FDI in Cambodia rise by 9% in the first quarter to $45.8 billion

/ July 17, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
505.43 -0.33 214,173 6,956

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 7,500 0.00 0.00 -0.79 7,500 7,400 25,640 652
GTI 3,070 -0.97 -0.65 -19.21 3,170 3,070 32,785 123
PPAP 14,240 0.56 -0.56 1.71 14,360 14,000 5,749 295
PPSP 2,250 0.00 2.74 -5.86 2,350 2,140 211,840 162
PAS 13,040 0.46 0.62 -2.10 13,040 12,720 7,970 1,118
ABC 10,120 0.00 -0.59 -6.47 10,220 10,100 610,998 4,384
PEPC 2,970 1.02 2.41 -5.71 3,080 2,800 15,080 223
DBDE 2,180 -0.46 -0.91 -8.79 2,270 2,140 132,018 40
JSL 3,550 -3.01 -7.31 -28.43 3,960 3,370 15,650 91
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 6.04 0.76 1.88 8.30
GTI 3Q22 178 7,138 17.27 0.43 0.27 61.35
PPAP 3Q22 2,897 18,416 4.92 0.77 1.99 5.43
PPSP 3Q22 328 3,576 6.85 0.63 0.93 15.96
PAS 3Q22 1,568 5,986 8.31 2.18 3.16 14.19
ABC 3Q22 1,702 12,067 5.95 0.84 1.51 NA
PEPC** 2Q22 33 1,468 90.12 2.02 1.03 25.26
DBDE 3Q22 -123 1,426 NA 1.53 0.65 2.39
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

Stock market sees mixed trading on July 17 On July 17, 2023, the CSX index dropped 0.33% to 505.4 points. A rise of 0.56%, 0.46%, and 1.02%, respectively, is seen in PPAP, PAS, and PEPC. While PWSA, PPSP, and ABC did not change, GTI is the only main board stock to close lower with a decrease of 0.97%. JSL and DBDE saw declines of 3.01% and 0.46 %, respectively, on the growth board. 214,173 shares were traded for KHR 868 million, an increase of 0.2% from the previous day's closing volume. (Source: YSC Research)

Economy and Industry

FDI in Cambodia rise by 9% in the first quarter to $45.8 billion The National Bank of Cambodia (NBC) annouced that as of the first quarter of 2023, there were 185.7 trillion Riel ($45.8 billion) in foreign direct investment (FDI) in Cambodia. According to a press release from the NBC, FDI increased by 9% over the same time previous year. According to the source, China, South Korea, Singapore, Japan, Vietnam, Malaysia, Thailand, and the United Kingdom were the key countries providing FDI with capital. The primary economic sectors receiving the investment influx were finance, manufacturing, real estate, lodging, agriculture, hydropower, and construction. (Source: Khmer Times)

In H1, the government received more than $2 billion in tax revenue The General Department of Taxation's online revenue management system reports that taxes were collected totaling 8,393.17 trillion riels ($2.072 billion) in the first half of 2023. Actual tax income for the month of June 2023 was 995.01 billion Riels, or roughly $245.68 million. The General Department of Taxation collected almost $3.455 billion in 2022, which is equal to 122.54% of the annual financial statute for that year, or more than $667.34 million, or 23.96%. The goal is to bring in $3.571 billion in income in 2023. (Source: Khmer Times)

Chinese investment in Cambodia increases with a nearly 65% share According to the Council for the Development of Cambodia (CDC), 113 new investment and growth projects totaling roughly 1.1 billion USD in registered capital were approved in the first half of this year, with nearly 65% of those funds coming from Chinese investors. Local investors made up about 20% of the registered capital throughout the six-month period, according to the CDC data. The report added that the industrial sector accounted for the most projects, with 102 (90.27%), followed by agriculture and agro-industry (7), tourism (3), and infrastructure (1). These initiatives are anticipated to create roughly 122,000 new jobs. (Source: Khmer Times)

Corporate News

The Belgian Investment Company lends $15 million to AMK Microfinance The government-owned organization BIO, commonly known as the Belgian Investment Company for Developing Countries, recently funded Angkor Microheranhvatho Kampuchea (AMK), a Cambodian company, $15 million. In accordance with the Sustainable Development Goals (SDGs) of the UN, BIO was established in 2001 with the mission "to support a strong private sector in developing and emerging countries, to enable them to access growth and sustainable development." According to its 2022 annual report, BIO has EUR 1.1 billion ($1.2 billion) in total assets and EUR 508 million ($639 million) in outstanding investments. (Source: Khmer Times)

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