Intchains Group Limited Unsponsored ADR ICG

0.88 0.05 6.02% as of 25 Sep
Market cap
$23.9M
P/E
0.0×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 50.44%

Capital & Financial Ratios

Market Cap 23.86
Revenue 31.58
Net Income (6.80)
Free Cash Flow (47.04)
Net Debt (67.96)
Current Ratio 16.23
Debt/Equity 0.00
P/E ratio 0.00
P/S ratio 1.68
P/B ratio 0.44
Past 5Y EPS Growth (72.66%)
This Y EPS Growth (302.94%)
Next Y EPS Growth 85.25%
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 100 71 70 68
Receivables — — — —
Inventory 6 14 7 5
Other — 4 1 0
112 99 86 81
2023 2024 2025 Q'26
Payables 0 2 0 0
ST’ Debt — — — —
Other 1 5 2 2
4 10 6 5
in millions of $

Compound Annual Growth

10y 5y 3y
Sales — 31.90% (22.82%)
Cash Flow — 0.00% 0.00%
Earnings — 0.00% 0.00%
Book Value — 92.90% 1.04%

Revenue

Mar Jun Sep Dec Year
’26 — — — — —
’25 18 6 1 6 32
’24 3 17 9 10 39
’23 4 2 1 5 12
’22 1 24 18 5 69
’21 — — — — 98
’20 — — — — 8
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 — (4) — — —
’25 — — — (13) (13)
’24 — — (16) (2) (19)
’23 — — — (1) (1)
’22 — — — 47 47
’21 — — — — 61
’20 — — — — 2
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 — (4) — — —
’25 — — — (13) (13)
’24 — — (23) (6) (30)
’23 — — — (8) (8)
’22 — — — 47 47
’21 — — — — 61
’20 — — — — 2
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 — — — — —
’25 (0.08) 0.09 0.17 (0.30) (0.12)
’24 (0.04) 0.12 0.01 0.03 0.12
’23 0.01 (0.04) (0.04) 0.02 (0.06)
’22 0.00 0.30 0.24 0.03 0.88
’21 — — — — 1.17
’20 — — — — 0.02
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
— — — — — — — 5.81 2.80 0.93

Analyst estimates 2026–2028

Powerpack
Low Price
— — — — — — — 13.75 14.22 7.95
High Price
— — — — — 94 101 133 133 127
Employees
— — — 0 0 1 1 0 0 0
Revenue/Emp
— — — 5 8 98 69 12 39 32
Revenue
— — — 16.28% 56.62% 81.88% 81.63% 11.04% 53.70% 7.23%
Gross Margin
— — — 0 1 70 53 (5) 7 (12)
EBT
— — — (7.57%) 15.10% 71.24% 77.48% (43.25%) 17.80% (37.97%)
EBT Margin
— — — 0 1 0 51 (4) 7 (7)
Net Income
— — — 0 0 0 0 1 1 1
Depreciation
— — — 0.19 0.29 3.60 1.17 0.19 0.64 0.52
Revenue/Sh
— — — — — — 0.88 (0.06) 0.12 (0.12)
Earnings/Sh
— — — (0.03) 0.08 2.25 0.81 (0.01) (0.32) (0.22)
Cash Flow/Sh
— — — 0.00 0.00 0.00 (0.01) (0.12) (0.18) 0.00
Capex/Sh
— — — (0.03) 0.08 2.25 0.80 (0.13) (0.49) (0.22)
Free CF/Sh
— — — 0.00 0.19 3.33 2.30 2.24 2.31 2.31
Book Value/Sh
— — — 27 27 27 59 60 60 60
Shares
— — — 14.50 14.50 14.50 14.50 0.00 28.09 0.00
PE Ratio
— — — 9.80 9.80 9.80 9.80 69.02 5.13 3.43
PS Ratio
— — — 3.48 3.48 3.48 3.48 5.97 1.43 0.78
PB Ratio
— — — 7.65 7.65 7.65 7.65 60.42 3.28 1.22
EV/Sales
— — — 0.00 0.00 0.00 0.00 0.00 6.60 (0.76)
EV/FCF
— — — (1) 2 61 47 (1) (19) (13)
Op' Cash Flow
— — — 0 0 0 (1) (7) (11) 0
Capex
— — — (1) 2 61 47 (8) (30) (13)
FCF
— — — — 5 90 118 108 88 80
Working Cap'
— — — — 0 0 0 0 — 0
Total Debt
— — — — (3) (79) (103) (100) (71) (70)
Net Debt
— — — — 5 91 135 134 139 140
Sh' Equity
— — — 0.00% 0.00% 2,079.54% 74.53% (2.74%) 4.91% (4.61%)
ROA
— — — — 0.00% 0.00% 90.99% (16.73%) 0.37% (13.41%)
ROIC
— — — 0.00% 0.00% 145.44% 45.55% (2.81%) 5.17% (4.88%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025

