diff --git a/backend/app/api/dashboard.py b/backend/app/api/dashboard.py
index f06f38dc..eb8b2996 100644
--- a/backend/app/api/dashboard.py
+++ b/backend/app/api/dashboard.py
@@ -7,7 +7,7 @@ from typing import Optional
 from app.database import get_db
 from app.auth_middleware import require_auth, require_role
 from app.deps import get_entity_id
-from app.models import KPIDefinition, KPIValue, KPIAlert, User
+from app.models import KPIDefinition, KPIValue, KPIAlert, User, VoucherDetail
 from app.utils.cache import get as cache_get, set as cache_set
 import json
 import logging
@@ -18,6 +18,161 @@ router = APIRouter(prefix="/api/cma/dashboard", tags=["驾驶舱"],
     dependencies=[Depends(require_role("ceo", "finance", "business", "it"))],
 )
 
+# ── 本量利·保本点 卡片只读数据（cma-bep-kpi Phase2 2026-09-08）──
+# 口径与 backend/scripts/kpi_bep_deriver.py 完全一致：
+#  月销 = voucher_details subject 5001(主营业务收入) 贷方 YTD 月均（万元）
+#  月管理费 = 5602% 借方 YTD 月均（账面口径含折旧）
+#  折旧 = 560213 借方 YTD 月均
+#  渠补率 = 厂家政策 84.61%（财务Bot权威口径）
+#  保本额 = 月固定成本 ÷ (1-渠补率)
+# 账面口径(含折旧) / 现金口径(剔除折旧) 双口径只读返回，无写操作。
+BEP_CODES = ("F_BEP_REVENUE", "F_BEP_COVER", "F_BEP_GAP")
+BEP_SALES_SUBJECT = "5001"
+BEP_ADMIN_PREFIX = "5602"
+BEP_DEP_SUBJECT = "560213"
+BEP_REBATE_POLICY_PCT = 84.61
+
+
+def _bep_sum_field(db, entity_id: int, period_from: str, period_to: str,
+                   field: str, subject_filter=None) -> float:
+    """聚合 voucher_details 金额（元），subject_filter: ('eq', code) / ('like', prefix)"""
+    q = db.query(func.sum(getattr(VoucherDetail, field))).filter(
+        VoucherDetail.entity_id == entity_id,
+        VoucherDetail.carry_forward == 0,
+        VoucherDetail.period >= period_from,
+        VoucherDetail.period <= period_to,
+    )
+    if subject_filter:
+        kind, code = subject_filter
+        if kind == "eq":
+            q = q.filter(VoucherDetail.subject_code == code)
+        elif kind == "like":
+            q = q.filter(VoucherDetail.subject_code.like(code + "%"))
+    val = q.scalar()
+    return float(val or 0.0)
+
+
+def _bep_level(value, kpi) -> str:
+    """按 KPI 静态阈值文本判定级别（绿→黄→红，命中即止），无阈值返回 none。
+    与 alert_generator / kpis._static_threshold_level 语义一致。"""
+    import re as _re
+    for level, field in (("green", "threshold_green"), ("yellow", "threshold_yellow"),
+                         ("red", "threshold_red")):
+        expr = getattr(kpi, field, None)
+        if not expr:
+            continue
+        m = _re.match(r"(>=|<=|>|<|=|!=)\s*([\d.]+)", str(expr).strip())
+        if not m:
+            continue
+        op, val = m.group(1), float(m.group(2))
+        hit = {
+            ">=": value >= val, "<=": value <= val,
+            ">": value > val, "<": value < val,
+            "=": value == val, "!=": value != val,
+        }[op]
+        if hit:
+            return level
+    return "none"
+
+
+@router.get("/bep-card")
+def get_bep_card(
+    db: Session = Depends(get_db),
+    entity_id: int = Depends(get_entity_id),
+):
+    """本量利·保本点 卡片数据（只读，A区）——账面/现金双口径"""
+    kpis = {k.kpi_code: k for k in db.query(KPIDefinition).filter(
+        KPIDefinition.entity_id == entity_id,
+        KPIDefinition.status == "active",
+        KPIDefinition.kpi_code.in_(BEP_CODES),
+    ).all()}
+    if len(kpis) != 3:
+        return {"available": False, "message": "BEP派生KPI未完整注册", "found": list(kpis.keys())}
+
+    # 最新派生期间与值（同派生器：source_type='derived'）
+    latest = {}
+    for code in BEP_CODES:
+        v = db.query(KPIValue).filter(
+            KPIValue.kpi_id == kpis[code].id,
+            KPIValue.source_type == "derived",
