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Shin-Hung Tech Backlog Hits Record NT$23 Billion with Visibility Through 2028

Electronic Technology · Electronic Equipment/Instruments · cnyes · 2026-09-03

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Shin-Hung Tech reports a record backlog of NT$23 billion, driven by global semiconductor facility expansion, with project visibility extending into 2028.

What Happened

Order Momentum: Shin-Hung Tech has reached a record-high backlog of NT$23 billion, fueled by robust global demand for semiconductor and related facility construction. The company's project visibility now extends through 2028, providing a solid foundation for long-term operational performance.

Global Expansion: The company is executing a dual-track client diversification strategy, serving top-tier domestic foundries while expanding into US, Japanese, and Southeast Asian markets. With major overseas projects in the US and Japan ramping up in Q4, the company expects a significant increase in its international revenue share.

Operational Strategy: Positioning itself as a flexible GC Turnkey contractor, Shin-Hung focuses on high-barrier market segments to avoid price-based competition. By integrating proprietary functional water equipment and waste treatment systems into its facility engineering, the company has successfully increased contract values.

Financial Health: Management remains confident in the company's long-term outlook, noting a 37% CAGR in revenue from 2020 to 2025. Furthermore, Shin-Hung has maintained a cash dividend payout ratio exceeding 75% for nine consecutive years, underscoring its commitment to shareholder returns.

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