{
    "id": "VAL-013",
    "category": "VAL",
    "title": "市值到企業價值橋接",
    "question": "為何企業估值與股東市值差這麼多？",
    "chart": "waterfall",
    "metric": "企業價值（呈報貨幣百萬）",
    "secondary": "淨負債（百萬）",
    "x": "企業價值形成",
    "y": "呈報貨幣百萬",
    "panels": [
        "市值至 EV 瀑布",
        "供應商與自算 EV",
        "資本項日期"
    ],
    "filters": [
        "股票 / 同業池",
        "估值日期",
        "倍數 / 假設情境"
    ],
    "apis": [
        "FUND",
        "FX"
    ],
    "calculation": "由同幣種市值加校準有息債務、可辨識少數股東權益，減現金等價物；與供應商 EnterpriseValue 差異另列。",
    "caveat": "供應商是否含租賃、優先股及少數股東需核對，不能混合不同貨幣。；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": 9,
    "sample_labels": [
        "股票市值",
        "有息債務",
        "少數股東",
        "現金等價物",
        "企業價值"
    ],
    "cadence": "新財報入庫後重算；每週檢查資料修訂",
    "category_name": "估值",
    "score": 80.5,
    "requires_user_input": false,
    "requires_extra_plan": false,
    "source_urls": [
        "https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds",
        "https://eodhd.com/financial-apis/list-supported-forex-currencies"
    ],
    "rank": 318,
    "stage": "P2",
    "svg_file": "mockups/0318-VAL-013.svg",
    "demo_fingerprint": "ed3f375cc9d3b868",
    "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
        }
    }
}