Revenue distribution by industry:

• Banking: 60%
• Asset management: 25%
• Insurance: 15%

TOP 3 markets and their percentage shares:

• Taiwan: 70%
• China: 15%
• Hong Kong: 10%

SinoPac Financial Holdings Company Limited generates the majority of its revenue from banking, followed by asset management and insurance services. The main market is Taiwan, which is not surprising as the company is headquartered there and has a strong presence in the region. China and Hong Kong are also significant markets, together comprising a substantial portion of the company's international presence.

Production Sites: Taiwan, China

SinoPac Financial Holdings Company Limited is primarily a financial services company and does not produce physical products. The company offers banking services, securities trading, and other financial services. The main activities and services are provided in Taiwan and China.

Strategy for Future Growth:

1. Digital Transformation and Innovation: SinoPac Financial Holdings is heavily investing in digital technologies to enhance its services and optimize customer experience. This includes the development of mobile banking solutions and the implementation of AI-based financial advisory services.

2. Expansion of International Business: The company plans to further expand its presence in Asian markets, particularly in Southeast Asia, to capitalize on growth opportunities in that region. This expansion is supported by strategic partnerships and acquisitions.

3. Sustainable Financial Products: SinoPac is increasingly focusing on sustainable financial products to meet the rising demand for environmentally friendly investments. This includes the introduction of green bonds and sustainable investment funds.

Through these strategic initiatives, SinoPac aims to strengthen its market position and secure long-term growth.

Main Imported Raw Materials/Items: Financial services and IT infrastructure

Countries of Origin: USA, Japan, South Korea

SinoPac Financial Holdings Company Limited is a financial services company mainly operating in the banking and insurance sectors. Therefore, it does not import physical raw materials in the traditional sense as would be the case in the manufacturing industry. Instead, the company focuses on importing financial services and IT infrastructure to optimize its services.

The IT infrastructure necessary for the operation and security of financial transactions is often sourced from technologically advanced countries such as the USA, Japan, and South Korea. These countries are known for their leading technologies in the field of financial services and provide the necessary hardware and software for the operation of modern financial institutions.

Market share: Estimated 5-7% in the Taiwanese financial sector (2025)
Return on equity (ROE): 9.5% (2024)
Cost efficiency: Cost-to-income ratio of 55% (2024)

SinoPac Financial Holdings Company Limited has a moderate competitive advantage in the Taiwanese financial sector. The market share of 5-7% indicates that the company holds a significant, but not dominant, position. The return on equity of 9.5% suggests that the company is efficient in utilizing its capital, which is considered solid compared to industry standards.

The cost-to-income ratio of 55% demonstrates good cost efficiency, indicating that SinoPac is able to effectively manage its operating expenses relative to its income. This is particularly important in a competitive market environment.

In summary, SinoPac Financial Holdings has a certain competitive advantage due to its solid return on equity and cost efficiency. However, the market share is not high enough to claim a dominant advantage. The company must continue to invest in innovation and customer satisfaction to strengthen its competitive edge.

Institutional Investor Share: approximately 45% (2025, estimated)

Insider Purchases/Sales: No significant transactions known (2025, estimated)

The institutional investor share in SinoPac Financial Holdings Company Limited is estimated to be around 45%. This suggests that a significant portion of the shares are held by large institutional investors, indicating confidence in the company's long-term stability and growth potential.

In 2025, no significant insider purchases or sales are known. This could indicate that the management and other insiders currently do not see significant changes in their holdings based on internal information or strategic changes.

Market Share SinoPac Financial Holdings: Estimate: approx. 5% (2025)

Top Competitors and Their Market Shares:

1. CTBC Financial Holding Co., Ltd.: approx. 15%
2. Fubon Financial Holding Co., Ltd.: approx. 14%
3. Cathay Financial Holding Co., Ltd.: approx. 13%
4. Mega Financial Holding Co., Ltd.: approx. 10%
5. First Financial Holding Co., Ltd.: approx. 8%
6. E.SUN Financial Holding Co., Ltd.: approx. 7%
7. SinoPac Financial Holdings Co., Ltd.: approx. 5%
8. Taiwan Cooperative Financial Holding Co., Ltd.: approx. 4%
9. Yuanta Financial Holding Co., Ltd.: approx. 3%
10. Taishin Financial Holding Co., Ltd.: approx. 2%

Moat Analysis:

SinoPac Financial Holdings has a moderate moat, mainly supported by its strong regional presence and diversified financial services. However, its competitive advantage is less pronounced compared to larger competitors like CTBC and Fubon, which have more extensive networks and a broader range of products.

The major competitors, especially CTBC and Fubon, have significant advantages due to their market size, international expansion, and innovation in digital financial services. These factors enable them to operate more efficiently and reach a larger customer base.

Overall, SinoPac's moat is less pronounced compared to industry leaders, making it challenging for the company to significantly increase its market share. Strategic investments in technology and customer service could help expand the moat and enhance its competitive position.

Revenue Growth: 8.2% (2024)
Profit Growth: 6.5% (2024)
Return on Equity: 9.1% (2024)

SinoPac Financial Holdings Company Limited recorded solid revenue growth of 8.2% in 2024. This indicates that the company was able to successfully expand its business operations and strengthen its market position. The profit growth of 6.5% shows that the company was also able to increase its profitability, which is a positive sign for investors.

The return on equity of 9.1% in 2024 demonstrates that the company is efficiently utilizing its capital and generating a reasonable return for its shareholders. This is an indicator of healthy financial performance and management efficiency.

In summary, these indicators suggest that SinoPac Financial Holdings has a stable financial foundation and could potentially be a good investment, especially if the company continues its growth strategy successfully. However, investors should also consider other qualitative factors and market conditions before making a final investment decision.

Dividend Yield: 4.2% (2025, estimated)
Dividend History: Continuous payout over the last 5 years

SinoPac Financial Holdings Company Limited has regularly distributed dividends to its shareholders in recent years. The dividend yield is currently estimated at 4.2% for the year 2025, which can be considered attractive compared to other companies in the industry.

The reliability of the payout is high, as the company has paid dividends continuously over the past five years. This indicates a stable financial position and solid profitability. Analysts expect that SinoPac will also be able to pay dividends in the future, provided that no significant economic or company-specific challenges arise.