Chunghwa Telecom Co., Ltd. (CHT) fundamental analysis — strengths, weaknesses & financial health based on data analysis
No significant strengths identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Chunghwa Telecom Co., Ltd. (CHT) stock price & volume — 10-year historical chart
Chunghwa Telecom Co., Ltd. (CHT) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Chunghwa Telecom Co., Ltd. (CHT) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q1 2026Latest | Feb 3, 2026 | $0.39vs $0.38+2.7% | $2.1Bvs $2.1B-0.9% |
| Q4 2025 | Nov 6, 2025 | $0.41vs $0.41+1.1% | $1.9Bvs $2.1B-11.1% |
| Q3 2025 | Aug 5, 2025 | $0.43vs $0.42+2.6% | $1.9Bvs $1.9B+0.8% |
| Q2 2025 | May 8, 2025 | $0.38vs $0.39-2.7% | $2.0Bvs $1.9B+7.3% |
Chunghwa Telecom Co., Ltd. (CHT) competitors in Integrated Telecom and Media Groups — business model, growth, and fundamentals comparison
Chunghwa Telecom Co., Ltd. (CHT) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Chunghwa Telecom Co., Ltd. (CHT) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 227.51B | 215.48B | 179.32B | 207.39B | 209.44B | 215.71B | 221.5B | 228.57B | 236.11B |
| Revenue Growth % | -1.08% | -5.29% | -16.78% | 15.65% | 0.99% | 2.99% | 2.68% | 3.2% | 3.3% |
| Cost of Revenue | 146.84B | 139.55B | 116.06B | 137.03B | 135.11B | 136.72B | 141.77B | 146.58B | 187.45B |
| Gross Profit | 80.68B▲ 0% | 75.94B▼ 5.9% | 63.27B▼ 16.7% | 70.58B▲ 11.6% | 74.33B▲ 5.3% | 78.99B▲ 6.3% | 79.73B▲ 0.9% | 81.99B▲ 2.8% | 48.66B▼ 40.7% |
| Gross Margin % | 35.46% | 35.24% | 35.28% | 34.03% | 35.49% | 36.62% | 36% | 35.87% | 20.61% |
| Gross Profit Growth % | -2.14% | -5.87% | -16.69% | 11.56% | 5.31% | 6.27% | 0.93% | 2.84% | -40.65% |
| Operating Expenses | 33.87B | 32.4B | 24.9B | 28B | 29.4B | 32.17B | 33.38B | 35.12B | 110M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - |
| EBITDA | 78.61B | 77.45B | 74.69B | 78.73B | 83.33B | 86.25B | 86.01B | 86.49B | 84.05B |
| EBITDA Margin % | 34.55% | 35.94% | 41.65% | 37.96% | 39.79% | 39.99% | 38.83% | 37.84% | 35.6% |
| EBITDA Growth % | -2.43% | -1.47% | -3.56% | 5.4% | 5.85% | 3.51% | -0.29% | 0.56% | -2.83% |
| Depreciation & Amortization | 31.91B | 33.81B | 36.35B | 36.37B | 38.4B | 39.43B | 39.66B | 39.62B | 35.5B |
| D&A / Revenue % | 14.02% | 15.69% | 20.27% | 17.54% | 18.33% | 18.28% | 17.9% | 17.33% | 15.03% |
| Operating Income (EBIT) | 46.7B▲ 0% | 43.64B▼ 6.6% | 38.35B▼ 12.1% | 42.36B▲ 10.5% | 44.93B▲ 6.1% | 46.83B▲ 4.2% | 46.35B▼ 1.0% | 46.87B▲ 1.1% | 48.55B▲ 3.6% |
| Operating Margin % | 20.53% | 20.25% | 21.38% | 20.43% | 21.45% | 21.71% | 20.93% | 20.51% | 20.56% |
| Operating Income Growth % | -2.92% | -6.55% | -12.14% | 10.47% | 6.06% | 4.22% | -1.01% | 1.12% | 3.58% |
