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Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) and SS Innovations International, Inc. (SSII). 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 $14.5M, roughly 1.8× SS Innovations International, Inc.). IT TECH PACKAGING, INC. runs the higher net margin — -5.7% vs -17.0%, a 11.3% gap on every dollar of revenue. On growth, SS Innovations International, Inc. posted the faster year-over-year revenue change (79.1% vs 2.1%). IT TECH PACKAGING, INC. produced more free cash flow last quarter ($1.5M vs $-3.2M). Over the past eight quarters, SS Innovations International, Inc.'s revenue compounded faster (99.9% CAGR vs 10.5%).
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.
SS Innovations International, Inc. is a global medical technology enterprise specializing in the research, development and manufacturing of innovative surgical robotic systems. It provides high-precision, accessible robotic platforms for minimally invasive surgery, catering to healthcare facilities across multiple regions to boost surgical outcomes and cut procedural burdens.
ITP vs SSII — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $25.6M | $14.5M |
| Net Profit | $-1.4M | $-2.5M |
| Gross Margin | 7.9% | 43.9% |
| Operating Margin | -3.9% | -3.7% |
| Net Margin | -5.7% | -17.0% |
| Revenue YoY | 2.1% | 79.1% |
| Net Profit YoY | 26.6% | -28.5% |
| EPS (diluted) | $-0.11 | $-0.01 |
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.
| Q4 25 | — | $14.5M | ||
| Q3 25 | $25.6M | $12.8M | ||
| Q2 25 | $24.8M | $10.0M | ||
| Q1 25 | $10.9M | $5.1M | ||
| Q4 24 | $17.6M | $8.1M | ||
| Q3 24 | $25.1M | $4.4M | ||
| Q2 24 | $26.2M | $4.5M | ||
| Q1 24 | $6.9M | $3.6M |
| Q4 25 | — | $-2.5M | ||
| Q3 25 | $-1.4M | $-3.7M | ||
| Q2 25 | $-2.0M | $-256.7K | ||
| Q1 25 | $-3.5M | $-5.7M | ||
| Q4 24 | $-4.0M | $-1.9M | ||
| Q3 24 | $-2.0M | $-3.2M | ||
| Q2 24 | $-77.7K | $-4.1M | ||
| Q1 24 | $-3.7M | $-9.8M |
| Q4 25 | — | 43.9% | ||
| Q3 25 | 7.9% | 48.1% | ||
| Q2 25 | 5.1% | 59.1% | ||
| Q1 25 | 0.8% | 21.2% | ||
| Q4 24 | 6.3% | 48.9% | ||
| Q3 24 | 7.6% | 52.8% | ||
| Q2 24 | 12.4% | 31.9% | ||
| Q1 24 | 5.8% | 20.0% |
| Q4 25 | — | -3.7% | ||
| Q3 25 | -3.9% | -14.3% | ||
| Q2 25 | -7.1% | 1.0% | ||
| Q1 25 | -31.0% | -115.6% | ||
| Q4 24 | -21.5% | -22.7% | ||
| Q3 24 | -5.8% | -73.1% | ||
| Q2 24 | 2.1% | -90.9% | ||
| Q1 24 | -51.0% | -270.3% |
| Q4 25 | — | -17.0% | ||
| Q3 25 | -5.7% | -29.0% | ||
| Q2 25 | -7.9% | -2.6% | ||
| Q1 25 | -32.2% | -111.0% | ||
| Q4 24 | -22.9% | -23.7% | ||
| Q3 24 | -7.9% | -74.0% | ||
| Q2 24 | -0.3% | -91.8% | ||
| Q1 24 | -54.6% | -270.5% |
| Q4 25 | — | $-0.01 | ||