Intchains Group Limited Unsponsored ADR peers in Semiconductors

All 68 Semiconductors stocks →

Intchains Group Limited Unsponsored ADR (ICG) key facts

  • Intchains Group Limited Unsponsored ADR (ICG) is a Semiconductors company in the Technology sector, traded in the US as an ADR.
  • Intchains Group Limited Unsponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $31.6 million, down 18.2% from fiscal 2024.
  • Intchains Group Limited Unsponsored ADR reported a net loss of $6.8 million, or a loss of $0.12 per share, for fiscal 2025.
  • As of September 25, 2026, ICG traded at $0.88, a market capitalization of $23.9 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 1.7× sales.
  • Return on equity was −4.88% and debt-to-equity 0.00.

Source: company filings (standardised) and stockrow calculations.

Intchains Group Limited Unsponsored ADR (ICG) Latest News

News by impact score

Fine-tune

25 Sep

3

Cystar, Incergo S.A. (Vienna MTF: ICG) and Visual Semiconductor announced a collaboration to develop GF3D Glasses-Free 3D PC monitors across 4K, 5K, 6K and 8K. The plan pairs VSI’s plenoptic display technology with AI-based 2D-to-3D processing to deliver desktop devices offering immersive Glasses-Free 3D for gaming, design, scientific visualization and premium workflows, while running both traditional 2D and 3D modes. Four target resolutions align with use cases: 4K for gaming/entertainment, 5K for creators, 6K for engineering/VFX, and an 8K flagship for medical imaging and high-end workstations. GF3D emphasizes multi-user viewing and avoids eye-tracking cameras. Additional specifications and commercialization plans will follow as the collaboration progresses; Incergo is publicly listed as ICG, and VSI handles the GF3D technology development. Offers potential for new product development and investor interest, but no near-term financial milestones are provided.

21 Aug

4 transcript

Intchains Group Ltd (ICG) Q2 2026 earnings call highlights strategic pivot to AI. Strategic pivot to AI signals major move likely to reshape company trajectory and investor outlook.

3

Analysts have downgraded their outlook for Intchains Group Limited (NASDAQ: ICG), indicating a less favorable performance in the near term. The downgrade reflects concerns over the company's financial health and market position, which may impact investor sentiment and stock performance moving forward. Analysts' downgrade suggests a moderately noticeable influence on the company's market performance and investor sentiment.

20 Aug

3

Intchains Group Limited held an H1 earnings call covering revenue, profits, operational results and forward outlook for the semiconductor business. H1 earnings data directly shapes near-term valuation and trading activity for ICG shares.

15 Jul

3

Intchains Group Limited Unsponsored ADR released its Q1 trading statement for the three months ended 30 June 2026. Quarterly trading updates deliver financial metrics that can influence near-term investor sentiment and valuation for ICG.

21 May

3

Intchains Group Limited Unsponsored ADR (ICG) released final results for the financial year ended 31 March 2026. Year-end financial results release supplies performance data that can shift near-term valuation and sentiment.

20 Apr

4

Intchains Group Limited Unsponsored ADR (ICG) released financial results for Q4 2025 and full year 2025. Q4 and full-year earnings releases significantly affect financial performance, investor sentiment, and stock trajectory.

18 Apr

3

Analysts rework fair value targets for Intchains Group Limited (LSE:ICG), shifting the company's investment story. Analyst revisions to fair value targets moderately influence investor sentiment and stock valuation.

15 Apr

4

CEO.CA's Inside the Boardroom details ICG Silver & Gold consolidating a district-scale silver and gold opportunity via 'One District, One Model' for the first time in history. ICG Silver & Gold's historic consolidation of a district-scale mining opportunity signals a major strategic shift enhancing resource control and long-term growth prospects.

