Cikarang Listrindo Tbk. vs Sumber Mineral Global Abadi Tbk. — how do they compare? Cikarang Listrindo Tbk. trades at Rp730 (market cap 11.66T, 5.58M 24h volume), while Sumber Mineral Global Abadi Tbk. trades at Rp76 (market cap 638.75B, 21.58M 24h volume). The key difference: Cikarang Listrindo Tbk. is far larger — about 18.3× Sumber Mineral Global Abadi Tbk.'s market cap, and Sumber Mineral Global Abadi Tbk. is more actively traded (21.58M versus 5.58M). Which is the better fit depends on your goals.
| POWR | SMGA | |
|---|---|---|
Market Cap | 11.66T | 638.75B |
Volume | 5.58M | 21.58M |
Lot | 55.76K | 215.82K |
Turnover | 4.05B | 1.58B |
Average Price | 725.95 | 73.21 |
Value | 4.05B | 1.58B |
Indicative Equilibrium Price | 730 | 76 |
Indicative Equilibrium Volume | 692 | 12.3K |
Trailing returns across standard periods
Latest headlines on both assets
PT Cikarang Listrindo Tbk (the Company) was established within the framework of the Domestic Investment Law No. 6 Year 1968 which was amended by Law No. 12 Year 1970, based on Notarial Deed No. 187 of Lukman Kirana, S.H., dated July 28, 1990. About 45 km southeast of Jakarta, starting in 1992, Cikarang Listrindo built its first power plant in the heart of Jababeka Industrial Estate and since then has set the pace for industrial development by providing its customers with a high quality supply of electricity. More than 2,000 customers in 5 industrial estates trust Cikarang Listrindo to deliver reliable and stable power. Among those customers are national and international manufacturers in such sectors as automobiles, electronics, plastics, food and chemicals. They include multinational firms such as PT Astra Honda Motor, PT Mattel Indonesia, PT Omron Manufacturing of Indonesia, PT Komatsu Undercarriage Indonesia, PT Mayora Indah, PT Aisin Indonesia, PT Yanmar Indonesia, PT AJE Indonesia, PT Mitsubishi Electric Automotive, PT Enkei Indonesia, PT Jotun Indonesia, PT Kao Indonesia, PT Kansai Paint Indonesia, PT Kayaba Indonesia and PT Showa Indonesia Manufacturing along with many leading national companies. To meet the industrial customers’ growing demand and to have a more reliable electricity supply system, in 2015 Cikarang Listrindo operates its additional power plant in Megalopolis Manunggal 2100 Industrial Town. Cikarang Listrindo has now a combined plant capacity of 864 MW. An expansion program to raise available power up to 1,144 MW is in progress. Besides satisfying the demand of its industrial customers the company exports power to the national electricity grid of PLN. The company is committed to providing all its customers with the highest level of service in meeting their needs for stable and reliable power. Seamless and smooth supply of electricity gives customers a significant advantage in their operations and affords a level of reliability unsurpassed in Indonesia’s energy market.
Read more on POWR →PT Sumber Mineral Global Abadi Tbk (the Company) was established based on Notarial Deed No. 2 dated October 19, 2016 of Selina Bertha Eny, S.H., a notary in South Tanggerang. The Company started its commercial operations in 2016. The Company’s immediate and ultimate parententities are PT Sumber Global Energy Tbk and PT Sumbermas Inti Energi, respectively, both entities domiciled in Jakarta. The controlling interest of the Company is PT Sumber Global Energy Tbk.
Read more on SMGA →