Southern Alliance Mining (SGX:QNS) Inventories, Work In Process: S$0.00 Mil (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SGX:QNS Southern Alliance Mining Ltd SGX:QNS
46 GF Score
Price S$0.41
GF Value S$0.84
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Southern Alliance Mining Inventories, Work In Process?

Southern Alliance Mining SGX:QNS 46 Inventories, Work In Process is S$0.00 Mil as of Jan. 2026. GuruFocus rates SGX:QNS with a GF Score™ of 46/100 and a GF Value™ of S$0.84 (Possible Value Trap). The stock has 3 warning signs investors should review.

Work in process is the part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. Southern Alliance Mining's work in process for the quarter that ended in Jan. 2026 was S$0.00 Mil.

Southern Alliance Mining Inventories, Work In Process Historical Data

* Premium members only.

The historical data trend for Southern Alliance Mining's Inventories, Work In Process can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Southern Alliance Mining Inventories, Work In Process Chart

Southern Alliance Mining Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Inventories, Work In Process
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Southern Alliance Mining Semi-Annual Data
Jul17 Jul18 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Inventories, Work In Process Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
SGX:QNS
46GF Score
Southern Alliance Mining Ltd SGX:QNS
Inventories, Work In Process is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Southern Alliance Mining Inventories, Work In Process Calculation

That part of a manufacturer's inventory that is in the production process and has not yet been completed and transferred to the finished goods inventory. This account contains the cost of the direct material, direct labor, and factory overhead placed into the products on the factory floor. A manufacturer must disclose in its financial statements the cost of its work-in-process as well as the cost of finished goods and materials on hand.

What does a Inventories, Work In Process of S$0.00 Mil mean?
Southern Alliance Mining (SGX:QNS) has a Inventories, Work In Process of S$0.00 Mil as of Jan. 2026. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Southern Alliance Mining and its competitors.
Is Southern Alliance Mining's Inventories, Work In Process too high?
Southern Alliance Mining's current Inventories, Work In Process is S$0.00 Mil. Overall, Southern Alliance Mining has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Southern Alliance Mining's Inventories, Work In Process compare to NUE and STLD?
Southern Alliance Mining's Inventories, Work In Process of S$0.00 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventories, Work In Process for a Steel company?
A good Inventories, Work In Process depends on the Steel industry context. However, Inventories, Work In Process should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventories, Work In Process mean?
A high Inventories, Work In Process can signal that a stock is expensive relative to its fundamentals. Work in progress is the portion of inventory containing goods that are unfinished. View historical data on Southern Alliance Mining and its competitors. Southern Alliance Mining's current Inventories, Work In Process is S$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Alliance Mining stock overvalued right now?
Based on GuruFocus' analysis, Southern Alliance Mining (SGX:QNS) is currently considered Possible Value Trap. The stock's GF Value™ is S$0.84, compared to a current price of S$0.41 — trading 51.8% below its estimated fair value. The current Inventories, Work In Process is S$0.00 Mil. Southern Alliance Mining's overall GF Score™ is 46/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventories, Work In Process calculated?
Inventories, Work In Process is calculated from a company's financial statements. For Southern Alliance Mining (SGX:QNS), the current Inventories, Work In Process is S$0.00 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Southern Alliance Mining (SGX:QNS) Overvalued in 2026?

Based on GuruFocus' analysis, Southern Alliance Mining stock appears to be undervalued. The current stock price of S$0.41 is trading 51.8% below its estimated GF Value™ of S$0.84. GuruFocus considers Southern Alliance Mining to be Possible Value Trap.

Key valuation signals for SGX:QNS:

  • Inventories, Work In Process: S$0.00 Mil
  • GF Value™: S$0.84 vs. price of S$0.41 (51.8% below fair value)
  • GF Score™: 46/100 with 3 warning signs

No single metric tells the full story. See the SGX:QNS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Southern Alliance Mining Business Description

Address Jalan Putra Square 6, Level 8, Menara Zenith, Putra Square, Kuantan, PHG, MYS, 25200
Southern Alliance Mining Ltd is engaged in the exploration, mining, and processing of iron ore for subsequent sale. The principal activities of the company are those of investment holding and provision of management services. The company mines, produces, and sells iron ore, which includes processed iron ore concentrate typically sold to steel mills or traders, and crushed iron ore that is used as a pipe coating material. It mines at the Chaah mine, an open-pit mine located in the southwest of the township of Chaah.
46GF Score

Get the complete analysis for SGX:QNS

Inventories, Work In Process is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

S$0.41
Price
S$0.84
GF Value