ICG vs NA
Intchains Group Ltd. and Nano Labs Ltd., side by side — 6 fiscal years reported in CNY, drawn from SEC filings.
At a glance
Most recent reported year
| Metric | ICG | NA |
|---|---|---|
| Revenue | CNY 220.9M | CNY 27.0M |
| Net income | CNY -47.5M | CNY 135.5M |
| Gross margin | 7.2% | −147.3% |
| Net margin | −21.5% | 466.4% |
| Return on equity | −4.8% | 27.7% |
| Diluted EPS | −CNY 0.39 | CNY 6.82 |
| Dividend / share | — | — |
| Payout ratio | — | — |
| Free cash flow | CNY -97.6M | CNY -108.3M |
| Equity | CNY 976.6M | CNY 748.3M |
| Net debt / equity | — | 0.23× |
| Current ratio | 14.10× | 2.09× |
| Revenue CAGR 5y | 32.2% | 66.2% |
| Profit CAGR 5y | — | — |
ICG bills 8.2× the revenue of NA, and ICG closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.
Revenue by year
6 years side by side
| Fiscal year | ICG | NA |
|---|---|---|
| FY2025 | CNY 220.9M | CNY 27.0M |
| FY2024 | CNY 281.8M | CNY 40.6M |
| FY2023 | CNY 82.2M | CNY 78.3M |
| FY2022 | CNY 473.7M | CNY 983.2M |
| FY2021 | CNY 631.8M | CNY 39.4M |
| FY2020 | CNY 54.6M | CNY 2.1M |
Net income by year
Bottom line
| Fiscal year | ICG | NA |
|---|---|---|
| FY2025 | CNY -47.5M | CNY 135.5M |
| FY2024 | CNY 51.5M | CNY -113.2M |
| FY2023 | CNY -26.8M | CNY -252.8M |
| FY2022 | CNY 355.2M | CNY 31.1M |
| FY2021 | CNY 450.1M | CNY -174.9M |
| FY2020 | CNY 8.2M | CNY -37.7M |
More in this industry