Valero Energy Corp.、合并资产负债表结构：负债和股东权益（季度数据）
|
|
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 |
|
2019年6月30日 |
|
2019年3月31日 |
|
|
|
债务和融资租赁义务的流动部分 |
1.68% | |
1.56% | |
1.36% | |
2.23% | |
2.11% | |
1.97% | |
2.09% | |
1.82% | |
1.70% | |
1.59% | |
2.14% | |
2.18% | |
2.12% | |
1.88% | |
1.37% | |
1.40% | |
1.23% | |
1.20% | |
1.86% | |
0.92% | |
0.78% | |
0.62% | |
2.13% | |
|
|
应付帐款 |
19.07% | |
22.90% | |
19.91% | |
19.93% | |
21.12% | |
17.84% | |
17.45% | |
20.87% | |
21.92% | |
25.87% | |
25.22% | |
21.58% | |
17.96% | |
18.34% | |
17.00% | |
11.75% | |
10.12% | |
9.47% | |
12.37% | |
18.95% | |
18.55% | |
19.48% | |
19.21% | |
|
|
应计费用 |
1.97% | |
1.67% | |
1.75% | |
1.97% | |
1.93% | |
1.84% | |
1.94% | |
1.99% | |
2.13% | |
1.73% | |
1.89% | |
2.16% | |
2.81% | |
2.32% | |
2.03% | |
1.92% | |
1.79% | |
1.75% | |
1.81% | |
1.76% | |
1.72% | |
1.47% | |
1.48% | |
|
|
应缴所得税以外的税款 |
2.32% | |
2.34% | |
2.16% | |
2.30% | |
2.25% | |
2.46% | |
2.62% | |
2.57% | |
2.21% | |
2.49% | |
2.45% | |
2.52% | |
2.83% | |
2.77% | |
2.30% | |
2.65% | |
2.45% | |
2.21% | |
2.13% | |
2.42% | |
2.29% | |
2.20% | |
1.84% | |
|
|
应交所得税 |
0.29% | |
0.32% | |
0.62% | |
0.22% | |
0.44% | |
0.53% | |
1.44% | |
1.38% | |
1.10% | |
2.48% | |
1.05% | |
0.65% | |
0.45% | |
0.32% | |
0.26% | |
0.22% | |
0.11% | |
0.24% | |
0.12% | |
0.39% | |
0.33% | |
0.35% | |
0.12% | |
|
|
流动负债 |
25.34% |
|
28.80% |
|
25.81% |
|
26.65% |
|
27.85% |
|
24.64% |
|
25.53% |
|
28.63% |
|
29.05% |
|
34.14% |
|
32.76% |
|
29.11% |
|
26.17% |
|
25.63% |
|
22.95% |
|
17.93% |
|
15.70% |
|
14.87% |
|
18.29% |
|
24.43% |
|
23.68% |
|
24.12% |
|
24.79% |
|
|
|
债务和融资租赁义务，减去流动部分 |
16.21% | |
15.32% | |
16.05% | |
16.05% | |
16.00% | |
16.70% | |
16.91% | |
17.26% | |
17.82% | |
18.43% | |
19.65% | |
21.78% | |
23.90% | |
24.59% | |
25.98% | |
26.95% | |
28.18% | |
24.62% | |
22.15% | |
17.04% | |
17.90% | |
17.62% | |
17.29% | |
|
|
递延所得税负债 |
8.72% | |
8.21% | |
8.41% | |
8.48% | |
8.28% | |
8.87% | |
8.77% | |
8.55% | |
8.32% | |
7.45% | |
8.23% | |
9.00% | |
9.34% | |
9.27% | |
9.39% | |
10.19% | |
10.24% | |
10.80% | |
10.28% | |
9.47% | |
9.60% | |
9.42% | |
9.34% | |
|
|
其他长期负债 |
3.36% | |
3.26% | |
3.67% | |
3.59% | |
3.46% | |
3.65% | |
3.81% | |
3.79% | |
4.84% | |
4.65% | |
5.58% | |
5.88% | |
6.60% | |
6.78% | |
6.74% | |
6.99% | |
7.19% | |
7.68% | |
8.06% | |
7.22% | |
6.68% | |
6.86% | |
6.78% | |
|
|
长期负债 |
28.29% |
|
26.80% |
|
28.13% |
|
28.12% |
|
27.74% |
|
29.22% |
|
29.49% |
|
29.60% |
|
30.97% |
|
30.53% |
|
33.45% |
|
36.66% |
|
39.84% |
|
40.64% |
|
42.12% |
|
44.13% |
|
45.61% |
|
43.11% |
|
40.48% |
|
33.73% |
|
34.18% |
|
33.90% |
|
33.41% |
|
|
|
负债合计 |
53.63% |
|
55.59% |
|
53.94% |
|
54.76% |
|
55.59% |
|
53.86% |
|
55.02% |
|
58.24% |
|
60.03% |
|
64.67% |
|
66.21% |
|
65.77% |
|
66.01% |
|
66.27% |
|
65.07% |
|
62.06% |
|
61.31% |
|
57.97% |
|
58.77% |
|
58.16% |
|
57.86% |
|
58.02% |
|
58.19% |
|
|
|
普通股，面值 0.01 美元 |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
0.01% | |
|
|
额外实收资本 |
