Noah Holdings Limited (NOAH) fundamental analysis — strengths, weaknesses & financial health based on data analysis
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
Noah Holdings Limited (NOAH) stock price & volume — 10-year historical chart
Noah Holdings Limited (NOAH) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Noah Holdings Limited (NOAH) EPS & revenue vs analyst estimates — last 4 quarters
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Mar 24, 2026 | $0.05 | $105Mvs $90M+16.6% |
| Q4 2025 | Nov 25, 2025 | $0.46 | $89M |
| Q3 2025 | Aug 27, 2025 | $0.37 | $88M |
| Q2 2025 | May 28, 2025 | $0.33 | $84Mvs $91M-7.6% |
Noah Holdings Limited (NOAH) competitors in Wealth managers and broker platforms — business model, growth, and fundamentals comparison
Noah Holdings Limited (NOAH) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Noah Holdings Limited (NOAH) annual income statement — 10-year revenue, gross profit & net income history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Interest Income | 20.25M | 20.89M | 59.81M | 88.67M | 67.32M | 71.87M | 61.42M | 161.93M | 155.75M | 133.55M |
| NII Growth % | -14.37% | 3.17% | 186.3% | 48.24% | -24.08% | 6.76% | -14.54% | 163.65% | -3.81% | -62.49% |
| Net Interest Margin % | 0.34% | 0.32% | 0.75% | 0.9% | 0.72% | 0.66% | 0.52% | 1.28% | 1.32% | 1.16% |
| Interest Income | 39.54M | 45.02M | 69.84M | 89.1M | 67.32M | 71.87M | 61.42M | 161.93M | 155.75M | 133.55M |
| Interest Expense | 19.29M | 24.13M | 10.03M | 430K | 0 | 0 | 0 | 0 | 0 | 0 |
| Loan Loss Provision | 1.28B | 1.38B | 1.55B | 1.61B | 699.41M | 2.17B | 1.44B | 1.46B | 1.35B | 1.48B |
| Non-Interest Income | 2.47B | 2.78B | 3.22B | 3.3B | 3.24B | 4.22B | 3.04B | 3.13B | 2.45B | 2.4B |
| Non-Interest Income % | 98.43% | 98.41% | 97.88% | 97.37% | 97.96% | 98.33% | 98.02% | 95.09% | 94.01% | 94.72% |
| Total Revenue | 2.51B▲ 0% | 2.83B▲ 12.5% | 3.29B▲ 16.4% | 3.39B▲ 3.1% | 3.31B▼ 2.5% | 4.29B▲ 29.9% | 3.1B▼ 27.8% | 3.29B▲ 6.3% | 2.6B▼ 21.1% | 2.53B▲ 0% |
| Revenue Growth % | 18.57% | 12.47% | 16.37% | 3.11% | -2.54% | 29.86% | -27.78% | 6.27% | -21.06% | -29.05% |
| Non-Interest Expense | 545.88M | 642.5M | 798.89M | 866.08M | 1.35B | 925.32M | 570.04M | 740.03M | 617.64M | 387.84M |
| Efficiency Ratio | 21.72% | 22.73% | 24.29% | 25.53% | 40.77% | 21.55% | 18.39% | 22.46% | 23.75% | 15.34% |
| Operating Income | 667.29M▲ 0% | 777.03M▲ 16.4% | 926.52M▲ 19.2% | 914.97M▼ 1.2% | 1.26B▲ 37.5% | 1.2B▼ 4.7% | 1.09B▼ 9.2% | 1.1B▲ 0.9% | 633.89M▼ 42.3% | 656.5M▲ 0% |
| Operating Margin % | 26.55% | 27.49% | 28.17% | 26.98% | 38.07% | 27.93% | 35.11% | 33.32% | 24.37% | 25.96% |
| Operating Income Growth % | 19.42% | 16.45% | 19.24% | -1.25% | 37.54% | -4.73% | -9.21% | 0.87% | -42.26% | - |
