CHUNGHWA TELECOM Reports Fourth Quarter FY2022 Earnings Results on February 2 2023.

Earnings Overview

On February 2 2023, CHUNGHWA TELECOM ($TWSE:2412) reported their fourth quarter of FY2022 results, with total revenue of TWD 8.4 billion, a decrease of 0.6% compared to the same period in the previous year. Despite this, net income increased by 1.1%, reaching TWD 59.5 billion. The quarter ended on December 31 2022.

Market Price

This represented a 0.4% decrease from the last closing price of NT$112.5. The company reported an overall decrease in earnings and revenue compared to the year prior. Overall, the results for CHUNGHWA TELECOM’s fourth quarter FY2022 earnings are slightly lower than expected due to the current economic climate, however the company remains one of the leading telecom operators in Taiwan and continues to remain profitable despite the tough economic times. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Chunghwa Telecom. More…

Cash Flow Snapshot

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Balance Sheet Snapshot

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Key Ratios Snapshot

Some of the financial key ratios for Chunghwa Telecom are shown below. More…

Analysis

At GoodWhale, we conducted an analysis of CHUNGHWA TELECOM‘s wellbeing. Our assessment determined that the company is a low risk investment in terms of financial and business aspects, as it scored highly on our Risk Rating system. However, we did detect 1 risk warnings in the company’s income sheet. To access this information and to learn more about CHUNGHWA TELECOM’s risk profile, don’t hesitate to register with us. We’d be happy to provide you with further details. More…

Peers

The company operates in a highly competitive industry, competing with other major telecom companies such as PT Indosat Tbk, Telenor ASA, and America Movil SAB de CV. Despite the fierce competition, Chunghwa Telecom has managed to remain a dominant player in the market through its innovative products and services.

– PT Indosat Tbk ($IDX:ISAT)

PT Indosat Tbk is a leading telecommunications provider in Indonesia. The company provides mobile and fixed line services as well as internet access services for consumers and organizations. As of 2023, the company has a market cap of 47.77T, making it one of the largest companies in the country. Additionally, its Return on Equity (ROE) stands at 23.05%. This indicates that the company is able to generate significant returns from its equity investments and is able to deliver consistent returns to its shareholders. This makes Indosat an attractive investment option for investors looking for long-term growth potential.

– Telenor ASA ($BER:TEQ)

Telenor ASA is a Norwegian telecommunications company that provides mobile and fixed network services, broadband, TV, and content services. As of 2023, it has a market cap of 14.89B and a Return on Equity of 42.79%. This high market cap and ROE indicate that the company is doing well and is a strong contender in the telecommunications industry. The strong ROE shows that the company is making good use of its resources and is achieving good returns from its investments. Telenor ASA is well-positioned to continue its success in the years to come.

– America Movil SAB de CV ($OTCPK:AMXVF)

Mexico-based America Movil SAB de CV is one of the world’s largest telecommunications companies. It offers wireless and broadband services in Latin America, the Caribbean, and the United States. As of 2023, the company has a market capitalization of 62.3 billion dollars, making it one of the largest companies in the world. Additionally, the company has a return on equity (ROE) of 31.95%, which is far above the industry average. This indicates that America Movil has been successful in utilizing its shareholders’ money to generate profitable returns.

Summary

CHUNGHWA TELECOM reported their fourth quarter financials for FY2022 on February 2, 2023. Revenue decreased slightly by 0.6% compared to the same period last year, however they still managed to increase net income by 1.1%. This positive result may be a sign of strength in their business and should be considered when assessing potential investments.

Investors may want to examine the company’s financial metrics and performance drivers to determine if its stock is a good buy. It is important to also stay abreast of any new developments that could impact the company and its outlook going forward.