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 "Слабоватый", market cap "Small <$2B", profit streak "Full 10 yr": 14 match(сбросить фильтры).

# Тикер Mkt Cap Score 10Y ROE Profit Streak Net Debt/Eq Gross Margin Отчёт FY
1 Jiangxi Hongcheng Waterworks Co Ltd 600461 · Шанхай $1.7B
49/100 Слабоватый
11.7%low 7.5% 10 yr+ 0.5× 27% FY2025
2 REX American Resources Corporation REX · США $1.4B
49/100 Слабоватый
8.5%low 0.8% 10 yr+ Net cash 10% FY2026
3 Wuxi Zhenhua Auto Parts Co. Ltd. 605319 · Шанхай $1.1B
49/100 Слабоватый
12.0%low 5.2% 10 yr+ 0.2× 21% FY2025
4 Zhejiang Xinao Textiles Inc 603889 · Шанхай $765M
49/100 Слабоватый
10.6%low 6.0% 10 yr+ 0.2× 18% FY2025
5 Photronics Inc PLAB · США $1.8B
47/100 Слабоватый
8.0%low 1.8% 10 yr+ Net cash 28% FY2025
6 Xinjiang Guannong Fruit & Antler Group Co Ltd 600251 · Шанхай $1.0B
47/100 Слабоватый
8.9%low 1.4% 10 yr+ 0.2× 10% FY2025
7 Virtus Investment Partners, Inc. VRTS · США $1.1B
46/100 Слабоватый
13.2%low 6.1% 10 yr+ 2.5× 62% FY2025
8 Xiamen International Airport Co Ltd 600897 · Шанхай $864M
46/100 Слабоватый
9.0%low 0.7% 10 yr+ Net cash 31% FY2025
9 China Kings Resources Group Co 603505 · Шанхай $1.9B
45/100 Слабоватый
17.3%low 10.6% 10 yr+ 1.0× 41% FY2025
10 Milkyway Chemical Supply Chain Service Co Ltd 603713 · Шанхай $1.4B
45/100 Слабоватый
12.8%low 9.0% 10 yr+ 0.7× 15% FY2025
11 Henan Yuguang Gold & Lead Co Ltd 600531 · Шанхай $2.0B
44/100 Слабоватый
9.3%low 4.0% 10 yr+ 0.9× 4% FY2025
12 Costamare Inc CMRE · США $1.9B
41/100 Слабоватый
12.4%low 0.7% 10 yr+ 0.5× 45% FY2025
13 Saul Centers Inc BFS · США $1.2B
40/100 Слабоватый
12.0%low 0.7% 10 yr+ 5.2× 70% FY2025
14 Willis Lease Finance Corporation WLFC · США $1.7B
39/100 Слабоватый
11.5%low 0.9% 10 yr+ 3.7× 65% 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.