| Pretax Income | 755.89M▲ 0% | 868.81M▲ 14.9% | 1.01B▲ 16.4% | 1.08B▲ 7.1% | -485.06M▼ 144.8% | 1.6B▲ 429.9% | 1.24B▼ 22.6% | 1.26B▲ 2.0% | 755.6M▼ 40.2% | 949.27M▲ 0% |
| Pretax Margin % | 30.07% | 30.73% | 30.75% | 31.95% | -14.67% | 37.27% | 39.95% | 38.35% | 29.05% | 37.54% |
| Income Tax | 158M | 199.09M | 222.32M | 220.03M | 258.46M | 293.94M | 267.11M | 262.36M | 268.59M | 288.38M |
| Effective Tax Rate % | 20.9% | 22.91% | 21.98% | 20.3% | -53.28% | 18.37% | 21.56% | 20.77% | 35.55% | 30.38% |
| Net Income | 643.83M▲ 0% | 762.92M▲ 18.5% | 811.3M▲ 6.3% | 829.15M▲ 2.2% | -745.23M▼ 189.9% | 1.31B▲ 276.3% | 976.57M▼ 25.7% | 1.01B▲ 3.4% | 475.44M▼ 52.9% | 655.78M▲ 0% |
| Net Margin % | 25.61% | 26.99% | 24.66% | 24.45% | -22.54% | 30.61% | 31.5% | 30.64% | 18.28% | 25.93% |
| Net Income Growth % | 20.16% | 18.5% | 6.34% | 2.2% | -189.88% | 276.34% | -25.69% | 3.37% | -52.9% | 12.63% |
| Net Income (Continuing) | 597.89M | 761.86M | 803.75M | 863.76M | -743.52M | 1.31B | 971.59M | 1B | 487M | 660.9M |
| EPS (Diluted) | 53.60▲ 0% | 63.09▲ 17.7% | 66.67▲ 5.7% | 67.05▲ 0.6% | -60.05▼ 189.6% | 97.25▲ 261.9% | 71.40▼ 26.6% | 72.65▲ 1.8% | 33.75▼ 53.5% | 46.63▲ 0% |
| EPS Growth % | 17.16% | 17.71% | 5.67% | 0.57% | -189.56% | 261.95% | -26.58% | 1.75% | -53.54% | 12.02% |
| EPS (Basic) | 57.20 | 67.45 | 69.91 | 67.80 | -60.05 | 97.80 | 71.45 | 72.65 | 34.00 | - |
| Diluted Shares Outstanding | 12.01M | 12.09M | 12.28M | 12.37M | 12.41M | 13.51M | 13.68M | 13.9M | 14.09M | 14.06M |
Noah Holdings Limited (NOAH) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 3.28B | 2.07B | 3.15B | 5.06B | 5.12B | 3.5B | 4.72B | 5.57B | 5.1B | 20.91B |
| Cash & Due from Banks | 2.98B | 1.91B | 2.7B | 4.39B | 5.01B | 3.4B | 4.4B | 5.19B | 3.82B | 3.84B |
| Short Term Investments | 299.17M | 160.34M | 450.48M | 671.26M | 114.93M | 92.8M | 315.98M | 379.46M | 1.27B | 1.16B |
| Total Investments | 1.19B | 2.12B | 2.85B | 2.82B | 1.92B | 2.16B | 2.58B | 2.72B | 3.62B | 3.41B |
| Investments Growth % | 4.15% | 78.63% | 34.64% | -0.91% | -32.17% | 12.92% | 19.34% | 5.21% | 33.22% | 47.19% |
| Long-Term Investments | 886.1M | 1.96B | 2.4B | 2.15B | 1.8B | 2.07B | 2.27B | 2.34B | 2.34B | 8.89B |
| Accounts Receivables | 202.98M | 172.27M | 279.88M | 214.42M | 428.6M | 777.9M | 912.29M | 503.98M | 473.49M | 358.14M |
| Goodwill & Intangibles | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PP&E (Net) | 243.49M | 303.35M | 346.65M | 648.51M | 522.82M | 2.8B | 2.65B | 2.62B | 2.5B | 2.48B |
| Other Assets | 38.65M | 125.87M | 49.97M | 102.09M | 148.29M | 161.83M | 124.12M | 610.08M | 137.29M | 120.67M |
| Total Current Assets | 4.73B | 4.04B | 5.1B | 6.73B | 6.7B | 5.52B | 6.32B | 7.12B | 6.47B | 6.38B |