+            KPIValue.actual_value.isnot(None),
+        ).order_by(KPIValue.period.desc(), KPIValue.id.desc()).first()
+        latest[code] = {"period": v.period, "value": v.actual_value} if v else None
+
+    periods = [latest[c]["period"] for c in BEP_CODES if latest[c]]
+    if not periods:
+        return {"available": False, "message": "尚无派生值，请先运行 kpi_bep_deriver.py"}
+    period = max(periods)
+    year = period[:4]
+    months = int(period[5:7])
+    period_from = f"{year}-01"
+    period_to = period
+
+    # 输入口径（万元 / %）——与派生器一致
+    sales_avg = _bep_sum_field(db, entity_id, period_from, period_to,
+                               "credit_amount", ("eq", BEP_SALES_SUBJECT)) / 10000.0 / months
+    admin_avg = _bep_sum_field(db, entity_id, period_from, period_to,
+                               "debit_amount", ("like", BEP_ADMIN_PREFIX)) / 10000.0 / months
+    dep_avg = _bep_sum_field(db, entity_id, period_from, period_to,
+                             "debit_amount", ("eq", BEP_DEP_SUBJECT)) / 10000.0 / months
+    rebate_pct = BEP_REBATE_POLICY_PCT
+    cm_pct = 100.0 - rebate_pct
+
+    # 账面口径：管理费含折旧（与派生落库值一致）
+    book_bep = round(admin_avg / (cm_pct / 100.0), 1)
+    book_cover = round(sales_avg / book_bep * 100.0, 1) if book_bep else 0.0
+    book_gap = round((book_bep - sales_avg) / book_bep * 100.0, 1) if book_bep else 0.0
+    # 现金口径：管理费-折旧
+    cash_admin = admin_avg - dep_avg
+    cash_bep = round(cash_admin / (cm_pct / 100.0), 1) if cash_admin > 0 else 0.0
+    cash_cover = round(sales_avg / cash_bep * 100.0, 1) if cash_bep else 0.0
+    cash_gap = round((cash_bep - sales_avg) / cash_bep * 100.0, 1) if cash_bep else 0.0
+
+    # 参考最新落库派生值（存在时使用，保证与 Phase1 KPI 一致）
+    derived = {}
+    for code in BEP_CODES:
+        lv = latest[code]
+        derived[code] = {"period": lv["period"], "value": lv["value"]} if lv else None
+
+    cover_kpi = kpis["F_BEP_COVER"]
+    book_level = _bep_level(book_cover, cover_kpi)
+    cash_level = _bep_level(cash_cover, cover_kpi)
+    gap_kpi = kpis["F_BEP_GAP"]
+    book_gap_level = _bep_level(book_gap, gap_kpi)
+    cash_gap_level = _bep_level(cash_gap, gap_kpi)
+
+    return {
+        "available": True,
+        "entity_id": entity_id,
+        "period": period,
+        "months": months,
+        "inputs": {
+            "sales_avg": round(sales_avg, 2),
+            "admin_avg": round(admin_avg, 2),
+            "dep_avg": round(dep_avg, 2),
+            "rebate_pct": rebate_pct,
+            "cm_pct": round(cm_pct, 2),
+        },
+        "book": {
+            "bep_revenue": book_bep,
+            "cover": book_cover,
+            "gap": book_gap,
+            "cover_level": book_level,
+            "gap_level": book_gap_level,
+        },
+        "cash": {
+            "admin_cash": round(cash_admin, 2),
+            "bep_revenue": cash_bep,
+            "cover": cash_cover,
+            "gap": cash_gap,
+            "cover_level": cash_level,
+            "gap_level": cash_gap_level,
+        },
+        "derived": derived,
+        "formula": "保本销售额 = 月固定成本 ÷ (1 − 渠补率84.61%)",
+        "readonly": True,
+    }
+
 def parse_period(period_type: str, start_date: str = None, end_date: str = None):
     """解析时间区间"""
     today = datetime.now()
diff --git a/frontend/src/components/BEPBreakEvenCard.vue b/frontend/src/components/BEPBreakEvenCard.vue
new file mode 100644
index 00000000..02b25830
--- /dev/null
+++ b/frontend/src/components/BEPBreakEvenCard.vue
@@ -0,0 +1,196 @@
+<template>
+  <div v-if="card" class="bep-card-wrap">
