ASX:SMG

Stock Analysis Report

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Executive Summary

Soon Mining Limited explores for and develops mineral properties. More Details


Snowflake Analysis

Worrying balance sheet with weak fundamentals.

Share Price & News

How has Soon Mining's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SMG has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

SMG

-0.5%

AU Metals and Mining

-0.8%

AU Market


1 Year Return

n/a

SMG

8.6%

AU Metals and Mining

-12.4%

AU Market

Return vs Industry: Insufficient data to determine how SMG performed against the Australian Metals and Mining industry.

Return vs Market: Insufficient data to determine how SMG performed against the Australian Market.


Shareholder returns

SMGIndustryMarket
7 Dayn/a-0.5%-0.8%
30 Dayn/a-1.9%-3.8%
90 Dayn/a9.3%0.3%
1 Yearn/a13.7%8.6%-9.2%-12.4%
3 Year50.0%50.0%68.1%44.9%16.4%1.5%
5 Yearn/a151.3%103.5%41.7%12.0%

Price Volatility Vs. Market

How volatile is Soon Mining's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Soon Mining undervalued compared to its fair value and its price relative to the market?

573.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SMG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SMG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SMG is unprofitable, so we can't compare its PE Ratio to the AU Metals and Mining industry average.

PE vs Market: SMG is unprofitable, so we can't compare its PE Ratio to the Australian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SMG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SMG is overvalued based on its PB Ratio (573.2x) compared to the AU Metals and Mining industry average (2.3x).


Next Steps

Future Growth

How is Soon Mining forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

3.0%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Soon Mining has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Soon Mining performed over the past 5 years?

-6.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SMG is currently unprofitable.

Growing Profit Margin: SMG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: SMG is unprofitable, and losses have increased over the past 5 years at a rate of 6.1% per year.

Accelerating Growth: Unable to compare SMG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: SMG is unprofitable, making it difficult to compare its past year earnings growth to the Metals and Mining industry (14.4%).


Return on Equity

High ROE: SMG has a negative Return on Equity (-1753.8%), as it is currently unprofitable.


Next Steps

Financial Health

How is Soon Mining's financial position?


Financial Position Analysis

Short Term Liabilities: SMG's short term assets (A$52.3K) do not cover its short term liabilities (A$1.3M).

Long Term Liabilities: SMG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SMG's debt to equity ratio (753%) is considered high.

Reducing Debt: Insufficient data to determine if SMG's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: SMG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: SMG has less than a year of cash runway if free cash flow continues to grow at historical rates of 11.3% each year.


Next Steps

Dividend

What is Soon Mining current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate SMG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate SMG's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if SMG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if SMG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SMG's dividend in 3 years as they are not forecast to pay a notable one for the Australian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average management tenure


CEO

Oscard Huang

5.67yrs

Tenure

AU$165,715

Compensation

Mr. Ching-Tiem Huang, also known as Oscard, has been Chairman and Managing Director at Soon Mining Limited and its Executive Director since January 12, 2015. Mr. Huang is the Founder and Managing Director ...


CEO Compensation Analysis

Compensation vs Market: Oscard's total compensation ($USD119.42K) is below average for companies of similar size in the Australian market ($USD278.79K).

Compensation vs Earnings: Oscard's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Ching-Tiem Huang
Chairman & MD5.67yrsAU$165.72k2.37%
A$ 675.0k
Ching-Ling Chi
CFO & Executive Director5.67yrsAU$149.20kno data
Jiahui Thum
Consultant1yrAU$29.70k0.0063%
A$ 1.8k
Frederic Ferges
Company Secretary & Non-Executive Director0.92yrAU$7.30kno data

3.3yrs

Average Tenure

Experienced Management: SMG's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ching-Tiem Huang
Chairman & MD5.67yrsAU$165.72k2.37%
A$ 675.0k
Ching-Ling Chi
CFO & Executive Director5.67yrsAU$149.20kno data
Frederic Ferges
Company Secretary & Non-Executive Director0.92yrAU$7.30kno data

5.7yrs

Average Tenure

Experienced Board: SMG's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Soon Mining Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Soon Mining Limited
  • Ticker: SMG
  • Exchange: ASX
  • Founded: 2015
  • Industry: Gold
  • Sector: Materials
  • Market Cap: AU$28.480m
  • Shares outstanding: 158.22m
  • Website: https://www.soonmining.com

Location

  • Soon Mining Limited
  • 33 Queen Street
  • Suite 1A
  • Brisbane
  • Queensland
  • 4000
  • Australia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SMGASX (Australian Securities Exchange)YesOrdinary SharesAUAUDMar 2016

Biography

Soon Mining Limited explores for and develops mineral properties. The company primarily explores for gold deposits. It holds interests in the Kwahu Praso gold concession located in the Eastern region of Gh ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 19:09
End of Day Share Price2020/09/18 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.