- CEO
- Sheng Li Wu
- Full Time Employees
- 44
- Sector
- Consumer durables
- Industry
- Homebuilding
- Address
- No. 16, Cheng Tai Road New Taipei TP Taiwan 242
- IPO Date
- Nov 16, 1989
- Business
- Advancetek Enterprise Co., Ltd. operates primarily in the real estate sector, focusing on the construction, rental, and sale of residential and commercial buildings within Taiwan. The company commissions construction companies to build national residential buildings, villas, shops, offices, health and leisure buildings, and parking spaces for sale and lease. Its key operations include property development, leasing, and sales with geographic activities centered in Taiwan, notably in New Taipei City, Taoyuan City, Yilan County, and the eastern district of Taichung City. Founded in 1974 and headquartered in New Taipei City, Taiwan, Advancetek maintains a workforce of around 44 employees.
Advancetek's main products and services include residential and commercial property development; leasing and sales of apartments, offices, commercial shops, and parking facilities; and real estate management services. The company also engages in property development projects with a focus on sustainable construction techniques, including innovative projects utilizing decommissioned shipping containers for mobility and reusability advantages.
Recently, Advancetek recorded significant growth in its construction business, showing a notable increase in annual revenue to approximately NT$8.8 billion in 2024, driven by expanding construction contracts and sales activities. The company reported a net profit of NT$2.63 billion in 2024 and has maintained a dividend yield around 4.9%, with dividends well covered by its earnings and cash flow, despite some volatility. Advancetek has strengthened its operational focus in residential and commercial segments within Taiwan and has recently engaged in strategic construction contracts, further enhancing its market position. There are no publicly reported name changes or major reorganizations in the last two years, but the company continues to emphasize expansion in property development projects, including rental and sales markets in various Taiwan regions.
Advancetek Enterprise Co., Ltd. operates exclusively within the Taiwanese market, without current indications of business expansion outside Taiwan. The company’s strategic emphasis is on effectively leveraging local construction enterprises and real estate market trends to maximize its portfolio value and maintain robust financial performance in Taiwan’s real estate industry.
This description captures Advancetek’s core business activities, product/service offerings, recent financial performance, and operational focus in the Taiwanese real estate market as of late 2025.