+    <div class="bep-card" :class="'lvl-' + level" @click="expanded = !expanded">
+      <div class="bep-head">
+        <div class="bep-title">
+          <span class="bep-icon">⚖️</span>
+          <span>本量利 · 保本点</span>
+        </div>
+        <div class="bep-meta">
+          <span class="bep-period">{{ fmtPeriod(card.period) }}</span>
+          <span class="bep-expand-hint">{{ expanded ? '收起 ▲' : '下钻 ▼' }}</span>
+        </div>
+      </div>
+
+      <div class="bep-body">
+        <!-- 主指标：保本覆盖率 -->
+        <div class="bep-main">
+          <div class="bep-cover">
+            <span class="dot" :class="'dot-' + level"></span>
+            <span class="bep-cover-num">{{ current.cover.toFixed(1) }}</span>
+            <span class="bep-cover-unit">%</span>
+          </div>
+          <div class="bep-cover-label">保本覆盖率<span class="lvl-text">{{ lvlText }}</span></div>
+        </div>
+        <!-- 副指标并排 -->
+        <div class="bep-sub-grid">
+          <div class="bep-sub">
+            <div class="sub-val">{{ current.bep_revenue.toFixed(1) }}</div>
+            <div class="sub-label">月保本销售额(万)</div>
+          </div>
+          <div class="bep-sub">
+            <div class="sub-val">{{ inputs.sales_avg.toFixed(1) }}</div>
+            <div class="sub-label">当前月销(万)</div>
+          </div>
+          <div class="bep-sub">
+            <div class="sub-val" :style="{ color: gapColor }">{{ current.gap.toFixed(1) }}%</div>
+            <div class="sub-label">缺口</div>
+          </div>
+        </div>
+        <!-- 辅助行 -->
+        <div class="bep-formula-line">
+          固定成本 {{ current.admin_avg.toFixed(1) }}万 ÷ 边际贡献率 {{ inputs.cm_pct.toFixed(2) }}%
+          <span v-if="mode === 'cash'" class="tag-cash">现金口径</span>
+          <span v-else class="tag-book">账面口径</span>
+        </div>
+      </div>
+    </div>
+
+    <!-- 下钻面板 -->
+    <div v-if="expanded" class="bep-detail">
+      <!-- 口径切换 -->
+      <div class="detail-mode">
+        <el-radio-group v-model="mode" size="small">
+          <el-radio-button value="book">账面口径</el-radio-button>
+          <el-radio-button value="cash">现金口径</el-radio-button>
+        </el-radio-group>
+        <span class="mode-note">{{ modeNote }}</span>
+      </div>
+
+      <div class="detail-grid">
+        <div class="detail-col">
+          <div class="detail-title">📐 公式</div>
+          <div class="detail-line">{{ card.formula }}</div>
+          <div class="detail-line sub">账面：{{ inputs.admin_avg.toFixed(1) }}万 ÷ {{ inputs.cm_pct.toFixed(2) }}% = {{ current.bep_revenue.toFixed(1) }}万</div>
+          <div v-if="mode === 'cash'" class="detail-line sub">
+            现金：管理费{{ inputs.admin_avg.toFixed(1) }} − 折旧{{ inputs.dep_avg.toFixed(1) }} = {{ current.admin_avg.toFixed(1) }}万 ÷ {{ inputs.cm_pct.toFixed(2) }}%
+          </div>
+        </div>
+        <div class="detail-col">
+          <div class="detail-title">🔍 解读</div>
+          <div class="detail-line">{{ insight }}</div>
+        </div>
+      </div>
+
+      <div class="detail-kpis">
+        <div class="detail-title">📊 输入KPI</div>
+        <div class="kpi-chips">
+          <span class="kpi-chip">月管理费 <b>{{ inputs.admin_avg.toFixed(1) }}</b>万</span>
+          <span class="kpi-chip">月收入(5001) <b>{{ inputs.sales_avg.toFixed(1) }}</b>万</span>
+          <span class="kpi-chip">渠补率 <b>{{ inputs.rebate_pct.toFixed(2) }}</b>%</span>
+          <span class="kpi-chip">折旧 <b>{{ inputs.dep_avg.toFixed(1) }}</b>万/月</span>
+        </div>
+        <div class="kpi-src-note">数据源：voucher_details 凭证聚合（YTD月均口径）· {{ card.period }} · 纯只读</div>
