Southern Alliance Mining
Market Cap
S$188.3m
Last Updated
2021/01/16 11:17 UTC
Data Sources
Company Financials
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
Rewards
Risk Analysis
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
| QNS | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.3% | 1.4% | 1.4% |
| 30 Day | 20.3% | 12.8% | 5.4% |
| 90 Day | 28.3% | 38.0% | 17.3% |
| 1 Year | n/a | 23.4%20.3% | -6.1%-10.9% |
| 3 Year | n/a | 2.2%-4.4% | -9.4%-20.5% |
| 5 Year | n/a | 11.4%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
- Examine whether Southern Alliance Mining is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Materials industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | no data | no data | 70.3% MYR 132.4m | |
| Independent Director | 0.75yr | no data | no data | |
| Non-Executive Non-Independent Chairman | 1yr | no data | 6.16% MYR 11.6m | |
| Lead Independent Director | 0.75yr | no data | no data | |
| Independent Director | 0.75yr | no data | no data | |
| Independent Director | 0.75yr | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| QNS | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Jun 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 11:17 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/07/31 |
| Annual Earnings | 2020/07/31 |
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.