| Interest Expense | 21.91M | 17.6M | 3.37M | 206M | 218M | 263M | 319M | 339M | 0 |
| Interest Coverage | 2131.29x | 2480.32x | 11382.29x | 205.64x | 206.10x | 178.04x | 145.31x | 138.27x | - |
| Interest / Revenue % | 0.01% | 0.01% | 0% | 0.1% | 0.1% | 0.12% | 0.14% | 0.15% | 0% |
| Non-Operating Income | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Pretax Income | 48B▲ 0% | 44.98B▼ 6.3% | 40.26B▼ 10.5% | 42.83B▲ 6.4% | 46.07B▲ 7.6% | 47.2B▲ 2.5% | 47.01B▼ 0.4% | 47.84B▲ 1.8% | 50.26B▲ 5.1% |
| Pretax Margin % | 21.1% | 20.87% | 22.45% | 20.65% | 22% | 21.88% | 21.22% | 20.93% | 21.29% |
| Income Tax | 7.95B | 8.52B | 7.47B | 8.12B | 9.02B | 9.34B | 8.95B | 9.33B | 11.63B |
| Effective Tax Rate % | 16.57% | 18.95% | 18.56% | 18.97% | 19.58% | 19.78% | 19.03% | 19.51% | 23.15% |
| Net Income | 38.87B▲ 0% | 35.5B▼ 8.7% | 32.95B▼ 7.2% | 33.42B▲ 1.4% | 35.62B▲ 6.6% | 36.36B▲ 2.1% | 36.96B▲ 1.7% | 37.19B▲ 0.6% | 39.09B▲ 5.1% |
| Net Margin % | 17.09% | 16.48% | 18.37% | 16.11% | 17.01% | 16.86% | 16.69% | 16.27% | 16.56% |
| Net Income Growth % | -2.98% | -8.67% | -7.2% | 1.43% | 6.57% | 2.08% | 1.65% | 0.63% | 5.11% |
| EPS (Diluted) | 50.00▲ 0% | 45.70▼ 8.6% | 42.20▼ 7.7% | 43.00▲ 1.9% | 46.00▲ 7.0% | 47.00▲ 2.2% | 47.60▲ 1.3% | 47.90▲ 0.6% | 49.90▲ 4.2% |
| EPS Growth % | -3.1% | -8.6% | -7.66% | 1.9% | 6.98% | 2.17% | 1.28% | 0.63% | 4.18% |
| EPS (Basic) | 50.10 | 45.80 | 42.30 | 43.10 | 46.10 | 47.00 | 47.60 | 47.90 | 49.90 |
| Diluted Shares Outstanding | 776.79M | 776.65M | 776.53M | 776.46M | 776.5M | 776.5M | 776.57M | 777.49M | 775.35M |
Chunghwa Telecom Co., Ltd. (CHT) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 451.12B | 467.27B | 477.13B | 18.02B | 512.88B | 523B | 523.74B | 534.3B | 0 |
| Asset Growth % | 0.89% | 3.58% | 2.11% | -96.22% | 2745.85% | 1.97% | 0.14% | 2.02% | -100% |
| PP&E (Net) | 288.71B | 288.91B | 295.06B | 10.41B | 300.15B | 302.63B | 303.58B | 300.75B | 0 |
| PP&E / Total Assets % | 64% | 61.83% | 61.84% | 57.75% | 58.52% | 57.86% | 57.96% | 56.29% | - |
| Total Current Assets | 79.33B | 91.69B | 94.07B | 2.89B | 91.02B | 101.9B | 103.2B | 112.97B | 0 |
| Cash & Equivalents | 28.82B | 27.64B | 34.05B | 1.08B | 39.78B | 50.19B | 33.82B | 36.26B | 0 |
| Receivables | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Inventory | 10.9B | 17.54B | 19.68B | 441.63M | 14.16B | 14.7B | 13.75B | 14.09B | 0 |
| Other Current Assets | 1.38B | 1.5B | 94M | 138.01M | 941.28M | 191M | 1.69B | 2.45B | -37.78B |
| Long-Term Investments | 9.3B | 11.39B | 16.07B | 992.24M | 11.86B | 12.46B | 13.9B | 16.75B | 0 |
