Company Analysis

Chunghwa Telecom Co., Ltd (CHT)

NYSE: CHT · Radiotelephone Communications · Taipei Taiwan, TW · filing with the SEC since 2003
Grade6.0
◀ Past 6.4● Present 6.3▶ Future 5.4
1 est.

The grade of Chunghwa Telecom Co., Ltd

Nine metrics read from its own filings, by tense
Headline grade
6.0/10
◀ Past6.425% of the headline
● Present6.335% of the headline
▶ Future5.440% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

6.4/1025% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.5/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 22% of this tense · 65th percentile among 13 sector filers · read for itself

From the record

Chunghwa Telecom Co., Ltd's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.8/10

What has it actually done, year after year?

-0.1% a year over 10 filed years; profitable in 10 of 10.

weight 45% of this tense · 58th percentile among 13 sector filers · read for its customers

From the record

Chunghwa Telecom Co., Ltd's 10 filed years say what it did: revenue went from TWD 232 billion in fiscal 2015 to TWD 230 billion in fiscal 2024, down 0.1% a year; it rose in 5 of 9 years; the deepest fall was 10% from fiscal 2015 to fiscal 2019; net income was positive in 10 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span-0.1%bottom 35% of its family
  • the share of years revenue rosebottom 42% of its family
  • the share of filed years with a profittop 19% of its family
  • the deepest fall from a revenue peak10.5%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.3/10

How has it treated the people who own it?

Share count steady. 47% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 33% of this tense · 73rd percentile among 10 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2024-12-31, Chunghwa Telecom Co., Ltd's diluted share count held steady, and dividends and buybacks returned about 47% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-09-30 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 29% of its family
  • cash returned against operating cash flowtop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.3/1035% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
6.2/10

Is it financially healthy right now?

ROE 10%: 10¢ of profit per shareholder dollar. Leverage 26%: owes 26¢ per asset dollar.

weight 45% of this tense · 62nd percentile among 13 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2024-12-31, Chunghwa Telecom Co., Ltd earned about 10 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 16 cents per dollar of everything the company owns. Leverage: it owed about 26 cents per dollar of assets, and net share issuance: its share count grew 0.1% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 12% of its family
  • return on equitytop 46% of its family
  • gross profit against assetstop 50% of its family
  • the share count against the year beforetop 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
6.9/10

How strong is its position in its industry?

top 31% of 13 in its family; net margin 16.7%.

weight 33% of this tense · 69th percentile among 13 sector filers · read for its customers

From the record

Chunghwa Telecom Co., Ltd's standing among 13 graded names in its industry family: revenue of TWD 230 billion in fiscal 2024 is not ranked by size, since the family reports in another currency; a net margin of 16.7% ranks in the top 19%; revenue growth of 3% a year over the last 3 filed years ranks in the top 42% (its annual reports).

What it rests on

  • net margin16.7%top 19% of its family
  • three-year revenue growth3.0%top 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.8/10

What are the people in charge doing?

SI estimate 5.8/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 5 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 5 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 5 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Chunghwa Telecom Co., Ltd's leadership is put at 5.8 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-17 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 5 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

5.4/1040% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.7/10

How much room does it have to grow?

bottom 47% of 12 in its family for room to expand.

weight 22% of this tense · 47th percentile among 12 sector filers · read for itself

From the record

Chunghwa Telecom Co., Ltd's room to grow, from the newest filed statements (fiscal 2024): cash of TWD 36 billion against no long-term debt tagged leaves 6.8% of its assets as net cash, top 29% of its family; cash from operations less capital spending is 22% of revenue (top 37%); a gross margin of 36.3% (bottom 39%); research spending of 1.8% of revenue (bottom 17%) (its annual report).

What it rests on

  • cash less debt against assets6.8%top 29% of its family
  • cash from operations less capital spending against revenue22.0%top 37% of its family
  • gross margin36.3%bottom 39% of its family
  • research spending against revenue1.8%bottom 17% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
6.1/10

What could actually drive growth from here?

top 39% of 13 in its family for growth drivers.

weight 45% of this tense · 61st percentile among 13 sector filers · read for its customers

From the record

Chunghwa Telecom Co., Ltd's growth drivers, from the filed years to fiscal 2024: revenue grew 3% a year over the last three filed years against -0.1% over all 10, speeding up (top 35% of its family); the newest year grew 3% (top 50%); research spending grew 4.2% a year (top 12%); capital spending grew -6.6% a year (bottom 42%) (its annual reports). Chunghwa Telecom Co., Ltd tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span+3.1 points a yeartop 35% of its family
  • the newest year's revenue growth3.0%top 50% of its family
  • three-year growth of research spending4.2%top 12% of its family
  • three-year growth of capital spending-6.6%bottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.9/10

Did its newest year beat what its own record pointed to?

bottom 49% of 12 in its family for expectations against reality.

weight 33% of this tense · 49th percentile among 12 sector filers · read for its shareholders

From the record

Chunghwa Telecom Co., Ltd's newest year against its own record: revenue of TWD 230 billion in fiscal 2024 came in 0.1% above the TWD 230 billion its prior three years' pace pointed to (bottom 38% of its family); net income of TWD 39 billion against a prior three-year average of TWD 38 billion (top 46%); a net margin of 16.7% against 17.4% before (top 46%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace0.1%bottom 38% of its family
  • net income against the prior three years' average+2%top 46% of its family
  • net margin against its prior average-0.6 pointstop 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton CHT · research, not advice