Cambodia's GFT exports rise 15% in 2022

/ January 12, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
487.93 0.09 64,005 7,400

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 7,700 0.52 1.85 1.85 7,700 7,460 28,073 670
GTI 3,660 -0.27 -3.68 -3.68 3,800 3,600 28,635 146
PPAP 14,400 0.00 2.86 2.86 14,500 13,960 18,464 298
PPSP 2,390 0.00 0.00 0.00 2,410 2,360 74,890 172
PAS 13,700 -0.44 2.85 2.85 13,760 13,060 13,835 1,175
ABC 10,860 0.18 0.37 0.37 10,860 10,660 458,305 4,704
PEPC 3,140 0.00 -0.32 -0.32 3,190 3,130 2,465 235
DBDE 2,420 0.00 1.26 1.26 2,420 2,370 30,411 45
JSL 4,820 0.00 -2.82 -2.82 4,960 4,800 7,855 124
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 6.20 0.78 1.93 8.40
GTI 3Q22 178 7,138 20.59 0.51 0.32 70.86
PPAP 3Q22 2,897 18,416 4.97 0.78 2.01 5.48
PPSP 3Q22 328 3,576 7.28 0.67 0.99 16.65
PAS 3Q22 1,568 5,986 8.73 2.29 3.32 14.75
ABC 3Q22 1,702 12,067 6.38 0.90 1.62 NA
PEPC** 2Q22 33 1,468 95.27 2.14 1.09 25.95
DBDE 3Q22 -123 1,426 NA 1.70 0.73 2.62
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 advances for second day straight On Jan 12, 2023, the CSX index rose for the second day straight, up 0.09% from the previous close to 487.9pts. Only PPWSA and ABC shares gained today. PPWSA shares rose 0.52% to KHR7,700, while ABC shares edged up 0.18% to KHR10,860. GTI and PAS shares posted a daily loss of 0.27% and 0.44%, respectively. PPAP, PPSP, PEPC, DBDE, and JSL shares were unchanged. (Source: YSC Research)

Economy and Industry

Cambodia's GFT exports rise 15% in 2022 Cambodia's exports of garments, footwear, and travel (GFT) goods increased by 15% from $10.99bn in 2021 to $12.63bn in 2022, according to the latest report on trade by the General Department of Customs and Excise (GDCE). The GFT sector continued to be the largest earner, accounting for 56.2% of total exports last year, but the share declined from 56.9% in 2021, showed the GDCE report. However, the latest statistics indicated that the GFT exports in 2H22 declined compared to 1H22 when it showed nearly 40% growth. Massimiliano Tropeano, Sustainability and Garment Expert, said that the export orders would not revive until mid-2023 as retailers in Europe and the US have just too much stock from unsold goods of the previous seasons. (Source: Khmer Times)

Corporate News

PPAP reports sound business performance in 2022 Phnom Penh Autonomous Port (PPAP) reported sound business performance for the full year 2022 amidst regional and global economic uncertainty. According to its filing on the Cambodia Securities Exchange (CSX), it handled 3,783 cargo vessels, soaring 64% YoY. Oil, gas and cargo throughput rose 5% YoY to 4 million tonnes, while container throughput increase 19.7% YoY to 417,696 TEUs. PPAP director general Hei Bavy credits the upturn in the port business to general improvements in economic activity which he tied to the relatively subdued spread of COVID-19 and easing of pandemic-linked restrictions across the globe. (Source: Phnom Penh Post)

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