Cambodia-Japan bilateral trade up 12% YoY in 2022

/ January 17, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
487.87 -0.02 54,954 7,399

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 7,740 -0.51 2.38 2.38 7,780 7,460 56,556 673
GTI 3,670 -0.27 -3.42 -3.42 3,800 3,600 30,657 147
PPAP 14,400 0.56 2.86 2.86 14,500 13,980 19,372 298
PPSP 2,410 0.42 0.84 0.84 2,410 2,360 106,299 173
PAS 13,720 0.00 3.00 3.00 13,760 13,140 22,086 1,177
ABC 10,840 0.00 0.18 0.18 10,860 10,680 572,067 4,695
PEPC 3,150 0.00 0.00 0.00 3,190 3,140 3,549 236
DBDE 2,420 0.00 1.26 1.26 2,430 2,370 38,538 45
JSL 4,800 -0.41 -3.23 -3.23 4,960 4,800 10,561 123
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 6.23 0.79 1.94 8.42
GTI 3Q22 178 7,138 20.65 0.51 0.32 71.02
PPAP 3Q22 2,897 18,416 4.97 0.78 2.01 5.48
PPSP 3Q22 328 3,576 7.34 0.67 1.00 16.75
PAS 3Q22 1,568 5,986 8.75 2.29 3.32 14.77
ABC 3Q22 1,702 12,067 6.37 0.90 1.61 NA
PEPC** 2Q22 33 1,468 95.58 2.15 1.09 25.99
DBDE 3Q22 -123 1,426 NA 1.70 0.73 2.62
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 retreats for second straight day On Jan 17, 2023, the CSX index edged down 0.02% from the previous close to 487.9pts, retreating for the second day straight. PPWSA and GTI shares were down 0.51% and 0.27% to KHR7,740 and KHR3,670, respectively. Meanwhile, PPAP shares rose 0.56% to KHR14,400, while PPSP shares gained 0.42% to end at KHR2,410. The other stocks on the main board remained unchanged. On the growth board, JSL shares dropped 0.41% to KHR4,800, while DBDE shares were moved. (Source: YSC Research)

Economy and Industry

Cambodia-Japan bilateral trade up 12% YoY in 2022 The bilateral merchandise trade between Cambodia and Japan reached $1.95bn in 2022, up 12% YoY, according to the General Department of Customs and Excise (GDCE). Last year, Cambodian good exports to Japan amounted to $1.17bn, up 7.3%, while imports from Japan were $775mn, up 21.0% YoY. Cambodia's trade surplus with Japan narrowed to $398mn vs $453mn in 2021. Japan was the fourth largest buyer of Cambodian merchandise in 2022, accounting for 5.2% of the global total of $22.5bn. (Source: Phnom Penh Post)

Credit and deposits see double-digit growth in 2022 Cambodia's banking and financial institutions posted a solid growth last year despite regional and global economic uncertainty and inflationary pressures. Credit to private sector increased by 21%, while customer deposits rose 11.3%, the National Bank of Cambodia said in its "Macroeconomic and Banking Sector Development in 2022 and Outlook for 2023". "Prudential regulations, which were relaxed during the pandemic to relieve financial burden of borrowers and maintain credit intermediation, have been strengthened gradually to be in line with domestic economic recovery and the NBC exit strategy to safeguard financial stability and rebuild a policy buffer for future needs", the NBC said. "The loan restructuring policy was withdrawn at the end of Jun 2022, and the amount of restructured loans declined from 10.5% to only 5% of total credit", the central bank added. (Source: Phnom Penh Post)

Corporate News

Lexmin to incorporate company in Cambodia Nutritional dietary food supplements maker Lexmin has decided to incorporate in Cambodia. Lexmin Pty Ltd, an Australian company, and its Cambodian branch Lexmin Pty Ltd, were founded in June 2018 as nutritional plant-food entrepreneurship to meet the affluent consumers demand in the US, Europe, Japan, Australia, and countries in Southeast Asia where health consciousness was on the rise and in the past four years, the project has accumulated a number of assets besides capitalized injections, according to a press release. Lexmin will now incorporate its branch in Cambodia as a Cambodian company and has invited Cambodian and foreign investors to take up equity up to 40% in the new company on a fair value basis. (Source: Khmer Times)

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