vs

Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) and STEM, INC. (STEM). Click either name above to swap in a different company.

STEM, INC. is the larger business by last-quarter revenue ($47.1M vs $25.6M, roughly 1.8× IT TECH PACKAGING, INC.). IT TECH PACKAGING, INC. runs the higher net margin — -5.7% vs -33.9%, a 28.2% gap on every dollar of revenue. On growth, IT TECH PACKAGING, INC. posted the faster year-over-year revenue change (2.1% vs -15.6%). Over the past eight quarters, STEM, INC.'s revenue compounded faster (36.1% 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.

StemCells, Inc. is a public biopharmaceutical company headquartered in Newark, California, that is developing purified human neural stem cells (HuCNS-SCs) in the hopes of treating central nervous system disorders and paralysis. StemCells' HuCNS-SCs have the ability to differentiate into the three main types of cells found in the central nervous system: neurons, astrocytes and oligodendrocytes.

ITP vs STEM — Head-to-Head

Bigger by revenue
STEM
STEM
1.8× larger
STEM
$47.1M
$25.6M
ITP
Growing faster (revenue YoY)
ITP
ITP
+17.6% gap
ITP
2.1%
-15.6%
STEM
Higher net margin
ITP
ITP
28.2% more per $
ITP
-5.7%
-33.9%
STEM
Faster 2-yr revenue CAGR
STEM
STEM
Annualised
STEM
36.1%
10.5%
ITP

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ITP
ITP
STEM
STEM
Revenue
$25.6M
$47.1M
Net Profit
$-1.4M
$-16.0M
Gross Margin
7.9%
48.9%
Operating Margin
-3.9%
-17.7%
Net Margin
-5.7%
-33.9%
Revenue YoY
2.1%
-15.6%
Net Profit YoY
26.6%
68.8%
EPS (diluted)
$-0.11
$-4.40

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
STEM
STEM
Q4 25
$47.1M
Q3 25
$25.6M
$38.2M
Q2 25
$24.8M
$38.4M
Q1 25
$10.9M
$32.5M
Q4 24
$17.6M
$55.8M
Q3 24
$25.1M
$29.3M
Q2 24
$26.2M
$34.0M
Q1 24
$6.9M
$25.5M
Net Profit
ITP
ITP
STEM
STEM
Q4 25
$-16.0M
Q3 25
$-1.4M
$-23.8M
Q2 25
$-2.0M
$202.5M
Q1 25
$-3.5M
$-25.0M
Q4 24
$-4.0M
$-51.1M
Q3 24
$-2.0M
$-148.3M
Q2 24
$-77.7K
$-582.3M
Q1 24
$-3.7M
$-72.3M
Gross Margin
ITP
ITP
STEM
STEM
Q4 25
48.9%
Q3 25
7.9%
35.5%
Q2 25
5.1%
33.4%
Q1 25
0.8%
32.4%
Q4 24
6.3%
-4.4%
Q3 24
7.6%
21.2%
Q2 24
12.4%
27.6%
Q1 24
5.8%
-95.0%
Operating Margin
ITP
ITP
STEM
STEM
Q4 25
-17.7%
Q3 25
-3.9%
-33.6%
Q2 25
-7.1%
-34.8%
Q1 25
-31.0%
-65.0%
Q4 24
-21.5%
-84.4%
Q3 24
-5.8%
-493.2%
Q2 24
2.1%
-1705.5%
Q1 24
-51.0%
-267.0%
Net Margin
ITP
ITP
STEM
STEM
Q4 25
-33.9%
Q3 25
-5.7%
-62.2%
Q2 25
-7.9%
527.8%
Q1 25
-32.2%
-76.9%
Q4 24
-22.9%
-91.6%
Q3 24
-7.9%
-506.3%
Q2 24
-0.3%
-1712.6%
Q1 24
-54.6%
-283.9%
EPS (diluted)
ITP
ITP
STEM
STEM
Q4 25
$-4.40
Q3 25
$-0.11
$-2.84
Q2 25
$-0.16
$-1.79
Q1 25
$-0.35
$-0.15
Q4 24
$-0.40
$-15.29
Q3 24
$-0.20
$-18.24
Q2 24
$-0.01
$-71.81
Q1 24
$-0.37
$-0.46

Balance Sheet & Financial Strength

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

Metric
ITP
ITP
STEM
STEM
Cash + ST InvestmentsLiquidity on hand
$48.9M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$152.0M
$-249.4M
Total Assets
$175.7M
$308.9M
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITP
ITP
STEM
STEM
Q4 25
$48.9M
Q3 25
$43.1M
Q2 25
$40.8M
Q1 25
$58.6M
Q4 24
$56.3M
Q3 24
$75.4M
Q2 24
$89.6M
Q1 24
$112.8M
Total Debt
ITP
ITP
STEM
STEM
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
Stockholders' Equity
ITP
ITP
STEM
STEM
Q4 25
$-249.4M
Q3 25
$152.0M
$-235.7M
Q2 25
$152.3M
$-214.1M
Q1 25
$152.8M
$-417.5M
Q4 24
$156.1M
$-398.4M
Q3 24
$164.3M
$-344.1M
Q2 24
$163.5M
$-203.2M
Q1 24
$164.3M
$371.6M
Total Assets
ITP
ITP
STEM
STEM
Q4 25
$308.9M
Q3 25
$175.7M
$362.6M
Q2 25
$175.2M
$379.2M
Q1 25
$175.2M
$405.1M
Q4 24
$177.5M
$437.4M
Q3 24
$190.0M
$537.8M
Q2 24
$191.4M
$691.5M
Q1 24
$177.5M
$1.3B
Debt / Equity
ITP
ITP
STEM
STEM
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
ITP
ITP
STEM
STEM
Operating Cash FlowLast quarter
$1.5M
$8.2M
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
STEM
STEM
Q4 25
$8.2M
Q3 25
$1.5M
$11.4M
Q2 25
$1.4M
$-21.3M
Q1 25
$-2.5M
$8.5M
Q4 24
$3.5M
$-14.7M
Q3 24
$1.5M
$-9.4M
Q2 24
$721.9K
$-11.9M
Q1 24
$624.4K
$-621.0K
Free Cash Flow
ITP
ITP
STEM
STEM
Q4 25
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
FCF Margin
ITP
ITP
STEM
STEM
Q4 25
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%
Capex Intensity
ITP
ITP
STEM
STEM
Q4 25
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%
Cash Conversion
ITP
ITP
STEM
STEM
Q4 25
Q3 25
Q2 25
-0.11×
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

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

Related Comparisons