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Chunghwa Telecom vs IHS: revenue, profit, margins and growth compared

Chunghwa Telecom brought in $7B of revenue in fiscal 2024, IHS $1.6B in fiscal 2025. Revenue changed by -3.8% at Chunghwa Telecom and +3.6% at IHS on the year before, so IHS grew faster. Chunghwa Telecom kept 16.2% of its revenue as net profit, IHS 9.1%. Free cash flow was $1.5B at Chunghwa Telecom and $718.7M at IHS.

Side by side, latest fiscal year

CHTIHS
Fiscal year endedFY2024 (December 31, 2024)FY2025 (December 31, 2025)
Revenue$7B$1.6B
Revenue growth-3.8%+3.6%
Net income$1.1B$143.6M
Net margin16.2%9.1%
Free cash flow$1.5B$718.7M
Free cash flow margin22.0%45.4%
Earnings per share (diluted)$0.15$0.42
Cash$1.1B$825.7M
Debtn/a$3.1B
Price to earningsn/an/a
Market value$35.8B$2.8B
Dividend yieldn/an/a
Rank by revenue in sector#11 of 51 · Telecommunications#18 of 51 · Telecommunications

Over the years

Revenue
CHT FY2017: $7.7BCHT FY2018: $7BCHT FY2019: $6.9BCHT FY2020: $7.4BCHT FY2021: $7.6BCHT FY2022: $7.1BCHT FY2023: $7.3BCHT FY2024: $7BIHS FY2019: $1.2BIHS FY2021: $1.4BIHS FY2021: $1.6BIHS FY2022: $2BIHS FY2023: $1.9BIHS FY2024: $1.5BIHS FY2025: $1.6BFY17FY18FY19FY20FY21FY22FY23FY24FY25
CHT $7BIHS $1.6B
Net income
CHT FY2017: $1.3BCHT FY2018: $1.2BCHT FY2019: $1.1BCHT FY2020: $1.2BCHT FY2021: $1.3BCHT FY2022: $1.2BCHT FY2023: $1.2BCHT FY2024: $1.1BIHS FY2019: -$423.5MIHS FY2021: -$322MIHS FY2021: -$25.8MIHS FY2022: -$459MIHS FY2023: -$2BIHS FY2024: -$1.6BIHS FY2025: $143.6MFY17FY18FY19FY20FY21FY22FY23FY24FY25
CHT $1.1BIHS $143.6M
Net margin
CHT FY2017: 17.1%CHT FY2018: 17.4%CHT FY2019: 15.9%CHT FY2020: 16.1%CHT FY2021: 16.9%CHT FY2022: 16.8%CHT FY2023: 16.6%CHT FY2024: 16.2%IHS FY2019: -34.4%IHS FY2021: -22.9%IHS FY2021: -1.6%IHS FY2022: -23.4%IHS FY2023: -102.7%IHS FY2024: -106.9%IHS FY2025: 9.1%FY17FY18FY19FY20FY21FY22FY23FY24FY25
CHT 16.2%IHS 9.1%
Revenue growth
CHT FY2018: -8.3%CHT FY2019: -1.4%CHT FY2020: +6.6%CHT FY2021: +2.6%CHT FY2022: -7.1%CHT FY2023: +3.3%CHT FY2024: -3.8%IHS FY2021: +14.0%IHS FY2021: +12.6%IHS FY2022: +24.2%IHS FY2023: -1.8%IHS FY2024: -20.7%IHS FY2025: +3.6%FY18FY19FY20FY21FY22FY23FY24FY25
CHT -3.8%IHS +3.6%
Free cash flow
CHT FY2017: $1.5BCHT FY2018: $1.2BCHT FY2019: $1.6BCHT FY2020: $1.8BCHT FY2021: $1.4BCHT FY2022: $1.4BCHT FY2023: $1.4BCHT FY2024: $1.5BIHS FY2021: $540.5MIHS FY2021: $512MIHS FY2022: $528.8MIHS FY2023: $388.6MIHS FY2024: $494.2MIHS FY2025: $718.7MFY17FY18FY19FY20FY21FY22FY23FY24FY25
CHT $1.5BIHS $718.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Chunghwa Telecom and IHS

Which is bigger by revenue, Chunghwa Telecom or IHS?

Chunghwa Telecom is bigger by revenue: $7B in fiscal 2024, against $1.6B for IHS in fiscal 2025.

Which keeps more of its revenue as profit, Chunghwa Telecom or IHS?

Chunghwa Telecom had a net margin of 16.2% in fiscal 2024; IHS had 9.1% in fiscal 2025.

Which grew revenue faster, Chunghwa Telecom or IHS?

In their latest fiscal years revenue changed by -3.8% at Chunghwa Telecom and +3.6% at IHS.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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