Alibaba establish eWTP partnership with Cambodia

/ December 22, 2022

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
477.64 0.01 53,397 7,244

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 7,460 -0.27 0.54 4.19 7,500 7,400 38,975 649
GTI 3,600 -0.55 -5.51 -14.69 3,830 3,600 76,692 144
PPAP 14,000 0.14 0.00 -4.76 14,000 13,940 3,399 290
PPSP 2,370 0.00 1.72 14.49 2,380 2,330 119,604 170
PAS 13,140 0.00 1.08 -1.35 13,140 12,920 24,657 1,127
ABC 10,680 0.00 1.52 1.52 10,700 10,500 736,753 4,626
PEPC 3,180 1.27 1.27 0.95 3,180 3,130 6,629 238
DBDE 2,370 0.00 -0.42 2.60 2,380 2,360 68,951 44
JSL 4,920 -0.40 2.50 NA 4,940 4,760 48,624 126
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 3Q22 1,242 9,852 6.01 0.76 1.87 8.29
GTI 3Q22 178 7,138 20.25 0.50 0.32 69.90
PPAP 3Q22 2,897 18,416 4.83 0.76 1.95 5.36
PPSP 3Q22 328 3,576 7.21 0.66 0.98 16.55
PAS 3Q22 1,568 5,986 8.38 2.19 3.18 14.28
ABC 3Q22 1,702 12,067 6.28 0.89 1.59 NA
PEPC** 2Q22 33 1,468 96.49 2.17 1.10 26.12
DBDE 3Q22 -123 1,426 NA 1.66 0.71 2.57
NOTE: ttm= trailing-twelve months; mrq = most recent quarter; *Excluding equity of non-common shares for PPWSA, PPAP and PAS; **FY ending in June

News Highlights

Stock Market

CSX index rises for fourth day straight The CSX index rose for the fourth day straight, edging up slightly from the previous close to finish at 477.6pts. PEPC shares saw the biggest daily gain of 1.27%, closing at KHR3,180. PPAP shares were up 0.14% to KHR14,000. PPWSA, GTI shares fell 0.27% and 0.55%, respectively. Meanwhile, PPSP, PAS, and ABC shares were unchanged. On the growth board, DBDE shares were unmoved, while JSL shares fell 0.40% to KHR4,920. (Source: YSC Research)

Economy and Industry

MEF signs financing agreement with ADB The Ministry of Economy and Finance (MEF) signed a cooperation financing agreement with the Asian Development Bank (ADB) and the Agence Francaise de Development (AFD) for 6 projects/programs. The budget to support the six projects totals almost $381.5mn and a technical assistance grant of $1.7mn. The projects included Energy Sector Development Program, Sustainable Marine and Coastal Fisheries Project, Transboundary Animal Health Project and the Promotion of Animal Value Chains, Border Health Project, Trade and Competitiveness Development Program, and Science and Technology Project for Secondary Education. (Source: Khmer Times)

Cambodia-S. Korea trade value reaches $659mn in first 10 months  The bilateral trade between Cambodia and South Korea reached $659mn in the first 10 months of this year, up 4% compared to the same period last year. For the first two weeks after the entry into force of the Cambodia-Korea FTA (CKFTA) on Dec 1, 2022, the two-way trade value was recorded at $0.5mn, said the Minister of Commerce Pan Sorasak. Korean Ambassador to Cambodia Park Heung Kyeong said that he was optimistic about the entry into force of the CKFTA and the Double Taxation Agreement which will increase confidence among investors and boost more Korean investments and business in Cambodia. (Source: Khmer Times)

Corporate News

Alibaba establish eWTP partnership with Cambodia China's largest e-retailer Alibaba Group and Cambodia have announced the Electronic World Trade Platform (eWTP) partnership, which is expected to strengthen Cambodia's economic development and digital economy. The partnership ensures trading of Cambodian products will reach more than half a billion consumers of Alibaba. Pan Sorasak, Minister of Commerce, said that eWTP partnership will benefit the mutual interest of Cambodia and China, adding that the MOC look forward to working closely with Alibaba Group to achieve more progress to bring more benefits to the people of the two countries. In Jan this year, Alibaba Group held talks with Cambodian relevant stakeholders about exporting Cambodian products and selling them in the online marketplace in China. (Source: Khmer Times)

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