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Chunghwa Telecom Co
(NYSE:CHT)
Chunghwa Telecom Co (CHT) vs. SPDR S&P 500 ETF (SPY)
Chunghwa Telecom Co Business Overview & Revenue Model
Chunghwa Telecom Co Earnings Call Summary
Chunghwa Telecom Co Financial Statement Overview
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 236.11B | 228.57B | 221.50B | 215.71B | 209.44B |
| Gross Profit | 48.66B | 81.99B | 79.73B | 78.99B | 74.33B |
| EBITDA | 84.05B | 87.80B | 86.98B | 86.90B | 84.69B |
| Net Income | 38.70B | 37.19B | 36.96B | 36.36B | 35.62B |
Balance Sheet | |||||
| Total Assets | 536.35B | 534.30B | 523.74B | 523.00B | 512.88B |
| Cash, Cash Equivalents and Short-Term Investments | 37.09B | 57.94B | 52.40B | 53.00B | 43.28B |
| Total Debt | 27.13B | 43.23B | 43.64B | 43.47B | 38.91B |
| Total Liabilities | 135.42B | 138.49B | 131.02B | 131.47B | 123.75B |
| Stockholders Equity | 386.39B | 382.83B | 380.29B | 379.12B | 377.38B |
Cash Flow | |||||
| Free Cash Flow | 77.50B | 50.25B | 43.58B | 42.52B | 39.27B |
| Operating Cash Flow | 77.50B | 79.24B | 74.56B | 75.95B | 74.86B |
| Investing Cash Flow | -28.20B | -35.33B | -50.17B | -30.79B | -31.17B |
| Financing Cash Flow | -48.46B | -41.52B | -40.73B | -34.80B | -34.31B |
Chunghwa Telecom Co Technical Analysis
Chunghwa Telecom Co Risk Analysis
Chunghwa Telecom Co Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
77 Outperform | $32.62B | 26.75 | 10.10% | 3.15% | 5.74% | 7.12% | |
77 Outperform | $25.04B | 23.49 | 8.36% | 5.03% | -3.16% | 4.70% | |
75 Outperform | $20.46B | 15.47 | 15.54% | 6.14% | -5.21% | -7.45% | |
68 Neutral | $73.01B | 16.81 | 22.81% | 2.69% | 1.14% | 83.48% | |
60 Neutral | $48.67B | 4.58 | -11.27% | 4.14% | 2.83% | -41.78% | |
58 Neutral | $36.24B | -8.48 | -7.08% | 3.77% | 19.67% | -278.51% |
Chunghwa Telecom Co Corporate Events
On February 10, 2026, Chunghwa Telecom reported unaudited consolidated operating results for January 2026, posting revenue of about NT$20.41 billion, operating income of roughly NT$4.41 billion, net income attributable to shareholders of NT$3.37 billion, EBITDA of around NT$7.80 billion, and earnings per share of NT$0.43. Net sales for January 2026 rose 12.21% year-on-year to NT$20.41 billion, with no funds lent to other parties, no new parent-company guarantees, limited subsidiary guarantees, and modest non-trading derivative positions, signaling solid top-line growth and a conservative financial risk profile for shareholders.
The company also disclosed that subsidiary endorsements and guarantees totaled NT$500 million against a higher limit, while derivative contracts used for both hedging and non-hedging purposes generated small realized gains and some unrealized losses. These disclosures, covering activity through January 2026, indicate Chunghwa Telecom’s continued emphasis on balance sheet discipline and controlled use of financial instruments, supporting its positioning as a stable incumbent in Taiwan’s telecom sector.
The most recent analyst rating on (CHT) stock is a Hold with a $45.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On February 5, 2026, AT&T closed a multi-tranche debt offering totaling $6.5 billion in registered global notes, with maturities ranging from 2031 to 2056 and coupon rates between 4.400% and 6.000%, issued under its existing 2013 indenture. The transaction, underwritten by a syndicate of major investment banks and registered with the Securities and Exchange Commission via an existing shelf registration, strengthens AT&T’s access to long-term capital markets and provides additional financial flexibility to support its ongoing corporate and financing needs.
The most recent analyst rating on (T) stock is a Hold with a $26.00 price target. To see the full list of analyst forecasts on AT&T stock, see the T Stock Forecast page.
