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 market "Hong Kong", Has report: 21 match(сбросить фильтры).

# Тикер Mkt Cap Score Baillie 10Y ROE Profit Streak Net Debt/Eq Gross Margin Отчёт FY
1 Hansoh Pharmaceutical Group Co Ltd 3692 · Гонконг $25B
94/100 Элита
53/100 26.3%low 11.4% 10 yr+ Net cash 91% Hansoh Pharmaceutical: One Molecule, One Royalty Book, and a Price That Already Pays for Both17 августа 2026 г. · Hold FY2025
2 ANTA Sports Products Ltd 2020 · Гонконг $28B
92/100 Элита
55/100 23.7%low 19.9% 10 yr+ Net cash 57% ANTA Sports: Other Brands Grew 59.2% While the Core Brand Managed 3.7%, and at HKD 74.50 the Shares Already Sit Above the HKD 68 Conservative Sum-of-the-Parts7 августа 2026 г. · Hold FY2025
3 Nongfu Spring Co Ltd 9633 · Гонконг $63B
89/100 Элита
54/100 36.6%low 25.1% 9 yr Net cash 58% Nongfu Spring: Tea Overtook Water Back in 2024 and Now Supplies 52% of Segment Profit, While HK$42.40 Sits 12% Above Conservative Value6 сентября 2026 г. · Hold FY2025
4 Techtronic Industries Co Ltd 0669 · Гонконг $31B
85/100 Элита
43/100 18.7%low 17.0% 10 yr+ 0.0× 39% Techtronic Industries: MILWAUKEE Compounds Near 10% While RYOBI Barely Grows, and HK$142.40 Offers No Conservative Margin of Safety15 августа 2026 г. · Hold FY2025
5 Tencent Holdings Ltd 0700 · Гонконг $548B
82/100 Элита
53/100 21.1%low 13.2% 10 yr+ Net cash 48% Tencent Holdings: A 12.8% Re-Rating on an Unconfirmed WeChat Agent, While Q1 Disclosed RMB8.8 Billion of AI Drag9 августа 2026 г. · Hold FY2025
6 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
7 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
8 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
9 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
10 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
11 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
12 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
13 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
14 Laopu Gold Co Ltd 6181 · Гонконг $7.2B
63/100 Средний
48/100 24.4%low 10.9% 6 yr 0.4× 44% Laopu Gold: A Zen Horizon Framework Deep Dive7 июня 2026 г. · Watch FY2025
15 Contemporary Amperex Technology Co., Limite 3750 · Гонконг $380B
62/100 Средний
59/100 16.7%low 8.7% 10 yr+ Net cash 29% CATL: глубокий разбор по методологии Zen Horizon Framework4 июня 2026 г. · Осторожно покупать FY2025
16 WuXi AppTec Co Ltd H 2359 · Гонконг $61B
62/100 Средний
51/100 15.9%low 9.1% 10 yr+ Net cash 40% WuXi AppTec Co., Ltd.: Chemistry Resets the Earnings Base, the U.S. Question Stays Open, and HK$199.10 Leaves No Conservative Discount12 августа 2026 г. · Hold FY2025
17 Xiaomi Corp 1810 · Гонконг $95B
56/100 Средний
48/100 12.8%low 1.7% 8 yr Net cash 16% Xiaomi Group Long-Term Owner-Oriented Research17 мая 2026 г. · Watch FY2025
18 WuXi Biologics 2269 · Гонконг $20B
56/100 Средний
52/100 13.2%low 6.3% 10 yr+ Net cash 43% WuXi Biologics Deep Dive: A Biologics CRDMO Where Manufacturing Delivery Runs Ahead While Valuation Is Held Back by a Geopolitical Discount12 июня 2026 г. · Hold FY2025
19 WuXi XDC Cayman Inc 2268 · Гонконг $8.8B
48/100 Слабоватый
48/100 17.4%low 5.2% 10 yr+ Net cash 30% WuXi XDC: масштабирование производственной сети ADC17 июня 2026 г. · Держать FY2025
20 Meitu Inc 1357 · Гонконг $2.7B
41/100 Слабоватый
52/100 -9.5%low -104.0% 4 yr Net cash 56% Meitu: The Delivery Test After Imaging Subscriptions Hit Their Stride14 июня 2026 г. · Hold FY2025
21 Kuaishou Technology 1024 · Гонконг $24B
32/100 Слабый
51/100 -108.0%low -585.3% 3 yr Net cash 43% Kuaishou Technology: A Deep Dive14 июня 2026 г. · Cautious Buy 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.