With more than 20.2 million e-wallets, digital payments in Cambodia have significantly increased

/ August 3, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
491.88 0.00 50,883 13,193

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 7,480 0.00 0.27 -1.06 7,500 7,400 10,203 651
GTI 3,100 -0.96 -0.96 -18.42 3,180 3,070 1,148 124
PPAP 14,180 -0.42 -0.14 1.29 14,240 14,000 706 293
PPSP 2,270 0.44 -0.44 -5.02 2,350 2,140 10,740 163
PAS 12,820 -0.31 -0.47 -3.75 13,240 12,820 2,796 1,100
ABC 10,100 -0.20 -0.20 -6.65 10,160 10,100 153,503 4,375
PEPC 2,890 -0.34 -1.70 -8.25 3,080 2,800 3,417 217
DBDE 2,150 -1.38 -1.83 -10.04 2,270 2,140 10,863 40
JSL 3,480 0.87 -0.29 -29.84 3,690 3,280 1,240 89
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 6.02 0.76 1.88 8.30
GTI 3Q22 178 7,138 17.44 0.43 0.27 61.83
PPAP 3Q22 2,897 18,416 4.89 0.77 1.98 5.41
PPSP 3Q22 328 3,576 6.91 0.63 0.94 16.06
PAS 3Q22 1,568 5,986 8.17 2.14 3.10 14.01
ABC 3Q22 1,702 12,067 5.93 0.84 1.50 NA
PEPC** 2Q22 33 1,468 87.69 1.97 1.00 24.93
DBDE 3Q22 -123 1,426 NA 1.51 0.64 2.36
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 up 0.01% on August 3, 2023 On August 3, 2023, the CSX index went up 0.01% to 491.9 points. There were decreases in GTI, PPAP, PAS, ABC, and PEPC of 0.96%, 0.42%, 0.31%, 0.20%, and 0.34%, respectively. In contrast, PWSA remained the same. PPSP, which is up 0.44%, is the only stock on the main board to gain value. On the growth board, JSL increased by 0.87% and DBDE decreased by 1.38%. The amount of trading was down 76.7% from the previous day's closing volume at 50,883 shares, or KHR 362 million. (Source: YSC Research)

Economy and Industry

With more than 20.2 million e-wallets, digital payments in Cambodia have significantly increased Cambodia has experienced a significant increase in mobile payments due to the shift from cash-based to digital transactions. The number of registered e-wallet accounts reached 20.2 million in June, and the total number of transactions increased to 333.7 million in the first half of 2022, totaling $58.2 billion. Cambodia's payment system has been modernized to enhance efficiency and security, facilitating faster and more secure transactions. 35 payment service institutions have been licensed, and two banking and financial institutions have been authorized to operate payment businesses. (Source: Khmer Times)

Cambodian exports of electrical equipment reach $1.4 billion in 1H Cambodia exported $1.4 billion worth of electrical equipment and electronic components in the first half of 2023, a 1.3-fold increase YoY. The export of manufactured products, including garments and non-garment products, decreased due to falling external demand in Cambodia's main markets. However, non-garment manufacturing exports have significantly increased in recent years, outpacing garment manufacturing exports. The Cambodian Industrial Development Policy 2015-2025 has boosted investment in technology in production chains, resulting in an instant increase in non-garment manufacturing exports. (Source: Khmer Times)

More than half of the tourists are from Vietnam and Thailand In the first six months of 2023, Thai and Vietnamese tourists accounted for over 50% of foreign visitors in Cambodia, with Chinese nationals in third place. Between January and June, 2.6 million foreign visitors arrived in Cambodia, a 40% increase from the previous year. Thailand saw the largest increase, with numbers increasing by 547.7% from last year. Vietnam followed closely behind, with 463,487 visitors, a 223.6% YoY growth. Cambodia's tourism industry relies on neighboring countries, with efforts from the government and private sector to promote the country's appeal to international tourists. (Source: The Phnom Penh Post)

Corporate News

A public-private cooperation is sought by Kampot's tourism port The Ministry of Economy and Finance, Ministry of Public Works and Transport, and Ministry of Tourism will co-host an investor seminar on "The Operations and Maintenance of Kampot Tourism Port through Public-Private Partnerships" on August 17. The seminar will involve local, regional, international port operators, and private investors from relevant sectors. The seminar aims to discuss coastal tourism development in Kampot and Kep provinces, connecting sea tourism with Vietnam and other islands. The port, built under an ADB loan of over $18 million, will dock 300 to 400 passenger capacity ships and promote sustainable growth in the Greater Mekong Sub-region. (Source: Khmer Times)

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