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. Filtrado por score tier "Fraco", market "Hong Kong", No report yet: 14 match(limpar filtros).

# Ativo Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Relatório FY
1 Tencent Music Entertainment Group 1698 · Hong Kong $16B
49/100 Fraco
7.3%low 0.4% 10 yr+ Net cash 36% FY2025
2 Trip.com Group Ltd 9961 · Hong Kong $30B
48/100 Fraco
4.6%low -3.2% 4 yr Net cash 79% FY2025
3 CLP Holdings 0002 · Hong Kong $25B
45/100 Fraco
8.8%low 1.0% 10 yr+ 0.6× 28% FY2025
4 New Oriental Education And Tech Inc 9901 · Hong Kong $9.4B
45/100 Fraco
6.0%low -32.1% 4 yr Net cash 53% FY2025
5 CMOC Group Ltd 3993 · Hong Kong $47B
44/100 Fraco
11.6%low 4.6% 10 yr+ Net cash 19% FY2025
6 JD Logistics Inc 2618 · Hong Kong $12B
42/100 Fraco
-4.0%low -41.8% 3 yr Net cash 7% FY2025
7 Tongcheng-Elong Holdings Ltd 0780 · Hong Kong $4.3B
41/100 Fraco
5.6%low -0.9% 3 yr Net cash 68% FY2025
8 Meitu Inc 1357 · Hong Kong $2.7B
41/100 Fraco
-9.5%low -104.0% 4 yr Net cash 56% FY2025
9 Harbin Electric 1133 · Hong Kong $5.5B
39/100 Fraco
-0.4%low -35.8% 4 yr Net cash 10% FY2025
10 Kingsoft Corp Ltd 3888 · Hong Kong $4.6B
39/100 Fraco
3.9%low -31.0% 3 yr Net cash 71% FY2025
11 CGN Mining Co Ltd 1164 · Hong Kong $3.4B
39/100 Fraco
10.1%low 2.9% 10 yr+ 0.5× 12% FY2025
12 Alibaba Health Information Technology Ltd 0241 · Hong Kong $7.4B
37/100 Fraco
0.5%low -17.6% 4 yr Net cash 25% FY2026
13 Galaxy Entertainment Group Ltd 0027 · Hong Kong $19B
36/100 Fraco
9.7%low -5.9% 3 yr Net cash 45% FY2025
14 China Resources Power Holding 0836 · Hong Kong $13B
36/100 Fraco
8.9%low 2.4% 10 yr+ 1.9× 33% 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.