11.49% | |
10.89% | |
11.05% | |
10.94% | |
10.92% | |
11.36% | |
11.43% | |
11.25% | |
11.56% | |
10.64% | |
11.31% | |
11.79% | |
12.49% | |
12.30% | |
12.70% | |
13.16% | |
13.21% | |
13.90% | |
14.27% | |
12.66% | |
13.31% | |
13.09% | |
13.06% | |
|
|
库存股，按成本计算 |
-46.27% | |
-43.03% | |
-42.08% | |
-40.16% | |
-38.59% | |
-37.23% | |
-35.96% | |
-33.12% | |
-31.12% | |
-27.25% | |
-26.15% | |
-27.08% | |
-28.70% | |
-28.30% | |
-29.28% | |
-30.36% | |
-30.46% | |
-32.10% | |
-33.02% | |
-29.05% | |
-30.20% | |
-29.16% | |
-28.71% | |
|
|
留存收益 |
77.96% | |
73.96% | |
74.34% | |
72.36% | |
70.87% | |
70.07% | |
68.02% | |
62.72% | |
59.85% | |
51.41% | |
47.66% | |
48.85% | |
50.60% | |
49.79% | |
51.94% | |
55.92% | |
57.43% | |
62.27% | |
62.25% | |
59.36% | |
61.07% | |
59.68% | |
59.14% | |
|
|
累计其他综合亏损 |
-1.37% | |
-1.84% | |
-1.69% | |
-1.38% | |
-2.10% | |
-1.60% | |
-2.00% | |
-2.23% | |
-3.37% | |
-2.21% | |
-1.67% | |
-1.74% | |
-2.45% | |
-1.96% | |
-2.17% | |
-2.42% | |
-3.04% | |
-3.66% | |
-4.06% | |
-2.51% | |
-2.98% | |
-2.60% | |
-2.60% | |
|
|
瓦莱罗能源公司股东权益总额 |
41.82% |
|
40.00% |
|
41.64% |
|
41.78% |
|
41.12% |
|
42.61% |
|
41.51% |
|
38.64% |
|
36.93% |
|
32.59% |
|
31.16% |
|
31.84% |
|
31.95% |
|
31.83% |
|
33.20% |
|
36.31% |
|
37.16% |
|
40.42% |
|
39.46% |
|
40.48% |
|
41.20% |
|
41.03% |
|
40.90% |
|
|
|
非控制性权益 |
4.55% | |
4.41% | |
4.42% | |
3.45% | |
3.30% | |
3.53% | |
3.47% | |
3.13% | |
3.04% | |
2.74% | |
2.63% | |
2.40% | |
2.04% | |
1.90% | |
1.73% | |
1.62% | |
1.53% | |
1.60% | |
1.77% | |
1.36% | |
0.94% | |
0.95% | |
0.90% | |
|
|
权益合计 |
46.37% |
|
44.41% |
|
46.06% |
|
45.24% |
|
44.41% |
|
46.14% |
|
44.98% |
|
41.76% |
|
39.97% |
|
35.33% |
|
33.79% |
|
34.23% |
|
33.99% |
|
33.73% |
|
34.93% |
|
37.94% |
|
38.69% |
|
42.03% |
|
41.23% |
|
41.84% |
|
42.14% |
|
41.98% |
|
41.81% |
|
|
|
负债和权益合计 |
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% |
|
根据报告：
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), 10-K (报告日期： 2019-12-31), 10-Q (报告日期： 2019-09-30), 10-Q (报告日期： 2019-06-30), 10-Q (报告日期： 2019-03-31).
从该公司各财务指标的季度变化趋势来看，可以观察到若干核心变化特征与潜在财务状况的演变。整体来看，负债总额占比在报告期内表现出一定幅度的波动，尤其是在2020年和2021年间负债比例有所上升，之后逐渐趋于稳定，显示公司在不同周期内融资结构存在调整，可能与宏观经济环境及行业发展变化相关。
应付账款作为流动负债的重要组成部分，其占比在2020年开始显著增长，从2019年下半年至2021年间持续上升，到2021年末达到高点（超过25%），随后逐步回落。这可能反映公司在某些时期内利用供应商信用或延长支付期限，以应对短期资金压力或优化现金流管理。与此同时，流动负债比例在2020年及其后期慢慢增加，显示短期偿债压力在一定程度上加大，但随后有所调整，显示财务风险管理的趋于稳定。
长期负债占比在整体负债中的比例逐步下降，从2020年较高水平逐渐降低到2024年达到较低值，表明公司可能在逐步减少债务杠杆，增加权益资本比例。这一趋势亦表现为债务减缩与资本结构优化的迹象。相应地，非流动负债（如长期负债和递延所得税负债）在负债中的占比在监测期内整体稳定，不存在明显异常波动，显示公司在资产负债结构上保持一定的平衡。
权益构成方面，留存收益占比在近几年不断上升，特别是在2022年及之后，达到较高比例（70%以上），表明公司通过盈利积累大量留存，有助于增强自有资金实力，改善财务稳健性。同时，股东权益总额占比波动中有逐步上升的趋势，尤其在2022年和2023年，彰显公司资本储备的增强与财务结构向权益偏重的调整.
库存股部分连续表现出大幅度的负百分比变化（-26%至-46%），代表公司在报告期内持续回购股份，增加了股东权益的价值，且这一行为与留存收益的增长协同推进公司权益的提升。此外，累计其他综合亏损在整体中虽保持为负，但变化幅度有限，并未出现极端变化，表明公司其他综合损益的情况较为稳定。
总体而言，该公司的财务结构展现了一个从偏重负债向权益偏重的转变过程，伴随着负债比例的逐步减低，权益资本的不断积累。公司在2020年及之后的财务策略似乎更加注重稳健发展，减少杠杆，强化盈利能力，增强股东权益。这为其未来财务健康和抗风险能力提供了一定保障，但同时持续关注其短期流动负债变化和债务结构优化仍是必要的。
