Chunghwa Telecom（2412）株式概要中華電信股份有限公司（Chunghwa Telecom Co, Ltd.）は、その子会社とともに、台湾内外で総合電気通信サービス・プロバイダーとして事業を展開している。 詳細2412 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長1/6過去の実績3/6財務の健全性5/6配当金4/6報酬当社が推定した公正価値より20.5%で取引されている 収益は年間3.09%増加すると予測されています 過去5年間の収益は年間2%増加しました。 リスク分析3.8%の配当は利益で十分にカバーされていない すべてのリスクチェックを見る2412 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Analyst Price TargetsAN3.4% overvaluedAnalystConsensusTarget•1y agoICT Infrastructure Investments Will Forge A Connected Future1101Top Analyst NarrativesChunghwa TelecomANAnalystConsensusTargetBased on Analyst Price TargetsICT Infrastructure Investments Will Forge A Connected FutureKey Takeaways Expansion in ICT, cloud, and 5G private networks drives high-margin growth and diversifies revenue streams through digital transformation and enterprise solutions. Strategic investments in infrastructure, cybersecurity, and bundled services strengthen customer loyalty, improve margins, and support long-term growth and returns.View narrativeNT$132.5FV3.4% 割高 内在価値ディスカウント1.75%Revenue growth p.a.Set Fair ValueView11users have viewed this narrative0users have liked this narrative0users have commented on this narrative1users have followed this narrativeabout 1 year ago author updated this narrativeView all narrativesChunghwa Telecom Co., Ltd. 競合他社Taiwan MobileSymbol: TWSE:3045Market cap: NT$339.4bFar EasTone TelecommunicationsSymbol: TWSE:4904Market cap: NT$344.5bWelldoneSymbol: TPEX:6170Market cap: NT$4.9bFullerton TechnologySymbol: TWSE:6136Market cap: NT$3.0b価格と性能株価の高値、安値、推移の概要Chunghwa Telecom過去の株価現在の株価NT$137.0052週高値NT$144.0052週安値NT$128.00ベータ0.111ヶ月の変化0.37%3ヶ月変化n/a1年変化3.01%3年間の変化7.87%5年間の変化21.24%IPOからの変化12.43%最新ニュースBuy Or Sell Opportunity • May 18Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to NT$137. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.3% in 2 years. Earnings are forecast to grow by 6.5% in the next 2 years.Reported Earnings • May 09First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: EPS: NT$1.30 (up from NT$1.26 in 1Q 2025). Revenue: NT$60.0b (up 7.5% from 1Q 2025). Net income: NT$10.1b (up 3.2% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Buy Or Sell Opportunity • Apr 13Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period.お知らせ • Apr 01Chunghwa Telecom Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2026 results at 2:30 PM, Taipei Standard Time on May 07, 2026Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.お知らせ • Mar 02Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan最新情報をもっと見るRecent updatesBuy Or Sell Opportunity • May 18Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to NT$137. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.3% in 2 years. Earnings are forecast to grow by 6.5% in the next 2 years.Reported Earnings • May 09First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: EPS: NT$1.30 (up from NT$1.26 in 1Q 2025). Revenue: NT$60.0b (up 7.5% from 1Q 2025). Net income: NT$10.1b (up 3.2% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.Buy Or Sell Opportunity • Apr 13Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period.お知らせ • Apr 01Chunghwa Telecom Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2026 results at 2:30 PM, Taipei Standard Time on May 07, 2026Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.お知らせ • Mar 02Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: no,168, min tsu rd., banciao district, new taipei city Taiwanお知らせ • Feb 27+ 1 more updateChunghwa Telecom Co., Ltd. Appoints Yuan-Kai Chen as Senior Executive Vice President, Effective February 26, 2026Chunghwa Telecom Co., Ltd. appointed Yuan-Kai Chen, Vice President of Investment Department as Senior Executive Vice President, Effective February 26, 2026.Buy Or Sell Opportunity • Feb 26Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to NT$135. The fair value is estimated to be NT$170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.Reported Earnings • Feb 04Full year 2025 earnings released: EPS: NT$4.99 (vs NT$4.80 in FY 2024)Full year 2025 results: EPS: NT$4.99 (up from NT$4.80 in FY 2024). Revenue: NT$236.1b (up 2.7% from FY 2024). Net income: NT$38.7b (up 3.9% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.お知らせ • Jan 23Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Year 2026Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the year 2026. For the year, the Company expects its total revenue to increase by TWD 5.88 to TWD 7.57 billion, or 2.5%~3.2%, to TWD 241.99 to TWD 243.68 billion as compared to the un-audited consolidated total revenue of 2025. The increase in revenue is expected to be propelled by the growth in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainability transformation opportunities, digital resilience opportunities, and digital economy opportunities empowered by AI. Income from operations is expected to range from a decrease of TWD 0.41 to an increase of TWD 1.11 billion, or -0.8%~2.3% to TWD 48.14 to TWD 49.66 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 48.71 to TWD 50.23 billion, TWD 37.39 TWD 38.94 billion and TWD 4.82 to TWD 5.02, respectively, representing a decrease of TWD 0.03 to an increase of TWD 1.55 billion, a decrease of TWD 1.30 to an increase of TWD 0.25 billion and a decrease of TWD 0.17 to an increase of TWD 0.03 respectively, year over year.お知らせ • Jan 20Chunghwa Telecom Co., Ltd. to Report Q4, 2025 Results on Feb 03, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2025 results at 3:30 PM, Taipei Standard Time on Feb 03, 2026Reported Earnings • Nov 07Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: NT$1.22 (up from NT$1.16 in 3Q 2024). Revenue: NT$57.9b (up 4.2% from 3Q 2024). Net income: NT$9.44b (up 4.8% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Oct 02Chunghwa Telecom Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$1.31 (up from NT$1.27 in 2Q 2024). Revenue: NT$56.7b (up 4.8% from 2Q 2024). Net income: NT$10.2b (up 3.5% from 2Q 2024). Profit margin: 18% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.お知らせ • Jul 09Chunghwa Telecom Co., Ltd. to Report Q2, 2025 Results on Aug 05, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2025 results at 2:30 PM, Taipei Standard Time on Aug 05, 2025Upcoming Dividend • Jun 26Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is paying out 80% of its cash flow. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).Declared Dividend • Jun 07Dividend increased to NT$5.00Dividend of NT$5.00 is 5.1% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 7.4% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.お知らせ • May 30+ 1 more updateChunghwa Telecom Co., Ltd. Announces Board AppointmentsChunghwa Telecom Co., Ltd. at its 2025 Annual General Meeting held on May 29, 2025, approved the election of Directors: Chi-Hwa Chern, Representative of MOTC; Kung-Yeun Jeng, Representative of MOTC; I-Jen Su, Representative of MOTC. Independent Directors: Ikujin Ko; Ching-Feng Hsueh; Jer-Liang Yeh.Reported Earnings • May 09First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: EPS: NT$1.26 (up from NT$1.21 in 1Q 2024). Revenue: NT$55.8b (up 1.6% from 1Q 2024). Net income: NT$9.80b (up 4.3% from 1Q 2024). Profit margin: 18% (in line with 1Q 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.お知らせ • Apr 09Chunghwa Telecom Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2025 results at 2:30 PM, Taipei Standard Time on May 08, 2025お知らせ • Mar 20Chunghwa Telecom Co., Ltd. Announces Reassignment of Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced Reassignment of Representative of Juristic Person Director. Name of the previous position holder: Shih-Hung Tseng. Resume of the previous position holder: Director, Chunghwa Telecom Co., Ltd. Name of the new position holder: Shiow-Long Horng, Resume of the new position holder: President, Chunghwa Telecom Workers' Union Effective date of the new appointment: March 11, 2025.Reported Earnings • Mar 01Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.0% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.