
Health and Happiness (H&H) International Holdings Limited
H&H
Health and Happiness (H&H) International Holdings Limited is a multinational nutrition and wellness group dual-headquartered in Hong Kong and Melbourne, Australia. The company achieved CNY 14.30 billion (~USD 2.28 billion) in revenue in 2025 with a strong 10.3% year-on-year increase and net profit growth of 22.7%. Its crown jewel, the Swisse adult nutrition brand, surpassed USD 1 billion in global annual revenue in 2025 - exactly a decade after H&H acquired the Australian icon. The group operates a new 17,000 sqm National Operations Centre in Ravenhall, Victoria, with three fully automated production lines capable of producing 7 million bottles of supplements per year, and has achieved B Corp certification for environmental and social responsibility standards.
Strengths: (1) Swisse brand exceeding USD 1 billion in revenue establishes a rare global wellness milestone for a Chinese-controlled brand; (2) Tri-continental market presence across Asia, Australia, and Europe with 15+ country exports; (3) Best-in-class manufacturing: new Australian facility with 433kW solar array and rainwater recycling supports B Corp certification; (4) Successful cross-border brand M&A integration - the gold standard case study for Chinese overseas acquisition; (5) Strong growth with net profit up 22.7% and 10.3% revenue growth outpacing the broader VDS market.
Weaknesses: (1) High exposure to Australia's regulatory environment and TGA compliance costs; (2) Revenue concentration in ANC (adult nutrition care) brand Swisse creates single-brand risk; (3) Macro consumer spending pressure in China and Australia could impact premium pricing power.Read More ▼Show Less ▲
Strengths: (1) Swisse brand exceeding USD 1 billion in revenue establishes a rare global wellness milestone for a Chinese-controlled brand; (2) Tri-continental market presence across Asia, Australia, and Europe with 15+ country exports; (3) Best-in-class manufacturing: new Australian facility with 433kW solar array and rainwater recycling supports B Corp certification; (4) Successful cross-border brand M&A integration - the gold standard case study for Chinese overseas acquisition; (5) Strong growth with net profit up 22.7% and 10.3% revenue growth outpacing the broader VDS market.
Weaknesses: (1) High exposure to Australia's regulatory environment and TGA compliance costs; (2) Revenue concentration in ANC (adult nutrition care) brand Swisse creates single-brand risk; (3) Macro consumer spending pressure in China and Australia could impact premium pricing power.
In the press
All coverage →5 latest headlines1- Health and Happiness (H&H) International Holdings Ltd's Dividend Analysisfinance.yahoo.com2026-09-10
- Health and Happiness (H&H) International Holdings Limited (1112.HK) Company Profile & Facts - Yahoo Finance - Yahoo! Finance Canadaca.finance.yahoo.com2026-08-25
- Health and Happiness (H&H) International: Revenue up 23.9%, adjusted EBITDA up 71.9%, and net profit surged to RMB610.6 million - TradingViewwww.tradingview.com2026-08-25
- Health and Happiness (H&H) International Holdings Limited Financial Disclosures & Filings - TradingViewwww.tradingview.com2025-09-12
- Clifford Chance advises Health and Happiness on refinancing transactions - Clifford Chancewww.cliffordchance.com2025-02-03
Quick Facts
Headquarters
Hong Kong / Melbourne, Australia
Founded
1999
Employees
2,800
Revenue
CNY$14.3 B (~USD$2.3 B)
Factories
Melbourne (Ravenhall), Victoria, Australia (17,000 sqm National Operations Centre)
Listing
Listed - HKEX (1112.HK)
Categories
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Industry rankings
Data Sources & Methodology
This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.
VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.
Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.
Key references: Official Website , H and H Group H2 2025 Earnings Call - Investing.com, New National Operations Centre - Australian Manufacturing, B Corp Certification Support - Anthesis Group
