Hexindo Adiperkasa Tbk. vs Indah Kiat Pulp & Paper Tbk. — how do they compare? Hexindo Adiperkasa Tbk. trades at Rp4,450 (market cap 3.71T, 151.9K 24h volume), while Indah Kiat Pulp & Paper Tbk. trades at Rp7,825 (market cap 40.62T, 3.57M 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 10.9× Hexindo Adiperkasa Tbk.'s market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (3.57M versus 151.9K). Which is the better fit depends on your goals.
| HEXA | INKP | |
|---|---|---|
Market Cap | 3.71T | 40.62T |
Volume | 151.9K | 3.57M |
Lot | 1.52K | 35.68K |
Turnover | 674.39M | 27.4B |
Average Price | 4,439.68 | 7,680.99 |
Value | 674.39M | 27.4B |
Indicative Equilibrium Price | 4,420 | 7,425 |
Indicative Equilibrium Volume | 2.7K | 4.9K |
Trailing returns across standard periods
Latest headlines on both assets
PT Hexindo Adiperkasa Tbk (the Company) was established on November 28, 1988 based on notarial deed No.37 of Mohamad Ali. The deed of establishment was approved by the Ministry of Justice in its decision letter No. C2-4389.HT.01.01.TH.89 dated May 12, 1989 and was published in Supplement No. 1251 of the State Gazette No.54 dated July7, 1989. Presently, the Company acts as a distributor of certain heavy equipment and related spare parts with the trademark of Hitachi, John Deere and Ammann. The Company’s registration statement for the public offering of its 10 million shares of stocks (with Rp 1000 per value per share) at on offer price of Rp 2,800 per share become affective in accordance with the letter No.S-1958/PM/1994 dated December 5, 1994 issued by the Chairman of the Capital Market Supervisory Agency (BAPEPEAM). The excess of the proceeds over the par value of the shares of stock was recorded as “Capital paid in excess of par value”. The Company’s registration statement for the first limited public offering of 42 million shares to stockholders with pre-emptive rights (with Rp 1,000 per value per share) at an offer price of Rp 1,000 per share became effective in accordance with the letter No.S-1264/PM/1998 dated June 19, 1998 issued by the Chairman of BAPEPAM.
Read more on HEXA →PT Indah Kiat Pulp & Paper Tbk (the Company) was established in Jakarta on December 7, 1976. Indah Kiat is one of Asia Pulp & Paper Co. Ltd’s (APP) indirect subsidiaries ano of the largest pulp & paper producer in Asia. The Company had started commercial production as early as 1978 in the Tangerang Mill. At the end of 1999, IKPP had an installed production capacity of more than 3 million tones. Indah Kiat received ISO 9002 QMS (Quality Management System) for compliance with quality system standards in the Perawang, Tangerang and Serang mills. The Company also received ISO 14001 EMS (Environmental Management System) for compliance with the environmental management in the Perawang and Tangerang mills.
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