Indah Kiat Pulp & Paper Tbk. vs Golden Flower Tbk. — how do they compare? Indah Kiat Pulp & Paper Tbk. trades at Rp7,800 (market cap 40.62T, 5.48M 24h volume), while Golden Flower Tbk. trades at Rp12,900 (market cap 10.11T, 4.3K 24h volume). The key difference: Indah Kiat Pulp & Paper Tbk. is far larger — about 4× Golden Flower Tbk.'s market cap, and Indah Kiat Pulp & Paper Tbk. is more actively traded (5.48M versus 4.3K). Which is the better fit depends on your goals.
| INKP | POLU | |
|---|---|---|
Market Cap | 40.62T | 10.11T |
Volume | 5.48M | 4.3K |
Lot | 54.8K | 43 |
Turnover | 42.41B | 55.47M |
Average Price | 7,738.76 | 12,900 |
Value | 42.41B | 55.47M |
Indicative Equilibrium Price | 7,800 | 13,475 |
Indicative Equilibrium Volume | 922 | 100 |
Trailing returns across standard periods
Latest headlines on both assets
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.
Read more on INKP →PT Golden Flower (The Company) was established on Semarang based on Deed of Incorporation No. 11 dated March 7, 1989 Notary Joeni Moeljani, S.H., The Company's Deed of establishment was corrected by Deed No. 26 dated July 10, 1996 by Notary Lenie Sahara Hardjanto Loebis, S.H., the Company name was changed to PT Puspa Sari Kencana. This Deed has been approved by Minister of Justice of the Republic Indonesia through Decree No. C2-9266 HT.01.01.Th.96 and was published in Gazette of the Republic of Indonesia dated April 22, 1997, No. 32. The Company name was changed according to Deed No. 1 dated April 2, 1997 from Notary Lenie Sahara Hardjanto Loebis, S.H., becoming PT Puspa Masindo, and finally the name of the Company changes again to become PT Golden Flower according to deed No. 20 dated October 14, 2004 from Notary Lenie Sahara Hardjanto Loebis, S.H., and was approved by the Minister of Law and Human Rights of the Republic of Indonesia with Decree No. C-11028 HT.01.04.TH.2005 on April 25, 2005.
Read more on POLU →