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ICG · NASDAQ · Semiconductors

Intchains Group (ADR)

Builds integrated altcoin-mining machines and Ethereum staking infrastructure.

$1.03
After-hours close0.00 (0.00%)
At close$1.03(+4.77%)
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Profile

Intchains Group LimitedICGInformation Technology

Sells integrated altcoin-mining machines and related software and hardware under the Goldshell brand. The business also holds and stakes Ethereum while providing proof-of-stake Web3 infrastructure.

Integrated altcoin-mining machines are the core product, replacing earlier standalone ASIC-chip sales. A fabless foundation combines ASIC design with related software and hardware for blockchain applications, while the Goldshell brand extends the Web3 product presence.

Alongside mining products, the business acquires, holds, and stakes Ethereum-based cryptocurrencies and operates a proof-of-stake Web3 infrastructure platform. Operations are conducted principally through PRC subsidiaries, with roots in Shanghai and a Cayman Islands holding-company structure.

Cryptocurrency-sector conditions, major customers, a key foundry partner, and PRC rules affecting capital movement shape the operating model and its ability to fund cross-border operations.

Company facts

CEOQiang Ding
ListedMar 16, 2023
ExchangeNASDAQ
HeadquartersPudong, China
CountryChina
Employees127
CIK0001895597
ISINUS45828E1047

Key statistics

Market cap$31.1M
EPS (ttm)−$0.8035
P/E (ttm)−1.28
ROE-16.8%
P/B0.2535
P/S2.11
Dividend yield
Beta1.04vs XLK −0.94

Year to date −44.9% · Average volume (30d) 162.5K

Analysts

Price target, next 12 months$2.50+142.7%Median of 2 analysts · vs the Aug 28 close
ConsensusBuy2 of 2 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 24, 2026Maxim GroupReiterateBuy$3
Aug 21, 2026Coker PalmerTarget$4$2

Earnings

EPS

Estimate$0.08
ReportedDue Nov 12, 2026

Revenue

Estimate$23.0M
ReportedDue Nov 12, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Aug 20, 2026Q2 FY26−$0.03−$0.72−2,269.9%$5.2M$1.6M−68.3%+19.53%
Jun 25, 2026−$0.02−$0.03−22.8%$4.0M$5.0M+24.6%−2.16%
Jun 11, 2026−$0.02−$0.03−22.8%$4.0M$5.0M+24.6%+1.41%
Jun 4, 2026−$0.02−$0.020.0%$4.0M$4.0M0.0%−5.55%
View details

Financial highlights

12 quartersQ4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q2 FY26
Revenue$11.0M$19.7M$6.4M$1.4M$5.3M$1.7M
Gross profit$2.9M$11.2M$1.5M−$1.4M−$8.9M−$1.6M
Operating income−$4.3M$5.5M−$2.4M−$6.2M−$12.3M−$7.9M
Net income$1.9M−$5.1M$5.7M$11.1M−$19.2M−$22.2M
Diluted EPS$0.06−$0.17$0.19$0.36−$0.62−$0.73
Gross margin26.2%56.9%23.8%-99.2%-167.7%-98.2%
Operating margin-39.0%27.9%-37.4%-456.8%-231.3%-475.9%

Fiscal years (4-quarter sums)FY22 $70.5M · FY23 $12.2M · FY24 $41.9M · FY25 $32.8M

Revenue by product · FY25

Mining Products$32.8M · 50%
Product$32.8M · 50%
Other Revenue$35.4K · 0%

Revenue by geography · FY25

China$25.8M · 79%
Other Countries$3.5M · 11%
HONG KONG$3.5M · 11%

Balance sheet, Jun 30, 2026Cash & short-term investments $68.6M · Total debt $13.5K · Total assets $128.4M · Shareholders' equity $123.3M

Dividends

No dividends on record.

Ownership

Institutions Insiders

Shares outstanding 30.23M · Float 14.70M · 48.6% free float

Insiders — filings are in the shares behind the receipt.

This listing is a depositary receipt and the Form 4 positions here are filed in the shares behind it, a different unit from the share count and in a ratio the filings never state, so no insider percentage is shown.

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Intchain DQ Asset Holding Limited25.96M21.38%13GMay 12, 2026
Golden Stone Capital Limited5.05M8.80%13GMay 12, 2026
Intchains ZWM Holding Limited3.65M6.50%13GJan 27, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Canaan (ADR)

    ASIC mining-machine rival through the Avalon product line

  • Bitdeer

    ASIC mining-machine rival through externally sold SEALMINER rigs

  • Coinbase

    Retail and institutional staking platform for Ethereum and other assets

  • Galaxy Digital

    Institutional validator and staking platform spanning Ethereum and 11 networks

CompareAfter-hours close

CompanyPriceChange
Intchains Group (ADR)$1.030.00%$31.1M7.02.1−72.8%
Canaan (ADR)$0.3877+0.73%$178.5M0.4+11,243,048.8%
Bitdeer$10.32+0.10%$2.41B3.0+47.1%
Coinbase$178.50−0.02%$47.13B206.38.5−18.5%
Galaxy Digital$23.29+0.30%$7.70B0.1+0.6%
Median206.31.7+23.8%