Listing of JS LAND PLC
Profile
JS LAND PLC was listed on the Cambodia Securities Exchange on 10 February 2022.
JS Land was incorporated on 12 December 2014 as a private limited company under the Law on Commercial Enterprises of Cambodia. The company was subsequently converted into a public limited company and adopted its presence name on 13 May 2021 to facilitate the IPO.
Our primary mission is to build homes that meet the needs of the Cambodian people and to deliver properties with quality that inspire and enrich the lives of the homeowners. By insisting on continually adopting start-of-the-art construction technologies and latest architectural design trends, it is the Company’s vision that all Cambodians are able to own genuine and affordable home of the finest workmanship.
For more information, please visit www.jslandplc.com.
Company
About JS LAND PLC
JS LAND PLC was among the pioneers to introduce affordable condominium project in Phnom Penh. JS LAND PLC launched its first condominium in Sen Sok in 2015. It was completed and handed over to its buyers in 2019.
Building on the success of The Garden Residency 1, JS LAND PLC launched The Garden Residency 2 in 2020 and a topping-off ceremony was successfully held in 2022. The project is finally completed ahead of the schedule and issue to handover to its buyers from August 2023 onwards.
Board of Directors
| Board of Directors (As of 10 February 2022) | Title |
|---|---|
| 1. Oknha Koy Le San | Executive Chairman |
| 2. Dato' Yap Ting Chiat | Chief Executive Officer |
| 3. Oknha Meng Lee | Non-Executive Director |
| 4. Mr. Tang Chun Kiu | Non-Executive Director |
| 5. Mr. Yap Maow Jun | Non-Executive Director |
| 6. Mr. Yap Teng Wui | Non-Executive Director |
| 7. Mr. Tang Chat Tong | Non-Executive Director |
| 8. Mr. Tan Ser Chhay | Independent Director |
| 9. Dato' Tan Teck Zin | Independent Director |
Substantial Shareholders
| Shareholder | Nationality | Number of Shares | % of Shares |
|---|---|---|---|
| Dato’ Yap Ting Chiat | Malaysia | 6,359,517 | 24.74% |
| Oknha Koy Le San | Cambodian | 6,306,718 | 24.53% |
| Nordest Asia Capital Co., Ltd. | Malaysian | 2,571,000 | 10.00% |
| Oknha Meng Lee | Cambodia | 1,695,791 | 1.60% |
| Kin Solyta | Cambodian | 1,695,791 | 1.60% |
| CT Development PPC Limited | Hong Kong | 1,285,500 | 5.00% |
| Phrontier Capital Co., Ltd. | Singaporean | 1,285,500 | 5.00% |
| Total | - | 21,199,817 | 72.47% |
Dividend Policy
The ability of the Company to pay dividends or make other distributions to our shareholders is subject to various factors, such as having profits and excess funds not required to fund our business.
Our Directors will consider the following factors, amongst others, when recommending dividends for approval by our shareholders or when declaring any interim dividends:-
(i) our level of cash and retained earnings;
(ii) our expected financial performance;
(iii) our projected levels of capital expenditure and other investment plans;
(iv) our working capital requirements; and
(v) any contractual restrictions and/or commitments.
Any dividend declared will be subject to the recommendation of our Board and subject to the approval of our shareholders’ our annual general meeting.
n this regard, it is our intention to recommend and request for distributing a minimum dividend of twenty present (20.00%) of our PAT, subject to the conditions as set out above.
Notwithstanding the above, the investor should note that the intention to recommend dividends should not be treated as a legal obligation on our Company to do so. The level of dividends should also not be treated as an indication of our future dividend policy. There is no assurance that dividend will be paid out in the future or on timing of any dividends that are to be paid in the future. In determining dividend in respect of subsequent financial years, consideration will be given to maximize shareholders’ value.
