$47 billion in bank and microfinance loans disbursed to Cambodia in 2022

/ May 12, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
469.02 -0.13 54,169 7,114

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 -0.77 -1.28 1.85 7,800 7,700 24,036 670
GTI 3,320 0.00 -0.90 -12.63 3,380 3,250 19,047 133
PPAP 14,440 0.00 -2.43 3.14 14,960 14,400 5,024 299
PPSP 2,360 0.00 -1.67 -1.26 2,400 2,350 51,790 170
PAS 13,420 -0.30 -1.32 0.75 13,860 13,420 9,557 1,151
ABC 10,300 0.00 -9.65 -4.81 11,520 10,300 1,046,216 4,462
PEPC 3,070 -0.32 -0.32 -2.54 3,100 3,050 1,761 230
DBDE 2,340 0.00 -0.85 -2.09 2,370 2,320 24,294 43
JSL 4,360 -0.46 -2.24 -12.10 4,600 4,360 1,848 112
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 18.68 0.47 0.29 65.38
PPAP 3Q22 2,897 18,416 4.98 0.78 2.02 5.49
PPSP 3Q22 328 3,576 7.18 0.66 0.98 16.50
PAS 3Q22 1,568 5,986 8.56 2.24 3.25 14.52
ABC 3Q22 1,702 12,067 6.05 0.85 1.53 NA
PEPC** 2Q22 33 1,468 93.15 2.09 1.06 25.67
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 close the second week of May with 469 points The CSX index decreased by 0.13% to 469.0 points on May 12, 2023. PWSA, PAS, and PEPC all dropped by corresponding percentages of 0.77%, 0.30%, and 0.32%. GTI, PPAP, PPSP, and ABC, on the other hand, show no movement today. On the growth board, JSL fell 0.46% and DBDE remained unchanged. 54,169 shares in total were traded for KHR 532 million, a 61.3% increase from the volume on the previous closing day. (Source: YSC Research)

Economy and Industry

$47 billion in bank and microfinance loans disbursed to Cambodia in 2022 According to a report from Credit Bureau (CBC), up until 2022, banks and microfinance organizations gave 4.6 million Cambodians in 25 provinces and the capital credit loans totaling $47 billion. According to the report, with 6.17 million borrowers, more than 42% of all loans made went to individuals and organizations in Phnom Penh. Nationwide, 76% of borrowers used just one institution for their loans, followed by 19% who used two, and 5% who used three or more. The late repayment rate for loans that are due to be paid off by the end of 2022 was only 2.2%. (Source: Khmer Times)

SME Bank provided $53M to companies in the tourism industry According to a senior bank official, the Small and Medium Enterprise Bank of Cambodia Plc. has approved loans for 346 tourism-related businesses totaling $53.46M, or 35.64% of the $150M budget. As of April 30th of this year, the SME Bank has granted financing loans for hotels, guesthouses, restaurants, and other tourism-related businesses totaling 29%, 25%, 31%, and 15%, respectively. Through this tourism-only finance program, loans have been made accessible to businesses in the tourism financing sectors since July 1 of last year. The SME Bank's partner and participating financial institution will lend the company owners up to $400,000 at a 6.5% interest rate for a maximum term of seven years. (Source: Khmer Times)

$60M support from the World Bank for Cambodia's solid waste and plastics management  The enhancement of Cambodia's solid waste and plastic management will be assisted by a $60 million International Development Association loan, which the World Bank Board of Executive Directors approved on Wednesday. According to a press statement from the bank, a $3 million grant from the PROBLUE Trust Fund will help co-finance the project. The Cambodia: Solid Waste and Plastic Management Improvement Project will help Cambodia improve institutional capacity for managing solid waste and plastic at the national and subnational levels, improve the efficiency of the waste services provided by the private sector, and enhance waste fee systems to support more effective solid waste operations that are financially, environmentally, and socially sustainable. (Source: Khmer Times)

Corporate News

PPSEZ's profit increased by an astounding 8 times in Q1 2023 According to the most recent report of the company published on Cambodia Securities Exchange, the profit of Royal Group Phnom Penh Special Economic Zone (Royal Group PPSEZ) has increased a whopping eight times in the positive zone to $5.7 million in the first three months of 2023 compared to the loss of $0.68 million in the same period last year. According to Fong Nee Wai, Chief Financial Officer of Royal Group PPSEZ, land sales have historically made up a sizable portion of the group's sales revenue, while recurrent revenue currently only makes up a small portion of this item. Land sales were absent from the group's most recent quarter, which ended on December 31, 2022. (Source: Khmer Times)

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