1. Taiwan, Province of China Stocks

  2. •

    Communication Services

  3. •

    Telecommunications Services
Chunghwa Telecom Co., Ltd.

Chunghwa Telecom Co., Ltd.

2412.TW
Chunghwa Telecom Co., Ltd.TW flagTaiwan Stock Exchange
145.50
TWD
+2.00
- -
1.13TMarket Cap
Chunghwa Telecom Co., Ltd.
2412.TW
(Taiwan Stock Exchange)

Recent

price

145.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
26.09
27.92
28.54
29.39
29.21
29.88
29.65
29.33
27.78
26.72
26.73
27
27.81
28.55
29.47
30.26
31.4
Revenue per Share
6.14
6.04
5.35
5.35
4.77
5.42
5.22
5.03
4.84
4.25
4.31
4.59
4.69
4.76
4.79
4.99
5.09
Basic EPS, GAAP
7.72
6.15
4.09
-0.12
4.92
5.27
5.3
4.22
4.81
6.17
0.43
5.06
5.48
6.48
5.62
6.39
7.03
Free Cash Flow per Basic Share
5.07
5.5
5.46
5.35
4.53
4.86
5.49
4.94
4.8
4.48
4.23
4.31
4.61
4.76
4.7
5
- -
Dividend per Share
58.75
46.56
46.3
46.19
46.51
46.96
46.49
46.53
48.3
48.23
48.48
48.65
48.87
49.02
49.35
49.52
47.26
Book Value per Share
57.64
45.75
45.55
40.46
40.99
40.45
40.39
39.45
41.73
42.17
36.85
37.83
38.66
39.42
40.4
41.19
39.96
Tangible Book Value per Share
7,757
7,789
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
7,757
Basic Weighted Avg Shares
202,430
217,493
221,420
227,981
226,609
231,795
229,991
227,514
215,483
207,315
207,390
209,441
215,709
221,495
228,575
234,751
243,588
Sales/Revenue/Turnover
28.34
25.33
22.57
20.88
19.49
21.77
21.13
20.57
20.2
19.67
19.66
21.63
21.66
21.21
20.45
20.73
20.51
Operating Margin (%)
34,064
32,306
32,160
32,192
34,114
33,448
32,485
31,930
31,868
35,176
36,366
38,401
39,429
39,619
39,655
40,216
40,627
Depreciation Expense
47,609
47,068
41,492
41,494
36,970
42,039
40,485
38,988
37,557
32,947
33,419
35,616
36,358
36,958
37,189
38,705
39,490
Net Income, GAAP
15.83
15.17
14.69
13.19
19.3
17.52
15.76
16.35
14.24
18.98
18.97
19.58
19.78
19.03
19.51
19.45
19.4
Effective Tax Rate (%)
23.52
21.64
18.74
18.2
16.31
18.14
17.6
17.14
17.43
15.89
16.11
17.01
16.86
16.69
16.27
16.49
16.21
Profit Margin (%)
48,450
41,599
40,222
-342
6,893
13,261
17,460
15,395
28,471
27,929
8,580
24,792
34,161
35,454
30,971
36,301
26,298
Working Capital
3,148
1,058
2,050
1,400
1,900
1,742
1,600
1,600
1,600
8,067
26,195
35,639
39,411
37,953
30,654
31,889
29,808
LT Debt
368,603
365,342
363,490
363,140
365,712
369,339
366,928
369,410
384,529
384,272
387,273
389,130
391,529
392,719
395,806
398,471
382,078
Total Equity
12.69
12.47
11.45
11.14
9.58
11.05
10.88
10.43
9.73
8.37
7.97
8.45
8.58
8.62
8.49
8.83
9.45
Return on Invested Capital (%)
12.43
12.46
11.02
11.06
9.93
11.16
10.64
10.23
9.65
8.2
7.87
8.05
8.12
8.29
8.26
8.5
8.95
Return on Capital (%)
12.87
12.97
11.52
11.57
10.28
11.6
11.17
10.81
10.21
8.8
8.91
9.45
9.61
9.73
9.75
10.09
10.77
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
6,130
9,890
8,391
LT Borrowings
24,888
23,288
23,028
LT Finance Leases
7,001
6,574
6,780
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7,757
7,757
7,757
Market Capitalization
1,012,347
1,031,740
1,097,679

