Equity Analyst

Steve Zhou, CFA

Over 13 years of professional experience covering mainly Asian consumer companies in sell-side and buy-side.

Equity Bottom-Up

Health And Happiness (H&H) / Equity Bottom-Up

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<li>
<a href="https://www.smartkarma.com/entities/health-and-happiness-h-h-int" target="_blank" data-smartkarma-citation="entities:20582:1" rel="noopener">Health And Happiness (H&amp;H) (1112 HK)</a> has transformed from an infant formula company to a nutritional supplements company.</li>
<li>The company currently trades at 5.3x 2024E PE - still valued as a Chinese infant formula company and not a growing and more global nutritional supplements company.</li>
<li>As the company continues to deliver growth in the nutritional supplements business, rerating will come eventually. </li>
</ul>



Health And Happiness (H&amp;H) (1112 HK) has transformed from an infant formula company to a nutritional supplements company.
The company currently trades at 5.3x 2024E PE - still valued as a Chinese infant formula company and not a growing and more global nutritional supplements company.
As the company continues to deliver growth in the nutritional supplements business, rerating will come eventually. 


Health And Happiness (1112 HK):  Strong Growth From Nutritional Supplements