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2025 Taiwan FINI 100 | AI-Driven Taiwan 3.0 : The next step

2025 Highlights

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About

Each September, the Taiwan FINI 100 Award Ceremony brings together the top 100 Taiwanese listed companies and global capital market leaders for a premier forum.

More than 100 senior executives, international investors, and government officials convene to explore Taiwan’s economic trajectory and industrial transformation.

The event not only recognizes outstanding enterprises but also serves as a vital platform bridging global capital with Taiwan’s real economy—fostering dialogue, collaboration, and new opportunities.
It redefines the relationship between foreign institutional investors and Taiwan, opening a new chapter of connection, innovation, and shared growth.

History

Taiwanese listed companies have long attracted foreign institutional investors, thanks to their stable leadership, strong technological capabilities, and adaptability in dynamic markets. However, rising challenges—including geopolitical tensions, U.S. tariffs, supply chain realignments, and growing sustainability expectations—are testing their ability to retain global investor confidence.

Since 2019, the Taiwan Institute of Directors (TWIoD) and the Corporate Development Research Center (CDRC) have jointly published the Taiwan FINI 100 Companies list—the first award in Taiwan designed from the perspective of foreign institutional investors, based on globally recognized selection criteria.

The 2025 Taiwan FINI 100 Award Ceremony and Investment Forum, themed "AI-Driven Taiwan 3.0: The next step" will be held on September 3, 2025, bringing together business leaders, investors, and policymakers to explore how Taiwanese enterprises can navigate transformation and align with global market shifts.

History

Taiwan FINI 100

Taiwan FINI 100 Companies

台灣企業百強

Rank	Ticker	Name (ZH)	Name (EN)	Market	Sector	Mkt Cap (NT$bn)	Foreign (%)	Foreign (NT$bn)
1	2330	台積電	TSMC	TSE	semiconductors	235,988	73%	58,711
2	2317	鴻海	Hon Hai	TSE	Computers and peripherals	20,282	33%	1,103
3	2308	台達電	DELTA	TSE	electronic components	9,351	65%	868
4	8069	元太	E Ink	OTC	Optoelectronics and I/O	3,046	43%	499
5	4763	材料-KY	ACE	TSE	Other Chemistry	850	52%	379
6	3017	奇鋐	AVC	TSE	electronic components	1,762	36%	357
7	4958	臻鼎-KY	ZDT	TSE	printed circuit board	990	62%	307
8	2383	台光電	EMC	TSE	printed circuit board	1,890	36%	305
9	2379	瑞昱	RT	TSE	semiconductors	2,682	51%	280
10	2059	川湖	King Slide	TSE	metal products	1,572	24%	268

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Methodology

Research Period

January 1, 2022 – March 31, 2025

Target Universe

2,194 listed and OTC companies in Taiwan

Phase One: Market Factors (207 companies selected)

Market capitalization of at least USD 500 million, as of the index base date (March 31, 2025)
Positive net change in foreign institutional ownership between January 1, 2024, and March 31, 2025

Phase Two: Fundamental Factors (108 companies selected)

Positive net income in each of the fiscal years 2022, 2023, and 2024
Positive compound annual growth rate (CAGR) in revenue over the period 2022–2024

Phase Three: Sustainability Factors (103 companies selected

Companies failing to meet governance or sustainability criteria are excluded:
Bottom 20% of companies in the latest corporate governance evaluation
Companies with publicly disclosed material governance deficiencies

Phase Four: Foreign Ownership Momentum Ranking (Top 100 companies selected)

From the remaining universe, the top 100 companies are selected based on the magnitude of increase in foreign institutional holdings (by market value) over the defined evaluation period.

