Phnom Penh Autonomous Port 上市

简介

Phnom Penh Autonomous Port

Phnom Penh Autonomous Port于2015年12月9日在柬埔寨证券交易所上市。

Phnom Penh Autonomous Port (PPAP) is the largest river port operator and one of the international ports among the two international ports in Cambodia. PPAP is also the port authority in Port Commercial Zone. As the port operator, PPAP provides services on stevedoring, lift on/off, warehousing, inland container depot (ICD), stuffing/un-stuffing, reefer containers, repair/maintenance containers, consolidation/ deconsolidation, and trucking service. As the port authority, PPAP provides services on pilotage, surveying and dredging. PPAP is given the authority to look after the Port Commercial Zone of 166km long. Within the Port Commercial Zone, PPAP operates Seven terminals including 1-Container Terminal LM17, 2-Multipurpose Terminal TS3, 3-Sub-Feeder Multipurpose Terminal TS11, 4-Sub-Feeder Multipurpose Terminal UM2, 5-Passenger and Tourist Terminal TS1, 6-Sub-Feeder Multipurpose Terminal LM26, and 7-Sub-Feeder Multipurpose Terminal UM1.

如需了解更多信息,请访问 www.ppap.com.kh.

公司

关于Phnom Penh Autonomous Port

In 2025, PPAP’s market situation has improved compared to the previous year, as the impacts of war and global economic uncertainty which had affected all sectors have eased slightly, including the transportation sector in Cambodia. PPAP’s main market performance depends heavily on the growth of the country’s real estate and tourism sectors, as well as orders for textile goods from abroad, particularly the United States. Indeed, PPAP's market in 2025 has shown positive growth with the stability of the real estate and textile sectors, and in both regional and international supply chains. As a result, the volume of containers passing through PPAP increased by 25% compared to 2024. The growth in cargo throughput via PPAP in 2025 is attributed to the continued import of construction materials, which accounted for 40% of total imports and an increase of 45% compared to 2024. Garment exports accounted for 66% of total exports, representing a 20% increase compared to 2024. In terms of import origins in 2025, cargoes from Vietnam increased by 56%, Malaysia by 46%, China by 42%, and Korea by 13%, compared to 2024. As for exports, shipments to the United States increased by 43%, China by 14%, Canada by 5% and Japan by 4%, compared to 2024.

董事会

Board of Directors (as of 28 Sep 2026)Title
1. H.E. HEI BavyChairman & CEO of PPAP
2. H.E. SUON RachanaMember (Rep. of Ministry of Public Works & Transport)
3. H.E. KEN SambathMember Member (Rep. of Ministry of Economy & Finance)
4. H.E. PENN SovicheatMember (Rep. of Ministry of Commerce)
5. Mrs. LAY RachanaMember (Independent Director)
6. Mrs. POK PheakdeyMember (Non-Executive Director, Rep. of Private Shareholders)
7. Mr. HUN SokhalayMember (Rep. of PPAP Employees)

主要股东

股东国籍持股数量持股比例
Ministry of Economy and Finance of CambodiaCambodia16,547,49280.00%
Total-16,547,49280.00%

股息政策

The minimum guaranteed dividend yield is 5% of IPO price (KHR 5,120) applicable for at least 5 years after listing and only available for the shareholders of Class A (Voting) shares.

Following approval of the annual financial statement by the Board of Directors, if there is profit, the Board of Directors of PPAP can decide to distribute the profit to:

1. Settle payment for the loss of the previous fiscal year;

2. After settling payment for the loss of the previous fiscal year, and if there is still profit, the Board of Directors may distribute the profit as follows:

A. Appreciation to the management and employees according to the following conditions:

- In case the net profit remains from 5% to 10% of the total operating expense of PPAP in that year, the amount to show appreciation is equivalent to 1 month of the total annual average salary of the management and each employee;

- In case the net profit remains from 10% to 20% of the total operating expense of PPAP in that year, the amount of the bonus is equivalent to 2 months of the total annual average salary of the management and each employee;

- In case net profit remains at a rate exceeding 20% of the total operating expense of PPAP in that year, the amount to show appreciation is equivalent to 3 months of the total annual average salary of the management and each employee.

