Company Analysis

Noah Holdings Limited (NOAH)

NYSE: NOAH · Investment Advice · Shanghai, CN · filing with the SEC since 2010
Grade4.9
◀ Past 5.0● Present 4.5▶ Future 5.1
1 est.

Income statement, as filed

In thousands of Chinese yuan (CNY), as filed; per-share figures in Chinese yuan; share counts.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedApr 29, 2026Apr 24, 2025Apr 24, 2024Apr 24, 2023Apr 6, 2022Apr 30, 2021Apr 24, 2020Apr 25, 2019Apr 30, 2018Apr 21, 2017
Revenue2,610,2402,600,9823,294,6963,100,3724,293,0943,305,8263,391,8123,289,6082,826,9082,513,572
For lenders
Provision for credit losses29,0147,3531,60468199,0579,1957,9072,5563,2441,151r
General and administrative305,590296,751275,727235,319383,321277,879296,492280,075r246,785r234,488r
Total costs and expenses1,833,5761,967,0932,196,7812,011,9233,094,1962,047,3502,476,8462,363,0842,049,8741,846,283r
Operating income776,664633,8891,097,9151,088,4491,198,8981,258,476914,966926,524777,034667,289r
Interest and investment income·······69,84145,02039,539r
Share of profit of equity-method investments-1,395-112,01054,12889,148301,979100,257115,80914,46992,13622,343r
Other income (expense), net-30,8141,35910,89213,130-18,2404,164-7,040-23,3563,542-2,531r
Total non-operating income (expense)79,761233,716111,33261,10099,144-1,843,79553,00985,07391,77766,256r
Income before income taxes856,425867,6051,209,2471,149,5491,298,042-585,319967,9751,011,597868,811733,545r
Income tax expense297,811268,591262,360267,108293,940258,460220,025222,320199,085157,997r
Net income including non-controlling interests557,219487,0041,001,015971,5891,306,081-743,522863,759803,746761,862597,891r
Net income to non-controlling interests-1,63811,559-8,479-4,982-8,0501,70334,608-7,551-13,745-40,602r
Net income558,857475,4451,009,494976,5711,314,131-745,225829,151811,297762,923643,829r
Net income to common shareholders558,857475,4451,009,494976,5711,314,131-745,225829,151811,297762,923643,829r
Earnings per share, basic1.601.362.912.86r3.91r-2.402b2.712b2.77b2.698b2.287b
Earnings per share, diluted1.591.352.912.86r3.89r-2.402b2.684b2.667b2.59b2.208b
Weighted average shares, basic348,774,922350,847,647347,369,860341,660,160r335,858,180r310,204,390b305,801,810b292,884,010b282,756,370b281,501,390b
Weighted average shares, diluted351,962,638352,351,257347,422,580341,980,710r337,817,730r310,204,390b309,240,950b307,105,400b302,338,230b300,367,630b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 10-for-1 split of Oct 2023.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:SalesRevenueNet
Provision for credit losses set aside for loans that may not be repaidus-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses
General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton NOAH · research, not advice