Taiwan FINI FIG 10

Taiwan FINI FIG 10 Companies

金融十強

Rank	Ticker	Name (ZH)	Name (EN)	Market	Sector	Mkt Cap (NT$bn)	Foreign (%)	Foreign (NT$bn)
1	2882	國泰金	Cathay Holdings	TSE	Financial Holdings	8,978	25%	845.0
2	2881	富邦金	Fubon Financial	TSE	Financial Holdings	11,657	21%	796.2
3	2891	中信金	CTBC Holding	TSE	Financial Holdings	7,753	32%	325.4
4	2885	元大金	Yuanta Group	TSE	Financial Holdings	4,329	27%	212.9
5	2884	玉山金	E.S.F.H	TSE	Financial Holdings	4,599	32%	203.0
6	2880	華南金	HNFHC	TSE	Financial Holdings	3,831	17%	103.1
7	2812	台中銀	T.C.C.B.	TSE	Domestic banks	1,134	11%	39.1
8	2890	永豐金	SINOPACHOLDINGS	TSE	Financial Holdings	2,823	23%	22.5
9	2809	京城銀	KTB	TSE	Domestic banks	545	15%	15.7
10	2850	新產	SK Insurance	TSE	Property and Casualty Insurance	351	10%	12.9

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Methodology

Research Period

January 1, 2022, to March 31, 2025

Target Institutions

A total of 45 publicly listed, OTC, and Emerging Stock financial institutions in Taiwan, covering sub-sectors including financial holding companies, commercial banks, securities firms, property insurance, futures, and bills finance.

Phase 1: Market Factors (25 institutions selected)

Market capitalization of at least USD 500 million (as of March 31, 2025)
Net increase in foreign institutional ownership between January 1, 2024, and March 31, 2025

Phase 2: Fundamental Factors (19 institutions selected)

Positive net income in each of the years 2022 to 2024
Positive compound annual growth rate (CAGR) in revenue over 2022 to 2024

Phase 3: Sustainability Factors (19 institutions selected)

Institutions failing to meet governance or sustainability criteria are excluded:

Bottom 20% of companies in the latest corporate governance evaluation
Companies with publicly disclosed material governance deficiencies

Phase 4: Foreign Ownership Momentum Ranking (Top 10 institutions selected)

From the remaining pool, institutions are ranked by the magnitude of increase in foreign
institutional holdings (by market value) between January 1, 2024, and March 31, 2025

Taiwan Best-in-Class

Taiwan Best-in-Class Company

中堅潛力企業

Rank	Ticker	Name (ZH)	Name (EN)	Market	Sector	Mkt Cap (NT$bn)	2022–24 CAGR	2022–24 OPM	2022–24 Avg ROE
1	6189	豐藝	Promate	TSE	electronic circuit	149	16%	4%	19%
2	6197	佳必琪	JPC	TSE	electronic components	148	25%	13%	21%
3	6613	朋億*	Novatech	OTC	electronic equipment	145	10%	16%	28%
4	6863	永道-KY	Arizon RFID	TSE	Communication Network	142	48%	16%	11%
5	5306	桂盟	KMC	TSE	Bicycle components	141	-17%	25%	16%
6	4162	智擎	PEI	OTC	Medicine	140	96%	54%	18%
7	3217	優群	Argosy	OTC	electronic components	136	15%	26%	19%
8	3056	富華新	Fu Hua	TSE	Construction	134	21%	25%	22%
9	8936	國統	KTI	OTC	metal products	133	18%	25%	11%
10	2472	立隆電	Lelon	TSE	electronic components	132	1%	18%	15%

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Methodology

Research Period

January 1, 2022 – March 31, 2025

Target Universe

A total of 2,194 listed, OTC, and emerging companies in Taiwan

Phase 1: Market Factors (564 companies selected)

Market capitalization between USD 100 million and 500 million (as of March 31, 2025)

Phase 2: Fundamental Factors (200 companies selected)

Positive net income in each of the three years from 2022 to 2024
Must rank in the top 200 in at least two of the following three metrics (based on 2022–2024 averages):
- Revenue Growth: Top 200 in revenue CAGR (Compound Annual Growth Rate)
- Operating Profitability: Top 200 in average operating margin
- Return on Equity: Top 200 in average ROE

Phase 3: Sustainability Factors (169 companies selected)

Excludes companies ranked in the bottom 20% of the most recent Corporate Governance
Evaluation
Excludes companies with any publicly disclosed governance deficiencies

Phase 4: Final Ranking by Market Capitalization

The remaining companies are ranked by market capitalization (as of March 31, 2025) in descending order

