ICG - Intchains Group Ltd Book Valuation of Business

The market dynamics of Intchains Group Limited (ICG) securities, with a current indicator of 0.07, reflect the specific nature of the business. Demand for its IT solutions for the crypto industry remains volatile due to fluctuations in digital asset exchange rates. Chip design is conducted in China, while wafer production is outsourced to third-party contractors to reduce costs. Component delivery speed is maintained via air freight, ensuring the uninterrupted operation of computing networks.

When selecting defensive assets, the priority becomes the stability of net assets minus all liabilities. For Intchains Group Limited (ICG), which invests in the development of advanced "Xiangdi" ASIC chips, this metric reflects the real value of the tangible asset base and intellectual property, clearly demonstrating the volume of equity on the balance sheet as an indicator of the business's fundamental solvency and financial strength.