Listing Information
| Company Name | JS LAND PLC |
|---|---|
| Symbol | JSL |
| ISIN Code | KH1000160007 |
| Industry | Condo Developer |
| Type of Listed Share | Voting Shares |
| Listed Shares | 25,710,000 |
| Listing Date | 10 February 2022 |
| Inception Year | 2014 |
| Number of Staff | 18 |
| Underwriter | RHB Securities (Cambodia) Plc |
| First Trading Date | Feb 10, 2022 |
| IPO Price | 1,900 |
| Par Value | 100 |
| Newly Issued Shares | 8,281,000 |
| First Closing Price | 2,420 |
Trading Data Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Market Capitalization | 63,247 | 87,928 | 113,124 | 127,522 | - |
| Last Price | 2,460 | 3,420 | 4,400 | 4,960 | - |
| Average Price | 2,871.00 | 3,718.00 | 3,846.00 | 4,634.00 | - |
| High | 3,440 | 4,680 | 4,960 | 7,500 | - |
| Low | 2,380 | 3,140 | 2,210 | 2,420 | - |
| Trading Value per Day | 3.81 | 3.32 | 13.20 | 23.53 | - |
| Turnover Ratio | 7.99% | 5.07% | 17.68% | 27.57% | - |
| P/E | - | 13.81 | 13.81 | - | - |
| P/BV | 9.26 | 7.42 | 7.42 | 15.56 | - |
| Dividend Yield | 9.26 % | 2.27 % | - | - | - |
| Dividend Payout Ratio | 84.37% | 84.37% | - | - | - |
| Cash Dividend per Share | 77.79 | 77.79 | - | - | - |
| ROE | (127.86%) | 16.00 % | 61.00 % | (94.00%) | - |
| ROA | (11.40%) | 3.00 % | 9.00 % | (10.00%) | - |
| Debt Ratio | 10.21 % | 83.00 % | 86.00 % | 90.00 % | - |
| Current Ratio | 102.24 % | 161.00 % | 100.00 % | 150.00 % | - |
Financial Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total Assets | 76,574.00 | 102,893.00 | 93,388.00 | 68,874.00 | 41,448.00 |
| Property, Plant & Equipment | 3,129.00 | 3,193.00 | 2,860.00 | 2,782.00 | 2,711.00 |
| Current Assets | 25,485.00 | 58,249.00 | 36,775.00 | 65,965.00 | 38,354.00 |
| Inventory | 18,332.00 | 16,919.00 | 18,947.00 | 314.00 | 311.00 |
| Accounts Receivable | 4,922.00 | 6,283.00 | 1,885.00 | 326.00 | 79.00 |
| Cash | 642.00 | 565.00 | 852.00 | 1,110.00 | 846.00 |
| Total Equity | 6,828.00 | 17,618.00 | 15,248.00 | 8,197.00 | 2,983.00 |
| Share Capital | 2,571.00 | 2,571.00 | 2,571.00 | 2,571.00 | 2,000.00 |
| Retained Earnings | -5,249.00 | 5,482.00 | 2,858.00 | -4,300.00 | 950.00 |
| Total Liabilities | 69,746.00 | 85,274.00 | 78,140.00 | 60,677.00 | 38,465.00 |
| Current Liabilities | 69,746.00 | 36,119.00 | 36,894.00 | 43,924.00 | 30,282.00 |
| Accounts Payable | 10,483.00 | 16,432.00 | 24,042.00 | 9,490.00 | 10,747.00 |
| Revenue | 5,068.00 | 17,985.00 | 68,953.00 | - | 5,462.00 |
| Gross Profit | 1,060.00 | 6,988.00 | 16,366.00 | - | 2,298.00 |
| EBIT | (8,629.00) | 2,812.00 | 8,158.00 | (5,212.00) | 234.00 |
| Net Income | (8,730.00) | 2,624.00 | 7,158.00 | (5,250.00) | 101.00 |
| EPS | (339.00) | 102.00 | 278.44 | (212.21) | 7.99 |
| Operating Cash Flow | 1,649 | (799) | (5,177) | (24,081) | (3,798) |
| Investing Cash Flow | 1,674 | (14,567) | (3,885) | (108) | (128) |
| Financing Cash Flow | (3,245) | 15,089 | 8,812 | 24,443 | 3,849 |
| Net Cash Flow | 78 | (277) | (250) | 254 | (77) |
| Auditing Firm | Grant Thornton (Cambodia) Limited | Grant Thornton (Cambodia) Limited | Grant Thornton (Cambodia) Limited | Grant Thornton (Cambodia) Limited | Grant Thornton (Cambodia) Limited |
* Data as of the end of 2023 unless otherwise stated.
Disclosures
- 12 August 2026[Disclosure] Second Quarterly Report 2026 of JS LAND PLC. (Unofficial Translation)
- 7 August 2026[Disclosure] Decrease in Operating Profit/ Loss (Unofficial Translation)
- 7 August 2026[Disclosure] Impairment of More Than 50% of Entire Capital (Unofficial Translation)
- 12 June 2026[Disclosure] Change of Board of Director (Unofficial Translation)
- 12 June 2026[Disclosure] Decision on Non-Dividend Distribution (Unofficial Translation)
- 12 June 2026[Disclosure] Press Release on the Minutes of the General Shareholders’ Meeting (Unofficial Translation)
- 15 May 2026[Disclosure] The First Quarterly Report 2026 of JS LAND PLC. (Unofficial Translation)
- 13 May 2026[Disclosure] Increase in Revenue (Unofficial Translation)
- 28 April 2026[Disclosure] Decision on Organizing of General Shareholders Meeting (Unofficial Translation)
- 2 April 2026[Disclosure] Decrease in Revenue (Unofficial Translation)
Source: Cambodia Securities Exchange (CSX) — csx.com.kh