Company research
Intchains Group Ltd
CIK 1895597Updated Sep 27, 2026
SecurityICG · NASDAQ · adr
ICG price & chart
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Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 145,842,000Source | 149,262,000Source | 137,925,000Source | 138,190,000Source |
| Property, Plant and Equipment, NetUSD | 20,246,000Source | 157,065,000Source | 49,184,000Source | 6,965,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 31,697,000Source | 44,148,000Source | 97,854,000Source | 103,264,000Source |
| Inventory, NetUSD | 7,458,000Source | — | — | — |
| Assets, CurrentUSD | 86,242,000Source | 98,763,000Source | 112,330,000Source | 120,626,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 7,873,000Source | 9,549,000Source | 6,678,000Source | 6,085,000Source |
| Operating Lease, Right-of-Use AssetUSD | 157,000Source | 37,000Source | 244,000Source | 193,000Source |
| Other Assets, NoncurrentUSD | 1,194,000Source | 1,290,000Source | 59,000Source | — |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 6,198,000Source | 10,470,000Source | 4,074,000Source | 2,831,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedCNY | 1,000Source | 0Source | 0Source | 0Source |
| Retained Earnings (Accumulated Deficit)USD | 102,179,000Source | 104,436,000Source | 100,559,000Source | 107,513,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -178,000Source | 518,000Source | 259,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 139,644,000Source | 138,792,000Source | 133,851,000Source | 135,359,000Source |
| Additional Paid in Capital, Common StockUSD | 30,212,000Source | 26,747,000Source | 26,235,000Source | 20,962,000Source |
| Liabilities and EquityUSD | 145,842,000Source | 149,262,000Source | 137,925,000Source | 138,190,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 6,118,000Source | 10,470,000Source | 3,967,000Source | 2,782,000Source |
| Operating Lease, Liability, CurrentUSD | 77,000Source | 37,000Source | 155,000Source | 141,000Source |
| Accounts Payable, CurrentUSD | 433,000Source | 2,034,000Source | 27,000Source | 420,000Source |
| Operating Lease, Liability, NoncurrentUSD | 80,000Source | 0Source | 107,000Source | 43,000Source |
| Deferred Income Tax Liabilities, NetCNY | — | — | 0Source | 6,000Source |
| Additional Financial Items | ||||
| Short-term InvestmentsUSD | 38,256,000Source | 27,203,000Source | 1,915,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 884,000Source | 617,000Source | 539,000Source | 262,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 1,237,000Source | 1,229,000Source | 489,000Source | — |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableCNY | — | — | 0Source | 0Source |
| Increase (Decrease) in InventoriesUSD | 7,314,000Source | 13,128,000Source | -1,611,000Source | 1,789,000Source |
| Increase (Decrease) in Accounts PayableUSD | -1,691,000Source | 2,007,000Source | -381,000Source | -534,000Source |
| Deferred Income Tax Expense (Benefit)USD | -5,270,000Source | -2,198,000Source | -1,823,000Source | 6,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -13,288,000Source | -18,943,000Source | -665,000Source | 47,366,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -1,759,000Source | -17,251,000Source | -9,152,000Source | -16,946,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 674,000Source | 1,381,000Source | 6,605,000Source | 583,000Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,056,000Source | 0Source | 7,215,000Source | 0Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -14,384,000Source | -36,020,000Source | — | 30,420,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesCNY | — | — | 0Source | 0Source |
| Income Taxes Paid, NetUSD | 244,000Source | 2,113,000Source | 675,000Source | 1,388,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -393,000Source | 174,000Source | 140,000Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseCNY | 8,650,000Source | 8,974,000Source | 3,474,000Source | — |
| Amortization of Intangible AssetsUSD | 90,000Source | 66,000Source | — | — |
