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. score tier "やや弱い"、market "China A-shares"で絞り込み：75 match(絞り込みを解除)。

#	銘柄	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	レポート	FY
1	China Coal Energy Co Ltd 601898 · 上海	$26B	49/100 やや弱い	8.4%low 2.4%	10 yr+	0.1×	26%	—	FY2025
2	China Jushi Co Ltd 600176 · 上海	$21B	49/100 やや弱い	15.5%low 8.1%	10 yr+	0.4×	37%	—	FY2025
3	Kingnet Network Co Ltd 002517 · 深圳	$5.4B	49/100 やや弱い	10.8%low -67.2%	6 yr	Net cash	74%	—	FY2025
4	Guangdong HongDa Blasting Co Ltd 002683 · 深圳	$3.0B	49/100 やや弱い	8.8%low 2.2%	10 yr+	0.9×	20%	—	FY2025
5	Gambol Pet Group Co Ltd Class A 301498 · 深圳	$2.4B	49/100 やや弱い	10.2%low 0.4%	8 yr	Net cash	34%	—	FY2025
6	Jiangxi Hongcheng Waterworks Co Ltd 600461 · 上海	$1.7B	49/100 やや弱い	11.7%low 7.5%	10 yr+	0.5×	27%	—	FY2025
7	Wuxi Zhenhua Auto Parts Co. Ltd. 605319 · 上海	$1.1B	49/100 やや弱い	12.0%low 5.2%	10 yr+	0.2×	21%	—	FY2025
8	Zhejiang Xinao Textiles Inc 603889 · 上海	$765M	49/100 やや弱い	10.6%low 6.0%	10 yr+	0.2×	18%	—	FY2025
9	Shenyang Jinbei Automotive Co Ltd 600609 · 上海	$614M	49/100 やや弱い	-20.1%low -288.3%	5 yr	Net cash	15%	—	FY2025
10	China CSSC Holdings Ltd 600150 · 上海	$37B	48/100 やや弱い	0.1%low -18.3%	8 yr	Net cash	6%	—	FY2025
11	Aluminum Corp of China Ltd 601600 · 上海	$23B	48/100 やや弱い	7.2%low 1.0%	10 yr+	0.5×	11%	—	FY2025
12	Hangzhou Chang Chuan Technology Co Ltd 300604 · 深圳	$22B	48/100 やや弱い	12.3%low 1.2%	10 yr+	0.0×	54%	—	FY2025
13	XCMG Construction Machinery Co Ltd 000425 · 深圳	$15B	48/100 やや弱い	8.8%low 1.0%	10 yr+	0.2×	19%	—	FY2025
14	Ningbo Tuopu Group Co Ltd 601689 · 上海	$11B	48/100 やや弱い	12.0%low 6.2%	10 yr+	0.2×	24%	—	FY2025
15	Guangzhou Tinci Materials Technology Co Ltd 002709 · 深圳	$10B	48/100 やや弱い	17.1%low 0.6%	10 yr+	Net cash	29%	—	FY2025
16	Zhejiang Huafon Spandex Co Ltd 002064 · 深圳	$7.6B	48/100 やや弱い	15.1%low -10.1%	9 yr	Net cash	21%	—	FY2025
17	Shan Dong Dong-E E-Jiao Co Ltd 000423 · 深圳	$4.9B	48/100 やや弱い	11.2%low -4.6%	6 yr	Net cash	63%	—	FY2025
18	Fujian Funeng Co Ltd 600483 · 上海	$4.2B	48/100 やや弱い	10.1%low 7.7%	10 yr+	0.3×	23%	—	FY2025
19	Hainan Jinpan Smart Technology Co. Ltd. A 688676 · 上海	$4.1B	48/100 やや弱い	11.2%low 4.7%	9 yr	0.1×	24%	—	FY2025
20	Lingyun Ind 600480 · 上海	$1.5B	48/100 やや弱い	6.1%low -1.5%	6 yr	Net cash	17%	—	FY2025
21	Huaneng Lancang River Hydropower Inc Class A 600025 · 上海	$26B	47/100 やや弱い	9.1%low 1.5%	10 yr+	1.3×	53%	—	FY2025
22	Hengli Petrochemical Co Ltd 600346 · 上海	$16B	47/100 やや弱い	19.8%low 4.4%	10 yr+	1.8×	13%	—	FY2025
23	Anhui Expressway Co Ltd 600012 · 上海	$4.0B	47/100 やや弱い	11.7%low 7.7%	10 yr+	0.7×	50%	—	FY2025
24	Xianhe Co Ltd 603733 · 上海	$2.2B	47/100 やや弱い	12.1%low 9.0%	10 yr+	1.1×	16%	—	FY2025
