Eaton Corp. plc、合并资产负债表结构：资产（季度数据）
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2025年6月30日 |
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2025年3月31日 |
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2024年12月31日 |
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2024年9月30日 |
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2024年6月30日 |
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2024年3月31日 |
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2023年12月31日 |
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2023年9月30日 |
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2023年6月30日 |
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2023年3月31日 |
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2022年12月31日 |
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2022年9月30日 |
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2022年6月30日 |
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2022年3月31日 |
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2021年12月31日 |
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2021年9月30日 |
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2021年6月30日 |
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2021年3月31日 |
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2020年12月31日 |
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2020年9月30日 |
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2020年6月30日 |
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2020年3月31日 |
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现金 |
0.98% | |
4.53% | |
1.45% | |
1.21% | |
1.37% | |
1.23% | |
1.27% | |
0.93% | |
0.96% | |
0.66% | |
0.84% | |
0.67% | |
1.04% | |
0.67% | |
0.87% | |
0.79% | |
0.76% | |
1.04% | |
1.38% | |
1.38% | |
0.96% | |
0.77% | |
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短期投资 |
0.46% | |
0.41% | |
3.97% | |
3.88% | |
5.69% | |
5.11% | |
5.52% | |
4.18% | |
2.66% | |
0.81% | |
0.75% | |
0.84% | |
0.74% | |
0.76% | |
0.80% | |
1.14% | |
0.71% | |
2.77% | |
2.09% | |
1.08% | |
0.67% | |
0.58% | |
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应收账款净额 |
13.54% | |
12.99% | |
12.03% | |
12.45% | |
12.34% | |
12.13% | |
11.64% | |
11.96% | |
11.96% | |
11.94% | |
11.64% | |
11.10% | |
10.92% | |
10.42% | |
9.69% | |
9.94% | |
9.08% | |
8.99% | |
9.13% | |
9.28% | |
8.72% | |
9.57% | |
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库存 |
11.31% | |
11.20% | |
11.01% | |
10.65% | |
10.06% | |
10.04% | |
9.73% | |
9.96% | |
9.98% | |
10.15% | |
9.80% | |
9.98% | |
9.80% | |
9.42% | |
8.73% | |
8.21% | |
7.25% | |
7.04% | |
6.63% | |
6.76% | |
7.04% | |
7.61% | |
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持有待售资产 |
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% | |
7.08% | |
7.44% | |
7.81% | |
7.74% | |
7.92% | |
7.91% | |
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预付费用和其他流动资产 |
3.08% | |
2.57% | |
2.28% | |
2.79% | |
2.66% | |
2.26% | |
2.22% | |
2.42% | |
2.46% | |
2.17% | |
1.96% | |
2.26% | |
2.22% | |
2.00% | |
1.99% | |
1.85% | |
1.73% | |
1.78% | |
1.81% | |
1.74% | |
1.74% | |
1.67% | |
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流动资产 |
29.37% |
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31.71% |
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30.75% |
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30.97% |
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32.13% |
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30.76% |
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30.38% |
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29.45% |
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28.02% |
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25.73% |
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24.98% |
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24.85% |
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24.71% |
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23.27% |
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22.07% |
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21.94% |
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26.60% |
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29.06% |
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28.84% |
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27.98% |
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27.06% |
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28.11% |
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土地和建筑物 |
5.68% | |
5.55% | |
5.83% | |
5.81% | |
5.57% | |
5.75% | |
5.83% | |
5.83% | |
5.98% | |
6.12% | |
6.08% | |
5.96% | |
6.13% | |
6.38% | |
6.54% | |
6.59% | |
6.14% | |
6.40% | |
6.86% | |
6.95% | |
6.96% | |
6.75% | |
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机械设备 |
18.09% | |
17.81% | |
17.78% | |
17.40% | |
16.91% | |
17.07% | |
16.91% | |
16.70% | |
16.69% | |
16.95% | |
16.81% | |
16.36% | |
16.08% | |
16.15% | |
16.43% | |
16.30% | |
15.10% | |
15.74% | |
16.98% | |
16.98% | |
17.17% | |
16.91% | |
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不动产、厂房及设备毛额 |
23.77% |
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23.36% |
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23.61% |
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23.21% |
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22.48% |
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22.82% |
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22.74% |
