Company / Return on Assets (ROA)
IT TECH PACKAGING, INC. Return on Assets (ROA) History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Return on Assets (ROA)
-5.5%
FY2024
5-year range
-8.1% / 0.4%
FY2020-FY2024
Trend
-8.4%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Return on Assets (ROA) has fluctuated over the past 10 years, ranging from -8.1% in FY2022 to 5.6% in FY2016.
Based on SEC 10-K filings.
-5.5% in FY2024 with a 5-year CAGR of +0.0%.
Improved from -8.1% to -5.5% over the past 2 years.
Return on Assets (ROA) over time
Growth rates
- 3-Year Change
- -5.9pp
- 5-Year Change
- +0.0pp
- 10-Year Change
- -
Key checks
Key Insights
- In FY2024, return on assets (roa) decreased 8.4% year-over-year.
- Peak return on assets (roa) was recorded in FY2016.
- Lowest return on assets (roa) in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 3.72 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Return on Assets (ROA)Value | YoY GrowthYoY |
|---|---|---|
| FY2024 | -5.5% | -8.4% |
| FY2023 | -5.1% | +37.0% |
| FY2022 | -8.1% | -2291.9% |
| FY2021 | 0.4% | +125.9% |
| FY2020 | -1.4% | +74.2% |
| FY2019 | -5.5% | -775.6% |
| FY2018 | 0.8% | -75.4% |
| FY2017 | 3.3% | -40.6% |
| FY2016 | 5.6% | +3.1% |
| FY2015 | 5.5% | -10.9% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026