25	First Tractor Co Ltd 601038 · 上海	$2.2B	47/100 やや弱い	3.9%low -32.4%	7 yr	Net cash	15%	—	FY2025
26	Xinjiang Guannong Fruit & Antler Group Co Ltd 600251 · 上海	$1.0B	47/100 やや弱い	8.9%low 1.4%	10 yr+	0.2×	10%	—	FY2025
27	BYD Co Ltd Class A 002594 · 深圳	$122B	46/100 やや弱い	10.8%low 2.8%	10 yr+	0.1×	17%	—	FY2025
28	China Northern Rare Earth Group High-Tech Co Ltd 600111 · 上海	$20B	46/100 やや弱い	11.5%low 1.1%	10 yr+	0.0×	16%	—	FY2025
29	Zhejiang China Commodities City Group Co Ltd 600415 · 上海	$9.8B	46/100 やや弱い	11.4%low 6.8%	10 yr+	Net cash	37%	—	FY2025
30	Shenzhen Kedali Industry Co Ltd 002850 · 深圳	$7.3B	46/100 やや弱い	11.5%low 3.6%	10 yr+	0.1×	24%	—	FY2025
31	Zhejiang Shuanghuan Driveline Co Ltd 002472 · 深圳	$4.6B	46/100 やや弱い	7.2%low 1.4%	10 yr+	0.1×	21%	—	FY2025
32	Fujian Sunner Development Co Ltd 002299 · 深圳	$2.9B	46/100 やや弱い	13.1%low 4.1%	10 yr+	0.4×	15%	—	FY2025
33	Xiamen International Airport Co Ltd 600897 · 上海	$864M	46/100 やや弱い	9.0%low 0.7%	10 yr+	Net cash	31%	—	FY2025
34	Advanced Micro Fabrication Inc 688012 · 上海	$46B	45/100 やや弱い	8.3%low 4.3%	9 yr	Net cash	45%	—	FY2025
35	EVE Energy 300014 · 深圳	$17B	45/100 やや弱い	13.4%low 9.8%	10 yr+	0.6×	22%	—	FY2025
36	Yunnan Aluminium Co Ltd 000807 · 深圳	$13B	45/100 やや弱い	9.1%low -17.7%	7 yr	Net cash	13%	—	FY2025
37	Goertek Inc 002241 · 深圳	$11B	45/100 やや弱い	10.2%low 3.5%	10 yr+	Net cash	15%	—	FY2025
38	Xiamen Tungsten Co Ltd 600549 · 上海	$10B	45/100 やや弱い	9.1%low 2.3%	10 yr+	0.0×	16%	—	FY2025
39	Jiangsu Yoke Technology Co Ltd 002409 · 深圳	$8.1B	45/100 やや弱い	7.2%low 2.2%	10 yr+	0.2×	30%	—	FY2025
40	Sunshine Guojian Pharmaceutical Shanghai Co Ltd 688336 · 上海	$5.1B	45/100 やや弱い	10.9%low -4.8%	5 yr	Net cash	85%	—	FY2025
41	Zhejiang Yonghe Refrigerant Co Ltd 605020 · 上海	$2.2B	45/100 やや弱い	11.5%low 7.0%	9 yr	0.4×	21%	—	FY2025
42	China Kings Resources Group Co 603505 · 上海	$1.9B	45/100 やや弱い	17.3%low 10.6%	10 yr+	1.0×	41%	—	FY2025
43	Milkyway Chemical Supply Chain Service Co Ltd 603713 · 上海	$1.4B	45/100 やや弱い	12.8%low 9.0%	10 yr+	0.7×	15%	—	FY2025
44	Raytron Technology Co Ltd 688002 · 上海	$9.3B	44/100 やや弱い	12.2%low 3.8%	10 yr+	0.1×	60%	—	FY2025
45	Shanghai Allist Pharmaceuticals Co. Ltd. A 688578 · 上海	$7.0B	44/100 やや弱い	-12.2%low -137.1%	5 yr	Net cash	89%	—	FY2025
46	Jiangsu Nata Opto Electr Material 300346 · 深圳	$4.8B	44/100 やや弱い	6.1%low 0.6%	10 yr+	Net cash	39%	—	FY2025
47	Nanning Chemical Industry Co Ltd 600301 · 上海	$3.6B	44/100 やや弱い	13.8%low -13.4%	8 yr	0.0×	20%	—	FY2025
48	Henan Yuguang Gold & Lead Co Ltd 600531 · 上海	$2.0B	44/100 やや弱い	9.3%low 4.0%	10 yr+	0.9×	4%	—	FY2025
49	Kunshan Huguang Auto Harness Co Ltd 605333 · 上海	$1.2B	44/100 やや弱い	18.0%low -0.1%	4 yr	0.3×	14%	—	FY2025
50	China Molybdenum Co Ltd Class A 603993 · 上海	$58B	43/100 やや弱い	11.6%low 4.6%	10 yr+	Net cash	19%	—	FY2025
