Indo Kordsa Tbk vs Clipan Finance Indonesia Tbk. — how do they compare? Indo Kordsa Tbk trades at Rp4,550 (market cap 2.01T, 1.2K 24h volume), while Clipan Finance Indonesia Tbk. trades at Rp334 (market cap 1.35T, 1.21M 24h volume). The key difference: Indo Kordsa Tbk is the larger of the two by market cap, and Clipan Finance Indonesia Tbk. is more actively traded (1.21M versus 1.2K). Which is the better fit depends on your goals.
| BRAM | CFIN | |
|---|---|---|
Market Cap | 2.01T | 1.35T |
Volume | 1.2K | 1.21M |
Lot | 12 | 12.08K |
Turnover | 5.46M | 405.5M |
Average Price | 4,551.67 | 335.68 |
Value | 5.46M | 405.5M |
Indicative Equilibrium Price | — | 334 |
Indicative Equilibrium Volume | — | 3.03K |
Trailing returns across standard periods
Latest headlines on both assets
PT Indo Kordsa Tbk (the Company) was established in 1981 in Jakarta, PT Branta Mulia Tbk was South East Asian’s first tire cord fabric manufacturer. The Branta Mulia Group has since expanded its vertical integration to include the production facilities of nylon 66 and polyester tire yarns used in the manufacture of tire cord fabrics. The company’s production process applies state of the art technologies in its Indonesian and Thailand tire cord fabric plants. PT Branta Mulia Tbk became a publicly listed company in 1990 when its shares were initially listed on the Jakarta and Surabaya Stock Exchanges. All of the company’s issued shares have been de-listed from PT Bursa Efek Surabaya effective from 5 September 1999.
Read more on BRAM →PT Clipan Finance Indonesia Tbk (the Company) was established on January 15, 1982 based on the notarial deed No.47 of Kartini Muljadi SH. The Deed of establishment was approval by the Ministry of Justice with his decision letter No. C2-396-HT.01Th.82 on August 2, 1982 and was published on State Gazette No.79 dated October 1, 1982, Supplement No.1189. The article of association have been change several times, most recently on June 29 1998 concerning among others, the change in the Authorized capital and par value of share. The Company is located in Jakarta and the branches is in Denpasar. The Company is affiliated by Panin Group.
Read more on CFIN →