Paninvest Tbk. vs Xolare RCR Energy Tbk. — how do they compare? Paninvest Tbk. trades at Rp735 (market cap 3.03T, 606.1K 24h volume), while Xolare RCR Energy Tbk. trades at Rp107 (market cap 351.75B, 5.75M 24h volume). The key difference: Paninvest Tbk. is far larger — about 8.6× Xolare RCR Energy Tbk.'s market cap, and Xolare RCR Energy Tbk. is more actively traded (5.75M versus 606.1K). Which is the better fit depends on your goals.
| PNIN | SOLA | |
|---|---|---|
Market Cap | 3.03T | 351.75B |
Volume | 606.1K | 5.75M |
Lot | 6.06K | 57.52K |
Turnover | 442.26M | 611.38M |
Average Price | 729.68 | 106.29 |
Value | 442.26M | 611.38M |
Indicative Equilibrium Price | 735 | 107 |
Indicative Equilibrium Volume | 2 | 1.98K |
Trailing returns across standard periods
Latest headlines on both assets
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 →PT Xolare RCR Energy (Formerly: PT RCR Energy Indonesia) (the "Company") was established based on Notarial Deed No. 213 dated December 18, 2014 drawn up before Notary Humberg Lie, S.H., S.E., M.Kn., in Jakarta. The ultimate beneficial owner of the Company is PT Energi Hijau Investama. The Company started its commercial activities in 2015.
Read more on SOLA →