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 "Hong Kong", Has report: 8 match(сбросить фильтры).

# Тикер Mkt Cap Score Baillie 10Y ROE Profit Streak Net Debt/Eq Gross Margin Отчёт FY
1 Shenzhou International Group Holdings Ltd 2313 · Гонконг $8.6B
78/100 Сильный
44/100 17.2%low 12.1% 10 yr+ Net cash 28% Shenzhou International: 22.6% H1 Gross Margin and 75.9% Customer Concentration Leave No Conservative Margin of Safety at HK$36.581 сентября 2026 г. · Hold FY2025
2 Tingyi 0322 · Гонконг $8.6B
77/100 Сильный
33/100 18.3%low 6.8% 10 yr+ 0.1× 31% Tingyi: A Mature Cash Cow Whose Profit Growth Comes From Margin, Not Sales25 августа 2026 г. · Hold FY2025
3 Li Ning Co Ltd 2331 · Гонконг $4.9B
75/100 Сильный
43/100 15.0%low 10.2% 10 yr+ Net cash 49% Li Ning Company: 11 Times Trailing Earnings and Almost RMB20 Billion of Net Cash, Against a Q2 2026 Sell-Through Reversal8 августа 2026 г. · Hold FY2025
4 Pop Mart International Group Ltd 9992 · Гонконг $27B
68/100 Сильный
52/100 26.0%low 2.0% 9 yr Net cash 61% Pop Mart: A Deep Long-Term Value Study19 мая 2026 г. · Watch FY2025
5 Chow Tai Fook Jewellery Group Ltd 1929 · Гонконг $16B
68/100 Сильный
41/100 18.2%low 9.6% 10 yr+ 0.7× 27% Chow Tai Fook Jewellery Group: A Scale Leader in Transition, Priced Around Fair Value25 июня 2026 г. · Hold FY2026
6 Sunny Optical Technology Group Co Ltd 2382 · Гонконг $7.7B
68/100 Сильный
47/100 22.0%low 4.9% 10 yr+ Net cash 20% Sunny Optical: Other Products Supply a Third of Gross Profit on 18.4% of Revenue, but Handset Margin at 12.3% Leaves No Safety Margin at HKD 62.6027 августа 2026 г. · Watch FY2025
7 ENN Energy Holdings Ltd 2688 · Гонконг $6.7B
68/100 Сильный
39/100 16.5%low 12.3% 10 yr+ 0.2× 15% ENN Energy: A Lapsed HK$80 Buyout Left 7.1x Core Earnings and a 6.1% Yield, but Every Ancillary Segment Shrank in H1 and HK$49.48 Sits Above the HK$40 Ideal-Buy Ceiling16 сентября 2026 г. · Cautious Buy FY2025
8 Lenovo Group 0992 · Гонконг $38B
67/100 Сильный
43/100 21.6%low -3.0% 8 yr 0.0× 16% Lenovo Group (0992.HK) Zen Horizon Framework Deep-Dive Research9 июня 2026 г. · Watch FY2026

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.