Clipan Finance Indonesia Tbk. vs Bukit Asam Tbk. — how do they compare? Clipan Finance Indonesia Tbk. trades at Rp334 (market cap 1.33T), while Bukit Asam Tbk. trades at Rp2,420 (market cap 27.88T). The key difference: Bukit Asam Tbk. is far larger — about 21× Clipan Finance Indonesia Tbk.'s market cap. Which is the better fit depends on your goals.
| CFIN | PTBA | |
|---|---|---|
Market Cap | 1.33T | 27.88T |
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 Bukit Asam (Persero) Tbk was established on March 2nd 1981 in Tanjung Enim as PT. Tambang Batubara Bukit Asam. However the mine working have been exploited since 1919 under Government of Netherland Indie. Take over by Japan on 1942, and nationalized by Indonesian Government on 1945. On October 30th 1990, government merged Perum Tambang Batubara, Sawahlunto in the corporate. On 1983, corporate assigned by government to develop coal briquet. Employees 4021 personnel.
Read more on PTBA →