{
    "id": "GRW-011",
    "category": "GRW",
    "title": "杜邦 ROE 分解",
    "question": "高 ROE 來自高利潤率、高周轉，還是高槓桿？",
    "chart": "multi",
    "metric": "ROE（%）",
    "secondary": "淨利率 × 資產週轉 × 權益乘數",
    "x": "ROE 成分",
    "y": "% / 倍",
    "panels": [
        "利潤率",
        "資產週轉",
        "權益乘數"
    ],
    "filters": [
        "股票 / 行業",
        "財政年度 / 季度",
        "計算口徑"
    ],
    "apis": [
        "FUND"
    ],
    "calculation": "按相同盈利及平均資產權益，ROE = 淨利率 × 收入/平均資產 × 平均資產/平均權益；保留乘積與直接計算差額。",
    "caveat": "負權益或金融業特殊資產定義使乘數失真；不能以分解直接判斷經營好壞。；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": 8,
    "frequency": 7,
    "decision": 10,
    "clarity": 9,
    "sample_labels": [
        "淨利率",
        "資產週轉",
        "權益乘數",
        "直接ROE",
        "重建ROE"
    ],
    "cadence": "新財報入庫後重算；每週檢查資料修訂",
    "category_name": "成長與財務品質",
    "score": 83.0,
    "requires_user_input": false,
    "requires_extra_plan": false,
    "source_urls": [
        "https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds"
    ],
    "rank": 260,
    "stage": "P2",
    "svg_file": "mockups/0260-GRW-011.svg",
    "demo_fingerprint": "d5fefb95862ff42b",
    "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
        }
    }
}