B. Creation of 5% [of net profit] for legal reserve and 5% of net profit for free reserve;

C. 5% of profit for Corporate Social Responsibility [fund] which will be recorded as expense in the fiscal year when the operating expense is incurred;

D. Profit remaining after the above distribution shall be distributed as dividend to the shareholders according to the resolution of the Board of Directors;

E. The final remaining profit shall be transferred into the development fund of PPAP.

上市信息

公司名称Phnom Penh Autonomous Port
股票代码PPAP
ISIN 代码KH1000040001
行业Port Services
上市股份类型Voting Shares
上市股份数量20,684,365
上市日期2015年12月9日
成立年份1905
员工人数915
承销商Yuanta Securities (Cambodia) Plc.
首个交易日Wed, Dec 09, 2015
IPO 价格5,120
面值4,000
新发行股份4,136,873
首日收盘价5,140

交易数据摘要

年份20252024202320222021
市值295,786286,272289,581289,581304,060
最新价14,30013,84014,00014,00014,700
平均价13,805.0013,720.0014,351.0014,884.0014,087.00
最高价15,48018,30015,52015,98015,720
最低价12,54012,00013,60013,94011,500
日均成交额9.3714.238.0247.3097.49
换手率4.26%6.05%3.65%19.99%72.39%
市盈率3.685.387.695.175.63
市净率0.330.630.690.740.92
股息率2.77 %2.50 %2.47 %-2.26 %
股息支付率10.58%8.78%11.99%7.91%8.46%
每股现金股息396.80345.60345.60-332.80
净资产收益率8.94 %6.48 %4.93 %7.94 %7.62 %
总资产收益率6.74 %4.98 %3.76 %6.13 %5.97 %
负债比率24.57 %23.00 %23.78 %22.77 %21.62 %
流动比率108.91 %173.00 %144.49 %348.67 %335.71 %

财务摘要

年份20252024202320222021
总资产1,224,924.001,076,084.001,040,884.001,012,482.00895,806.95
物业、厂房及设备637,080.00529,608.00517,390.00443,125.00420,959.80
流动资产68,909.0080,540.0049,644.00128,661.0096,810.90
存货3,798.003,194.003,275.002,944.00-
应收账款27,770.0028,321.0028,684.0034,166.0020,918.04
现金16,386.0048,307.0015,925.0091,409.0075,836.29
股东权益合计903,165.00832,519.00796,760.00768,400.00705,442.29
股本457,814.00457,814.00457,814.00457,814.00457,814.00
留存收益79,886.0054,230.0040,091.0059,527.0051,686.01
负债合计321,759.00243,565.00244,123.00244,082.00190,364.67
流动负债321,759.0046,431.0034,358.0036,901.0028,837.60
应付账款36,156.0023,981.0012,347.0013,311.009,752.78
营业收入201,803.00169,305.00142,035.00148,816.00125,228.15
毛利128,603.00104,939.0088,267.0097,958.0085,315.71
息税前利润95,860.002,550.0049,508.0079,844.0068,566.64
净利润77,553.0052,750.0038,606.0058,498.0051,695.46
每股收益3,749.002,550.001,866.432,878.002,500.00
经营活动现金流128,06292,00460,26862,33989,737
投资活动现金流(209,330)(41,110)(52,237)(46,023)(57,306)
筹资活动现金流49,512(17,906)(17,466)(18,409)(16,693)
现金净流量(31,756)32,988(9,435)(2,092)15,991
审计机构KPMG Cambodia LTDKPMG Cambodia LTDKPMG Cambodia LTDBDO Cambodia LimitedBDO Cambodia Limited

* Data as of the end of 2026 unless otherwise stated.

信息披露

来源:柬埔寨证券交易所(CSX)—— csx.com.kh