SJMHF (SJM Holdings) Construction In Progress: $144 Mil (As of Dec. 2025)


SJMHF SJM Holdings Ltd SJMHF
36 GF Score
Price $0.19
GF Value $0.53
Valuation Possible Value Trap
! 4 Warning Signs
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What is SJM Holdings Construction In Progress?

SJM Holdings SJMHF 36 Construction In Progress is $144 Mil as of Dec. 2025. GuruFocus rates SJMHF with a GF Score™ of 36/100 and a GF Value™ of $0.53 (Possible Value Trap). The stock has 4 warning signs investors should review.

SJM Holdings's quarterly construction in progress declined from Jun. 2025 ($321 Mil) to Sep. 2025 ($0 Mil) but then increased from Sep. 2025 ($0 Mil) to Dec. 2025 ($144 Mil).

SJM Holdings's annual construction in progress increased from Dec. 2023 ($215 Mil) to Dec. 2024 ($359 Mil) but then declined from Dec. 2024 ($359 Mil) to Dec. 2025 ($144 Mil).

SJM Holdings Construction In Progress Historical Data

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The historical data trend for SJM Holdings'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.

SJM Holdings Construction In Progress Chart

SJM Holdings 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 1,072.52 666.30 215.24 359.12 144.23

SJM Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 359.12 320.78 0.00 144.23 0.00
SJMHF
36GF Score
SJM Holdings Ltd SJMHF
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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SJM Holdings 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 $144 Mil mean?
SJM Holdings (SJMHF) has a Construction In Progress of $144 Mil as of Dec. 2025. Construction in Progress records the amount of construction work that is not complete. View historical data on SJM Holdings and its competitors.
Is SJM Holdings' Construction In Progress too high?
SJM Holdings' current Construction In Progress is $144 Mil. Overall, SJM Holdings has a GF Score™ of 36/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does SJM Holdings' Construction In Progress compare to LVS and MGM?
SJM Holdings' Construction In Progress of $144 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure 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 SJM Holdings and its competitors. SJM Holdings's current Construction In Progress is $144 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SJM Holdings stock overvalued right now?
Based on GuruFocus' analysis, SJM Holdings (SJMHF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.53, compared to a current price of $0.19 — trading 64.2% below its estimated fair value. The current Construction In Progress is $144 Mil. SJM Holdings' overall GF Score™ is 36/100 with 4 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 SJM Holdings (SJMHF), the current Construction In Progress is $144 Mil as of Dec. 2025. 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 SJM Holdings (SJMHF) Overvalued in 2026?

Based on GuruFocus' analysis, SJM Holdings stock appears to be undervalued. The current stock price of $0.19 is trading 64.2% below its estimated GF Value™ of $0.53. GuruFocus considers SJM Holdings to be Possible Value Trap.

Key valuation signals for SJMHF:

  • Construction In Progress: $144 Mil
  • GF Value™: $0.53 vs. price of $0.19 (64.2% below fair value)
  • GF Score™: 36/100 with 4 warning signs

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

SJM Holdings Business Description

Address Nos. 168 - 200 Connaught Road Central, 18th Floor, China Merchants Tower, Shun Tak Centre, Hong Kong, HKG
SJM Holdings is one of six casino license holders in Macao. It operates Grand Lisboa casino in the peninsula and Grand Lisboa Palace in Cotai, as well as another three self-promoted casinos: Casino Lisboa, Oceanus at Jai Alai, and L'Arc Macau.
36GF Score

Get the complete analysis for SJMHF

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

$0.19
Price
$0.53
GF Value