Bank Aladin Syariah Tbk vs Citatah Tbk. — how do they compare? Bank Aladin Syariah Tbk trades at Rp278 (market cap 4.08T, 2.26M 24h volume), while Citatah Tbk. trades at Rp112 (market cap 142.78B, 9.21M 24h volume). The key difference: Bank Aladin Syariah Tbk is far larger — about 28.6× Citatah Tbk.'s market cap, and Citatah Tbk. is more actively traded (9.21M versus 2.26M). Which is the better fit depends on your goals.
| BANK | CTTH | |
|---|---|---|
Market Cap | 4.08T | 142.78B |
Volume | 2.26M | 9.21M |
Lot | 22.63K | 92.09K |
Turnover | 626.33M | 1.02B |
Average Price | 276.73 | 111.03 |
Value | 626.33M | 1.02B |
Indicative Equilibrium Price | 278 | 112 |
Indicative Equilibrium Volume | 223 | 1.28K |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank Net Indonesia Syariah Tbk (the “Bank”) formerly PT Bank Maybank Syariah Indonesia was established based on Deed No.58 dated September 16, 1994 and ammanded No.135 dated October 17, 1994, of Achmad Abid, S.H. The bank changed its name from the previous name "PT Maybank Nusa International" to "PT Bank Maybank Indocorp ". The bank again changed its name from "PT Bank Maybank Indocorp" to "PT Bank Maybank Syariah Indonesia ”(Maybank Syariah) in line with the change in business from conventional commercial banks become a sharia commercial bank. The bank again changed its name, most recently changed to "PT Bank Net Indonesia Syariah" based on Deed of Statement of Shareholders' Decisions taken outside the Company Meeting No. 5 dated July 3 2019, made before Aliya S. Azhar, S.H., M.H., M.Kn., Notary in Jakarta.
Read more on BANK →Citatah was the first private company to develop Indonesia’s marble resources, and has been involved in the extraction and processing of marble for twenty five years. Established in 1974, the company began mining began mining beige marble from its quarry near Bandung, and subsequently achieved a dominant market position for its material in Indonesia. In January 1996, the company acquired a 90% shareholding in PT Quarindah Ekamaju Marmer, a marble company with quarries and a modern processing plant in Singkep, South Sulawesi. Soon after, Citatah acquired a license to mine an additional quarry at Pingkep, which increased the company’s potential raw material output to 60,000 cubic meters a year. In 1998, Citatah opened its Special Projects Centre at Karawang, East of Jakarta. This processing facility comprises a marble and granite slab cutting and polishing factory alongside a design and fabrication factory, which houses a variety of specialist cutting, shaping and finishing machinery. The special projects center is considered to be one of the most modern and complete stone fabrication factories in the world. In 1999, Citatah began excavation at a 50 hectare quarry site in West Timur. This new quarry produces a unique and attractive beige marble which will become the company’s principal export product for the new millennium. Work has already begun on the necessary infrastructure to fully develop the quarry site. An international sales network of agents and representatives supports Citatah’s production, and a majority owned sales subsidiary, UGMC Inc., in California, USA. In 1999, three quarters of the company’s production was exported, mainly to markets in the Asia Pacific region and the US, an overseas revenues accounted for over 90% of Total Sales, and in 2000, 75% of Total Sales.
Read more on CTTH →