Screen · Berkshire Criteria

Buffett Quality Screen

Buffett's "wonderful business" criteria, quantified into six dimensions: earnings record (20), ROE quality (25 — Fortune's double standard), low leverage (15), pricing power (15), business stability (15) and capital efficiency (10), for a 0–100 total. The entry gate is the first of Berkshire's acquisition criteria — at least $50M average pre-tax earnings over the last three fiscal years (banks and insurers excluded, as leverage is their business model; investment trusts and closed-end funds excluded, as they are portfolios rather than operating companies). Recomputed periodically from each company's last ten fiscal years; cross-listings merged by canonical ticker. Hover the score for the six-dimension breakdown; companies we cover link to their report. Filtered by score tier "Elite", market "China A-shares", Has report: 6 match(clear filters).

# Ticker Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Report FY
1 Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A 300760 · Shenzhen $27B
95/100 Elite
30.1%low 21.4% 10 yr+ Net cash 64% Mindray Bio-Medical: The Transition Is Real, But So Is the Price TagJul 19, 2026 · Hold FY2025
2 Kweichow Moutai Co Ltd 600519 · Shanghai $236B
93/100 Elite
30.8%low 22.9% 10 yr+ Net cash 90% Kweichow Moutai: A Long-Term Business Owner's PerspectiveMay 21, 2026 · Watch FY2025
3 Jiangsu Hengrui Medicine Co Ltd 600276 · Shanghai $50B
83/100 Elite
16.5%low 10.3% 10 yr+ Net cash 86% Hengrui Pharmaceuticals: A Fortress Innovation Platform, But RMB 50 Already Pays for the UpgradeJun 26, 2026 · Hold FY2025
4 Foxconn Industrial Internet Co Ltd 601138 · Shanghai $158B
82/100 Elite
22.0%low 15.0% 10 yr+ Net cash 8% FII Zen Horizon Research: No. 1 in AI server rack assembly, real earnings acceleration, but a thin business at a rich valuationJun 4, 2026 · Watch FY2025
5 Suzhou TFC Optical Communication Co Ltd 300394 · Shenzhen $26B
82/100 Elite
19.9%low 12.7% 10 yr+ Net cash 53% T&S Communications: A Real Upstream Bottleneck, Priced as if Scarcity Economics Were PermanentJul 28, 2026 · Avoid FY2025
6 NARI Technology Co Ltd 600406 · Shanghai $27B
81/100 Elite
15.3%low 14.2% 10 yr+ Net cash 27% NARI Technology: Grid-Control Franchise, Quality Already PricedJun 27, 2026 · Hold FY2025

Data and methodology: the six dimensions quantify Berkshire's published acquisition criteria and Buffett's shareholder letters (1981/1987/1991/2007 among others). Qualitative tests in the originals (e.g. "simple, understandable business", "management in place") are out of scope, and price ("available at a fair price") is covered by each report's valuation range instead. Financials come from company annual reports (via EODHD); ratios are computed in reporting currency, the USD gate via static FX. "‡" marks companies whose equity is persistently negative or tiny (ROE falls back to ROCE); "†" marks missing gross profit (operating margin used). Investment trusts and closed-end funds are excluded on two tests — name and financial shape (operating margins beyond what an operating company can achieve); REITs and operating asset managers are unaffected. This is a quantitative first pass, not investment advice. When citing this data, please credit Zen Horizon (zh.app). See our methodology for the scoring process.