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. market "China A-shares", market cap "Large $10–200B", profit streak "Full 10 yr" 필터 적용: 97 match(필터 지우기).

#	종목	Mkt Cap	Score▼	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A 300760 · 선전	$27B	95/100 최상위	30.1%low 21.4%	10 yr+	Net cash	64%	—	FY2025
2	Foshan Haitian Flavouring and Food Co Ltd 603288 · 상하이	$31B	92/100 최상위	26.3%low 17.0%	10 yr+	Net cash	41%	—	FY2025
3	Gongniu Group Co Ltd 603195 · 상하이	$11B	91/100 최상위	36.5%low 24.2%	10 yr+	Net cash	41%	—	FY2025
4	Midea Group Co Ltd 000333 · 선전	$94B	88/100 최상위	22.1%low 17.8%	10 yr+	Net cash	26%	—	FY2025
5	Hangzhou Hikvision Digital Technology Co Ltd 002415 · 선전	$48B	88/100 최상위	23.9%low 14.8%	10 yr+	Net cash	49%	—	FY2025
6	Inner Mongolia Yili Industrial Group Co Ltd 600887 · 상하이	$24B	88/100 최상위	21.5%low 15.9%	10 yr+	Net cash	34%	—	FY2025
7	Zhangzhou Pientzehuang Pharmaceutical Co Ltd 600436 · 상하이	$12B	88/100 최상위	20.3%low 14.8%	10 yr+	Net cash	44%	—	FY2025
8	Gree Electric Appliances Inc of Zhuhai 000651 · 선전	$33B	87/100 최상위	24.9%low 19.3%	10 yr+	Net cash	29%	—	FY2025
9	Hithink RoyalFlush Info Network 300033 · 선전	$25B	87/100 최상위	26.7%low 19.0%	10 yr+	Net cash	90%	—	FY2025
10	Henan Shuanghui Investment & Development Co Ltd 000895 · 선전	$13B	87/100 최상위	27.6%low 21.3%	10 yr+	Net cash	17%	—	FY2025
11	Anker Innovations Technology Co Ltd 300866 · 선전	$10B	87/100 최상위	26.6%low 15.9%	10 yr+	Net cash	45%	—	FY2025
12	Shanxi Xinghuacun Fen Wine Factory Co Ltd 600809 · 상하이	$22B	86/100 최상위	29.0%low 12.7%	10 yr+	Net cash	72%	—	FY2025
13	Aier Eye Hospital Group 300015 · 선전	$12B	86/100 최상위	17.4%low 14.2%	10 yr+	Net cash	49%	—	FY2025
14	Jiangsu Hengrui Medicine Co Ltd 600276 · 상하이	$50B	83/100 최상위	16.5%low 10.3%	10 yr+	Net cash	86%	—	FY2025
15	Luzhou Lao Jiao Co Ltd 000568 · 선전	$19B	83/100 최상위	24.6%low 16.9%	10 yr+	Net cash	81%	—	FY2025
16	Foxconn Industrial Internet Co Ltd 601138 · 상하이	$158B	82/100 최상위	22.0%low 15.0%	10 yr+	Net cash	8%	—	FY2025
17	Suzhou TFC Optical Communication Co Ltd 300394 · 선전	$26B	82/100 최상위	19.9%low 12.7%	10 yr+	Net cash	53%	—	FY2025
18	Avic Shenyang Aircraft Co Ltd 600760 · 상하이	$17B	82/100 최상위	19.2%low 9.5%	10 yr+	Net cash	10%	—	FY2025
19	NARI Technology Co Ltd 600406 · 상하이	$27B	81/100 최상위	15.3%low 14.2%	10 yr+	Net cash	27%	—	FY2025
20	Qingdao Haier Co Ltd 600690 · 상하이	$30B	79/100 우수	17.1%low 13.3%	10 yr+	0.1×	29%	—	FY2025
21	Fuyao Glass Industry Group Co Ltd Class A 600660 · 상하이	$22B	79/100 우수	17.2%low 12.0%	10 yr+	Net cash	37%	—	FY2025
22	Focus Media Information Technology Co Ltd 002027 · 선전	$11B	79/100 우수	31.9%low 13.5%	10 yr+	Net cash	67%	—	FY2025
