GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Intchains Group Ltd (NAS:ICG) » Definitions » Total Assets

Intchains Group (Intchains Group) Total Assets : $132.61 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Intchains Group Total Assets?

Intchains Group's Total Assets for the quarter that ended in Mar. 2024 was $132.61 Mil.

During the past 12 months, Intchains Group's average Total Assets Growth Rate was 21.60% per year. During the past 3 years, the average Total Assets Growth Rate was 117.00% per year.

During the past 5 years, Intchains Group's highest 3-Year average Total Assets Growth Rate was 117.00%. The lowest was 117.00%. And the median was 117.00%.

Total Assets is connected with ROA %. Intchains Group's annualized ROA % for the quarter that ended in Mar. 2024 was -6.09%. Total Assets is also linked to Revenue through Asset Turnover. Intchains Group's Asset Turnover for the quarter that ended in Mar. 2024 was 0.02.

Intchains Group Total Assets Historical Data

The historical data trend for Intchains Group's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Intchains Group Total Assets Chart

Intchains Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
- 6.71 95.97 136.71 137.15

Intchains Group Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 143.05 136.03 130.93 137.15 132.61

Intchains Group Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Intchains Group's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=133.095+4.051
=137.15

Intchains Group's Total Assets for the quarter that ended in Mar. 2024 is calculated as

Total Assets=Total Equity (Q: Mar. 2024 )+Total Liabilities (Q: Mar. 2024 )
=130.171+2.434
=132.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Intchains Group  (NAS:ICG) Total Assets Explanation

Total Assets is connected with ROA %.

Intchains Group's annualized ROA % for the quarter that ended in Mar. 2024 is

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-8.216/( (137.146+132.605)/ 2 )
=-8.216/134.8755
=-6.09 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Intchains Group's Asset Turnover for the quarter that ended in Mar. 2024 is

Asset Turnover
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=3.37/( (137.146+132.605)/ 2 )
=3.37/134.8755
=0.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Intchains Group Total Assets Related Terms

Thank you for viewing the detailed overview of Intchains Group's Total Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

Intchains Group (Intchains Group) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Intchains Group Ltd (NAS:ICG) » Definitions » Total Assets
Comparable Companies
CEVA LASR AOSL NVEC MX SGH NLST SKYT VLN MRAM NVDA TPE:2330 AVGO AMD INTC TXN QCOM ADI MU XKRX:000660
Traded in Other Exchanges
N/A
Address
No.333 Haiyang No.1 Road, 9th Floor, A Block, Lingang Science and Technology Park, Pudong New Area, Shanghai, CHN, 201306
Website
https://www.intchains.com
Intchains Group Ltd provides integrated solutions consisting of high-performance ASIC chips and ancillary software and hardware for blockchain applications. Its ASIC chips are designed for several key blockchain algorithms including Blake2bsha3, sha512MD160, Cryptonight V4, Eaglesong, and Blake2s. The company has built a proprietary technology platform named Xihe Platform, which allows the development of a wide range of ASIC chips with high efficiency and scalability. It designs its ASIC chips in-house, which enables it to leverage proprietary silicon data to deliver products reflecting the latest technological developments.