Clipan Finance Indonesia Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Clipan Finance Indonesia Tbk. trades at Rp334 (market cap 1.33T, 337.4K 24h volume), while Merdeka Battery Materials Tbk. trades at Rp530 (market cap 56.16T, 21.42M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 42.2× Clipan Finance Indonesia Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (21.42M versus 337.4K). Which is the better fit depends on your goals.
| CFIN | MBMA | |
|---|---|---|
Market Cap | 1.33T | 56.16T |
Volume | 337.4K | 21.42M |
Lot | 3.37K | 214.21K |
Turnover | 112.64M | 11.21B |
Average Price | 333.84 | 523.44 |
Value | 112.64M | 11.21B |
Indicative Equilibrium Price | 336 | 525 |
Indicative Equilibrium Volume | 16 | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Merdeka Battery Materials Tbk (formerly PT Hamparan Logistik Nusantara) (the “Company”) was established based on Notarial Deed No. 66 of Darmawan Tjoa, S.H., S.E., Notary in Jakarta, dated 20 August 2019. The Company’s immediate parent entity is PT Merdeka Energi Nusantara (formerlyPT Batutua Tambang Abadi) (“MEN”) and its ultimate parent entity is PT Merdeka Copper Gold Tbk (“MDKA”), a company incorporated in Indonesia and listed on the Indonesian Stock Exchange (“IDX”).
Read more on MBMA →