In Q1 2023, Cambodia spent over $400 million on domestic gasoline imports

/ May 10, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
469.21 0.04 103,813 7,116

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 0.00 -1.28 1.85 7,800 7,700 19,422 670
GTI 3,300 0.30 -1.49 -13.16 3,390 3,250 17,951 132
PPAP 14,500 0.69 -2.03 3.57 15,000 14,400 3,999 300
PPSP 2,360 -0.42 -1.67 -1.26 2,400 2,350 47,814 170
PAS 13,440 0.00 -1.18 0.90 13,880 13,440 9,002 1,153
ABC 10,300 0.00 -9.65 -4.81 11,520 10,300 969,802 4,462
PEPC 3,080 0.65 0.00 -2.22 3,100 3,050 1,686 231
DBDE 2,340 0.00 -0.85 -2.09 2,370 2,320 22,871 43
JSL 4,380 -0.45 -1.79 -11.69 4,600 4,380 1,516 113
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 18.57 0.46 0.29 65.06
PPAP 3Q22 2,897 18,416 5.01 0.79 2.02 5.51
PPSP 3Q22 328 3,576 7.18 0.66 0.98 16.50
PAS 3Q22 1,568 5,986 8.57 2.25 3.25 14.53
ABC 3Q22 1,702 12,067 6.05 0.85 1.53 NA
PEPC** 2Q22 33 1,468 93.45 2.10 1.07 25.71
DBDE 3Q22 -123 1,426 NA 1.64 0.70 2.54
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 gains slightly by 0.04% to 469.2 points The CSX index increased 0.04% to 469.2 points on May 10, 2023. GTI, PPAP, and PEPC all rose by corresponding percentages of 0.30%, 0.69%, and 0.65%. PWSA, PAS, and ABC, on the other hand, show no movement today. PPSP is only the main board stock to show a loss of 0.42%. On the growth board, DBDE remained unchanged and JSL lost 0.45%. 103,813 shares in total were traded for KHR 1,052 million, a 52.8% decline from the volume on the previous closing day. (Source: YSC Research)

Economy and Industry

In Q1 2023, Cambodia spent over $400 million on domestic gasoline imports In the first three months of 2023, Cambodia imported fuels worth more than $400 million. Data from the Ministry of Commerce shows that imports of gasoline increased by more than 21% YoY to more than $197 million, while imports of diesel also increased by more than $211 million, a drop of more than 30% YoY. Pen Sovicheat, a spokesman for the Ministry of Commerce, assured local media that there were no concerns regarding Cambodia's oil supplies for the domestic market. He did, however, affirm that the cost of petrol in Cambodia is determined by pricing on the world market. Oil prices have recently decreased in Cambodia as a result of a small decline in the global oil market. (Source: Khmer Times)

IRC plans for mandatory automobile policy According to a senior official of Insurance Regulator of Cambodia (IRC) intends to introduce mandatory private vehicle insurance in order to increase the value of private insurance premiums to 5.5% of the Cambodia's GDP. According to a report presented by Va Vichea, Director of the Licensing and Legal Affairs Department at the IRC, which is under the Ministry of Economy and Finance, Cambodia's insurance premiums currently account for 1.1% of the country's whole GDP. He asserted that road accidents cost Cambodia more than $400 million annually, a significant financial loss in addition to the loss of life. (Source: The Phnom Penh Post)

At the SEA Games, "One Village, One Product" displays regional goods. Agricultural and industrial items were displayed during the SEA Games at the Morodok Techo Stadium with the intention of spreading awareness of them and reaching new markets. According to Suong Noy, Secretary-General of the National Committee for the Promotion of One Village, One Product, more than 200 locally made goods have been on show at stalls inside the stadium complex. According to him, the key objectives are to promote exports, create jobs, and increase awareness of Cambodian goods among all tourists. For the first time in 64 years, Cambodia will host the Southeast Asian (SEA) Games. 90% of all businesses were SMEs, which also contributed 58% of the GDP and more than 70% of all jobs. (Source: Khmer Times)

Corporate News

ACLEDA report a strong earning in the first quarter Despite spending a lot on interest, the first publicly traded Acleda Bank Plc's net profit increased 9.58% to about $38.17 million in the first three months of this year from about $35.37 million in the same period of 2022, according to the bank's most recent report. According to a statement made public by CSX, "The increases were primarily due to the effectiveness of a broad range of banking products and services in the digital era, increase in customers, and effective cost management," and it is important to note that both total revenue and operating profit increased by 16.50% and 33.46%, respectively. (Source: Khmer Times)

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