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. Отфильтровано по score tier "Элита", market "Hong Kong", profit streak "≥5 yr": 9 match(сбросить фильтры).

# Тикер Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Отчёт FY
1 Hansoh Pharmaceutical Group Co Ltd 3692 · Гонконг $25B
94/100 Элита
26.3%low 11.4% 10 yr+ Net cash 91% FY2025
2 NetEase Inc 9999 · Гонконг $85B
92/100 Элита
22.0%low 13.6% 10 yr+ Net cash 57% FY2025
3 ANTA Sports Products Ltd 2020 · Гонконг $28B
92/100 Элита
23.7%low 19.9% 10 yr+ Net cash 57% FY2025
4 Nongfu Spring Co Ltd 9633 · Гонконг $63B
89/100 Элита
36.6%low 25.1% 9 yr Net cash 58% FY2025
5 Midea Group Co., Ltd. 0300 · Гонконг $97B
88/100 Элита
22.1%low 17.8% 10 yr+ Net cash 26% FY2025
6 Techtronic Industries Co Ltd 0669 · Гонконг $31B
85/100 Элита
18.7%low 17.0% 10 yr+ 0.0× 39% FY2025
7 Hong Kong Exchange and Clearing Ltd 0388 · Гонконг $66B
84/100 Элита
22.9%low 17.9% 10 yr+ Net cash 78% FY2025
8 Tencent Holdings Ltd 0700 · Гонконг $548B
82/100 Элита
21.1%low 13.2% 10 yr+ Net cash 48% Tencent Holdings: углубленное исследование28 мая 2026 г. · Осторожно покупать FY2025
9 Haier Smart Home Co Ltd 6690 · Гонконг $27B
81/100 Элита
18.0%low 13.3% 10 yr+ 0.1× 30% 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.