{
    "id": "GRW-037",
    "category": "GRW",
    "title": "扣股份薪酬後的現金流近似",
    "question": "把股權報酬視作經濟成本後，表面的高 FCF 還剩多少？",
    "chart": "multi",
    "metric": "FCF 減 SBC（呈報貨幣百萬）",
    "secondary": "調整後現金流利潤率（%）",
    "x": "現金流口徑",
    "y": "呈報貨幣百萬",
    "panels": [
        "原FCF",
        "SBC經濟扣減",
        "自訂調整後數值"
    ],
    "filters": [
        "股票 / 行業",
        "財政年度 / 季度",
        "計算口徑"
    ],
    "apis": [
        "FUND"
    ],
    "calculation": "自訂經濟近似 = FCF − stockBasedCompensation；並列原 FCF、SBC 及對營收比例，禁止將結果命名 GAAP FCF。",
    "caveat": "SBC 不是當期現金流出，減法是分析假設而非會計現金流；可能與將來回購成本不同。；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": "中",
    "audience": "進階",
    "reach": 8,
    "frequency": 7,
    "decision": 9,
    "clarity": 8,
    "sample_labels": [
        "OCF",
        "資本開支",
        "FCF",
        "SBC",
        "調整後近似"
    ],
    "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": 79.5,
    "requires_user_input": false,
    "requires_extra_plan": false,
    "source_urls": [
        "https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds"
    ],
    "rank": 343,
    "stage": "P2",
    "svg_file": "mockups/0343-GRW-037.svg",
    "demo_fingerprint": "96bd14443a5e4683",
    "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
        }
    }
}