In the first five months, milled rice exports to China brought approximately $77.3 million to Cambodia

Market Update / June 9, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
465.14 0.45 35,805 7,055

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 7,500 0.81 -3.60 -0.79 7,880 7,440 50,605 652
GTI 3,220 0.00 -3.59 -15.26 3,350 3,210 7,589 129
PPAP 14,340 0.99 2.28 2.43 15,200 14,000 2,461 297
PPSP 2,320 0.43 -0.43 -2.93 2,370 2,310 18,324 167
PAS 13,380 1.21 0.00 0.45 13,460 13,120 4,182 1,148
ABC 10,240 0.20 0.00 -5.36 10,340 10,220 362,144 4,436
PEPC 3,030 0.33 -0.66 -3.81 3,060 3,020 1,307 227
DBDE 2,300 0.44 -0.86 -3.77 2,350 2,290 41,066 42
JSL 4,080 0.49 -0.97 -17.74 4,420 4,020 1,205 105
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 6.04 0.76 1.88 8.30
GTI 3Q22 178 7,138 18.12 0.45 0.28 63.77
PPAP 3Q22 2,897 18,416 4.95 0.78 2.00 5.46
PPSP 3Q22 328 3,576 7.06 0.65 0.96 16.31
PAS 3Q22 1,568 5,986 8.53 2.24 3.24 14.48
ABC 3Q22 1,702 12,067 6.02 0.85 1.52 NA
PEPC** 2Q22 33 1,468 91.94 2.06 1.05 25.50
DBDE 3Q22 -123 1,426 NA 1.61 0.69 2.50
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 at 465.1 points On June 09, 2023, the CSX index rise by 0.45% to 465.1 points. The share price of PWSA, PPAP, PPSP, PAS, ABC, and PEPC show a corresponding increase of 0.81%, 0.00%, 0.99%, 0.43%, 1.21%, 0.20%, and 0.33%. In contrast, GTI remained unchanged. On the growth board, DBDE gained by 0.44% while JSL increased by 0.49%. A total of 35,805 shares were traded for KHR 343 million, a 26.5% decline compared to the volume on the last closing day. (Source: YSC Research)

Economy and Industry

In the first five months, milled rice exports to China brought approximately $77.3 million to Cambodia In the first five months of 2023, Cambodia shipped 118,041 tons of milled rice to China, bringing in $77.4 million, according to a press statement from the Cambodia Rice Federation (CRF). According to a press release, "China is the main export market for Cambodian milled rice, accounting for 42.43% of Cambodia's total rice export volume (during the period of January to May of 2023)". In 50 nations and regions, 278,184 tons of milled rice were exported by Cambodia during the first five months of this year, bringing in $191.6 million. Long-grain white rice, parboiled rice, fragrant rice, premium aromatic rice, and organic rice were among the milled rice variants. (Source: Khmer Times)

Historic CEPA signed by Cambodia and the United Arab Emirates The historic Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) was signed at the Peace Palace in Phnom Penh on June 8, 2023, in the presence of Prime Minister Hun Sen. The CAM-UAE CEPA will enable investors, businesspeople, producers, and consumers of the two nations to benefit economically from the agreement's investment opportunities, while UAE investors will examine a variety of sectors, including energy, agriculture, ports, logistics, and transportation. The CAM-UAE CEPA is anticipated to smooth out trade flow, increase bilateral investment, and connect supply chains. (Source: Khmer Times)

The capital of Single Portal enterprises has increased 31% year to date As of June 5 at 3 p.m., the Online Business Registration Service ("OBRS") reported that 25,871 businesses totaling a combined $7.62 billion in "registered share capital" had been authorized by the six first-phase government agencies and successfully registered on the "Single Portal" in its 1,086 days of operation. This is a 25% increase over the 20,693 firms and a 31% increase over the $5.81 billion in total registered share capital reported by the OBRS, a division of the Ministry of Economy and Finance, for January 2 at 2pm, 154 days prior. (Source: The Phnom Penh Post)

Corporate News

Garment manufacturer reports first-quarter results on the CSX Cambodian-listed Grand Twins International (Cambodia) Plc (GTI), a Taiwanese clothing manufacturer, reported a general deterioration in company performance in the first quarter of the year, which concluded on March 31, due to a global slowdown in demand fueled by the protracted conflict in Ukraine. GTI reported sales and profit before income tax of 64.667 billion riels ($15.8 million) and 550.090 million riels for the January-March quarter in a filing on June 6, 2023. These figures were down 42.25% and 73.19% YoY from 111.978 billion riels and 2.051 billion riels, respectively. (Source: The Phnom Penh Post)

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