Exports of electric gear increased by 102% YoY in Q1

/ April 24, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
506.26 -0.02 177,122 7,678

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 7,780 0.00 0.26 2.91 7,800 7,760 37,771 677
GTI 3,360 0.30 -0.30 -11.58 3,390 3,330 27,355 134
PPAP 14,900 -0.13 0.68 6.43 15,000 14,800 3,686 308
PPSP 2,380 0.42 0.85 -0.42 2,390 2,350 72,911 171
PAS 13,700 0.59 -0.58 2.85 13,920 13,600 18,343 1,175
ABC 11,500 -0.17 4.17 6.28 11,520 11,040 1,379,513 4,981
PEPC 3,090 -0.32 0.32 -1.90 3,100 3,050 5,319 232
DBDE 2,370 0.00 0.85 -0.84 2,370 2,350 57,453 44
JSL 4,560 -0.44 0.00 -8.06 4,600 4,540 53,806 117
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 6.26 0.79 1.95 8.44
GTI 3Q22 178 7,138 18.90 0.47 0.29 66.02
PPAP 3Q22 2,897 18,416 5.14 0.81 2.08 5.63
PPSP 3Q22 328 3,576 7.25 0.67 0.98 16.60
PAS 3Q22 1,568 5,986 8.73 2.29 3.32 14.75
ABC 3Q22 1,702 12,067 6.76 0.95 1.71 NA
PEPC** 2Q22 33 1,468 93.76 2.10 1.07 25.75
DBDE 3Q22 -123 1,426 NA 1.66 0.71 2.57
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 open the last week of April with 506.3 points The CSX index decreased by 0.02% to 506.3 points on April 24, 2023. The stock prices of GTI, PPSP, and PAS are each up by 0.30%, 0.42%, and 0.59%, respectively. PWSA's share shows no movement, while for PPAP, ABC, and PEPC, decreased by 0.13%, 0.17%, and 0.32%. JSL lost 0.44% and DBDE stayed steady on the growth board. There were 177,122 shares traded for KHR1,906 million, a 0.3% drop from last closing day's volume. (Source: YSC Research)

Economy and Industry

Exports of electric gear increased by 102% YoY in Q1 According to preliminary Customs (GDCE) data, Cambodia exported $736.776 million worth of electrical machinery, equipment, and related products in the first quarter (Q1) of 2023 that concluded on March 31, up 101.70% from the $365.279 million tallied during the same period in 2022. The aforementioned group of goods, which falls under Chapter 85 of the Harmonized System (HS), accounted for $5.392 billion, or 13.66%, of the entire value of the country's exports from January to March. According to Hong Vanak, Director of International Economics at the Royal Academy of Cambodia, opined that growth in the exports of these items, which are by and large medium and heavy industry products, signals a fortification of the Cambodia’s economic buffers. (Source: The Phnom Penh Post)

Potential investment prospects are discussed between EDF and the Department of Commerce for Guangxi Zhuang Autonomous Region The Guangxi Zhuang Autonomous Region Department of Commerce and the Entrepreneurship Development Fund (EDF) met to discuss future business cooperation in Cambodia and prospective investment prospects. During the discussion, the parties also discussed collaboration in agro-processing free zones, food processing, petrochemicals, the manufacture of textile and chemical fiber weft, and the planning of the SHV SEZ Master Plan. As the sole coastal region in western China, Guangxi serves as a crucial frontier and opening for China to the outside world, ASEAN, and the rest of the globe. It also provides the Great Southwest with the easiest access to the sea. (Source: Cambodia Investment Review)

Cambodia's longans is a popular fruit in China Chinese consumers have grown fond of Cambodian fresh longans after the country began sending the fruit directly to the country in October of last year. From October 2022 to March 2023, Cambodia shipped more than 6,000 tons of fresh longans to China. Also, from January to March of this year, 3,400 tons of fresh longans were sent to China. After mango and banana, longan is the third fresh fruit from Cambodia to have obtained official direct access to the Chinese market. China is a big market for Cambodian agricultural goods, according to Penn Sovicheat, undersecretary of state and spokesman for the Cambodian Ministry of Commerce. (Source: Khmer Times)

Corporate News

Deal between Big C Signs and OCIC to launch a hypermarket in Chroy Changvar In order to build the network's first hypermarket at Chroy Changvar Satellite City in Phnom Penh, Overseas Cambodian Investment Corporation (OCIC) and Thai hypermarket chain BIG C recently signed a Strategic Partnership Agreement. After the hypermarket in Poipet, the Chroy Changvar hypermarket will be Big C's second in Cambodia. Additionally, 20 tiny format "BIG C Mini" locations have been built up in Kampot and Phnom Penh. With a $4.4 billion revenue last year, BIG C is one of the biggest hypermarket merchants in Southeast Asia. BIG C is a part of Berli Jucker Public Company Limited (BJC), one of the largest business conglomerates in Thailand. (Source: Khmer Times)

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