| Goodwill | 209.52M | 209.52M | 200M | 8.77M | 217M | 217M | 217M | 217M | 0 |
| Intangible Assets | 54.67B | 50.73B | 46.85B | 3.2B | 83.73B | 78.97B | 74.24B | 69.19B | 0 |
| Other Assets | 16.17B | 20.77B | 21.62B | 409.42M | 23.12B | 24.62B | 26.51B | 32.76B | 0 |
| Total Liabilities | 77.54B | 80.7B | 92.86B | 4.17B | 123.75B | 131.47B | 131.02B | 138.49B | -390.43B |
| Total Debt | 1.67B | 1.7B | 11.45B | 1.36B | 38.91B | 43.47B | 43.64B | 43.23B | 0 |
| Net Debt | -27.15B | -25.94B | -22.6B | 278.44M | -864M | -6.72B | 9.82B | 6.97B | 0 |
| Long-Term Debt | 1.6B | 1.6B | 1.6B | 711.09M | 28.58B | 32.08B | 30.48B | 23.32B | 0 |
| Short-Term Borrowings | 70M | 100M | 90M | 428.78M | 65M | 722M | 2.19B | 9.02B | 0 |
| Capital Lease Obligations | 0 | 0 | 9.76B | 221.19M | 10.27B | 10.67B | 10.97B | 10.89B | 0 |
| Total Current Liabilities | 59.99B | 61.39B | 66.14B | 2.54B | 66.23B | 67.74B | 67.75B | 82B | 0 |
| Accounts Payable | 19.4B | 20.46B | 15.31B | 554.87M | 18.06B | 16.43B | 14.4B | 17.74B | 0 |
| Accrued Expenses | 14.03B | 12.98B | 11.53B | 396.49M | 11.14B | 13.61B | 13.87B | 14.34B | 0 |
| Deferred Revenue | 8.84B | 10.69B | 16.84B | 478.21M | 12.23B | 13.39B | 14.09B | 16.3B | 0 |
| Other Current Liabilities | 26.5B | 27.84B | 2.63B | 528.51M | 3.29B | 1.24B | 1.32B | 1.49B | 0 |
| Deferred Taxes | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Liabilities | 14.52B | 15.72B | 5.14B | 364.2M | 7.51B | 9.18B | 9.99B | 10.33B | -390.43B |
| Total Equity | 373.58B▲ 0% | 386.57B▲ 3.5% | 384.27B▼ 0.6% | 13.85B▼ 96.4% | 389.13B▲ 2708.9% | 391.53B▲ 0.6% | 392.72B▲ 0.3% | 395.81B▲ 0.8% | 390.43B▼ 1.4% |
| Equity Growth % | 0.64% | 3.48% | -0.6% | -96.39% | 2708.87% | 0.62% | 0.3% | 0.79% | -1.36% |
| Shareholders Equity | 364.88B | 376.56B | 374.16B | 13.45B | 377.38B | 379.12B | 380.29B | 382.83B | 390.43B |
| Minority Interest | 8.7B | 10.01B | 10.12B | 403.14M | 11.75B | 12.41B | 12.43B | 12.98B | 0 |
| Common Stock | 77.57B | 77.57B | 77.57B | 2.76B | 77.57B | 77.57B | 77.57B | 77.57B | 0 |
| Additional Paid-in Capital | 147.35B | 147.35B | 149.76B | 5.24B | 149.81B | 149.84B | 149.83B | 150.05B | 0 |
| Retained Earnings | 117.46B | 127.39B | 146.23B | 1.82B | 150.41B | 151.93B | 152.53B | 154.61B | 0 |
| Accumulated OCI | 382.67M | 459.91M | 587M | 3.62B | -408M | -223M | 352.89M | 585.68M | 376.61B |
| Return on Assets (ROA) | 8.66% | 7.73% | 6.98% | 13.5% | 13.42% | 7.02% | 7.06% | 7.03% | - |
| Return on Equity (ROE) | 10.44% | 9.34% | 8.55% | 16.79% | 17.68% | 9.31% | 9.43% | 9.43% | 9.94% |
| Debt / Equity | 0.00x | 0.00x | 0.03x | 0.10x | 0.10x | 0.11x | 0.11x | 0.11x | - |
| Debt / Assets | 0.37% | 0.36% | 2.4% | 7.55% | 7.59% | 8.31% | 8.33% | 8.09% | - |
