Flagship explainer

How IT TECH PACKAGING, INC. makes its money

Start with a dollar of revenue and follow what the filing says remains.

revenueBranching filed flows with values and percentages directly labeled. Missing filing concepts are omitted rather than estimated.Revenue$75.8M · 100%Cost of revenue$69.1M · 91%Gross profit$6.7M · 9%Operating income−$8.2M · −11%Income before tax−$9M · −12%Income tax$879194 · 1%Net income−$9.8M · −13%As of 2024-12-31 · 1 SEC filing sourceBuy Like Buffett · buylikebuffett.com

Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.

Table alternative
Filed lineValue% of revenueSource
$75.8M100%
Cost of revenue$69.1M91%
$6.7M9%
−$8.2M−11%
Income before tax−$9M−12%
Income tax$8791941%
−$9.8M−13%
Source: · event Dec 31, 2024 · retrieved Jul 26, 2026 · annual-row source set
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