お知らせ • Feb 19Chunghwa Telecom Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Chunghwa Telecom Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025Reported Earnings • Jan 24Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.1% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.お知らせ • Jan 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025. Location: no,168, min tsu rd., banciao district, new taipei city Taiwanお知らせ • Jan 22Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2025Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2025. For the year, the Company expects its total revenue to increase by TWD 2.71 billion ~ TWD 3.71 billion, or 1.2%~1.6%, to TWD 232.74 billion ~ TWD 233.74 billion as compared to the un-audited consolidated total revenue of 2024. Income from operations is expected to decrease by TWD 0.16 billion ~ TWD 1.58 billion, or -0.3%~3.4% to TWD 45.30 billion ~ TWD 46.72 billion as compared to the prior year. Net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 35.84 billion ~ TWD 37.39 billion and TWD 4.62 ~ TWD 4.82, respectively, representing a decrease of TWD 1.37 billion to an increase of TWD 0.18 billion and a decrease of TWD 0.18 to an increase TWD 0.02 respectively, year over year.Reported Earnings • Nov 08Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$1.16 (down from NT$1.17 in 3Q 2023). Revenue: NT$55.6b (up 3.6% from 3Q 2023). Net income: NT$9.01b (down 1.0% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.7%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.新しいナラティブ • Nov 07Unleashing Innovation And Sustainability To Propel 5G And ICT Growth Globally Expanding 5G and ICT services will drive revenue growth and enhance profitability through higher ARPU and high-margin offerings. お知らせ • Oct 17Chunghwa Telecom Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2024 results at 3:30 PM, Taipei Standard Time on Nov 06, 2024お知らせ • Oct 01+ 1 more updateChunghwa Telecom Co., Ltd. Announces President ChangesChunghwa Telecom Co., Ltd. announced the appointment of Mr. Rong-Shy Lin, Senior Official (Chief Business Officer & Senior Executive Vice President), has been appointed as the new President, succeeding Mr. Chau-Young Lin as approved by the Board of Directors in an extraordinary board meeting convened 30 September 2024. The new President, MR. Rong-Shy Lin, holds a Ph.D. in Computer Science from National Chiao Tung University. He brings a wealth of experience, having previously served as the Vice President of the Enterprise Business Group, Vice President of the Information Department of Chunghwa Telecom, Vice President and President of Telecommunication Laboratories, President of the Data Communications Business Group, as well as Chief Technology Officer, and Chief Information Security Officer of the Company.お知らせ • Sep 25+ 1 more updateChunghwa Telecom Co., Ltd. Announces Juristic Person Director ChangesChunghwa Telecom Co., Ltd. appointed Wu, Sheng Yuan, Political Deputy Minister as Representative of Juristic Person Director. Effective date of the new appointment from September 24, 2024. Based on the designation letter dated September 24, 2024, from the Ministry of Transportation and Communications, the Company's juristic person shareholder. Filling the vacancy left by Director Hu, Hsiang Ling.Reported Earnings • Aug 10Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$1.27 (down from NT$1.28 in 2Q 2023). Revenue: NT$54.1b (up 1.2% from 2Q 2023). Net income: NT$9.82b (down 1.0% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.お知らせ • Aug 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces CFO ChangesChunghwa Telecom Co., Ltd. has approved the appointment of Chief Financial Officer (CFO). The current CFO, Mr. Vincent Yu-Shen Chen, will return to National Chengchi University after his secondment period ends. Ms. Audrey Wen-Hsin Hsu from National Taiwan University will take over the position with the new appointment set to take effective on September 1, 2024. Mr. Shui-Yi Kuo, Chairman and Chief Executive Officer of Chunghwa Telecom, expresses his gratitude to Mr. Chen for his significant contributions over the past four years. Mr. Chen has overseen the Company's accounting, finance, and stakeholder communication efforts. During the organization transformation, he led the accounting team to revamp the internal control and cost/managerial accounting systems, significantly enhancing the quality of managerial decision and performance appraisal in the post-transformation period. As the head of the corporate governance team, Mr. Chen initiated the issuance of the first sustainability bond in the telecommunication industry in Taiwan, introduced responsible investment in short-term fund management, linked executive variable compensation with ESG outcomes, and implemented many sustainability initiatives. These efforts helped the Company clinched the first place in the global telecommunication industry in the 2023 Dow Jones Sustainability Index (DJSI) and significantly improved its MSCI scores and ratings. Mr. Chen's engagement with domestic and international investors was also recognized by the prestigious Asian magazine, Corporate Governance Asia, earning him the title of 2024 Asia's Best CFO. On the investment front, he served as the Chair of IPO task force for CHT Security International and International Integrated Systems Inc., respectively, facilitating the listing of these two subsidiaries in the capital market. He is also the founding Chairman of Chunghwa Digital Cultural and Creative Capital, helping the Company expand into the cultural and creative industry. As Mr. Chen will return to National Chengchi University following the completion of his secondment, Mr. Kuo hopes that Mr. Chen will continue to contribute to the country and society. The newly appointed CFO, Ms. Hsu holds a Ph.D. in Accounting and Finance from Lancaster University in the UK. She is a Certified Public Accountant in Taiwan, and has passed Level 3 of the Chartered Financial Analyst (CFA) exam in the United States. Ms. Hsu is currently a full-time professor in the Department of Accounting at National Taiwan University. She previously served as the Associate Dean of International Affairs at School of Management, the Director of the Global MBA program, and the Secretary General of Taiwan Accounting Association. During her tenure as the Director of the Global MBA program, Ms. Hsu assisted International Business Group of Chunghwa Telecom in developing global talents. She specializes in financial accounting and had served as a long-term member of the Financial Accounting Standard Board in Taiwan and is currently a member of Financial Accounting Issues Task Force. In addition to her solid academic background, Ms. Hsu also has extensive industry experience. She has served as independent director for publicly listed company in high-tech industry sector, was a board member of Global Venture Capital Corporation, and was a director at Taiwan Insurance Guarantee Fund.Upcoming Dividend • Jun 29Upcoming dividend of NT$4.76 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).Declared Dividend • Jun 11Dividend increased to NT$4.76Dividend of NT$4.76 is 1.2% higher than last year. Ex-date: 4th July 2024 Payment date: 8th August 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which should be enough to bring the dividend into a sustainable range.Reported Earnings • Apr 18Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.69 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$37.0b (up 1.7% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.お知らせ • Mar 15Chunghwa Telecom Co., Ltd. Proposes Cash DividendChunghwa Telecom Co., Ltd. at its annual general shareholders’ meeting to be held on May 31, 2024 the Board approved the proposal to distribute cash dividend of TWD 4.758 per share.Reported Earnings • Feb 27Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.