Procter & Gamble Co.、合併資產負債表結構：負債和股東權益（季度數據）
|
|
2025年6月30日 |
|
2025年3月31日 |
|
2024年12月31日 |
|
2024年9月30日 |
|
2024年6月30日 |
|
2024年3月31日 |
|
2023年12月31日 |
|
2023年9月30日 |
|
2023年6月30日 |
|
2023年3月31日 |
|
2022年12月31日 |
|
2022年9月30日 |
|
2022年6月30日 |
|
2022年3月31日 |
|
2021年12月31日 |
|
2021年9月30日 |
|
2021年6月30日 |
|
2021年3月31日 |
|
2020年12月31日 |
|
2020年9月30日 |
|
2020年6月30日 |
|
2020年3月31日 |
|
2019年12月31日 |
|
2019年9月30日 |
|
|
|
應付帳款 |
12.16% | |
11.80% | |
11.82% | |
12.14% | |
12.56% | |
11.45% | |
11.79% | |
11.78% | |
12.08% | |
11.51% | |
12.02% | |
12.77% | |
12.70% | |
11.79% | |
11.66% | |
11.89% | |
11.50% | |
10.39% | |
10.01% | |
9.95% | |
10.00% | |
8.83% | |
9.65% | |
9.60% | |
|
|
應計負債和其他負債 |
9.04% | |
8.01% | |
8.05% | |
8.43% | |
9.05% | |
9.13% | |
9.20% | |
8.91% | |
9.05% | |
8.78% | |
8.74% | |
8.65% | |
8.15% | |
8.59% | |
8.68% | |
8.67% | |
8.82% | |
9.51% | |
9.27% | |
8.65% | |
8.05% | |
8.21% | |
9.16% | |
8.72% | |
|
|
一年內到期的債務 |
7.60% | |
8.04% | |
7.68% | |
8.23% | |
5.88% | |
6.46% | |
8.79% | |
9.64% | |
8.47% | |
11.45% | |
12.15% | |
10.08% | |
7.38% | |
8.24% | |
10.98% | |
10.02% | |
7.45% | |
7.51% | |
7.15% | |
6.43% | |
9.27% | |
10.71% | |
8.19% | |
8.20% | |
|
|
流動負債 |
28.79% |
|
27.85% |
|
27.56% |
|
28.79% |
|
27.48% |
|
27.04% |
|
29.78% |
|
30.33% |
|
29.59% |
|
31.73% |
|
32.92% |
|
31.49% |
|
28.22% |
|
28.62% |
|
31.32% |
|
30.58% |
|
27.77% |
|
27.42% |
|
26.43% |
|
25.03% |
|
27.32% |
|
27.75% |
|
27.00% |
|
26.52% |
|
|
|
長期債務，不包括一年內到期的債務 |
19.96% | |
19.72% | |
20.60% | |
20.35% | |
20.65% | |
20.28% | |
19.13% | |
19.64% | |
20.18% | |
19.09% | |
17.48% | |
18.31% | |
19.49% | |
19.77% | |
18.38% | |
17.18% | |
19.36% | |
18.03% | |
18.74% | |
19.97% | |
19.50% | |
19.66% | |
16.99% | |
17.68% | |
|
|
遞延所得稅 |
4.61% | |
5.27% | |
5.48% | |
5.08% | |
5.32% | |
5.25% | |
5.15% | |
5.56% | |
5.36% | |
5.36% | |
5.49% | |
6.01% | |
5.81% | |
5.44% | |
5.36% | |
5.28% | |
5.16% | |
5.12% | |
5.06% | |
5.25% | |
5.14% | |
5.32% | |
5.59% | |
5.55% | |
|
|
其他非流動負債 |
4.89% | |
4.44% | |
4.41% | |
4.55% | |
5.23% | |
5.34% | |
5.48% | |
5.29% | |
5.92% | |
5.93% | |
6.12% | |
6.07% | |
6.50% | |
8.12% | |
7.96% | |
8.18% | |
8.61% | |
9.26% | |
9.36% | |
9.24% | |
9.20% | |
8.52% | |
9.33% | |
9.06% | |
|
|
非流動負債 |
29.46% |
|
29.43% |
|
30.49% |
|
29.98% |
|
31.20% |
|
30.87% |
|
29.77% |
|
30.49% |
|
31.46% |
|
30.37% |
|
29.09% |
|
30.38% |
|
31.80% |
|
33.33% |
|
31.71% |
|
30.64% |
|