23	Shenzhen Inovance Tech 300124 · 선전	$24B	76/100 우수	18.2%low 11.0%	10 yr+	Net cash	37%	Inovance Technology 심층 리서치2026년 6월 15일 · 보유	FY2025
24	Beijing Kingsoft Office Software In 688111 · 상하이	$18B	76/100 우수	15.1%low 6.6%	10 yr+	Net cash	88%	—	FY2025
25	Ningbo Deye Technology Co Ltd 605117 · 상하이	$15B	74/100 우수	36.6%low 21.9%	10 yr+	Net cash	29%	—	FY2025
26	Zhejiang Sanhua Co Ltd 002050 · 선전	$22B	73/100 우수	15.8%low 12.8%	10 yr+	Net cash	28%	—	FY2025
27	Yunnan Baiyao Group Co Ltd 000538 · 선전	$13B	73/100 우수	12.1%low 7.3%	10 yr+	Net cash	28%	—	FY2025
28	Sungrow Power Supply Co Ltd 300274 · 선전	$30B	72/100 우수	18.6%low 9.3%	10 yr+	Net cash	25%	Sungrow Power Supply: 경기순환 껍질 속의 고품질 성장2026년 6월 27일 · 보유	FY2025
29	Guangdong Haid Group Co Ltd 002311 · 선전	$11B	71/100 우수	16.7%low 11.3%	10 yr+	Net cash	10%	—	FY2025
30	China Shenhua Energy Co 601088 · 상하이	$139B	70/100 우수	13.4%low 8.0%	10 yr+	Net cash	36%	—	FY2025
31	Shaanxi Coal Industry Co Ltd 601225 · 상하이	$34B	70/100 우수	21.6%low 8.0%	10 yr+	Net cash	38%	—	FY2025
32	Tsingtao Brewery Co Ltd 600600 · 상하이	$11B	70/100 우수	11.6%low 6.4%	10 yr+	Net cash	38%	—	FY2025
33	China Yangtze Power Co Ltd 600900 · 상하이	$100B	69/100 우수	14.7%low 10.4%	10 yr+	1.3×	59%	—	FY2025
34	Shenzhen Transsion Holdings Co Ltd 688036 · 상하이	$10B	69/100 우수	20.3%low 3.2%	10 yr+	Net cash	21%	—	FY2025
35	Beijing Huafeng Test & Control Technology Co Ltd 688200 · 상하이	$10B	69/100 우수	19.5%low 7.6%	10 yr+	—	78%	—	FY2025
36	Zangge Holding Co Ltd 000408 · 선전	$18B	66/100 우수	18.2%low 2.9%	10 yr+	Net cash	61%	—	FY2025
37	Shennan Circuits Co Ltd Class A 002916 · 선전	$29B	65/100 우수	16.7%low 10.6%	10 yr+	0.1×	24%	—	FY2025
38	Luxshare Precision Industry Co Ltd 002475 · 선전	$62B	64/100 보통	18.8%low 10.3%	10 yr+	Net cash	16%	—	FY2025
39	Ningxia Baofeng Energy Group Co Ltd 600989 · 상하이	$24B	64/100 보통	19.7%low 14.7%	10 yr+	0.6×	39%	—	FY2025
40	CITIC Pacific Special Steel Group Co Ltd 000708 · 선전	$11B	64/100 보통	16.3%low 7.9%	10 yr+	0.4×	14%	—	FY2025
41	Weichai Power Co Ltd Class A 000338 · 선전	$34B	63/100 보통	14.3%low 6.7%	10 yr+	0.1×	20%	—	FY2025
42	Sieyuan Electric Co Ltd 002028 · 선전	$17B	63/100 보통	12.5%low 5.7%	10 yr+	Net cash	29%	—	FY2025
43	Zhejiang Nhu Co Ltd 002001 · 선전	$13B	63/100 보통	16.4%low 10.9%	10 yr+	Net cash	45%	—	FY2025
44	Chaozhou Three-circle Group Co Ltd 300408 · 선전	$30B	62/100 보통	13.6%low 8.7%	10 yr+	Net cash	46%	—	FY2025
45	Fuzhou Rockchip Electronics Co Ltd 603893 · 상하이	$11B	62/100 보통	13.5%low 4.4%	10 yr+	Net cash	38%	—	FY2025
46	Shengyi Technology Co Ltd 600183 · 상하이	$36B	61/100 보통	15.5%low 8.3%	10 yr+	0.0×	22%	—	FY2025
47	Avary Holding Shenzhen Co Ltd Class A 002938 · 선전	$26B	61/100 보통	13.3%low 9.8%	10 yr+	Net cash	20%	—	FY2025