| Total Non-Current Assets | 1.22B | 2.46B | 2.91B | 3.07B | 2.7B | 5.37B | 5.48B | 5.57B | 5.3B | 5.17B |
| Total Assets | 5.96B▲ 0% | 6.49B▲ 9.0% | 8.01B▲ 23.4% | 9.8B▲ 22.3% | 9.4B▼ 4.1% | 10.89B▲ 15.9% | 11.8B▲ 8.3% | 12.69B▲ 7.5% | 11.78B▼ 7.1% | 11.55B▲ 0% |
| Asset Growth % | 45.39% | 9.04% | 23.39% | 22.31% | -4.11% | 15.85% | 8.34% | 7.52% | -7.15% | -19.55% |
| Return on Assets (ROA) | 12.81% | 12.25% | 11.18% | 9.31% | -7.76% | 12.95% | 8.61% | 8.25% | 3.89% | 5.59% |
| Accounts Payable | 687.96M | 0 | 0 | 0 | 53.63M | 71.59M | 117.15M | 104.48M | 122.62M | 0 |
| Total Debt | 1.12B | 491.83M | 145M | 374.43M | 280.86M | 222.24M | 177.99M | 327.06M | 135.99M | 59.63M |
| Net Debt | -1.86B | -1.41B | -2.56B | -4.01B | -4.72B | -3.18B | -4.23B | -4.87B | -3.69B | -3.78B |
| Long-Term Debt | 555.44M | 0 | 145M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Short-Term Debt | 569.38M | 491.83M | 0 | 0 | 0 | 0 | 10.46M | 188.7M | 15.38M | 0 |
| Other Liabilities | 429.61M | 113.66M | 35.72M | 3.43M | 855K | 100.02M | 59.76M | 27.66M | 15.01M | 9.7M |
| Total Current Liabilities | 1.58B | 1.82B | 1.59B | 1.51B | 1.88B | 2.28B | 1.9B | 1.89B | 1.43B | 1.34B |
| Total Non-Current Liabilities | 989.51M | 163.78M | 247.81M | 422.59M | 241.12M | 465.11M | 392.7M | 366.6M | 336.83M | 309.7M |
| Total Liabilities | 2.57B | 1.99B | 1.84B | 1.93B | 2.12B | 2.75B | 2.3B | 2.26B | 1.77B | 1.65B |
| Total Equity | 3.39B▲ 0% | 4.51B▲ 32.9% | 6.18B▲ 37.0% | 7.87B▲ 27.5% | 7.28B▼ 7.6% | 8.14B▲ 11.9% | 9.5B▲ 16.7% | 10.43B▲ 9.8% | 10.01B▼ 4.0% | 9.9B▲ 0% |
| Equity Growth % | 33.83% | 32.92% | 36.99% | 27.52% | -7.59% | 11.88% | 16.69% | 9.76% | -3.98% | -5.9% |
| Equity / Assets (Capital Ratio) | 56.93% | 69.4% | 77.05% | 80.34% | 77.42% | 74.76% | 80.53% | 82.2% | 85.01% | 85.73% |
| Return on Equity (ROE) | 21.73% | 19.32% | 15.19% | 11.8% | -9.84% | 17.05% | 11.07% | 10.13% | 4.65% | 6.6% |
| Book Value per Share | 282.26 | 372.74 | 502.71 | 636.64 | 586.50 | 602.52 | 694.52 | 750.35 | 710.43 | 703.78 |
| Tangible BV per Share | 282.26 | 372.74 | 502.71 | 636.64 | 586.50 | 602.52 | 694.52 | 750.35 | 710.43 | 703.78 |
| Common Stock | 99K | 96K | 101K | 103K | 104K | 104K | 105K | 110K | 113K | 9.9B |
| Additional Paid-in Capital | 1.23B | 1.37B | 1.9B | 2.18B | 3.57B | 3.53B | 3.8B | 3.8B | 3.91B | 0 |
| Retained Earnings | 2.24B | 2.88B | 3.95B | 4.73B | 3.99B | 5.19B | 5.6B | 6.44B | 5.9B | 0 |
| Accumulated OCI | -5.43M | 213.42M | 36.2M | 97.05M | -79.11M | -140.01M | -2.55M | 74.62M | 186.55M | 0 |
| Treasury Stock | -130.44M | -40.27M | -40.27M | 0 | -290.91M | -541.38M | 0 | 0 | -53.34M | 0 |
| Preferred Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Noah Holdings Limited (NOAH) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 686.25M | 628.38M | 1.03B | 1.29B | 796.35M | 1.52B | 632.9M | 1.32B | 387.34M | 387.34M |
