SouthGobi Resources Ltd
SouthGobi Resources Ltd., together with its subsidiaries, operates as an integrated coal mining, development, and exploration company in Mongolia and China. The company primarily explores for coking and thermal coal. Its flagship project is the Ovoot Tolgoi open pit coal mine located in the Umnugobi Aimag of Mongolia. The company was formerly known as SouthGobi Energy Resources Ltd. and changed i… Read more
SouthGobi Resources Ltd (SGQRF) - Net Assets
Latest net assets as of September 2025: $-116.22 Million USD
Based on the latest financial reports, SouthGobi Resources Ltd (SGQRF) has net assets worth $-116.22 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($422.73 Million) and total liabilities ($538.95 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $-116.22 Million |
| % of Total Assets | -27.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | -145.03% |
| Growth Volatility | 148.5 |
SouthGobi Resources Ltd - Net Assets Trend (2002–2024)
This chart illustrates how SouthGobi Resources Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SouthGobi Resources Ltd (2002–2024)
The table below shows the annual net assets of SouthGobi Resources Ltd from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $-49.84 Million | +64.73% |
| 2023-12-31 | $-141.33 Million | +0.84% |
| 2022-12-31 | $-142.52 Million | -57.57% |
| 2021-12-31 | $-90.45 Million | -18.64% |
| 2020-12-31 | $-76.24 Million | -54.90% |
| 2019-12-31 | $-49.22 Million | -2.24% |
| 2018-12-31 | $-48.14 Million | -556.74% |
| 2017-12-31 | $10.54 Million | -77.09% |
| 2016-12-31 | $46.01 Million | -58.43% |
| 2015-12-31 | $110.69 Million | -61.06% |
| 2014-12-31 | $284.28 Million | -24.20% |
| 2013-12-31 | $375.06 Million | -38.42% |
| 2012-12-31 | $609.08 Million | -14.95% |
| 2011-12-31 | $716.18 Million | +5.49% |
| 2010-12-31 | $678.89 Million | +24415.54% |
| 2009-12-31 | $-2.79 Million | -103.14% |
| 2008-12-31 | $88.96 Million | +384.55% |
| 2007-12-31 | $-31.27 Million | -638.30% |
| 2006-12-31 | $-4.23 Million | -237.39% |
| 2005-12-31 | $3.08 Million | -59.78% |
| 2004-12-31 | $7.66 Million | -35.54% |
| 2003-12-31 | $11.89 Million | +30799.36% |
| 2002-12-31 | $-38.73K | -- |
Equity Component Analysis
This analysis shows how different components contribute to SouthGobi Resources Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 114896607500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.10 Billion | % |
| Other Comprehensive Income | $-55.67 Million | % |
| Other Components | $53.65 Million | % |
| Total Equity | $-49.84 Million | 100.00% |
SouthGobi Resources Ltd Competitors by Market Cap
The table below lists competitors of SouthGobi Resources Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Integrated Wellness Acquisition Corp
NYSE:WEL
|
$41.50 Million |
|
OHARA INC.
F:9IE
|
$41.51 Million |
|
CAG Group AB (publ)
ST:CAG
|
$41.51 Million |
|
BGDFF
OTCQB:BGDFF
|
$41.51 Million |
|
Ji-Haw Industrial Co Ltd
TW:3011
|
$41.49 Million |
|
Standard Biotools Inc
NASDAQ:LAB
|
$41.48 Million |
|
Kangda International Environmental Company Limited
STU:27K
|
$41.48 Million |
|
Vivani Medical Inc.
NASDAQ:VANI
|
$41.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SouthGobi Resources Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -141,332,000 to -49,843,000, a change of 91,489,000.
- Net income of 92,497,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 54,254,000.