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22.53% |
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22.67% |
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23.07% |
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22.89% |
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22.32% |
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22.22% |
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22.52% |
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22.98% |
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22.89% |
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21.24% |
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22.14% |
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23.84% |
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23.93% |
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24.13% |
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23.65% |
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累计折旧 |
-13.81% | |
-13.76% | |
-13.89% | |
-13.75% | |
-13.33% | |
-13.58% | |
-13.55% | |
-13.58% | |
-13.79% | |
-14.05% | |
-13.90% | |
-13.69% | |
-13.56% | |
-13.72% | |
-13.97% | |
-14.02% | |
-12.93% | |
-13.56% | |
-14.53% | |
-14.52% | |
-14.56% | |
-14.13% | |
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净财产、厂房和设备 |
9.95% |
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9.60% |
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9.72% |
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9.46% |
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9.15% |
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9.23% |
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9.19% |
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8.96% |
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8.88% |
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9.03% |
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8.99% |
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8.63% |
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8.66% |
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8.80% |
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9.00% |
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8.86% |
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8.31% |
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8.57% |
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9.31% |
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9.41% |
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9.57% |
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9.53% |
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善意 |
38.98% | |
37.88% | |
38.33% | |
38.34% | |
37.71% | |
38.61% | |
38.97% | |
39.64% | |
40.56% | |
41.93% | |
42.26% | |
42.13% | |
42.12% | |
42.48% | |
43.35% | |
43.27% | |
40.43% | |
40.37% | |
40.54% | |
40.91% | |
41.18% | |
40.19% | |
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其他无形资产 |
12.90% | |
11.70% | |
12.14% | |
12.26% | |
12.40% | |
12.91% | |
13.25% | |
13.83% | |
14.37% | |
15.16% | |
15.67% | |
15.98% | |
16.18% | |
17.08% | |
17.21% | |
17.70% | |
16.83% | |
13.86% | |
13.12% | |
13.49% | |
13.97% | |
14.00% | |
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经营租赁资产 |
1.75% | |
2.07% | |
2.10% | |
2.08% | |
1.99% | |
1.87% | |
1.69% | |
1.61% | |
1.62% | |
1.63% | |
1.63% | |
1.62% | |
1.40% | |
1.28% | |
1.30% | |
1.31% | |
1.28% | |
1.26% | |
1.34% | |
1.36% | |
1.38% | |
1.41% | |
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递延所得税 |
1.53% | |
1.55% | |
1.59% | |
1.40% | |
1.27% | |
1.25% | |
1.19% | |
0.94% | |
0.96% | |
0.96% | |
0.94% | |
1.12% | |
1.15% | |
1.10% | |
1.15% | |
1.24% | |
1.21% | |
1.28% | |
1.34% | |
1.21% | |
1.17% | |
1.12% | |
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其他资产 |
5.51% | |
5.48% | |
5.38% | |
5.49% | |
5.36% | |
5.37% | |
5.34% | |
5.57% | |
5.59% | |
5.56% | |
5.54% | |
5.66% | |
5.78% | |
6.00% | |
5.91% | |
5.68% | |
5.34% | |
5.60% | |
5.50% | |
5.63% | |
5.66% | |
5.64% | |
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其他非流动资产 |
60.68% |
|
58.68% |
|
59.54% |
|
59.57% |
|
58.72% |
|
60.01% |
|
60.44% |
|
61.59% |
|
63.10% |
|
65.24% |
|
66.03% |
|
66.51% |
|
66.63% |
|
67.93% |
|
68.92% |
|
69.20% |
|
65.09% |
|
62.36% |
|
61.85% |
|
62.60% |
|
63.37% |
|
62.36% |
|
|
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非流动资产 |
70.63% |
|
68.29% |
|
69.25% |
|
69.03% |
|
67.87% |
|
69.24% |
|
69.62% |
|
70.55% |
|
71.98% |
|
74.27% |
|
75.02% |
|
75.15% |
|
75.29% |
|
76.73% |
|
77.93% |
|
78.06% |
|
73.40% |
|
70.94% |
|
71.16% |
|
72.02% |
|
72.94% |
|
71.89% |
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|
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总资产 |
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% |
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根据报告：
10-Q (报告日期： 2025-06-30), 10-Q (报告日期： 2025-03-31), 10-K (报告日期： 2024-12-31), 10-Q (报告日期： 2024-09-30), 10-Q (报告日期： 2024-06-30), 10-Q (报告日期： 2024-03-31), 10-K (报告日期： 2023-12-31), 10-Q (报告日期： 2023-09-30), 10-Q (报告日期： 2023-06-30), 10-Q (报告日期： 2023-03-31), 10-K (报告日期： 2022-12-31), 10-Q (报告日期： 2022-09-30), 10-Q (报告日期： 2022-06-30), 10-Q (报告日期： 2022-03-31), 10-K (报告日期： 2021-12-31), 10-Q (报告日期： 2021-09-30), 10-Q (报告日期： 2021-06-30), 10-Q (报告日期： 2021-03-31), 10-K (报告日期： 2020-12-31), 10-Q (报告日期： 2020-09-30), 10-Q (报告日期： 2020-06-30), 10-Q (报告日期： 2020-03-31).
