SouthGobi Resources Ltd.

SouthGobi Resources Ltd.

1878.HK
SouthGobi Resources Ltd.HK flagHong Kong Stock Exchange
1.76
HKD
+0.04
- -
522.54MMarket Cap
SouthGobi Resources Ltd.
1878.HK
(Hong Kong Stock Exchange)

Recent

price

1.76

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
0.45
0.98
0.43
0.32
0.13
0.07
0.23
0.44
0.38
0.48
0.32
0.16
0.26
1.12
1.66
2.02
2.17
Revenue per Share
-0.66
0.32
-0.54
-1.3
-0.55
-0.79
-0.24
-0.14
-0.15
0.02
-0.07
-0.05
-0.11
- -
0.31
-0.57
-0.51
Basic EPS, GAAP
-1.46
-1.93
-0.68
-0.02
-0.17
-0.08
- -
0.02
0.02
- -
0.04
-0.05
0.05
0.39
-0.04
-0.07
0.2
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-2.51
3.58
3.04
1.77
1.22
0.25
-0.02
-0.15
-0.3
-0.29
-0.36
-0.41
-0.51
-0.47
-0.16
-0.73
-0.75
Book Value per Share
3.85
3.91
3.32
2.05
1.5
0.47
0.16
0.03
-0.18
-0.18
-0.28
-0.33
-0.52
-0.48
-0.17
-0.77
-0.8
Tangible Book Value per Share
177
183
182
183
190
238
258
272
273
273
273
273
277
295
297
297
297
Basic Weighted Avg Shares
80
179
78
59
24
16
58
121
104
130
86
43
73
332
493
599
645
Sales/Revenue/Turnover
-49.38
-11.16
-110.13
-125.42
-280.92
-465.34
-72.67
-0.34
-11.8
20.02
11.8
6.62
6.14
21.03
31.15
-3.93
-1.63
Operating Margin (%)
13
28
46
45
38
30
41
29
21
16
9
6
4
6
21
49
56
Depreciation Expense
-116
58
-98
-237
-104
-187
-61
-38
-41
4
-20
-14
-30
1
92
-169
-151
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
44.49
- -
- -
- -
97.39
25.17
- -
- -
Effective Tax Rate (%)
-145.65
32.25
-124.9
-404.98
-423.3
-1,165.1
-104.1
-31.08
-39.62
3.24
-23.37
-33.12
-41.62
0.27
18.75
-28.18
-23.34
Profit Margin (%)
546
236
120
42
3
-42
-64
-169
-203
-115
-218
-43
-185
-219
-228
-337
-353
Working Capital
245
139
100
94
93
92
92
- -
- -
90
- -
192
84
93
86
117
111
LT Debt
679
716
604
375
284
111
41
8
-48
-49
-76
-90
-143
-141
-50
-227
-237
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
12.06
- -
- -
- -
1.29
51.61
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
25.07
- -
- -
- -
2.99
110.88
- -
- -
Return on Capital (%)
- -
- -
-16.14
-54.21
-37.32
-127.96
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
140
152
173
LT Borrowings
90
116
105
LT Finance Leases
1
1
7
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
297
297
297
Market Capitalization
87
74
77

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
148
112
124
Cash, Cash Equivalents & STI
4
12
11
Accounts Receivable, Net
21
20
17
Inventories
117
69
75
Total Current Liabilities
431
449
477
Payables & Accruals
239
244
- -
ST Debt
140
152
173
Deferred Revenue
52
53
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-43.51%
73.31%
355.9%
Free Cash Flow
-1,240.22%
57.54%
102.91%
Net Income, GAAP
900%
1,956.93%
-282.46%
Sales/Revenue/Turnover
79.13%
88.54%
21.37%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
93
144
175
493
2025
123
155
149
172
599
2026
169
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
-0.01
0.03
- -
0.31
2025
-0.09
-0.08
-0.02
- -
-0.57
2026
-0.03
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
SouthGobi Resources Ltd. operates as an integrated coal mining, development and exploration company focused on metallurgical and thermal coal production in Mongolia. The company owns and operates the flagship Ovoot Tolgoi open-pit mine in the Umnugobi Aimag, which produces premium semi-soft coking coal, standard semi-soft coking coal, premium thermal coal, standard thermal coal and processed coal through its wet washing facility (annual capacity of 1.7 million tonnes) and dry processing facility (annual capacity of 5.4 million tonnes); it holds additional development projects at the Soumber Deposit (Central Soumber, East Soumber, Biluut, South Biluut and Jargalant fields) and Zag Suuj Deposit, with total coal resources of approximately 760 million tonnes and Ovoot Tolgoi reserves of 82 million tonnes. SouthGobi engages in coal mining, processing, transportation via its paved highway to Ceke Port and investments in Shivee Khuren-Ceke railway, and trading, primarily selling to customers in China through its major sales network at Ceke Port in Inner Mongolia; subsidiaries include SouthGobi Sands LLC, SGQ Coal Investment Pte. Ltd., SouthGobi Resources (Hong Kong) Limited and various Inner Mongolia entities. Founded in 2002 as a Canadian company and formerly known as SouthGobi Energy Resources Ltd. until its name change in May 2010, SouthGobi maintains headquarters in Kowloon, Hong Kong, with primary listing on the Hong Kong Stock Exchange (1878.HK) and secondary listing on the TSX Venture Exchange (SGQ). Recent developments include a Build-Operate-Transfer Agreement entered into by subsidiary SouthGobi Sands LLC on July 15, 2024; a March 2025 Deferral Agreement with JD Zhixing Fund L.P. involving subsidiaries SouthGobi Sands LLC and SGQ Coal Investment Pte. Ltd.; primary listing shift to the Hong Kong Stock Exchange with TSX Venture Exchange listing effective April 17, 2023; and strong operational growth with Q2 2025 coal sales of 2.96 million tonnes (up 147% year-over-year) and raw coal production of 3.91 million tonnes (up 95%).