Symbols / ICG Stock $1.26 +2.44% Intchains Group Limited

Technology • Semiconductors • China • NCM
ICG (Stock) Chart
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Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Semiconductors
CEO Mr. Qiang Ding
Exch · Country NCM · China
Market Cap 76.50M
Enterprise Value -335.10M
Income -47.53M
Sales 220.86M
FCF (ttm) -3.39M
Book/sh 2.37
Cash/sh 4.03
Employees 127
Insider 10d —
IPO Mar 16, 2023
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout —
P/E —
Forward P/E -74.12
PEG —
P/S 0.35
P/B 0.53
P/C —
EV/EBITDA 3.43
EV/Sales -1.52
Quick Ratio 11.45
Current Ratio 14.10
Debt/Eq 0.11
LT Debt/Eq —
EPS (ttm) -0.11
EPS next Y -0.02
EPS Growth —
Revenue Growth -51.30%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-05-21
Earnings (prior) 2026-02-26
ROA -6.20%
ROE -4.78%
ROIC —
Gross Margin 7.23%
Oper. Margin -231.34%
Profit Margin -21.52%
Shs Outstand 28.72M
Shs Float 29.41M
Insider Own 0.00%
Instit Own 1.02%
Short Float 0.92%
Short Ratio 0.20
Short Interest 184.62K
52W High 3.25
vs 52W High -61.23%
52W Low 0.93
vs 52W Low 35.48%
Beta 1.34
Impl. Vol. —
Rel Volume 0.07
Avg Volume 371.45K
Volume 27.75K
Target (mean) $3.00
Tgt Median $3.00
Tgt Low $3.00
Tgt High $3.00
# Analysts 2
Recom None
Prev Close $1.23
Price $1.26
Change 2.44%
About

Intchains Group Limited engages in the provision of altcoin mining products in the People's Republic of China. It focuses on designing and sales of application-specific integrated circuit chips for blockchain applications. The company also offers Xihe Platform, which integrates self-developed blockchain proof-of-work algorithms and related cryptographic algorithms, as well as systematic data analysis process. In addition, it offers ancillary software, hardware, and other products. It serves distributors. Intchains Group Limited was founded in 2017 and is based in Pudong, China.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$3.00
Mean price target
2. Current target
$1.26
Latest analyst target
3. DCF / Fair value
$-2.12
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.26
Low
$3.00
High
$3.00
Mean
$3.00

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-03-10 main Benchmark Buy → Buy $3
2025-05-27 main Maxim Group Buy → Buy $8
2025-04-07 init Maxim Group — → Buy $8
2024-08-16 main Benchmark Buy → Buy $11
2024-08-06 reit Benchmark Buy → Buy $10
2024-06-24 init Benchmark — → Buy $10
2024-06-21 init Benchmark — → Buy $10
News
RSS: Latest ICG news
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
220.86
-21.61%
281.77
+242.68%
82.22
-82.64%
473.74
Operating Revenue
220.86
-21.61%
281.77
+242.68%
82.22
-82.64%
473.74
Cost Of Revenue
204.90
+57.07%
130.45
+78.34%
73.15
-15.94%
87.02
Reconciled Cost Of Revenue
204.90
+57.07%
130.45
+78.34%
73.15
-15.94%
87.02
Gross Profit
15.96
-89.45%
151.31
+1566.83%
9.08
-97.65%
386.72
Operating Expense
112.02
-20.14%
140.27
+130.53%
60.84
+77.83%
34.22
Research And Development