お知らせ • Feb 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024. Location: Chunghwa Telecom Telecommunication Training Institute No. 168, Minzu Road, Banchiao District New Taipei City Taiwan Agenda: To consider 2023 business report; to consider 2023 audit committee's review report; to consider 2023 compensation distribution to directors and employees; to consider 2023 directors' remuneration report; to consider Ratification of 2023 business report and financial statements; to consider Ratification of 2023 earnings distribution proposal; and to consider any other matters.Reported Earnings • Jan 28Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.お知らせ • Jan 26Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2024Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2024. For 2024, the Company expects total revenue to increase by TWD 5.34 ~ TWD 6.99 billion, or 2.4% ~3.1%, to TWD 228.54 ~TWD 230.19 billion as compared to the un-audited consolidated total revenue of 2023. The increase in revenue is expected to be propelled by increases in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainable transformation and digital economy. Income from operations is expected to decrease by TWD 1.12, to an increase by TWD 0.15 billion, or -2.4%~0.3% to TWD 45.23~TWD 46.50 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 45.90 ~ TWD 47.58 billion, TWD 35.66 ~ TWD 37.20 billion and TWD 4.60 ~ TWD 4.80, respectively, representing a decrease of TWD 1.09 to an increase of TWD 0.59 billion, a decrease of TWD 1.26 to an increase of TWD 0.28 billion and a decrease of TWD 0.16 to an increase TWD 0.04 respectively, year over year.Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$1.17 (down from NT$1.21 in 3Q 2022). Revenue: NT$53.7b (flat on 3Q 2022). Net income: NT$9.09b (down 2.8% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.お知らせ • Nov 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces Change of Technology Senior Executive Vice PresidentChunghwa Telecom Co., Ltd. announced change of Technology Senior Executive Vice President. Name, title, and resume of the previous position holder: Rong-Shy Lin, Technology Senior Executive Vice President. Name, title, and resume of the new position holder: Chih-Hsiung Huang, Vice President of Telecommunication Laboratories. Reason for the change is position adjustment. Effective date is January 01, 2024.お知らせ • Aug 11Chunghwa Telecom Co., Ltd. Announces Management ChangesThe Board of Chunghwa Telecom Co., Ltd. approved the appointments of senior management. The 7th meeting of the 10th Board of Directors approved the appointment of the management as follows: Mr. Jung-Kuei Chen, president of Information Technology Group, will be discharged on August 15, 2023, and the successor will be Ms. Huei-Chi Yang, vice president of Telecommunication Laboratories.お知らせ • Aug 10Chunghwa Telecom Co., Ltd. Announces Change of Corporate Governance OfficerChunghwa Telecom Co., Ltd. appointed An-An Hsia, Senior Director of Legal Affairs Department as Corporate Governance Officer in place of Ya-Chian Shiue, Assistant Vice President of Legal Affairs Department, effective August 9, 2023.Reported Earnings • Aug 10Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.28 (up from NT$1.25 in 2Q 2022). Revenue: NT$53.5b (up 2.0% from 2Q 2022). Net income: NT$9.93b (up 2.9% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.お知らせ • Jul 12Chunghwa Telecom Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2023 results at 2:30 PM, Taipei Standard Time on Aug 08, 2023お知らせ • Jul 08Chunghwa Telecom Co., Ltd. Announces Executive ChangesChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as president. Name of the previous position holder: Shui-Yi Kuo, Chairman of Chunghwa Telecom Co., Ltd. Resume of the new position holder: President of the Company’s Information Technology Group. Effective date of the new appointment is July 7, 2023. Reason for the change: The 4th extraordinary meeting of the 10th board approved the appointment of the president.お知らせ • Jul 06Chunghwa Telecom Co., Ltd. Announces Appointment of Chau-Young Lin as Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as Representative of Juristic Person Director. Resume of the new position holder: President, Information Technology Group, Chunghwa Telecom Co., Ltd. Effective date of the new appointment is July 04, 2023.お知らせ • Jun 30Chunghwa Telecom Co., Ltd. Announces Executive ChangesThe 3rd extraordinary meeting of Chunghwa Telecom Co., Ltd. the 10th Board of Directors has approved that Ms. Hsueh-Lan Wu, president of International Business Group will be discharged on June 30, 2023 due to retirement. Mr. Chin-Chou Chen, vice president of International Business Group will be the successor to Ms. Wu as the president of International Business Group.Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be NT$150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.Upcoming Dividend • Jun 22Upcoming dividend of NT$4.70 per share at 3.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 August 2023. Payout ratio and cash payout ratio are on the higher end at 98% and 86% respectively. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.7%).お知らせ • May 27Chunghwa Telecom Co., Ltd. Approves Dividend for the Year 2022Chunghwa Telecom Co., Ltd. announced at the share holders meeting held on May 26, 2022, the shareholders ratified 2022 earnings distribution proposal with cash dividend TWD 4.702 per share. Authorized the Chairman to set a record date of ex-cash dividend for distribution.Buying Opportunity • May 22Now 21% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be NT$159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.お知らせ • May 06+ 1 more updateChunghwa Telecom Co., Ltd. Announces CEO ChangesChunghwa Telecom Co., Ltd. announced at second extraordinary meeting of the 10th board approved that the chairman serves as the CEO of the company concurrently. Shui-Yi Kuo appointed as CEO of the company in place of Chi-Mau Sheih. Effective date is May 5, 2023.Reported Earnings • Feb 02Full year 2022 earnings released: EPS: NT$4.71 (vs NT$4.61 in FY 2021)Full year 2022 results: EPS: NT$4.71 (up from NT$4.61 in FY 2021). Revenue: NT$216.7b (up 3.0% from FY 2021). Net income: NT$36.5b (up 2.1% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.お知らせ • Feb 01Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year 2023Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the fiscal year 2023. for the year, the company expects revenue in the range of TWD 221.27 billion to TWD 222.79 billion, Income from Operations in the range of TWD 44.67 billion to TWD 45.99 billion, Net Income Attributable to Stockholders of The Parent in the range of TWD 34.55 billion to TWD 36.10 billion and EPS in the range of TWD 4.45 to TWD 4.65.お知らせ • Dec 30Chunghwa Telecom Co., Ltd. to Report Q4, 2022 Results on Feb 02, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2022 results at 2:30 PM, Taipei Standard Time on Feb 02, 2023Reported Earnings • Nov 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: NT$1.21. Revenue: NT$53.5b (up 5.2% from 3Q 2021). Net income: NT$9.36b (flat on 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia.Reported Earnings • Aug 06Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.24 (up from NT$1.15 in 2Q 2021). Revenue: NT$52.4b (up 5.7% from 2Q 2021). Net income: NT$9.66b (up 7.9% from 2Q 2021). Profit margin: 18% (in line with 2Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 1.8%, compared to a 4.2% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.Upcoming Dividend • Jun 23Upcoming dividend of NT$4.61 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 05 August 2022. Payout ratio and cash payout ratio are on the higher end at 99% and 83% respectively. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.1%).Reported Earnings • May 08First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$1.16 (up from NT$1.14 in 1Q 2021). Revenue: NT$51.3b (up 2.4% from 1Q 2021). Net income: NT$9.02b (up 2.5% from 1Q 2021). Profit margin: 18% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.1% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 1.8%, compared to a 3.6% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Reported Earnings • Jan 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 2.2%, compared to a 4.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$1.21 (vs NT$1.08 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$50.9b (down 2.5% from 3Q 2020). Net income: NT$9.40b (up 13% from 3Q 2020). Profit margin: 19% (up from 16% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.Upcoming Dividend • Aug 18Upcoming dividend of NT$4.31 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 28 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS NT$1.15 (vs NT$1.11 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$49.6b (up 3.8% from 2Q 2020). Net income: NT$8.93b (up 4.2% from 2Q 2020). Profit margin: 18% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$1.14 (vs NT$1.07 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$50.1b (up 4.1% from 1Q 2020). Net income: NT$8.82b (up 6.4% from 1Q 2020). Profit margin: 18% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Reported Earnings • Apr 21Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.25 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.4% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.Executive Departure • Apr 10Non-Independent Director has left the companyOn the 5th of April, Chin-Tsai Pan's tenure as Non-Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Chin-Tsai's name. A total of 6 executives have left over the last 12 months.Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.23 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.9% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 26Revenue behind estimatesRevenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 1.2%, compared to a 7.9% growth forecast for the Telecom industry in Taiwan.Reported Earnings • Feb 05Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.25 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$207.6m (down 100% from FY 2019). Net income: NT$33.4m (down 100% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Feb 05Revenue behind estimatesRevenue missed analyst estimates by 0.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 101,327%, compared to a 7.4% growth forecast for the Telecom industry in Taiwan.Is New 90 Day High Low • Jan 11New 90-day high: NT$111The company is up 3.0% from its price of NT$108 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Telecom industry, which is also up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$127 per share.Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 2.2%, compared to a 3.7% growth forecast for the Telecom industry in Taiwan.Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$1.07The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$52.2b (up 2.6% from 3Q 2019). Net income: NT$8.34b (up 3.0% from 3Q 2019). Profit margin: 16% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.株主還元2412TW TelecomTW 市場7D-0.7%-0.6%2.6%1Y3.0%3.0%94.7%株主還元を見る業界別リターン: 2412過去 1 年間で3 % のリターンをもたらしたTW Telecom業界と一致しました。リターン対市場: 2412は、過去 1 年間で94.7 % のリターンを上げたTW市場を下回りました。価格変動Is 2412's price volatile compared to industry and market?2412 volatility2412 Average Weekly Movement2.2%Telecom Industry Average Movement4.3%Market Average Movement6.2%10% most volatile stocks in TW Market12.2%10% least volatile stocks in TW Market2.5%安定した株価: 2412 、 TW市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 2412の 週次ボラティリティ ( 2% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1996n/aChih-Cheng Chienwww.cht.com.tw中華電信股份有限公司（Chunghwa Telecom Co., Ltd.）は、その子会社とともに、台湾および海外で総合電気通信サービス・プロバイダーとして事業を展開している。同社はコンシューマー・ビジネス、エンタープライズ・ビジネス、インターナショナル・ビジネス、その他のセグメントで事業を展開している。同社のサービスには主に携帯電話、固定電話、情報通信技術（ICT）、販売その他のサービスが含まれる。プリペイド、ポストペイドプランなどのモバイルサービス、固定ブロードバンド、音声、専用線、ビデオ、衛星サービスなどの固定回線サービス、ブロードバンドアクセス、データ通信、Wi-Fiサービスなどの固定ブロードバンドサービスを提供している。また、クラウド、コンテンツ・デリバリー・ネットワーク、高度ネットワーク防御システム、ウェブ・アプリケーション・ファイアウォールなどのICTサービスも提供している。さらに、直営店、オンラインストア、サードパーティ小売店を通じて、モバイルネットワークを利用した携帯端末やウェアラブルデバイスを顧客に配布・販売するほか、相互接続サービスも提供している。同社は1996年に法人化され、台湾の台北市に本社を置いている。もっと見るChunghwa Telecom Co., Ltd. 基礎のまとめChunghwa Telecom の収益と売上を時価総額と比較するとどうか。2412 基礎統計学時価総額NT$1.06t収益（TTM）NT$39.02b売上高(TTM)NT$240.29b27.2xPER（株価収益率4.4xP/Sレシオ2412 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計2412 損益計算書（TTM）収益NT$240.29b売上原価NT$152.18b売上総利益NT$88.11bその他の費用NT$49.09b収益NT$39.02b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）5.03グロス・マージン36.67%純利益率16.24%有利子負債／自己資本比率7.1%2412 の長期的なパフォーマンスは？過去の実績と比較を見る配当金3.8%現在の配当利回り103%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 11:16終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Chunghwa Telecom Co., Ltd. 5 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。23 アナリスト機関Anand RamachandranBarclaysXinyi PangBofA Global ResearchFrank LinCLSA20 その他のアナリストを表示
Buy Or Sell Opportunity • May 18Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to NT$137. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.3% in 2 years. Earnings are forecast to grow by 6.5% in the next 2 years.
Reported Earnings • May 09First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: EPS: NT$1.30 (up from NT$1.26 in 1Q 2025). Revenue: NT$60.0b (up 7.5% from 1Q 2025). Net income: NT$10.1b (up 3.2% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Buy Or Sell Opportunity • Apr 13Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period.
お知らせ • Apr 01Chunghwa Telecom Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2026 results at 2:30 PM, Taipei Standard Time on May 07, 2026
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.
お知らせ • Mar 02Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan
Buy Or Sell Opportunity • May 18Now 21% undervaluedOver the last 90 days, the stock has risen 3.0% to NT$137. The fair value is estimated to be NT$172, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.0% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 5.3% in 2 years. Earnings are forecast to grow by 6.5% in the next 2 years.
Reported Earnings • May 09First quarter 2026 earnings: EPS in line with analyst expectations despite revenue beatFirst quarter 2026 results: EPS: NT$1.30 (up from NT$1.26 in 1Q 2025). Revenue: NT$60.0b (up 7.5% from 1Q 2025). Net income: NT$10.1b (up 3.2% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue exceeded analyst estimates by 3.7%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 3% per year.
Buy Or Sell Opportunity • Apr 13Now 20% undervaluedThe stock has been flat over the last 90 days, currently trading at NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings are also forecast to grow by 3.1% per annum over the same time period.
お知らせ • Apr 01Chunghwa Telecom Co., Ltd. to Report Q1, 2026 Results on May 07, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2026 results at 2:30 PM, Taipei Standard Time on May 07, 2026
Buy Or Sell Opportunity • Mar 19Now 20% undervaluedOver the last 90 days, the stock has risen 3.1% to NT$135. The fair value is estimated to be NT$169, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years. Earnings per share has declined by 8.1%. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.
お知らせ • Mar 02Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2026, at 09:00 Taipei Standard Time. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan
お知らせ • Feb 27+ 1 more updateChunghwa Telecom Co., Ltd. Appoints Yuan-Kai Chen as Senior Executive Vice President, Effective February 26, 2026Chunghwa Telecom Co., Ltd. appointed Yuan-Kai Chen, Vice President of Investment Department as Senior Executive Vice President, Effective February 26, 2026.
