SP New Energy (PHS:SPNEC) Construction In Progress: ₱8,669 Mil (As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.34
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What is SP New Energy Construction In Progress?

SP New Energy PHS:SPNEC +2.29% 33 Construction In Progress is ₱8,669 Mil as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's quarterly construction in progress increased from Mar. 2024 (₱6,400 Mil) to Jun. 2024 (₱7,528 Mil) and increased from Jun. 2024 (₱7,528 Mil) to Sep. 2024 (₱8,669 Mil).

SP New Energy's annual construction in progress stayed the same from Dec. 2020 (₱0 Mil) to Jun. 2022 (₱0 Mil) but then increased from Jun. 2022 (₱0 Mil) to Dec. 2023 (₱6,175 Mil).

SP New Energy Construction In Progress Historical Data

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The historical data trend for SP New Energy'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.

SP New Energy Construction In Progress Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Construction In Progress
Get a 7-Day Free Trial 34.93 0.00 0.00 0.00 6,175.24

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6,235.62 6,175.24 6,400.35 7,528.38 8,668.78
PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy 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 ₱8,669 Mil mean?
SP New Energy (PHS:SPNEC) has a Construction In Progress of ₱8,669 Mil as of Sep. 2024. Construction in Progress records the amount of construction work that is not complete. View historical data on SP New Energy and its competitors.
Is SP New Energy's Construction In Progress too high?
SP New Energy's current Construction In Progress is ₱8,669 Mil. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Construction In Progress compare to CEG?
SP New Energy's Construction In Progress of ₱8,669 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 SP New Energy and its competitors. SP New Energy's current Construction In Progress is ₱8,669 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Construction In Progress of ₱8,669 Mil. The current Construction In Progress is ₱8,669 Mil. SP New Energy's overall GF Score™ is 33/100. 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 SP New Energy (PHS:SPNEC), the current Construction In Progress is ₱8,669 Mil as of Sep. 2024. 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.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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

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