# Taiwan High Speed Rail Corporation

> operation company of Taiwan High Speed Rail

**Wikidata**: [Q10915767](https://www.wikidata.org/wiki/Q10915767)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Taiwan_High_Speed_Rail_Corporation)  
**Source**: https://4ort.xyz/entity/taiwan-high-speed-rail-corporation

## Summary
The Taiwan High Speed Rail Corporation (THSRC) is a public company that operates the Taiwan High Speed Rail system. Founded on May 11, 1998, and headquartered in Taipei, it is a major business entity in Taiwan's rail transport industry, publicly traded on the Taiwan Stock Exchange.

## Key Facts
*   The corporation was founded on May 11, 1998.
*   It is a public company and a business entity operating in the rail transport industry.
*   Its headquarters are located in Taipei, Taiwan.
*   THSRC is listed on the Taiwan Stock Exchange under ticker symbol 2633, a status it has held since 2016.
*   As of 2018, the company employed 4,475 people.
*   For the fiscal year 2018, THSRC reported revenue of NT$45.115 billion, operating income of NT$19.145 billion, and a net profit of NT$10.696 billion.
*   Its total assets were valued at NT$433.057 billion as of December 31, 2018.
*   The company has been a member of the International Union of Railways (UIC) since 2009, with member code 200.
*   Major shareholders include the Ministry of Transportation and Communications (43%), China Aviation Development Foundation (4.62%), China Steel Corporation (4.3%), and Taiwan Sugar Corporation (3.55%).

## FAQs
**What does the Taiwan High Speed Rail Corporation do?**
It is the operation company for the Taiwan High Speed Rail, the high-speed rail line in Taiwan. The corporation is responsible for the management, maintenance, and commercial service of the rail system.

**Is THSRC a publicly traded company?**
Yes, Taiwan High Speed Rail Corporation is a public company whose shares are traded on the Taiwan Stock Exchange. It underwent an initial public offering and has been publicly traded since 2016.

**Who are the main owners of the company?**
THSRC has a diverse ownership structure. The largest shareholder is the Ministry of Transportation and Communications of Taiwan, which holds a 43% stake. Other significant shareholders include several major Taiwanese corporations such as China Steel Corporation and Taiwan Sugar Corporation.

## Why It Matters
The Taiwan High Speed Rail Corporation is critical to Taiwan's transportation infrastructure, providing a high-speed rail service that connects major cities along the island's western corridor. This service significantly reduces travel time, enhances economic connectivity, and offers a sustainable alternative to air and road travel. As a major public company, it plays a substantial role in the Taiwanese economy through employment, capital investment, and its function as a vital public utility.

## Notable For
*   Operating the primary high-speed rail system in Taiwan, a key piece of national infrastructure.
*   Being a publicly traded company on the Taiwan Stock Exchange, allowing for public investment in a major infrastructure asset.
*   Having a significant portion of its ownership held by the government, specifically the Ministry of Transportation and Communications, reflecting its strategic importance.

## Body

### Corporate Identity and Classification
The Taiwan High Speed Rail Corporation is legally classified as a business and is a specific type known as a public company. This means its shares are offered to the general public and traded on the Taiwan Stock Exchange. The company is also recognized by various aliases and translations, including THSRC, 台灣高速鐵路股份有限公司 (Traditional Chinese), and Taiwan High Speed Rail Corporation.

### Founding and Leadership
THSRC was incorporated on May 11, 1998. The company has been led by several chairpersons throughout its history:
*   Nita Ing served as the inaugural chairperson from the company's founding in 1998 until September 22, 2009.
*   Ou Chin-der held the position from September 22, 2009, until March 5, 2014.
*   Tony C. Fan's tenure lasted from March 14, 2014, to January 16, 2015.
*   Yao-Chung Chiang has been the chairperson since October 18, 2016.

### Financial Performance
The corporation's financial data, as reported in its annual reports, shows its economic scale over recent years.
*   **Revenue:** Revenue grew from NT$33.98 billion in 2012 to NT$45.115 billion in 2018.
*   **Profitability:** Net profit has varied, reaching NT$10.696 billion in 2018. Operating income was NT$19.145 billion in the same year.
*   **Assets and Equity:** Total assets were reported as NT$433.057 billion as of December 31, 2018. Shareholder's equity stood at NT$69.413 billion at the end of 2018.

### Operations and Scale
*   The company employed 4,475 people as of 2018.
*   It operates the Taiwan High Speed Rail line.
*   THSRC is a member of the International Union of Railways (UIC), having joined in 2009.

### Ownership Structure
The ownership of THSRC is distributed among several major entities, as detailed in its financial reports:
*   Ministry of Transportation and Communications: 43%
*   China Aviation Development Foundation: 4.62%
*   China Steel Corporation: 4.3%
*   Taiwan Sugar Corporation: 3.55%
*   TECO Electric and Machinery: 3.38%
*   Other shareholders include Taiwan Fixed Network and Cathay United Bank.

### Public Presence and Identification
The company maintains a public presence through several official channels and identifiers.
*   Its official website is available in Chinese, English, and Japanese.
*   It has a YouTube channel (THSRFan) with a specific channel ID and a reported 20,200 subscribers as of August 2024.
*   Official identifiers include a VIAF ID (162388213), a GUI number (16446274), a Library of Congress Authority ID (n2011001830), and a Crunchbase organization ID.
*   Its market capitalization was reported as NT$56.28 billion as of December 31, 2016.

## References

1. [Source](http://www.thsrc.com.tw/event/tmp/pdf/2016_en_report.pdf)
2. [annual report. 2019](http://www.thsrc.com.tw/event/tmp/pdf/2018_annual_EN.pdf)
3. Virtual International Authority File
4. [Source](https://vademecum.uic.org/en/memberDetail/200)
5. [Source](https://web.archive.org/web/20180119235121/https://money.udn.com/money/story/5612/2502653)
6. [Source](http://www.cna.com.tw/news/firstnews/201403050030-1.aspx)
7. [Source](http://www.cna.com.tw/news/afe/201403100469-1.aspx)
8. YouTube API