Starbucks Corp.、合併損益表結構(季度數據)
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截至 3 個月 |
2025年6月29日 |
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2025年3月30日 |
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2024年12月29日 |
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2024年9月29日 |
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2024年6月30日 |
|
2024年3月31日 |
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2023年12月31日 |
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2023年10月1日 |
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2023年7月2日 |
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2023年4月2日 |
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2023年1月1日 |
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2022年10月2日 |
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2022年7月3日 |
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2022年4月3日 |
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2022年1月2日 |
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2021年10月3日 |
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2021年6月27日 |
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2021年3月28日 |
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2020年12月27日 |
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2020年9月27日 |
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2020年6月28日 |
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2020年3月29日 |
|
2019年12月29日 |
|
2019年9月29日 |
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2019年6月30日 |
|
2019年3月31日 |
|
2018年12月30日 |
|
|
公司經營的商店 |
82.62% | |
83.15% | |
82.84% | |
82.02% | |
82.47% | |
82.36% | |
82.28% | |
81.93% | |
82.42% | |
81.91% | |
81.29% | |
82.02% | |
81.91% | |
82.20% | |
83.50% | |
84.26% | |
84.88% | |
84.78% | |
84.84% | |
83.40% | |
81.58% | |
79.49% | |
81.45% | |
81.22% | |
81.12% | |
81.81% | |
80.97% | |
|
特許商店 |
11.69% | |
11.60% | |
12.08% | |
12.45% | |
12.39% | |
12.31% | |
12.65% | |
12.67% | |
12.39% | |
12.27% | |
12.85% | |
11.87% | |
11.74% | |
11.13% | |
10.57% | |
9.75% | |
9.07% | |
8.92% | |
9.09% | |
8.78% | |
7.12% | |
11.50% | |
11.16% | |
10.89% | |
10.63% | |
10.76% | |
11.11% | |
|
其他 |
5.69% | |
5.26% | |
5.07% | |
5.54% | |
5.14% | |
5.32% | |
5.07% | |
5.40% | |
5.19% | |
5.83% | |
5.86% | |
6.11% | |
6.35% | |
6.67% | |
5.93% | |
5.99% | |
6.05% | |
6.30% | |
6.06% | |
7.82% | |
11.30% | |
9.00% | |
7.39% | |
7.89% | |
8.25% | |
7.43% | |
7.92% | |
|
淨收入 |
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
|
產品和分銷成本 |
-31.26% | |
-31.25% | |
-30.79% | |
-30.97% | |
-30.07% | |
-30.93% | |
-31.62% | |
-31.29% | |
-31.24% | |
-32.13% | |
-32.25% | |
-32.22% | |
-32.07% | |
-32.29% | |
-31.39% | |
-30.58% | |
-29.43% | |
-29.88% | |
-30.36% | |
-31.87% | |
-35.15% | |
-33.32% | |
-31.51% | |
-5.27% | |
-41.16% | |
-41.29% | |
-41.59% | |
|
門店運營費用 |
-45.95% | |
-47.66% | |
-44.72% | |
