SGQRF (Southgobi Resources) Research & Development: $0.0 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGQRF Southgobi Resources Ltd SGQRF
62 GF Score
Price $0.28
GF Value $0.64
! 7 Warning Signs
View Full Analysis

What is Southgobi Resources Research & Development?

Southgobi Resources SGQRF 62 Research & Development is $0.0 Mil as of Mar. 2026. GuruFocus rates SGQRF with a GF Score™ of 62/100 and a GF Value™ of $0.64. The stock has 7 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Southgobi Resources's Research & Development for the three months ended in Mar. 2026 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $0.0 Mil.

Southgobi Resources  (OTCPK:SGQRF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Southgobi Resources Research & Development Related Terms

Southgobi Resources Research & Development Historical Data

* Premium members only.

The historical data trend for Southgobi Resources's Research & Development 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.

Southgobi Resources Research & Development Chart

Southgobi Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Southgobi Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development 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 0.00 0.00 0.00 0.00 0.00
SGQRF
62GF Score
Southgobi Resources Ltd SGQRF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southgobi Resources Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $0.0 Mil mean?
Southgobi Resources (SGQRF) has a Research & Development of $0.0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Southgobi Resources and its competitors.
Is Southgobi Resources' Research & Development too high?
Southgobi Resources' current Research & Development is $0.0 Mil. Overall, Southgobi Resources has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Southgobi Resources' Research & Development compare to competitors?
Southgobi Resources' Research & Development of $0.0 Mil can be compared against companies in the Other Energy Sources industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Other Energy Sources company?
A good Research & Development depends on the Other Energy Sources industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Southgobi Resources and its competitors. Southgobi Resources's current Research & Development is $0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southgobi Resources stock overvalued right now?
Southgobi Resources (SGQRF) has a current Research & Development of $0.0 Mil. The stock's GF Value™ is $0.64, compared to a current price of $0.28 — trading 56.3% below its estimated fair value. The current Research & Development is $0.0 Mil. Southgobi Resources' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Southgobi Resources (SGQRF), the current Research & Development is $0.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southgobi Resources (SGQRF) Overvalued in 2026?

Based on GuruFocus' analysis, Southgobi Resources stock appears to be undervalued. The current stock price of $0.28 is trading 56.3% below its estimated GF Value™ of $0.64.

Key valuation signals for SGQRF:

  • Research & Development: $0.0 Mil
  • GF Value™: $0.64 vs. price of $0.28 (56.3% below fair value)
  • GF Score™: 62/100 with 7 warning signs

No single metric tells the full story. See the SGQRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Southgobi Resources Business Description

Other Exchanges 01878:Hong KongSGQ:Canada
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.
62GF Score

Get the complete analysis for SGQRF

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28
Price
$0.64
GF Value