Price increases for rice in the last three years

/ July 25, 2023

CSX Stocks


CSX Index

Value 1D % Chg 1D Vol Mkt Cap (KHR'bn)
496.43 -0.70 227,227 6,943

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 7,460 -0.27 -0.53 -1.32 7,500 7,400 34,788 649
GTI 3,100 0.00 0.32 -18.42 3,140 3,070 42,617 124
PPAP 14,160 0.71 -1.12 1.14 14,360 14,000 9,040 293
PPSP 2,300 -0.43 5.02 -3.77 2,350 2,140 247,280 165
PAS 12,900 -0.62 -0.46 -3.15 13,040 12,820 45,519 1,106
ABC 10,120 0.00 -0.59 -6.47 10,180 10,100 788,267 4,384
PEPC 2,960 -0.67 2.07 -6.03 3,080 2,800 16,322 222
DBDE 2,170 -0.91 -1.36 -9.21 2,270 2,140 153,028 40
JSL 3,330 -1.19 -13.05 -32.86 3,890 3,280 20,727 86
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 6.01 0.76 1.87 8.29
GTI 3Q22 178 7,138 17.44 0.43 0.27 61.83
PPAP 3Q22 2,897 18,416 4.89 0.77 1.98 5.41
PPSP 3Q22 328 3,576 7.00 0.64 0.95 16.21
PAS 3Q22 1,568 5,986 8.22 2.15 3.12 14.08
ABC 3Q22 1,702 12,067 5.95 0.84 1.51 NA
PEPC** 2Q22 33 1,468 89.81 2.02 1.03 25.22
DBDE 3Q22 -123 1,426 NA 1.52 0.65 2.38
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

Main board equities mostly decline, PPAP only gainer The CSX index dropped 0.70% to 496.4 points on July 25, 2023. PWSA, PPSP, PAS, and PEPC all experienced declines of 0.27%, 0.43%, 0.62%, and 0.67%, respectively. GTI and ABC are the main board equities that remain unchanged. Today's only gainer is PPAP, which is up 0.71%. Both DBDE and JSL are down by 0.91% and 1.19%, respectively, on the growth board. 227,227 shares were traded for KHR 1,203 million, an increase of 84.4% over the day before's closing volume. (Source: YSC Research)

Economy and Industry

Price increases for rice in the last three years According to a statement released by the Ministry of Agriculture, Forestry and Fisheries (MAFF), prices for dry-season rice paddies in IR and OM have surged to their highest levels in 2023, reaching 1,047 riel per kg and 1,029 riel per kg, respectively. In the meantime, the cost of agricultural fertilizers has gradually decreased since January 2023, with the price of uric fertilizers dropping to $23.5 per bag from $35 per bag, the cost of DAP fertilizers dropping to $36 per bag from $42 per bag, and the cost of some crop protection substances, including atrazine 80 percent WP, glyphosate 48 percent SL, 2.4. D 72 percent SL, mancozeb 80 percent WP, and acephate, also declining. (Source: Khmer Times)

Exports of rubber rise by 42.1% H1 According to the most recent trade data from the General Department of Customs and Excise (GDCE), Cambodia earned $324 million from the exports of natural rubber and rubber products in the January to June half-year (H1) period of 2023, a rise of 42.1% compared to the same time last year. From the export of goods made of rubber, Cambodia only made $228 million from January to June 2022. The increase in exports of rubber this year is particularly noteworthy given that overall exports from Cambodia increased by just under 8% from June 2022 to June 2023. It should be mentioned that in 2022, Cambodia exported $541.66 million worth of rubber and rubber-related products, an increase of 28.3% from the previous year. (Source: Khmer Times)

In 15 years, Cambodia's energy supply has increased ninefold Due to increased investment in the construction of energy infrastructure, Cambodia's energy supply has increased nine times over the course of the last 15 years, from 490 MW in 2008 to 4,495 MW in 2022. According to a study from the Electricity Authority of Cambodia (EAC), the amount of energy available in 2022 grew by 12.6% from 3,990 megawatts the previous year. According to EAC, as of the previous year, 14,168 out of those communities had access to electricity, or 98.27%. The Master Power Development Plan 2022-2040 estimates that up until 2040, Cambodia would require investments of about $9 billion to build new power plants and expand its national systems. (Source: Khmer Times)

Corporate News

Casino earnings at NagaCorp rose 57% to $83M NagaCorp Ltd., a casino operator and developer with its flagship NagaWorld integrated resort in Phnom Penh listed on the Hong Kong Stock Exchange, reported strong financial results in the six months leading up to June 30. It largely credited this to the return of ASEAN tourists and Chinese business visitors to the Kingdom. The company reported "a positive business recovery during the period" and "steady year-on-year growth across key financial metrics" in its interim financial report on July 19. EBITDA (profits before interest, taxes, depreciation, and amortization) climbed 10.1% to $143.2 million, while gross gaming revenue (GGR) increased 7.9% year over year to $252.3 million. (Source: The Phnom Penh Post)

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