Company / SG&A Expense
IT TECH PACKAGING, INC. SG&A Expense History
FY2015-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest SG&A Expense
$14.8M
FY2024
5-year range
$9.1M / $14.8M
FY2020-FY2024
Trend
+63.1%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
SG&A Expense has fluctuated over the past 10 years, ranging from $5M in FY2015 to $15M in FY2024.
Based on SEC 10-K filings.
$15M in FY2024 with a 5-year CAGR of +2.5%.
Increased from $10M to $15M over the past 2 years.
SG&A Expense over time
Growth rates
- 3-Year CAGR
- +15.7%
- 5-Year CAGR
- +2.5%
- 10-Year CAGR
- -
Key checks
Key Insights
- 5-year CAGR of +2.5%, indicating consistent growth.
- In FY2024, sg&a expense increased 63.1% year-over-year.
- Lowest sg&a expense in the period was in FY2015.
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 | SG&A ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | $14.8M | +63.1% |
| FY2023 | $9.1M | -9.8% |
| FY2022 | $10.1M | +5.2% |
| FY2021 | $9.6M | -2.3% |
| FY2020 | $9.8M | -25.3% |
| FY2019 | $13.1M | +15.8% |
| FY2018 | $11.3M | -8.8% |
| FY2017 | $12.4M | +155.2% |
| FY2016 | $4.9M | +6.4% |
| FY2015 | $4.6M | +35.9% |
As of FY2024 · SEC 10-K · Updated Jun 24, 2026