从整体趋势来看，该公司在财务结构方面表现出一定的稳定性，尤其是在资产组成比例方面。流动资产的占比在2020年至2025年期间，保持在大约27%到32%之间，显示出公司持续维持较为稳健的流动性水平，能够应对短期资金需求。同时，非流动资产占比整体略有上升，从大约71.89%逐步提高至70%以上，显示公司在固定资产和资产结构上趋向稳固和资产投资的持续性。
在流动资产构成中，现金和短期投资的比例表现出一定的波动态势。现金在总资产中的比例波动较大，尤其在2025年第三季度显著上升，达到4.53%，此后又回落至较低水平，表明公司在现金管理方面存在一定的调整和策略变化。短期投资的比例在2023年前后出现明显增长，从不足1%跃升至5%以上，反映出公司可能加强了对短期流动性资产的配置，以应对未来潜在的资金需求或对风险的管理加强。
应收账款的比例从2020年开始逐步攀升，2025年第一季度已达到13.54%，这 indicates a gradual increase in应收账款的占比，可能反映出销售增长或信用政策的变化，但也提示应收账款管理需要关注，避免坏账风险上升。而库存比例有逐步上升的趋势，从2020年的7.61%逐渐增加到2025年的11.31%，可能显示存货积压压力增加，值得关注存货的流动性管理。
对于固定资产方面，土地和建筑物的比例呈现逐步下降趋势，反映出公司或许进行了固定资产的减值、折旧或资产结构优化。而机械设备比例则基本保持稳定，显示基础设施投资保持相对平稳。此外，不动产、厂房及设备的毛额比例略有波动，累计折旧的比例持续接近负值，说明固定资产的折旧和资产减值对资产结构产生一定影响，但整体净值比例稳中有升，表明资产净值保持稳定增长的态势。
在无形资产方面，善意的比重较为稳定，在40%到43%之间波动，显示公司或已实现稳固的商誉和品牌价值；其他无形资产的比例则逐步下降，从2020年的14%下降至2025年的11.7%左右，可能意味着无形资产的摊销或减值。在无形资产中，善意的占比略高于其他无形资产，反映出公司通过收购或整合获得较多的商誉价值。
关于负债和资本结构，递延所得税占资产比例保持稳定，显示税务负担管理相对平稳。经营租赁资产在各期的小幅增长，至2025年一季度达到2.07%，反映出公司在租赁资产方面有所增加，可能对应租赁会计准则变化或资产布局调整。此外，递延所得税和其他资产比例也表现一定的波动，但总体变化趋于平稳，资产负债结构没有出现剧烈变动。
从行业角度看，公司资产结构逐渐向非流动资产集中，流动比重略有下降但仍维持在合理范围，资产流动性保持一定的水平。应收账款和存货的增长预示公司可能在扩大生产或销售规模，但也需要密切关注其流动性和资产 quality风险。整体来看，公司在资产配置方面较为稳健，存量资产逐步优化，资本结构保持平衡，为未来的持续经营提供一定保障。