33.13% |
|
32.41% |
|
33.16% |
|
34.46% |
|
33.84% |
|
33.50% |
|
31.91% |
|
32.28% |
|
|
|
總負債 |
58.25% |
|
57.27% |
|
58.05% |
|
58.78% |
|
58.68% |
|
57.91% |
|
59.55% |
|
60.81% |
|
61.05% |
|
62.10% |
|
62.01% |
|
61.87% |
|
60.02% |
|
61.95% |
|
63.03% |
|
61.22% |
|
60.90% |
|
59.82% |
|
59.59% |
|
59.49% |
|
61.16% |
|
61.25% |
|
58.91% |
|
58.81% |
|
|
|
優先股 |
0.62% | |
0.64% | |
0.64% | |
0.63% | |
0.65% | |
0.67% | |
0.67% | |
0.66% | |
0.68% | |
0.69% | |
0.71% | |
0.72% | |
0.72% | |
0.70% | |
0.71% | |
0.72% | |
0.73% | |
0.75% | |
0.74% | |
0.74% | |
0.74% | |
0.76% | |
0.82% | |
0.80% | |
|
|
普通股 |
3.20% | |
3.26% | |
3.27% | |
3.17% | |
3.28% | |
3.35% | |
3.32% | |
3.27% | |
3.32% | |
3.34% | |
3.41% | |
3.45% | |
3.42% | |
3.33% | |
3.30% | |
3.35% | |
3.36% | |
3.43% | |
3.34% | |
3.34% | |
3.32% | |
3.38% | |
3.59% | |
3.51% | |
|
|
額外實收資本 |
54.91% | |
55.79% | |
55.68% | |
53.84% | |
55.31% | |
56.35% | |
55.45% | |
54.53% | |
55.08% | |
55.33% | |
56.19% | |
56.72% | |
56.14% | |
54.58% | |
53.89% | |
54.44% | |
54.35% | |
55.39% | |
53.84% | |
53.77% | |
53.18% | |
53.96% | |
57.30% | |
56.07% | |
|
|
員工持股計劃（ESOP）債務償還準備金 |
-0.54% | |
-0.55% | |
-0.58% | |
-0.56% | |
-0.60% | |
-0.62% | |
-0.65% | |
-0.64% | |
-0.68% | |
-0.69% | |
-0.74% | |
-0.75% | |
-0.78% | |
-0.76% | |
-0.79% | |
-0.81% | |
-0.84% | |
-0.86% | |
-0.89% | |
-0.87% | |
-0.89% | |
-0.91% | |
-1.00% | |
-0.97% | |
|
|
累計其他綜合損失 |
-9.70% | |
-9.19% | |
-9.49% | |
-8.61% | |
-9.72% | |
-10.34% | |
-10.08% | |
-10.27% | |
-10.11% | |
-10.23% | |
-10.62% | |
-11.02% | |
-10.40% | |
-11.19% | |
-11.17% | |
-11.75% | |
-11.52% | |
-13.26% | |
-12.56% | |
-13.25% | |
-13.39% | |
-13.42% | |
-13.37% | |
-13.41% | |
|
|
庫存股 |
-110.76% | |
-112.27% | |
-111.80% | |
-106.59% | |
-109.00% | |
-110.51% | |
-109.26% | |
-106.93% | |
-107.37% | |
-108.47% | |
-109.60% | |
-109.39% | |
-105.27% | |
-101.71% | |
-100.10% | |
-97.97% | |
-96.37% | |
-96.03% | |
-91.23% | |
-89.07% | |
-87.47% | |
-89.26% | |
-94.66% | |
-89.88% | |
|
|
留存收益 |
103.79% | |
104.83% | |
104.00% | |
99.11% | |
101.18% | |
102.96% | |
100.75% | |
98.30% | |
97.80% | |
97.69% | |
98.42% | |
98.18% | |
95.92% | |
92.87% | |
90.92% | |
90.55% | |
89.16% | |
90.49% | |
86.89% | |
85.52% | |
83.05% | |
83.90% | |
88.09% | |
84.72% | |
|
|
歸屬於寶潔公司的股東權益 |
41.53% |
|
42.50% |
|
41.72% |
|
40.99% |
|
41.09% |
|
41.86% |
|
40.21% |
|
38.92% |
|
38.71% |
|
37.66% |
|
37.76% |
|
