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Chunghwa Telecom Co (Chunghwa Telecom Co) Gross Profit : $2,614 Mil (TTM As of Dec. 2023)


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What is Chunghwa Telecom Co Gross Profit?

Chunghwa Telecom Co's gross profit for the three months ended in Dec. 2023 was $700 Mil. Chunghwa Telecom Co's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2,614 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Chunghwa Telecom Co's gross profit for the three months ended in Dec. 2023 was $700 Mil. Chunghwa Telecom Co's Revenue for the three months ended in Dec. 2023 was $1,964 Mil. Therefore, Chunghwa Telecom Co's Gross Margin % for the quarter that ended in Dec. 2023 was 35.62%.

Chunghwa Telecom Co had a gross margin of 35.62% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Chunghwa Telecom Co was 37.10%. The lowest was 34.03%. And the median was 35.65%.


Chunghwa Telecom Co Gross Profit Historical Data

The historical data trend for Chunghwa Telecom Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Chunghwa Telecom Co Gross Profit Chart

Chunghwa Telecom Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,365.15 2,502.58 2,716.11 2,610.63 2,605.70

Chunghwa Telecom Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 676.52 649.02 653.24 611.78 699.63

Competitive Comparison of Chunghwa Telecom Co's Gross Profit

For the Telecom Services subindustry, Chunghwa Telecom Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chunghwa Telecom Co's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chunghwa Telecom Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Chunghwa Telecom Co's Gross Profit falls into.



Chunghwa Telecom Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Chunghwa Telecom Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=7087.5 - 4481.801
=2,606

Chunghwa Telecom Co's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=1964.047 - 1264.413
=700

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,614 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Chunghwa Telecom Co's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=700 / 1964.047
=35.62 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Chunghwa Telecom Co  (NYSE:CHT) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Chunghwa Telecom Co had a gross margin of 35.62% for the quarter that ended in Dec. 2023 => Competition eroding margins


Chunghwa Telecom Co Gross Profit Related Terms

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Chunghwa Telecom Co (Chunghwa Telecom Co) Business Description

Traded in Other Exchanges
Address
Number 21-3 Hsinyi Road, Section 1, Taipei, TWN, 100
Chunghwa Telecom Co Ltd is Taiwan's largest integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company enjoys a dominant position in all three segments. It has a market share of 35% in mobile, 85% in broadband, and greater than 95% in the fixed-line segment as measured by the number of local fixed-line subscribers. Chunghwa Telecom was privatized in 2005, with the government retaining 36.3% of the firm's ordinary shares.