| Q3 25 | $-0.11 | $-0.02 | ||
| Q2 25 | $-0.16 | $0.00 | ||
| Q1 25 | $-0.35 | $-0.03 | ||
| Q4 24 | $-0.40 | $-0.01 | ||
| Q3 24 | $-0.20 | $-0.02 | ||
| Q2 24 | $-0.01 | $-0.02 | ||
| Q1 24 | $-0.37 | $-0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $3.2M |
| Total DebtLower is stronger | $4.7M | — |
| Stockholders' EquityBook value | $152.0M | $38.2M |
| Total Assets | $175.7M | $74.2M |
| Debt / EquityLower = less leverage | 0.03× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $3.2M | ||
| Q3 25 | — | $5.7M | ||
| Q2 25 | — | $11.4M | ||
| Q1 25 | — | $15.9M | ||
| Q4 24 | — | $466.5K | ||
| Q3 24 | — | $220.4K | ||
| Q2 24 | — | $608.2K | ||
| Q1 24 | — | $948.1K |
| Q4 25 | — | — | ||
| 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 25 | — | $38.2M | ||
| Q3 25 | $152.0M | $39.6M | ||
| Q2 25 | $152.3M | $42.0M | ||
| Q1 25 | $152.8M | $40.6M | ||
| Q4 24 | $156.1M | $13.5M | ||
| Q3 24 | $164.3M | $13.7M | ||
| Q2 24 | $163.5M | $14.8M | ||
| Q1 24 | $164.3M | $16.7M |
| Q4 25 | — | $74.2M | ||
| Q3 25 | $175.7M | $69.6M | ||
| Q2 25 | $175.2M | $70.0M | ||
| Q1 25 | $175.2M | $63.5M | ||
| Q4 24 | $177.5M | $42.4M | ||
| Q3 24 | $190.0M | $39.0M | ||
| Q2 24 | $191.4M | $35.7M | ||
| Q1 24 | $177.5M | $35.2M |
| Q4 25 | — | — | ||
| 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× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.5M | $-1.5M |
| Free Cash FlowOCF − Capex | $1.5M | $-3.2M |
| FCF MarginFCF / Revenue | 5.9% | -22.3% |
| Capex IntensityCapex / Revenue | 0.0% | 11.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $3.8M | $-22.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $-1.5M | ||
| Q3 25 | $1.5M | $-7.5M | ||
| Q2 25 | $1.4M | $-3.5M | ||
| Q1 25 | $-2.5M | $-6.1M | ||
| Q4 24 | $3.5M | $-3.3M | ||
| Q3 24 | $1.5M | $-2.5M | ||
| Q2 24 | $721.9K | $-1.0M | ||
| Q1 24 | $624.4K | $-2.7M |
| Q4 25 | — | $-3.2M | ||
| Q3 25 | $1.5M | $-8.2M | ||
| Q2 25 | $1.3M | $-3.8M | ||
| Q1 25 | $-2.5M | $-7.0M | ||
| Q4 24 | $3.5M | $-3.4M | ||
| Q3 24 | $1.2M | $-4.2M | ||
| Q2 24 | $668.3K | $-3.1M | ||
| Q1 24 | $615.4K | $-2.8M |
| Q4 25 | — | -22.3% | ||
| Q3 25 | 5.9% | -64.1% | ||
| Q2 25 | 5.4% | -37.7% | ||
| Q1 25 | -22.8% | -136.2% | ||
| Q4 24 | 19.6% | -41.7% | ||
| Q3 24 | 4.9% | -96.9% | ||
| Q2 24 | 2.5% | -69.5% | ||
| Q1 24 | 9.0% | -76.9% |
| Q4 25 | — | 11.8% | ||
| Q3 25 | 0.0% | 5.9% | ||
| Q2 25 | 0.1% | 3.2% | ||
| Q1 25 | 0.1% | 17.0% | ||
| Q4 24 | 0.1% | 1.5% | ||
| Q3 24 | 1.0% | 38.8% | ||
| Q2 24 | 0.2% | 46.8% | ||
| Q1 24 | 0.1% | 3.5% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ITP
Segment breakdown not available.
SSII
| System Sales | $13.4M | 92% |
| Other | $1.2M | 8% |
