CHUNGHWA TELECOM CO., LTD (CHT) Financials

CHT

FY2025 annual

Revenue $7.5B +7.3% YoY

Net Income $1.3B +10.0% YoY

Free Cash Flow $1.6B +3.0% YoY

Operating Cash Flow $2.5B +2.2% YoY

Market Cap $35.8B as of Oct 3, 2026

Price / Sales 4.8x on $7.5B revenue, FY2025

Price / Earnings 27.7x on $1.3B net income, FY2025

Price / Book 3.0x on $12.1B equity, Q3 FY2025

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 3, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period FY2025, ended Apr 15, 2026 Reported Apr 15, 2026 Currency USD FYE April

Newest figures come from the 20-F for FY2025, filed Apr 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the CHT SEC filings page.

CHUNGHWA TELECOM CO., LTD (CHT) reported $7.5B in revenue for fiscal year 2025, up 7.3% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI CHT FY2025 2026-10-04

The business repeatedly converts profit into cash and carries little debt, while FY2025 earnings recovered without restoring earlier margins.

In FY2025, operating cash flow of $2.47B was nearly twice net income of $1.29B, placing reported earnings below cash generation. After $883M of capital spending, free cash flow of $1.59B exceeded $1.24B of dividends, leaving most internally generated cash committed to distribution rather than retained.

Revenue rebounded to $7.53B from $7.01B in FY2024, indicating a recovery after the prior contraction. Net margin reached 17.2% from 16.7% in FY2024, but remained below 17.6% in FY2021, so profitability improved without fully restoring its earlier level.

Long-term debt was only $223M against $12.70B of equity, meaning the balance sheet is funded primarily by equity rather than borrowing. A 1.4x current ratio also shows current assets exceed near-term liabilities, while the combination of low debt and steady cash generation limits dependence on lenders.

Financial Health Signals

Financial Health Score 42/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of CHUNGHWA TELECOM CO., LTD's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Not available for CHUNGHWA TELECOM CO., LTD, and counted as zero in the overall score.

Growth

CHUNGHWA TELECOM CO., LTD's revenue grew 7.3% year-over-year to $7.5B, a solid pace of expansion. This earns a growth score of 36/100.

Leverage

CHUNGHWA TELECOM CO., LTD carries a low D/E ratio of 0.02, meaning only $0.02 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 87/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

CHUNGHWA TELECOM CO., LTD's current ratio of 1.45 indicates adequate short-term liquidity, earning a score of 39/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

CHUNGHWA TELECOM CO., LTD converts 21.1% of revenue into free cash flow ($1.6B). This strong cash generation earns a score of 87/100.

Returns

Not available for CHUNGHWA TELECOM CO., LTD, and counted as zero in the overall score.

Piotroski F-Score Partial

8/8

CHUNGHWA TELECOM CO., LTD passes 8 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.91x

For every $1 of reported earnings, CHUNGHWA TELECOM CO., LTD generates $1.91 in operating cash flow ($2.5B OCF vs $1.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

None of these metrics is reported for Q3 2025.

Cash & Balance Sheet

Cash & Debt

$1.1B

YoY+7.2%

QoQ+7.2%

CHUNGHWA TELECOM CO., LTD held $1.1B in cash against $224.0M in long-term debt as of Q3 2025, with $2.5B of liabilities due within a year.

Shares Outstanding

7.76B

YoY0.0%

QoQ0.0%

CHUNGHWA TELECOM CO., LTD had 7.76B shares outstanding in Q3 2025. That is unchanged from the same quarter a year earlier. It is unchanged from the prior quarter.

Free Cash Flow

Not reported for Q3 2025.

Dividends Per Share

Not reported for Q3 2025.

Margins & Returns

None of these metrics is reported for Q3 2025.

Capital Allocation

None of these metrics is reported for Q3 2025.

CHT Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CHT quarterly income statement

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Revenue	$7.5B+7.3%	$7.0B-3.8%	$7.3B+3.3%	$7.1B-7.1%	$7.6B+2.6%	$7.4B+6.6%	$6.9B-1.4%	$7.0B-8.3%	$7.7B
Interest Expense	N/A	$10.0M0.0%	$10.0M+11.1%	$9.0M+12.5%	$8.0M+14.3%	$7.0M+133.3%	$3.0M+200.0%	$1.0M0.0%	$1.0M
Income Tax	$312.0M+9.5%	$285.0M-2.4%	$292.0M-3.9%	$304.0M-6.5%	$325.0M+12.5%	$289.0M+8.6%	$266.0M+26.7%	$210.0M-20.8%	$265.0M
Net Income	$1.3B+10.0%	$1.2B-5.6%	$1.2B+0.9%	$1.2B-7.8%	$1.3B+8.1%	$1.2B+9.0%	$1.1B-10.0%	$1.3B-7.0%	$1.4B
Diluted Shares (Avg)	7.76B-0.1%	7.78B+0.1%	7.76B0.0%	7.76B0.0%	7.76B0.0%	7.76B0.0%	7.76B0.0%	7.77B0.0%	7.77B

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K

Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, Net Income, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).

CHT Balance Sheet

CHT quarterly balance sheet

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Total Assets	$17.1B+4.8%	$16.3B-4.7%	$17.1B+0.5%	$17.0B-8.0%	$18.5B+2.6%	$18.0B+13.0%	$16.0B+4.5%	$15.3B+0.3%	$15.2B
Current Assets	$3.7B+8.6%	$3.4B+2.2%	$3.4B+1.7%	$3.3B+1.1%	$3.3B+12.6%	$2.9B-7.4%	$3.1B+5.0%	$3.0B+11.9%	$2.7B
Cash & Equivalents	$1.2B+6.5%	$1.1B+7.2%	$1.0B-37.0%	$1.6B+26.7%	$1.3B+18.0%	$1.1B-9.5%	$1.2B+31.2%	$924.0M-1.9%	$942.0M
Inventory	$420.0M+13.8%	$369.0M-1.9%	$376.0M+2.2%	$368.0M-9.8%	$408.0M-7.7%	$442.0M-23.8%	$580.0M+17.4%	$494.0M+65.8%	$298.0M
Goodwill	$1.9B-5.7%	$2.0B-14.9%	$2.4B-7.8%	$2.6B-14.8%	$3.0B-5.8%	$3.2B+104.3%	$1.6B-5.5%	$1.7B-10.2%	$1.9B
Total Liabilities	$4.4B+3.6%	$4.2B-1.3%	$4.3B0.0%	$4.3B-4.1%	$4.5B+5.3%	$4.2B+36.4%	$3.1B+15.1%	$2.7B-2.0%	$2.8B
Current Liabilities	$2.6B+3.3%	$2.5B+13.0%	$2.2B+0.4%	$2.2B-7.7%	$2.4B-8.5%	$2.6B+18.0%	$2.2B+7.1%	$2.1B-4.3%	$2.2B
Non-Current Liabilities	$1.8B+3.9%	$1.7B-16.6%	$2.1B-0.4%	$2.1B0.0%	$2.1B+27.5%	$1.6B+82.2%	$893.0M+41.5%	$631.0M+6.4%	$593.0M
Long-Term Debt	$223.0M-0.4%	$224.0M-8.2%	$244.0M+2.1%	$239.0M-6.3%	$255.0M+15.4%	$221.0M+2.3%	$216.0M	N/A	N/A
Total Equity	$12.7B+5.2%	$12.1B-5.9%	$12.8B+0.7%	$12.7B-9.2%	$14.0B+1.7%	$13.8B+7.3%	$12.8B+2.3%	$12.6B+0.8%	$12.5B
Retained Earnings	$4.9B+4.5%	$4.7B-5.4%	$5.0B+0.8%	$4.9B-8.8%	$5.4B+3.0%	$5.3B+7.7%	$4.9B+1.9%	$4.8B+5.4%	$4.6B

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K
Total Assets	$16.3B-4.7%	$17.1B+0.5%	$17.0B-8.0%	$18.5B+2.6%	$18.0B+13.0%	$16.0B+4.5%	$15.3B+0.3%	$15.2B
Current Assets	$3.4B+2.2%	$3.4B+1.7%	$3.3B+1.1%	$3.3B+12.6%	$2.9B-7.4%	$3.1B+5.0%	$3.0B+11.9%	$2.7B
Cash & Equivalents	$1.1B+7.2%	$1.0B-37.0%	$1.6B+26.7%	$1.3B+18.0%	$1.1B-9.5%	$1.2B+31.2%	$924.0M-1.9%	$942.0M
Inventory	$369.0M-1.9%	$376.0M+2.2%	$368.0M-9.8%	$408.0M-7.7%	$442.0M-23.8%	$580.0M+17.4%	$494.0M+65.8%	$298.0M
Goodwill	$2.0B-14.9%	$2.4B-7.8%	$2.6B-14.8%	$3.0B-5.8%	$3.2B+104.3%	$1.6B-5.5%	$1.7B-10.2%	$1.9B
Total Liabilities	$4.2B-1.3%	$4.3B0.0%	$4.3B-4.1%	$4.5B+5.3%	$4.2B+36.4%	$3.1B+15.1%	$2.7B-2.0%	$2.8B
Current Liabilities	$2.5B+13.0%	$2.2B+0.4%	$2.2B-7.7%	$2.4B-8.5%	$2.6B+18.0%	$2.2B+7.1%	$2.1B-4.3%	$2.2B
Non-Current Liabilities	$1.7B-16.6%	$2.1B-0.4%	$2.1B0.0%	$2.1B+27.5%	$1.6B+82.2%	$893.0M+41.5%	$631.0M+6.4%	$593.0M
Long-Term Debt	$224.0M-8.2%	$244.0M+2.1%	$239.0M-6.3%	$255.0M+15.4%	$221.0M+2.3%	$216.0M	N/A	N/A
Total Equity	$12.1B-5.9%	$12.8B+0.7%	$12.7B-9.2%	$14.0B+1.7%	$13.8B+7.3%	$12.8B+2.3%	$12.6B+0.8%	$12.5B
Retained Earnings	$4.7B-5.4%	$5.0B+0.8%	$4.9B-8.8%	$5.4B+3.0%	$5.3B+7.7%	$4.9B+1.9%	$4.8B+5.4%	$4.6B

Not reported in any period shown, so not listed: Short-Term Investments, Accounts Receivable, Long-Term Investments.

CHT Cash Flow Statement

CHT quarterly cash flow statement

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Operating Cash Flow	$2.5B+2.2%	$2.4B-0.8%	$2.4B-1.5%	$2.5B-8.4%	$2.7B+1.8%	$2.7B+9.5%	$2.4B+11.7%	$2.2B-9.4%	$2.4B
Capital Expenditures	$883.0M+0.7%	$877.0M-12.6%	$1.0B-2.1%	$1.0B-19.5%	$1.3B+52.0%	$838.0M+3.8%	$807.0M-13.5%	$933.0M+2.9%	$907.0M
Free Cash Flow	$1.6B+3.0%	$1.5B+7.5%	$1.4B-1.0%	$1.4B+1.5%	$1.4B-21.4%	$1.8B+12.4%	$1.6B+30.7%	$1.2B-16.9%	$1.5B
Investing Cash Flow	-$901.0M+16.4%	-$1.1B+34.2%	-$1.6B-63.4%	-$1.0B+10.8%	-$1.1B+53.7%	-$2.4B-168.0%	-$907.0M+14.9%	-$1.1B+14.0%	-$1.2B
Financing Cash Flow	-$1.5B-22.0%	-$1.3B+4.8%	-$1.3B-17.5%	-$1.1B+8.5%	-$1.2B-254.4%	-$349.0M+73.2%	-$1.3B-13.8%	-$1.1B+7.3%	-$1.2B
Dividends Paid	$1.2B+9.8%	$1.1B-5.5%	$1.2B+2.4%	$1.2B-3.4%	$1.2B+3.2%	$1.2B+0.4%	$1.2B-4.4%	$1.2B-6.0%	$1.3B

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K

Not reported in any period shown, so not listed: Operating Cash Flow, Depreciation & Amortization, Stock-Based Compensation, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.

CHT Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

CHT quarterly financial ratios

Metric	FY2520-F	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K
Net Margin	17.2%+0.4pp	16.7%-0.3pp	17.1%-0.4pp	17.5%-0.1pp	17.6%+0.9pp	16.7%+0.4pp	16.3%-1.6pp	17.9%+0.3pp	17.6%
Return on Equity	10.2%+0.4pp	9.7%0.0pp	9.7%0.0pp	9.7%+0.1pp	9.5%+0.6pp	9.0%+0.1pp	8.8%-1.2pp	10.0%-0.8pp	10.9%
Return on Assets	7.6%+0.4pp	7.2%-0.1pp	7.3%0.0pp	7.2%0.0pp	7.2%+0.4pp	6.9%-0.3pp	7.1%-1.2pp	8.3%-0.6pp	8.9%
Current Ratio	1.45+0.1x	1.38-0.1x	1.520.0x	1.50+0.1x	1.37+0.3x	1.12-0.3x	1.420.0x	1.45+0.2x	1.24
Debt-to-Equity	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.02-0.2x	0.210.0x	0.22
Asset Turnover	0.440.0x	0.430.0x	0.430.0x	0.410.0x	0.410.0x	0.410.0x	0.430.0x	0.460.0x	0.50
FCF Margin	21.1%-0.9pp	22.0%+2.3pp	19.7%-0.8pp	20.5%+1.7pp	18.8%-5.8pp	24.5%+1.3pp	23.3%+5.7pp	17.5%-1.8pp	19.4%

Metric	Q3'2510-K	Q3'2410-K	Q3'2310-K	Q3'2210-K	Q3'2110-K	Q3'2010-K	Q3'1910-K	Q3'1810-K
Current Ratio	1.38-0.1x	1.520.0x	1.50+0.1x	1.37+0.3x	1.12-0.3x	1.420.0x	1.45+0.2x	1.24
Debt-to-Equity	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.020.0x	0.02-0.2x	0.210.0x	0.22

Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Asset Turnover, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
CHUNGHWA TELECOM CO., LTD CHT	FY2025	$7.5B	$1.3B	17.2%	$35.8B	42/100
Charter Comm Inc Del CL A New CHTR	FY2025	$54.8B	$5.0B	9.1%	$12.5B	45/100
America Movil S.A.B de C.V AMX	FY2025	$52.5B	$4.9B	9.3%	$63.6B	33/100

Where CHUNGHWA TELECOM CO., LTD Ranks

Frequently Asked Questions

What is CHUNGHWA TELECOM CO., LTD's annual revenue?

CHUNGHWA TELECOM CO., LTD (CHT) reported $7.5B in total revenue for fiscal year 2025. This represents a 7.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is CHUNGHWA TELECOM CO., LTD's revenue growing?

CHUNGHWA TELECOM CO., LTD (CHT) revenue grew by 7.3% year-over-year, from $7.0B to $7.5B in fiscal year 2025.

Is CHUNGHWA TELECOM CO., LTD profitable?

Yes, CHUNGHWA TELECOM CO., LTD (CHT) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 17.2%.

How much debt does CHUNGHWA TELECOM CO., LTD have?

As of fiscal year 2025, CHUNGHWA TELECOM CO., LTD (CHT) had $1.2B in cash and equivalents against $223.0M in long-term debt.

What is CHUNGHWA TELECOM CO., LTD's net profit margin?

CHUNGHWA TELECOM CO., LTD (CHT) had a net profit margin of 17.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is CHUNGHWA TELECOM CO., LTD's return on equity (ROE)?

CHUNGHWA TELECOM CO., LTD (CHT) has a return on equity of 10.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is CHUNGHWA TELECOM CO., LTD's free cash flow?

CHUNGHWA TELECOM CO., LTD (CHT) generated $1.6B in free cash flow during fiscal year 2025. This represents a 3.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is CHUNGHWA TELECOM CO., LTD's operating cash flow?

CHUNGHWA TELECOM CO., LTD (CHT) generated $2.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are CHUNGHWA TELECOM CO., LTD's total assets?

CHUNGHWA TELECOM CO., LTD (CHT) had $17.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are CHUNGHWA TELECOM CO., LTD's capital expenditures?

CHUNGHWA TELECOM CO., LTD (CHT) invested $883.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does CHUNGHWA TELECOM CO., LTD have outstanding?

CHUNGHWA TELECOM CO., LTD (CHT) had 7.76B shares outstanding as of fiscal year 2025.

What is CHUNGHWA TELECOM CO., LTD's current ratio?

CHUNGHWA TELECOM CO., LTD (CHT) had a current ratio of 1.45 as of fiscal year 2025, which is considered adequate.

What is CHUNGHWA TELECOM CO., LTD's debt-to-equity ratio?

CHUNGHWA TELECOM CO., LTD (CHT) had a debt-to-equity ratio of 0.02 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is CHUNGHWA TELECOM CO., LTD's return on assets (ROA)?

CHUNGHWA TELECOM CO., LTD (CHT) had a return on assets of 7.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is CHUNGHWA TELECOM CO., LTD's P/E ratio?

CHUNGHWA TELECOM CO., LTD (CHT) trades at 27.7x earnings, its market capitalization divided by net income of $1.3B net income, FY2025. The market capitalization is $35.8B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is CHUNGHWA TELECOM CO., LTD's price-to-sales ratio?

CHUNGHWA TELECOM CO., LTD (CHT) trades at 4.8x sales, its market capitalization divided by revenue of $7.5B revenue, FY2025. The market capitalization is $35.8B as of Oct 3, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is CHUNGHWA TELECOM CO., LTD's Piotroski F-Score?

CHUNGHWA TELECOM CO., LTD (CHT) has a Piotroski F-Score of 8 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are CHUNGHWA TELECOM CO., LTD's earnings high quality?

CHUNGHWA TELECOM CO., LTD (CHT) has an earnings quality ratio of 1.91x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is CHUNGHWA TELECOM CO., LTD?

CHUNGHWA TELECOM CO., LTD (CHT) scores 42 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.