Chunghwa Telecom Co., Ltd. (CHT) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 11.39B | 32.05B | 16.17B | 16.33B | 12.95B | 29.49B | 20.53B | 15.1B | 14.13B | 24.67B | 21.42B | 17.26B | 11.21B | 28.75B | 19.79B | 15.59B | 11.82B | 26.88B | 20.28B | 17.82B |
| Operating CF Margin % | 19.09% | 49.06% | 28.08% | 28.96% | 23.37% | 45.55% | 37.09% | 28.06% | 25.84% | 40.19% | 40.09% | 32.43% | 20.97% | 48.55% | 37.32% | 29.82% | 23.09% | 44.88% | 39.88% | 35.95% |
| Operating CF Growth % | -12.07% | 8.68% | -21.2% | 8.14% | -8.33% | 19.53% | -4.19% | -12.5% | 26.08% | -14.19% | 8.24% | 10.71% | -5.17% | 6.96% | -2.42% | -12.51% | 19.66% | -2.42% | -0.76% | 35.5% |
| Net Income | 10.21B | 9.29B | 12.26B | 13.13B | 12.7B | 12.02B | 11.49B | 12.35B | 11.99B | 10.45B | 11.64B | 12.66B | 12.26B | 10.82B | 12.21B | 12.5B | 11.67B | 11.18B | 12.1B | 11.46B |
| Depreciation & Amortization | 10.54B | 0 | 10.01B | 10.03B | 10.01B | 9.94B | 9.88B | 9.89B | 9.91B | 9.93B | 9.91B | 9.93B | 9.88B | 9.88B | 9.92B | 9.94B | 9.69B | 9.73B | 9.63B | 9.55B |
| Stock-Based Compensation | 0 | 0 | 1.4M | 1.1M | 1.23M | 1.22M | 2.15M | 2.26M | 2.37M | 664K | 2.52M | 2.35M | 2.47M | 3.64M | 4.34M | 4.02M | 4M | 4.67M | 5.09M | 5.18M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -460.76M | -4.88B | 0 | 0 | 0 | 0 | 91.21M | 0 | 0 | 0 |
| Other Non-Cash Items | 3.23B | 12.33B | -4.59B | -4.77B | 82.64M | -306.45M | -4.46B | -4.5B | 183.55M | -3.5B | 144.52M | 97.1M | 151.76M | 88.82M | -4.06B | -4.3B | 331.59M | 534.83M | -4.36B | -3.86B |
| Working Capital Changes | -12.6B | 10.43B | -1.51B | -2.06B | -9.84B | 7.84B | 3.62B | -2.63B | -7.95B | 7.79B | 187.27M | -552.95M | -11.09B | 7.95B | 1.73B | -2.56B | -9.97B | 5.43B | 2.91B | 653.06M |
| Change in Receivables | -2.19B | -1.66B | -3.17B | -703.55M | 3.32B | -4.08B | 459.78M | -1.71B | 1.64B | -1.58B | -1.63B | -1.7B | 3.34B | -2.88B | 34.57M | -1.23B | 2.79B | -2.89B | 481.82M | -588.42M |
| Change in Inventory | -1.76B | 61.71M | -1.3B | -7.04M | 126.1M | -276.19M | -763.1M | 31.54M | 381.75M | 828.68M | -1.56B | 1.27B | -712.96M | 1.06B | -1.27B | 1.42B | -1.23B | 1.63B | -1.61B | 828.43M |
| Change in Payables | -2.1B | 2.21B | 0 | 0 | -7.04B | 5.36B | 0 | 0 | -4.59B | 1.22B | 2.66B | 545.97M | -6.46B | 3.27B | 2.16B | -826.38M | -6.24B | 4.36B | 750.93M | 3.25B |
| Cash from Investing | -14.82B | -17.55B | 17.43B | -8.93B | -19.14B | -24.2B | 11.42B | -9.56B | -12.99B | -22.58B | -1.19B | -5.31B | -21.09B | -10.78B | -5.42B | -7.51B | -7.08B | -12.28B | 5.31B | -16.95B |
