Intchains Group Limited (ICG) Q3 2024 Earnings Call Transcript Summary
Intchains Group Limited (ICG) Q3 2024 Earnings Call Transcript Summary
Net income was CNY 3.2 million (USD 450,000), while non-GAAP adjusted net income was CNY 19.1 million (USD 912,000), showing a turnaround from a loss in the previous year.The following is a summary of the Intchains Group Limited (ICG) Q3 2024 Earnings Call Transcript:
以下是智能鏈團有限公司（ICG）2024年第三季度業績電話會議記錄摘要：
Financial Performance:
財務業績：
Third quarter revenue reached CNY 60.3 million (USD 8.6 million), showing a significant year-on-year increase of 781%.
Gross margin reached 67.7%, the highest level since Q1 2023, primarily driven by the higher margins of new ASIC chip products.
Net income was CNY 3.2 million (USD 450,000), while non-GAAP adjusted net income was CNY 19.1 million (USD 912,000), showing a turnaround from a loss in the previous year.
第三季度收入達到人民幣6030萬元（合860萬美元），同比大幅增長781％。
毛利率達到67.7％，爲2023年第一季度以來的最高水平，這主要是由新的ASIC芯片產品的利潤率提高所推動的。
淨收益爲320萬元人民幣（合45萬美元），而非公認會計准則調整後的淨收益爲1910萬元人民幣（合91.2萬美元），顯示出從去年的虧損中恢復過來。
Business Progress:
業務進展：
Continued emphasis on the cryptocurrency sector with a launch of Goldshell Pay and plans to release a hardware crypto wallet in Q4.
Advanced in ASIC chip sales, particularly in designs for Kaspa, Alephium, Dogecoin, and Litecoin mining with a 26% increase in ASIC chip sales volume year-over-year.
Ether holdings grew by 71.7% reaching 4,149 Ether by the end of the quarter as part of the crypto accumulation strategy.
隨着Goldshell Pay的推出，繼續將重點放在加密貨幣領域，並計劃在第四季度發佈硬件加密錢包。
澳大利亞證券投資委員會芯片的銷量有所提高，尤其是在Kaspa、Alephium、狗狗幣和萊特幣採礦業的設計方面，ASIC芯片的銷量同比增長了26％。
作爲加密增持策略的一部分，到本季度末，以太幣持有量增長了71.7％，達到4,149以太幣。
Opportunities:
機會：
The launch of hardware crypto wallet in Q4 aims to enhance the complete payment product line and application ecosystem.
Renewed optimism in the cryptocurrency market due to prospects of pro-crypto regulations following the U.S. presidential election results.
第四季度推出的硬件加密錢包旨在增強完整的支付產品線和應用程序生態系統。
在美國總統大選結果公佈後，由於支持加密貨幣的監管前景，加密貨幣市場再次出現樂觀情緒。
Risks:
風險：
Reported a loss on fair value of cryptocurrency of CNY 13.1 million (USD 1.9 million) due to market volatility affecting Ether prices, which decreased by 24.2% from the end of Q2 to the end of Q3 2024.
報告稱，由於市場波動影響以太幣價格，加密貨幣的公允價值虧損1310萬元人民幣（合190萬美元），從第二季度末到2024年第三季度末下降了24.2％。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：本文由 AI 生成。無法完全保證內容的準確性。欲了解更多詳情，請訪問投資者關係網站。本文僅供投資者參考，不構成任何投資建議。