On February 3, 2026, Chunghwa Telecom reported its unaudited consolidated results for the fourth quarter and full year 2025, highlighting record full‑year revenue of NT$236.11 billion, up 2.7% year on year, and net income attributable to shareholders of NT$38.69 billion, up 4.0%, with EPS of NT$4.99 reaching an eight‑year high. Fourth-quarter 2025 revenue edged up 0.5% to NT$65.65 billion, the highest fourth-quarter level in nearly a decade, driven by a 5.9% rise in Consumer Business Group revenue on strong mobile, 5G and broadband demand, as well as modest growth in the International Business Group, although Enterprise Business Group revenue declined 7.9% after major ICT projects had been recognized earlier in the year. Despite slightly softer operating income in the quarter and modest pressure on margins from higher manpower costs and a one‑time 3G asset impairment, the company’s full‑year revenue, operating income, net income and EPS all surpassed the upper end of its guidance, underscoring resilient core operations and disciplined execution of its digital‑innovation strategy. Management also underscored the strategic importance of its growing ICT, satellite and international connectivity businesses—supported by completed SJC2 and Apricot submarine cables and ongoing Southeast Asia expansion—and pointed to strengthened satellite capabilities and pre‑6G initiatives as key drivers of future growth, alongside a sizeable long‑term green power purchase commitment to advance its 2045 net‑zero roadmap.
The most recent analyst rating on (CHT) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
AT&T reported on January 28, 2026, that its fourth-quarter 2025 net income attributable to common stock fell to $3.8 billion, or $0.53 per diluted share, from $4.0 billion, or $0.56, a year earlier, even as quarterly operating revenues rose 3.6% to $33.5 billion on growth in Mobility, Consumer Wireline and Mexico, partially offset by ongoing weakness in Business Wireline. For full-year 2025, net income attributable to common stock more than doubled to $21.9 billion from $10.7 billion in 2024, with earnings per diluted share rising to $3.04, driven largely by a $5.6 billion gain and related items from the sale of its remaining stake in DIRECTV and lower impairment charges versus 2024, while operating revenues increased 2.7% to $125.6 billion and operating income margin improved to 19.2% from 15.6%. Segment results underscored strategic shifts: Mobility posted 5.3% revenue growth and added 1.2 million wireless subscribers in the quarter despite slightly lower margins and higher churn; Consumer Wireline expanded revenues and sharply improved margins on fiber and AT&T Internet Air growth and lower depreciation on fully depreciated legacy assets; Business Wireline revenues declined 7.5% amid reduced demand for legacy and VPN services but saw modest margin improvement; and Mexico revenue surged 20.6% on subscriber growth and favorable foreign exchange. Cash from operations rose to $40.3 billion in 2025, capital investment stayed roughly flat at about $22 billion, and AT&T continued to use excess cash for shareholder returns, repurchasing $4.3 billion of stock under a 2024 buyback authorization and securing a new $10 billion repurchase approval on January 27, 2026, moves that signal management’s confidence but also heighten the importance of sustaining growth in core connectivity businesses while managing restructuring, legal costs and pension-related volatility.
The most recent analyst rating on (T) stock is a Buy with a $27.00 price target. To see the full list of analyst forecasts on AT&T stock, see the T Stock Forecast page.
On January 23, 2026, Chunghwa Telecom issued its 2026 financial and strategic guidance, framing a new corporate vision of “Igniting the Future with AI” and organizing its strategy around digital resilience, smart empowerment, and sustainability. Under the “AI Everywhere” principle, the company plans major investments in AI platforms, distributed AIDC infrastructure, Pre‑6G and edge AI, cybersecurity, and multi-orbit satellite and submarine cable networks, while pushing growth in IDC and cloud, sovereign AI, hybrid cloud, edge AI, PQC and digital signatures, big data, and satellite services, as well as its MOD and Hami Video content platforms and strategic AI-related and sustainability-linked investments and spin-offs. For 2026, Chunghwa Telecom forecasts consolidated revenue of NT$241.99–243.68 billion, a 2.5–3.2% rise from 2025, driven mainly by mobile, broadband, data communications and emerging AI- and sustainability-related businesses, alongside a 3.5–3.7% increase in operating costs and expenses tied to infrastructure build-out, enhanced employee benefits, and network and security upgrades; operating income is projected to be broadly flat at NT$48.14–49.66 billion, with income before tax and EPS expected to be roughly stable year-on-year. Capital expenditure is slated to rise by NT$4.07 billion to NT$31.91 billion to fund new submarine cables, satellite networks, cloud AI data centers, and resilience upgrades, while the company simultaneously advances a comprehensive ESG agenda, including decarbonization, renewable energy procurement, carbon offset projects, digital inclusion, and strong governance aligned with international sustainability and anti-bribery standards, reinforcing its positioning as a trusted, sustainability-focused telecom and digital infrastructure leader.
