Vinhomes JSC (STC:VHM) Construction In Progress: ₫97,043,207 Mil (As of Mar. 2026)


STC:VHM Vinhomes JSC STC:VHM
89 GF Score
Price ₫156,000.00
GF Value ₫110,832.99
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Vinhomes JSC Construction In Progress?

Vinhomes JSC STC:VHM 89 Construction In Progress is ₫97,043,207 Mil as of Mar. 2026. GuruFocus rates STC:VHM with a GF Score™ of 89/100 and a GF Value™ of ₫110,832.99 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Vinhomes JSC's quarterly construction in progress increased from Sep. 2025 (₫84,999,021 Mil) to Dec. 2025 (₫95,922,435 Mil) and increased from Dec. 2025 (₫95,922,435 Mil) to Mar. 2026 (₫97,043,207 Mil).

Vinhomes JSC's annual construction in progress increased from Dec. 2023 (₫60,790,104 Mil) to Dec. 2024 (₫129,990,475 Mil) but then declined from Dec. 2024 (₫129,990,475 Mil) to Dec. 2025 (₫95,922,435 Mil).

Vinhomes JSC Construction In Progress Historical Data

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The historical data trend for Vinhomes 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.

Vinhomes JSC Construction In Progress Chart

Vinhomes JSC Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only 45,032,886.00 50,683,336.00 60,790,104.00 129,990,475.00 95,922,435.00

Vinhomes JSC 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 83,199,793.00 81,776,296.00 84,999,021.00 95,922,435.00 97,043,207.00
STC:VHM
89GF Score
Vinhomes JSC STC:VHM
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Vinhomes 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 ₫97,043,207 Mil mean?
Vinhomes JSC (STC:VHM) has a Construction In Progress of ₫97,043,207 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Vinhomes JSC and its competitors.
Is Vinhomes JSC's Construction In Progress too high?
Vinhomes JSC's current Construction In Progress is ₫97,043,207 Mil. Overall, Vinhomes JSC has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vinhomes JSC's Construction In Progress compare to competitors?
Vinhomes JSC's Construction In Progress of ₫97,043,207 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 Vinhomes JSC and its competitors. Vinhomes JSC's current Construction In Progress is ₫97,043,207 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vinhomes JSC stock overvalued right now?
Based on GuruFocus' analysis, Vinhomes JSC (STC:VHM) is currently considered Significantly Overvalued. The stock's GF Value™ is ₫110,832.99, compared to a current price of ₫156,000.00 — trading 40.8% above its estimated fair value. The current Construction In Progress is ₫97,043,207 Mil. Vinhomes JSC's overall GF Score™ is 89/100 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 Vinhomes JSC (STC:VHM), the current Construction In Progress is ₫97,043,207 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 Vinhomes JSC (STC:VHM) Overvalued in 2026?

Based on GuruFocus' analysis, Vinhomes JSC stock appears to be overvalued. The current stock price of ₫156,000.00 is trading 40.8% above its estimated GF Value™ of ₫110,832.99. GuruFocus considers Vinhomes JSC to be Significantly Overvalued.

Key valuation signals for STC:VHM:

  • Construction In Progress: ₫97,043,207 Mil
  • GF Value™: ₫110,832.99 vs. price of ₫156,000.00 (40.8% above fair value)
  • GF Score™: 89/100 with 7 warning signs

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

Vinhomes JSC Business Description

Address Chu Huy Man Street, Vinhomes Riverside Area, Symphony Office Building, Phuc Loi Ward, Long Bien District, Hanoi, VNM
Vinhomes JSC is a real estate development company. The current principal activities of the Company are to develop real estate property for sale, provide leasing of offices, render real estate management and related services, provide general contractor services, consulting and designing construction services, supervision and construction management services. The company has following operating segments: Sales of inventory properties: include the transfer of properties being constructed for sale at the Company and its subsidiaries' real estate projects; Rendering consultancy and general construction contractor services: includes general contractor to investors; construction consultancy and supervision and related services; Other business activities.
89GF Score

Get the complete analysis for STC:VHM

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

₫156,000.00
Price
₫110,832.99
GF Value