Chunghwa Net Interest Income vs Operating Income Analysis
CHT Stock | USD 37.74 0.26 0.68% |
Chunghwa Telecom financial indicator trend analysis is way more than just evaluating Chunghwa Telecom prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Chunghwa Telecom is a good investment. Please check the relationship between Chunghwa Telecom Net Interest Income and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
Net Interest Income vs Operating Income
Net Interest Income vs Operating Income Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Chunghwa Telecom Net Interest Income account and Operating Income. At this time, the significance of the direction appears to have almost no relationship.
The correlation between Chunghwa Telecom's Net Interest Income and Operating Income is 0.13. Overlapping area represents the amount of variation of Net Interest Income that can explain the historical movement of Operating Income in the same time period over historical financial statements of Chunghwa Telecom Co, assuming nothing else is changed. The correlation between historical values of Chunghwa Telecom's Net Interest Income and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Interest Income of Chunghwa Telecom Co are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Net Interest Income i.e., Chunghwa Telecom's Net Interest Income and Operating Income go up and down completely randomly.
Correlation Coefficient | 0.13 |
Relationship Direction | Positive |
Relationship Strength | Insignificant |
Net Interest Income
The difference between the revenue generated from a bank's interest-bearing assets and the expenses associated with paying its interest-bearing liabilities.Operating Income
Operating Income is the amount of profit realized from Chunghwa Telecom operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Chunghwa Telecom Co is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most indicators from Chunghwa Telecom's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Chunghwa Telecom current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. At this time, Chunghwa Telecom's Sales General And Administrative To Revenue is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 111.70 in 2024, whereas Selling General Administrative is likely to drop slightly above 5.1 B in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 74.3B | 375K | 79.2B | 69.8B | Total Revenue | 209.4B | 136.7B | 223.2B | 222.9B |
Chunghwa Telecom fundamental ratios Correlations
Click cells to compare fundamentals
Chunghwa Telecom Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Chunghwa Telecom fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 457.3B | 506.4B | 513.1B | 523.2B | 523.9B | 496.9B | |
Other Current Liab | 27.7B | 30.4B | 30.7B | 31.8B | 31.6B | 29.4B | |
Total Current Liabilities | 59.4B | 71.4B | 64.3B | 65.7B | 65.8B | 52.7B | |
Total Stockholder Equity | 376.1B | 377.9B | 379.3B | 381.2B | 382.3B | 389.0B | |
Other Liab | 18.6B | 19.5B | 21.9B | 24.3B | 28.0B | 29.4B | |
Property Plant And Equipment Net | 285.0B | 292.4B | 300.2B | 302.6B | 303.6B | 242.0B | |
Net Debt | (16.4B) | 7.8B | (864.7M) | (6.7B) | 9.8B | 10.3B | |
Retained Earnings | 126.6B | 128.2B | 130.9B | 132.5B | 55.9B | 108.1B | |
Accounts Payable | 12.1B | 15.6B | 18.1B | 16.4B | 14.4B | 15.9B | |
Cash | 25.1B | 30.4B | 39.8B | 50.2B | 33.8B | 32.9B | |
Non Current Assets Total | 387.4B | 424.6B | 422.0B | 421.3B | 421.5B | 400.6B | |
Non Currrent Assets Other | 24.1B | 23.0B | 22.3B | 24.6B | 14.7B | 15.4B | |
Other Assets | 25.9B | 27.1B | 26.1B | 13.9B | 16.0B | 12.2B | |
Cash And Short Term Investments | 27.9B | 36.6B | 44.8B | 53.8B | 52.4B | 39.0B | |
Common Stock Shares Outstanding | 7.8B | 7.8B | 7.8B | 7.8B | 7.8B | 8.2B | |
Liabilities And Stockholders Equity | 457.3B | 506.4B | 513.1B | 523.2B | 523.9B | 496.9B | |
Inventory | 14.8B | 14.6B | 14.2B | 14.7B | 11.5B | 8.7B | |
Other Current Assets | 16.6M | 193.0M | 142.6M | 175.6M | 6.9B | 7.2B | |
Other Stockholder Equity | 171.3B | 171.3B | 171.3B | 171.3B | 147.4B | 177.9B | |
Total Liab | 81.2B | 117.1B | 121.8B | 129.4B | 129.0B | 102.6B | |
Property Plant And Equipment Gross | 295.1B | 282.7B | 945.9B | 957.6B | 961.2B | 1.0T | |
Total Current Assets | 70.0B | 81.8B | 91.0B | 101.9B | 102.4B | 92.9B | |
Property Plant Equipment | 295.1B | 292.4B | 300.2B | 312.4B | 359.3B | 377.3B | |
Short Long Term Debt Total | 8.7B | 38.2B | 38.9B | 43.5B | 43.6B | 45.8B | |
Current Deferred Revenue | 16.7B | 13.4B | 12.2B | 13.4B | 14.1B | 9.4B | |
Net Receivables | 25.7B | 28.2B | 29.5B | 30.8B | 31.6B | 24.5B | |
Non Current Liabilities Total | 21.8B | 45.7B | 57.5B | 63.7B | 63.3B | 66.4B | |
Accumulated Other Comprehensive Income | 688.5M | 927.1M | (408M) | (223M) | 101.5B | 106.5B | |
Short Term Debt | 2.9B | 12.0B | 3.3B | 4.1B | 5.7B | 5.4B | |
Intangible Assets | 46.5B | 90.0B | 83.7B | 79.0B | 72.5B | 42.1B | |
Short Term Investments | 2.9B | 6.1B | 5.1B | 3.6B | 18.6B | 19.5B | |
Long Term Investments | 16.1B | 28.9B | 12.9B | 25.5B | 14.7B | 15.5B | |
Short Long Term Debt | 90M | 1.7B | 65M | 722M | 2.2B | 2.3B | |
Net Tangible Assets | 329.1B | 287.6B | 295.4B | 302.0B | 347.3B | 302.5B | |
Deferred Long Term Liab | 942.7M | 999.6M | 987.7M | 979.9M | 1.1B | 654.7M | |
Long Term Debt Total | 8.1B | 26.2B | 35.6B | 39.4B | 45.3B | 47.6B |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Chunghwa Telecom in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Chunghwa Telecom's short interest history, or implied volatility extrapolated from Chunghwa Telecom options trading.
Pair Trading with Chunghwa Telecom
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Chunghwa Telecom position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Chunghwa Telecom will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Chunghwa Telecom could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Chunghwa Telecom when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Chunghwa Telecom - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Chunghwa Telecom Co to buy it.
The correlation of Chunghwa Telecom is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Chunghwa Telecom moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Chunghwa Telecom moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Chunghwa Telecom can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Chunghwa Telecom Co. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate. Note that the Chunghwa Telecom information on this page should be used as a complementary analysis to other Chunghwa Telecom's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
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Is Chunghwa Telecom's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Chunghwa Telecom. If investors know Chunghwa will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Chunghwa Telecom listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0) | Dividend Share 4.758 | Earnings Share 1.46 | Revenue Per Share 71.935 | Quarterly Revenue Growth 0.04 |
The market value of Chunghwa Telecom is measured differently than its book value, which is the value of Chunghwa that is recorded on the company's balance sheet. Investors also form their own opinion of Chunghwa Telecom's value that differs from its market value or its book value, called intrinsic value, which is Chunghwa Telecom's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Chunghwa Telecom's market value can be influenced by many factors that don't directly affect Chunghwa Telecom's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Chunghwa Telecom's value and its price as these two are different measures arrived at by different means. Investors typically determine if Chunghwa Telecom is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Chunghwa Telecom's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.