Chunghwa Telecom

US · CHT #599 by market cap Listed 2003

45.78 -0.30 -0.65%

Live - 5344 symbols - heartbeat 53s ago · 2026-10-07 19:54

After-hours 45.78 0.00%

Market cap: 35.51B
P/E (TTM): 29.33
P/B: 2.95
EPS: 1.56
Div yield: 0.00%
52W pos: 93%

Reader sentiment Are you bullish or bearish on CHT?

Anonymous reader poll. Unscientific, not investment advice.

✦ Quant Financial Health how this is computed

Weak

Altman Z-Score is 1.38, below the 1.8 "distress zone" threshold.
Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.

Revenue annual, last 8 years

Latest year +2.67% YoY

Margins

Gross margin: 36.47%
Operating margin: 20.73%
Net margin: 16.49%

Key ratios & quality

Enterprise value: 7.94B
PEG ratio: 13.92
Altman Z-Score: 1.38

PEG uses trailing P/E against the 3-year net income growth rate (2.11%/yr) since forward earnings estimates aren't available here, so this is not a "forward PEG." Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.

Income statement

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	215.48B	207.52B	207.61B	210.48B	216.74B	223.20B	229.97B	236.11B
Gross profit	75.94B	71.36B	70.36B	74.33B	78.99B	79.73B	81.99B	85.61B
Selling & admin expenses	27.76B	26.98B	25.92B	26.24B	29.40B	30.40B	32.28B	33.74B
Research & development	3.73B	3.94B	3.85B	3.69B	3.77B	3.89B	4.17B	4.36B
Operating profit	43.53B	40.77B	40.77B	45.30B	46.73B	46.99B	46.75B	48.66B
Pretax profit	44.99B	41.87B	42.83B	46.07B	47.20B	47.01B	47.84B	50.27B
Tax	6.41B	7.95B	8.12B	9.02B	9.34B	8.95B	9.33B	9.78B
Net profit	38.58B	33.92B	34.70B	37.05B	37.87B	38.06B	38.51B	40.49B
Basic EPS	48	43	43	46	47	48	48	50
Diluted EPS	48.30	42.40	43.00	45.90	46.80	47.60	47.80	49.80

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Revenue	55.81B	56.73B	57.92B	65.65B	59.99B	61.36B
Gross profit	21.23B	21.44B	21.19B	21.75B	22.43B	22.66B
Selling & admin expenses	7.93B	8.17B	8.16B	9.51B	8.40B	8.63B
Research & development	1.03B	1.10B	1.10B	1.13B	1.11B	1.14B
Operating profit	12.52B	12.54B	12.10B	11.50B	13.10B	13.26B
Pretax profit	12.70B	13.13B	12.26B	12.18B	13.18B	13.95B
Tax	2.50B	2.53B	2.40B	2.34B	2.57B	2.69B
Net profit	10.20B	10.60B	9.85B	9.84B	10.61B	11.27B
Basic EPS	13	13	12	12	13	14
Diluted EPS	12.60	13.10	12.20	12.00	13.00	13.70

Balance sheet

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Total current assets	91.69B	94.07B	81.80B	91.02B	101.90B	103.20B	112.97B	117.37B
Cash & ST investments	37.15B	41.55B	36.55B	44.08B	53.00B	53.28B	58.93B	58.59B
Inventory	17.54B	19.68B	14.57B	14.16B	14.70B	13.75B	14.09B	15.32B
Total assets	467.06B	477.13B	506.18B	512.88B	523.00B	523.74B	534.30B	535.68B
Total current liabilities	63.22B	66.14B	73.22B	66.23B	67.74B	67.75B	82.00B	81.07B
Short-term debt	100.00M	3.38B	12.05B	3.28B	4.06B	5.69B	12.58B	6.13B
Long-term debt	1.60B	1.60B	19.98B	28.58B	32.08B	30.48B	23.32B	24.89B
Total liabilities	82,527,000,000.00	92,856,000,000.00	118,907,000,000.00	123,745,000,000.00	131,467,000,000.00	131,022,000,000.00	138,491,000,000.00	137,209,000,000.00
Total equity	384.53B	384.27B	387.27B	389.13B	391.53B	392.72B	395.81B	398.47B
Retained earnings	146.88B	146.23B	147.82B	150.41B	151.93B	152.53B	154.61B	154.61B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Total current assets	118.62B	128.70B	99.79B	117.37B	134.46B	143.77B
Cash & ST investments	65.01B	73.95B	40.11B	58.59B	66.74B	79.57B
Inventory	13.82B	14.20B	15.89B	15.32B	17.53B	20.26B
Total assets	537.23B	544.48B	513.10B	535.68B	547.81B	553.63B
Total current liabilities	72.88B	111.63B	66.52B	81.07B	81.80B	117.47B
Short-term debt	13.07B	14.99B	6.47B	6.13B	9.89B	8.39B
Long-term debt	23.32B	21.42B	24.89B	24.89B	23.29B	23.03B
Total liabilities	128,954,737,000.00	164,861,133,000.00	122,665,684,000.00	137,209,000,000.00	136,380,954,000.00	171,548,938,000.00
Total equity	408.28B	379.62B	390.43B	398.47B	411.43B	382.08B
Retained earnings	145.00B	116.38B	125.82B	154.61B	145.32B	115.63B

