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Side-by-side financial comparison of IT TECH PACKAGING, INC. (ITP) and UNITED SECURITY BANCSHARES (UBFO). 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 $13.5M, roughly 1.9× UNITED SECURITY BANCSHARES). UNITED SECURITY BANCSHARES runs the higher net margin — 25.2% vs -5.7%, a 30.9% gap on every dollar of revenue. On growth, UNITED SECURITY BANCSHARES posted the faster year-over-year revenue change (13.6% vs 2.1%). UNITED SECURITY BANCSHARES produced more free cash flow last quarter ($19.8M vs $1.5M). Over the past eight quarters, IT TECH PACKAGING, INC.'s revenue compounded faster (10.5% CAGR vs 3.0%).

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.

United Security Bancshares is a bank holding company headquartered in Fresno, California. It operates 11 branches.

ITP vs UBFO — Head-to-Head

Bigger by revenue
ITP
ITP
1.9× larger
ITP
$25.6M
$13.5M
UBFO
Growing faster (revenue YoY)
UBFO
UBFO
+11.5% gap
UBFO
13.6%
2.1%
ITP
Higher net margin
UBFO
UBFO
30.9% more per $
UBFO
25.2%
-5.7%
ITP
More free cash flow
UBFO
UBFO
$18.3M more FCF
UBFO
$19.8M
$1.5M
ITP
Faster 2-yr revenue CAGR
ITP
ITP
Annualised
ITP
10.5%
3.0%
UBFO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ITP
ITP
UBFO
UBFO
Revenue
$25.6M
$13.5M
Net Profit
$-1.4M
$3.4M
Gross Margin
7.9%
Operating Margin
-3.9%
31.5%
Net Margin
-5.7%
25.2%
Revenue YoY
2.1%
13.6%
Net Profit YoY
26.6%
36.8%
EPS (diluted)
$-0.11
$0.18

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
UBFO
UBFO
Q4 25
$13.5M
Q3 25
$25.6M
$14.0M
Q2 25
$24.8M
$12.6M
Q1 25
$10.9M
$13.7M
Q4 24
$17.6M
$11.9M
Q3 24
$25.1M
$13.8M
Q2 24
$26.2M
$13.0M
Q1 24
$6.9M
$12.8M
Net Profit
ITP
ITP
UBFO
UBFO
Q4 25
$3.4M
Q3 25
$-1.4M
$4.0M
Q2 25
$-2.0M
$2.2M
Q1 25
$-3.5M
$2.7M
Q4 24
$-4.0M
$2.5M
Q3 24
$-2.0M
$3.8M
Q2 24
$-77.7K
$4.3M
Q1 24
$-3.7M
$4.2M
Gross Margin
ITP
ITP
UBFO
UBFO
Q4 25
Q3 25
7.9%
Q2 25
5.1%
Q1 25
0.8%
Q4 24
6.3%
Q3 24
7.6%
Q2 24
12.4%
Q1 24
5.8%
Operating Margin
ITP
ITP
UBFO
UBFO
Q4 25
31.5%
Q3 25
-3.9%
40.3%
Q2 25
-7.1%
24.0%
Q1 25
-31.0%
27.5%
Q4 24
-21.5%
27.5%
Q3 24
-5.8%
37.1%
Q2 24
2.1%
46.4%
Q1 24
-51.0%
45.9%
Net Margin
ITP
ITP
UBFO
UBFO
Q4 25
25.2%
Q3 25
-5.7%
28.7%
Q2 25
-7.9%
17.2%
Q1 25
-32.2%
19.6%
Q4 24
-22.9%
20.9%
Q3 24
-7.9%
27.7%
Q2 24
-0.3%
33.0%
Q1 24
-54.6%
32.6%
EPS (diluted)
ITP
ITP
UBFO
UBFO
Q4 25
$0.18
Q3 25
$-0.11
$0.23
Q2 25
$-0.16
$0.13
Q1 25
$-0.35
$0.16
Q4 24
$-0.40
$0.14
Q3 24
$-0.20
$0.22
Q2 24
$-0.01
$0.25
Q1 24
$-0.37
$0.24

