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 "Mid $2–10B", Has report 필터 적용: 17 match(필터 지우기).

#	종목	Mkt Cap	Score▼	Baillie	10Y ROE	Profit Streak	Net Debt/Eq	Gross Margin	리포트	FY
1	Xiamen Faratronic Co Ltd 600563 · 상하이	$4.3B	86/100 최상위	41/100	20.2%low 17.3%	10 yr+	Net cash	39%	Xiamen Faratronic: 95% Film-Capacitor Purity, a 38.6%-to-32.1% Margin Reset, and CNY 123.01 Inside the Hold Band2026년 9월 13일 · Hold	FY2025
2	Lao Feng Xiang Co Ltd A 600612 · 상하이	$2.6B	83/100 최상위	33/100	18.4%low 11.6%	10 yr+	Net cash	8%	Lao Feng Xiang: 499 Franchise Closures and a 10.6% Jewellery Gross Margin, While the Shares at CNY 34.87 Sit 9% Above the CNY 31.9 Conservative Value2026년 8월 9일 · Hold	FY2025
3	Shandong Himile Mechanical Science & Technology Co Ltd 002595 · 선전	$8.5B	82/100 최상위	47/100	18.1%low 16.2%	10 yr+	Net cash	33%	Himile: A 40%-Margin Tire-Mould Franchise Is Funding Two Adjacencies That Have Not Yet Earned Their Keep2026년 8월 19일 · Hold	FY2025
4	Hongfa Technology Co Ltd 600885 · 상하이	$7.7B	79/100 우수	45/100	16.0%low 13.9%	10 yr+	Net cash	37%	Hongfa Technology: 3.464bn Relays, a 32% Top Line That Yielded CNY 114m of Cash, and CNY 34.73 at the Hold-Band Floor2026년 9월 16일 · Hold	FY2025
5	Zhejiang CFMoto Power Co Ltd 603129 · 상하이	$6.6B	78/100 우수	48/100	18.2%low 10.8%	10 yr+	Net cash	29%	CFMOTO: Four-Wheeler Revenue Up 51% but H1 Profit Up Only 6%, and CNY 296.88 at 24-25x Normalized Earnings Leaves No Margin of Safety2026년 9월 17일 · Hold	FY2025
6	Zhejiang Dingli Mach Co Ltd 603338 · 상하이	$4.2B	76/100 우수	44/100	17.3%low 12.9%	10 yr+	Net cash	37%	Zhejiang Dingli: H1 Revenue Grew 24.9% and Its 20.6% EU Duty Beats Rivals at 35–49%, but Cash Conversion Fell to 0.32x and CNY 53.87 Sits 28% Above the CNY 42 Conservative Value Ahead of Final U.S. Duty Rulings2026년 9월 18일 · Watch	FY2025
7	Hundsun Technologies Inc 600570 · 상하이	$6.1B	71/100 우수	41/100	18.1%low 0.8%	10 yr+	Net cash	82%	Hundsun Technologies: 2026 H1 Revenue Fell 11.6% While Profit Rose 0.69%, Associates Supplied CNY106.3m of Q1 Investment Income, and CNY22.12 Leaves No Conservative Margin of Safety2026년 8월 16일 · Hold	FY2025
8	Zhejiang Dahua Technology Co Ltd 002236 · 선전	$7.7B	70/100 우수	41/100	16.8%low 8.1%	10 yr+	Net cash	45%	Dahua: 10% H1 Growth and a 43% Gross Margin Are Real, but CNY 15.72 Sits Above Conservative Value While FCC Component Rules and a CNY 8.568bn Inventory Build Leave No Margin of Safety2026년 9월 17일 · Hold	FY2025
9	Zhengzhou Yutong Bus Co Ltd 600066 · 상하이	$10.0B	67/100 우수	42/100	16.7%low 3.4%	10 yr+	Net cash	23%	Yutong Bus: A 29.62% Overseas Gross Margin Against 19.09% at Home Carried H1 Core Profit Up 15.83%, but 7m+ Share Fell to 28.69% and CNY 30.40 Sits Above the CNY 27 Conservative Value2026년 8월 27일 · Hold	FY2025
10	Shenzhen Envicool Technology Co Ltd 002837 · 선전	$8.3B	66/100 우수	47/100	12.9%low 10.0%	10 yr+	Net cash	32%	Envicool 심층 리서치2026년 6월 14일 · 관찰	FY2025
11	Red Avenue New Materials Group Co Ltd 603650 · 상하이	$4.7B	58/100 보통	45/100	16.5%low 9.8%	10 yr+	0.4×	29%	Tongcheng New Material: A Long-Term Business Owner's Study2026년 5월 20일 · Watch	FY2025
12	Henan Pinggao Electric Co Ltd 600312 · 상하이	$3.7B	58/100 보통	34/100	5.9%low 0.8%	10 yr+	Net cash	18%	Pinggao Electric: The Cleanest UHV Switchgear Play, But Orders Are Not Yet Revenue2026년 7월 4일 · Hold	FY2025
13	Anji Microelectronics Tech Co Ltd 688019 · 상하이	$7.6B	57/100 보통	52/100	15.4%low 7.4%	10 yr+	Net cash	58%	Anji Microelectronics: A High-Quality Compounder, but a Better Company Than Stock2026년 6월 29일 · Watch	FY2025
14	Ningbo Orient Wires and Cables Co Ltd 603606 · 상하이	$4.8B	56/100 보통	47/100	15.4%low 3.2%	10 yr+	Net cash	21%	Ningbo Orient Wires & Cables: A Real Submarine-Cable Moat Priced for Flawless Backlog Conversion2026년 7월 17일 · Watch	FY2025
15	Western Superconducting Tech Co Ltd 688122 · 상하이	$4.8B	50/100 보통	43/100	10.9%low 6.2%	10 yr+	Net cash	33%	Western Superconducting: A Long-Term Enterprise Value Analysis2026년 5월 21일 · Watch	FY2025
16	Zhejiang Shuanghuan Driveline Co Ltd 002472 · 선전	$4.6B	46/100 다소 약함	44/100	7.2%low 1.4%	10 yr+	0.1×	21%	Zhejiang Shuanghuan Driveline: A Precision-Gear Cash Engine Carrying a Still-Optional Robot-Reducer Bet2026년 6월 25일 · Hold	FY2025
17	Jiangsu Nata Opto Electr Material 300346 · 선전	$4.8B	44/100 다소 약함	43/100	6.1%low 0.6%	10 yr+	Net cash	39%	Nata Opto-electronic: A Value-Investing Deep Dive2026년 5월 20일 · Watch	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.