Cash flow

Line item	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	66.37B	72.43B	74.46B	74.86B	75.95B	79.24B	74.56B	77.45B
Depreciation & amortization	31.87B	35.18B	36.37B	38.40B	39.43B	39.62B	39.66B	40.22B
Free cash flow	37.32B	47.90B	3.34B	39.27B	42.52B	50.25B	43.58B	49.60B
Dividends paid	-37.21B	-34.75B	-32.78B	-33.40B	-35.75B	-36.91B	-36.48B	-38.79B
Stock buybacks / issuance	--	--	--	--	--	--	--	--
Ending cash balance	27.65B	34.05B	30.42B	39.78B	50.19B	36.26B	33.82B	36.94B

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
Operating cash flow	12.95B	16.33B	16.17B	31.99B	11.10B	20.64B
Depreciation & amortization	10.01B	10.03B	10.01B	10.16B	10.20B	10.25B
Free cash flow	7.17B	9.38B	10.03B	23.02B	6.24B	15.21B
Dividends paid	--	--	--	232.00K	--	--
Stock buybacks / issuance	--	--	--	--	--	--
Ending cash balance	29.05B	35.03B	23.53B	36.94B	35.23B	42.22B

Returns & efficiency

Line item	2018	2019	2020	2021	2022	2023	2024	2025
ROE %	10.21	8.80	8.91	9.45	9.61	9.73	9.75	10.09
ROA %	8.18	6.98	6.80	6.99	7.02	7.06	7.03	7.23
ROIC %	10.12	8.62	8.37	8.60	8.67	8.67	8.67	9.02
5-year avg ROE %	10.81	10.52	9.98	9.64	9.40	9.30	9.49	9.73
EBIT margin %	20.89	20.23	20.73	22.10	22.01	21.37	21.08	21.57
FCF / sales %	17.32	23.08	1.61	18.75	19.71	19.68	21.99	21.13
Current ratio	1.45	1.42	1.12	1.37	1.50	1.52	1.38	1.45
Quick ratio	1.14	1.09	0.88	1.12	1.25	1.27	1.15	1.19
Debt / assets	0.36	2.40	7.56	7.59	8.31	8.33	8.09	7.10
LT debt / equity	0.43	2.16	6.96	9.44	10.40	9.98	8.01	8.30
Interest coverage	2,500.22	403.57	208.89	212.32	180.48	148.36	142.12	136.86
Revenue CAGR (3Y) %	-2.40	-3.40	-3.04	-0.94	1.33	2.22	2.96	2.86
Net income CAGR (3Y) %	-3.69	-6.64	-5.01	-1.75	3.34	3.41	1.45	2.11
FCF CAGR (3Y) %	-2.98	5.19	-53.28	1.71	-3.89	146.87	3.53	5.27

Line item	2025-03	2025-06	2025-09	2025-12	2026-03	2026-06
ROE %	9.54	10.37	10.22	10.09	9.86	10.77
ROA %	7.06	7.02	7.51	7.23	7.19	7.19
ROIC %	8.50	9.16	9.11	9.02	8.82	9.59
5-year avg ROE %	--	--	--	--	--	--
EBIT margin %	21.32	21.43	21.55	21.57	21.39	21.33
FCF / sales %	21.24	20.96	18.91	21.13	20.37	22.38
Current ratio	1.63	1.15	1.50	1.45	1.64	1.22
Quick ratio	1.33	0.95	1.14	1.19	1.31	0.99
Debt / assets	8.16	8.02	7.52	7.10	7.26	6.90
LT debt / equity	7.78	7.81	8.53	8.30	7.54	8.13
Interest coverage	141.70	140.34	140.41	136.86	133.45	131.12
Revenue CAGR (3Y) %	--	--	--	--	--	--
Net income CAGR (3Y) %	--	--	--	--	--	--
FCF CAGR (3Y) %	--	--	--	--	--	--

✦ Quant Revenue Concentration how this is computed

Lead segment, long tail

Consumer Business is the largest reported line at 59.39% of revenue, across 5 reported segments.
Enterprise Business follows at 32.47%, so the top line still matters most but isn’t the whole story.

Revenue breakdown most recent period

Business

Consumer Business59.39%

Enterprise Business32.47%

International Business6.79%

Others3.46%

Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.