Cambodia's exports to US surge 40% YoY in 2022

/ February 13, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
493.42 0.01 67,652 7,484

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 7,960 0.25 1.53 5.29 7,960 7,700 25,533 692
GTI 3,710 0.00 0.00 -2.37 3,730 3,660 9,061 148
PPAP 14,900 0.00 0.00 6.43 15,140 14,360 4,005 308
PPSP 2,420 -0.41 0.00 1.26 2,430 2,400 65,166 174
PAS 14,020 0.00 -0.28 5.26 14,100 13,720 18,174 1,203
ABC 10,900 0.00 0.37 0.74 10,900 10,840 327,245 4,721
PEPC 3,160 0.00 -0.63 0.32 3,200 3,150 9,989 237
DBDE 2,440 0.00 0.00 2.09 2,440 2,400 11,682 45
JSL 4,800 0.00 0.00 -3.23 4,840 4,800 9,007 123
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 6.41 0.81 2.00 8.52
GTI 3Q22 178 7,138 20.87 0.52 0.32 71.67
PPAP 3Q22 2,897 18,416 5.14 0.81 2.08 5.63
PPSP 3Q22 328 3,576 7.37 0.68 1.00 16.80
PAS 3Q22 1,568 5,986 8.94 2.34 3.39 15.02
ABC 3Q22 1,702 12,067 6.40 0.90 1.62 NA
PEPC** 2Q22 33 1,468 95.88 2.15 1.09 26.03
DBDE 3Q22 -123 1,426 NA 1.71 0.73 2.64
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 advances for second trading day straight On Feb 13, 2023, the CSX index edged up 0.01% from the previous close to 493.1pts. PPWSA shares gained for fifth trading day straight to a 20-month high of KHR7,960. Meanwhile, PPSP shares dropped 0.41% to KHR2,420. The other stocks on the main and growth boards remained unmoved. Today saw only 67,652 shares changed hands on the main board. (Source: YSC Research)

Economy and Industry

Cambodia's exports to US surge 40% YoY in 2022 Cambodia's exports to the US surged 40% YoY to $12.2bn in 2022, according to the US Census Bureau. The Kingdom imported $450mn worth of products from the world's biggest economy, up 8% YoY. Cambodia's trade surplus with the US is at $10.9bn. Cambodia's exports were mostly garments including goods such as footwear, bicycles and furniture under the trade preference--under the Most Favored Nation status and travel goods are exported under the General Specialized Preference (GSP). (Source: Khmer Times)

Cambodia-China sign Action Plan on Trade and Economic Cooperation 2023-2024 Cambodia and China signed Action Plan on Trade and Economic Cooperation 2023-2024 on Feb 10, aiming to promote the utilization of the preferential arrangements that are granted by free trade agreements (FTA) and similar regional treaties, to boost trade and investment between Cambodia and China. Implementation will focus on bringing more Cambodian agriculture merchandise to China, as well as convincing Chinese investors to commit resources to projects that could support the export of the Kingdom's products to their home market, according to Ministry spokesman Penn Sovicheat. Under this agreement, our two countries will set out complementary action plans to take advantage of bilateral, multilateral, regional and global agreements through the World Trade Organization to increase exports of our agricultural products, and in particular, provide protection to Chinese and Cambodian investors, he said. (Source: Phnom Penh Post)

Kampot-Kept Salt to receive GI status in April The Ministry of Commerce has tentatively set April 26 for the launch of Kampot-Kep Salt as a geographical indication (GI) product, in a formal recognition of its inclusion in the Cambodian registry and accompanying protections. The vast majority of the Kingdom's salt farms are in Kampot and Kep, and the harvest season typically falls between early January and May each year. Industry insiders are expecting the GI status to drive a marked lift in the profile of the commodity --and Cambodian salt as a whole-- on the international arena, as well as dramatic growth in overseas sales. (Source: Phnom Penh Post)

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