SM Investments (PHS:SM) Construction In Progress : ₱6,124 Mil (As of Dec. 2023)

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What is SM Investments Construction In Progress?

SM Investments's quarterly construction in progress increased from Jun. 2023 (₱3,752 Mil) to Sep. 2023 (₱4,105 Mil) and increased from Sep. 2023 (₱4,105 Mil) to Dec. 2023 (₱6,124 Mil).

SM Investments's annual construction in progress declined from Dec. 2021 (₱4,968 Mil) to Dec. 2022 (₱4,771 Mil) but then increased from Dec. 2022 (₱4,771 Mil) to Dec. 2023 (₱6,124 Mil).

SM Investments Construction In Progress Historical Data

The historical data trend for SM Investments's Construction In Progress 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.

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SM Investments Construction In Progress Chart

SM Investments Annual Data

Trend

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Dec23

Construction In Progress

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2,718.92

4,968.38

4,771.17

6,123.95

SM Investments Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress	Get a 7-Day Free Trial															4,771.17	4,342.25	3,752.03	4,105.13	6,123.95

SM Investments Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

SM Investments (PHS:SM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » SM Investments Corp (PHS:SM) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

SVTMF:USA

Address

OneE-Com Center, Harbor Drive, Mall of Asia Complex, CBP-1A, 10th Floor, Pasay, PHL, 1300

Website

https://www.sminvestments.com

SM Investments Corp is a Philippines conglomerate with operations in retail, banking, and property. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, food, and other merchandise.