-42.78% | |
-42.01% | |
-43.49% | |
-40.86% | |
-39.70% | |
-40.33% | |
-41.70% | |
-42.06% | |
-42.13% | |
-40.52% | |
-43.41% | |
-42.23% | |
-40.18% | |
-39.58% | |
-42.34% | |
-42.48% | |
-43.26% | |
-60.11% | |
-45.39% | |
-39.76% | |
-67.18% | |
-29.58% | |
-30.92% | |
-30.05% | |
|
收入成本 |
-77.20% |
|
-78.91% |
|
-75.51% |
|
-73.75% |
|
-72.09% |
|
-74.42% |
|
-72.49% |
|
-70.99% |
|
-71.57% |
|
-73.83% |
|
-74.31% |
|
-74.35% |
|
-72.59% |
|
-75.70% |
|
-73.62% |
|
-70.76% |
|
-69.00% |
|
-72.22% |
|
-72.84% |
|
-75.13% |
|
-95.26% |
|
-78.71% |
|
-71.27% |
|
-72.45% |
|
-70.75% |
|
-72.21% |
|
-71.64% |
|
|
毛利 |
22.80% |
|
21.09% |
|
24.49% |
|
26.25% |
|
27.91% |
|
25.58% |
|
27.51% |
|
29.01% |
|
28.43% |
|
26.17% |
|
25.69% |
|
25.65% |
|
27.41% |
|
24.30% |
|
26.38% |
|
29.24% |
|
31.00% |
|
27.78% |
|
27.16% |
|
24.87% |
|
4.74% |
|
21.29% |
|
28.73% |
|
27.55% |
|
29.25% |
|
27.79% |
|
28.36% |
|
|
其他運營費用 |
-1.60% | |
-1.58% | |
-1.62% | |
-1.53% | |
-1.58% | |
-1.55% | |
-1.60% | |
-1.55% | |
-1.51% | |
-1.45% | |
-1.48% | |
-1.46% | |
-1.66% | |
-1.33% | |
-1.26% | |
-1.33% | |
-0.95% | |
-1.32% | |
-1.36% | |
-1.61% | |
-3.16% | |
-1.58% | |
-1.43% | |
-1.57% | |
-1.31% | |
-1.31% | |
-1.41% | |
|
折舊和攤銷費用 |
-4.52% | |
-4.78% | |
-4.34% | |
-4.35% | |
-4.17% | |
-4.34% | |
-3.88% | |
-3.75% | |
-3.73% | |
-3.92% | |
-3.75% | |
-4.25% | |
-4.38% | |
-4.82% | |
-4.55% | |
-4.35% | |
-4.73% | |
-5.50% | |
-5.42% | |
-5.85% | |
-8.55% | |
-5.94% | |
-4.95% | |
-5.11% | |
-5.03% | |
-5.65% | |
-5.03% | |
|
一般和行政費用 |
-7.16% | |
-7.22% | |
-7.08% | |
-7.10% | |
-6.32% | |
-7.64% | |
-6.88% | |
-6.78% | |
-6.59% | |
-7.11% | |
-6.67% | |
-6.39% | |
-5.97% | |
-6.31% | |
-6.53% | |
-6.15% | |
-6.60% | |
-6.96% | |
-6.99% | |
-7.08% | |
-9.47% | |
-6.78% | |
-6.12% | |
-6.00% | |
-7.04% | |
-7.54% | |
-6.99% | |
|
重組 |
-0.22% | |
-1.33% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
-0.08% | |
-0.10% | |
-0.07% | |
-0.42% | |
-0.17% | |
-0.06% | |
0.09% | |
-0.68% | |
-0.26% | |
-0.34% | |
-1.07% | |
-3.14% | |
-1.85% | |
0.01% | |
-0.09% | |
-0.18% | |
-0.55% | |
-0.68% | |
-0.65% | |
|
股權投資單位所得 |
0.60% | |
0.67% | |
0.49% | |
1.14% | |
0.81% | |
0.79% | |
0.59% | |
1.27% | |
0.76% | |
0.59% | |
0.66% | |
1.08% | |
0.66% | |
0.64% | |
0.50% | |
1.47% | |
1.41% | |
1.16% | |
1.23% | |
1.81% | |
1.62% | |
1.13% | |
1.04% | |
1.36% | |
1.11% | |
0.99% | |
1.02% | |
|
出售資產的收益 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
1.05% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
|
營業利潤 (虧損) |
9.89% |
|
6.86% |
|
11.94% |
|
14.40% |
|
16.65% |
|
12.83% |
|
15.76% |
|
18.20% |
|
17.28% |
|
15.22% |
|
14.38% |
|
14.21% |
|
15.90% |
|
12.43% |
|
14.63% |
|
18.20% |
|
19.86% |
|
14.81% |
|
13.53% |
|
9.00% |
|
-16.67% |
|
8.13% |
|
17.19% |
|
16.05% |
|
16.43% |
|
13.60% |
|
15.31% |
|
|
因剝離某些業務而產生的凈收益 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