9 Apr

4

ICG Silver & Gold identifies major untested structural corridor and multiple new targets at the Tuscarora District. Identifying a major untested structural corridor and new targets significantly expands exploration potential and boosts investor sentiment for ICG.

7 Apr

4

ICG Silver & Gold issued a corporate update, staking strategic claims at the Tuscarora District and consolidating the highly prospective Battle Mountain target ahead of its summer drill program. Strategic claim staking and land consolidation in a prospective district ahead of drilling represent major exploration advancements boosting future prospects.

1 Apr

3

ICG (LSE:ICG) narrative shifts amid growing Web3 exposure and intensifying fair value debates, influencing investor perceptions and valuation discussions. Shifting narrative on Web3 exposure and fair value debates moderately influences market sentiment and competitive positioning.

31 Mar

4

ICG Silver & Gold unveiled its strategic roadmap on the first day of trading on the Canadian Securities Exchange under ticker symbol ICG. New CSE listing combined with strategic roadmap disclosure represents a major milestone likely to boost investor sentiment and reshape the company's market trajectory.

30 Mar

3

ICG Silver & Gold closes $1.73 million unit offering, bringing aggregate gross proceeds to $6.20 million, and confirms March 31 trading date. Raising additional $1.73 million via units to reach $6.20 million total enhances liquidity and supports financial performance moderately.

27 Feb

4

Intchains Group Ltd (ICG) Q4 2025 earnings call highlights new product launches and strategic initiatives. New product launches and strategic initiatives in Q4 2025 earnings call represent major moves likely to significantly alter ICG's trajectory and investor sentiment.

26 Feb

4

Intchains Group delivered Q4 earnings call highlights showing revenue of RMB 65.1 million, up 124.6% YoY, with full-year revenue at RMB 186.8 million, up 47.5%. Achieved first profitable quarter with net income of RMB 11.5 million. Shipped 100,000+ AI chips, launched new IntChainR-1000 chip. 2024 revenue guidance set at RMB 500-600 million. Emphasized AI inference market expansion and blockchain-AI integration. Robust Q4 revenue surge, profitability milestone, massive AI chip shipments, and strong 2024 guidance signal major positive shift in financial trajectory and market positioning.

7 Jan

3

Intchains Group Limited Unsponsored ADR (ICG) is highlighted among three lesser-known chip stocks recommended for investment in 2026. The article emphasizes the potential of these companies to outperform more recognized names in the semiconductor industry, suggesting that they may offer significant growth opportunities as the market evolves. The mention of ICG as a promising investment indicates a moderately noticeable influence on its market performance.

31 Dec

4

Intchains Group Limited (NASDAQ:ICG) insiders hold a substantial 69% ownership stake in the company, indicating strong confidence in its future prospects. This significant insider ownership suggests that those closest to the company believe in its potential for growth and success, which may positively influence investor sentiment and market performance. High insider ownership typically reflects confidence in the company's future, potentially impacting investor sentiment and market performance significantly.

20 Nov

3

Analysts have lowered their forecasts for Intchains Group Limited (NASDAQ: ICG) for the upcoming year, indicating a potential decline in expected performance. This adjustment reflects concerns about the company's future financial outlook and market conditions. Analysts reducing forecasts suggests a moderately noticeable influence on the company's financial performance.

14 Nov

4 transcript

Intchains Group Limited (ICG) reported significant developments during its Q3 2025 earnings call, highlighting new product launches and strategic initiatives aimed at enhancing market presence. The company emphasized its commitment to innovation and outlined plans for future growth, which are expected to strengthen its competitive position in the industry. New product launches and strategic initiatives are likely to significantly impact the company's future performance and market positioning.

6 Oct

3

Intchains Group Limited (NASDAQ: ICG) is currently under scrutiny as investors assess its potential for growth amidst market fluctuations. Analysts are evaluating the company's recent performance and strategic direction, considering factors such as market trends and competitive positioning. The outlook remains uncertain, prompting discussions about whether now is an opportune time to invest in ICG. Current market evaluations suggest a moderate influence on the company's financial performance and competitive positioning.

15 Aug

4

Intchains Group Limited (ICG) reported its Q2 2025 earnings, highlighting strategic initiatives aimed at navigating current market challenges. The company emphasized its focus on innovation and operational efficiency to enhance competitiveness. Despite facing headwinds, management expressed optimism about future growth prospects and outlined plans for potential market expansion. Key financial metrics showed resilience, although concerns about broader economic conditions were acknowledged. Strategic initiatives and market expansion plans are likely to significantly impact future performance and investor sentiment.

