Asia300

Chunghwa Telecom Co. Ltd.

Taiwan

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 18, 2017
Prev close: 102.5
Aug 18, 2017
Market cap:
Market cap(USD):
795,138.18M
26,211.89M
Shares: 7,757.44M

Currency in TWD

Company profile

Market(Ticker): TAI(2412)
Sector:
Industry:
Communications
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 2016

  • Local currency
  • US Dollar
Revenue 229,991.42M
Gross profit 80,229.72M
Operating income 48,621.04M
Income before tax 48,899.88M
Net income 40,067.01M
EBITDA 81,086.89M
Diluted EPS 5.16
Dividends per share 4.94
Total assets 447,132.50M
Total liabilities 75,932.83M
Total equity 364,703.74M
Operating cash flow 66,215.07M

Currency in TWD

Revenue 7,131.33M
Gross profit 2,487.68M
Operating income 1,507.59M
Income before tax 1,516.23M
Net income 1,242.35M
EBITDA 2,514.25M
Diluted EPS 0.16
Dividends per share 0.15
Total assets 13,873.60M
Total liabilities 2,356.04M
Total equity 11,316.01M
Operating cash flow 2,053.12M

Currency in USD

Valuation measures

Dec 2016

PER 19.67
ROA 8.90%
ROE 10.92%
Operating margin 21.14%
Profit margin 17.42%

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(1.3%)
  • The Vanguard Group, Inc.(1.0%)
  • BlackRock Advisors (UK) Ltd.(0.3%)
  • Norges Bank Investment Management(0.2%)
  • Schroder Investment Management Ltd.(0.2%)
  • Robeco Institutional Asset Management BV(0.2%)
  • Pictet Asset Management SA(0.1%)
  • The Caisse de depot et placement du Quebec(0.1%)

Address

  • Website: http://www.cht.com.tw
  • Address: Section 1, No. 21-3 Xinyi Road, Taipei, 100, Taiwan
  • Phone: +886.2.2394.1845

Copyright © 2017 FactSet Research Systems Inc. All rights reserved.