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Southern Alliance Mining

Executive Summary

Southern Alliance Mining Ltd., an investment holding company, engages in the exploration, mining, processing, and sale of iron ore in Malaysia. More Details


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: QNS is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: Insufficient data to determine QNS's volatility change over the past year.


Market Performance


7 Day Return

-1.3%

QNS

1.4%

SG Metals and Mining

1.4%

SG Market


1 Year Return

n/a

QNS

20.3%

SG Metals and Mining

-10.9%

SG Market

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

Return vs Market: Insufficient data to determine how QNS performed against the SG Market.


Shareholder returns

QNSIndustryMarket
7 Day-1.3%1.4%1.4%
30 Day20.3%12.8%5.4%
90 Day28.3%38.0%17.3%
1 Yearn/a23.4%20.3%-6.1%-10.9%
3 Yearn/a2.2%-4.4%-9.4%-20.5%
5 Yearn/a11.4%1.9%27.3%3.9%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: QNS (SGD0.39) is trading below our estimate of fair value (SGD4.64)

Significantly Below Fair Value: QNS is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: QNS is good value based on its PE Ratio (9.2x) compared to the SG Metals and Mining industry average (13.7x).

PE vs Market: QNS is good value based on its PE Ratio (9.2x) compared to the SG market (15.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: QNS is overvalued based on its PB Ratio (2.5x) compared to the SG Metals and Mining industry average (2.3x).


Next Steps

Future Growth

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

33.3%

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 Southern Alliance 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 Southern Alliance Mining performed over the past 5 years?

-29.8%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: QNS has high quality earnings.

Growing Profit Margin: QNS's current net profit margins (24.4%) are lower than last year (46.6%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if QNS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: QNS's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: QNS had negative earnings growth (-29.8%) over the past year, making it difficult to compare to the Metals and Mining industry average (-10.2%).


Return on Equity

High ROE: QNS's Return on Equity (27.3%) is considered high.


Next Steps

Financial Health

How is Southern Alliance Mining's financial position?


Financial Position Analysis

Short Term Liabilities: QNS's short term assets (MYR188.0M) exceed its short term liabilities (MYR23.7M).

Long Term Liabilities: QNS's short term assets (MYR188.0M) exceed its long term liabilities (MYR3.9M).


Debt to Equity History and Analysis

Debt Level: QNS is debt free.

Reducing Debt: QNS had no debt 5 years ago.

Debt Coverage: QNS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: QNS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

1.56%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: QNS's dividend (1.56%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (2.15%).

High Dividend: QNS's dividend (1.56%) is low compared to the top 25% of dividend payers in the SG market (5.04%).


Stability and Growth of Payments

Stable Dividend: Too early to tell whether QNS's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if QNS's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (14.5%), QNS's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

0.8yrs

Average board tenure


CEO

Kok Sam Pek (52 yo)

no data

Tenure

Dato’ Sri Kok Sam Pek serves as CEO and Executive Director at Southern Alliance Mining Ltd. He is one of the founders of Group and serves as a director since September 19, 2019. His responsibilities includ...


Board Members

NamePositionTenureCompensationOwnership
Kok Sam Pek
CEO & Executive Directorno datano data70.3%
MYR 132.4m
Chee Choon Chin
Independent Director0.75yrno datano data
Teck Tee Teh
Non-Executive Non-Independent Chairman1yrno data6.16%
MYR 11.6m
Mohd Jamidan Bin Abdullah
Lead Independent Director0.75yrno datano data
Jacob Goldie Gainneos
Independent Director0.75yrno datano data
Chin Hoe Sim
Independent Director0.75yrno datano data

0.8yrs

Average Tenure

57yo

Average Age

Experienced Board: QNS's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.


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: QNS only recently listed within the past 12 months.


Top Shareholders

Company Information

Southern Alliance Mining Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Southern Alliance Mining Ltd.
  • Ticker: QNS
  • Exchange: Catalist
  • Founded: 2019
  • Industry: Steel
  • Sector: Materials
  • Market Cap: S$188.265m
  • Shares outstanding: 489.00m
  • Website: https://www.saminingltd.com

Number of Employees


Location

  • Southern Alliance Mining Ltd.
  • Menara Zenith
  • Level 8
  • Kuantan
  • Pahang
  • 25200
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
QNSCatalist (Singapore Exchange Catalist Market)YesOrdinary SharesSGSGDJun 2020

Biography

Southern Alliance Mining Ltd., an investment holding company, engages in the exploration, mining, processing, and sale of iron ore in Malaysia. The company’s iron ore products include processed iron ore co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 11:17
End of Day Share Price2021/01/15 00:00
Earnings2020/07/31
Annual Earnings2020/07/31


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.