SouthGobi Resources Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3.52	8.59	47.99	9.26	0.72	20.12
Cash & Short-Term Investments	3.52	8.59	47.99	9.26	0.72	20.12
Cash Growth	-74.31%	-82.10%	418.56%	1180.08%	-96.41%	180.86%
Accounts Receivable	20.69	25.42	-	-	-	1
Other Receivables	1.51	6.07	7.54	1.2	0.14	0.31
Receivables	22.2	31.49	7.54	1.2	0.14	1.31
Inventory	117.06	107.25	52.93	34.83	51.61	42.38
Prepaid Expenses	4.86	1.44	1.11	0.78	0.94	0.96
Restricted Cash	0.84	0.27	0.42	0.73	1.26	0.92
Other Current Assets	-	4.64	5.36	0.71	0.63	0.71
Total Current Assets	148.47	153.68	115.36	47.5	55.3	66.39
Property, Plant & Equipment	240	243.56	157.12	119.35	135.15	131.43
Long-Term Investments	34.26	32.61	23.26	14.52	15.67	16.13
Other Long-Term Assets	-	-	-	-	-	0.68
Total Assets	422.73	429.85	295.74	181.36	206.11	214.63
Accounts Payable	154.29	107.76	43.7	37.19	45.25	42.62
Accrued Expenses	70.3	99.02	100.39	22.54	22.08	31.74
Short-Term Debt	-	-	-	-	0.05	2.83
Current Portion of Long-Term Debt	139.27	120.65	103.15	140.78	-	181.41
Current Portion of Leases	0.81	0.85	1.21	0.3	0.3	0.2
Current Income Taxes Payable	14.53	12.89	20.06	1.07	3.68	4.37
Current Unearned Revenue	51.85	34.35	65.67	30.28	26.48	20.83
Other Current Liabilities	-	6.3	-	-	-	-
Total Current Liabilities	431.04	381.81	334.17	232.16	97.84	284
Long-Term Debt	90.44	84.27	91.15	83.87	191.63	-
Long-Term Leases	1.05	1.34	1.79	0.2	0.59	0.42
Other Long-Term Liabilities	16.43	12.27	9.97	7.65	6.52	6.45
Total Liabilities	538.95	479.7	437.07	323.88	296.56	290.87
Common Stock	1,102	1,102	1,102	1,102	1,099	1,099
Retained Earnings	-1,205	-1,149	-1,242	-1,242	-1,212	-1,198
Comprehensive Income & Other	-12.99	-2.67	-1.42	-1.8	22.79	22.83
Shareholders' Equity	-116.22	-49.84	-141.33	-142.52	-90.45	-76.24
Total Liabilities & Equity	422.73	429.85	295.74	181.36	206.11	214.63
Total Debt	231.56	207.11	197.29	225.16	192.56	184.86
Net Cash (Debt)	-228.04	-198.52	-149.3	-215.9	-191.84	-164.74
Net Cash Per Share	-0.77	-0.67	-0.50	-0.78	-0.70	-0.60
Filing Date Shares Outstanding	296.7	296.7	295.77	295.23	274.2	272.78
Total Common Shares Outstanding	296.71	296.71	295.28	295.23	274.12	272.7
Working Capital	-282.56	-228.13	-218.82	-184.67	-42.54	-217.61
Book Value Per Share	-0.39	-0.17	-0.48	-0.48	-0.33	-0.28
Tangible Book Value	-116.22	-49.84	-141.33	-142.52	-90.45	-76.24
Tangible Book Value Per Share	-0.39	-0.17	-0.48	-0.48	-0.33	-0.28
Buildings	-	64.84	64.11	63.36	68.55	68.54
Machinery	-	242.74	229.74	225.37	293.37	291.32

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.