{
    "id": "VAL-045",
    "category": "VAL",
    "title": "資本結構壓力下的股權價值",
    "question": "同樣企業估值遇上現金流失或債務增加，股東價值跌多少？",
    "chart": "matrix",
    "metric": "壓力股權價值（報價貨幣 / 股）",
    "secondary": "淨債務變動（百萬）",
    "x": "現金減少（百萬）",
    "y": "新增債務（百萬）",
    "panels": [
        "現金債務矩陣",
        "股權價值敏感度",
        "固定 EV 假設"
    ],
    "filters": [
        "股票 / 同業池",
        "估值日期",
        "倍數 / 假設情境"
    ],
    "apis": [
        "FUND",
        "USER"
    ],
    "calculation": "固定 USER 的企業價值情境，改變現金減少與新增債務，股權價值 = EV − 淨債務 − 已確認其他權益；除一致股數。",
    "caveat": "不包含破產程序、債務契約或市場倍數變化；負值顯示負剩餘而非可交易負股價。；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": "用戶資料",
    "complexity": "高",
    "audience": "進階",
    "reach": 6,
    "frequency": 5,
    "decision": 9,
    "clarity": 8,
    "sample_labels": [
        "現金不變",
        "現金減少",
        "債務不變",
        "債務增加"
    ],
    "cadence": "使用者修改持倉、核銷或情境時重算；新財報入庫後重算；每週檢查資料修訂",
    "category_name": "估值",
    "score": 66.5,
    "requires_user_input": true,
    "requires_extra_plan": false,
    "source_urls": [
        "https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds"
    ],
    "rank": 680,
    "stage": "P3",
    "svg_file": "mockups/0680-VAL-045.svg",
    "demo_fingerprint": "b209b165ce8517a7",
    "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
        }
    }
}