| Capital Expenditures | -14.82B | -17.55B | 17.43B | -6.93B | -19.14B | -24.2B | 11.42B | -9.56B | -12.99B | -22.58B | -7.15B | -6.38B | -21.09B | -11.32B | -10.17B | -6.61B | -5.25B | -12.3B | -8.04B | -16.95B |
| CapEx % of Revenue | 24.83% | 26.87% | 30.25% | 12.29% | 34.54% | 37.39% | 20.63% | 17.76% | 23.76% | 36.78% | 13.38% | 11.98% | 39.47% | 19.11% | 19.17% | 12.65% | 10.25% | 20.54% | 15.8% | 34.19% |
| Acquisitions | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 350.2M | -17.55B | 778.51M | 522.68M | 88.13M | -543.59M | 282.43M | 395.81M | 81.06M | 6.64M | -635.38M | -874.6M | 267.81M | 311.53M | 2.28B | -1.64B | -34.36M | 177.31M | 243.83M | 83.82M |
| Cash from Financing | 1.66B | -983M | -45.15B | -1.27B | -1.06B | -243.26M | -38.46B | -1.16B | -1.65B | -246.54M | -37.99B | -906.96M | -1.58B | -646.62M | -35.8B | -318.5M | 1.97B | 1.61B | -34.16B | 1.21B |
| Debt Issued (Net) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Equity Issued (Net) | 0 | 40.88K | -4.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 318.1M | -38.46B | 0 | 0 | -69K | -36.91B | 0 | 0 | -486K | -36.48B | 0 | 0 | 314K | -35.75B | -117K | 0 | -435K | -33.4B | 0 |
| Share Repurchases | 0 | 5.08M | -4.94M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | -1.13B | -920.48M | -581.12M | -306.87M | -234.92M | 956.88M | -632.08M | -175.59M | -476.21M | 935.32M | -831.25M | -226.2M | -110.87M | 7.1M | 854.19M | 179.42M | -474.71M | 2.51B | 175.16M | 94.36M |
| Net Change in Cash | -2.36B | 13.56B | -11.51B | 5.99B | -7.21B | 5.05B | -6.5B | 4.38B | -493.41M | 1.82B | -17.75B | 11.04B | -11.48B | 17.29B | -21.36B | 7.76B | 6.72B | 16.2B | -8.56B | 2.1B |
| Free Cash Flow | -3.43B | 14.49B | 33.6B | 9.38B | -6.19B | 5.28B | 31.95B | 5.54B | 1.14B | 2.09B | 14.27B | 10.88B | -9.89B | 17.35B | 9.62B | 8.98B | 6.57B | 14.45B | 12.19B | 873.34M |
| FCF Margin % | -5.75% | 22.19% | 58.33% | 16.63% | -11.17% | 8.16% | 57.72% | 10.3% | 2.09% | 3.41% | 26.71% | 20.44% | -18.5% | 29.3% | 18.14% | 17.17% | 12.84% | 24.13% | 23.96% | 1.76% |
| FCF Growth % | 44.63% | 174.38% | 5.18% | 69.22% | -642.69% | 152.48% | 123.82% | -49.06% | 111.54% | -87.94% | 48.31% | 21.23% | -250.48% | 20.08% | -21.05% | 927.77% | 150.93% | -19.5% | -22.02% | -88.49% |
| FCF per Share | -4.27 | 18.72 | 43.42 | 12.08 | -7.97 | 6.81 | 41.16 | 7.14 | 1.47 | 2.69 | 18.39 | 14.02 | -12.73 | 22.35 | 12.40 | 11.57 | 8.46 | 18.63 | 15.71 | 1.13 |
| FCF Conversion (FCF/Net Income) | 1.13x | 3.45x | 1.71x | 1.61x | 1.32x | 3.29x | 2.28x | 1.54x | 1.50x | 2.97x | 2.36x | 1.74x | 1.16x | 3.47x | 2.11x | 1.61x | 1.30x | 3.11x | 2.17x | 1.99x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |