Bank Pembangunan Daerah Jawa Timur Tbk vs Hexindo Adiperkasa Tbk. — how do they compare? Bank Pembangunan Daerah Jawa Timur Tbk trades at Rp515 (market cap 7.58T, 7.89M 24h volume), while Hexindo Adiperkasa Tbk. trades at Rp4,360 (market cap 3.65T, 203K 24h volume). The key difference: Bank Pembangunan Daerah Jawa Timur Tbk is far larger — about 2.1× Hexindo Adiperkasa Tbk.'s market cap, and Bank Pembangunan Daerah Jawa Timur Tbk is more actively traded (7.89M versus 203K). Which is the better fit depends on your goals.
| BJTM | HEXA | |
|---|---|---|
Market Cap | 7.58T | 3.65T |
Volume | 7.89M | 203K |
Lot | 78.94K | 2.03K |
Turnover | 4.01B | 883.83M |
Average Price | 507.6 | 4,353.85 |
Value | 4.01B | 883.83M |
Indicative Equilibrium Price | 515 | 4,360 |
Indicative Equilibrium Volume | 280 | 9 |
Trailing returns across standard periods
Latest headlines on both assets
PT Bank Pembangunan Daerah Jawa Timur Tbk (the Bank) was established under the name of PT Bank Pembangunan Daerah Djawa Timur dated August 17, 1961. The Bank started its commercial operations in accordance with the Decision Letter of the Minister of Finance of the Republic of Indonesia No. BUM 9-4-5 on August 15, 1961. The Sharia Operating Unit started its commercial operations on August 21, 2007 in accordance with the approval letter from Bank Indonesia No. 9/75/DS/Sb dated April 4, 2007 for the establishment of the Bank's Sharia Unit.
Read more on BJTM →PT Hexindo Adiperkasa Tbk (the Company) was established on November 28, 1988 based on notarial deed No.37 of Mohamad Ali. The deed of establishment was approved by the Ministry of Justice in its decision letter No. C2-4389.HT.01.01.TH.89 dated May 12, 1989 and was published in Supplement No. 1251 of the State Gazette No.54 dated July7, 1989. Presently, the Company acts as a distributor of certain heavy equipment and related spare parts with the trademark of Hitachi, John Deere and Ammann. The Company’s registration statement for the public offering of its 10 million shares of stocks (with Rp 1000 per value per share) at on offer price of Rp 2,800 per share become affective in accordance with the letter No.S-1958/PM/1994 dated December 5, 1994 issued by the Chairman of the Capital Market Supervisory Agency (BAPEPEAM). The excess of the proceeds over the par value of the shares of stock was recorded as “Capital paid in excess of par value”. The Company’s registration statement for the first limited public offering of 42 million shares to stockholders with pre-emptive rights (with Rp 1,000 per value per share) at an offer price of Rp 1,000 per share became effective in accordance with the letter No.S-1264/PM/1998 dated June 19, 1998 issued by the Chairman of BAPEPAM.
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