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Southgobi Resources (TSXV:SGQ) Gross-Profit-to-Asset % : 45.66% (As of Dec. 2024)


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What is Southgobi Resources Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Southgobi Resources's annualized Gross Profit for the quarter that ended in Dec. 2024 was C$253.7 Mil. Southgobi Resources's average Total Assets over the quarter that ended in Dec. 2024 was C$555.6 Mil. Therefore, Southgobi Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 45.66%.


Southgobi Resources Gross-Profit-to-Asset % Historical Data

The historical data trend for Southgobi Resources's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Southgobi Resources Gross-Profit-to-Asset % Chart

Southgobi Resources Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.14 5.75 8.16 72.31 37.49

Southgobi Resources Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 76.50 47.78 23.24 36.08 45.66

Competitive Comparison of Southgobi Resources's Gross-Profit-to-Asset %

For the Thermal Coal subindustry, Southgobi Resources's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southgobi Resources's Gross-Profit-to-Asset % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Southgobi Resources's Gross-Profit-to-Asset % falls into.


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Southgobi Resources Gross-Profit-to-Asset % Calculation

Southgobi Resources's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=189.186/( (396.762+612.412)/ 2 )
=189.186/504.587
=37.49 %

Southgobi Resources's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=253.716/( (498.841+612.412)/ 2 )
=253.716/555.6265
=45.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Southgobi Resources Gross-Profit-to-Asset % Related Terms

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Southgobi Resources Business Description

Traded in Other Exchanges
Address
Tower 1, 193 Prince Edward Road. West, Grand Centurey Tower, Units 1208-10, Mongkok, Corporate Department, Kowloon, HKG, V6C 2G8
Southgobi Resources Ltd together with its subsidiaries is an integrated coal mining, development, and exploration company. Its reportable operating segment is its Coal Division which is principally engaged in coal mining, development, and exploration in Mongolia and logistics and trading of coal in Mongolia and China. The company also holds the mining and exploration licenses of other metallurgical and thermal coal deposits in the South Gobi Province of Mongolia. The company owns the following operating coal mine and coal projects in Mongolia: the Ovoot Tolgoi Mine, Zag Suuj Project, and the Soumber Project.
Executives
Allison Snetsinger Senior Officer
Yingbin Ian He Director
Alan Ho Senior Officer

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