Chunghwa Telecom Co., Ltd. (CHT) is listed on NYSE and operates in the Telecommunications Services industry (Communication Services sector).
Chunghwa Telecom Co., Ltd., together with its subsidiaries, provides telecommunication services in Taiwan and internationally. It operates through Domestic Fixed Communications Business, Mobile Communications Business, Internet Business, International Fixed Communications Business, and Others segments. The company offers local and domestic long-distance telephone, broadband access, and related services; information and communication technology and VAS services; and interconnection with its fixed-line network to other mobile and fixed-line operators. It also provides mobile; HiNet Internet, data communication, and cloud; Internet data center; and international long-distance telephone and data services. In addition, the company distributes and sells mobile handsets, data cards, electronic materials, and computing and business machinery equipment and software; designs, develops, manufactures, sells, and services semiconductor testing components, printed circuit boards, and electronic components and finished products, and automatic license plate recognition software and hardware products. Further, it offers real estate development and property management; system, network, and communications integration; intelligent buildings and energy network; digital information supply and advertisement; property and liability insurance agency; family education; computing equipment installation; management consultancy; data processing; telecommunication engineering; Internet identify; and in...
| Rating | Analysts |
|---|---|
| Strong Buy | 0 |
| Buy | 1 |
| Hold | 1 |
| Sell | 2 |
| Strong Sell | 0 |
Chunghwa Telecom Co., Ltd., established in 1996 and headquartered in Taipei City, Taiwan, provides a range of telecommunications services both domestically and internationally. The company operates through several segments, including Domestic Fixed Communications, Mobile Communications, Internet, and International Fixed Communications. It offers services such as local and long-distance telephone, broadband access, and interconnection with other mobile and fixed-line operators. Chunghwa Telecom also provides mobile services, Internet data communication, cloud services, and international long-distance communication. The company is involved in the distribution and sale of mobile handsets, data cards, and computing equipment. Additionally, it engages in the design and development of semiconductor testing components, printed circuit boards, and electronic components. Chunghwa Telecom offers real estate development, property management, system integration, digital information supply, and telecommunication engineering services. It also provides software design, Internet content production, motion picture production, and energy-saving solutions. The company is active in various sectors, including information and communication technology, property and liability insurance, and management consultancy.
Over the past three fiscal years, the company has demonstrated a steady growth trajectory, with revenue increasing at a 3.2% CAGR from TWD 221.5 billion in 2023 to TWD 236.1 billion in 2025. This growth has been accompanied by a consistent increase in earnings per share (EPS), which rose from 47.6 to 49.9, reflecting a 2.4% CAGR. Despite this revenue growth, the company's profitability margins have shown some inconsistency. The gross margin slightly improved by 0.8pp to 36.8%, while the operating and net margins experienced slight compressions, decreasing by 0.4pp and 0.3pp, respectively. On the cash generation front, the company has maintained positive free cash flow (FCF), which grew at a notable 6.7% CAGR, reaching TWD 49.6 billion in 2025, supported by a strong FCF margin of 21.0%. The company's net debt position has significantly decreased, dropping from TWD 9.8 billion to TWD 0.9 billion, indicating a strengthened balance sheet. Additionally, the company has improved its capital efficiency, as evidenced by a declining capex intensity and a consistent increase in FCF conversion, which reached 64.0%. The company's return on invested capital (ROIC) has also shown a steady increase, reaching 10.7%, suggesting effective capital allocation. Overall, the company has managed to enhance its financial stability and efficiency while navigating through margin pressures.
Chunghwa Telecom Co., Ltd. recently reported its unaudited consolidated operating results for the fourth quarter of 2025, highlighting a modest increase in total revenue. The company's basic earnings per share (EPS) was NT$1. For the full year of 2025, Chunghwa Telecom saw a 2% rise in total revenue. These financial results were disclosed on February 2, 2026. Additionally, Chunghwa Telecom has provided its guidance for 2026, emphasizing a strategic focus on "AI Everywhere" with initiatives in advancing technology, expanding business, and extending its footprint. The company aims to drive growth through IDC and cloud services, cybersecurity, and Pre-6G smart applications, as well as expanding its content business, particularly with MOD and Hami Video platforms. On April 15, 2026, Chunghwa Telecom filed its 2025 Annual Report on Form 20-F with the U.S. SEC, further detailing its operational and financial performance. Despite these developments, there have been no recent analyst rating changes or major product launches reported. The company's stock price recently crossed above its 200-day moving average, indicating potential positive market sentiment.