- Other factors increased equity by 53,246,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $92.50 Million | +185.58% |
| Other Comprehensive Income | $-54.25 Million | -108.85% |
| Other Changes | $53.25 Million | +106.83% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares SouthGobi Resources Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $0.00 | $0.30 | x |
| 2003-12-31 | $2.23 | $0.30 | x |
| 2004-12-31 | $0.52 | $0.30 | x |
| 2005-12-31 | $0.19 | $0.30 | x |
| 2006-12-31 | $-0.25 | $0.30 | x |
| 2007-12-31 | $-0.61 | $0.30 | x |
| 2008-12-31 | $0.69 | $0.30 | x |
| 2009-12-31 | $-0.02 | $0.30 | x |
| 2010-12-31 | $3.85 | $0.30 | x |
| 2011-12-31 | $3.51 | $0.30 | x |
| 2012-12-31 | $2.90 | $0.30 | x |
| 2013-12-31 | $2.05 | $0.30 | x |
| 2014-12-31 | $1.50 | $0.30 | x |
| 2015-12-31 | $0.47 | $0.30 | x |
| 2016-12-31 | $0.18 | $0.30 | x |
| 2017-12-31 | $0.04 | $0.30 | x |
| 2018-12-31 | $-0.18 | $0.30 | x |
| 2019-12-31 | $-0.18 | $0.30 | x |
| 2020-12-31 | $-0.28 | $0.30 | x |
| 2021-12-31 | $-0.33 | $0.30 | x |
| 2022-12-31 | $-0.52 | $0.30 | x |
| 2023-12-31 | $-0.48 | $0.30 | x |
| 2024-12-31 | $-0.17 | $0.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SouthGobi Resources Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.75%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-49.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | 0.00% | 0.00x | 0.00x | $-252.05K |
| 2003 | -19.16% | 0.00% | 0.00x | 1.13x | $-3.47 Million |
| 2004 | -58.76% | 0.00% | 0.00x | 1.14x | $-5.27 Million |
| 2005 | -201.61% | 0.00% | 0.00x | 1.22x | $-6.52 Million |
| 2006 | 0.00% | 0.00% | 0.00x | 0.00x | $-8.94 Million |
| 2007 | 0.00% | 0.00% | 0.00x | 0.00x | $-23.60 Million |
| 2008 | -78.21% | -2225.72% | 0.03x | 1.13x | $-78.47 Million |
| 2009 | 0.00% | -307.47% | 0.06x | 0.00x | $-110.53 Million |
| 2010 | -17.12% | -145.65% | 0.08x | 1.42x | $-184.08 Million |
| 2011 | 8.06% | 32.25% | 0.19x | 1.29x | $-13.87 Million |
| 2012 | -16.91% | -193.95% | 0.07x | 1.20x | $-163.93 Million |
| 2013 | -63.31% | -404.98% | 0.12x | 1.35x | $-274.97 Million |
| 2014 | -36.47% | -423.30% | 0.06x | 1.46x | $-132.11 Million |
| 2015 | -168.72% | -1165.10% | 0.06x | 2.62x | $-197.83 Million |
| 2016 | -132.24% | -104.10% | 0.23x | 5.64x | $-65.45 Million |
| 2017 | -356.68% | -31.08% | 0.46x | 24.72x | $-38.65 Million |
| 2018 | 0.00% | -39.62% | 0.46x | 0.00x | $-36.31 Million |
| 2019 | 0.00% | 3.24% | 0.57x | 0.00x | $9.12 Million |
| 2020 | 0.00% | -23.37% | 0.40x | 0.00x | $-12.47 Million |
| 2021 | 0.00% | -33.12% | 0.21x | 0.00x | $-5.33 Million |
| 2022 | 0.00% | -41.62% | 0.40x | 0.00x | $-16.17 Million |
| 2023 | 0.00% | 0.27% | 1.12x | 0.00x | $15.04 Million |
| 2024 | 0.00% | 18.75% | 1.15x | 0.00x | $97.48 Million |
Industry Comparison
This section compares SouthGobi Resources Ltd's net assets metrics with peer companies in the Thermal Coal industry.
Industry Context
- Industry: Thermal Coal
- Average net assets among peers: $8,744,092,304
- Average return on equity (ROE) among peers: -23.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SouthGobi Resources Ltd (SGQRF) | $-116.22 Million | 0.00% | N/A | $41.50 Million |
| AIM Energy Inc (AEXE) | $-1.47 Million | 0.00% | 0.00x | $110.24K |
| Morien Resources Corp (APMCF) | $2.27 Million | -24.69% | 0.20x | $8.67 Million |
| Alliance Resource Partners LP (ARLP) | $-46.55 Million | 0.00% | 0.00x | $2.47 Billion |
| Peabody Energy Corp (BTU) | $2.73 Billion | -28.86% | 3.84x | $3.53 Billion |
| Consol Energy Inc (CEIX) | $551.61 Million | 27.73% | 4.00x | $2.71 Billion |
| Colombia Energy Resources Inc (CERX) | $-129.93K | 0.00% | 0.00x | $0.92 |
| Core Natural Resources, Inc. (CNR) | $553.52 Million | -1.76% | 3.56x | $4.91 Billion |
| China Shenhua Energy Co Ltd (CSUAY) | $84.21 Billion | 19.52% | 0.94x | $97.80 Billion |
| Southstone Minerals Limited (FDGMF) | $995.43K | -225.71% | 4.43x | $65.85K |
| Feishang Anthracite Resources Limited (FSHRF) | $-551.82 Million | 0.00% | 0.00x | $1.85 Million |