SouthGobi Resources Past Earnings Performance
Past criteria checks 3/6
SouthGobi Resources's earnings have been declining at an average annual rate of -12.5%, while the Oil and Gas industry saw earnings growing at 40.3% annually. Revenues have been growing at an average rate of 14.5% per year.
Key information
-12.5%
Earnings growth rate
-11.5%
EPS growth rate
| Oil and Gas Industry Growth | 42.1% |
| Revenue growth rate | 14.5% |
| Return on equity | n/a |
| Net Margin | 0.3% |
| Last Earnings Update | 31 Dec 2023 |
Revenue & Expenses BreakdownBeta
How SouthGobi Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 332 | 1 | 11 | 0 |
| 30 Sep 23 | 273 | -28 | 10 | 0 |
| 30 Jun 23 | 212 | -65 | 9 | 0 |
| 31 Mar 23 | 135 | -12 | 8 | 0 |
| 31 Dec 22 | 73 | -30 | 7 | 0 |
| 30 Sep 22 | 43 | -37 | 6 | 0 |
| 30 Jun 22 | 16 | -38 | 6 | 0 |
| 31 Mar 22 | 15 | -38 | 6 | 0 |
| 31 Dec 21 | 43 | -14 | 6 | 0 |
| 30 Sep 21 | 76 | -5 | 7 | 0 |
| 30 Jun 21 | 98 | 5 | 7 | 0 |
| 31 Mar 21 | 108 | 2 | 7 | 0 |
| 31 Dec 20 | 86 | -20 | 7 | 0 |
| 30 Sep 20 | 84 | -20 | 7 | 0 |
| 30 Jun 20 | 82 | -19 | 7 | 0 |
| 31 Mar 20 | 99 | -7 | 9 | 0 |
| 31 Dec 19 | 130 | 4 | 10 | 0 |
| 30 Sep 19 | 131 | -4 | 10 | 0 |
| 30 Jun 19 | 129 | -9 | 10 | 0 |
| 31 Mar 19 | 116 | -36 | 12 | 0 |
| 31 Dec 18 | 104 | -41 | 11 | 0 |
| 30 Sep 18 | 112 | -42 | 11 | 0 |
| 30 Jun 18 | 105 | -49 | 11 | 0 |
| 31 Mar 18 | 120 | -31 | 10 | 0 |
| 31 Dec 17 | 121 | -38 | 9 | 0 |
| 30 Sep 17 | 98 | -44 | 10 | 0 |
| 30 Jun 17 | 95 | -43 | 10 | 0 |
| 31 Mar 17 | 71 | -55 | 9 | 0 |
| 31 Dec 16 | 58 | -61 | 8 | 0 |
| 30 Sep 16 | 42 | -154 | 8 | 0 |
| 30 Jun 16 | 35 | -162 | 8 | 0 |
| 31 Mar 16 | 27 | -179 | 8 | 0 |
| 31 Dec 15 | 16 | -187 | 8 | 0 |
| 30 Sep 15 | 18 | -112 | 8 | 0 |
| 30 Jun 15 | 17 | -118 | 9 | 0 |
| 31 Mar 15 | 21 | -106 | 9 | 0 |
| 31 Dec 14 | 24 | -104 | 10 | 0 |
| 30 Sep 14 | 52 | -207 | 12 | 0 |
| 30 Jun 14 | 60 | -225 | 13 | 0 |
| 31 Mar 14 | 59 | -235 | 15 | 0 |
| 31 Dec 13 | 59 | -237 | 17 | 0 |
| 30 Sep 13 | 27 | -155 | 19 | 0 |
| 30 Jun 13 | 16 | -160 | 21 | 0 |
Quality Earnings: SGQ has high quality earnings.
Growing Profit Margin: SGQ became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SGQ has become profitable over the past 5 years, growing earnings by -12.5% per year.
Accelerating Growth: SGQ has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: SGQ has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-36.9%).
Return on Equity
High ROE: SGQ's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.