Thai delegation explores investment opportunities in Kratie Province
| CSX Stocks |
CSX Index
| Value | 1D % Chg | 1D Vol | Mkt Cap (KHR'bn) |
| 452.21 | -0.30 | 49,937 | 12,129 |
Stock Performance
| Stock | Close (KHR) | 1D chg (%) | MTD chg (%) | YTD chg (%) | 1M high (KHR) | 1M low (KHR) | MTD vol (shr) | Mkt cap (KHR'bn) |
| PWSA | 7,240 | 0.00 | -0.28 | -0.55 | 7,280 | 7,180 | 5,788 | 630 |
| GTI | 2,560 | -3.40 | -5.88 | -9.86 | 2,790 | 2,560 | 6,741 | 102 |
| PPAP | 13,180 | -0.15 | -0.30 | -5.86 | 13,780 | 13,160 | 850 | 273 |
| PPSP | 2,080 | 0.00 | 0.48 | -4.59 | 2,110 | 2,070 | 3,943 | 150 |
| PAS | 12,360 | 0.00 | -0.16 | -1.75 | 12,540 | 12,300 | 1,929 | 1,060 |
| ABC | 9,580 | -0.21 | -0.83 | -4.77 | 9,800 | 9,580 | 135,277 | 4,150 |
| PEPC | 2,350 | -2.49 | -1.67 | -14.23 | 2,700 | 2,350 | 269 | 176 |
| MJQE | 2,070 | 0.00 | 0.00 | -2.82 | 2,090 | 2,060 | 45,317 | 671 |
| CGSM | 2,510 | -0.40 | -1.57 | -4.56 | 2,600 | 2,510 | 24,952 | 4,918 |
| DBDE | 2,110 | -0.47 | 0.96 | -1.40 | 2,140 | 2,090 | 3,077 | 39 |
| JSL | 3,930 | -0.51 | -0.76 | -10.68 | 4,000 | 3,810 | 106 | 101 |
| 1D = 1 Day; 1M= 1 Month; MTD = Month-To-Date; YTD = Year-To-Date; Chg = Change; Vol = Volume; shr = share; Mkt cap = Market capitalization | ||||||||
Valuation Ratios
| EPS | BPS* | P/E | P/B | P/S | EV/EBITDA | ||
| ttm,mrq | (ttm,KHR) | KHR | (ttm,x) | (mrq,x) | (ttm,x) | (ttm,x) | |
| PPWSA* | 2Q23 | 1,382 | 15,172 | 5.24 | 0.48 | 1.09 | 5.52 |
| GTI | 2Q23 | 95 | 7,181 | 26.82 | 0.36 | 0.28 | 10.83 |
| PPAP* | 2Q23 | 2,412 | 38,041 | 5.46 | 0.35 | 1.95 | 4.76 |
| PPSP | 2Q23 | 489 | 3,576 | 4.26 | 0.58 | 0.65 | 3.75 |
| PAS* | 2Q23 | 1,191 | 11,029 | 10.38 | 1.12 | 3.19 | 8.12 |
| ABC | 2Q23 | 1,608 | 12,485 | 5.96 | 0.77 | 1.28 | NA |
| PEPC** | 2Q23 | -312 | 1,220 | NA | 1.93 | 2.21 | 31.77 |
| MJQE | 2Q23 | 29 | 289 | 71.85 | 7.15 | 5.46 | 17.20 |
| CGSM | 2Q23 | 98 | 392 | 25.72 | 6.40 | 6.31 | 15.10 |
| JSL | 2Q23 | -239 | 185 | NA | 21.19 | NA | NA |
| DBDE | 2Q23 | 76 | 1,919 | 27.88 | 1.10 | 0.52 | 11.52 |
| NOTE: ttm= trailing-twelve months; mrq = most recent quarter; *Excluding equity of non-common shares for PPWSA, PPAP and PAS; **FY ending in June | |||||||
| Corporate Bonds |
Trading Summary
| Bond Symbol | Trading Vol (Units) | Trading Val (KHR'mn) | Latest Yield | Credit Rating | Bond Feature | Coupon Rate (%) | Days to Maturity |
| CGSM33A | 0 | 0.0 | - - | KhAAA | Sustainability | Floating* | 3,512 |
| CIAF28A | 0 | 0.0 | - - | KhAAA | N/A | 6.30% | 1,716 |
| GT27A | 0 | 0.0 | - - | N/A | Plain , Green | 7.00% | 1,341 |
| RMAC25A | 0 | 0.0 | - - | N/A | Guaranteed | 5.50% | 370 |
| RRC32A | 0 | 0.0 | - - | N/A | Plain | 7.00% | 3,111 |
| RRGO27A | 0 | 0.0 | - - | KhAAA | Guaranteed | Floating** | 1,358 |
| RRGT32B | 0 | 0.0 | - - | KhAAA | Guaranteed | Floating*** | 3,185 |
| TCT26A | 0 | 0.0 | - - | N/A | Plain | 4.50% | 873 |
| TCT28A | 0 | 0.0 | - - | KhAAA | FX-Linked | Floating**** | 1,730 |
| *SOFR +3% or 5.5% , whichever is higher; **SOFR+3,5% or 5% (take which one is higher);***SOFR+3,5% or 5% (take which one is higher) and Year 6 to Year 10: SOFR+3,75% or 5% (take which one is higher);****Term SOFR + 2.5% | |||||||
| Government Bonds |
Historical Issuance Summary
| 1 Y | 2 Y | 3 Y | 10 Y | 15 Y | |
| Total issuance ('K units) | 170.1 | 292.0 | 22.0 | - | - |
| Outstanding (KHR'bn) | 74.0 | 292.0 | 22.0 | - | - |
| Issuance ('K units, Latest) | 22.0 | 140.0 | 6.0 | - | - |
| Coupon rate (Latest) | 3.50% | 4.50% | 4.50% | - | - |
| Successful yield (Latest) | 3.85% | 5.13% | 4.75% | - | - |
| Latest bidding | 24-Jan-24 | 20-Mar-24 | 20-Dec-23 | - | - |
| *Total issuance is the accumulated issuance since September 2022; **Outstanding is aggregate principal value of government that remain outstanding; ***Successful yield: mid yields are shown if multiple price auction method was adopted. | |||||
| News Highlights |
Stock Market
CSX index declines slightly on April 04, 2024 On April 04, 2024, the CSX index concluded at 452.2 points, marking a marginal decline of 0.30% compared to the previous day's close. Market activity on the main board presented a mixed picture, with no gains observed. However, notable declines were recorded for GTI (-3.40%), PEPC (-2.49%), CGSM (-0.40%), ABC (-0.21%), and PPAP (-0.15%). Conversely, PWSA, PPSP, PAS, and MJQE maintained their opening prices. On the growth board, DBDE and JSL experienced decreases of 0.47% and 0.51%, respectively. The total trading volume for the day amounted to 49,937 shares, with a cumulative trading value of KHR 318 million. (Source: YSC Research)
