and other current assets

Prepayments and other current assets grouped under this concept. The balance is not cash and its composition differs by filer.

Period	Value	Unit	Days
At 2020-06-30	5,874,642	USD
At 2019-12-31	11,613,241	USD

Comprehensive income or loss

Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-855,852	USD	91
2020-01-01 to 2020-06-30	-5,881,893	USD	182
2019-04-01 to 2019-06-30	-3,098,613	USD	91
2019-01-01 to 2019-06-30	-2,527,528	USD	181

Current income tax expense or benefit

Income tax expense or benefit for the period that is currently payable or refundable. It differs from cash taxes paid and from total tax expense.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	386,499	USD	91
2020-01-01 to 2020-06-30	401,186	USD	182
2019-04-01 to 2019-06-30	677,262	USD	91
2019-01-01 to 2019-06-30	677,262	USD	181

Deferred income tax expense or benefit

The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.

Period	Value	Unit	Days
2020-04-01 to 2020-06-30	-480,657	USD	91
2020-01-01 to 2020-06-30	-1,021,699	USD	182
2019-04-01 to 2019-06-30	-611,339	USD	91
2019-01-01 to 2019-06-30	-1,259,134	USD	181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	288,463	USD	182
2019-01-01 to 2019-06-30	445,860	USD	181

Income taxes paid, net

Cash income taxes paid net of refunds during the period. It differs from income tax expense and can reflect prior years and estimated payments.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	1,369,690	USD	182
2019-01-01 to 2019-06-30	222,278	USD	181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	89,311	USD	182
2019-01-01 to 2019-06-30	311,265	USD	181

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	4,291,622	USD	182
2019-01-01 to 2019-06-30	2,920,950	USD	181

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2020-01-01 to 2020-06-30	604,823	USD	182
2019-01-01 to 2019-06-30	502,310	USD	181

Inspect the source

Entity: IT TECH PACKAGING, INC. / CIK 0001358190
Captured: 2026-09-20T07:55:55.299Z
SEC response SHA-256: ddfb3f710f8988ad3d5889df0c3635fe5ff5fb734ffe1b8c4cc8c23c50671cf3

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
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with urlopen("https://canlicapital.com/company-data/0001358190.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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