Apparel imports from Cambodia to Spain increase by 19% to $326.5 million

/ June 28, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
454.03 -0.98 637,325 6,958

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 73,835 651
GTI 3,080 -0.32 -7.78 -18.95 3,300 3,080 15,332 123
PPAP 14,360 0.98 2.43 2.57 14,420 14,020 5,183 297
PPSP 2,200 -0.90 -5.58 -7.95 2,340 2,200 106,914 158
PAS 12,820 0.00 -4.19 -3.75 13,400 12,720 23,418 1,100
ABC 10,180 0.00 -0.59 -5.91 10,260 10,180 1,165,475 4,410
PEPC 2,940 1.38 -3.61 -6.67 3,050 2,900 3,709 220
DBDE 2,200 0.46 -5.17 -7.95 2,320 2,190 94,163 41
JSL 3,800 -2.31 -7.77 -23.39 4,180 3,800 10,196 98
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 17.33 0.43 0.27 61.51
PPAP 3Q22 2,897 18,416 4.96 0.78 2.00 5.47
PPSP 3Q22 328 3,576 6.70 0.62 0.91 15.72
PAS 3Q22 1,568 5,986 8.17 2.14 3.10 14.01
ABC 3Q22 1,702 12,067 5.98 0.84 1.51 NA
PEPC** 2Q22 33 1,468 89.21 2.00 1.02 25.13
DBDE 3Q22 -123 1,426 NA 1.54 0.66 2.41
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 falls, GTI and PPSP decline, PPAP and PEPC rise On June 28, 2023, the CSX index decreased 0.98% to 454.0 points. GTI and PPSP both had declines of 0.32% and 0.90%, respectively. PPAP and PEPC, on the other hand, rose by 0.98% and 1.38%, respectively. The other main board stocks, PAS and ABC, remained unchanged. On the growth board, JSL fell 2.31% and DBDE gained 0.46%. A total of 637,325 shares were traded for KHR 1,887 million, a 16.3% rise from the previous closing day's volume. (Source: YSC Research)

Economy and Industry

Apparel imports from Cambodia to Spain increase by 19% to $326.5 million Spain's imports of clothing from Cambodia, which saw significant rise the previous year, have maintained their upward trend in the first four months of this year. From January to April of this year, imports significantly increased by 19.2% to $326.6 million from the same time last year. During the first four months of 2022, Spain imports in $274 million worth of clothing. Compared to the $180.8 million in imports from January to April of 2021, this amounts to a 51.6% rise. Cambodia ranked fourth among all countries that supplied clothing to Spain in the first four months of this year. Spain brought in 5% of its clothing during this time from Cambodia. (Source: Khmer Times)

Leading telecommunications provider listed on the CSX On Tuesday, June 28, 2023, telecom provider CAMGSM Plc., also known as Cellcard to users, made its debut on the Cambodia Securities Exchange (CSX) with an initial public offering (IPO) that raised $5.28 million. The business issued 9,271,206 shares. A news release stated that each share was 2,270 riels ($0.57) in price. The IPO sales generated $5.28 million in revenue. According to Cellcard CEO Simon Perkins, IPO revenues will be used to expand network coverage, improve service quality, develop new products aimed at boosting consumers' digital lifestyles, and get ready for the coming technical advancements, such as super-fast 5G communications. (Source: Khmer Times)

Exports of electric equipment rose 96% in the first five months According to preliminary Customs (GDCE) data in "International Merchandise Trade Statistics" bulletins, Cambodia earned $1.253 billion from the export of "electrical, electronic equipment" in the first five months of 2023, up 95.98% year over year from $639.600 million and up 33.43% half over half from $939.45 million. Vice-president of the Cambodia Chamber of Commerce Lim Heng expressed the opinion that the Kingdom's historically high reliance on exports of textile-related goods is being reduced as the country moves toward becoming a manufacturing hub for electrical and electronic equipment. (Source: The Phnom Penh Post)

Corporate News

Operating profit for PPAP Q1 was 9.73 billion riels The Phnom Penh Autonomous Port (PPAP) reported that its operating profit for the first quarter of 2023 that ended on March 31 fell 48.52% to 9.73 billion riels from 18.90 billion riels for the same quarter the year before. The state-owned public company said in a filing to the Cambodia Securities Exchange that a drop in cargo throughput was the cause of a decline in revenue, operating profit, and net profit. The cost of services as well as administrative and general expenses went up. PPAP, which went public on CSX on December 9, 2015, also reported a 44.71% decline in net earnings to 7.95 billion riels from 14.39 billion riels for the same quarter in 2022. (Source: Khmer Times)

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