+      </div>
+    </div>
+  </div>
+</template>
+
+<script setup lang="ts">
+import { ref, computed, onMounted } from 'vue'
+import api from '../api/index'
+
+const card = ref<any>(null)
+const expanded = ref(false)
+const mode = ref<'book' | 'cash'>('book')
+
+async function load() {
+  try {
+    const r: any = await api.get('/dashboard/bep-card')
+    card.value = (r && (r.data || r)) || null
+    if (!card.value?.available) card.value = null
+  } catch (e) {
+    console.error('加载保本点卡片失败', e)
+    card.value = null
+  }
+}
+
+const inputs = computed(() => card.value?.inputs || { sales_avg: 0, admin_avg: 0, dep_avg: 0, rebate_pct: 0, cm_pct: 0 })
+const current = computed(() => {
+  const d = card.value?.[mode.value === 'cash' ? 'cash' : 'book'] || { bep_revenue: 0, cover: 0, gap: 0, admin_avg: 0 }
+  return {
+    ...d,
+    admin_avg: mode.value === 'cash' ? (card.value?.cash?.admin_cash ?? 0) : inputs.value.admin_avg,
+  }
+})
+const level = computed(() => current.value.cover_level || 'none')
+const lvlText = computed(() => ({ green: '已保本', yellow: '未达保本', red: '远低保本' } as any)[level.value] || '—')
+const gapColor = computed(() => (current.value.gap <= 0 ? '#67c23a' : current.value.gap <= 50 ? '#e6a23c' : '#f56c6c'))
+const modeNote = computed(() =>
+  mode.value === 'cash'
+    ? '固定成本=管理费−折旧（现金视角）'
+    : '固定成本=管理费（含折旧，账面视角）'
+)
+
+const insight = computed(() => {
+  const sales = inputs.value.sales_avg || 0
+  const bep = current.value.bep_revenue || 0
+  const gap = current.value.gap || 0
+  if (!bep) return '暂无数据'
+  const need = bep - sales
+  const pct = sales > 0 ? (need / sales) * 100 : 0
+  if (gap <= 0) return `当前月销 ${sales.toFixed(1)}万 已超过保本线 ${bep.toFixed(1)}万，实现保本（余量 ${(-gap).toFixed(1)}%）。`
+  return `当前月销距保本差 ${gap.toFixed(1)}%，月销需达 ${bep.toFixed(1)}万（再增 ${need.toFixed(1)}万 / +${pct.toFixed(0)}%）。`
+})
+
+function fmtPeriod(p: string): string {
+  if (!p) return ''
+  const m = /^(\d{4})-(\d{1,2})/.exec(p)
+  if (!m) return p
+  const now = new Date()
+  return (Number(m[1]) === now.getFullYear() ? '' : m[1] + '年') + Number(m[2]) + '月'
+}
+
+onMounted(load)
+</script>
+
+<style scoped>
+.bep-card-wrap { margin-bottom: 18px; }
+.bep-card {
+  background: #fff; border-radius: 12px; padding: 16px 20px;
+  box-shadow: 0 1px 4px rgba(0,0,0,0.06);
+  border-left: 4px solid #e6a23c; cursor: pointer; transition: box-shadow .15s, transform .15s;
+}
+.bep-card.lvl-green { border-left-color: #67c23a; }
+.bep-card.lvl-yellow { border-left-color: #e6a23c; }
+.bep-card.lvl-red { border-left-color: #f56c6c; }
+.bep-card:hover { box-shadow: 0 4px 14px rgba(0,0,0,0.1); transform: translateY(-1px); }
+.bep-head { display: flex; justify-content: space-between; align-items: center; margin-bottom: 10px; }
+.bep-title { font-size: 15px; font-weight: 600; color: #1a1a2e; display: flex; align-items: center; gap: 8px; }
+.bep-icon { font-size: 17px; }
+.bep-meta { display: flex; align-items: center; gap: 10px; font-size: 12px; color: #999; }
+.bep-expand-hint { color: #409eff; }
+.bep-body { display: flex; align-items: center; gap: 26px; flex-wrap: wrap; }
+.bep-main { display: flex; align-items: center; gap: 10px; min-width: 150px; }
+.bep-cover { display: flex; align-items: baseline; gap: 4px; }
+.bep-cover-num { font-size: 42px; font-weight: 800; color: #1a1a2e; letter-spacing: -1px; line-height: 1; }
+.bep-cover-unit { font-size: 15px; color: #888; }
+.dot { width: 12px; height: 12px; border-radius: 50%; display: inline-block; }
