Lucror Analytics

Lucror Analytics is a leading credit and ESG research specialist and a provider of technology solutions for differentiated fixed income strategies. Our roots are in bottom-up fundamental credit analysis with a specialization in high yield corporate credits from Europe, Asia and Latin America. We are one of few research specialists integrating ESG considerations with fundamental credit research through a dedicated ESG platform. Our ESG assessment covers five key criteria: Disclosure, E,S, & G Pillars, Controversies, ESG Impact on Credit and ESG Momentum.

Recognizing the importance and value-add of Factor Investing in fixed income, Lucror developed the Smart Quant Navigator (SQN), an intuitive platform that helps clients devise and implement factor-based strategies ranging from pure quant to active fundamental, with integrated ESG.

Our company has been at the forefront of developments in the fixed income markets, identifying opportunities and consistently delivering new products and value-adding solutions to clients. Lucror has close relationships with the largest and most reputable asset managers, family offices, hedge funds, investment and wealth managers globally.

High Yield Experts

Credit Analyst, Lucror Analytics

Chuanyi Zhou

Credit Analyst

Credit

We view H&H International as “Medium Risk” on the LARA scale. The company has a sound business profile, with stable branded products in the Baby Nutrition & Care (BNC) and Adult Nutrition & Care (ANC) markets. H&H's strong distribution channels support cross-border and e-commerce sales strategies. Balancing these positive factors are risks associated with the integration of Swisse, along with the fragmented and competitive Chinese market. Our fundamental Credit Bias is "Positive", due to the solid business fundamentals, growing brand awareness and improvement in the regulatory environment. The integration with Swisse seems to be proceeding smoothly, and supports H&H's business and financial profiles. We view positively the company’s steady cash flow from operations, which should support gradual deleveraging. We view H&H as “Moderate” on the LAGA scale. We view positively the structure of the Board of Directors, despite the exit of Swisse CEO Radek Sali. The NEDs have a decent mix of company and industry experience. The INEDs include Ngai Wai Fung, a professional consultant in corporate governance. We also note the solid spread of shareholders, with no two individuals’ holdings adding up to more than a 50% interest.

   We view H&H International as “Medium Risk” on the LARA scale. The company has a sound business profile, with stable branded products in the Baby Nutrition & Care (BNC) and Adult Nutrition & Care (ANC) markets. H&H's strong distribution channels support cross-border and e-commerce sales strategies. Balancing these positive factors are risks associated with the integration of Swisse, along with the fragmented and competitive Chinese market.    Our fundamental Credit Bias is "Positive", due to the solid business fundamentals, growing brand awareness and improvement in the regulatory environment. The integration with Swisse seems to be proceeding smoothly, and supports H&H's business and financial profiles. We view positively the company’s steady cash flow from operations, which should support gradual deleveraging.    We view H&H as “Moderate” on the LAGA scale. We view positively the structure of the Board of Directors, despite the exit of Swisse CEO Radek Sali. The NEDs have a decent mix of company and industry experience. The INEDs include Ngai Wai Fung, a professional consultant in corporate governance. We also note the solid spread of shareholders, with no two individuals’ holdings adding up to more than a 50% interest. 

H&H International - Tear Sheet - Lucror Analytics

Health And Happiness (H&H)

H&H International - Tear Sheet - Lucror Analytics