48	Great Wall Motor Co Ltd 601633 · 상하이	$20B	61/100 보통	12.1%low 8.3%	10 yr+	Net cash	17%	—	FY2025
49	Montage Technology Co Ltd 688008 · 상하이	$35B	60/100 보통	14.5%low 4.4%	10 yr+	Net cash	66%	—	FY2025
50	East Money Information Co Ltd 300059 · 선전	$45B	59/100 보통	10.8%low 4.3%	10 yr+	Net cash	92%	—	FY2025
51	Sany Heavy Industry Co Ltd 600031 · 상하이	$26B	59/100 보통	13.1%low 0.9%	10 yr+	Net cash	28%	—	FY2025
52	Jiangsu Hengli Hydraulic Co Ltd 601100 · 상하이	$20B	59/100 보통	18.1%low 2.0%	10 yr+	Net cash	38%	—	FY2025
53	Eoptolink Technology Inc Ltd 300502 · 선전	$77B	58/100 보통	18.9%low 2.8%	10 yr+	Net cash	32%	—	FY2025
54	WUS Printed Circuit Kunshan Co Ltd 002463 · 선전	$28B	58/100 보통	16.3%low 3.9%	10 yr+	Net cash	25%	—	FY2025
55	Sichuan Chuantou Energy Co Ltd 600674 · 상하이	$11B	58/100 보통	12.1%low 9.9%	10 yr+	0.3×	44%	—	FY2025
56	Zijin Mining Group Co Ltd Class A 601899 · 상하이	$123B	57/100 보통	16.2%low 6.6%	10 yr+	0.5×	16%	—	FY2025
57	CITIC Securities Co Ltd 600030 · 상하이	$59B	57/100 보통	8.0%low 6.1%	10 yr+	0.1×	83%	—	FY2025
58	GF Securities Co Ltd 000776 · 선전	$23B	57/100 보통	8.1%low 5.1%	10 yr+	Net cash	76%	—	FY2025
59	Zhongjin Gold Corp Ltd 600489 · 상하이	$16B	57/100 보통	7.3%low 1.4%	10 yr+	0.1×	12%	—	FY2025
60	Inspur Electronic Info Industr 000977 · 선전	$15B	57/100 보통	9.8%low 5.9%	10 yr+	Net cash	10%	—	FY2025
61	Zhejiang Satellite Petrochemical Co Ltd 002648 · 선전	$12B	57/100 보통	16.0%low 9.2%	10 yr+	0.5×	23%	—	FY2025
62	Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia 002128 · 선전	$12B	57/100 보통	14.5%low 8.7%	10 yr+	0.1×	33%	—	FY2025
63	Accelink Technologies Co Ltd 002281 · 선전	$20B	56/100 보통	9.2%low 7.3%	10 yr+	Net cash	21%	—	FY2025
64	Will Semiconductor Co Ltd 603501 · 상하이	$16B	56/100 보통	13.2%low 2.6%	10 yr+	Net cash	25%	—	FY2025
65	Wanhua Chemical Group Co Ltd 600309 · 상하이	$33B	55/100 보통	27.3%low 13.8%	10 yr+	0.7×	33%	—	FY2025
66	GigaDevice Semiconductor(Beiji 603986 · 상하이	$37B	54/100 보통	12.5%low 1.1%	10 yr+	Net cash	37%	—	FY2025
67	Hengtong Optic Electric Co Ltd 600487 · 상하이	$16B	54/100 보통	11.9%low 5.3%	10 yr+	Net cash	16%	—	FY2025
68	S.F. Holding Co. Ltd 002352 · 선전	$26B	53/100 보통	11.7%low 5.1%	10 yr+	0.0×	16%	—	FY2025
69	Guangxi Guiguan Electric Power Co Ltd 600236 · 상하이	$12B	53/100 보통	14.1%low 6.7%	10 yr+	1.0×	48%	—	FY2025
70	Shandong Zhongji Electrical Equipment Co Ltd 300308 · 선전	$141B	51/100 보통	13.4%low 1.8%	10 yr+	Net cash	28%	이노라이트(중지쉬촹): 심층 가치투자 연구2026년 5월 21일 · 관찰	FY2025
71	Victory Giant Technology Huizhou Co Ltd 300476 · 선전	$26B	51/100 보통	13.7%low 8.8%	10 yr+	0.1×	24%	—	FY2025
72	China Tungsten and Hightech Materials Co Ltd 000657 · 선전	$17B	51/100 보통	7.5%low 0.4%	10 yr+	0.1×	19%	—	FY2025
