Chunghwa Telecom
CHT · NYSERadiotelephone Communications · Reports in TWD
Chunghwa Telecom reported revenue of TWD 230B in the fiscal year ended Dec 2024, up 3.0% from the year before. Operating income was TWD 46.9B, an operating margin of 20.4%, and net income was TWD 38.5B. Operating cash flow of TWD 79.2B less capital expenditure of TWD 28.8B left free cash flow of TWD 50.5B.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Revenue | TWD 208B | TWD 210B | TWD 217B | TWD 223B | TWD 230B |
| Cost of revenue | TWD 137B | TWD 135B | TWD 137B | TWD 142B | TWD 147B |
| Gross profit | TWD 70.6B | TWD 75.4B | TWD 80B | TWD 81.4B | TWD 83.4B |
| Research & development | TWD 3.9B | TWD 3.7B | TWD 3.8B | TWD 3.9B | TWD 4.2B |
| Selling, general & admin | TWD 5B | TWD 5.3B | TWD 6.6B | TWD 6.8B | TWD 7.2B |
| Operating income | TWD 42.4B | TWD 44.9B | TWD 46.8B | TWD 46.4B | TWD 46.9B |
| Interest expense | TWD 206M | TWD 218M | TWD 263M | TWD 319M | TWD 339M |
| Pre-tax income | TWD 42.8B | TWD 46.1B | TWD 47.2B | TWD 47B | TWD 47.8B |
| Income tax | TWD 8.1B | TWD 9B | TWD 9.3B | TWD 8.9B | TWD 9.3B |
| Net income | TWD 34.7B | TWD 37B | TWD 37.9B | TWD 38.1B | TWD 38.5B |
Balance sheet
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Cash & equivalents | TWD 30.4B | TWD 39.8B | TWD 50.2B | TWD 33.8B | TWD 36.3B |
| Inventory | TWD 12.4B | TWD 11.3B | TWD 11.3B | TWD 11.5B | TWD 12.1B |
| Current assets | TWD 81.8B | TWD 91B | TWD 102B | TWD 103B | TWD 113B |
| Net PP&E | TWD 281B | TWD 289B | TWD 292B | TWD 292B | TWD 290B |
| Total assets | TWD 506B | TWD 513B | TWD 523B | TWD 524B | TWD 534B |
| Current liabilities | TWD 73.2B | TWD 66.2B | TWD 67.7B | TWD 67.8B | TWD 82B |
| Total liabilities | TWD 119B | TWD 124B | TWD 131B | TWD 131B | TWD 138B |
| Shareholders' equity | TWD 376B | TWD 377B | TWD 379B | TWD 380B | TWD 383B |
Cash flow
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Operating cash flow | TWD 74.5B | TWD 74.9B | TWD 76B | TWD 74.6B | TWD 79.2B |
| Capital expenditure | TWD 23.5B | TWD 35.3B | TWD 31.5B | TWD 30.7B | TWD 28.8B |
| Free cash flow | TWD 50.9B | TWD 39.5B | TWD 44.4B | TWD 43.8B | TWD 50.5B |
Key ratios
| Fiscal year | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 1.4% | 3.0% | 3.0% | 3.0% |
| Operating income growth (YoY) | – | 6.1% | 4.2% | −1.0% | 1.1% |
| Gross margin | 34.0% | 35.8% | 36.9% | 36.5% | 36.3% |
| Operating margin | 20.4% | 21.3% | 21.6% | 20.8% | 20.4% |
| Net margin | 16.7% | 17.6% | 17.5% | 17.1% | 16.7% |
| Return on equityBlank when equity is negative | 9.2% | 9.8% | 10.0% | 10.0% | 10.1% |
| ROCEEBIT ÷ (assets − current liabilities) | 9.8% | 10.1% | 10.3% | 10.2% | 10.4% |
| Free cash flow margin | 24.5% | 18.8% | 20.5% | 19.6% | 22.0% |
| Cash conversion (CFO ÷ net income) | 2.15x | 2.02x | 2.01x | 1.96x | 2.06x |
| Inventory days | 33 | 31 | 30 | 30 | 30 |
| Interest cover | 206x | 206x | 178x | 145x | 138x |
| Current ratio | 1.12x | 1.37x | 1.50x | 1.52x | 1.38x |
Recent filings
More in Radiotelephone Communications
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.