Clipan Finance Indonesia Tbk. vs Paninvest Tbk. — how do they compare? Clipan Finance Indonesia Tbk. trades at Rp332 (market cap 1.33T, 163.3K 24h volume), while Paninvest Tbk. trades at Rp740 (market cap 2.99T, 18.5K 24h volume). The key difference: Paninvest Tbk. is far larger — about 2.2× Clipan Finance Indonesia Tbk.'s market cap, and Clipan Finance Indonesia Tbk. is more actively traded (163.3K versus 18.5K). Which is the better fit depends on your goals.
| CFIN | PNIN | |
|---|---|---|
Market Cap | 1.33T | 2.99T |
Volume | 163.3K | 18.5K |
Lot | 1.63K | 185 |
Turnover | 54.58M | 13.43M |
Average Price | 334.21 | 726.05 |
Value | 54.58M | 13.43M |
Indicative Equilibrium Price | 336 | — |
Indicative Equilibrium Volume | 16 | — |
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 Paninvest Tbk formerly PT Panin Insurance Tbk (the Company) was established in Jakarta under the name PT Pan-Union Insurance Ltd., based on Notarial Deed No. 84 dated October 24, 1973 of Notary Juliaan Nimrod Siregar Gelar Mangaradja Namora, S.H. The Company is one of the companies under Pan Indonesia (Panin) Group. Based on the Minutes of General Shareholders's Meeting held on June 28, 2013 which was notarized in Notarial Deed of Kumala Tjahjani Widodo, S.H., M.H.,Mkn., No.78, dated June 28, 2013, the shareholders agree the plan to change the Company's main business activity from general insurance company to tourism and transferred its general insurance portfolio along with portion of its assets and liabilities related to general insurance business to PT Asuransi Umum Panin, subsidiary.
Read more on PNIN →