Price movement over the last 24 hours
Arita Prima Indonesia Tbk vs Krakatau Steel (Persero) Tbk. — how do they compare? Arita Prima Indonesia Tbk trades at Rp182 (market cap 200.09B, 17.2K 24h volume), while Krakatau Steel (Persero) Tbk. trades at Rp216 (market cap 4.18T, 16.47M 24h volume). The key difference: Krakatau Steel (Persero) Tbk. is far larger — about 20.9× Arita Prima Indonesia Tbk's market cap, and Krakatau Steel (Persero) Tbk. is more actively traded (16.47M versus 17.2K). Which is the better fit depends on your goals.
| APII | KRAS | |
|---|---|---|
Market Cap | 200.09B | 4.18T |
Volume | 17.2K | 16.47M |
Lot | 172 | 164.67K |
Turnover | 3.14M | 3.58B |
Average Price | 182.51 | 217.23 |
Value | 3.14M | 3.58B |
Indicative Equilibrium Price | — | 216 |
Indicative Equilibrium Volume | — | 725 |
Trailing returns across standard periods
Latest headlines on both assets
PT Arita Prima Indonesia Tbk (the Company) was established on October 5, 2000. Since its founding in 2000, the company initially marketed under the brand Arita valve products manufactured by Unimech Group, a multinational business group from Malaysia that specializes in construction services and valve manufacturers, as well as supporting products. The Company is the only company that was granted by the relevant manufacturers in the distribution and marketing in Indonesia, for valve products from leading manufacturers in the world with brands Arita from Malaysia, RK Marine from China, and KVC from Japan.
Read more on APII →PT Krakatau Steel (Persero) was established on August 31, 1970 as a result of Indonesian Government Regulation No. 35 in the year 1970 regarding is equity establishment. The establishment of this steel industry was started by utilizing the left over machinery of the former Russian initiated Trikora Steel Project, mainly on cold wire drawing, bar mill, and section mill.These plants were officially opened by the President of Republic Indonesia in 1977.In 1979, the operation of the facilities such as direct reduction plant (with the capacity of 1.5 million tons per annum), billet steel plant (with the capacity of 500,000 tons per annum), wire rod mill (with the capacity of 220,000 tons per annum) and infrastructure such as a steam power plant (400MW), water purifying installation, port of Cigading and telecommunications system were officially opened.In 1983 relatively large scale plants also formally started their operation, they are slab steel plant and hot strip mill.This was followed in 1991 by a merger of a cold rolling mill plant in Cilegon industrial zone, to become the production unit of PT Krakatau Steel (Persero).
Read more on KRAS →