77.30
-29.37%
109.44
+158.71%
42.30
-12.57%
48.39
Selling General And Administration
43.27
+11.76%
38.72
+21.97%
31.74
+103.12%
15.63
Selling And Marketing Expense
8.82
+4.20%
8.47
+29.64%
6.53
+60.49%
4.07
General And Administrative Expense
34.45
+13.88%
30.25
+19.98%
25.21
+118.14%
11.56
Other Gand A
34.45
+13.88%
30.25
+19.98%
25.21
+118.14%
11.56
Other Operating Expenses
-8.55
-8.31%
-7.89
+40.22%
-13.20
+55.70%
-29.80
Total Expenses
316.92
+17.07%
270.72
+102.04%
133.99
+10.52%
121.24
Operating Income
-96.06
-969.52%
11.05
+121.34%
-51.77
-114.69%
352.50
Total Operating Income As Reported
-104.68
-3653.19%
2.95
+104.53%
-64.97
-120.13%
322.70
EBITDA
-77.00
-239.45%
55.22
+274.41%
-31.66
-108.58%
368.94
Normalized EBITDA
-78.99
-346.51%
32.04
+202.34%
-31.31
-108.57%
365.44
Reconciled Depreciation
6.82
+36.77%
4.98
+30.10%
3.83
+111.95%
1.81
EBIT
-83.81
-266.85%
50.23
+241.55%
-35.49
-109.67%
367.13
Total Unusual Items
1.99
-91.42%
23.17
+6721.14%
-0.35
-110.02%
3.49
Total Unusual Items Excluding Goodwill
1.99
-91.42%
23.17
+6721.14%
-0.35
-110.02%
3.49
Special Income Charges
-0.07
+64.76%
-0.21
0.00
0.00
Impairment Of Capital Assets
0.07
-64.76%
0.21
0.00
0.00
Net Income
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Pretax Income
-83.86
-267.12%
50.18
+241.14%
-35.55
-109.69%
367.06
Net Non Operating Interest Income Expense
10.97
-32.17%
16.18
-3.05%
16.69
+50.90%
11.06
Interest Expense Non Operating
0.04
-28.57%
0.06
-9.68%
0.06
-15.07%
0.07
Net Interest Income
10.97
-32.17%
16.18
-3.05%
16.69
+50.90%
11.06
Interest Expense
0.04
-28.57%
0.06
-9.68%
0.06
-15.07%
0.07
Interest Income Non Operating
11.01
-32.16%
16.23
-3.07%
16.75
+50.47%
11.13
Interest Income
11.01
-32.16%
16.23
-3.07%
16.75
+50.47%
11.13
Other Income Expense
1.23
-94.65%
22.95
+4962.50%
-0.47
-113.51%
3.49
Other Non Operating Income Expenses
-0.76
-241.26%
-0.22
-82.79%
-0.12
—
Gain On Sale Of Security
2.06
-91.18%
23.38
+6781.14%
-0.35
-110.02%
3.49
Tax Provision
-36.32
-2651.74%
-1.32
+84.92%
-8.76
-173.85%
11.86
Tax Rate For Calcs
0.00
+0.00%
0.00
+1.46%
0.00
+665.22%
0.00
Tax Effect Of Unusual Items
0.50
-91.42%
5.79
+6817.88%
-0.09
-176.65%
0.11
Net Income Including Noncontrolling Interests
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Net Income From Continuing Operation Net Minority Interest
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Net Income From Continuing And Discontinued Operation
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Net Income Continuous Operations
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Normalized Income
-49.02
-243.69%
34.12
+228.59%
-26.53
-107.54%
351.82
Net Income Common Stockholders
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Diluted EPS
—
0.86
+295.45%
-0.44
-107.73%
5.69
Basic EPS
—
0.86
+295.45%
-0.44
-107.73%
5.69
Basic Average Shares
—
59.97
+0.46%
59.69
-4.33%
62.40
Diluted Average Shares
—
60.01
+0.52%
59.69
-4.33%
62.40