成長十強

Top 10 Growth Champions

2025中堅潛力企業

Rank	Ticker	Name (ZH)	Name (EN)	Market	Sector	Mkt Cap (NT$bn)	2022–24 CAGR
1	4907	富宇	Fu Yu Property	OTC	Construction	65	336%
2	4162	智擎	PEI	OTC	Medicine	140	96%
3	4911	德英	G&E	OTC	Medicine	32	96%
4	6186	新潤	Shin Ruenn	OTC	Construction	117	91%
5	5523	豐謙	Fong Chien	OTC	Construction	46	54%
6	6863	永道-KY	Arizon RFID	TSE	Communication Network	142	48%
7	6703	軒郁	Shiny	OTC	Makeup and Beauty	44	45%
8	3046	建碁	Aopen	TSE	Computers and peripherals	38	44%
9	6923	中台	CTRT	TSE	Recycling	72	43%
10	6881	潤德	RTD	OTC	Engineering Contracting	36	37%

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獲利十強

Top 10 Profit Champions

2025中堅潛力企業

Rank	Ticker	Name (ZH)	Name (EN)	Market	Sector	Mkt Cap (NT$bn)	2022–24 OPM
1	4162	智擎	PEI	OTC	Medicine	140	54%
2	8446	華研	HIM Music	OTC	other	60	43%
3	6523	達爾膚	Dr.Wu	OTC	Makeup and Beauty	64	42%
4	2641	正德	Franbo Lines	OTC	Ocean transport	66	41%
5	6581	鋼聯	TSU	TSE	Recycling	121	40%
6	8098	慶康科技	Duratek	REG	electronic components	42	39%
7	5287	數字	Addcn	OTC	Digital Cloud	109	39%
8	5222	全訊	Transcom	TSE	Communication Network	97	36%
9	4911	德英	G&E	OTC	Medicine	32	34%
10	8109	博大	P-Duke	OTC	electronic components	70	34%

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股東報酬十強

Top 10 Shareholder Return Champions

2025中堅潛力企業

Rank	Ticker	Name (ZH)	Name (EN)	Market	Sector	Mkt Cap (NT$bn)	2022–24 Avg ROE
1	5278	尚凡*	Sunfun	OTC	Digital Cloud	97	51%
2	6957	裕慶-KY	Horizon-KY	TSE	Base Metals	105	50%
3	6903	巨漢	JH	OTC	electronic equipment	78	48%
4	7707	益芯科	CMSC	REG	semiconductors	53	42%
5	5209	新鼎	CTCI ASI	OTC	Engineering Contracting	46	40%
6	7765	中華資安	CHT Security	REG	Information Services	117	39%
7	7795	長廣	EPM	REG	electronic equipment	103	37%
8	6953	家碩	GDE	OTC	electronic equipment	58	37%
9	9906	欣巴巴	Hsin Ba Ba	TSE	Construction	94	36%
10	5287	數字	Addcn	OTC	Digital Cloud	109	35%

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Rising Stars

Top 10 Popular Rising Stars

中堅潛力企業人氣新星

Rank	Ticker	Name (ZH)	Name (EN)	Market	Sector	Mkt Cap (NT$bn)
1	5312	寶島科	FORMOSA	OTC	Pharmaceutical Retail	82
2	5410	國眾	LEO	OTC	3C channel	30
3	3479	安勤	Avalue	OTC	Industrial Computers	80
4	1584	精剛	S-Tech Corp	OTC	stainless steel	65
5	6690	安碁資訊	ACSI	OTC	System Integration	54
6	1784	訊聯	BIONET CORP.	OTC	Cell Medicine	45
7	1307	三芳	SAN FANG	TSE	synthetic leather	175
8	1537	廣隆	KUNG LONG	TSE	Secondary batteries	123
9	6569	醫揚	Onyx	OTC	Industrial Computers	54
10	5309	系統電	SG	OTC	Automotive components	72

