Alset (AEI) Construction in Progress (2019 - 2024)
Alset (AEI) posted quarterly Construction in Progress of $5.5 million for Q3 2024, up 1.32% year-over-year from $5.4 million in Q4 2023, and down 24.08% quarter-over-quarter from $7.2 million in Q2 2024.
Alset (AEI) Construction in Progress (2019 - 2024) Analysis & Trends
Alset (AEI) has reported Construction in Progress for 6 consecutive years, with $5.5 million the latest figure, recorded in Q3 2024.
- In Q3 2024, Construction in Progress rose 1.32% year-over-year to $5.5 million; the TTM figure through Sep 2024 stood at $5.5 million (up 1.32% YoY), while the FY2023 annual figure was $7.0 million, down 54.96% from the prior year.
- Construction in Progress eased to $5.5 million in Q3 2024 per AEI's latest filing, from $7.2 million in the prior quarter.
- Across five years, Construction in Progress topped out at $18.0 million in Q1 2023 and bottomed at $4.7 million in Q2 2023.
- Historically, Construction in Progress has averaged $8.9 million across 5 years, with a median of $7.4 million in 2021.
- Annual changes were most pronounced in 2023 — Construction in Progress jumped 145.76% — and 2024, when it tumbled 66.35%.
- Alset's Construction in Progress stood at $9.6 million in 2020, then fell by 10.15% to $8.6 million in 2021, then soared by 80.37% to $15.5 million in 2022, then sank by 54.96% to $7.0 million in 2023, then fell by 21.95% to $5.5 million in 2024.
- Business Quant data shows AEI's Construction in Progress at $5.5 million in Q3 2024, $7.2 million in Q2 2024, and $6.1 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Howard Hughes Holdings | 4.02 Bn | 4.02 Bn | 1.07 Bn | 1.07 Bn |
| 2 | Vesta Real Estate Corporation, S.A.B. de C.V | 2.92 Bn | 2.92 Bn | - | - |
| 3 | Century Communities | 1.99 Bn | 1.90 Bn | 190.18 Mn | - |
| 4 | Forestar | 1.48 Bn | 1.09 Bn | 84.10 Mn | - |
| 5 | Five Point Holdings | 389.61 Mn | 40.24 Mn | -23.72 Mn | - |
| 6 | Belpointe PREP | 186.28 Mn | 186.28 Mn | - | 57.92 Mn |
| 7 | Amrep | 124.06 Mn | 71.37 Mn | 4.41 Mn | - |
| 8 | Logistic Properties of the Americas | 105.87 Mn | 105.87 Mn | - | 767,443.00 |
| 9 | Smith Douglas Homes | 104.84 Mn | 90.64 Mn | 47.92 Mn | - |
| 10 | Alset | 61.26 Mn | 41.53 Mn | 83,877.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 5.45 Mn |
| Jun 30, 2024 | 7.18 Mn |
| Mar 31, 2024 | 6.05 Mn |
| Dec 31, 2023 | 6.98 Mn |
| Sep 30, 2023 | 5.38 Mn |
| Jun 30, 2023 | 4.66 Mn |
| Mar 31, 2023 | 17.99 Mn |
| Dec 31, 2022 | 15.51 Mn |
| Sep 30, 2022 | 12.16 Mn |
| Jun 30, 2022 | 9.37 Mn |
| Mar 31, 2022 | 7.32 Mn |
| Dec 31, 2021 | 8.60 Mn |
| Jun 30, 2021 | 6.50 Mn |
| Mar 31, 2021 | 7.47 Mn |
| Dec 31, 2020 | 9.57 Mn |
| Sep 30, 2020 | 12.30 Mn |
| Dec 31, 2019 | 9.60 Mn |