Song Da (HSTC:SJG) Construction In Progress: ₫114,639 Mil (As of Mar. 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.
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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.

HSTC:SJG Song Da Corp HSTC:SJG
72 GF Score
Price ₫24,000.00
GF Value ₫20,274.99
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Song Da Construction In Progress?

Song Da HSTC:SJG 72 Construction In Progress is ₫114,639 Mil as of Mar. 2026. GuruFocus rates HSTC:SJG with a GF Score™ of 72/100 and a GF Value™ of ₫20,274.99 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Song Da's quarterly construction in progress increased from Sep. 2025 (₫162,639 Mil) to Dec. 2025 (₫164,185 Mil) but then declined from Dec. 2025 (₫164,185 Mil) to Mar. 2026 (₫114,639 Mil).

Song Da's annual construction in progress increased from Dec. 2023 (₫159,528 Mil) to Dec. 2024 (₫215,346 Mil) but then declined from Dec. 2024 (₫215,346 Mil) to Dec. 2025 (₫164,185 Mil).

Song Da Construction In Progress Historical Data

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The historical data trend for Song Da'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.

Song Da Construction In Progress Chart

Song Da Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 131,872.11 0.00 159,528.20 215,345.57 164,185.19

Song Da Quarterly Data
Dec20 Jun21 Sep21 Dec21 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 201,864.26 208,992.43 162,639.36 164,185.19 114,639.25
HSTC:SJG
72GF Score
Song Da Corp HSTC:SJG
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Song Da 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 ₫114,639 Mil mean?
Song Da (HSTC:SJG) has a Construction In Progress of ₫114,639 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Song Da and its competitors.
Is Song Da's Construction In Progress too high?
Song Da's current Construction In Progress is ₫114,639 Mil. Overall, Song Da has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Song Da's Construction In Progress compare to HON and MMM?
Song Da's Construction In Progress of ₫114,639 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Construction In Progress depends on the Conglomerates 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 Song Da and its competitors. Song Da's current Construction In Progress is ₫114,639 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Song Da stock overvalued right now?
Based on GuruFocus' analysis, Song Da (HSTC:SJG) is currently considered Modestly Overvalued. The stock's GF Value™ is ₫20,274.99, compared to a current price of ₫24,000.00 — trading 18.4% above its estimated fair value. The current Construction In Progress is ₫114,639 Mil. Song Da's overall GF Score™ is 72/100 with 7 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 Song Da (HSTC:SJG), the current Construction In Progress is ₫114,639 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 Song Da (HSTC:SJG) Overvalued in 2026?

Based on GuruFocus' analysis, Song Da stock appears to be overvalued. The current stock price of ₫24,000.00 is trading 18.4% above its estimated GF Value™ of ₫20,274.99. GuruFocus considers Song Da to be Modestly Overvalued.

Key valuation signals for HSTC:SJG:

  • Construction In Progress: ₫114,639 Mil
  • GF Value™: ₫20,274.99 vs. price of ₫24,000.00 (18.4% above fair value)
  • GF Score™: 72/100 with 7 warning signs

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

Song Da Business Description

Address No. 493 Nguyen Trai street, G10 building, Thanh Xuan Nam ward, Thanh Nam district, Hanoi, VNM
Song Da Corp is engaged in business include: production and trading of electricity, construction, installation and trading of real estate. It also includes activities such as General contractor for construction (EPC general contractor) and construction and installation of traffic, industrial, civil, electricity, irrigation, complex underground works; Construction and foundation treatment of works; Construction of houses of all kinds; Trading in commercial electricity; Manufacturing and trading in equipment, Construction materials; Manufacture and install industrial equipment and machinery; Investment, development and business in urban areas, industrial parks and economic zones; Renting office. The company's segments include: Industrial production Construction installation and Others.
72GF Score

Get the complete analysis for HSTC:SJG

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

₫24,000.00
Price
₫20,274.99
GF Value