Country Group Development PCL (BKK:CGD) Construction In Progress: ฿15.9 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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What is Country Group Development PCL Construction In Progress?

Country Group Development PCL BKK:CGD +10.00% Construction In Progress is ฿15.9 Mil as of Mar. 2026. The stock has 6 warning signs investors should review.

Country Group Development PCL's quarterly construction in progress increased from Sep. 2025 (฿0.0 Mil) to Dec. 2025 (฿2,083.8 Mil) but then declined from Dec. 2025 (฿2,083.8 Mil) to Mar. 2026 (฿15.9 Mil).

Country Group Development PCL's annual construction in progress increased from Dec. 2023 (฿385.5 Mil) to Dec. 2024 (฿1,451.4 Mil) and increased from Dec. 2024 (฿1,451.4 Mil) to Dec. 2025 (฿2,083.8 Mil).

Country Group Development PCL Construction In Progress Historical Data

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The historical data trend for Country Group Development PCL'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.

Country Group Development PCL Construction In Progress Chart

Country Group Development PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 307.92 167.38 385.49 1,451.44 2,083.82

Country Group Development PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 2,083.82 15.93

Country Group Development PCL 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.

What does a Construction In Progress of ฿15.9 Mil mean?
Country Group Development PCL (BKK:CGD) has a Construction In Progress of ฿15.9 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Country Group Development PCL and its competitors.
Is Country Group Development PCL's Construction In Progress too high?
Country Group Development PCL's current Construction In Progress is ฿15.9 Mil.
How does Country Group Development PCL's Construction In Progress compare to competitors?
Country Group Development PCL's Construction In Progress of ฿15.9 Mil can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Real Estate company?
A good Construction In Progress depends on the Real Estate industry context. However, Construction In Progress 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 Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Country Group Development PCL and its competitors. Country Group Development PCL's current Construction In Progress is ฿15.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Country Group Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Country Group Development PCL (BKK:CGD) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿0.03, compared to a current price of ฿0.11 — trading 266.7% above its estimated fair value. The current Construction In Progress is ฿15.9 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Country Group Development PCL (BKK:CGD), the current Construction In Progress is ฿15.9 Mil as of Mar. 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.

Country Group Development PCL Business Description

Address Ploenchit Road, Lumpini, 898 Ploenchit Tower, 20th floor, PathumWan, Bangkok, THA, 10330
Country Group Development PCL is a holding company investing in real estate. It operates in the business segments of Real estate development and investment property. The company's project includes Elements Srinakarin, Four Seasons private residences, Four Seasons Hotel, Capella, Anchorage Point, Rama III Residence, Chao Phraya Estate Project, and others. The firm derives its revenue from the Real estate development segment.