Diluted NI Availto Com Stockholders
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Line Item Trend 2025-12-31 2024-12-31 2023-12-31
Total Assets
1,015.39
-6.80%
1,089.51
+11.26%
979.25
Current Assets
582.01
-19.27%
720.90
-7.28%
777.52
Cash Cash Equivalents And Short Term Investments
468.09
-10.12%
520.81
-24.34%
688.35
Cash And Cash Equivalents
221.66
-31.22%
322.25
-44.93%
585.17
Cash Equivalents
0.43
-95.05%
8.65
—
Cash Financial
221.23
-29.45%
313.60
-46.41%
585.17
Other Short Term Investments
246.43
+24.11%
198.56
+92.45%
103.17
Receivables
49.54
+74.69%
28.36
+105.00%
13.83
Accounts Receivable
—
—
—
Gross Accounts Receivable
—
—
—
Allowance For Doubtful Accounts Receivable
—
—
—
Taxes Receivable
48.95
+81.23%
27.01
+577.14%
3.99
Accrued Interest Receivable
0.58
-56.61%
1.35
-86.33%
9.84
Inventory
52.15
-47.12%
98.61
+136.11%
41.77
Raw Materials
26.68
-10.56%
29.83
+44.22%
20.69
Work In Process
120.19
-5.87%
127.68
+1208.74%
9.76
Finished Goods
62.25
+2553.62%
2.35
-93.52%
36.22
Prepaid Assets
5.11
-87.57%
41.10
+23.23%
33.36
Other Current Assets
7.12
-77.77%
32.01
+14857.94%
0.21
Total Non Current Assets
433.38
+17.57%
368.61
+82.72%
201.73
Net PPE
142.68
-9.32%
157.34
-3.93%
163.78
Gross PPE
159.62
-5.19%
168.35
-1.01%
170.07
Accumulated Depreciation
-16.94
-53.79%
-11.01
-74.91%
-6.30
Properties
0.00
0.00
0.00
Buildings And Improvements
138.68
+221.64%
43.12
-0.13%
43.17
Machinery Furniture Equipment
19.84
+17.58%
16.87
+38.83%
12.15
Construction In Progress
0.00
-100.00%
107.94
-4.35%
112.86
Other Properties
1.10
+304.41%
0.27
-84.32%
1.74
Leases
0.00
-100.00%
0.15
-5.13%
0.16
Goodwill And Other Intangible Assets
199.58
+31.01%
152.34
+3643.05%
4.07
Other Intangible Assets
199.58
+31.01%
152.34
+3643.05%
4.07
Investments And Advances
21.49
+4.46%
20.57
+2.84%
20.00
Non Current Deferred Assets
61.29
+111.76%
28.94
+124.37%
12.90
Non Current Deferred Taxes Assets
61.29
+111.76%
28.94
+124.37%
12.90
Non Current Prepaid Assets
—
0.00
-100.00%
0.57
Other Non Current Assets
8.35
-11.38%
9.42
+2137.29%
0.42
Total Liabilities Net Minority Interest
43.35
-43.30%
76.44
+164.28%
28.93
Current Liabilities
42.79
-44.03%
76.44
+171.42%
28.16
Payables And Accrued Expenses
22.54
-34.31%
34.31
+145.69%
13.96
Payables
22.54
-34.31%
34.31
+145.69%
13.96
Accounts Payable
3.02
-79.63%
14.85
+7513.85%
0.20
Other Payable
16.01
+25.13%
12.80
+43.56%
8.91
Current Accrued Expenses
—
—
0.00
Total Tax Payable
3.50
-47.50%
6.67
+37.28%
4.86
Income Tax Payable
0.04
-98.07%
2.02
+23.81%
1.63
Current Debt And Capital Lease Obligation
0.54
+99.26%
0.27
-75.34%
1.10
Current Capital Lease Obligation
0.54
+99.26%
0.27
-75.34%
1.10
Current Deferred Liabilities
16.46
-56.04%
37.45
+281.02%
9.83
Current Deferred Revenue
16.46
-56.04%
37.45
+281.02%
9.83
Other Current Liabilities
2.87
-25.58%
3.85
+19.30%
3.23
Total Non Current Liabilities Net Minority Interest
0.56
0.00
-100.00%
0.76
Long Term Debt And Capital Lease Obligation
