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Private company

Industrial Technical Holdings Corp

Industrial Technical Holdings Corp is a farm machinery and equipment company in the British Virgin Islands.1 It is headquartered in Jimo/Qingdao, China.1

Last updated Oct 21, 2026.

Overview

$6.6MRevenue, fiscal 20212
-$738.5KNet income, fiscal 20212
  • IndustryFarm Machinery & Equipment1
  • HeadquartersJimo/Qingdao, China1
  • Incorporated inVirgin Islands, British3
  • Business addressHuanxiu Street Office, Shuanglong Industrial Park, Jimo/Qingdao, F4 2662013
  • Filer categoryNon-accelerated filer, Emerging growth company3

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Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

26.1%Gross margin2
-10.5%Operating margin2
-11.1%Net margin2
32.8%Revenue growth, 20212
-101.1%Return on equity2

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue74¢$4.9M
  • Other costs26¢$1.7M
  • Income tax0¢$3.6K

Out of $6.6M in revenue.2 The company lost money this year.

Financial statements

Revenue452$6.6M in 2021+7% since 2018
0$2.0M$4.0M$6.0M$8.0M2018: $6.2M$6.2M20182019: $5.9M$5.9M2019−4%2020: $5.0M$5.0M2020−16%2021: $6.6M$6.6M2021+33%
Gross profit452$1.7M in 2021+20% since 2018
0$500.0K$1.0M$1.5M$2.0M2018: $1.4M$1.4M20182019: $1.9M$1.9M2019+29%2020: $1.8M$1.8M2020−5%2021: $1.7M$1.7M2021−2%
Operating income452-$694.7K in 2021−18% since 2018
-$1.0M-$750.0K-$500.0K-$250.0K02018: -$851.0K-$851.0K20182019: -$72.6K-$72.6K2019−91%2020: -$99.1K-$99.1K2020+36%2021: -$694.7K-$694.7K2021+601%
Net income452-$738.5K in 2021+16% since 2018
-$800.0K-$600.0K-$400.0K-$200.0K02018: -$635.3K-$635.3K20182019: -$28.9K-$28.9K2019−95%2020: -$173.3K-$173.3K2020+501%2021: -$738.5K-$738.5K2021+326%
Fiscal year20172018201920202021
Revenue$6.2M4$5.9M5$5.0M2$6.6M2
Cost of revenue$4.7M4$4.1M5$3.2M2$4.9M2
Gross profit$1.4M4$1.9M5$1.8M2$1.7M2
Operating expenses$2.4M2
Operating income-$851.0K4-$72.6K5-$99.1K2-$694.7K2
Income before tax-$734.8K2
Income tax$04$10.7K5$18.7K2$3.6K2
Net income-$635.3K4-$28.9K5-$173.3K2-$738.5K2
Earnings per share-$0.052-$0.222
Shares (weighted, basic)3.4M shares2

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What it owns

What Industrial Technical Holdings Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Construction in progress$110.7K2 Dec 31, 2021$108.0K2 Dec 31, 2020+2.4%
Property and equipment, before depreciation$1.4M2 Dec 31, 2021$1.7M2 Dec 31, 2020−20.9%
Accumulated depreciation$1.1M2 Dec 31, 2021$1.4M2 Dec 31, 2020−20.3%
Property and equipment, net$284.7K2 Dec 31, 2021$371.7K2 Dec 31, 2020−23.4%
Finance-lease assets$425.9K2 Dec 31, 2021$415.8K2 Dec 31, 2020+2.4%
Operating-lease assets (leased space)$425.9K2 Dec 31, 2021$415.8K2 Dec 31, 2020+2.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$39.3K2 Dec 31, 2021$56.0K2 Dec 31, 2020−29.7%

Intangibles and goodwill

ItemLatestA year beforeChange
Finite-lived intangibles, net$4.0K2 Dec 31, 2021$5.8K2 Dec 31, 2020−30.1%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.4M2 Dec 31, 2021$2.0M2 Dec 31, 2020+22.8%
Raw materials$578.6K2 Dec 31, 2021$378.5K2 Dec 31, 2020+52.8%
Work in process$307.3K2 Dec 31, 2021$609.4K2 Dec 31, 2020−49.6%
Finished goods$1.4M2 Dec 31, 2021$1.1M2 Dec 31, 2020+31.4%

Filings

3 filings to the SEC since October 2021: 1 annual reports, 2 other. The latest 3:

  1. Nov 22, 202215-15D EDGAR
  2. May 23, 202220-F EDGAR
  3. May 2, 2022NT 20-F EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Industrial Technical Holdings Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARIndustrial Technical Holdings Corp1
  • CIK0001786989
  • Filer statusNon-accelerated filer<br>emerging growth company1
  • Incorporated inVirgin Islands, British1
  • Fiscal year endsDecember 311
  • Industry code (SIC)3523 Farm Machinery & Equipment1
  • Business addressHuanxiu Street Office, Shuanglong Industrial Park, Jimo/Qingdao, F4 2662011
  • Phone86(0)532-89657397-01
  • Shares outstanding3,378,760 as of Dec 31, 20212
  • On EDGAR sinceSep 4, 20191
  • Filings24 in all: F-1/A (7), UPLOAD (7), 20-F (3), 6-K (2), 15-15D (1), CORRESP (1), EFFECT (1), F-1 (1)1
    All 9 form types

    NT 20-F (1)

  • Latest filingsAnnual report (20-F) May 23, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

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