Chunghwa Telecom Co. Ltd.


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Mar 20, 2018
Prev close: 109.5
Mar 20, 2018
Market cap:
Market cap(USD):
Shares: 7,757.44M

Currency in TWD

Company profile

Market(Ticker): TAI(2412)
Major Telecommunications
Full time employees: --

Business summary

Chunghwa Telecom Co., Ltd. engages in the provision of telecommunication and information related services. It operates through the following business segments: Domestic Fixed Communications, Mobile Communications, Internet, International Fixed Communications, and Others. The company was founded on June 15, 1996 and is headquartered in Taipei, Taiwan.

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.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 227,514.18M
Gross profit 78,642.98M
Operating income 46,828.18M
Income before tax 47,589.81M
Net income 38,873.90M
EBITDA 78,736.96M
Diluted EPS 5
Dividends per share 4.79
Total assets 451,123.12M
Total liabilities 77,543.54M
Total equity 364,881.98M
Operating cash flow 71,840.40M

Currency in TWD

Revenue 7,478.43M
Gross profit 2,585.00M
Operating income 1,539.25M
Income before tax 1,564.28M
Net income 1,277.79M
EBITDA 2,588.09M
Diluted EPS 0.16
Dividends per share 0.15
Total assets 15,159.47M
Total liabilities 2,605.76M
Total equity 12,261.43M
Operating cash flow 2,361.40M

Currency in USD

Valuation measures

Dec 2017

PER 21.15
ROA 8.65%
ROE 10.65%
Operating margin 20.58%
Profit margin 17.08%

Key executive

  • Chairman & Chief Executive Officer: Yu Cheng
  • General Manager & Director: Chi Mao Hsieh
  • General Manager-Operations Department: Yao Ching Tsai
  • Chief Financial Officer: Shui-Yi Kuo
  • EVP & Manager-Northern Taiwan Business Group: Yuan Kuang Tu

Share holders

  • Government of Taiwan(39.7%)
  • Fubon Life Insurance Co., Ltd.(5.0%)
  • BlackRock Fund Advisors(1.5%)
  • The Vanguard Group, Inc.(1.0%)
  • BlackRock Advisors (UK) Ltd.(0.3%)
  • BlackRock Investment Management LLC(0.3%)
  • Norges Bank Investment Management(0.2%)
  • Robeco Institutional Asset Management BV(0.2%)
  • Grantham, Mayo, Van Otterloo & Co. LLC(0.2%)
  • Schroder Investment Management Ltd.(0.2%)


  • Website:
  • Address: Section 1, No. 21-3 Xinyi Road, Taipei, 100, Taiwan
  • Phone: +886.2.2394.1845

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