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Awards Ceremony

Wednesday, September 3, 2025
14:00 – 16:40

Le Méridien Taipei, 3rd Floor Banquet Hall

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Award Ceremony

Important Guests

Prof. Shih-Chun Hsu

Founding Chairman, TWIoD

Sherman Lin

Chairman, Taiwan Stock Exchange

Charles Twu

Chief Administrative Officer, Taipei Exchange

重磅嘉賓

Janée Pierre-Louis

Commercial Section Chief , AIT

Shean-Bii Chiu

Professor, Graduate Institute of Asset
Management, Chang Gung Universit

Sherman Lin

Chairman, Taiwan Stock Exchange

Randy Abrams

Head of Taiwan Research, UBS

Yung-Hui Li

Director, Artificial Intelligence Research Center, Hon Hai ResearchInstitute

Dr. Kuan-Shih Yeh

Supervisor, TWIoD

Ceremony Agenda

13:30-14:00

Check-in

Guest Check-in & Networking

14:00-14:05

Opening Remarks

Prof. Shih-Chun Hsu / Founding Chairman, TWIoD

14:05-14:30

Regulatory Remarks & Group Photo

Sherman Lin / Chairman, Taiwan Stock Exchange
Charles Twu / Chief Administrative Officer, Taipei Exchange
Janée Pierre-Louis / Commercial Section Chief , AIT

14:30-15:20

Panel:
AI-Driven Taiwan 3.0: The next step

Moderator

Shean-Bii Chiu/Professor, Graduate Institute of Asset Management, Chang Gung University

Panelist

Randy Abrams / Head of Taiwan Research, UBS
Oliver Lee / Director of Taiwan Equity Strategy, BlackRock
Yung-Hui Li/Director, Artificial Intelligence Research Center, Hon Hai Research Institute

15:20-15:30

Tea break

Networking Tea Break

15:30-15:40

Assembly

TWIoD 5th General Assembly

15:40-16:40

Awards Ceremony

Awards Presenter

Prof. Shih-Chun Hsu / Founding Chairman, TWIoD
Dr. Kuan-Shih Yeh / Supervisor, TWIoD

典禮議程

參加效益

Participation Benefits

Increase corporate reputation

Honors are a recognition of a company's outstanding performance. They can demonstrate a company's professionalism and values to the outside world, thereby establishing a good reputation.

Highlight industry status

Winning awards and honors highlights a company's position and influence in a specific industry, giving it more competitive advantages.

Review company competitiveness

Companies can review their own competitiveness, gain a deeper understanding of their strengths and weaknesses, and develop more effective market strategies.

Gain media exposure opportunities

Attract media attention and coverage, thereby bringing more exposure opportunities to the company and increasing its reputation and visibility.

Increase brand awareness

Enhance corporate brand awareness and recognition, and create stronger appeal among consumers.

Strengthen talent recruitment and retention

Receiving awards and honors not only attracts outstanding talent but also improves the satisfaction and loyalty of existing employees, promoting smooth recruitment and retention.

FAQ

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Please refer to the "Award Ceremony Agenda" on this event page. There will be two times for representatives of the winning companies to take photos on stage:
After the organizer's speech, representatives of the award-winning companies took a group photo.
After the summit, each award-winning company will take individual photos with the award presenters. Company representatives will be called to the stage in order.
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Contact Us

Organizer

Curator

2025 Highlights

About

History

Taiwan FINI 100 Companies

台灣企業百強

Methodology

Taiwan FINI FIG 10 Companies

金融十強

Methodology

Taiwan Best-in-Class Company

中堅潛力企業

Methodology

成長十強

Top 10 Growth Champions

2025中堅潛力企業

獲利十強

Top 10 Profit Champions

2025中堅潛力企業

股東報酬十強

Top 10 Shareholder Return Champions

2025中堅潛力企業

Top 10 Popular Rising Stars

中堅潛力企業 人氣新星

Awards Ceremony

Important Guests

Prof. Shih-Chun Hsu

Sherman Lin

Charles Twu

Janée Pierre-Louis

Shean-Bii Chiu

Sherman Lin

Randy Abrams

Yung-Hui Li

Dr. Kuan-Shih Yeh

Ceremony Agenda

13:30-14:00

14:00-14:05

14:05-14:30

14:30-15:20

15:20-15:30

15:30-15:40

15:40-16:40

Participation Benefits

FAQ

How do I know if my company has won an award?

Is there a registration fee?

What is the ceremony schedule? When do I go on stage to receive my award?

How many representatives can attend the awards ceremony?

What level of attendance is recommended?

If I cannot attend the awards ceremony, can the award certificate be mailed to my company?

Will there be a conference photographer for the awards ceremony? How can I request photos?

Is parking available at the awards ceremony?

Do you have a press release or introduction text to share on your corporate website?

Contact Us

中堅潛力企業人氣新星