Chunghwa Telecom Co., Ltd · TWSE:2412

Chunghwa Telecom — Q3 2020 Earnings Presentation

16 slides from Chunghwa Telecom's earnings presentation, Oct 30, 2020

  1. Slide 1: 3Q 2020 Operating Results

    3Q 2020 Operating Results Oct 30, 2020 1 © Chunghwa Telecom

  2. Slide 2: Disclaimer

    Disclaimer STATEMENT REGARDING UNAUDITED FINANCIAL INFORMATION The unaudited financial information under T-IFRSs in this presentation is preliminary and subject to adjustments and modifications. Adjustments and modifications to the financial statements may be identified during the course of the audi

  3. Slide 3: Business Overview

    Business Overview 3 © Chunghwa Telecom

  4. Slide 4: Accelerate 5G deployment and develop innovative application

    + Mobile Accelerate 5G deployment and develop innovative application Always Broadband Connected Fixed Home Wi-Fi Broadband (Mesh) 300Mbps ↑ Customers Home Wi-Fi Devices YoY 79.5% YoY 140% 4 © Chunghwa Telecom

  5. Slide 5: #1 Mobile Services Provider

    #1 Mobile Services Provider #1 Mobile Revenue (a)(b) #1 Mobile Subscribers (c) Other, CHT 14.9% CHT, 38.4% FET, 37.2% Other 24.1% TWM, Source: Company data, MOTC and NCC statistics Note : 23.8% a) Market share as of August 2020 b) Revenues are based on T-IFRSs c) 040 subscribers included Lowest Decl

  6. Slide 6: Fixed Broadband Service

    Fixed Broadband Service Broadband Revenue Fixed Broadband Subs ARPU( NT$) Fiber ≥ 300M 703 713 715 722 725 8,000 700 YoY 79.5% 7,000 600 4,434 4,405 4,388 4,375 4,365 6,000 5,225 5,286 5,305 5,356 5,370 500 5,000 35% 36% 37% 38% 39% 400 4,000 4,461 4,515 4,499 4,530 4,528 300 3,000 47% 46% 45% 45% 4

  7. Slide 7: MOD/ IPTV Service

    MOD/ IPTV Service (Thousand) 1,200 2,100 1,600 1,100 2,090 2,082 2,086 2,085 2,080 2,050 1,347 1,327 1,328 1,264 1,303 2,000 1,400 1,000 1,200 902 921 912 915 906 1,950 900 1,900 1,000 1,850 800 800 1,800 600 700 1,750 1,700 400 600 1,650 200 500 1,600 0 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q3 19 Q4 19 Q1

  8. Slide 8: ICT Business

    ICT Business YoY YoY 8.8% 84.9% YoY 19.2% Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 YoY 7.7% 8 © Chunghwa Telecom

  9. Slide 9: Financials Overview

    Financials Overview 9 © Chunghwa Telecom

  10. Slide 10: Financials: Income Statement Highlights

    Financials: Income Statement Highlights Consolidated Growth Growth (NT$bn) Q3 2020 Q3 2019 % 9M 2020 9M 2019 % Revenues 52.17 50.85 2.6 148.13 152.29 (2.7) Operating Costs and 41.73 40.82 2.2 116.54 121.54 (4.1) Expenses Income from 10.72 10.01 7.1 31.86 30.72 3.7 Operations Net Income2 8.35 8.09 3.

  11. Slide 11: Financials: Business Segment Revenues

    Financials: Business Segment Revenues Growth Growth (NT$bn) Q3 2020 Q3 2019 9M 2020 9M 2019 % % Domestic Fixed 18.85 15.59 20.9 49.23 47.23 4.3 Local 6.16 6.41 (3.9) 18.42 19.29 (4.5) DLD 0.51 0.55 (7.6) 1.53 1.66 (7.8) Broadband Access 4.53 4.46 1.5 13.56 13.47 0.7 MOD 0.91 0.90 0.4 2.73 2.68 1.9 M

  12. Slide 12: Financials: Costs & Expenses

    Financials: Costs & Expenses Consolidated Growth Growth (NT$bn) Q3 2020 Q3 2019 % 9M 2020 9M 2019 % Operating Costs 34.50 33.02 4.5 94.70 98.77 (4.1) Operating Expenses 7.23 7.80 (7.3) 21.84 22.77 (4.1) Marketing 5.10 5.59 (8.8) 15.45 16.38 (5.7) General and Administrative 1.15 1.12 2.4 3.51 3.43 2.

  13. Slide 13: Financials: Cash Flow

    Financials: Cash Flow Consolidated Growth Growth (NT$bn) Q3 2020 Q3 2019 % 9M 2020 9M 2019 % Net Cash Flow from 20.44 19.67 3.9 46.91 48.85 (4.0) Operating Activities CapEx 4.73 6.04 (21.7) 14.03 16.36 (14.2) Free Cash Flow 15.71 13.63 15.3 32.88 32.49 1.2 Cash and Cash Equivalents at the end of per

  14. Slide 14: Operating Results vs. Forecast

    Operating Results vs. Forecast Consolidated Q3 2020 Q3 2020 Achieving 9M 2020 2020 Achieving (NT$bn) (A) （E） % (A) (E) % Revenues 52.17 53.91 ~ 54.22 96.2 ~ 96.8 148.13 214.10 ~ 215.29 68.8 ~ 69.2 Operating Costs and 41.73 44.59 ~ 44.69 93.4 ~ 93.6 116.54 175.51 ~ 175.83 66.3 ~ 66.4 Expenses Income

  15. Slide 15: Effective and Efficient Capital Expenditure

    Effective and Efficient Capital Expenditure Capital Expenditure Budgeted capex for 2020: NT$30.7 bn NT$ bn Continue to focus on core businesses for future investments 50 20% – FTTx 45 11.9% 13.2% 11.7% 14.3% 10.7% – 4G 40 9.5% 10% – 5G 35 30.7 – IDC/ Cloud Capex as % of Revenue 28.6 1.9 0% 30 26.9 1

  16. Slide 16: Q&A

    me DHeE CChunghwaTelecom Q&A Chunghwa Telecom

Chunghwa Telecom — Q3 2020 Earnings Presentation on 6ix