Buy Or Sell Opportunity • Feb 26Now 20% undervaluedOver the last 90 days, the stock has risen 3.4% to NT$135. The fair value is estimated to be NT$170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.9% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 6.1% in 2 years. Earnings are forecast to grow by 7.9% in the next 2 years.
Reported Earnings • Feb 04Full year 2025 earnings released: EPS: NT$4.99 (vs NT$4.80 in FY 2024)Full year 2025 results: EPS: NT$4.99 (up from NT$4.80 in FY 2024). Revenue: NT$236.1b (up 2.7% from FY 2024). Net income: NT$38.7b (up 3.9% from FY 2024). Profit margin: 16% (in line with FY 2024). Revenue is forecast to grow 3.2% p.a. on average during the next 2 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 6% per year.
お知らせ • Jan 23Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Year 2026Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the year 2026. For the year, the Company expects its total revenue to increase by TWD 5.88 to TWD 7.57 billion, or 2.5%~3.2%, to TWD 241.99 to TWD 243.68 billion as compared to the un-audited consolidated total revenue of 2025. The increase in revenue is expected to be propelled by the growth in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainability transformation opportunities, digital resilience opportunities, and digital economy opportunities empowered by AI. Income from operations is expected to range from a decrease of TWD 0.41 to an increase of TWD 1.11 billion, or -0.8%~2.3% to TWD 48.14 to TWD 49.66 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 48.71 to TWD 50.23 billion, TWD 37.39 TWD 38.94 billion and TWD 4.82 to TWD 5.02, respectively, representing a decrease of TWD 0.03 to an increase of TWD 1.55 billion, a decrease of TWD 1.30 to an increase of TWD 0.25 billion and a decrease of TWD 0.17 to an increase of TWD 0.03 respectively, year over year.
お知らせ • Jan 20Chunghwa Telecom Co., Ltd. to Report Q4, 2025 Results on Feb 03, 2026Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2025 results at 3:30 PM, Taipei Standard Time on Feb 03, 2026
Reported Earnings • Nov 07Third quarter 2025 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2025 results: EPS: NT$1.22 (up from NT$1.16 in 3Q 2024). Revenue: NT$57.9b (up 4.2% from 3Q 2024). Net income: NT$9.44b (up 4.8% from 3Q 2024). Profit margin: 16% (in line with 3Q 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 1.6% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 7% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Oct 02Chunghwa Telecom Co., Ltd. to Report Q3, 2025 Results on Nov 06, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2025 results on Nov 06, 2025
Reported Earnings • Aug 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$1.31 (up from NT$1.27 in 2Q 2024). Revenue: NT$56.7b (up 4.8% from 2Q 2024). Net income: NT$10.2b (up 3.5% from 2Q 2024). Profit margin: 18% (in line with 2Q 2024). Revenue exceeded analyst estimates by 1.9%. Earnings per share (EPS) also surpassed analyst estimates by 1.8%. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Jul 09Chunghwa Telecom Co., Ltd. to Report Q2, 2025 Results on Aug 05, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2025 results at 2:30 PM, Taipei Standard Time on Aug 05, 2025
Upcoming Dividend • Jun 26Upcoming dividend of NT$5.00 per shareEligible shareholders must have bought the stock before 03 July 2025. Payment date: 08 August 2025. The company is paying out more than 100% of its profits and is paying out 80% of its cash flow. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).
Declared Dividend • Jun 07Dividend increased to NT$5.00Dividend of NT$5.00 is 5.1% higher than last year. Ex-date: 3rd July 2025 Payment date: 8th August 2025 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (103% earnings payout ratio). However, it is covered by cash flows (80% cash payout ratio). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 15% to bring the payout ratio under control. EPS is expected to grow by 7.4% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio.
お知らせ • May 30+ 1 more updateChunghwa Telecom Co., Ltd. Announces Board AppointmentsChunghwa Telecom Co., Ltd. at its 2025 Annual General Meeting held on May 29, 2025, approved the election of Directors: Chi-Hwa Chern, Representative of MOTC; Kung-Yeun Jeng, Representative of MOTC; I-Jen Su, Representative of MOTC. Independent Directors: Ikujin Ko; Ching-Feng Hsueh; Jer-Liang Yeh.
Reported Earnings • May 09First quarter 2025 earnings: EPS in line with expectations, revenues disappointFirst quarter 2025 results: EPS: NT$1.26 (up from NT$1.21 in 1Q 2024). Revenue: NT$55.8b (up 1.6% from 1Q 2024). Net income: NT$9.80b (up 4.3% from 1Q 2024). Profit margin: 18% (in line with 1Q 2024). Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Apr 09Chunghwa Telecom Co., Ltd. to Report Q1, 2025 Results on May 08, 2025Chunghwa Telecom Co., Ltd. announced that they will report Q1, 2025 results at 2:30 PM, Taipei Standard Time on May 08, 2025
お知らせ • Mar 20Chunghwa Telecom Co., Ltd. Announces Reassignment of Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced Reassignment of Representative of Juristic Person Director. Name of the previous position holder: Shih-Hung Tseng. Resume of the previous position holder: Director, Chunghwa Telecom Co., Ltd. Name of the new position holder: Shiow-Long Horng, Resume of the new position holder: President, Chunghwa Telecom Workers' Union Effective date of the new appointment: March 11, 2025.
Reported Earnings • Mar 01Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.0% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year and the company’s share price has also increased by 1% per year.
お知らせ • Feb 19Chunghwa Telecom Co., Ltd. to Report Fiscal Year 2024 Results on Feb 26, 2025Chunghwa Telecom Co., Ltd. announced that they will report fiscal year 2024 results on Feb 26, 2025
Reported Earnings • Jan 24Full year 2024 earnings: EPS in line with analyst expectations despite revenue beatFull year 2024 results: EPS: NT$4.80 (up from NT$4.76 in FY 2023). Revenue: NT$230.0b (up 3.1% from FY 2023). Net income: NT$37.2b (flat on FY 2023). Profit margin: 16% (in line with FY 2023). Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.2% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Jan 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025Chunghwa Telecom Co., Ltd., Annual General Meeting, May 29, 2025. Location: no,168, min tsu rd., banciao district, new taipei city Taiwan
お知らせ • Jan 22Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2025Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2025. For the year, the Company expects its total revenue to increase by TWD 2.71 billion ~ TWD 3.71 billion, or 1.2%~1.6%, to TWD 232.74 billion ~ TWD 233.74 billion as compared to the un-audited consolidated total revenue of 2024. Income from operations is expected to decrease by TWD 0.16 billion ~ TWD 1.58 billion, or -0.3%~3.4% to TWD 45.30 billion ~ TWD 46.72 billion as compared to the prior year. Net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 35.84 billion ~ TWD 37.39 billion and TWD 4.62 ~ TWD 4.82, respectively, representing a decrease of TWD 1.37 billion to an increase of TWD 0.18 billion and a decrease of TWD 0.18 to an increase TWD 0.02 respectively, year over year.
Reported Earnings • Nov 08Third quarter 2024 earnings: EPS misses analyst expectationsThird quarter 2024 results: EPS: NT$1.16 (down from NT$1.17 in 3Q 2023). Revenue: NT$55.6b (up 3.6% from 3Q 2023). Net income: NT$9.01b (down 1.0% from 3Q 2023). Profit margin: 16% (in line with 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 5.7%. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 3% per year.
新しいナラティブ • Nov 07Unleashing Innovation And Sustainability To Propel 5G And ICT Growth Globally Expanding 5G and ICT services will drive revenue growth and enhance profitability through higher ARPU and high-margin offerings.
お知らせ • Oct 17Chunghwa Telecom Co., Ltd. to Report Q3, 2024 Results on Nov 06, 2024Chunghwa Telecom Co., Ltd. announced that they will report Q3, 2024 results at 3:30 PM, Taipei Standard Time on Nov 06, 2024
お知らせ • Oct 01+ 1 more updateChunghwa Telecom Co., Ltd. Announces President ChangesChunghwa Telecom Co., Ltd. announced the appointment of Mr. Rong-Shy Lin, Senior Official (Chief Business Officer & Senior Executive Vice President), has been appointed as the new President, succeeding Mr. Chau-Young Lin as approved by the Board of Directors in an extraordinary board meeting convened 30 September 2024. The new President, MR. Rong-Shy Lin, holds a Ph.D. in Computer Science from National Chiao Tung University. He brings a wealth of experience, having previously served as the Vice President of the Enterprise Business Group, Vice President of the Information Department of Chunghwa Telecom, Vice President and President of Telecommunication Laboratories, President of the Data Communications Business Group, as well as Chief Technology Officer, and Chief Information Security Officer of the Company.
お知らせ • Sep 25+ 1 more updateChunghwa Telecom Co., Ltd. Announces Juristic Person Director ChangesChunghwa Telecom Co., Ltd. appointed Wu, Sheng Yuan, Political Deputy Minister as Representative of Juristic Person Director. Effective date of the new appointment from September 24, 2024. Based on the designation letter dated September 24, 2024, from the Ministry of Transportation and Communications, the Company's juristic person shareholder. Filling the vacancy left by Director Hu, Hsiang Ling.
Reported Earnings • Aug 10Second quarter 2024 earnings: EPS exceeds analyst expectationsSecond quarter 2024 results: EPS: NT$1.27 (down from NT$1.28 in 2Q 2023). Revenue: NT$54.1b (up 1.2% from 2Q 2023). Net income: NT$9.82b (down 1.0% from 2Q 2023). Profit margin: 18% (in line with 2Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.6%. Revenue is forecast to grow 1.9% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Aug 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces CFO ChangesChunghwa Telecom Co., Ltd. has approved the appointment of Chief Financial Officer (CFO). The current CFO, Mr. Vincent Yu-Shen Chen, will return to National Chengchi University after his secondment period ends. Ms. Audrey Wen-Hsin Hsu from National Taiwan University will take over the position with the new appointment set to take effective on September 1, 2024. Mr. Shui-Yi Kuo, Chairman and Chief Executive Officer of Chunghwa Telecom, expresses his gratitude to Mr. Chen for his significant contributions over the past four years. Mr. Chen has overseen the Company's accounting, finance, and stakeholder communication efforts. During the organization transformation, he led the accounting team to revamp the internal control and cost/managerial accounting systems, significantly enhancing the quality of managerial decision and performance appraisal in the post-transformation period. As the head of the corporate governance team, Mr. Chen initiated the issuance of the first sustainability bond in the telecommunication industry in Taiwan, introduced responsible investment in short-term fund management, linked executive variable compensation with ESG outcomes, and implemented many sustainability initiatives. These efforts helped the Company clinched the first place in the global telecommunication industry in the 2023 Dow Jones Sustainability Index (DJSI) and significantly improved its MSCI scores and ratings. Mr. Chen's engagement with domestic and international investors was also recognized by the prestigious Asian magazine, Corporate Governance Asia, earning him the title of 2024 Asia's Best CFO. On the investment front, he served as the Chair of IPO task force for CHT Security International and International Integrated Systems Inc., respectively, facilitating the listing of these two subsidiaries in the capital market. He is also the founding Chairman of Chunghwa Digital Cultural and Creative Capital, helping the Company expand into the cultural and creative industry. As Mr. Chen will return to National Chengchi University following the completion of his secondment, Mr. Kuo hopes that Mr. Chen will continue to contribute to the country and society. The newly appointed CFO, Ms. Hsu holds a Ph.D. in Accounting and Finance from Lancaster University in the UK. She is a Certified Public Accountant in Taiwan, and has passed Level 3 of the Chartered Financial Analyst (CFA) exam in the United States. Ms. Hsu is currently a full-time professor in the Department of Accounting at National Taiwan University. She previously served as the Associate Dean of International Affairs at School of Management, the Director of the Global MBA program, and the Secretary General of Taiwan Accounting Association. During her tenure as the Director of the Global MBA program, Ms. Hsu assisted International Business Group of Chunghwa Telecom in developing global talents. She specializes in financial accounting and had served as a long-term member of the Financial Accounting Standard Board in Taiwan and is currently a member of Financial Accounting Issues Task Force. In addition to her solid academic background, Ms. Hsu also has extensive industry experience. She has served as independent director for publicly listed company in high-tech industry sector, was a board member of Global Venture Capital Corporation, and was a director at Taiwan Insurance Guarantee Fund.
Upcoming Dividend • Jun 29Upcoming dividend of NT$4.76 per shareEligible shareholders must have bought the stock before 04 July 2024. Payment date: 08 August 2024. The company is paying out more than 100% of its profits and is paying out 78% of its cash flow. Trailing yield: 3.8%. Lower than top quartile of Taiwanese dividend payers (4.2%). In line with average of industry peers (3.8%).
Declared Dividend • Jun 11Dividend increased to NT$4.76Dividend of NT$4.76 is 1.2% higher than last year. Ex-date: 4th July 2024 Payment date: 8th August 2024 Dividend yield will be 3.8%, which is about the same as the industry average. Sustainability & Growth Dividend is not covered by earnings (101% earnings payout ratio). However, it is covered by cash flows (79% cash payout ratio). The dividend has increased by an average of 7.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 12% to bring the payout ratio under control. EPS is expected to grow by 11% over the next 3 years, which should be enough to bring the dividend into a sustainable range.
Reported Earnings • Apr 18Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.69 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$37.0b (up 1.7% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
お知らせ • Mar 15Chunghwa Telecom Co., Ltd. Proposes Cash DividendChunghwa Telecom Co., Ltd. at its annual general shareholders’ meeting to be held on May 31, 2024 the Board approved the proposal to distribute cash dividend of TWD 4.758 per share.
Reported Earnings • Feb 27Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
お知らせ • Feb 24Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024Chunghwa Telecom Co., Ltd., Annual General Meeting, May 31, 2024. Location: Chunghwa Telecom Telecommunication Training Institute No. 168, Minzu Road, Banchiao District New Taipei City Taiwan Agenda: To consider 2023 business report; to consider 2023 audit committee's review report; to consider 2023 compensation distribution to directors and employees; to consider 2023 directors' remuneration report; to consider Ratification of 2023 business report and financial statements; to consider Ratification of 2023 earnings distribution proposal; and to consider any other matters.