| Net Debt / EBITDA | -0.35x | -0.33x | -0.30x | 0.00x | -0.01x | -0.08x | 0.11x | 0.08x | - |
| Book Value per Share | 480.93 | 497.74 | 494.86 | 17.84 | 501.13 | 504.22 | 505.71 | 509.08 | 503.55 |
Chunghwa Telecom Co., Ltd. (CHT) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 |
|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 70.93B | 66.37B | 72.43B | 74.46B | 74.86B | 75.95B | 74.56B | 79.24B | 0 |
| Operating CF Growth % | 9.21% | -6.44% | 9.13% | 2.8% | 0.54% | 1.46% | -1.83% | 6.28% | -100% |
| Operating CF / Revenue % | 31.18% | 30.8% | 40.39% | 35.9% | 35.74% | 35.21% | 33.66% | 34.67% | 0% |
| Net Income | 48B | 44.98B | 41.87B | 42.83B | 46.07B | 47.2B | 36.96B | 47.84B | 38.69B |
| Depreciation & Amortization | 31.93B | 31.87B | 35.18B | 36.37B | 38.4B | 39.43B | 40.51B | 39.62B | 0 |
| Deferred Taxes | -5.67B | -10.63B | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -180.97M | 1.76B | -7.92B | -7.93B | -7.64B | -7.85B | -697.5M | -9.09B | -38.69B |
| Working Capital Changes | -3.17B | -1.63B | 3.3B | 3.19B | -1.98B | -2.85B | -2.22B | 863M | 0 |
| Capital Expenditures | -38.18B | -29.05B | -24.53B | -71.12B | -35.59B | -33.43B | -50.17B | -28.99B | 0 |
| CapEx / Revenue % | 16.78% | 13.48% | 13.48% | 11.34% | 16.87% | 14.62% | 22.65% | 12.58% | 0% |
| CapEx / D&A | 1.20x | 0.91x | 0.69x | 0.65x | 0.92x | 0.80x | 1.24x | 0.73x | - |
| CapEx Coverage (OCF/CapEx) | 1.86x | 2.28x | 3.00x | 3.17x | 2.12x | 2.41x | 1.49x | 2.76x | - |
| Cash from Investing | -36.72B | -32.61B | -27.13B | -68.25B | -31.17B | -30.79B | -50.17B | -35.33B | 0 |
| Acquisitions | -10.24B | -182.34M | -4.16B | 344M | -321M | 288M | -1.55B | -776M | 0 |
| Purchase of Investments | -6.63B | -10.01B | -14.88B | -5.34B | -17.73B | -6.05B | -45.68B | -75.39B | 0 |
| Sale of Investments | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 |
| Other Investing | 10.52B | 964.42M | -594M | -46.7B | 825M | -891M | -799.69M | -456M | 0 |
| Cash from Financing | -36.61B | -35.04B | -38.93B | -9.8B | -34.31B | -34.8B | -40.73B | -41.52B | 0 |
| Dividends Paid | -38.34B | -37.2B | -34.75B | -32.78B | -33.4B | -35.75B | -36.48B | -36.91B | 0 |
| Dividend Payout Ratio % | 98.62% | 104.8% | 105.46% | 98.1% | 93.79% | 98.32% | 98.7% | 99.25% | - |
| Debt Issuance (Net) | -1000K | 1000K | -1000K | 1000K | -1000K | 1000K | -1000K | -1000K | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 1.8B | 2.14B | -450M | -309M | 2.82B | 566M | -233M | -327M | 0 |
| Net Change in Cash | -2.28B▲ 0% | -1.18B▲ 48.1% | 6.41B▲ 642.7% | -3.63B▼ 156.7% | 9.36B▲ 357.8% | 10.41B▲ 11.3% | -16.37B▼ 257.2% | 2.44B▲ 114.9% | -36.26B▼ 1588.5% |
