Sign in

Private company

TURQUOISE HILL RESOURCES LTD.

TURQUOISE HILL RESOURCES LTD. is a Canadian metal mining company, incorporated in Yukon.1 It is headquartered in Montreal, Canada.1

Last updated Oct 21, 2026.

Overview

$2.0BRevenue, fiscal 20212
$681.1MNet income, fiscal 20212
  • IndustryMetal Mining1
  • HeadquartersMontreal, Canada1
  • Incorporated inYukon, Canada3
  • Business address1 Place Ville-Marie, Suite 3680, Montreal, A8 H3B 3P23

See how the biggest companies compare on our leaderboards

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2021

68.4%Gross margin2
50.6%Operating margin2
34.6%Net margin2
82.8%Revenue growth, 20212
7.5%Return on equity2
0.41×Debt to equity2
-$420.8MFree cash flow2

Where the money goes

Where each dollar of revenue went, fiscal 2021

  • Cost of revenue32¢$622.3M
  • Other costs3¢$56.2M
  • Interest15¢$299.6M
  • Income tax16¢$311.8M
  • Profit35¢$681.1M

Out of $2.0B in revenue.2

Where each dollar of operating cash went, fiscal 2021

  • Capital spending100¢$996.9M

Out of $576.1M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.2

Financial statements

Revenue456782$2.0B in 2021+20% since 2014
0$500.0M$1.0B$1.5B$2.0B2014: $1.6B$1.6B20142016: $1.2B$1.2B2016−27%2017: $939.8M$939.8M2017−22%2018: $1.2B$1.2B2018+26%2019: $1.2B$1.2B2019−1%2020: $1.1B$1.1B2020−8%2021: $2.0B$2.0B2021+83%
Gross profit56782$1.3B in 2021+295% since 2016
0$500.0M$1.0B$1.5B2016: $341.5M$341.5M20162017: $176.0M$176.0M2017−48%2018: $402.8M$402.8M2018+129%2019: $423.0M$423.0M2019+5%2020: $408.8M$408.8M2020−3%2021: $1.3B$1.3B2021+230%
Operating income46782$998.0M in 2021+1316% since 2014
-$500.0M0$500.0M$1.0B2014: $70.5M$70.5M20142017: -$46.0M-$46.0M20172018: $151.5M$151.5M20182019: -$416.1M-$416.1M20192020: $176.4M$176.4M20202021: $998.0M$998.0M2021+466%
Net income456782$681.1M in 2021+2044% since 2014
-$500.0M0$500.0M$1.0B2014: $31.8M$31.8M20142016: $106.6M$106.6M2016+236%2017: $110.9M$110.9M2017+4%2018: $394.3M$394.3M2018+255%2019: -$476.9M-$476.9M20192020: $494.6M$494.6M20202021: $681.1M$681.1M2021+38%
Fiscal year20142015201620172018201920202021
Revenue$1.6B4$1.2B5$939.8M6$1.2B7$1.2B8$1.1B2$2.0B2
Cost of revenue$1.3B4$622.3M2
Gross profit$341.5M5$176.0M6$402.8M7$423.0M8$408.8M2$1.3B2
Operating income$70.5M4-$46.0M6$151.5M7-$416.1M8$176.4M2$998.0M2
Interest$7.7M4$299.6M2
Income before tax$992.9M2
Income tax$51.0M4$311.8M2
Net income$31.8M4$106.6M5$110.9M6$394.3M7-$476.9M8$494.6M2$681.1M2
Earnings per share$2.022$2.612
Shares (weighted, basic)201.2M shares2

Compare TURQUOISE HILL RESOURCES LTD. with another company

Corporate structure

TURQUOISE HILL RESOURCES LTD. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of TURQUOISE HILL RESOURCES LTD.

  • TURQUOISE HILL RESOURCES LTD. Montreal, Canada

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What TURQUOISE HILL RESOURCES LTD. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, net$12.0B2 Dec 31, 2021$10.9B2 Dec 31, 2020+9.6%
Operating-lease assets (leased space)$12.5M2 Dec 31, 2021$4.2M2 Dec 31, 2020+196.7%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$694.3M2 Dec 31, 2021$1.1B2 Dec 31, 2020−38.2%

Inventory

ItemLatestA year beforeChange
Inventory, total$290.0M2 Dec 31, 2021$198.0M2 Dec 31, 2020+46.5%

Former names

  • IVANHOE MINES LTDApr 15, 2002 to Aug 9, 20123

Filings

106 filings to the SEC since October 2021: 2 annual reports, 19 large holders, 85 other. The latest 20:

  1. Dec 27, 202215-12G EDGAR
  2. Dec 21, 20226-K EDGAR
  3. Dec 16, 2022F-10POS EDGAR
  4. Dec 16, 2022SC 13E3/A EDGAR
  5. Dec 16, 2022SC 13D/A EDGAR
  6. Dec 16, 20226-K TURQUOISE HILL RESOURCES LTD. 6-K EDGAR
  7. Dec 14, 20226-K TURQUOISE HILL RESOURCES LTD. 6-K EDGAR
  8. Dec 9, 20226-K EDGAR
  9. Dec 9, 20226-K TURQUOISE HILL RESOURCES LTD. 6-K EDGAR
  10. Nov 25, 2022SC 13D/A EDGAR
  11. Nov 25, 2022SC 13E3/A EDGAR
  12. Nov 25, 20226-K TURQUOISE HILL RESOURCES LTD. 6-K EDGAR
  13. Nov 21, 2022SC 13D/A EDGAR
  14. Nov 21, 2022CORRESP EDGAR
  15. Nov 21, 2022CORRESP EDGAR
  16. Nov 21, 2022SC 13E3/A EDGAR
  17. Nov 18, 20226-K TURQUOISE HILL RESOURCES LTD. 6-K EDGAR
  18. Nov 17, 2022SC 13D/A EDGAR
  19. Nov 14, 20226-K EDGAR
  20. Nov 14, 20226-K TURQUOISE HILL RESOURCES LTD. 6-K EDGAR

The 106 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How TURQUOISE HILL RESOURCES LTD. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARTURQUOISE HILL RESOURCES LTD.1
  • CIK0001158041
  • Incorporated inYukon, Canada1
  • Fiscal year endsDecember 311
  • Industry code (SIC)1000 Metal Mining1
  • Business address1 Place Ville-Marie, Suite 3680, Montreal, A8 H3B 3P21
  • Phone514-848-15671
  • Shares outstanding201,231,446 as of Dec 31, 20212
  • On EDGAR sinceApr 15, 20021
  • Filings1,004 in all: 6-K (728), SC 13D/A (49), SC 13G/A (43), CORRESP (25), FWP (23), UPLOAD (23), 40-F (19), SC 13G (15)1
    All 34 form types

    IRANNOTICE (9), 40-F/A (7), REGDEX (7), F-X (6), S-8 (5), S-8 POS (5), SC 13E3/A (5), F-10 (4), F-10/A (4), F-X/A (4), SC 13D (4), CT ORDER (3), 8-A12B (2), CERTNYS (2), 15-12G (1), 25 (1), 25-NSE (1), 3 (1), 3/A (1), 40FR12G (1), 40FR12G/A (1), 6-K/A (1), 8-A12B/A (1), CERTNAS (1), F-10POS (1), SC 13E3 (1)

  • Latest filingsAnnual report (40-F) Mar 2, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11