Cambodia earns $1.41 billion from international tourism in 2022

/ June 23, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
458.9 -0.28 35,735 6,960

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 -3.86 -1.06 7,880 7,440 68,708 651
GTI 3,110 -1.27 -6.89 -18.16 3,350 3,110 13,967 124
PPAP 14,200 -0.14 1.28 1.43 14,420 14,000 4,715 294
PPSP 2,240 -0.88 -3.86 -6.28 2,350 2,240 74,077 161
PAS 12,720 -1.24 -4.93 -4.50 13,400 12,720 18,972 1,091
ABC 10,200 0.00 -0.39 -5.73 10,260 10,200 1,010,250 4,418
PEPC 2,950 -1.01 -3.28 -6.35 3,050 2,950 2,437 221
DBDE 2,240 0.00 -3.45 -6.28 2,350 2,200 73,704 41
JSL 3,930 -0.51 -4.61 -20.77 4,180 3,910 7,449 101
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 17.50 0.44 0.27 61.99
PPAP 3Q22 2,897 18,416 4.90 0.77 1.98 5.42
PPSP 3Q22 328 3,576 6.82 0.63 0.93 15.91
PAS 3Q22 1,568 5,986 8.11 2.12 3.08 13.92
ABC 3Q22 1,702 12,067 5.99 0.85 1.52 NA
PEPC** 2Q22 33 1,468 89.51 2.01 1.02 25.18
DBDE 3Q22 -123 1,426 NA 1.57 0.67 2.44
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 drops 0.28%, GTI, PAS, and PEPC lead losers The CSX index dropped 0.28% to 458.2 points on June 23, 2023. The top three losers of the day were GTI, PAS, and PEPC, with declines of 1.27%, 1.24%, and 1.01%, respectively. The other main board stocks, including PWSA and ABC, did not change. PPSP edged down 0.88% and PPAP slighly down 0.14%. DBDE on the growth board also show no movement and JSL down 0.51%. A total of 35,735 shares were exchanged for KHR 321 million, which is a 71.1% reduction from the volume on the previous closing day. (Source: YSC Research)

Economy and Industry

Cambodia earns $1.41 billion from international tourism in 2022 The most recent report from the Ministry of Tourism states that Cambodia earned $1.41 billion from foreign tourists in 2022 and $650 million more was earned by domestic tourists. Additionally, the country's GDP was contributed by the tourist industry by around 3.6%. A total of 2.28 million foreign visitors visited the nation in 2022, a rise of 1058.6% from the 2021 data. It added that 13.93 million domestic tourists visited the Kingdom in 2022, an increase of 198.8% from 2021. In the past year, more Cambodians traveled overseas than ever before, with 970,000 of them, or a growth of 3079.5% from 2021, traveling abroad. (Source: Khmer Times)

CSX plans to list Cellcard and MJQE next week Next week, Cellcard and Mengly J. Quach Education Plc. (MJQE) will be listed on the Main Board of the Cambodia Securities Exchange (CSX), boosting the country's nascent capital market. While MJQE is expected to list on June 28, Cellcard will list on June 27. With this, there will be 11 stock-listed businesses on CSX. The tenth business to list on CSX will be Cellcard, the eighth on the main board. MJQE will join the Main Board as the ninth firm and the eleventh overall. On the CSX Main Board, they will join PWSA, GTI, PPAP, PPSP, PAS, ABC, and PEPC. (Source: Khmer Times)

Draft fintech policy 2023-2028 is reviewed by a ministerial committee The proposed fintech policy for the national government for the years 2023 to 2028 has been examined by a ministerial committee under the direction of Minister of Economy and Finance and Deputy Prime Minister Aun Pornmoniroth. The proposed policy intends to create financial technologies that will assist the banking and financial industry, maintain financial stability, and contribute to the expansion of the economy as a whole. According to a report by the National Bank of Cambodia, mobile payments have significantly increased in the nation as more people switch from cash-based to digital transaction choices in 2022. (Source: Khmer Times)

Corporate News

The opening of two river port terminals by Phnom Penh Autonomous Port Two new river port terminals were opened by Phnom Penh Autonomous Port in the provinces of Tbong Khmum and Prey Veng, which will help increase the effectiveness of agricultural product transportation by water. There are two river port terminals: one in Peam Ro district, Prey Veng province, and another in Tonle Bet commune, Tbong Khmum province. Hey Bavy, Director General, Phnom Penh Autonomous Port, stated this at the inaugural event on June 20, 2023. "The multi-purpose ports will facilitate the efficient delivery of tourism services and provide opportunities for exporters to transport goods faster and at lower costs," he said. (Source: Khmer Times)

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