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
117,371
134,465
143,770
Cash, Cash Equivalents & STI
58,590
66,741
79,567
Accounts Receivable, Net
27,396
29,146
25,915
Inventories
15,320
17,534
20,255
Total Current Liabilities
81,070
81,803
117,473
Payables & Accruals
52,162
44,280
79,660
ST Debt
6,130
9,890
8,391
Deferred Revenue
21,296
22,647
23,562

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.77%
0.57%
0.67%
Free Cash Flow
103.23%
220.55%
13.82%
Net Income, GAAP
-0.69%
3%
4.08%
Sales/Revenue/Turnover
0.17%
2.51%
2.7%
Total Cash Common Dividend
0.51%
3.46%
6.34%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
54,669
53,823
55,342
64,741
228,575
2025
55,429
56,396
57,602
65,324
234,751
2026
59,670
60,992
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.21
1.27
1.16
- -
4.79
2025
1.26
1.31
1.22
- -
4.99
2026
1.3
1.37
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.7
2025
- -
- -
- -
- -
5
2026
- -
- -
- -
- -
- -
Similar Companies
Helios Towers plc (HTWSF)
Welldone Company (6170.TWO)
Infrastrutture Wireless Italiane S.p.A. (IFSUF)
Cablevisión Holding S.A. (CVH.BA)
O2 Secure Wireless, Inc. (OTOW)
Homestead Gold and Silver Ltd (SNLM)
Business
Chunghwa Telecom Co., Ltd. Chunghwa Telecom Co., Ltd. operates as Taiwan's largest integrated telecommunications service provider, offering fixed-line communications including local and domestic long-distance telephone services and interconnection with other operators; mobile communications encompassing 4G LTE and 5G NR networks with voice, data plans, mobile internet and value-added services such as mobile payments and cloud gaming; broadband access and internet services via HiNet featuring high-speed fiber optic, IPTV through MOD and bundled packages; international fixed communications including long-distance telephone, data services and roaming; and enterprise ICT solutions leveraging big data, cybersecurity, cloud computing, network data centers, Internet of Things (IoT) platforms and artificial intelligence (AI) applications. The company also distributes mobile handsets, data cards and computing equipment; provides system integration, real estate development, property management and insurance agency services; and engages in semiconductor testing components, printed circuit boards and automatic license plate recognition products through subsidiaries such as Senao International Co., Ltd., Chunghwa System Integration Co., Ltd., CHIEF Telecom Inc. and international units including Chunghwa Telecom Global, Inc., Chunghwa Telecom Vietnam Co., Ltd. and Chunghwa Telecom (Thailand) Co., Ltd. Founded in 1996 and headquartered in Taipei City, Taiwan, Chunghwa Telecom primarily serves residential, enterprise, government and international customers across Taiwan with expanding global partnerships. Recent developments include a multi-year extension of its supplier agreement with Nokia Corporation to modernize 5G networks in central and southern Taiwan using AirScale portfolio equipment such as Massive MIMO Habrok radios, baseband and remote radio heads for enhanced performance, capacity and energy efficiency toward 5G-Advanced; acquisitions of mobile broadband service equipment from Nokia for NT$2.969 billion and from Ericsson Taiwan Ltd. to bolster infrastructure; a new collaboration with NTT and Accton/Edgecore on distributed data centers featuring cross-Japan-Taiwan learning models showcased at NTT R&D Forum 2025; and entry into the Bridge Alliance API Exchange for global connectivity expansion.