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ICG Financials Intchains Group Ltd

6 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings, in CNY as reported — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 32.2% per year over the past 5 years.
  • Operating margin has contracted, at -47.4% in the latest year.

Financial health

  • The company is unprofitable; at its current free-cash-flow burn it has roughly 2.3 years of cash runway.
Revenue & net income
-CN¥48M CN¥292M CN¥632M CN¥0 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-79% 1% 82% 0% 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Return on equity & assets (ROE / ROA)
-5% 36% 78% 0% 2020 2021 2022 2023 2024 2025
ROEROA
Free cash flow (CFO − capex)
-CN¥148M CN¥123M CN¥394M CN¥0 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
CN¥0 CN¥356M CN¥712M 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-CN¥175M CN¥110M CN¥395M CN¥0 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MROEROAFCFTotal debtCash
2025 CN¥221M -CN¥48M 7.2% -47.4% -4.9% -4.7% -CN¥98M — CN¥222M
2024 CN¥282M CN¥51M 53.7% 1.0% 5.1% 4.7% -CN¥148M — CN¥322M
2023 CN¥82M -CN¥27M 11.0% -79.0% -2.8% -2.7% -CN¥52M — CN¥585M
2022 CN¥474M CN¥355M 81.6% 68.1% 38.0% 37.3% CN¥323M — CN¥712M
2021 CN¥632M CN¥450M 82.0% 70.8% 77.8% 73.6% CN¥394M — CN¥502M
2020 CN¥55M CN¥8M 57.3% 10.1% 24.1% — CN¥15M — —

Frequently asked questions

Is ICG growing its revenue and profit?

Over the past 5 years, Intchains Group Ltd's revenue has grown 32.2% per year. These are computed facts, not advice.

How much debt does ICG have?

As of FY2025, Intchains Group Ltd reported — of total debt against CN¥222M of cash.

What is ICG's profit margin?

In FY2025, gross margin was 7.2%, operating margin -47.4%, and net margin -21.5%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — its annual and interim reports, in CNY as reported (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (annual and interim filings, reported in CNY) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.