SEHK:1112

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Health and Happiness (H&H) International Holdings

Executive Summary

Health and Happiness (H&H) International Holdings Limited, an investment holding company, manufactures and sells family nutrition and baby care products in Mainland China, Australia, New Zealand, and internationally. More Details


Snowflake Analysis

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Health and Happiness (H&H) International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1112 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.9%

1112

-1.6%

HK Food

-0.7%

HK Market


1 Year Return

4.8%

1112

8.9%

HK Food

0.4%

HK Market

Return vs Industry: 1112 underperformed the Hong Kong Food industry which returned 7.5% over the past year.

Return vs Market: 1112 exceeded the Hong Kong Market which returned 0.3% over the past year.


Shareholder returns

1112IndustryMarket
7 Day1.9%-1.6%-0.7%
30 Day-5.1%1.3%4.9%
90 Day-1.6%3.6%1.2%
1 Year9.4%4.8%12.5%8.9%4.6%0.4%
3 Year-18.9%-23.2%30.4%19.3%-7.1%-17.2%
5 Year99.4%88.8%43.7%27.1%15.0%-4.5%

Price Volatility Vs. Market

How volatile is Health and Happiness (H&H) International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Health and Happiness (H&H) International Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1112 (HK$31.5) is trading below our estimate of fair value (HK$67.55)

Significantly Below Fair Value: 1112 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1112 is poor value based on its PE Ratio (17.3x) compared to the HK Food industry average (13.1x).

PE vs Market: 1112 is poor value based on its PE Ratio (17.3x) compared to the Hong Kong market (11x).


Price to Earnings Growth Ratio

PEG Ratio: 1112 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 1112 is overvalued based on its PB Ratio (3x) compared to the HK Food industry average (0.8x).


Next Steps

Future Growth

How is Health and Happiness (H&H) International Holdings forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?

18.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1112's forecast earnings growth (18.3% per year) is above the savings rate (1.6%).

Earnings vs Market: 1112's earnings (18.3% per year) are forecast to grow slower than the Hong Kong market (22.2% per year).

High Growth Earnings: 1112's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1112's revenue (10.4% per year) is forecast to grow slower than the Hong Kong market (13.2% per year).

High Growth Revenue: 1112's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1112's Return on Equity is forecast to be high in 3 years time (22.3%)


Next Steps

Past Performance

How has Health and Happiness (H&H) International Holdings performed over the past 5 years?

16.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1112 has high quality earnings.

Growing Profit Margin: 1112's current net profit margins (9.2%) are lower than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: 1112's earnings have grown by 16.3% per year over the past 5 years.

Accelerating Growth: 1112's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1112 had negative earnings growth (-13.8%) over the past year, making it difficult to compare to the Food industry average (4.7%).


Return on Equity

High ROE: 1112's Return on Equity (17.2%) is considered low.


Next Steps

Financial Health

How is Health and Happiness (H&H) International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1112's short term assets (CN¥6.4B) exceed its short term liabilities (CN¥3.7B).

Long Term Liabilities: 1112's short term assets (CN¥6.4B) do not cover its long term liabilities (CN¥7.6B).


Debt to Equity History and Analysis

Debt Level: 1112's debt to equity ratio (111.7%) is considered high.

Reducing Debt: 1112's debt to equity ratio has increased from 89.1% to 111.7% over the past 5 years.

Debt Coverage: 1112's debt is well covered by operating cash flow (28.2%).

Interest Coverage: 1112's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Health and Happiness (H&H) International Holdings's current dividend yield, its reliability and sustainability?

3.97%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1112's dividend (3.97%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 1112's dividend (3.97%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.9%).


Stability and Growth of Payments

Stable Dividend: 1112's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1112's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (84.9%), 1112's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1112's dividends in 3 years are forecast to be covered by earnings (51.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Albertini Garnier (40 yo)

1.58yrs

Tenure

CN¥24,719,000

Compensation

Mrs. Laetitia Marie Edmee Jehanne E. P. Garnier, also known as Albertini has been the Chief Executive Officer of Health and Happiness (H&H) International Holdings Ltd since March 19, 2019 and has been its ...


CEO Compensation Analysis

Compensation vs Market: Albertini's total compensation ($USD3.69M) is above average for companies of similar size in the Hong Kong market ($USD588.13K).

Compensation vs Earnings: Albertini's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Fei Luo
Chairman of the Boardno dataCN¥6.23m0.18%
CN¥ 36.6m
Laetitia Marie Edmee Jehanne E. P. Garnier
CEO & Executive Director1.58yrsCN¥24.72m0.10%
CN¥ 20.3m
Yidong Wang
CFO & Executive Director2.67yrsCN¥11.78m0.025%
CN¥ 5.1m
Matthew Roberts
Chief Technology Officer0.67yrno datano data
Joy Tsai
Director of Investor Relationsno datano datano data
Qizhang Zhang
GM of the New Business Development Department & Acting Chief People Officer3.33yrsno datano data
Charles Ravel
Managing Director of BNC International Division3.75yrsno datano data
Pascale Laborde
Global Chief Executive Officer at Good Goût1.58yrsno datano data
Howell Wong
Chief Consumer Officer1yrno datano data
Wenyun Yang
Senior Director of the Listing Affairs & Risk Management Department and Company Secretary10.25yrsno datano data
Dingping Zhu
China Managing Director of Baby Nutrition & Care5yrsno datano data
Tom Coleman
Chief Financial Officer of Swisse4.58yrsno datano data

3.5yrs

Average Tenure

44yo

Average Age

Experienced Management: 1112's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Fei Luo
Chairman of the Boardno dataCN¥6.23m0.18%
CN¥ 36.6m
Laetitia Marie Edmee Jehanne E. P. Garnier
CEO & Executive Director1.58yrsCN¥24.72m0.10%
CN¥ 20.3m
Yidong Wang
CFO & Executive Director2.67yrsCN¥11.78m0.025%
CN¥ 5.1m
Wee Seng Tan
Independent Non-Executive Director10.25yrsCN¥1.39m0.0093%
CN¥ 1.9m
Wenhui Zhang
Non-Executive Director10.42yrsCN¥120.00kno data
Yun Luo
Non-Executive Director10.42yrsCN¥120.00kno data
Can Wang
Independent Non-Executive Director0.58yrno datano data
Lau Yin Ching Lok
Independent Non-Executive Director0.58yrno datano data

2.7yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 1112's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Health and Happiness (H&H) International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Health and Happiness (H&H) International Holdings Limited
  • Ticker: 1112
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: HK$19.877b
  • Shares outstanding: 644.30m
  • Website: https://www.hh.global

Number of Employees


Location

  • Health and Happiness (H&H) International Holdings Limited
  • One Island East
  • Suites 4007-09, 40th Floor
  • Quarry Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1112SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2010
8BIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2010
BTSD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2010
1112SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2010
1112SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2010

Biography

Health and Happiness (H&H) International Holdings Limited, an investment holding company, manufactures and sells family nutrition and baby care products in Mainland China, Australia, New Zealand, and inter ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/28 12:45
End of Day Share Price2020/10/28 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.