Lotte Chemical Titan Tbk. vs Merdeka Battery Materials Tbk. — how do they compare? Lotte Chemical Titan Tbk. trades at Rp326 (market cap 1.83T, 1.02M 24h volume), while Merdeka Battery Materials Tbk. trades at Rp525 (market cap 56.16T, 24.65M 24h volume). The key difference: Merdeka Battery Materials Tbk. is far larger — about 30.7× Lotte Chemical Titan Tbk.'s market cap, and Merdeka Battery Materials Tbk. is more actively traded (24.65M versus 1.02M). Which is the better fit depends on your goals.
| FPNI | MBMA | |
|---|---|---|
Market Cap | 1.83T | 56.16T |
Volume | 1.02M | 24.65M |
Lot | 10.19K | 246.53K |
Turnover | 332.61M | 12.91B |
Average Price | 326.34 | 523.76 |
Value | 332.61M | 12.91B |
Indicative Equilibrium Price | 332 | 525 |
Indicative Equilibrium Volume | 47 | 3.67K |
Trailing returns across standard periods
Latest headlines on both assets
PT. Lotte Chemical Titan Tbk. (the Company) was established in the Republic of Indonesia under the name of P.T. Indofatra Plastik Industri based on Notarial Deed No. 19 of Rukmasanti Hardjasatya, S.H., dated December 9, 1987. Subsequently, its name was changed to P.T. Fatrapolindo Nusa Industri based on Notarial Deed No. 53 dated July 18, 1988 of the same notary. The Company conduct in Bi-axially Oriented Polypropylene/ BOPP Film industry. Start the commercial operation on 1990 by one line production. Now, the corporate have load capacity 20.000 ton/year.
Read more on FPNI →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 →