---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-027231"
form_type: "8-K"
ticker: "ITP"
cik: "0001358190"
company_name: "IT TECH PACKAGING, INC."
filed_at: "2024-03-28T23:59:59+00:00"
generated_at: "2026-06-04T05:55:44.001552+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IT Tech Packaging Q4 net loss $3.98M, revenue $20.96M down 1.91% YoY

## Summary
- Q4 revenue $20.96M (-1.91% YoY); net loss narrowed to $3.98M ($0.40 EPS loss) from $11.91M ($1.19 EPS loss) in Q4 2022.
- Q4 gross margin collapsed to 1.19% from 4.80%; CMP volume rose to 56,805 tonnes but ASP fell to $360/tonne from $410.
- Q4 operating loss widened to $3.80M from $0.49M; SG&A surged 123% to $3.38M.
- FY 2023 revenue $86.55M, gross profit $1.00M; management expects plastic-restriction orders to boost packaging paper demand.

## SEC filing metadata
- accession: 0001213900-24-027231
- form_type: 8-K
- ticker: ITP
- cik: 0001358190
- company_name: IT TECH PACKAGING, INC.
- filed_at: 2024-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1358190/000121390024027231/0001213900-24-027231-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1358190/000121390024027231/ea0202818-8k_ittech.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-027231
- JSON: https://secwatch.observer/filing/0001213900-24-027231.json
- Plain text: https://secwatch.observer/filing/0001213900-24-027231.txt

## Key facts
- Earnings Releases
  IT TECH PACKAGING, INC. reported financial results for the fourth quarter and audited financial results for the fiscal year ended December 31, 2023.
  - Period: the fourth quarter and audited financial results for the fiscal year ended December 31, 2023
  - Result: reported results
  source text: issued a press release announcing its unaudited financial results for the fourth quarter and audited financial results for the fiscal year ending December 31, 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1358190/000121390024027231/0001213900-24-027231-index.htm

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