| Exchange Rate Effect | 1000K | 1000K | 1000K | -1000K | -1000K | 1000K | -1000K | 1000K | 0 |
| Cash at Beginning | 31.1B | 28.82B | 27.64B | 34.05B | 30.42B | 39.78B | 50.19B | 33.82B | 36.26B |
| Cash at End | 28.82B | 27.64B | 34.05B | 30.42B | 39.78B | 50.19B | 33.82B | 36.26B | 0 |
| Free Cash Flow | 32.75B▲ 0% | 37.32B▲ 13.9% | 47.9B▲ 28.3% | 3.34B▼ 93.0% | 39.27B▲ 1075.7% | 42.52B▲ 8.3% | 24.39B▼ 42.7% | 50.25B▲ 106.1% | 0▼ 100.0% |
| FCF Growth % | -20.41% | 13.94% | 28.35% | -93.03% | 1075.72% | 8.29% | -42.65% | 106.09% | -100% |
| FCF Margin % | 14.4% | 17.32% | 26.71% | 1.61% | 18.75% | 19.71% | 11.01% | 21.99% | 0% |
| FCF / Net Income % | 84.25% | 105.12% | 145.38% | 9.99% | 110.26% | 116.96% | 65.98% | 135.13% | 0% |
Chunghwa Telecom Co., Ltd. (CHT) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 10.75% | 10.44% | 9.34% | 8.55% | 16.79% | 17.68% | 9.31% | 9.43% | 9.43% | 9.94% |
| EBITDA Margin | 35.03% | 34.55% | 35.94% | 41.65% | 37.96% | 39.79% | 39.99% | 38.83% | 37.84% | 35.6% |
| Net Debt / EBITDA | -0.36x | -0.35x | -0.33x | -0.30x | 0.00x | -0.01x | -0.08x | 0.11x | 0.08x | - |
| Interest Coverage | 2428.58x | 2131.29x | 2480.32x | 11382.29x | 205.64x | 206.10x | 178.04x | 145.31x | 138.27x | - |
| CapEx / Revenue | 10.35% | 16.78% | 13.48% | 13.48% | 11.34% | 16.87% | 14.62% | 22.65% | 12.58% | 0% |
| Dividend Payout Ratio | 106.2% | 98.62% | 104.8% | 105.46% | 98.1% | 93.79% | 98.32% | 98.7% | 99.25% | - |
| Debt / Equity | 0.00x | 0.00x | 0.00x | 0.03x | 0.10x | 0.10x | 0.11x | 0.11x | 0.11x | - |
| EPS Growth | -6.18% | -3.1% | -8.6% | -7.66% | 1.9% | 6.98% | 2.17% | 1.28% | 0.63% | 4.18% |
Chunghwa Telecom Co., Ltd. (CHT) stock FAQ — growth, dividends, profitability & financials explained
Chunghwa Telecom Co., Ltd. (CHT) reported $236.02B in revenue for fiscal year 2025. This represents a 28% increase from $184.40B in 2001.
Chunghwa Telecom Co., Ltd. (CHT) grew revenue by 3.3% over the past year. Growth has been modest.
Yes, Chunghwa Telecom Co., Ltd. (CHT) is profitable, generating $38.78B in net income for fiscal year 2025 (16.6% net margin).
Chunghwa Telecom Co., Ltd. (CHT) has a return on equity (ROE) of 9.9%. This is below average, suggesting room for improvement.
Chunghwa Telecom Co., Ltd. (CHT) generated $36.79B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
Chunghwa Telecom Co., Ltd. (CHT) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.
Chunghwa Telecom Co., Ltd. (CHT) financial analysis — history, returns, DCA and operating performance tools
Analyst verdict, bull/bear case, risk factors and peer comparison
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates