Chunghwa Telecom Financials
Chunghwa Telecom (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).
Chunghwa Telecom’s operating model turns stable earnings into cash, supporting reinvestment and dividends without meaningful borrowing.
Across FY2023-FY2025, operating cash flow stayed near 2.0x net income while capital spending remained below42.0% of operating cash flow, so free cash flow kept covering cash dividends despite only small movement in net margin. That combination suggests the business’s economics are anchored more in recurring cash collection than in accounting accruals or external financing.
Profitability is tightly range-bound: net margin sat between
The balance sheet is being used conservatively: debt to equity stayed near 0.02x and the current ratio remained around 1.4x-1.5x over the last three years. In FY2025, free cash flow of
Financial Health Signals
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'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.
Not available for Chunghwa Telecom, and counted as zero in the overall score.
Chunghwa Telecom's revenue grew 7.3% year-over-year to $7.5B, a solid pace of expansion. This earns a growth score of 37/100.
Chunghwa Telecom 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.
Chunghwa Telecom'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.
Chunghwa Telecom converts 21.1% of revenue into free cash flow ($1.6B). This strong cash generation earns a score of 88/100.
Not available for Chunghwa Telecom, and counted as zero in the overall score.
Chunghwa Telecom 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.
For every $1 of reported earnings, Chunghwa Telecom 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
Earnings & Revenue
Chunghwa Telecom generated $7.5B in revenue in fiscal year 2025. This represents an increase of 7.3% from the prior year.
Chunghwa Telecom reported $1.3B in net income in fiscal year 2025. This represents an increase of 10.0% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Cash & Balance Sheet
Chunghwa Telecom generated $1.6B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 3.0% from the prior year.
Chunghwa Telecom held $1.2B in cash against $223.0M in long-term debt as of fiscal year 2025, with $2.6B of liabilities due within a year.
Not reported for fiscal year 2025.
Margins & Returns
Chunghwa Telecom's net profit margin was 17.2% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.4 percentage points from the prior year.
Chunghwa Telecom's ROE was 10.2% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.4 percentage points from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 2025.
Capital Allocation
Chunghwa Telecom invested $883.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 0.7% from the prior year.
Not reported for fiscal year 2025.
Not reported for fiscal year 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.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, EPS (Diluted).
CHT Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
Not reported in any period shown, so not listed: Accounts Receivable.
CHT Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
Not reported in any period shown, so not listed: Share Buybacks.
CHT Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 |
|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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% |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin.
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Where Chunghwa Telecom Ranks
Frequently Asked Questions
What is Chunghwa Telecom's annual revenue?
Chunghwa Telecom (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's revenue growing?
Chunghwa Telecom (CHT) revenue grew by 7.3% year-over-year, from $7.0B to $7.5B in fiscal year 2025.
Is Chunghwa Telecom profitable?
Yes, Chunghwa Telecom (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 have?
As of fiscal year 2025, Chunghwa Telecom (CHT) had $1.2B in cash and equivalents against $223.0M in long-term debt.
What is Chunghwa Telecom's net profit margin?
Chunghwa Telecom (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's return on equity (ROE)?
Chunghwa Telecom (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's free cash flow?
Chunghwa Telecom (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's operating cash flow?
Chunghwa Telecom (CHT) generated $2.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Chunghwa Telecom's total assets?
Chunghwa Telecom (CHT) had $17.1B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Chunghwa Telecom's capital expenditures?
Chunghwa Telecom (CHT) invested $883.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
What is Chunghwa Telecom's current ratio?
Chunghwa Telecom (CHT) had a current ratio of 1.45 as of fiscal year 2025, which is considered adequate.
What is Chunghwa Telecom's debt-to-equity ratio?
Chunghwa Telecom (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's return on assets (ROA)?
Chunghwa Telecom (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's Piotroski F-Score?
Chunghwa Telecom (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's earnings high quality?
Chunghwa Telecom (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?
Chunghwa Telecom (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.