Economy and Industry
Thai delegation explores investment opportunities in Kratie Province Thailand's ambassador to Cambodia, Chheut Kiet, led a delegation compromising over 20 representatives from Thai private firms to visit Kratie province in Cambodia to assess investment prospects in the industrial sector. The delegation, along with officials from representatives from the Thai embassy, local government and private sector, visited key trading ports and production facilities, including the UBE Snuol Special Economic Zone and Trapeang Sre International Border Gate. Highlighting Kratie's potential for collaboration with Thailand's manufacturing supply chains, managing director of UBE SEZ, Hean Sopauline, emphasized opportunities in agriculture and agro-industries. Notably, the province has attracted investments such as Newbustar Tire, which is constructing ag $138 million car tire factory in the UBE Snuol SEZ. Strategically located near the Cambodia-Vietnam International Land Port, Kratie offers crucial connectivity for regional trade logistics. (Source: Khmer Times)
Japan-Cambodia Association Office inaugurated to boost investment relations The official inauguration of the Japan-Cambodia Association in Phnom Penh marks a significant milestone in Cambodia-Japan relation following the completion of a comprehensive strategic partnership in 2023. Heng Sour, Minister of Labor and Vocational Training, highlighted the office's pivotal role in attracting Japanese investors by facilitating communication with Cambodian ministries and providing information on investment opportunities. Takahashi Fumiaki, President of the Association, emphasized the office's mission to promote Cambodia's investment potential by encouraging Japanese SMEs to share modern technology and invest in Cambodia's SMEs. With Japan being Cambodia's fifth largest trading partner, the office aims to further enhance bilateral investment. The Council for the Development of Cambodia has approved 210 Japanese investment projects totaling $3.1 billion since 1994, spanning various sectors including auto parts, agro-industry, and tourism. (Source: Khmer Times)
Science, Technology & Innovation to advance Cambodia's income status At the Cambodia-ASEAN Business Summit 2024, Deputy Prime Minister Sun Chanthol announced the construction for Cambodia's Funan Techo Canal will commence this year, while dispelling worries about about its environmental impact and water diversion from the Mekong River. Assuring ASEAN delegates of extensive research preceding the project's initiation, he emphasized its potential to significantly reduce transportation costs. The canal, spanning 180 kilometers from the Takeo Canal to Kep Province, will feature three waterway dams, 11 bridges, and various infrastructure enhancement. Chanthol also highlighted ongoing infrastructure projects like the Sihanoukville Autonomous Port (PAS) expansion and the new Phnom Penh airport, illustrating Cambodia's commitment to become a regional trade and investment hub. Lastly, He encouraged regional investors to support Cambodia's infrastructure and industrial development endeavors to help drive the country's economic growth. (Source: Khmer Times)
Corporate News
Cambodia and Huawei forge digital partnership for economic growth The Royal Government of Cambodia (RGC) and Huawei Technologies Co. LTD. have forged a partnership to advance digitalization in economic, financial, and trade sectors in line with Cambodia's digital policy frameworks. Led by Huawei's President for Southeast Asia, discussions with Deputy PM Aun Pornmorniroth and Commerce Minister Cham Nimul emphasized collaboration to implement Cambodia's digital and fintech policies. Lor Vichet of the Cambodia Chinese Commerce Association (CCCA) highlighted Cambodia's growing digital payments, one of the highest amongst ASEAN countries, amounting to $75.8 billion or 2.4X the Kingdom's GDP. With support from relevant institutions, Huawei aims to accelerate Cambodia's digital landscape by introducing modern financial technology to bolster the nation's commerce system in the digital age. (Source: Khmer Times)
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