Noah Holdings Limited logo

Noah Holdings Limited

NOAH

NYSEFinancial ServicesAsset Management

Previous close

$8.80

+$0.02 · +0.23%

Aug 21, 4:00 PM ET

NOAH company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

91

Deep Value

Momentum

32

Weakening

Sentiment

55

Mixed

Risk resilience

47

Elevated Risk

Full GoAI research

Thesis, catalysts, evidence, and risk analysis.

View full GoAI research

AI-generated, informational only, and not investment advice.

Company profile

Company website

Noah Holdings Limited, a financial services entity established in 2005 and headquartered in Shanghai, People's Republic of China, specializes in providing comprehensive wealth and asset management solutions. The company primarily caters to high-net-worth individuals and corporate clients, offering expertise in investment and asset allocation across Mainland China, Hong Kong, and international markets. Its operations are divided into three core segments: Wealth Management, Asset Management, and Other Businesses. Through its wealth management arm, Noah delivers a broad spectrum of investment products, including both publicly offered and privately placed funds, spanning public securities and private equity. It also provides bespoke value-added financial services such as investor education, trust administration, and insurance brokerage, in addition to direct sales of insurance products. Furthermore, the company's asset management division offers access to a diverse portfolio of onshore and offshore investment vehicles, such as private equity, real estate, public securities, and multi-strategy funds. Noah Holdings also extends lending services as part of its comprehensive financial offerings.

Industry
Asset Management
Sector
Financial Services
Headquarters
SG
CEO
Zhe Yin
Listed since
Nov 10, 2010
Employees
1,778

Market position

Day range

Current $8.80

52-week range

Current $8.80

Open
$8.84
Previous close
$8.78
Volume
77.59K
0.91× average
Average volume
85.43K
Average daily volume
Market cap
587.39M USD
Beta
0.81
Market reference 1
50-day average
$9.2382
-4.74% below average
200-day average
$10.4212
-15.56% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
-3.28B CNY
EV / EBITDA
-3.52×
Earnings yield
57.06%
Free cash flow yield
86.02%

Profitability & efficiency

Return on equity
5.69%
Return on assets
4.76%
Return on invested capital
4.89%

Financial health

Current ratio
4.46×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends60%45%30%15%Gross margin, FY2021: 49.48%Gross margin, FY2022: 53.49%Gross margin, FY2023: 55.78%Gross margin, FY2024: 48.12%Gross margin, FY2025: 53.39%Operating margin, FY2021: 27.93%Operating margin, FY2022: 35.11%Operating margin, FY2023: 33.32%Operating margin, FY2024: 24.37%Operating margin, FY2025: 29.75%Net margin, FY2021: 30.61%Net margin, FY2022: 31.50%Net margin, FY2023: 30.64%Net margin, FY2024: 18.28%Net margin, FY2025: 21.41%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 49.48%. Gross margin FY2022 53.49%. Gross margin FY2023 55.78%. Gross margin FY2024 48.12%. Gross margin FY2025 53.39%. Operating margin FY2021 27.93%. Operating margin FY2022 35.11%. Operating margin FY2023 33.32%. Operating margin FY2024 24.37%. Operating margin FY2025 29.75%. Net margin FY2021 30.61%. Net margin FY2022 31.50%. Net margin FY2023 30.64%. Net margin FY2024 18.28%. Net margin FY2025 21.41%.