Balance Sheet & Financial Strength

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

Metric
ITP
ITP
UBFO
UBFO
Cash + ST InvestmentsLiquidity on hand
$264.2M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$152.0M
$139.7M
Total Assets
$175.7M
$1.2B
Debt / EquityLower = less leverage
0.03×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ITP
ITP
UBFO
UBFO
Q4 25
$264.2M
Q3 25
$211.1M
Q2 25
$199.5M
Q1 25
$198.4M
Q4 24
$216.9M
Q3 24
$216.8M
Q2 24
$166.3M
Q1 24
$168.6M
Total Debt
ITP
ITP
UBFO
UBFO
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
UBFO
UBFO
Q4 25
$139.7M
Q3 25
$152.0M
$137.4M
Q2 25
$152.3M
$134.3M
Q1 25
$152.8M
$132.9M
Q4 24
$156.1M
$130.4M
Q3 24
$164.3M
$132.9M
Q2 24
$163.5M
$127.3M
Q1 24
$164.3M
$124.2M
Total Assets
ITP
ITP
UBFO
UBFO
Q4 25
$1.2B
Q3 25
$175.7M
$1.2B
Q2 25
$175.2M
$1.2B
Q1 25
$175.2M
$1.2B
Q4 24
$177.5M
$1.2B
Q3 24
$190.0M
$1.3B
Q2 24
$191.4M
$1.2B
Q1 24
$177.5M
$1.2B
Debt / Equity
ITP
ITP
UBFO
UBFO
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
UBFO
UBFO
Operating Cash FlowLast quarter
$1.5M
$22.1M
Free Cash FlowOCF − Capex
$1.5M
$19.8M
FCF MarginFCF / Revenue
5.9%
146.0%
Capex IntensityCapex / Revenue
0.0%
16.8%
Cash ConversionOCF / Net Profit
6.46×
TTM Free Cash FlowTrailing 4 quarters
$3.8M
$36.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ITP
ITP
UBFO
UBFO
Q4 25
$22.1M
Q3 25
$1.5M
$7.0M
Q2 25
$1.4M
$8.7M
Q1 25
$-2.5M
$3.0M
Q4 24
$3.5M
$19.6M
Q3 24
$1.5M
$5.4M
Q2 24
$721.9K
$2.3M
Q1 24
$624.4K
$7.4M
Free Cash Flow
ITP
ITP
UBFO
UBFO
Q4 25
$19.8M
Q3 25
$1.5M
$6.1M
Q2 25
$1.3M
$8.1M
Q1 25
$-2.5M
$2.9M
Q4 24
$3.5M
$18.6M
Q3 24
$1.2M
$5.3M
Q2 24
$668.3K
$2.0M
Q1 24
$615.4K
$7.0M
FCF Margin
ITP
ITP
UBFO
UBFO
Q4 25
146.0%
Q3 25
5.9%
43.7%
Q2 25
5.4%
64.3%
Q1 25
-22.8%
21.2%
Q4 24
19.6%
156.0%
Q3 24
4.9%
38.1%
Q2 24
2.5%
15.5%
Q1 24
9.0%
54.8%
Capex Intensity
ITP
ITP
UBFO
UBFO
Q4 25
16.8%
Q3 25
0.0%
6.0%
Q2 25
0.1%
4.6%
Q1 25
0.1%
0.9%
Q4 24
0.1%
8.7%
Q3 24
1.0%
0.7%
Q2 24
0.2%
2.2%
Q1 24
0.1%
3.6%
Cash Conversion
ITP
ITP
UBFO
UBFO
Q4 25
6.46×
Q3 25
1.73×
Q2 25
4.01×
Q1 25
1.13×
Q4 24
7.87×
Q3 24
1.40×
Q2 24
0.54×
Q1 24
1.79×

Financial Flow Comparison

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

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