{
    "id": "DIV-033",
    "category": "DIV",
    "title": "總股東分配對盈利的壓力",
    "question": "加入淨股權分配後，公司是否把超過盈利的資金交還股東？",
    "chart": "multi",
    "metric": "總淨分配 / 盈利（%）",
    "secondary": "總淨分配 / FCF（%）",
    "x": "分配口徑",
    "y": "分配率（%）",
    "panels": [
        "盈利分配率",
        "現金分配率",
        "股息與股權拆分"
    ],
    "filters": [
        "股票 / 持倉清單",
        "除淨 / 派付基準",
        "股息幣種"
    ],
    "apis": [
        "FUND"
    ],
    "calculation": "明確定義總淨分配 = 現金股息 − 經核對 salePurchaseOfStock；用正普通股盈利與 FCF 分別作分母。",
    "caveat": "salePurchaseOfStock 語義不明時停用合計；借款與現金積累可支持短期超額分配。；預覽數值全為合成示例，非即時行情。非美股及港股欄位、歷史深度按股票實際覆蓋。",
    "data_class": "衍生",
    "complexity": "高",
    "audience": "進階",
    "reach": 7,
    "frequency": 6,
    "decision": 9,
    "clarity": 8,
    "sample_labels": [
        "股息",
        "淨股權分配",
        "盈利基準",
        "FCF基準"
    ],
    "cadence": "新財報入庫後重算；每週檢查資料修訂",
    "category_name": "股息與股東回報",
    "score": 73.0,
    "requires_user_input": false,
    "requires_extra_plan": false,
    "source_urls": [
        "https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds"
    ],
    "rank": 525,
    "stage": "P3",
    "svg_file": "mockups/0525-DIV-033.svg",
    "demo_fingerprint": "ab28a6e904711ab6",
    "collection": "catalogue",
    "sample_annotation": {
        "sample": true,
        "as_of": "2026-10-16",
        "notice": "Charts and tables for this report are generated, deterministic synthetic sample observations for educational layout and unit demonstration only. No provider, market data or analysis engine is called, and nothing here is a statement about real securities.",
        "notice_zh": "此報告的圖表與數據為確定性生成的合成示例數據，僅供教育及版面展示；並無連接任何資料供應商或實際分析引擎，不代表任何真實證券的表現。",
        "default_filters": {
            "symbol": "0700.HK",
            "period": "1Y",
            "benchmark": "HSI"
        },
        "filters": {
            "symbol": [
                "0700.HK",
                "0005.HK",
                "AAPL.US",
                "MSFT.US",
                "SPY.US",
                "BTC-USD.CC"
            ],
            "period": [
                "1Y",
                "3Y",
                "5Y"
            ],
            "benchmark": [
                "HSI",
                "SPX",
                "BTC"
            ]
        },
        "library": {
            "version": "2026-10-19",
            "source": "https://chatgpt.com/share/6ad67223-c610-83e8-adb2-33aaf792e584",
            "sample": true
        }
    }
}