Intchains Group Limited logo

Intchains Group Limited

ICG

NASDAQTechnologySemiconductors

Previous close

$1.01

+$0.165 · +19.53%

Aug 21, 4:00 PM ET

ICG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

51

Fair Value

Momentum

24

Weakening

Sentiment

45

Mixed

Risk resilience

27

High Risk

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Company profile

Company website

Intchains Group Limited (ICG), established in 2017 and headquartered in Pudong, China, specializes in developing and distributing custom-designed integrated circuit chips (ASICs) along with their complementary software and hardware. These advanced solutions are engineered specifically for blockchain applications within the People's Republic of China. The company caters to a diverse client base, including distributors, corporate entities, and private individuals.

Industry
Semiconductors
Sector
Technology
Headquarters
CN
CEO
Qiang Ding
Listed since
Mar 16, 2023
Employees
127

Market position

Day range

Current $1.01

52-week range

Current $1.01

Open
$0.7902
Previous close
$0.845
Volume
1.8M
5.26× average
Average volume
341.56K
Average daily volume
Market cap
30.53M USD
Beta
1.06
Market reference 1
50-day average
$0.8187
+23.37% above average
200-day average
$1.2775
-20.94% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
153.21M CNY
EV / EBITDA
-2.05×
Earnings yield
-13.38%
Free cash flow yield
-25.81%

Profitability & efficiency

Return on equity
-5.20%
Return on assets
-4.98%
Return on invested capital
-6.48%

Financial health

Current ratio
13.6×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends98%34%-31%-95%Gross margin, FY2021: 81.96%Gross margin, FY2022: 81.63%Gross margin, FY2023: 11.04%Gross margin, FY2024: 53.70%Gross margin, FY2025: 7.23%Operating margin, FY2021: 70.80%Operating margin, FY2022: 68.12%Operating margin, FY2023: -79.01%Operating margin, FY2024: 1.12%Operating margin, FY2025: -47.36%Net margin, FY2021: 71.24%Net margin, FY2022: 74.98%Net margin, FY2023: -32.59%Net margin, FY2024: 18.28%Net margin, FY2025: -23.56%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 81.96%. Gross margin FY2022 81.63%. Gross margin FY2023 11.04%. Gross margin FY2024 53.70%. Gross margin FY2025 7.23%. Operating margin FY2021 70.80%. Operating margin FY2022 68.12%. Operating margin FY2023 -79.01%. Operating margin FY2024 1.12%. Operating margin FY2025 -47.36%. Net margin FY2021 71.24%. Net margin FY2022 74.98%. Net margin FY2023 -32.59%. Net margin FY2024 18.28%. Net margin FY2025 -23.56%.

Income trends

Revenue

214.85M CNY-23.75%

Operating income

−101.75M CNY−104.91M CNY

Net income

−50.62M CNY−102.12M CNY
Income trends across reported periods705.2M CNY411.76M CNY118.32M CNY−175.11M CNYRevenue, FY2021: 631.84M CNYRevenue, FY2022: 473.74M CNYRevenue, FY2023: 82.23M CNYRevenue, FY2024: 281.77M CNYRevenue, FY2025: 214.85M CNYOperating income, FY2021: 447.32M CNYOperating income, FY2022: 322.71M CNYOperating income, FY2023: −64.97M CNYOperating income, FY2024: 3.16M CNYOperating income, FY2025: −101.75M CNYNet income, FY2021: 450.14M CNYNet income, FY2022: 355.2M CNYNet income, FY2023: −26.8M CNYNet income, FY2024: 51.5M CNYNet income, FY2025: −50.62M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 631.84M CNY. Revenue FY2022 473.74M CNY. Revenue FY2023 82.23M CNY. Revenue FY2024 281.77M CNY. Revenue FY2025 214.85M CNY. Operating income FY2021 447.32M CNY. Operating income FY2022 322.71M CNY. Operating income FY2023 −64.97M CNY. Operating income FY2024 3.16M CNY. Operating income FY2025 −101.75M CNY. Net income FY2021 450.14M CNY. Net income FY2022 355.2M CNY. Net income FY2023 −26.8M CNY. Net income FY2024 51.5M CNY. Net income FY2025 −50.62M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue214.85M CNY281.77M CNY82.23M CNY473.74M CNY631.84M CNY
Cost of goods sold199.32M CNY130.45M CNY73.15M CNY87.02M CNY113.96M CNY
Gross profit15.53M CNY151.32M CNY9.08M CNY386.72M CNY517.88M CNY
Research and development75.19M CNY109.44M CNY42.3M CNY48.39M CNY53.15M CNY
Selling, general, and administrative42.09M CNY38.72M CNY31.74M CNY15.63M CNY17.41M CNY
Operating expenses117.28M CNY148.37M CNY74.05M CNY64.01M CNY70.56M CNY
Interest income10.71M CNY16.24M CNY16.75M CNY11.13M CNY2.52M CNY
Interest expense56K CNY62K CNY73K CNY197K CNY
Depreciation and amortization6.82M CNY4.98M CNY3.83M CNY1.81M CNY553K CNY
Operating income−101.75M CNY3.16M CNY−64.97M CNY322.71M CNY447.32M CNY
Net income−50.62M CNY51.5M CNY−26.8M CNY355.2M CNY450.14M CNY

Company facts updated Aug 24, 2026.

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