Chunghwa Telecom Co., Ltd.
In the news
- Taiwan's Chunghwa Telecom banks on AI and Southeast Asia Feb 26, 2018
- Foxconn unit setting up cloud service with help from Nvidia Dec 26, 2017
- Company in focus: Singtel stakes its future on going way beyond telecommunications Nov 16, 2017
- Singtel faces challenges in its shift to digital strategy Nov 10, 2017
- Fox aims to succeed in crowded Asian streaming market Sep 20, 2017 See more articles on Chunghwa Telecom Co., Ltd.
Company Background
Chunghwa Telecom is Taiwan's largest telecommunications company, with total assets of more than $14 billion. It operates not only fixed-line and mobile service businesses but also media and IT solutions services. The number of telecom subscribers exceeded 22.4 million as of September 2015. The company employs over 23,000 people.
Chunghwa has been expanding its fourth-generationhigh-speed mobile broadband service to enhance profitability. In 2014, it became Taiwan's first telecom provider to launch 4G services. It continues to invest in 4G infrastructure. To diversify its revenue sources, the company is promoting music, video and other forms of entertainment to its subscribers. Chunghwa is also strengthening its information technology and cloud businesses in the hopes of pulling in corporate clients.
Chunghwa is around 40% owned by Taiwan's government. Tsai Lih-shyng became chairman and CEO in 2014. Before joining the company, he had worked at Taiwan Semiconductor Mfg. Co., or TSMC, the world's largest chip foundry. Tsai served as CEO of two wholly owned TSMC subsidiaries -- TSMC Solar and TSMC Solid State Lighting.
Business Summary
Financial Highlights
| Dec 2019 | TWD | USD |
| Revenue | 207,520.06M | 6,713.09M |
| Gross Profit | 69,371.48M | 2,244.10M |
| Operating income | 40,773.15M | 1,318.97M |
| Income before tax | 41,287.65M | 1,335.62M |
| Net income | 32,788.54M | 1,060.68M |
| EBITDA | 77,122.24M | 2,494.83M |
| Diluted EPS | 4.22 | 0.13 |
| Dividends Per Share | 4.22 | 0.13 |
| Total Assets | 477,458.23M | 15,927.48M |
| Total liabilities | 91,064.47M | 3,037.81M |
| Total equity | 376,110.24M | 12,546.62M |
| Operating cash flow | 73,285.20M | 2,370.71M |
| Currency in TWD | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 231,795.10M | 229,991.42M | 227,514.18M | 215,483.15M | 207,520.06M |
| Gross Profit | 81,273.51M | 80,229.72M | 78,642.98M | 74,208.94M | 69,371.48M |
| Operating income | 50,484.80M | 48,621.04M | 46,828.18M | 43,533.20M | 40,773.15M |
| Income before tax | 51,060.22M | 48,899.88M | 47,589.81M | 44,477.10M | 41,287.65M |
| Net income | 42,805.72M | 40,067.01M | 38,873.90M | 35,501.62M | 32,788.54M |
| EBITDA | 83,914.53M | 81,086.89M | 78,736.96M | 77,343.08M | 77,122.24M |
| Diluted EPS | 5.50 | 5.16 | 5 | 4.57 | 4.22 |
| Dividends Per Share | 5.48 | 4.94 | 4.79 | 4.47 | 4.22 |
| Total Assets | 453,021.09M | 447,132.50M | 451,123.12M | 467,268.70M | 477,458.23M |
| Total liabilities | 79,012.08M | 75,932.83M | 77,543.54M | 80,696.38M | 91,064.47M |
| Total equity | 368,739.92M | 364,703.74M | 364,881.98M | 376,562.37M | 376,110.24M |
