Mieco Bhd (XKLS:5001) Construction In Progress: RM0.0 Mil (As of Mar. 2026)


XKLS:5001 Mieco Bhd XKLS:5001
29 GF Score
Price RM0.63
GF Value RM0.57
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Mieco Bhd Construction In Progress?

Mieco Bhd XKLS:5001 -2.33% 29 Construction In Progress is RM0.0 Mil as of Mar. 2026. GuruFocus rates XKLS:5001 with a GF Score™ of 29/100 and a GF Value™ of RM0.57 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Mieco Bhd's quarterly construction in progress increased from Sep. 2025 (RM0.0 Mil) to Dec. 2025 (RM7.3 Mil) but then declined from Dec. 2025 (RM7.3 Mil) to Mar. 2026 (RM0.0 Mil).

Mieco Bhd's annual construction in progress increased from Dec. 2023 (RM5.3 Mil) to Dec. 2024 (RM7.3 Mil) but then stayed the same from Dec. 2024 (RM7.3 Mil) to Dec. 2025 (RM7.3 Mil).


Mieco Bhd Construction In Progress Historical Data

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The historical data trend for Mieco Bhd'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.

Mieco Bhd Construction In Progress Chart

Mieco Bhd 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 2.99 1.02 5.25 7.28 7.28

Mieco Bhd 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 0.00 0.00 0.00 7.28 0.00
XKLS:5001
29GF Score
Mieco Bhd XKLS:5001
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Mieco Bhd 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 RM0.0 Mil mean?
Mieco Bhd (XKLS:5001) has a Construction In Progress of RM0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Mieco Bhd and its competitors.
Is Mieco Bhd's Construction In Progress too high?
Mieco Bhd's current Construction In Progress is RM0.0 Mil. Overall, Mieco Bhd has a GF Score™ of 29/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mieco Bhd's Construction In Progress compare to SSD and UFPI?
Mieco Bhd's Construction In Progress of RM0.0 Mil can be compared against companies in the Forest Products 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 Forest Products company?
A good Construction In Progress depends on the Forest Products 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 Mieco Bhd and its competitors. Mieco Bhd's current Construction In Progress is RM0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mieco Bhd stock overvalued right now?
Based on GuruFocus' analysis, Mieco Bhd (XKLS:5001) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.57, compared to a current price of RM0.63 — trading 10.5% above its estimated fair value. The current Construction In Progress is RM0.0 Mil. Mieco Bhd's overall GF Score™ is 29/100 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 Mieco Bhd (XKLS:5001), the current Construction In Progress is RM0.0 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 Mieco Bhd (XKLS:5001) Overvalued in 2026?

Based on GuruFocus' analysis, Mieco Bhd stock appears to be overvalued. The current stock price of RM0.63 is trading 10.5% above its estimated GF Value™ of RM0.57. GuruFocus considers Mieco Bhd to be Modestly Overvalued.

Key valuation signals for XKLS:5001:

  • Construction In Progress: RM0.0 Mil
  • GF Value™: RM0.57 vs. price of RM0.63 (10.5% above fair value)
  • GF Score™: 29/100 with 6 warning signs

No single metric tells the full story. See the XKLS:5001 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mieco Bhd Business Description

Address No. 1, Block C, Jalan Indah 2/6, No. 1, Block C, Batu 11, Cheras, SGR, MYS, 43200
Mieco Bhd, formerly known as Mieco Chipboard Bhd, is engaged in investment holding and the provision of management services. Through its subsidiaries, the company engages in the manufacturing and marketing of chipboard-related products, particle boards, and medium-density fibre boards, as well as the manufacturing and trading of moulded timber, furniture products, and timber treatment processing. Its products include particleboard, MFC, HPL. EDGEPRO, Reforestation, MDF, Rubberwood raw material, and wooden furniture. The company operates within one segment, that is, manufacturing and sales of wood-based products. Geographical locations include Malaysia, Hong Kong and China, and Others.
29GF Score

Get the complete analysis for XKLS:5001

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

RM0.63
Price
RM0.57
GF Value