Chunghwa Telecom Co. Ltd (CHWD) - Net Assets
Based on the latest financial reports, Chunghwa Telecom Co. Ltd (CHWD) has net assets worth €400.79 Billion EUR (≈ $468.57 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€535.87 Billion ≈ $626.49 Billion USD) and total liabilities (€135.08 Billion ≈ $157.92 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Chunghwa Telecom Co. Ltd (CHWD) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €400.79 Billion |
| % of Total Assets | 74.79% |
| Annual Growth Rate | 0.99% |
| 5-Year Change | 2.44% |
| 10-Year Change | N/A |
| Growth Volatility | 1.7 |
Chunghwa Telecom Co. Ltd - Net Assets Trend (2016–2025)
This chart illustrates how Chunghwa Telecom Co. Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Chunghwa Telecom Co. Ltd (CHWD) total assets for the complete picture of this company's asset base.
Annual Net Assets for Chunghwa Telecom Co. Ltd (2016–2025)
The table below shows the annual net assets of Chunghwa Telecom Co. Ltd from 2016 to 2025. For live valuation and market cap data, see how much is Chunghwa Telecom Co. Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €400.79 Billion ≈ $468.57 Billion |
+1.26% |
| 2024-12-31 | €395.81 Billion ≈ $462.74 Billion |
+0.79% |
| 2023-12-31 | €392.72 Billion ≈ $459.13 Billion |
-0.27% |
| 2022-12-31 | €393.78 Billion ≈ $460.37 Billion |
+0.64% |
| 2021-12-31 | €391.26 Billion ≈ $457.43 Billion |
+3.53% |
| 2020-12-31 | €377.93 Billion ≈ $441.84 Billion |
-1.65% |
| 2019-12-31 | €384.27 Billion ≈ $449.25 Billion |
-0.07% |
| 2018-12-31 | €384.53 Billion ≈ $449.55 Billion |
+4.09% |
| 2017-12-31 | €369.41 Billion ≈ $431.88 Billion |
+0.68% |
| 2016-12-31 | €366.93 Billion ≈ $428.98 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Chunghwa Telecom Co. Ltd's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €135.21 Billion | 35.01% |
| Other Components | €251.05 Billion | 64.99% |
| Total Equity | €386.26 Billion | 100.00% |
Chunghwa Telecom Co. Ltd Competitors by Market Cap
The table below lists competitors of Chunghwa Telecom Co. Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DENSO CORP. ADR 4
F:DNOA
|
$28.19 Billion |
|
Veeva Systems Inc Class A
NYSE:VEEV
|
$28.21 Billion |
|
Steel Dynamics Inc
NASDAQ:STLD
|
$28.22 Billion |
|
Trip.com Group Limited
F:CLV
|
$28.24 Billion |
|
FIRSTRAND ADR/ 10 RC -01
F:FSR
|
$28.13 Billion |
|
Caseys General Stores Inc
NASDAQ:CASY
|
$28.11 Billion |
|
Xylem Inc
NYSE:XYL
|
$28.09 Billion |
|
China Northern Rare Earth Group High-Tech Co Ltd
SHG:600111
|
$28.06 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Chunghwa Telecom Co. Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 382,826,000,000 to 386,257,711,000, a change of 3,431,711,000 (0.9%).
- Net income of 38,712,404,000 contributed positively to equity growth.
- Dividend payments of 38,787,232,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €38.71 Billion | +10.02% |
| Dividends Paid | €38.79 Billion | -10.04% |
| Other Changes | €3.51 Billion | +0.91% |
| Total Change | €- | 0.90% |
Book Value vs Market Value Analysis
This analysis compares Chunghwa Telecom Co. Ltd's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.74x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €46.53 | €36.60 | x |
| 2018-12-31 | €48.30 | €36.60 | x |
| 2019-12-31 | €48.23 | €36.60 | x |
| 2020-12-31 | €48.72 | €36.60 | x |
| 2021-12-31 | €48.90 | €36.60 | x |
| 2022-12-31 | €49.14 | €36.60 | x |
| 2023-12-31 | €49.02 | €36.60 | x |
| 2024-12-31 | €49.35 | €36.60 | x |
| 2025-12-31 | €49.79 | €36.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Chunghwa Telecom Co. Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.02%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.49%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.39x
- Recent ROE (10.02%) is above the historical average (9.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.23% | 17.60% | 0.51x | 1.24x | €4.42 Billion |
| 2017 | 10.80% | 17.14% | 0.50x | 1.25x | €2.89 Billion |
| 2018 | 10.02% | 17.43% | 0.46x | 1.25x | €89.80 Million |
| 2019 | 8.81% | 15.88% | 0.43x | 1.28x | €-4.47 Billion |
| 2020 | 8.84% | 18.70% | 0.37x | 1.28x | €-4.39 Billion |
| 2021 | 9.43% | 17.07% | 0.41x | 1.35x | €-2.18 Billion |
| 2022 | 9.57% | 16.91% | 0.41x | 1.37x | €-1.64 Billion |
| 2023 | 9.72% | 16.69% | 0.42x | 1.38x | €-1.07 Billion |
| 2024 | 9.72% | 16.28% | 0.43x | 1.40x | €-1.06 Billion |
| 2025 | 10.02% | 16.49% | 0.44x | 1.39x | €86.63 Million |
Industry Comparison
This section compares Chunghwa Telecom Co. Ltd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $41,929,331,538
- Average return on equity (ROE) among peers: 16.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Chunghwa Telecom Co. Ltd (CHWD) | €400.79 Billion | 11.23% | 0.34x | $28.17 Billion |
| LIBERTY LAT.AMER.A DL-01 (1LL) | $1.63 Billion | -42.40% | 6.87x | $300.16 Million |
| 1&1 AG (1U1) | $353.02 Million | 13.06% | 0.95x | $4.35 Billion |
| CHINA TOWER UNSP.ADR/100 (2Y10) | $193.59 Billion | 4.54% | 0.58x | $5.02 Billion |
| TELSTRA GROUP LTD SP.ADR (5KB) | $16.84 Billion | 10.03% | 1.47x | $37.53 Billion |
| VODACOM GROUP LTD. SP.ADR (5VD0) | $103.65 Billion | 16.01% | 1.41x | $15.26 Billion |
| EuroTeleSites AG (7YF) | $234.07 Million | 0.00% | 7.39x | $735.93 Million |
| AIRTEL AFRICA UNSP.ADR/10 (9AA0) | $2.77 Billion | 7.93% | 3.33x | $16.88 Billion |
| TRANSTEMA GROUP AB O.N. (9G8) | $558.70 Million | 23.64% | 2.07x | $12.20 Million |
| Advanced Info Service Public Company Limited (AISF) | $81.82 Billion | 32.90% | 3.35x | $97.12K |
| Verizon Communications Inc. (BAC) | $17.84 Billion | 100.21% | 12.69x | $174.74 Billion |
About Chunghwa Telecom Co. Ltd
Chunghwa Telecom Co., Ltd., together with its subsidiaries, operates as an integrated telecommunications service provider in Taiwan and internationally. The company operates through Consumer Business, Enterprise Business, International Business, and Others segments. Its services primarily include mobile, fixed-line, information and communication technology (ICT), and sales and other services. The… Read more