Quang Ninh Thermal power JSC (HSTC:QTP) Construction In Progress: ₫6,410 Mil (As of Mar. 2026)


HSTC:QTP Quang Ninh Thermal power JSC HSTC:QTP
64 GF Score
Price ₫11,800.00
GF Value ₫13,187.19
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Quang Ninh Thermal power JSC Construction In Progress?

Quang Ninh Thermal power JSC HSTC:QTP +2.61% 64 Construction In Progress is ₫6,410 Mil as of Mar. 2026. GuruFocus rates HSTC:QTP with a GF Score™ of 64/100 and a GF Value™ of ₫13,187.19 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Quang Ninh Thermal power JSC's quarterly construction in progress declined from Sep. 2025 (₫31,221 Mil) to Dec. 2025 (₫7,032 Mil) and declined from Dec. 2025 (₫7,032 Mil) to Mar. 2026 (₫6,410 Mil).

Quang Ninh Thermal power JSC's annual construction in progress declined from Dec. 2023 (₫9,262 Mil) to Dec. 2024 (₫8,781 Mil) and declined from Dec. 2024 (₫8,781 Mil) to Dec. 2025 (₫7,032 Mil).

Quang Ninh Thermal power JSC Construction In Progress Historical Data

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The historical data trend for Quang Ninh Thermal power JSC'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.

Quang Ninh Thermal power JSC Construction In Progress Chart

Quang Ninh Thermal power JSC Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
0.00 7,227.21 9,262.04 8,780.90 7,032.35

Quang Ninh Thermal power JSC Quarterly Data
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 0.00 7,797.68 31,220.57 7,032.35 6,409.56
HSTC:QTP
64GF Score
Quang Ninh Thermal power JSC HSTC:QTP
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Quang Ninh Thermal power JSC 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 ₫6,410 Mil mean?
Quang Ninh Thermal power JSC (HSTC:QTP) has a Construction In Progress of ₫6,410 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Quang Ninh Thermal power JSC and its competitors.
Is Quang Ninh Thermal power JSC's Construction In Progress too high?
Quang Ninh Thermal power JSC's current Construction In Progress is ₫6,410 Mil. Overall, Quang Ninh Thermal power JSC has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Quang Ninh Thermal power JSC's Construction In Progress compare to competitors?
Quang Ninh Thermal power JSC's Construction In Progress of ₫6,410 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Construction In Progress depends on the Utilities - Independent Power Producers 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 Quang Ninh Thermal power JSC and its competitors. Quang Ninh Thermal power JSC's current Construction In Progress is ₫6,410 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quang Ninh Thermal power JSC stock overvalued right now?
Based on GuruFocus' analysis, Quang Ninh Thermal power JSC (HSTC:QTP) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫13,187.19, compared to a current price of ₫11,800.00 — trading 10.5% below its estimated fair value. The current Construction In Progress is ₫6,410 Mil. Quang Ninh Thermal power JSC's overall GF Score™ is 64/100 with 2 warning signs to review. 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 Quang Ninh Thermal power JSC (HSTC:QTP), the current Construction In Progress is ₫6,410 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.

Is Quang Ninh Thermal power JSC (HSTC:QTP) Overvalued in 2026?

Based on GuruFocus' analysis, Quang Ninh Thermal power JSC stock appears to be undervalued. The current stock price of ₫11,800.00 is trading 10.5% below its estimated GF Value™ of ₫13,187.19. GuruFocus considers Quang Ninh Thermal power JSC to be Modestly Undervalued.

Key valuation signals for HSTC:QTP:

  • Construction In Progress: ₫6,410 Mil
  • GF Value™: ₫13,187.19 vs. price of ₫11,800.00 (10.5% below fair value)
  • GF Score™: 64/100 with 2 warning signs

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

Quang Ninh Thermal power JSC Business Description

Address Group 33 Area 5, Ha Khanh Ward, Quang Ninh Province, Ha Long City, VNM
Quang Ninh Thermal power JSC is engaged in the generation, transmission, and distribution of electricity.
64GF Score

Get the complete analysis for HSTC:QTP

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

₫11,800.00
Price
₫13,187.19
GF Value