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    Energy minerals

  3. •

    Coal
SouthGobi Resources Ltd.

SouthGobi Resources Ltd.

1.82
HKD
-0.03
(-1.63%)
-3.51EPS
516.87MMarket Cap
SouthGobi Resources Ltd.
HKEX:1878
(Hong Kong Exchange)

Recent

price

1.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
USD
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
2.36
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
-0.45
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
0.28
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
3.7
3.95
3.32
2
1.3
0.43
0.16
0.03
-0.18
-0.18
-0.28
-0.33
-0.48
-0.48
-0.17
-0.77
-0.82
Book Value per Share
3.7
3.95
3.32
2
1.3
0.43
0.16
0.03
-0.18
-0.18
-0.28
-0.33
-0.48
-0.48
-0.17
-0.77
-0.82
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
702
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
1.86
Operating Margin (%)
13
28
46
45
38
30
41
29
21
16
9
6
4
6
21
49
65
Depreciation Expense
-116
58
-98
-237
-104
-187
-61
-38
-41
4
-20
-14
-30
1
92
-169
-133
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
-18.97
Profit Margin (%)
546
236
120
42
3
-42
-64
-169
-203
-115
-218
-43
-185
-219
-228
-337
-375
Working Capital
245
139
100
94
93
92
92
- -
- -
90
- -
192
84
93
86
117
93
LT Debt
679
716
604
375
284
111
41
8
-48
-49
-76
-90
-143
-141
-50
-227
-243
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
13.86
- -
- -
- -
1.4
51.7
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
17.25
- -
- -
- -
3.06
113.01
- -
- -
Return on Capital (%)
- -
8.28
-14.77
-48.51
-31.45
-94.57
-80.11
-153.31
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
152
173
191
LT Borrowings
116
105
86
LT Finance Leases
1
7
6
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
297
297
297
Market Capitalization
74
77
66

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
112
124
134
Cash, Cash Equivalents & STI
12
11
18
Accounts Receivable, Net
20
17
20
Inventories
69
75
73
Total Current Liabilities
449
477
509
Payables & Accruals
244
- -
- -
ST Debt
152
173
191
Deferred Revenue
53
- -
- -

Growth Rates

USD

•

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

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
82
93
144
175
493
2025
123
155
149
172
599
2026
169
212
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.04
-0.01
0.03
0.24
0.31
2025
-0.09
-0.08
-0.02
-0.38
-0.57
2026
-0.03
-0.02
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Alpha Metallurgical Resources, Inc. (NYSE:AMR)
Business
SouthGobi Resources Ltd. operates as an integrated coal mining, development, and exploration company primarily in Mongolia and China. Founded in 2002 and headquartered in Vancouver, Canada, the company focuses on the extraction and sale of coking coal and thermal coal, with its flagship asset being the Ovoot Tolgoi open pit coal mine located in the Umnugobi Aimag region of Mongolia. SouthGobi's product portfolio includes premium semi-soft coking coal, standard semi-soft coking coal, thermal coal, mixed coal, wet washed coal, and dry processed coal. The company supplies coal mainly to consumers in China, including steel mills and power plants. Recent major developments include a Build-Operate-Transfer agreement signed in July 2024 between SouthGobi's Mongolian subsidiary, Southgobi Sands LLC, and Tangshan Shenzhou Manufacturing Group Co., Ltd., to construct and operate a new dry coal separation system at the Ovoot Tolgoi Mine, enhancing coal processing capabilities and quality management. This initiative supports expansion of SouthGobi’s coal product offerings, including successfully processing F-grade coal to meet Chinese import quality standards, which has enabled increased coal exports since early 2024. The product mix as of Q3 2024 included approximately 5% premium semi-soft coking coal, 51% standard semi-soft coking coal/premium thermal coal, 12% standard thermal coal, and 32% processed coal. The company has also increased its mining scale and implemented various coal processing methods such as screening, wet washing, and dry processing, improving coal quality and export volume. SouthGobi is publicly traded on the Hong Kong Stock Exchange (ticker 1878) and the Toronto Stock Exchange Venture (ticker SGQ). Its operations are strategically positioned to serve the significant demand for metallurgical and thermal coal in China, supported by strong shareholders including Chinese state-owned enterprises. SouthGobi continues to focus on operational expansions while managing regulatory and market challenges in Mongolia and China. The company had approximately 360 employees as of 2022 and pursues ongoing development projects including deposits at Soumber and Zag Suuj.