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 "Сильный", market "China A-shares", market cap "Large $10–200B": 18 match(сбросить фильтры).

# Тикер Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Отчёт FY
1 Qingdao Haier Co Ltd 600690 · Шанхай $30B
79/100 Сильный
17.1%low 13.3% 10 yr+ 0.1× 29% FY2025
2 Fuyao Glass Industry Group Co Ltd Class A 600660 · Шанхай $22B
79/100 Сильный
17.2%low 12.0% 10 yr+ Net cash 37% FY2025
3 Focus Media Information Technology Co Ltd 002027 · Шэньчжэнь $11B
79/100 Сильный
31.9%low 13.5% 10 yr+ Net cash 67% FY2025
4 Shenzhen Inovance Tech 300124 · Шэньчжэнь $24B
76/100 Сильный
18.2%low 11.0% 10 yr+ Net cash 37% Углубленное исследование Inovance Technology15 июня 2026 г. · Держать FY2025
5 Beijing Kingsoft Office Software In 688111 · Шанхай $18B
76/100 Сильный
15.1%low 6.6% 10 yr+ Net cash 88% FY2025
6 Ningbo Deye Technology Co Ltd 605117 · Шанхай $15B
74/100 Сильный
36.6%low 21.9% 10 yr+ Net cash 29% FY2025
7 Zhejiang Sanhua Co Ltd 002050 · Шэньчжэнь $22B
73/100 Сильный
15.8%low 12.8% 10 yr+ Net cash 28% FY2025
8 Yunnan Baiyao Group Co Ltd 000538 · Шэньчжэнь $13B
73/100 Сильный
12.1%low 7.3% 10 yr+ Net cash 28% FY2025
9 Sungrow Power Supply Co Ltd 300274 · Шэньчжэнь $30B
72/100 Сильный
18.6%low 9.3% 10 yr+ Net cash 25% Sungrow Power Supply: качественный рост в циклической оболочке27 июня 2026 г. · Держать FY2025
10 Guangdong Haid Group Co Ltd 002311 · Шэньчжэнь $11B
71/100 Сильный
16.7%low 11.3% 10 yr+ Net cash 10% FY2025
11 China Shenhua Energy Co 601088 · Шанхай $139B
70/100 Сильный
13.4%low 8.0% 10 yr+ Net cash 36% FY2025
12 Shaanxi Coal Industry Co Ltd 601225 · Шанхай $34B
70/100 Сильный
21.6%low 8.0% 10 yr+ Net cash 38% FY2025
13 Tsingtao Brewery Co Ltd 600600 · Шанхай $11B
70/100 Сильный
11.6%low 6.4% 10 yr+ Net cash 38% FY2025
14 China Yangtze Power Co Ltd 600900 · Шанхай $100B
69/100 Сильный
14.7%low 10.4% 10 yr+ 1.3× 59% FY2025
15 Shenzhen Transsion Holdings Co Ltd 688036 · Шанхай $10B
69/100 Сильный
20.3%low 3.2% 10 yr+ Net cash 21% FY2025
16 Beijing Huafeng Test & Control Technology Co Ltd 688200 · Шанхай $10B
69/100 Сильный
19.5%low 7.6% 10 yr+ 78% FY2025
17 Zangge Holding Co Ltd 000408 · Шэньчжэнь $18B
66/100 Сильный
18.2%low 2.9% 10 yr+ Net cash 61% FY2025
18 Shennan Circuits Co Ltd Class A 002916 · Шэньчжэнь $29B
65/100 Сильный
16.7%low 10.6% 10 yr+ 0.1× 24% 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.