Reported Earnings • Jan 28Full year 2023 earnings: Revenues and EPS in line with analyst expectationsFull year 2023 results: EPS: NT$4.76 (up from NT$4.70 in FY 2022). Revenue: NT$223.2b (up 3.0% from FY 2022). Net income: NT$36.9b (up 1.2% from FY 2022). Profit margin: 17% (in line with FY 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) were also in line with analyst expectations. Revenue is forecast to grow 2.4% p.a. on average during the next 2 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 3% per year and the company’s share price has also increased by 3% per year.
お知らせ • Jan 26Chunghwa Telecom Co., Ltd. Provides Earnings Guidance for the Year 2024Chunghwa Telecom Co., Ltd. provided earnings guidance for the year 2024. For 2024, the Company expects total revenue to increase by TWD 5.34 ~ TWD 6.99 billion, or 2.4% ~3.1%, to TWD 228.54 ~TWD 230.19 billion as compared to the un-audited consolidated total revenue of 2023. The increase in revenue is expected to be propelled by increases in mobile communications revenue, broadband access revenue, and data communications revenue, as well as revenue coming from the expansion of emerging businesses driven by the sustainable transformation and digital economy. Income from operations is expected to decrease by TWD 1.12, to an increase by TWD 0.15 billion, or -2.4%~0.3% to TWD 45.23~TWD 46.50 billion as compared to the prior year. Income before income tax, net income attributable to stockholders of the parent and net earnings per share are expected to be TWD 45.90 ~ TWD 47.58 billion, TWD 35.66 ~ TWD 37.20 billion and TWD 4.60 ~ TWD 4.80, respectively, representing a decrease of TWD 1.09 to an increase of TWD 0.59 billion, a decrease of TWD 1.26 to an increase of TWD 0.28 billion and a decrease of TWD 0.16 to an increase TWD 0.04 respectively, year over year.
Reported Earnings • Nov 11Third quarter 2023 earnings: EPS and revenues miss analyst expectationsThird quarter 2023 results: EPS: NT$1.17 (down from NT$1.21 in 3Q 2022). Revenue: NT$53.7b (flat on 3Q 2022). Net income: NT$9.09b (down 2.8% from 3Q 2022). Profit margin: 17% (in line with 3Q 2022). Revenue missed analyst estimates by 1.5%. Earnings per share (EPS) also missed analyst estimates by 4.3%. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 2% per year.
お知らせ • Nov 09+ 1 more updateChunghwa Telecom Co., Ltd. Announces Change of Technology Senior Executive Vice PresidentChunghwa Telecom Co., Ltd. announced change of Technology Senior Executive Vice President. Name, title, and resume of the previous position holder: Rong-Shy Lin, Technology Senior Executive Vice President. Name, title, and resume of the new position holder: Chih-Hsiung Huang, Vice President of Telecommunication Laboratories. Reason for the change is position adjustment. Effective date is January 01, 2024.
お知らせ • Aug 11Chunghwa Telecom Co., Ltd. Announces Management ChangesThe Board of Chunghwa Telecom Co., Ltd. approved the appointments of senior management. The 7th meeting of the 10th Board of Directors approved the appointment of the management as follows: Mr. Jung-Kuei Chen, president of Information Technology Group, will be discharged on August 15, 2023, and the successor will be Ms. Huei-Chi Yang, vice president of Telecommunication Laboratories.
お知らせ • Aug 10Chunghwa Telecom Co., Ltd. Announces Change of Corporate Governance OfficerChunghwa Telecom Co., Ltd. appointed An-An Hsia, Senior Director of Legal Affairs Department as Corporate Governance Officer in place of Ya-Chian Shiue, Assistant Vice President of Legal Affairs Department, effective August 9, 2023.
Reported Earnings • Aug 10Second quarter 2023 earnings: EPS exceeds analyst expectationsSecond quarter 2023 results: EPS: NT$1.28 (up from NT$1.25 in 2Q 2022). Revenue: NT$53.5b (up 2.0% from 2Q 2022). Net income: NT$9.93b (up 2.9% from 2Q 2022). Profit margin: 19% (in line with 2Q 2022). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 5.8%. Revenue is forecast to grow 2.8% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 5% per year whereas the company’s share price has increased by 3% per year.
お知らせ • Jul 12Chunghwa Telecom Co., Ltd. to Report Q2, 2023 Results on Aug 08, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q2, 2023 results at 2:30 PM, Taipei Standard Time on Aug 08, 2023
お知らせ • Jul 08Chunghwa Telecom Co., Ltd. Announces Executive ChangesChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as president. Name of the previous position holder: Shui-Yi Kuo, Chairman of Chunghwa Telecom Co., Ltd. Resume of the new position holder: President of the Company’s Information Technology Group. Effective date of the new appointment is July 7, 2023. Reason for the change: The 4th extraordinary meeting of the 10th board approved the appointment of the president.
お知らせ • Jul 06Chunghwa Telecom Co., Ltd. Announces Appointment of Chau-Young Lin as Representative of Juristic Person DirectorChunghwa Telecom Co., Ltd. announced appointment of Chau-Young Lin as Representative of Juristic Person Director. Resume of the new position holder: President, Information Technology Group, Chunghwa Telecom Co., Ltd. Effective date of the new appointment is July 04, 2023.
お知らせ • Jun 30Chunghwa Telecom Co., Ltd. Announces Executive ChangesThe 3rd extraordinary meeting of Chunghwa Telecom Co., Ltd. the 10th Board of Directors has approved that Ms. Hsueh-Lan Wu, president of International Business Group will be discharged on June 30, 2023 due to retirement. Mr. Chin-Chou Chen, vice president of International Business Group will be the successor to Ms. Wu as the president of International Business Group.
Buying Opportunity • Jun 29Now 22% undervalued after recent price dropOver the last 90 days, the stock is down 1.7%. The fair value is estimated to be NT$150, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.8% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.
Upcoming Dividend • Jun 22Upcoming dividend of NT$4.70 per share at 3.7% yieldEligible shareholders must have bought the stock before 29 June 2023. Payment date: 04 August 2023. Payout ratio and cash payout ratio are on the higher end at 98% and 86% respectively. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.5%). In line with average of industry peers (3.7%).
お知らせ • May 27Chunghwa Telecom Co., Ltd. Approves Dividend for the Year 2022Chunghwa Telecom Co., Ltd. announced at the share holders meeting held on May 26, 2022, the shareholders ratified 2022 earnings distribution proposal with cash dividend TWD 4.702 per share. Authorized the Chairman to set a record date of ex-cash dividend for distribution.
Buying Opportunity • May 22Now 21% undervaluedOver the last 90 days, the stock is up 9.6%. The fair value is estimated to be NT$159, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 2.6% over the last 3 years. Earnings per share has grown by 4.6%. Revenue is forecast to grow by 4.4% in 2 years. Earnings is forecast to grow by 6.1% in the next 2 years.
