IT Tech Packaging is a holding company. Through its subsidiaries, Co. is engaged in the production and distribution of three categories of paper products: corrugating medium paper (CMP), offset printing paper and tissue paper products. CMP is used in the manufacturing of cardboards. Offset printing paper is used for offset printing in the publishing industry. Co. processes base tissue paper purchased from long-term cooperative third party and produces finished tissue paper products, including toilet paper, boxed and soft-packed tissues, handkerchief tissues and paper napkins, as well as bathroom and kitchen paper towels that are marketed and sold under the Dongfang Paper brand. The ITP YTD return is shown above.
The YTD Return on the ITP YTD return page and across the coverage universe of our site,
is a measure of the total return for a given investment year-to-date for the current calendar year
(up to the end of prior trading session). Arguably, choosing the current calendar year for a measurement
period is on the one hand completely arbitrary, but on the other hand a year-to-date look can be extremely
useful in the context of our country's tax system which taxes gains and income on a calendar year basis.
Thus, researching Year-To-Date Returns is good practice for investors — whether ITP YTD return or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's YTD return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the ITP YTD return calculation (with any dividends reinvested as applicable), and to provide a
coverage universe of many stocks and ETFs to be able to compare YTD returns.
|