SGQRF (Southgobi Resources) Scaled Net Operating Assets: 0.10 (As of Mar. 2026)

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SGQRF Southgobi Resources Ltd SGQRF
62 GF Score
Price $0.28
GF Value $0.64
! 7 Warning Signs
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What is Southgobi Resources Scaled Net Operating Assets?

Southgobi Resources SGQRF 62 Scaled Net Operating Assets is 0.10 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Southgobi Resources's operating assets for the quarter that ended in Mar. 2026 was $358.3 Mil. Southgobi Resources's operating liabilities for the quarter that ended in Mar. 2026 was $321.8 Mil. Southgobi Resources's Total Assets for the quarter that ended in Dec. 2025 was $355.6 Mil. Therefore, Southgobi Resources's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.10.


Southgobi Resources Scaled Net Operating Assets Historical Data

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The historical data trend for Southgobi Resources's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Southgobi Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.36 0.04 0.50 0.07

Southgobi Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Scaled Net Operating Assets 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 0.30 0.26 0.27 0.07 0.10

Southgobi Resources Scaled Net Operating Assets Competitor Comparison

For the Thermal Coal subindustry, Southgobi Resources's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Southgobi Resources's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Southgobi Resources's Scaled Net Operating Assets falls into.


SGQRF
62GF Score
Southgobi Resources Ltd SGQRF
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Southgobi Resources Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Southgobi Resources's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(343.202-313.993)/429.853
=0.07

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=355.577 - 12.375
=343.202

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=582.812 - 116.536 - 152.283
=313.993

Southgobi Resources's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(358.307-321.817)/355.577
=0.10

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=369.611 - 11.304
=358.307

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=606.332 - 111.306 - 173.209
=321.817

* 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.

What does a Scaled Net Operating Assets of 0.10 mean?
Southgobi Resources (SGQRF) has a Scaled Net Operating Assets of 0.10 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Southgobi Resources and its competitors.
Is Southgobi Resources' Scaled Net Operating Assets too high?
Southgobi Resources' current Scaled Net Operating Assets is 0.10. Overall, Southgobi Resources has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Southgobi Resources' Scaled Net Operating Assets compare to competitors?
Southgobi Resources' Scaled Net Operating Assets of 0.10 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 Scaled Net Operating Assets for an Other Energy Sources company?
A good Scaled Net Operating Assets depends on the Other Energy Sources industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Southgobi Resources and its competitors. Southgobi Resources's current Scaled Net Operating Assets is 0.10. 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 Scaled Net Operating Assets of 0.10. 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 Scaled Net Operating Assets is 0.10. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Southgobi Resources (SGQRF), the current Scaled Net Operating Assets is 0.10 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:

  • Scaled Net Operating Assets: 0.10
  • 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

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.28
Price
$0.64
GF Value