| CryptoAssetRealizedGainLossNonoperatingCNY | 12,000Source | — | — | — |
| DepreciationCNY | 3,246,000Source | 3,841,000Source | — | — |
| Equity Securities, FV-NI, Unrealized Gain (Loss)CNY | 21,000Source | -60,000Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -481,000Source | 189,000Source | -74,000Source | 507,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -5,000Source | 0Source | -1,000Source | — |
| General and Administrative ExpenseUSD | 4,925,000Source | 4,144,000Source | 3,551,000Source | 1,676,000Source |
| Impairment of Intangible Assets, Finite-livedCNY | — | — | 0Source | — |
| Income Tax Expense (Benefit)USD | -5,194,000Source | -181,000Source | -1,233,000Source | 1,719,000Source |
| Inventory Write-downCNY | 92,809,000Source | 38,976,000Source | 24,574,000Source | 1,378,000Source |
| Investment Income, InterestUSD | 1,575,000Source | 2,224,000Source | 2,359,000Source | 1,614,000Source |
| Net Income (Loss) Attributable to ParentUSD | -6,798,000Source | 7,054,000Source | -3,776,000Source | 51,498,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | -47,532,000Source | — | — | — |
| Operating ExpensesUSD | 17,251,000Source | 20,327,000Source | 10,429,000Source | 9,281,000Source |
| Payments to Acquire InvestmentsUSD | 160,134,000Source | 67,790,000Source | — | — |
| Proceeds from Contributed CapitalCNY | — | — | 0Source | 0Source |
| Proceeds from Issuance of Common StockUSD | 1,439,000Source | 0Source | 8,636,000Source | 0Source |
| Unrealized Gain (Loss) on InvestmentsCNY | 79,000Source | — | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 31,583,000Source | 38,602,000Source | 11,581,000Source | 68,685,000Source |
| Cost of RevenueCNY | 204,902,000Source | 130,452,000Source | — | — |
| Operating Income (Loss)USD | -14,969,000Source | 403,000Source | -9,150,000Source | 46,787,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -11,992,000Source | 6,873,000Source | -5,009,000Source | 53,217,000Source |
| Income Tax Expense (Benefit)USD | -5,194,000Source | -181,000Source | -1,233,000Source | 1,719,000Source |
| Net Income (Loss) Attributable to ParentUSD | -6,798,000Source | 7,054,000Source | -3,776,000Source | 51,498,000Source |
| Earnings Per Share, BasicUSD per share | -0.06Source | 0.06Source | -0.03Source | 0.44Source |
| Earnings Per Share, DilutedUSD per share | -0.06Source | 0.06Source | -0.03Source | 0.44Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 120,912,863Source | 119,936,488Source | 119,387,937Source | 117,647,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 120,912,863Source | 120,016,243Source | 119,387,937Source | 117,647,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 90,000Source | 66,000Source | — | — |
| CryptoAssetRealizedGainLossNonoperatingCNY | 12,000Source | — | — | — |
| Current Income Tax Expense (Benefit)CNY | 531,000Source | 14,723,000Source | 4,185,000Source | 11,814,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -481,000Source | 189,000Source | -74,000Source | 507,000Source |
| General and Administrative ExpenseUSD | 4,925,000Source | 4,144,000Source | 3,551,000Source | 1,676,000Source |
| Gross ProfitUSD | 2,282,000Source | 20,730,000Source | 1,279,000Source | 56,068,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticCNY | -81,038,000Source | — | — | — |
| Interest ExpenseUSD | — | — | — | 11,000Source |
| Investment Income, InterestUSD | 1,575,000Source | 2,224,000Source | 2,359,000Source | 1,614,000Source |
| Investment Income, NetUSD | 683,000Source | 260,000Source | 1,000Source | — |
| Marketing and Advertising ExpenseCNY | 898,000Source | 342,000,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicCNY | -47,532,000Source | — | — | — |
| Operating ExpensesUSD | 17,251,000Source | 20,327,000Source | 10,429,000Source | 9,281,000Source |
| Other IncomeCNY | -761,000Source | 8,292,000Source | 13,191,000Source | 29,799,000Source |
| Research and Development ExpenseUSD | 11,053,000Source | 14,994,000Source | 5,958,000Source | 7,015,000Source |
| Selling and Marketing ExpenseUSD | 1,262,000Source | 1,160,000Source | 920,000Source | 590,000Source |