0.56
0.00
-100.00%
0.76
Long Term Capital Lease Obligation
0.56
0.00
-100.00%
0.76
Non Current Deferred Liabilities
—
—
0.00
Non Current Deferred Taxes Liabilities
—
—
0.00
Stockholders Equity
972.04
-4.05%
1,013.07
+6.60%
950.33
Common Stock Equity
972.04
-4.05%
1,013.07
+6.60%
950.33
Capital Stock
0.00
+0.00%
0.00
+0.00%
0.00
Common Stock
0.00
+0.00%
0.00
+0.00%
0.00
Share Issued
121.48
+1.17%
120.08
+0.17%
119.88
Ordinary Shares Number
121.42
+1.17%
120.02
+0.12%
119.88
Treasury Shares Number
0.06
+0.00%
0.06
0.00
Additional Paid In Capital
211.28
+8.22%
195.24
+4.82%
186.26
Retained Earnings
710.05
-6.85%
762.29
+6.77%
713.96
Gains Losses Not Affecting Retained Earnings
50.72
-8.67%
55.54
+10.85%
50.10
Other Equity Adjustments
50.72
-8.67%
55.54
+10.85%
50.10
Total Equity Gross Minority Interest
972.04
-4.05%
1,013.07
+6.60%
950.33
Total Capitalization
972.04
-4.05%
1,013.07
+6.60%
950.33
Working Capital
539.22
-16.33%
644.46
-14.00%
749.35
Invested Capital
972.04
-4.05%
1,013.07
+6.60%
950.33
Total Debt
1.10
+304.41%
0.27
-85.41%
1.86
Capital Lease Obligations
1.10
+304.41%
0.27
-85.41%
1.86
Net Tangible Assets
772.46
-10.25%
860.73
-9.04%
946.25
Tangible Book Value
772.46
-10.25%
860.73
-9.04%
946.25
Current Provisions
0.38
-32.38%
0.56
+1305.00%
0.04
Dueto Related Parties Current
—
—
—
Inventories Adjustments Allowances
-156.98
-156.30%
-61.25
-145.98%
-24.90
Line Of Credit
—
—
—
Other Equity Interest
-0.00
+0.00%
-0.00
+0.00%
-0.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-92.93
+32.78%
-138.25
-2836.55%
-4.71
-101.44%
326.69
Cash Flow From Continuing Operating Activities
-92.93
+32.78%
-138.25
-2836.55%
-4.71
-101.44%
326.69
Net Income From Continuing Operations
-47.53
-192.30%
51.50
+292.19%
-26.80
-107.54%
355.20
Depreciation Amortization Depletion
6.82
+36.77%
4.98
+30.10%
3.83
+111.95%
1.81
Depreciation
6.18
+37.10%
4.51
+17.68%
3.83
+111.95%
1.81
Amortization Cash Flow
0.64
+33.61%
0.48
0.00
0.00
Depreciation And Amortization
6.82
+36.77%
4.98
+30.10%
3.83
+111.95%
1.81
Amortization Of Intangibles
0.64
+33.61%
0.48
0.00
0.00
Other Non Cash Items
-49.56
+65.34%
-142.99
—
—
Stock Based Compensation
8.65
-3.61%
8.97
+158.32%
3.47
0.00
Provisionand Write Offof Assets
92.81
+135.69%
39.38
+60.24%
24.57
+1683.31%
1.38
Asset Impairment Charge
0.32
-93.13%
4.61
+2536.57%
0.17
0.00
Deferred Tax
-36.85
-129.72%
-16.04
-23.97%
-12.94
-30911.90%
0.04
Deferred Income Tax
-36.85
-129.72%
-16.04
-23.97%
-12.94
-30911.90%
0.04
Operating Gains Losses
-1.87
+42.98%
-3.28
-490.83%
0.84
—
Gain Loss On Investment Securities
-4.78
-151.39%
-1.90
-27057.14%
-0.01
—
Unrealized Gain Loss On Investment Securities
-0.02
-135.00%
0.06
+134.48%
-0.17
0.00
Net Foreign Currency Exchange Gain Loss
2.87
+307.60%
-1.38
-263.94%
0.84
0.00
Gain Loss On Sale Of PPE
0.04
0.00
-100.00%
0.00
0.00
Change In Working Capital
-65.68
+23.13%
-85.44
-3800.35%
2.31
+107.27%
-31.74
Change In Receivables
—
—
0.00
0.00