10.61% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
8.82% | |
0.33% | |
0.00% | |
|
利息收入及其他凈額 |
0.27% | |
0.32% | |
0.30% | |
0.30% | |
0.31% | |
0.40% | |
0.36% | |
0.32% | |
0.23% | |
0.21% | |
0.13% | |
0.37% | |
0.24% | |
0.61% | |
0.00% | |
0.26% | |
0.48% | |
0.26% | |
0.23% | |
0.15% | |
0.30% | |
0.03% | |
0.22% | |
0.24% | |
0.59% | |
0.24% | |
0.37% | |
|
利息支出 |
-1.50% | |
-1.45% | |
-1.35% | |
-1.54% | |
-1.55% | |
-1.64% | |
-1.49% | |
-1.53% | |
-1.54% | |
-1.56% | |
-1.49% | |
-1.49% | |
-1.51% | |
-1.56% | |
-1.43% | |
-1.48% | |
-1.51% | |
-1.72% | |
-1.79% | |
-2.02% | |
-2.86% | |
-1.65% | |
-1.29% | |
-1.42% | |
-1.27% | |
-1.17% | |
-1.13% | |
|
所得稅前利潤(虧損) |
8.66% |
|
5.73% |
|
10.88% |
|
13.16% |
|
15.41% |
|
11.59% |
|
14.63% |
|
16.99% |
|
15.97% |
|
13.87% |
|
13.03% |
|
13.09% |
|
14.63% |
|
11.47% |
|
13.20% |
|
27.59% |
|
18.83% |
|
13.35% |
|
11.98% |
|
7.13% |
|
-19.23% |
|
6.51% |
|
16.12% |
|
14.88% |
|
24.58% |
|
13.00% |
|
14.56% |
|
|
所得稅(費用)福利 |
-2.75% | |
-1.35% | |
-2.57% | |
-3.13% | |
-3.82% | |
-2.57% | |
-3.76% | |
-3.99% | |
-3.52% | |
-3.46% | |
-3.21% | |
-2.65% | |
-3.42% | |
-2.63% | |
-3.06% | |
-5.93% | |
-3.43% | |
-3.46% | |
-2.76% | |
-0.80% | |
3.17% | |
-1.09% | |
-3.64% | |
-2.99% | |
-4.45% | |
-2.56% | |
-3.09% | |
|
包括非控制性權益在內的凈收益(虧損) |
5.91% |
|
4.38% |
|
8.31% |
|
10.03% |
|
11.58% |
|
9.02% |
|
10.87% |
|
13.01% |
|
12.45% |
|
10.42% |
|
9.81% |
|
10.44% |
|
11.21% |
|
8.84% |
|
10.14% |
|
21.66% |
|
15.40% |
|
9.89% |
|
9.22% |
|
6.33% |
|
-16.06% |
|
5.42% |
|
12.47% |
|
11.89% |
|
20.13% |
|
10.45% |
|
11.46% |
|
|
歸屬於非控制性權益的凈(收益)虧損 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
-0.01% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
-0.01% | |
-0.01% | |
0.00% | |
0.00% | |
-0.01% | |
0.00% | |
0.00% | |
0.00% | |
-0.01% | |
0.06% | |
0.01% | |
0.01% | |
-0.01% | |
0.07% | |
0.00% | |
|
歸屬於星巴克的凈收益(虧損) |
5.90% |
|
4.39% |
|
8.31% |
|
10.02% |
|
11.57% |
|
9.02% |
|
10.87% |
|
13.01% |
|
12.45% |
|
10.42% |
|
9.81% |
|
10.44% |
|
11.20% |
|
8.83% |
|
10.13% |
|
21.66% |
|
15.39% |
|
9.89% |
|
9.22% |
|
6.33% |
|
-16.07% |
|
5.48% |
|
12.48% |
|
11.90% |
|
20.12% |
|
10.52% |
|
11.47% |
|
根據報告:
10-Q (報告日期: 2025-06-29), 10-Q (報告日期: 2025-03-30), 10-Q (報告日期: 2024-12-29), 10-K (報告日期: 2024-09-29), 10-Q (報告日期: 2024-06-30), 10-Q (報告日期: 2024-03-31), 10-Q (報告日期: 2023-12-31), 10-K (報告日期: 2023-10-01), 10-Q (報告日期: 2023-07-02), 10-Q (報告日期: 2023-04-02), 10-Q (報告日期: 2023-01-01), 10-K (報告日期: 2022-10-02), 10-Q (報告日期: 2022-07-03), 10-Q (報告日期: 2022-04-03), 10-Q (報告日期: 2022-01-02), 10-K (報告日期: 2021-10-03), 10-Q (報告日期: 2021-06-27), 10-Q (報告日期: 2021-03-28), 10-Q (報告日期: 2020-12-27), 10-K (報告日期: 2020-09-27), 10-Q (報告日期: 2020-06-28), 10-Q (報告日期: 2020-03-29), 10-Q (報告日期: 2019-12-29), 10-K (報告日期: 2019-09-29), 10-Q (報告日期: 2019-06-30), 10-Q (報告日期: 2019-03-31), 10-Q (報告日期: 2018-12-30).