お知らせ • May 06+ 1 more updateChunghwa Telecom Co., Ltd. Announces CEO ChangesChunghwa Telecom Co., Ltd. announced at second extraordinary meeting of the 10th board approved that the chairman serves as the CEO of the company concurrently. Shui-Yi Kuo appointed as CEO of the company in place of Chi-Mau Sheih. Effective date is May 5, 2023.
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: NT$4.71 (vs NT$4.61 in FY 2021)Full year 2022 results: EPS: NT$4.71 (up from NT$4.61 in FY 2021). Revenue: NT$216.7b (up 3.0% from FY 2021). Net income: NT$36.5b (up 2.1% from FY 2021). Profit margin: 17% (in line with FY 2021). Revenue is forecast to grow 1.8% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 4% per year whereas the company’s share price has increased by 1% per year.
お知らせ • Feb 01Chunghwa Telecom Co., Ltd. Provides Consolidated Earnings Guidance for the Fiscal Year 2023Chunghwa Telecom Co., Ltd. provided consolidated earnings guidance for the fiscal year 2023. for the year, the company expects revenue in the range of TWD 221.27 billion to TWD 222.79 billion, Income from Operations in the range of TWD 44.67 billion to TWD 45.99 billion, Net Income Attributable to Stockholders of The Parent in the range of TWD 34.55 billion to TWD 36.10 billion and EPS in the range of TWD 4.45 to TWD 4.65.
お知らせ • Dec 30Chunghwa Telecom Co., Ltd. to Report Q4, 2022 Results on Feb 02, 2023Chunghwa Telecom Co., Ltd. announced that they will report Q4, 2022 results at 2:30 PM, Taipei Standard Time on Feb 02, 2023
Reported Earnings • Nov 06Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beatThird quarter 2022 results: EPS: NT$1.21. Revenue: NT$53.5b (up 5.2% from 3Q 2021). Net income: NT$9.36b (flat on 3Q 2021). Profit margin: 18% (in line with 3Q 2021). Revenue exceeded analyst estimates by 2.2%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Telecom industry in Asia.
Reported Earnings • Aug 06Second quarter 2022 earnings: EPS and revenues miss analyst expectationsSecond quarter 2022 results: EPS: NT$1.24 (up from NT$1.15 in 2Q 2021). Revenue: NT$52.4b (up 5.7% from 2Q 2021). Net income: NT$9.66b (up 7.9% from 2Q 2021). Profit margin: 18% (in line with 2Q 2021). Revenue missed analyst estimates by 100%. Earnings per share (EPS) also missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 1.8%, compared to a 4.2% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has increased by 4% per year.
Upcoming Dividend • Jun 23Upcoming dividend of NT$4.61 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 05 August 2022. Payout ratio and cash payout ratio are on the higher end at 99% and 83% respectively. Trailing yield: 3.6%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.1%).
Reported Earnings • May 08First quarter 2022 earnings: EPS misses analyst expectationsFirst quarter 2022 results: EPS: NT$1.16 (up from NT$1.14 in 1Q 2021). Revenue: NT$51.3b (up 2.4% from 1Q 2021). Net income: NT$9.02b (up 2.5% from 1Q 2021). Profit margin: 18% (in line with 1Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.5%. Over the next year, revenue is forecast to grow 2.0%, compared to a 4.1% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has increased by 5% per year.
Reported Earnings • Feb 27Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 1.8%, compared to a 3.6% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Reported Earnings • Jan 28Full year 2021 earnings: EPS exceeds analyst expectationsFull year 2021 results: EPS: NT$4.61 (up from NT$4.31 in FY 2020). Revenue: NT$210.5b (up 1.4% from FY 2020). Net income: NT$35.8b (up 7.0% from FY 2020). Profit margin: 17% (in line with FY 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 4.5%. Over the next year, revenue is forecast to grow 2.2%, compared to a 4.3% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 3% per year.
Reported Earnings • Nov 05Third quarter 2021 earnings released: EPS NT$1.21 (vs NT$1.08 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: NT$50.9b (down 2.5% from 3Q 2020). Net income: NT$9.40b (up 13% from 3Q 2020). Profit margin: 19% (up from 16% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has increased by 1% per year.
Upcoming Dividend • Aug 18Upcoming dividend of NT$4.31 per shareEligible shareholders must have bought the stock before 25 August 2021. Payment date: 28 September 2021. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.3%). In line with average of industry peers (3.6%).
Reported Earnings • Aug 03Second quarter 2021 earnings released: EPS NT$1.15 (vs NT$1.11 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$49.6b (up 3.8% from 2Q 2020). Net income: NT$8.93b (up 4.2% from 2Q 2020). Profit margin: 18% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.
Reported Earnings • May 06First quarter 2021 earnings released: EPS NT$1.14 (vs NT$1.07 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$50.1b (up 4.1% from 1Q 2020). Net income: NT$8.82b (up 6.4% from 1Q 2020). Profit margin: 18% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Reported Earnings • Apr 21Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.25 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.4% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings.
Executive Departure • Apr 10Non-Independent Director has left the companyOn the 5th of April, Chin-Tsai Pan's tenure as Non-Independent Director ended after 4.0 years in the role. We don't have any record of a personal shareholding under Chin-Tsai's name. A total of 6 executives have left over the last 12 months.
Reported Earnings • Feb 26Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.23 in FY 2019)The company reported a decent full year result with improved earnings, although revenues and profit margins were flat. Full year 2020 results: Revenue: NT$207.6b (flat on FY 2019). Net income: NT$33.4b (up 1.9% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 26Revenue behind estimatesRevenue missed analyst estimates by 1.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 1.2%, compared to a 7.9% growth forecast for the Telecom industry in Taiwan.
Reported Earnings • Feb 05Full year 2020 earnings released: EPS NT$4.31 (vs NT$4.25 in FY 2019)The company reported a poor full year result with weaker earnings and revenues, although profit margins were flat. Full year 2020 results: Revenue: NT$207.6m (down 100% from FY 2019). Net income: NT$33.4m (down 100% from FY 2019). Profit margin: 16% (in line with FY 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Feb 05Revenue behind estimatesRevenue missed analyst estimates by 0.9%. Earnings per share (EPS) were mostly in line with analyst estimates. Over the next year, revenue is forecast to grow 101,327%, compared to a 7.4% growth forecast for the Telecom industry in Taiwan.
Is New 90 Day High Low • Jan 11New 90-day high: NT$111The company is up 3.0% from its price of NT$108 on 13 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Telecom industry, which is also up 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NT$127 per share.
Analyst Estimate Surprise Post Earnings • Nov 07Revenue and earnings beat expectationsRevenue exceeded analyst estimates by 3.3%. Earnings per share (EPS) also surpassed analyst estimates by 8.3%. Over the next year, revenue is forecast to grow 2.2%, compared to a 3.7% growth forecast for the Telecom industry in Taiwan.
Reported Earnings • Nov 07Third quarter 2020 earnings released: EPS NT$1.07The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2020 results: Revenue: NT$52.2b (up 2.6% from 3Q 2019). Net income: NT$8.34b (up 3.0% from 3Q 2019). Profit margin: 16% (in line with 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