+.dot-green { background: #67c23a; } .dot-yellow { background: #e6a23c; } .dot-red { background: #f56c6c; } .dot-none { background: #ccc; }
+.bep-cover-label { font-size: 12px; color: #888; display: flex; flex-direction: column; gap: 3px; }
+.lvl-text { color: #e6a23c; font-weight: 600; }
+.lvl-green .lvl-text { color: #67c23a; } .lvl-red .lvl-text { color: #f56c6c; }
+.bep-sub-grid { display: flex; gap: 22px; }
+.bep-sub { text-align: left; }
+.sub-val { font-size: 19px; font-weight: 700; color: #1a1a2e; }
+.sub-label { font-size: 11px; color: #999; margin-top: 2px; }
+.bep-formula-line { margin-left: auto; font-size: 12px; color: #777; background: #f7f8fa; padding: 5px 10px; border-radius: 6px; }
+.tag-cash { color: #67c23a; margin-left: 4px; font-weight: 600; }
+.tag-book { color: #409eff; margin-left: 4px; font-weight: 600; }
+
+/* 下钻 */
+.bep-detail { background: #fafbfc; border: 1px solid #eee; border-radius: 0 0 12px 12px; padding: 14px 18px; margin-top: 2px; }
+.detail-mode { display: flex; align-items: center; gap: 12px; margin-bottom: 12px; }
+.mode-note { font-size: 12px; color: #999; }
+.detail-grid { display: grid; grid-template-columns: 1fr 1fr; gap: 14px; margin-bottom: 12px; }
+.detail-col { background: #fff; border: 1px solid #f0f0f0; border-radius: 8px; padding: 10px 12px; }
+.detail-title { font-size: 13px; font-weight: 600; color: #1a1a2e; margin-bottom: 6px; }
+.detail-line { font-size: 13px; color: #444; line-height: 1.7; }
+.detail-line.sub { font-size: 12px; color: #888; }
+.detail-kpis { background: #fff; border: 1px solid #f0f0f0; border-radius: 8px; padding: 10px 12px; }
+.kpi-chips { display: flex; flex-wrap: wrap; gap: 8px; margin-top: 4px; }
+.kpi-chip { font-size: 12px; background: #f0f7ff; color: #3a6ea5; padding: 4px 10px; border-radius: 12px; }
+.kpi-chip b { color: #1a1a2e; }
+.kpi-src-note { font-size: 11px; color: #bbb; margin-top: 8px; }
+@media (max-width: 900px) { .detail-grid { grid-template-columns: 1fr; } .bep-formula-line { margin-left: 0; } }
+</style>
diff --git a/frontend/src/views/Dashboard.vue b/frontend/src/views/Dashboard.vue
index e244876f..90b498b6 100644
--- a/frontend/src/views/Dashboard.vue
+++ b/frontend/src/views/Dashboard.vue
@@ -42,6 +42,8 @@
 
     <!-- ====== CEO视图 ====== -->
     <template v-if="userRole === 'ceo'">
+      <!-- 本量利·保本点卡片（Phase2，A区只读） -->
+      <BEPBreakEvenCard />
       <!-- 摘要卡片行 -->
       <div class="summary-row">
         <div class="stat-card blue" @click="$router.push('/kpis')" style="cursor:pointer;"><div class="stat-val"><CountUp :value="summary.kpi_total" /></div><div class="stat-label">KPI总数</div><div class="stat-sub click-hint">点击查看详情</div></div>
@@ -157,6 +159,8 @@
 
     <!-- ====== 财务视图 ====== -->
     <template v-if="userRole === 'finance'">
+      <!-- 本量利·保本点卡片（Phase2，A区只读） -->
+      <BEPBreakEvenCard />
       <div class="summary-row">
         <div class="stat-card blue" @click="$router.push('/deviations')" style="cursor:pointer;"><div class="stat-val">{{ finSummary.total_sales ? fmtValue(finSummary.total_sales, 'SALES_TOTAL') : '-' }}</div><div class="stat-label">本月销售额</div></div>
         <div class="stat-card" :class="(finSummary.gross_profit_rate ?? 0) < 0 ? 'red' : 'green'" @click="$router.push('/deviations')" style="cursor:pointer;">
@@ -271,6 +275,7 @@ import { dashboardApi, alertApi, aiSuggestionApi } from '../api/index'
 import axios from 'axios'
 import CountUp from '../components/CountUp.vue'
 import GrowthQuality from '../components/GrowthQuality.vue'
+import BEPBreakEvenCard from '../components/BEPBreakEvenCard.vue'
 
 const router = useRouter()