---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-058975"
form_type: "8-K"
ticker: "ITP"
cik: "0001358190"
company_name: "IT TECH PACKAGING, INC."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:14:00.388550+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ITP Q3 2021: Revenue $45.1M (+35% YoY), net income $1.5M; gross margin shrinks to 4% from 7.7%

## Summary
- Revenue $45.1M (+35% YoY); gross profit $1.82M (4.04% margin), down from $2.57M (7.70%).
- Operating loss $0.20M vs income $0.18M; net income $1.54M vs loss $0.52M; diluted EPS $0.03 vs ($0.02).
- Regular CMP revenue $31.2M (+60%) on 61.9K tonnes at ASP $504/tonne (+24%); light-weight CMP +21%.
- Nine-month revenue $115.83M (+69%); management expects stronger Q4 due to supply shortage and price increases.
- Annual meeting: elected Class I directors Marco Ku Hon Wai and Wenbing Christopher Wang; ratified WWC; approved 2021 Omnibus Equity Incentive Plan.

## SEC filing metadata
- accession: 0001213900-21-058975
- form_type: 8-K
- ticker: ITP
- cik: 0001358190
- company_name: IT TECH PACKAGING, INC.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 5.07, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1358190/000121390021058975/0001213900-21-058975-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1358190/000121390021058975/ea150597-8k_ittechpack.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-058975
- JSON: https://secwatch.observer/filing/0001213900-21-058975.json
- Plain text: https://secwatch.observer/filing/0001213900-21-058975.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.