Intchains Group Limited Unsponsored ADR

ICG Technology Semiconductors

Intchains Group Limited Unsponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $31.6 million, down 18.2% from fiscal 2024. In the quarter to June 2026, revenue fell 38.0%, EPS fell 1,100.0% and free cash flow grew 49.5%, each against the same quarter a year earlier.

1.35 0.02 +1.50%
Market cap
$38.2M
P/E
0.0×
Fwd P/E
−21.8×
Dividend yield
—
F-score
1/9
Altman Z
11.99
Beneish M
n/a
Dividend safety
n/a

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 50.44%

Capital & Financial Ratios $m

Market Cap 38.20
Revenue 31.58
Net Income 58.55
Free Cash Flow (47.04)
Net Debt (67.96)
Current Ratio 16.23 (at or above 1.5: strong)
Debt/Equity 0.00 (at or below 0.5: strong)
P/E ratio 0.00
Fwd P/E (21.80) (negative: loss-making)
P/S ratio 2.58
P/B ratio 0.67
Past 5Y EPS Growth —
This Y EPS Growth (301.52%) (below 0%: weak)
Next Y EPS Growth 85.24% (at or above 15%: strong)
Next Y revenue growth (65.74%) (below 0%: weak)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 26.64%
10-year low 10-year high
P/B against its own 10 years 24.20%
10-year low 10-year high
EV/Sales against its own 10 years 8.65%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —

Assets vs Liabilities $m

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

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 $m

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
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

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

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — (4) — — —
’25 — — — (13) (13)
’24 — — (23) (6) (30)
’23 — — — (8) (8)
’22 — — — 47 47
’21 — — — — 61
’20 — — — — 2
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

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low — — — — — — — 5.81 2.80 0.93

Analyst estimates 2026–2028

Powerpack
High — — — — — — — 13.75 14.22 7.95
People
People Employees — — — — — 94 101 133 133 127
Revenue/emp, $m — — — 0.00 0.00 1.04 0.68 0.09 0.29 0.25
Income, $m
Income, $m Revenue — — — 5 8 98 69 12 39 32
Gross margin, % — — — 16.28 56.62 81.88 81.63 11.04 53.70 7.23
EBT — — — 0 1 70 53 (5) 7 (12)
EBT margin, % — — — (7.57) 15.10 71.24 77.48 (43.25) 17.80 (37.97)
Net income — — — 0 1 0 51 (4) 7 (7)
Depreciation — — — 0 0 0 0 1 1 1
Per share, $
Per share, $ Revenue — — — 0.19 0.29 3.60 1.17 0.19 0.64 0.52
Earnings — — — — — — 0.88 (0.06) 0.12 (0.12)
Cash flow — — — (0.03) 0.08 2.25 0.81 (0.01) (0.32) (0.22)
Capex — — — 0.00 0.00 0.00 (0.01) (0.12) (0.18) 0.00
Free cash flow — — — (0.03) 0.08 2.25 0.80 (0.13) (0.49) (0.22)
Book value — — — 0.00 0.19 3.33 2.30 2.24 2.31 2.31
Shares, m — — — 27 27 27 59 60 60 60
Valuation, ×
Valuation, × P/E — — — 14.50 14.50 14.50 14.50 0.00 28.09 0.00
P/S — — — 9.80 9.80 9.80 9.80 69.02 5.13 3.43
P/B — — — 3.48 3.48 3.48 3.48 5.97 1.43 0.78
EV/Sales — — — 7.65 7.65 7.65 7.65 60.42 3.28 1.22
EV/FCF — — — 0.00 0.00 0.00 0.00 0.00 6.60 (0.76)
Cash, $m
Cash, $m Operating cash flow — — — (1) 2 61 47 (1) (19) (13)
Capex — — — 0 0 0 (1) (7) (11) 0
Free cash flow — — — (1) 2 61 47 (8) (30) (13)
Balance, $m
Balance, $m Working capital — — — — 5 90 118 108 88 80
Total debt — — — — 0 0 0 0 — 0
Net debt — — — — (3) (79) (103) (100) (71) (70)
Shareholders’ equity — — — — 5 91 135 134 139 140
Returns, %
Returns, % ROA — — — 0.00 0.00 2,079.54 71.08 (2.74) 4.91 (4.61)
ROIC — — — — 0.00 0.00 90.99 (16.73) 0.37 (13.41)
ROE — — — 0.00 0.00 145.44 45.55 (2.81) 5.17 (4.88)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Dec 2025

Charts ten years each

Intchains Group Limited Unsponsored ADR vs peers in Semiconductors (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MX Magnachip Semiconductor Corp. $104.6M — (loss-making) — (loss-making) −6.13% (below 0%: shrinking) n/m +84.00% (above 0%: growing) 19.35% (22.32%) Compare
IPWR Ideal Power Inc. $52.8M — (loss-making) — (loss-making) +7.41% (above 0%: growing) n/m −1.57% (below 0%: shrinking) 31.03% (62,467.24%) Compare
WQEY WISeQey Corp $41.1M — (loss-making) — +55.93% (above 0%: growing) n/m −92.17% (below 0%: shrinking) 52.94% 0.00% Compare
NA Nano Labs Ltd. Sponsored ADR $40.9M — — — n/m +46.67% (above 0%: growing) 100.00% 100.00% Compare
SQNS Sequans Communications S.A. $38.6M — (loss-making) — (loss-making) −8.39% (below 0%: shrinking) n/m −1,233.27% (below 0%: shrinking) 32.90% (96.68%) Compare
ICG Intchains Group Limited Unsponsored ADR $38.2M — (loss-making) — (loss-making) −38.03% (below 0%: shrinking) n/m +49.54% (above 0%: growing) (137.17%) (198.09%)
PXLW Pixelworks, Inc. $33.0M 0.5× — (loss-making) −59.75% (below 0%: shrinking) n/m +63.54% (above 0%: growing) 60.94% (5,256.25%) Compare
LEDS SemiLEDS Corporation $16.5M — (loss-making) — (loss-making) −48.59% (below 0%: shrinking) +500.00% (above 0%: growing) +455.26% (above 0%: growing) 27.11% 15.62% Compare
MOBX Mobix Labs, Inc. $14.8M — (loss-making) — −66.43% (below 0%: shrinking) n/m −40.77% (below 0%: shrinking) 12.93% (932.07%) Compare
Median of peers $39.8M — — −8.39% — +22.55% 31.97% (59.50%)

All 67 Semiconductors stocks →

Intchains Group Limited Unsponsored ADR (ICG) key facts

  • Concern: 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 (ICG) is a Semiconductors company in the Technology sector, traded in the US as an ADR.
  • As of October 16, 2026, ICG traded at $1.35, a market capitalization of $38.2 million.
  • Return on equity was −4.88% and debt-to-equity 0.00.
  • Its Piotroski F-score is 1 out of 9 and its Altman Z-score is 11.99 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Intchains Group Limited Unsponsored ADR (ICG) Latest News

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