The most recent analyst rating on (CHT) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On January 5, 2026, the Taiwan Yilan District Prosecutors Office, working through the Yilan Investigation Branch of the Investigation Bureau under the Ministry of Justice, raided the staff offices of Chunghwa Telecom’s local business operation centers, with the company stating it fully cooperated with the investigation and that the probe had no impact on its finances or business at the time. On January 12, 2026, Chunghwa Telecom reported unaudited consolidated operating results for December 2025, posting monthly revenue of about NT$23.26 billion and net income attributable to shareholders of NT$2.68 billion, and for the full year 2025 revenue of approximately NT$236.11 billion, net income of NT$38.69 billion and earnings per share of NT$4.99, reflecting a 2.67% year-on-year rise in annual net sales despite a 6.76% drop in December sales; the company also disclosed conservative financial positions with no intercompany lending, limited guarantees, and modest derivative exposures, underscoring stable operations despite the recent legal scrutiny.
The most recent analyst rating on (CHT) stock is a Hold with a $46.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On December 24, 2025, Chunghwa Telecom’s subsidiary CHT InventAI Co., Ltd. approved and executed a related-party lease with its parent company for several office premises in Taipei City, Taoyuan City, and Hsinchu County, covering 355.51–368.51 square meters over a two-year term from February 1, 2026 to January 31, 2028. The transaction, valued at a total of NT$2.076 million with a recognized right-of-use asset of NT$1.933 million, was negotiated based on market conditions and authorized by CHT InventAI’s board and supervisors to support the subsidiary’s office requirements as part of the group’s broader business planning. In a separate move, Chunghwa Telecom scheduled an institutional investor teleconference for February 3, 2026, to discuss its fourth-quarter 2025 financial results, signaling continued engagement with capital markets and providing investors with updated visibility on the company’s operational and financial performance.
The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
Chunghwa Telecom Co., Ltd. reported a senior management change following the December 18, 2025 retirement of Administration Senior Executive Vice President Wei-Kuo Hong, who also concurrently served as President of the Telecommunication Training Institute. The company stated that there is currently no direct successor named for the role of Administration Senior Executive Vice President, while the vacancy of President of the Telecommunication Training Institute will be filled on a concurrent basis by Tian-Tsair Su, President of Telecommunication Laboratories, effective December 31, 2025, a move that consolidates leadership over its training and research arms and may help maintain continuity in internal talent development and technical capabilities.
The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On December 11, 2025, Honghwa International Corporation, a subsidiary of Chunghwa Telecom Co., announced the acquisition of a right-of-use asset from its parent company. This transaction involved 290 leased stores, with a total transaction amount of NT$108,394,068. The decision to acquire from a related party was based on cost and business requirements, with the board of directors approving the transaction on the same date. This strategic move is expected to enhance Chunghwa Telecom’s service channels, potentially strengthening its market position.
The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On December 10, 2025, Chunghwa Telecom announced its unaudited operating results for November 2025, reporting a revenue of approximately NT$21.45 billion and a net income of NT$3.46 billion. The company’s earnings per share for November were NT$0.44, with an EBITDA of NT$7.18 billion. For the eleven months ending November 30, 2025, Chunghwa Telecom’s revenue reached NT$212.85 billion, marking a 3.82% increase compared to the same period in 2024. These results underscore the company’s stable financial performance and its strong position in the telecommunications market.
The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On December 3, 2025, Chunghwa Telecom’s local business operation centers were raided by the Taiwan Taoyuan District Prosecutors Office as part of an investigation, with the company fully cooperating and reporting no financial or business impact. Additionally, on December 5, 2025, Chunghwa Telecom announced a significant step towards sustainability by purchasing renewable energy from GREENET CO., LTD., aiming to reduce carbon emissions by 50% and achieve 100% renewable energy usage in data centers by 2030, with further goals set for 2040 and 2045.
The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On November 27, 2025, Chunghwa Telecom participated in an investor conference hosted by IBF Securities, showcasing its strategic initiatives and financial outlook. Additionally, on November 28, 2025, the company announced a significant purchase of mobile broadband service equipment from Ericsson Taiwan Ltd., valued at NT$1.196 billion. This acquisition is expected to enhance Chunghwa Telecom’s infrastructure capabilities, potentially strengthening its market position in the telecommunications industry.
The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.
On November 18, 2025, Chunghwa Telecom’s subsidiary, Honghwa International Corporation, announced the acquisition of right-of-use assets from its parent company, Chunghwa Telecom, for office premises in Taichung City and Taipei City. Additionally, Chunghwa Telecom announced the purchase of mobile broadband service equipment from Ericsson Taiwan Ltd., indicating a strategic move to enhance its telecommunications infrastructure and service offerings.
The most recent analyst rating on (CHT) stock is a Buy with a $48.00 price target. To see the full list of analyst forecasts on Chunghwa Telecom Co stock, see the CHT Stock Forecast page.