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Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) and Ostin Technology Group Co., Ltd. (OST). Click either name above to swap in a different company.

IT TECH PACKAGING, INC. is the larger business by last-quarter revenue ($25.6M vs $20.8M, roughly 1.2× Ostin Technology Group Co., Ltd.). IT TECH PACKAGING, INC. runs the higher net margin — -5.7% vs -24.8%, a 19.2% gap on every dollar of revenue. On growth, Ostin Technology Group Co., Ltd. posted the faster year-over-year revenue change (39.2% vs 2.1%).

IT TECH PACKAGING, INC. is a paper manufacturing enterprise primarily operating in China. It produces and distributes a diverse portfolio of paper products including corrugated packaging paper, boxboard, and printing-use cultural paper, serving sectors such as consumer goods packaging, logistics, and commercial printing across its core market.

Ostin Technology Group Co., Ltd. is a provider of display and interactive technology solutions. It develops and manufactures touch panels, interactive whiteboards and custom display modules, serving consumer electronics, education and commercial segments across Asia Pacific, North America and European markets.

ITP vs OST — Head-to-Head

Bigger by revenue
ITP
ITP
1.2× larger
ITP
$25.6M
$20.8M
OST
Growing faster (revenue YoY)
OST
OST
+37.1% gap
OST
39.2%
2.1%
ITP
Higher net margin
ITP
ITP
19.2% more per $
ITP
-5.7%
-24.8%
OST

Income Statement — Q3 FY2025 vs Q2 FY2025

Metric
ITP
ITP
OST
OST
Revenue
$25.6M
$20.8M
Net Profit
$-1.4M
$-5.2M
Gross Margin
7.9%
9.1%
Operating Margin
-3.9%
-23.4%
Net Margin
-5.7%
-24.8%
Revenue YoY
2.1%
39.2%
Net Profit YoY
26.6%
-11.6%
EPS (diluted)
$-0.11
$-2.98

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ITP
ITP
OST
OST
Q3 25
$25.6M
Q2 25
$24.8M
Q1 25
$10.9M
$20.8M
Q4 24
$17.6M
Q3 24
$25.1M
Q2 24
$26.2M
Q1 24
$6.9M
$15.0M
Q4 23
$21.0M
Net Profit
ITP
ITP
OST
OST
Q3 25
$-1.4M
Q2 25
$-2.0M
Q1 25
$-3.5M
$-5.2M
Q4 24
$-4.0M
Q3 24
$-2.0M
Q2 24
$-77.7K
Q1 24
$-3.7M
$-4.6M
Q4 23
$-4.0M
Gross Margin
ITP
ITP
OST
OST
Q3 25
7.9%
Q2 25
5.1%
Q1 25
0.8%
9.1%
Q4 24
6.3%
Q3 24
7.6%
Q2 24
12.4%
Q1 24
5.8%
5.9%
Q4 23
1.2%
Operating Margin
ITP
ITP
OST
OST
Q3 25
-3.9%
Q2 25
-7.1%
Q1 25
-31.0%
-23.4%
Q4 24
-21.5%
Q3 24
-5.8%
Q2 24
2.1%
Q1 24
-51.0%
-25.3%
Q4 23
-18.1%
Net Margin
ITP
ITP
OST
OST
Q3 25
-5.7%
Q2 25
-7.9%
Q1 25
-32.2%
-24.8%
Q4 24
-22.9%
Q3 24
-7.9%
Q2 24
-0.3%
Q1 24
-54.6%
-31.0%
Q4 23
-19.0%
EPS (diluted)
ITP
ITP
OST
OST
Q3 25
$-0.11
Q2 25
$-0.16
Q1 25
$-0.35
$-2.98
Q4 24
$-0.40
Q3 24
$-0.20
Q2 24
$-0.01
Q1 24
$-0.37
$-0.29
Q4 23
$-0.40

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ITP
ITP
OST
OST
Cash + ST InvestmentsLiquidity on hand
$1.7M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$152.0M
$2.7M
Total Assets
$175.7M
$52.6M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITP
ITP
OST
OST
Q3 25
Q2 25
Q1 25
$1.7M
Q4 24
Q3 24
Q2 24
Q1 24
$1.7M
Q4 23
Total Debt
ITP
ITP
OST
OST
Q3 25
$4.7M
Q2 25
$4.7M
Q1 25
$4.7M
Q4 24
$4.7M
Q3 24
$8.9M
Q2 24
$11.3M
Q1 24
$11.4M
Q4 23
$11.4M
Stockholders' Equity
ITP
ITP
OST
OST
Q3 25
$152.0M
Q2 25
$152.3M
Q1 25
$152.8M
$2.7M
Q4 24
$156.1M
Q3 24
$164.3M
Q2 24
$163.5M
Q1 24
$164.3M
$10.3M
Q4 23
$168.3M
Total Assets
ITP
ITP
OST
OST
Q3 25
$175.7M
Q2 25
$175.2M
Q1 25
$175.2M
$52.6M
Q4 24
$177.5M
Q3 24
$190.0M
Q2 24
$191.4M
Q1 24
$177.5M
$51.4M
Q4 23
$194.7M
Debt / Equity
ITP
ITP
OST
OST
Q3 25
0.03×
Q2 25
0.03×
Q1 25
0.03×
Q4 24
0.03×
Q3 24
0.05×
Q2 24
0.07×
Q1 24
0.07×
Q4 23
0.07×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ITP
ITP
OST
OST
Operating Cash FlowLast quarter
$1.5M
Free Cash FlowOCF − Capex
$1.5M
FCF MarginFCF / Revenue
5.9%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$3.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ITP
ITP
OST
OST
Q3 25
$1.5M
Q2 25
$1.4M
Q1 25
$-2.5M
Q4 24
$3.5M
Q3 24
$1.5M
Q2 24
$721.9K
Q1 24
$624.4K
$-3.9M
Q4 23
$5.4M
Free Cash Flow
ITP
ITP
OST
OST
Q3 25
$1.5M
Q2 25
$1.3M
Q1 25
$-2.5M
Q4 24
$3.5M
Q3 24
$1.2M
Q2 24
$668.3K
Q1 24
$615.4K
$-4.5M
Q4 23
$-7.7M
FCF Margin
ITP
ITP
OST
OST
Q3 25
5.9%
Q2 25
5.4%
Q1 25
-22.8%
Q4 24
19.6%
Q3 24
4.9%
Q2 24
2.5%
Q1 24
9.0%
-30.1%
Q4 23
-36.7%
Capex Intensity
ITP
ITP
OST
OST
Q3 25
0.0%
Q2 25
0.1%
Q1 25
0.1%
Q4 24
0.1%
Q3 24
1.0%
Q2 24
0.2%
Q1 24
0.1%
4.1%
Q4 23
62.4%

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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