51	AVIC Chengdu Aircraft Co Ltd Class A 302132 · 深圳	$22B	43/100 やや弱い	10.2%low 4.1%	10 yr+	0.0×	34%	—	FY2025
52	Sharetronic Data Technology Co Ltd 300857 · 深圳	$17B	43/100 やや弱い	13.7%low 8.5%	10 yr+	2.1×	14%	—	FY2025
53	Ninebot Ltd 689009 · 上海	$4.5B	43/100 やや弱い	7.5%low -21.5%	6 yr	Net cash	26%	—	FY2025
54	Tibet Huayu Mining Co Ltd 601020 · 上海	$2.3B	43/100 やや弱い	9.0%low 2.6%	10 yr+	Net cash	43%	—	FY2025
55	Ningbo Ocean Shipping Co. Ltd. A 601022 · 上海	$1.5B	43/100 やや弱い	11.7%low 9.3%	6 yr	—	18%	—	FY2025
56	Zhejiang Juhua Co Ltd 600160 · 上海	$15B	42/100 やや弱い	9.4%low 0.8%	10 yr+	0.1×	17%	—	FY2025
57	Tonghua Dongbao Pharmaceutical Co Ltd 600867 · 上海	$2.3B	42/100 やや弱い	16.3%low -0.7%	1 yr	0.0×	76%	—	FY2025
58	Changzhou Fusion New Material Co. Ltd. A 688503 · 上海	$2.0B	42/100 やや弱い	11.3%low 8.4%	6 yr	—	10%	—	FY2025
59	Keda Clean Energy Co Ltd 600499 · 上海	$4.4B	41/100 やや弱い	10.0%low -12.6%	7 yr	0.1×	25%	—	FY2025
60	COSCO SHIPPING Specialized Carriers Co Ltd 600428 · 上海	$4.4B	41/100 やや弱い	4.9%low 0.5%	10 yr+	0.7×	18%	—	FY2025
61	Zhuzhou Smelter Group Co Ltd 600961 · 上海	$3.4B	40/100 やや弱い	-286.8%low -3218.6%	7 yr	0.3×	5%	—	FY2025
62	Zhefu Holding Group Co Ltd 002266 · 深圳	$3.4B	40/100 やや弱い	9.9%low 2.2%	10 yr+	Net cash	18%	—	FY2025
63	Beijing GeoEnviron Engineering 603588 · 上海	$2.7B	40/100 やや弱い	9.4%low 5.3%	10 yr+	0.9×	23%	—	FY2025
64	China Merchants Energy Shipping Co Ltd 601872 · 上海	$19B	39/100 やや弱い	11.1%low 5.6%	10 yr+	0.6×	24%	—	FY2025
65	SDIC Power Holdings Co Ltd 600886 · 上海	$17B	39/100 やや弱い	10.5%low 4.8%	10 yr+	2.0×	39%	—	FY2025
66	Shanghai Precise Packaging Co Ltd 300442 · 深圳	$15B	39/100 やや弱い	16.7%low -33.2%	7 yr	0.4×	44%	—	FY2025
67	Zhejiang Huayou Cobalt Co Ltd 603799 · 上海	$11B	39/100 やや弱い	13.5%low 1.5%	10 yr+	0.6×	18%	—	FY2025
68	Inner Mongolia Xingye Mining Co Ltd 000426 · 深圳	$8.2B	39/100 やや弱い	6.7%low -3.6%	5 yr	Net cash	53%	—	FY2025
69	China Coal Xinji Energy Co Ltd 601918 · 上海	$3.4B	39/100 やや弱い	12.0%low 0.5%	10 yr+	1.2×	38%	—	FY2025
70	Western Mining Co Ltd 601168 · 上海	$13B	38/100 やや弱い	9.8%low -23.5%	7 yr	0.9×	15%	—	FY2025
71	Shaanxi Energy Investment Co Ltd. A 001286 · 深圳	$5.4B	38/100 やや弱い	8.3%low 2.3%	8 yr	0.6×	37%	—	FY2025
72	Ningbo Shuanglin Auto Parts 300100 · 深圳	$1.9B	38/100 やや弱い	1.8%low -54.4%	6 yr	0.2×	19%	—	FY2025
73	Beijing Urban Rural Commercial Group Co Ltd 600861 · 上海	$1.1B	38/100 やや弱い	6.1%low -3.3%	4 yr	Net cash	26%	—	FY2025
74	Chifeng Jilong Gold Mining Co Ltd 600988 · 上海	$11B	37/100 やや弱い	12.6%low -2.0%	7 yr	Net cash	32%	—	FY2025
75	Fujian Wanchen Biotechnology Co. Ltd 300972 · 深圳	$5.7B	36/100 やや弱い	19.3%low -12.8%	2 yr	—	17%	—	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.