Sao Mai Group (STC:ASM) Construction In Progress: ₫1,504,168 Mil (As of Mar. 2026)


STC:ASM Sao Mai Group Corp STC:ASM
71 GF Score
Price ₫6,010.00
GF Value ₫7,031.49
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Sao Mai Group Construction In Progress?

Sao Mai Group STC:ASM +0.17% 71 Construction In Progress is ₫1,504,168 Mil as of Mar. 2026. GuruFocus rates STC:ASM with a GF Score™ of 71/100 and a GF Value™ of ₫7,031.49 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Sao Mai Group's quarterly construction in progress increased from Sep. 2025 (₫1,171,119 Mil) to Dec. 2025 (₫1,263,524 Mil) and increased from Dec. 2025 (₫1,263,524 Mil) to Mar. 2026 (₫1,504,168 Mil).

Sao Mai Group's annual construction in progress increased from Dec. 2023 (₫1,020,716 Mil) to Dec. 2024 (₫1,373,371 Mil) but then declined from Dec. 2024 (₫1,373,371 Mil) to Dec. 2025 (₫1,263,524 Mil).

Sao Mai Group Construction In Progress Historical Data

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The historical data trend for Sao Mai Group'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.

Sao Mai Group Construction In Progress Chart

Sao Mai Group 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 885,216.11 1,144,324.78 1,020,715.64 1,373,371.01 1,263,523.57

Sao Mai Group 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 1,404,511.51 1,200,844.15 1,171,118.93 1,263,523.57 1,504,168.26
STC:ASM
71GF Score
Sao Mai Group Corp STC:ASM
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Sao Mai Group 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 ₫1,504,168 Mil mean?
Sao Mai Group (STC:ASM) has a Construction In Progress of ₫1,504,168 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sao Mai Group and its competitors.
Is Sao Mai Group's Construction In Progress too high?
Sao Mai Group's current Construction In Progress is ₫1,504,168 Mil. Overall, Sao Mai Group has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sao Mai Group's Construction In Progress compare to CBRE and BEKE?
Sao Mai Group's Construction In Progress of ₫1,504,168 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 Sao Mai Group and its competitors. Sao Mai Group's current Construction In Progress is ₫1,504,168 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Mai Group stock overvalued right now?
Based on GuruFocus' analysis, Sao Mai Group (STC:ASM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₫7,031.49, compared to a current price of ₫6,010.00 — trading 14.5% below its estimated fair value. The current Construction In Progress is ₫1,504,168 Mil. Sao Mai Group's overall GF Score™ is 71/100 with 6 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 Sao Mai Group (STC:ASM), the current Construction In Progress is ₫1,504,168 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 Sao Mai Group (STC:ASM) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Mai Group stock appears to be undervalued. The current stock price of ₫6,010.00 is trading 14.5% below its estimated GF Value™ of ₫7,031.49. GuruFocus considers Sao Mai Group to be Modestly Undervalued.

Key valuation signals for STC:ASM:

  • Construction In Progress: ₫1,504,168 Mil
  • GF Value™: ₫7,031.49 vs. price of ₫6,010.00 (14.5% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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

Sao Mai Group Business Description

Address Number 326 Hung Vuong Street, My Long Ward, An Giang, Long Xuyen City, VNM
Sao Mai Group Corp is a company engaged in the real estate sector. It develops urban zones, residential areas and resorts, as well as leases houses and offices. It is also engaged in investment in the infrastructure business, residential area, urban area, industrial zone.
71GF Score

Get the complete analysis for STC:ASM

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

₫6,010.00
Price
₫7,031.49
GF Value