25 Jun

4

Insiders own 69% of Intchains Group Limited (NASDAQ:ICG), indicating a strong commitment to the company's future. This significant ownership stake suggests that management and key stakeholders are heavily invested in the company's performance and long-term success, potentially aligning their interests with those of external investors. High insider ownership typically signals confidence in the company's future and can positively influence investor sentiment.

28 May

3

Intchains Group (NASDAQ:ICG) has shown growth in its Return on Capital Employed (ROCE), which has increased to 7.6% over the past five years, indicating improved profitability from capital investments. The company has also reduced its reliance on current liabilities, suggesting a stronger financial position. Despite a 73% decline in stock price over the past year, the positive trend in ROCE and capital employment may signal potential for future growth. Further research is recommended to assess ongoing trends. The increase in ROCE and reduced reliance on current liabilities indicate a moderately noticeable influence on the company's financial performance.

7 May

3

Intchains Group Limited (NASDAQ:ICG) reported strong earnings, but concerns arise from its high accrual ratio of 0.53, indicating poor cash flow conversion. The company posted a profit of CN¥51.5m while burning through CN¥148m in free cash flow. Unusual items contributed CN¥470k to profits, raising doubts about sustainability. Additionally, a tax benefit of CN¥1.3m may not be repeatable, suggesting potential profit declines ahead. Overall, the earnings quality appears weaker than reported, prompting caution among investors. The high accrual ratio and reliance on unusual items indicate potential future profitability issues.

29 Apr

4

Intchains Group Limited (NASDAQ:ICG) experienced a 39% share price increase over the past couple of months, yet it remains undervalued compared to its industry peers, with a price-to-earnings ratio of 17.19x versus the industry average of 25.53x. The company is expected to see its profits more than double in the coming years, indicating a positive outlook. Investors are advised to consider increasing their holdings or entering the stock, as the future profit potential is not fully reflected in the current share price. However, there is one identified warning sign that investors should be aware of before making decisions. The significant expected profit growth and current undervaluation suggest a major strategic opportunity for investors.

24 Mar

4

Intchains Group Limited, a semiconductor company focused on blockchain applications, has turned profitable with a market cap of $251.32 million and reported a net income of CNY 12.78 million for Q4 2024. The company, which has no debt, anticipates revenue between RMB 200 million to RMB 250 million for H1 2025, driven by its new GS Wallet product. The US market has seen a flat performance recently, but stocks with strong fundamentals, like Intchains, are highlighted as promising investment opportunities. The launch of the GS Wallet and the company's profitability signal significant strategic moves that could enhance its market position.

2 Mar

4

Intchains Group Limited (ICG) reported record revenue growth in its Q4 2024 earnings call, highlighting strategic initiatives that contributed to its performance. The company emphasized its commitment to innovation and market expansion, which are expected to drive future growth. Management provided insights into operational efficiencies and upcoming projects aimed at enhancing shareholder value. Significant strategic moves and record revenue growth indicate a strong potential for altering the company's trajectory and improving investor sentiment.

1 Mar

4

Intchains Group Limited (NASDAQ: ICG) reported a profitable FY 2024 with earnings per share (EPS) of CN¥0.86, a significant turnaround from a CN¥0.45 loss in FY 2023. Revenue surged 243% to CN¥281.8 million, and net income reached CN¥51.5 million, improving from a CN¥26.8 million loss the previous year. The profit margin stood at 18%, reflecting the company's successful transition to profitability driven by increased revenue. Despite these positive results, Intchains Group shares have declined by 1.3% over the past week. The substantial revenue growth and return to profitability indicate a significant shift in the company's financial trajectory.

15 Jan

4

Intchains Group Limited (NASDAQ:ICG) insiders hold a substantial 70% stake in the company, indicating their significant financial commitment and confidence in its future. This level of insider ownership often suggests that management is aligned with shareholder interests, potentially influencing company performance and strategic decisions. Investors may view this as a positive sign, reflecting stability and a strong belief in the company's prospects. High insider ownership typically correlates with strong alignment between management and shareholder interests, which can significantly impact company performance.

stockrow.com/ICG · Data as of Dec 31, 2025 · For information only; not investment advice. · © 2026 stockrow.com