73	Unisplendour Corp Ltd 000938 · 선전	$14B	51/100 보통	7.2%low 3.4%	10 yr+	0.6×	19%	—	FY2025
74	NAURA Technology Group Co Ltd 002371 · 선전	$70B	50/100 보통	9.4%low 2.9%	10 yr+	Net cash	39%	NAURA 테크놀로지 그룹 SUN-R 투자 분석2026년 6월 16일 · 관찰	FY2025
75	Yantai Jereh Oilfield Services Group Co Ltd 002353 · 선전	$19B	50/100 보통	10.1%low 0.9%	10 yr+	Net cash	32%	—	FY2025
76	Sichuan Road & Bridge Group Co Ltd 600039 · 상하이	$11B	50/100 보통	15.2%low 8.1%	10 yr+	0.7×	14%	—	FY2025
77	China Coal Energy Co Ltd 601898 · 상하이	$26B	49/100 다소 약함	8.4%low 2.4%	10 yr+	0.1×	26%	—	FY2025
78	China Jushi Co Ltd 600176 · 상하이	$21B	49/100 다소 약함	15.5%low 8.1%	10 yr+	0.4×	37%	—	FY2025
79	Aluminum Corp of China Ltd 601600 · 상하이	$23B	48/100 다소 약함	7.2%low 1.0%	10 yr+	0.5×	11%	—	FY2025
80	Hangzhou Chang Chuan Technology Co Ltd 300604 · 선전	$22B	48/100 다소 약함	12.3%low 1.2%	10 yr+	0.0×	54%	—	FY2025
81	XCMG Construction Machinery Co Ltd 000425 · 선전	$15B	48/100 다소 약함	8.8%low 1.0%	10 yr+	0.2×	19%	—	FY2025
82	Ningbo Tuopu Group Co Ltd 601689 · 상하이	$11B	48/100 다소 약함	12.0%low 6.2%	10 yr+	0.2×	24%	—	FY2025
83	Guangzhou Tinci Materials Technology Co Ltd 002709 · 선전	$10B	48/100 다소 약함	17.1%low 0.6%	10 yr+	Net cash	29%	—	FY2025
84	Huaneng Lancang River Hydropower Inc Class A 600025 · 상하이	$26B	47/100 다소 약함	9.1%low 1.5%	10 yr+	1.3×	53%	—	FY2025
85	Hengli Petrochemical Co Ltd 600346 · 상하이	$16B	47/100 다소 약함	19.8%low 4.4%	10 yr+	1.8×	13%	—	FY2025
86	BYD Co Ltd Class A 002594 · 선전	$122B	46/100 다소 약함	10.8%low 2.8%	10 yr+	0.1×	17%	—	FY2025
87	China Northern Rare Earth Group High-Tech Co Ltd 600111 · 상하이	$20B	46/100 다소 약함	11.5%low 1.1%	10 yr+	0.0×	16%	—	FY2025
88	EVE Energy 300014 · 선전	$17B	45/100 다소 약함	13.4%low 9.8%	10 yr+	0.6×	22%	—	FY2025
89	Goertek Inc 002241 · 선전	$11B	45/100 다소 약함	10.2%low 3.5%	10 yr+	Net cash	15%	—	FY2025
90	Xiamen Tungsten Co Ltd 600549 · 상하이	$10B	45/100 다소 약함	9.1%low 2.3%	10 yr+	0.0×	16%	—	FY2025
91	China Molybdenum Co Ltd Class A 603993 · 상하이	$58B	43/100 다소 약함	11.6%low 4.6%	10 yr+	Net cash	19%	—	FY2025
92	AVIC Chengdu Aircraft Co Ltd Class A 302132 · 선전	$22B	43/100 다소 약함	10.2%low 4.1%	10 yr+	0.0×	34%	—	FY2025
93	Sharetronic Data Technology Co Ltd 300857 · 선전	$17B	43/100 다소 약함	13.7%low 8.5%	10 yr+	2.1×	14%	—	FY2025
94	Zhejiang Juhua Co Ltd 600160 · 상하이	$15B	42/100 다소 약함	9.4%low 0.8%	10 yr+	0.1×	17%	—	FY2025
95	China Merchants Energy Shipping Co Ltd 601872 · 상하이	$19B	39/100 다소 약함	11.1%low 5.6%	10 yr+	0.6×	24%	—	FY2025
96	SDIC Power Holdings Co Ltd 600886 · 상하이	$17B	39/100 다소 약함	10.5%low 4.8%	10 yr+	2.0×	39%	—	FY2025
97	Zhejiang Huayou Cobalt Co Ltd 603799 · 상하이	$11B	39/100 다소 약함	13.5%low 1.5%	10 yr+	0.6×	18%	—	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.