從資料中可以觀察到,Starbucks Corporation其營運狀況經歷了較為顯著的波動,特別是在2019年至2020年間受到外部環境變化的影響。
- 商店類型佔比
- 較長期間內,公司商店營運佔比穩定維持在80%以上,略有起伏,顯示其以公司經營門店為主要營收來源。特許商店的比例則較為波動,逐漸呈現出增加的趨勢,表明公司在特許經營方面有所擴展。
- 淨收入結構
- 淨收入的構成比例整體較為穩定,商店營運所占比例仍為主導,雖有短暫的下降,但逐步回升。特許商店比例亦經歷變動,反映出公司在經營模式轉型或策略調整之中。
- 毛利率
- 毛利率波動較大。2019年末和2020年初的毛利約在28%左右,但在2020年某些期間出現明顯下降,甚至短暫下探至約4.7%,可能與成本壓力或特別項目相關。隨後毛利率逐步回升,顯示公司在成本控制或營收策略方面有所改善。
- 營運成本與費用
- 產品成本較高比例,並且在2020年中出現明顯升高,反映原物料或供應鏈的壓力。門店運營費用在某些期間激增,尤其在2020年中段和末端,可能與疫情期間的營運成本增加或特殊支出有關。這些變動對整體盈利能力造成壓力,甚至出現營業虧損的期間(如2020年9月及之後段時段,營業利潤出現負值)。
- 營業利潤
- 整體來看,營業利潤呈現波動,顯著的下跌與2020年的疫情高峰有關,部分期間轉為虧損。然而,隨著2021年後的復甦,營業利潤再次提升,反映出公司已逐步克服營運壓力並改善盈利能力。
- 非經營性收入及成本
- 如股權投資及資產處分收益在某些期間呈現增加,反映公司策略性投資或資產處分,可能對短期收益產生正面影響。利息支出由於公司負債管理,基本保持穩定的小幅下降趨勢。
- 淨利潤
- 整體淨利潤受營業狀況、成本、費用等因素影響,在2020年經歷大幅波動,並出現虧損,之後逐步回升。2021年至2023年間的淨收益雖有波動,但趨勢較為穩定並逐步改善,顯示公司逐漸走出疫情帶來的營運低谷。
- 稅前盈餘與稅負
- 稅前盈餘狀況亦隨營運變動而變化,2020年出現明顯下滑,甚至虧損,但2021年起逐步回升。所得稅費用配合盈虧變動調整,反映公司稅務策略隨營運狀況調整,整體狀況顯示相對穩定的稅務負擔表現。
- 其他因素
- 公司持續受特許業務、資產收入、投資收益等多重因素影響,這些不同層面的變化共同構成了其財務表現的波動圖景。特別是在2020年疫情期間,營運的挑戰更為明顯,導致公司需調整營運策略以應對突發狀況。
綜合而言,Starbucks的財務狀況在長期保持穩定,儘管短期經歷較大的波動和營運壓力,但隨著營運策略調整與市場復甦,其盈利能力逐漸回穩。成本控制與渠道擴展(如特許經營)將是其未來持續提升的關鍵方向。資料中亦反映公司在疫情後逐步改善營收結構與盈利水平,展現其適應環境變化的彈性與策略調整能力。