H&H国际控股二零二五年年报

Health and Happiness (H&H) International Holdings Limited健合(H&H)國際控股有限公司(Incorporated in the Cayman Islands with limited liability)(於開曼群島註冊成立之有限公司)(Stock Code股份代號：1112) 24611233055808687899193202 公 司資 料 Laetitia Marie Edmee Jehanne Albertini*Mingshu Zhao Wiggins Cricket SquareHutchins DriveP.O. Box 2681Grand Cayman KY1-1111Cayman Islands 18404007-09 18404007-09 www.hh.global 1 Laetitia AlbertiniPascale Laborde *Laetitia Albertini 公 司資 料 97927 Suntera (Cayman) LimitedSuite 3204, Unit 2ABlock 3, Building DP.O. Box 1586Gardenia CourtCamana BayGrand Cayman, KY1-1100Cayman Islands 183171712-1716 *EBITDAEBITDAEBITDA228.3286.049.6260.5 **EBITDA277.9546.5190.148.4 財 務摘 要 主 席報 告 (H&H) 110.3%EBITDA14.3%22.7% Swisse2Swisse34 13.3%17.1%5 15.0%8.7%14.3% 3.993.45617 0.160.190.3530.0% 主 席報 告 48.4%13.3%5.5%6.9% Swissemega-brandSwisse PlusLittle Swisse Swisse Plus Swisse671.4%29.7% 18.9%82.0%Swisse7 5.5%Swisse8SwisseSwisse Magnesium GlycinateLittle SwisseLittle Swisse Kids GummiesHere Life Comes20.6% 910 主 席報 告 28.3% 1237.7%37.9%113 17.1%1219.5%13 2.0%49.2%62.1%12 14.3% Zesty Paws12.8%ChewyPetSmartPetco TractorSupplyTargetCVSMenardsZesty PawsSolid Gold13.1%Solid Gold83.1%37.4%Zesty PawsSolid Gold20,0004,000 主 席報 告 8.6%Solid Gold35.5% 3.530064499635317.1 82.2% Swisse 主 席報 告 3 Zesty PawsSolid Gold37.0%Solid Gold 管 理 層討 論 及 分 析 10.0%10.3%114,353.6 管 理 層討 論 及 分 析 10,201.517.5%71.1%66.6% 13.3%70.7%SwisseSwisse PlusLittle SwisseSwisse3 18.9%82.0%71.4%29.7% 22.7%28.3% 2.0% 8.6%SolidGold35.5%Solid Gold 管 理 層討 論 及 分 析 7.5%12.1% Zesty Paws12.8%ChewyPetSmartPetco Tractor Supply TargetCVSMenardsZesty PawsSolid Gold13.1%Solid Gold83.1%37.4% 20.2%11.0%5.8%SwisseSwisseMagnesium GlycinateLittle SwisseLittle Swisse Kids GummiesHere Life Comes 14.7%53.9% 管 理 層討 論 及 分 析 8,963.713.2%60.6%62.4%Solid GoldAurelia65.161.1%62.4% 65.0%67.9%(i)(ii) 58.1%57.4% 51.6%57.2% 62.523.611.6 12.3%6,056.841.3%42.2%178.439.9%42.2% 管 理 層討 論 及 分 析 2,969.214.3%38.8%42.7% 31.7%35.2%7.1%7.5% 2,091.88.7%43.9%39.8% 14.5%15.0%29.4%24.8% 995.814.5%44.1%46.3% 14.4%15.4%29.7%30.9% 管 理 層討 論 及 分 析 779.47.4%837.36.0%5.8% 466.0216.2Good Goût106.583.717.4 11.0%1.9%1.5% 83.7 管 理 層討 論 及 分 析 EBITDAEBITDA EBITDA1,952.35.0%2,050.5EBITDA15.0%14.3%EBITDA(i)(ii)(iii) EBITDA1,405.826.1%1,772.6 EBITDAEBITDA EBITDA EBITDA 管 理 層討 論 及 分 析 909.91.2%(i)676.9(ii)224.4(iii) 548.316.2%45.96%6.96% 250.546.5%367.042.5%38.8%127.3%65.2% Biostime Healthy Australia Pty LtdBHA BHA1,000BHABHA1989 BHA(i)234.51,099.6(ii)55.2258.8(iii)117.3550.0 管 理 層討 論 及 分 析 Biostime Healthy Australia Pty LtdBHA BHABHABHA104487.9 BHABHABHABHABHA 管 理 層討 論 及 分 析 EBITDA 1,536.81,805.1268.3EBITDA564.378.3(i)368.3(ii)83.7 126.894.440.0 1,352.93,500.8537.249.22,856.4 管 理 層討 論 及 分 析 8,894.11,078.8(i)6,079.9741.7(ii)2,158.683.7(iii)410.88.6(iv)244.8180 49.3%45.8%3.993.45 30903090 27236864 150129141128160127152138 管 理 層討 論 及 分 析 500 0.160.190.3530.0% 履 歷 62Swisse Wellness Group Pty LtdSwisseHealth and HappinessFrance HoldingHealth and Happiness FranceHealth and Happiness (H&H) Italy S.R.LHealth and Happiness ItalySolid Gold Pet, LLCSolid GoldHealth and Happiness (H&H) US LLCHealth and Happiness USZesty PawsLLCColiving Holdings LimitedColiving HoldingsBiostime Pharmaceuticals (China)Limited571XV2374 52SwisseSolid GoldHealth andHappiness USHenkelAG & Co. KGaA14LG.LG.PhilipsNew York University Stern School of Business 履 歷 Laetitia Albertini46AlbertiniLaetitia AlbertiniSwisseSwisseHealth and Happiness FranceHealth and Happiness ItalySolid Gold Health and Happiness USBanque Populaire GroupLVMH GroupInstitute of Political Studies inParis 61Coliving HoldingsXV2374University of Nebraska-LincolnXoma (US) LLCOsaka UniversityUniversity of Chicago 履 歷 65Coliving HoldingsXV2374 Mingshu Zhao Wiggins42ZhaoPROVEN GroupNerdWallet, Inc.NRDSPacific Alternative Asset Management CompanyBain CapitalBoston Consulting GroupZhaoHarvard Business SchoolEmoryUniversity 履 歷 70136817888415871099Renesola LtdSOL7 Days Group Holdings Limited7 Days Group Holdings Limited7 Days Group Holdings LimitedAFE Computer Services LimitedInfocast PtyLimited2331 71University of LeedsUniversity of Hong Kong 履 歷 57JS169119996005451528106600299Jaccar Holdings000596TCL000100MagIndustries Corp.MAABordeaux IV UniversityUniversity of PoitiersHECHEC School of Management Akash Bedi42BediBediSwisseSolid GoldZestyPawsAkashBediManipal Institute ofTechnologyCardiff Business School 履 歷 41 41Downy Unstoppable Nicholas Russell Lamande Mann52MannMannFosters Group Treasury Wine EstatesMannThe University of Melbourne Pascale Laborde46LabordeGood GoûtGroup YumLabordeHautes EtudesCommerciales 履 歷 Christian Sim52GNT InternationalTreasury Wine EstatesFosters GroupMonash UniversityThe University of Melbourne 42University of Cambridge Institute forSustainability Leadership 13.51B(1) 1. 13.51B(1) 企 業管 治 報 告 C1* 企 業管 治 報 告 C3 企 業管 治 報 告 12329 Laetitia