| Operating cash flow | 77,567.41M | 66,215.07M | 71,840.40M | 67,089.47M | 73,285.20M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 7,299.69M | 7,131.33M | 7,478.43M | 7,145.97M | 6,713.09M |
| Gross Profit | 2,559.46M | 2,487.68M | 2,585.00M | 2,460.96M | 2,244.10M |
| Operating income | 1,589.86M | 1,507.59M | 1,539.25M | 1,443.67M | 1,318.97M |
| Income before tax | 1,607.98M | 1,516.23M | 1,564.28M | 1,474.97M | 1,335.62M |
| Net income | 1,348.03M | 1,242.35M | 1,277.79M | 1,177.32M | 1,060.68M |
| EBITDA | 2,642.63M | 2,514.25M | 2,588.09M | 2,564.89M | 2,494.83M |
| Diluted EPS | 0.17 | 0.16 | 0.16 | 0.15 | 0.13 |
| Dividends Per Share | 0.17 | 0.15 | 0.15 | 0.14 | 0.13 |
| Total Assets | 13,791.85M | 13,873.60M | 15,159.47M | 15,202.15M | 15,927.48M |
| Total liabilities | 2,405.45M | 2,356.04M | 2,605.76M | 2,625.38M | 3,037.81M |
| Total equity | 11,225.98M | 11,316.01M | 12,261.43M | 12,251.11M | 12,546.62M |
| Operating cash flow | 2,442.75M | 2,053.12M | 2,361.40M | 2,224.86M | 2,370.71M |
Valuation Measures
| Dec 2019 | |
| PER | 26.02 |
| ROA | 6.94% |
| ROE | 8.71% |
| Operating margin | 19.64% |
| Profit margin | 15.80% |
Key executives
- President & General Manager: Shui-Yi Kuo
- Chief Financial Officer & Senior Executive VP: Yu Shen Chen
- General Manager-Branch Office: Yuan Kuang Tu
- General Manager-Branch Office: Ming Shih Chen
- Head-Accounting & Deputy General Manager: Shu Ling Chen
Shareholders
- Shin Kong Life Insurance Co., Ltd. (7.4%)
- BlackRock Fund Advisors (1.3%)
- The Vanguard Group, Inc. (1.1%)
- Fubon Life Insurance Co., Ltd. (1.1%)
- Norges Bank Investment Management (0.8%)
- BlackRock Advisors (UK) Ltd. (0.3%)
- Yuanta Securities Investment Trust Co., Ltd. (0.2%)
- Robeco Institutional Asset Management BV (0.2%)
- Geode Capital Management LLC (0.1%)
- The Caisse de depot et placement du Quebec (0.1%)
Contact Details
- Website:http://www.cht.com.tw
- Address: No. 21-3 Xinyi Road, Section 1, Taipei, 100 48, Taiwan
- Phone: +886.2.23941845
Related Companies
- Senao International HK Ltd.
- Chunghwa Telecom Co. Ltd. Depository Account
- Chunghwa Telecom Telecommunication Laboratories
- Chunghwa System Integration Co., Ltd.
- Chunghwa Sochamp Technology, Inc.
- Chunghwa Telecom Vietnam Co. Ltd.
- InfoExplorer Co., Ltd.
- Chunghwa Telecom Singapore Pte Ltd.
- Light-Era Development Co., Ltd.
- Chunghwa Investment Co., Ltd.
- Chief Telecom, Inc.
Competitors
- Taiwan Mobile Co., Ltd.
- Far Eastone Telecommunications Co., Ltd.
- Asia Pacific Telecom Co., Ltd.
- PCCW Limited
- Taiwan Optical Platform Co Ltd
- Telstra Corporation Limited
- Tatung Co.
- Acer Incorporated
- Advantech Co., Ltd.
- Amazon.com, Inc.
- Hewlett Packard Enterprise Co.
- Hwacom Systems Inc
- International Business Machines Corporation
- LINE Corp.
- MiTAC Holdings Corp.
- NEC Corp.
- Stark Technology, Inc.
- Syscom Computer Engineering Co., Ltd.
- Systex Corp.
- Tencent Holdings Ltd.
- Far Eastern New Century Corporation
- Fortune Information System Corp.
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Last Updated on 4 Dec, 2020
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