China trade nears $2.9 billion in Q1 as deficit declines

/ April 21, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
506.38 0.17 177,683 7,680

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 7,780 0.26 0.26 2.91 7,800 7,760 35,680 677
GTI 3,350 -0.30 -0.59 -11.84 3,390 3,330 26,774 134
PPAP 14,920 0.67 0.81 6.57 15,000 14,800 3,384 309
PPSP 2,370 -0.84 0.42 -0.84 2,390 2,350 59,484 170
PAS 13,620 0.15 -1.16 2.25 13,920 13,600 17,082 1,168
ABC 11,520 0.17 4.35 6.47 11,520 11,040 1,220,152 4,990
PEPC 3,100 0.32 0.65 -1.59 3,100 3,050 5,220 232
DBDE 2,370 0.00 0.85 -0.84 2,370 2,350 55,012 44
JSL 4,580 0.00 0.44 -7.66 4,600 4,540 53,724 118
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 6.26 0.79 1.95 8.44
GTI 3Q22 178 7,138 18.85 0.47 0.29 65.86
PPAP 3Q22 2,897 18,416 5.15 0.81 2.08 5.64
PPSP 3Q22 328 3,576 7.21 0.66 0.98 16.55
PAS 3Q22 1,568 5,986 8.68 2.28 3.30 14.69
ABC 3Q22 1,702 12,067 6.77 0.95 1.71 NA
PEPC** 2Q22 33 1,468 94.06 2.11 1.07 25.79
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 close the week with 506.4 points The CSX index increased by 0.17% to 506.4 points on April 21, 2023. The stock prices of PWSA, PPAP, PAS, ABC, and PEPC are each up by 0.26%, 0.67%, 0.15%, 0.17%, and 0.32%, respectively. Except for GTI and PPSP, which decreased by 0.30% and 0.84%. Both shares of JSL and DBDE stayed steady on the growth board. There were 177,683 shares traded for KHR1,984 million, a 3.6% improvement from yesterday's volume. (Source: YSC Research)

Economy and Industry

China trade nears $2.9 billion in Q1 as deficit declines According to preliminary Customs (GDCE) data, the value of goods traded between Cambodia and mainland China in the first quarter (Q1) of 2023 was $2.862 billion, a 0.38% decrease from the same period last year. Imports from the East Asian market made up 88.52% of this volume, a decrease of 0.28%pt on an annual basis. Mainland China was the fourth biggest export market for Cambodia for the first quarter, coming in behind Thailand ($334.163 million), Vietnam ($909.803 million), and the US ($1.823 billion). Vice-president of the Cambodia Chamber of Commerce (CCC) Lim Heng asserted that the Kingdom's bilateral trade with "most" nations and territories decreased in the first quarter of the year, which he linked to the socioeconomic environment across the world. (Source: The Phnom Penh Post)

Three new airport improvements cost $1.8 billion Until the end of the first quarter of 2023, three businesses invested more than $1.8 billion in their new airport projects in Cambodia, according to the State Secretariat of Civil Aviation's (SSCA) most recent report. One company exceeded its budget, according to the report, while another came dangerously close to doing so. The SSCA study stated that two businesses intend to run this year. Yunnan Airinvestment (Cambodia) Airport Management Co., Ltd. (YACA) invested $969 million in the construction of the Siem Reap Angkor International Airport, Union Development Group Co., Ltd. has already spent $180 million on the Dara Sakor International Airport, and Cambodia Airport Investment Co., Ltd. has invested the remaining $652 million in the New Phnom Penh International Airport. (Source: Khmer Times)

France and Cambodia explore working together on agriculture According to a press release from the Ministry of Agriculture, Forestry and Fisheries (MAFF), senior agricultural officials from Cambodia, led by General Directorate of Agriculture Ngin Chhhay, met on Wednesday to discuss the potential for importing fresh apples from France and exporting fresh mangoes from Cambodia. According to the press release, officials from France and Cambodia exchanged information regarding the conditions for importing fresh apples from France to Cambodia, the conditions for importing fresh mangoes from Cambodia to France, and the improvement of cooperation on other agricultural-related issues. (Source: Khmer Times)

Corporate News

Foodpanda partner with Tada for deals in Singapore and Cambodia The block chain-powered ride-hailing platform Tada and the online food and grocery delivery service Foodpanda have teamed up to give consumers new perks, starting with customers in Singapore and Cambodia. Users of both platforms will be able to enjoy savings, reduced airfares, and subscriptions to reward programs thanks to the partnership. A free Pandapro subscription is now available to 30,000 Tada users in Singapore, giving them access to offers and on-demand delivery. Additionally, 30,000 Pandapro users in Singapore will get 25% off coupons for Tada rides, with a maximum value of SG$4 (US$2.99). The combined delivery and ride-hailing benefits are also available to corporate customers of any platform in Singapore through joint corporate bundles. (Source: Khmer Times)

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