37.90% |
|
39.75% |
|
37.83% |
|
36.75% |
|
38.53% |
|
38.87% |
|
39.90% |
|
40.11% |
|
40.19% |
|
38.54% |
|
38.41% |
|
40.76% |
|
40.84% |
|
|
|
非控制性權益 |
0.22% | |
0.22% | |
0.22% | |
0.24% | |
0.22% | |
0.23% | |
0.24% | |
0.26% | |
0.24% | |
0.23% | |
0.23% | |
0.22% | |
0.23% | |
0.22% | |
0.23% | |
0.25% | |
0.23% | |
0.28% | |
0.30% | |
0.33% | |
0.30% | |
0.34% | |
0.33% | |
0.36% | |
|
|
股東權益合計 |
41.75% |
|
42.73% |
|
41.95% |
|
41.22% |
|
41.32% |
|
42.09% |
|
40.45% |
|
39.19% |
|
38.95% |
|
37.90% |
|
37.99% |
|
38.13% |
|
39.98% |
|
38.05% |
|
36.97% |
|
38.78% |
|
39.10% |
|
40.18% |
|
40.41% |
|
40.51% |
|
38.84% |
|
38.75% |
|
41.09% |
|
41.19% |
|
|
|
負債總額和股東權益 |
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% |
|
根據報告：
10-K (報告日期： 2025-06-30), 10-Q (報告日期： 2025-03-31), 10-Q (報告日期： 2024-12-31), 10-Q (報告日期： 2024-09-30), 10-K (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-Q (報告日期： 2023-09-30), 10-K (報告日期： 2023-06-30), 10-Q (報告日期： 2023-03-31), 10-Q (報告日期： 2022-12-31), 10-Q (報告日期： 2022-09-30), 10-K (報告日期： 2022-06-30), 10-Q (報告日期： 2022-03-31), 10-Q (報告日期： 2021-12-31), 10-Q (報告日期： 2021-09-30), 10-K (報告日期： 2021-06-30), 10-Q (報告日期： 2021-03-31), 10-Q (報告日期： 2020-12-31), 10-Q (報告日期： 2020-09-30), 10-K (報告日期： 2020-06-30), 10-Q (報告日期： 2020-03-31), 10-Q (報告日期： 2019-12-31), 10-Q (報告日期： 2019-09-30).
從所提供的財務資料中，可以觀察到Procter & Gamble Co.的負債結構及股東權益隨時間的變化具有一定的穩定性，亦呈現出部分趨勢與波動特徵。以下為詳細分析：
- 負債比例趨勢
-
整體來看，公司的總負債比例大致維持在58%到63%的範圍內。2020年第三季度之後，負債佔比逐漸上升，特別是在2021年第一季度達到約63%的高點，顯示公司在該段期間較為積極地運用負債融資，可能反映在經濟環境或策略調整之下。隨後負債比例微幅回落，至2023年末約59%，顯示公司在負債管理上較為保守，保持相對穩健的負債水平。
- 應付帳款與流動負債
-
應付帳款比重略有波動，但整體呈現穩定上升趨勢，2020年末約12.77%，而至2025年6月約12.16%。流動負債比例則在25%至33%間變動，2021年第三季度達到高點30.58%，之後略為回落，反映公司維持一定程度的流動負債壓力，但整體較為穩健。
- 長期與短期債務
-
短期債務（一年內到期的債務）與長期負債的比例皆呈波動，但長期債務在17%至20%間較為穩定，2023年之後略有上升，顯示公司策略上較偏向長期資金配置，較少依賴短期融資。短期債務在2020年第三季度達到峰值約10.98%，後逐步下降，展現出公司在管理短期負債上的調整策略。
- 股東權益構成
-
股東權益比例（由「歸屬於寶潔公司的股東權益」及「非控制性權益」合計）於約37%至42%之間浮動，2020年末偏低約37.66%，至2023年略升至約42%，表示股東投入的資本或保留盈餘持續增長，反映公司的盈利能力較為穩定，並逐步提升股東權益佔比。
- 累計其他綜合損失與庫存股
-
累計其他綜合損失（-10%到-13%範圍內）長期處於負值，且趨勢較為平穩，表明公司持續面臨一定的非經營損失壓力。庫存股比例則在約-106%至-112%之間，呈現持續高額的負數，顯示公司回購股份的規模較大，並在一定程度上影響股東權益結構，反映公司可能透過股份回購來提升每股淨值或支撐股價。
- 留存收益
-
留存收益占比逐步攀升，從約84%升至超過104%，顯示公司累積的未分配盈餘持續增加，為未來投資或分紅提供充足資源，同時也展現公司盈利穩定成長的跡象。
總結而言，Procter & Gamble Co.展現出資產負債結構穩定、股東權益逐步強化、並且在存託與盈餘留存方面持續成長的特徵。負債比例維持在合理範圍內，且公司逐步調整負債結構，以適應經營需求與資金策略。此外，股份回購高額，可能用於提升每股價值，且公司保留盈餘的增加亦支持長期發展。整體而言，公司經營策略較為謹慎並持續積累財富，有利於未來持續穩健經營，但需持續注意負債結構的合理化與資金運用效率。