Income trends

Revenue

2.61B CNY+0.36%

Operating income

776.66M CNY+22.52%

Net income

558.86M CNY+17.54%
Income trends across reported periods4.67B CNY3.15B CNY1.62B CNY93.68M CNYRevenue, FY2021: 4.29B CNYRevenue, FY2022: 3.1B CNYRevenue, FY2023: 3.29B CNYRevenue, FY2024: 2.6B CNYRevenue, FY2025: 2.61B CNYOperating income, FY2021: 1.2B CNYOperating income, FY2022: 1.09B CNYOperating income, FY2023: 1.1B CNYOperating income, FY2024: 633.89M CNYOperating income, FY2025: 776.66M CNYNet income, FY2021: 1.31B CNYNet income, FY2022: 976.57M CNYNet income, FY2023: 1.01B CNYNet income, FY2024: 475.45M CNYNet income, FY2025: 558.86M CNYFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 4.29B CNY. Revenue FY2022 3.1B CNY. Revenue FY2023 3.29B CNY. Revenue FY2024 2.6B CNY. Revenue FY2025 2.61B CNY. Operating income FY2021 1.2B CNY. Operating income FY2022 1.09B CNY. Operating income FY2023 1.1B CNY. Operating income FY2024 633.89M CNY. Operating income FY2025 776.66M CNY. Net income FY2021 1.31B CNY. Net income FY2022 976.57M CNY. Net income FY2023 1.01B CNY. Net income FY2024 475.45M CNY. Net income FY2025 558.86M CNY.
Metric (CNY)FY2025FY2024FY2023FY2022FY2021
Revenue2.61B CNY2.6B CNY3.29B CNY3.1B CNY4.29B CNY
Cost of goods sold1.22B CNY1.35B CNY1.46B CNY1.44B CNY2.17B CNY
Gross profit1.39B CNY1.25B CNY1.84B CNY1.66B CNY2.12B CNY
Selling, general, and administrative548.4M CNY565.79M CNY761.51M CNY1.09B CNY820.45M CNY
Operating expenses617.02M CNY617.64M CNY740.03M CNY570.04M CNY925.32M CNY
Interest income127.55M CNY155.75M CNY161.93M CNY61.42M CNY71.87M CNY
Depreciation and amortization156.9M CNY156.68M CNY158.08M CNY155.97M CNY146.57M CNY
Operating income776.66M CNY633.89M CNY1.1B CNY1.09B CNY1.2B CNY
Net income558.86M CNY475.45M CNY1.01B CNY976.57M CNY1.31B CNY

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
0%
0 beats, 1 miss, 0 met estimates
Average EPS surprise
-23.66%
1 comparable report
Latest EPS result
0.28

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.50.350.20.04Q3 '24MissQ4 '24No estimateQ1 '25No estimateQ2 '25No estimateQ3 '25No estimateQ4 '25No estimateQ1 '26No estimateQ2 '26No estimate
Q3 2024, reported Aug 28, 2024: actual 0.21, estimate 0.275, surprise -23.66%, Miss. Q4 2024, reported Nov 26, 2024: actual 0.3, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 0.26, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 28, 2025: actual 0.33, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 27, 2025: actual 0.37, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 25, 2025: actual 0.46, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 24, 2026: actual 0.05, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 27, 2026: actual 0.28, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates109.02M99.42M89.82M80.22MQ4 '24No estimateQ1 '25No estimateQ2 '25MissQ3 '25No estimateQ4 '25No estimateQ1 '26BeatQ2 '26No estimateQ3 '26Estimate
Q4 2024, reported Nov 26, 2024: actual 97.43M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 25, 2025: actual 89.29M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 28, 2025: actual 84.41M USD, estimate 91.33M USD, surprise -7.58%, Miss. Q3 2025, reported Aug 27, 2025: actual 87.78M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 25, 2025: actual 88.89M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 24, 2026: actual 104.82M USD, estimate 89.92M USD, surprise +16.57%, Beat. Q2 2026, reported May 27, 2026: actual 90.69M USD, estimate —, surprise —, Comparison unavailable. Q3 2026, reported Aug 25, 2026: actual —, estimate 84.48M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

13 ratings
Strong buy00%
Buy1077%
Hold215%
Sell18%
Strong sell00%

NOAH news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$1.1582

2025 complete year+727.3% since 2012

2026 partial: $1.309

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jul 9, 2026

$1.309

Irregular

Record Jul 9, 2026 · Payment Aug 6, 2026

Dividend

Ex-dividend Jul 3, 2025

$1.1582

Special

Record Jul 3, 2025 · Payment Aug 1, 2025

Dividend

Ex-dividend Jul 3, 2024

$2.125

Annual

Record Jul 3, 2024 · Payment Aug 1, 2024

Dividend

Ex-dividend Jun 26, 2023

$0.3635

Annual

Record Jun 27, 2023 · Payment Jul 21, 2023

Dividend

Ex-dividend Mar 18, 2013

$0.14

Annual

Record Mar 20, 2013 · Payment Apr 9, 2013

Dividend

Ex-dividend Mar 28, 2012

$0.14

Annual

Record Mar 30, 2012 · Payment Apr 16, 2012

NOAH peers

ETFs holding NOAH

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research NOAH

research.disclaimer