CHT Stock | | | USD 37.61 0.36 0.95% |
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 Gross Profit and its Cost Of Revenue accounts. Check out
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signals in rate.
Gross Profit vs Cost Of Revenue
Gross Profit vs Cost Of Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of
Chunghwa Telecom Gross Profit account and
Cost Of Revenue. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Chunghwa Telecom's Gross Profit and Cost Of Revenue is -0.28. Overlapping area represents the amount of variation of Gross Profit that can explain the historical movement of Cost Of Revenue 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 Gross Profit and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Gross Profit of Chunghwa Telecom Co are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Gross Profit i.e., Chunghwa Telecom's Gross Profit and Cost Of Revenue go up and down completely randomly.
Correlation Coefficient | -0.28 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Gross Profit
Gross profit is a required income statement account that reflects total revenue of Chunghwa Telecom Co minus its cost of goods sold. It is profit before Chunghwa Telecom operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Cost Of Revenue
Cost of Revenue is found on Chunghwa Telecom income statement and represents the costs associated with goods and services Chunghwa Telecom provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 closely tied with the direction of predictive economic indicators such as
signals in rate.
Selling General Administrative is likely to drop to about 5.1
B in 2024.
Tax Provision is likely to drop to about 9.2
B in 2024
| 2021 | 2022 | 2023 | 2024 (projected) |
Gross Profit | 74.3B | 375K | 81.4B | 69.9B | 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
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Additional Tools for Chunghwa Stock Analysis
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measure Chunghwa Telecom's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Chunghwa Telecom is operating at the current time. Most of Chunghwa Telecom's value examination focuses on studying past and present price action to
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