New government entity to oversee the digital economy in Cambodia

/ June 26, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
458.83 -0.02 45,018 6,959

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 69,032 651
GTI 3,110 0.00 -6.89 -18.16 3,350 3,110 14,960 124
PPAP 14,200 0.00 1.28 1.43 14,420 14,000 5,088 294
PPSP 2,230 -0.45 -4.29 -6.69 2,350 2,230 74,543 160
PAS 12,860 1.10 -3.89 -3.45 13,400 12,720 21,004 1,103
ABC 10,180 -0.20 -0.59 -5.91 10,260 10,180 1,050,462 4,410
PEPC 2,900 -1.69 -4.92 -7.94 3,050 2,900 3,055 217
DBDE 2,220 -0.89 -4.31 -7.11 2,350 2,200 77,253 41
JSL 3,940 0.25 -4.37 -20.56 4,180 3,910 7,562 101
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 6.79 0.62 0.92 15.86
PAS 3Q22 1,568 5,986 8.20 2.15 3.11 14.04
ABC 3Q22 1,702 12,067 5.98 0.84 1.51 NA
PEPC** 2Q22 33 1,468 87.99 1.98 1.00 24.97
DBDE 3Q22 -123 1,426 NA 1.56 0.67 2.43
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

PAS largest gainer, PEPC biggest loser on June 23 On June 23, 2023, the CSX index decreased 0.02% to 458.8 points. The largest gainer for the day was PAS, up 1.10%, while the biggest loser was PEPC, down 1.69%. The majority of main board stocks, including PWSA, GTI, and PPAP, remained unchanged. PPSP and ABC each had a slight decline of 0.45% and 0.20%. On the growth board, JSL rose 0.25% and DBDE fell 0.89%. There were 45,018 shares traded for KHR 449 million in total, a 26.0% decrease from the volume on the previous closing day. (Source: YSC Research)

Economy and Industry

New government entity to oversee the digital economy in Cambodia After Deputy Prime Minister Aun Pornmoniroth made a suggestion to Prime Minister Hun Sen, the Royal Government of Cambodia (RGC) issued a sub-decree to establish the General Department of Digital Economy, which will exclusively function under the Ministry of Economy and Finance (MEF), to direct, regulate, and develop the country's digital economy. According to the five-page sub-decree, the General Department of Digital Economy will conduct research, analyze, track, and assess the evolution and trends of the digital economy in the regional and global contexts, as well as prepare and implement guidelines or technical standards to support the development of the digital economy. (Source: Khmer Times)

Significant increase in permitted construction projects in Cambodia in the first five months During the first five months of 2023, the construction industry in Cambodia received $2.27 billion in investments, a 138% rise over the same period the previous year, according to a senior official on June 23, 2023. Lao Tipseiha, Secretary of State at the Ministry of Land Management, Urban Planning, and development, reported that during the period of January to May of this year, 1,463 development projects received licenses from the Southeast Asian country. According to the official, there are currently 40,917 apartments in Cambodia, 547 new villages and residential complexes, and 2,586 high-rise structures with five to forty stories. (Source: Khmer Times)

Clothing exports from Cambodia to the US fell by 50.32% YoY in January to April 2023 The value of Cambodia's clothing exports to the US in the first four months of 2023 was $643.886 million, a 50.32% decrease from the corresponding period in 2022. With 31.39% of all garment exports, pants and shorts were the main export goods. Despite the reduction, the US continues to be Cambodia's biggest export market, particularly for textiles. 26.50% of Cambodia's total exports of $2,807.546 million during this time period, or $643.886 million, were export to the US. However, this figure represents a 50.32% decrease from the same time in 2022. The value of Cambodia's clothing exports in the first four months of 2022 was $1,497.387 million. (Source: Khmer Times)

Corporate News

Collaboration between Cake Experiential and Aquarii for integrated marketing services In order to provide customers with outstanding additional value, Cake Experiential, a leading experiential marketing agency with a digital-first approach, and business and investment advice firm Aquarii BD have agreed to formally collaborate. With Aquarii's deep market expertise, the cooperation will also highlight the advantages of integrated marketing and publicity services that provide services and insights to businesses and investors on the always changing Cambodian market requirements. Eight years into business in Cambodia, Cake Experiential has a track record of producing cutting-edge and successful marketing tactics. (Source: Khmer Times)

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