Chunghwa Telecom Co., Ltd. income statement CHT

Annual Quarterly

In fiscal 2024, which ended Dec 31, 2024, Chunghwa Telecom Co., Ltd. reported revenue of $7.0 billion, down 3.8% from the year before. Net income was $1.2 billion, a profit margin of 16.7%. Operating income came to $1.4 billion, an operating margin of 20.4%. Diluted earnings per share were $0.15. Across the 8 fiscal years shown, revenue shrank from $7.7 billion in fiscal 2017 to $7.0 billion in fiscal 2024, about 1.3% a year.

USD in millions, except per-share amounts and margins. The percent under a figure is the change from the year before.

FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
FY 2022
Dec 31, 2022
FY 2021
Dec 31, 2021
FY 2020
Dec 31, 2020
FY 2019
Dec 31, 2019
FY 2018
Dec 31, 2018
FY 2017
Dec 31, 2017
Revenue
7,013
-3.8%
7,289
+3.3%
7,053
-7.1%
7,588
+2.6%
7,393
+6.6%
6,938
-1.4%
7,040
-8.3%
7,676
Cost of revenue
4,470
-3.5%
4,630
+4.1%
4,449
-8.7%
4,871
-0.2%
4,880
+7.4%
4,545
-0.3%
4,559
-8.0%
4,954
Gross profit
2,543
-4.4%
2,659
+2.1%
2,604
-4.2%
2,717
+8.1%
2,513
+5.0%
2,393
-3.5%
2,481
-8.9%
2,722
Research and development
127
+0.0%
127
+3.3%
123
-7.5%
133
-2.9%
137
+3.8%
132
+8.2%
122
-6.9%
131
Selling, general and administrative
219
-1.4%
222
+3.7%
214
+12.0%
191
+7.3%
178
+11.9%
159
+6.0%
150
-3.8%
156
Operating income
1,429
-5.6%
1,514
-0.7%
1,524
-5.9%
1,620
+7.4%
1,508
+11.0%
1,359
-4.7%
1,426
-9.5%
1,576
Interest income
24
+20.0%
20
+150.0%
8
+166.7%
3
-25.0%
4
-50.0%
8
+14.3%
7
+0.0%
7
Equity in earnings of affiliates
5
-37.5%
8
-42.9%
14
-6.7%
15
+66.7%
9
-40.0%
15
-11.8%
17
+21.4%
14
Pretax income
1,459
-5.0%
1,535
-0.1%
1,536
-7.5%
1,661
+8.9%
1,525
+8.9%
1,400
-4.8%
1,470
-9.3%
1,620
Income tax
285
-2.4%
292
-3.9%
304
-6.5%
325
+12.5%
289
+8.6%
266
+26.7%
210
-20.8%
265
Net income
1,174
-5.6%
1,243
+0.9%
1,232
-7.8%
1,336
+8.1%
1,236
+9.0%
1,134
-10.0%
1,260
-7.0%
1,355
Basic EPS
0.15
-6.3%
0.16
+6.7%
0.15
-11.8%
0.17
+13.3%
0.15
+7.1%
0.14
-12.5%
0.16
-5.9%
0.17
Diluted EPS
0.15
-6.3%
0.16
+6.7%
0.15
-11.8%
0.17
+13.3%
0.15
+7.1%
0.14
-12.5%
0.16
-5.9%
0.17
Weighted average shares, basic
7,757
+0.0%
7,757
+0.0%
7,757
+0.0%
7,757
+0.0%
7,757
+0.0%
7,757
+0.0%
7,757
+0.0%
7,757
Weighted average shares, diluted
7,775
+0.1%
7,765
+0.0%
7,765
+0.0%
7,765
+0.0%
7,765
+0.0%
7,765
-0.0%
7,766
-0.0%
7,768
Other measures
Interest coverage
142.90x
151.40x
169.33x
202.50x
215.43x
453.00x
1,426.00x
1,576.00x
Margins
Gross margin
36.26%
36.48%
36.92%
35.81%
33.99%
34.49%
35.24%
35.46%
Operating margin
20.38%
20.77%
21.61%
21.35%
20.40%
19.59%
20.26%
20.53%
Pretax margin
20.80%
21.06%
21.78%
21.89%
20.63%
20.18%
20.88%
21.10%
Profit margin
16.74%
17.05%
17.47%
17.61%
16.72%
16.34%
17.90%
17.65%
Effective tax rate
19.53%
19.02%
19.79%
19.57%
18.95%
19.00%
14.29%
16.36%
How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except per-share amounts and margins. Weighted average shares are in millions. Interest expense and finance costs are positive costs. A negative amount on a gain (loss) or income (expense) line is a loss or an expense. EBITDA is operating income plus depreciation and amortization. Interest coverage is operating income divided by interest expense. More on our methodology.

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Company profile

Industry
Radiotelephone Communications (SIC 4812)
Listed as
CHT (NYSE)
Headquarters
Taipei Taiwan
SEC filer status
Large accelerated filer
SEC CIK
1132924

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.