Changes In Account Receivables
—
—
0.00
0.00
Change In Inventory
-50.13
+48.60%
-97.51
-952.31%
11.44
+192.70%
-12.34
Change In Prepaid Assets
18.80
+173.37%
-25.63
-8.83%
-23.55
-512.54%
-3.84
Change In Payables And Accrued Expense
-22.25
-208.11%
20.58
+311.33%
5.00
+140.58%
-12.33
Change In Accrued Expense
-8.45
-252.40%
5.54
-33.37%
8.32
+176.37%
-10.89
Change In Payable
-13.81
-191.79%
15.04
+554.00%
-3.31
-129.91%
-1.44
Change In Account Payable
-11.82
-180.69%
14.65
+641.06%
-2.71
+26.41%
-3.68
Change In Other Working Capital
-12.10
-172.49%
16.69
+69.81%
9.83
+404.84%
-3.23
Change In Other Current Assets
0.00
-100.00%
0.42
+200.00%
-0.42
0.00
Change In Other Current Liabilities
—
—
—
-0.94
Investing Cash Flow
-12.31
+90.23%
-125.94
+27.86%
-174.56
-49.36%
-116.87
Cash Flow From Continuing Investing Activities
-12.31
+90.23%
-125.94
+27.86%
-174.56
-49.36%
-116.87
Net PPE Purchase And Sale
11.83
+217.40%
-10.08
+78.51%
-46.90
+59.87%
-116.87
Purchase Of PPE
-4.72
+53.20%
-10.08
+78.51%
-46.90
+59.87%
-116.87
Sale Of PPE
16.55
0.00
0.00
—
Capital Expenditure
-4.72
+53.20%
-10.08
+79.98%
-50.32
+56.94%
-116.87
Net Investment Purchase And Sale
-44.28
+52.65%
-93.51
+23.97%
-122.99
0.00
Purchase Of Investment
-1,119.85
-126.31%
-494.84
-300.25%
-123.63
0.00
Sale Of Investment
1,075.57
+168.01%
401.32
+62705.01%
0.64
0.00
Net Intangibles Purchase And Sale
0.00
0.00
+100.00%
-3.42
0.00
Purchase Of Intangibles
0.00
0.00
+100.00%
-3.42
0.00
Net Other Investing Changes
20.14
+190.12%
-22.35
-1690.63%
-1.25
+98.89%
-112.86
Financing Cash Flow
7.39
0.00
-100.00%
51.22
0.00
Cash Flow From Continuing Financing Activities
7.39
0.00
-100.00%
51.22
0.00
Net Issuance Payments Of Debt
—
—
0.00
0.00
Issuance Of Debt
—
—
0.00
0.00
Repayment Of Debt
—
—
0.00
0.00
Short Term Debt Issuance
—
—
0.00
0.00
Short Term Debt Payments
—
—
0.00
0.00
Net Short Term Debt Issuance
—
—
0.00
0.00
Net Common Stock Issuance
10.06
0.00
-100.00%
61.31
0.00
Common Stock Dividend Paid
—
—
0.00
0.00
Cash Dividends Paid
—
—
0.00
0.00
Net Other Financing Charges
-2.67
—
-10.09
—
Changes In Cash
-97.84
+62.96%
-264.19
-106.31%
-128.06
-161.03%
209.81
Effect Of Exchange Rate Changes
-2.75
-316.22%
1.27
+27.64%
0.99
0.00
Beginning Cash Position
322.25
-44.93%
585.17
-17.84%
712.23
+41.76%
502.42
End Cash Position
221.66
-31.22%
322.25
-44.93%
585.17
-17.84%
712.23
Free Cash Flow
-97.64
+34.17%
-148.33
-169.54%
-55.03
-126.23%
209.81
Interest Paid Supplemental Data
—
—
0.00
0.00
Income Tax Paid Supplemental Data
1.71
-88.93%
15.42
+221.96%
4.79
-49.97%
9.57
Change In Income Tax Payable
-1.98
-610.03%
0.39
+164.30%
-0.60
-127.02%
2.24
Change In Tax Payable
-1.98
-610.03%
0.39
+164.30%
-0.60
-127.02%
2.24
Common Stock Issuance
10.06
0.00
-100.00%
61.31
0.00
Interest Paid CFF
—
—
0.00
0.00
Issuance Of Capital Stock
10.06
0.00
-100.00%
61.31
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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