| Operating CF Growth % | 1.65% | -8.43% | 63.82% | 25.15% | -38.18% | 91.1% | -58.41% | 108.3% | -70.62% | -100% |
| Net Income | 597.89M | 761.86M | 803.75M | 863.76M | -743.52M | 1.31B | 971.59M | 1B | 487M | 655.78M |
| Depreciation & Amortization | 61.32M | 81.96M | 92.28M | 105.43M | 98.45M | 146.57M | 155.97M | 158.08M | 156.68M | 0 |
| Deferred Taxes | -12.57M | -16.93M | -40.73M | -62.36M | -67.33M | -119.61M | -84.9M | 0 | 0 | 0 |
| Other Non-Cash Items | 107.31M | -348.26M | 54.07M | 351.04M | 742.92M | -84.97M | -279.12M | 121.43M | 228.98M | -714.42M |
| Working Capital Changes | -146.88M | 56.11M | 7.26M | -64.53M | -584.77M | 202.82M | -172.93M | 26.26M | -594.36M | 0 |
| Cash from Investing | -883.79M | -833.86M | -395.68M | -182.01M | 352.58M | -2.57B | 74.29M | -247.14M | -840.82M | 0 |
| Purchase of Investments | -1.34B | -1.19B | -241.14M | -1.7B | -231.45M | -145.56M | -81.73M | -532.16M | -1.74B | 0 |
| Sale/Maturity of Investments | 1.36B | 965.9M | 383.99M | 1.56B | 275.6M | 138.2M | 63.54M | 297.18M | 778.29M | 0 |
| Net Investment Activity | 19.29M | -223.19M | 142.85M | -144.27M | 44.15M | -7.36M | -18.19M | -234.98M | -966.61M | 0 |
| Acquisitions | -192.39M | -297.86M | -559.36M | 124.51M | 128.91M | -436K | -8.08M | -14.74M | 12.33M | 0 |
| Other Investing | -609.33M | -160.09M | 149.05M | -96.92M | 231.15M | -293.08M | 163.27M | 160.5M | 195.63M | 0 |
| Cash from Financing | 994.64M | -791.79M | 109.83M | 543.31M | -371.42M | -513.12M | 233.76M | -199.84M | -1.13B | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -177.5M | -1.01B | 0 |
| Share Repurchases | -12.6M | -31.29M | 0 | 0 | -281.61M | -372.38M | 0 | 0 | -53.34M | 0 |
| Stock Issued | 0 | 0 | 0 | 0 | 0 | 0 | 247.01M | 0 | 0 | 0 |
| Net Stock Activity | -12.6M | -31.29M | 0 | 0 | -281.61M | -372.38M | 247.01M | 0 | -53.34M | 0 |
| Debt Issuance (Net) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 1.01B | -760.5M | 109.83M | 543.31M | -89.81M | -140.75M | -13.25M | -22.33M | -73.01M | 0 |
| Net Change in Cash | 849.59M▲ 0% | -1.08B▼ 226.7% | 799.84M▲ 174.3% | 1.69B▲ 111.0% | 628.77M▼ 62.7% | -1.61B▼ 356.1% | 1.02B▲ 163.5% | 919.44M▼ 10.0% | -1.52B▼ 264.8% | 0▲ 0% |
| Exchange Rate Effect | 52.5M | -79.49M | 56.3M | 37.81M | -148.75M | -46.71M | 81.05M | 48.1M | 72.16M | 0 |
| Cash at Beginning | 2.13B | 2.98B | 1.91B | 2.71B | 4.39B | 5.02B | 3.41B | 4.43B | 5.35B | 0 |
| Cash at End | 2.98B | 1.91B | 2.71B | 4.39B | 5.02B | 3.41B | 4.43B | 5.35B | 3.84B | 0 |
| Interest Paid | 18.38M | 23.74M | 13.02M | 430K | 0 | 0 | 0 | 0 | 0 | 0 |
| Income Taxes Paid | 205.05M | 205.04M | 211.5M | 209.97M | 310.59M | 364.12M | 407.49M | 285.51M | 203.67M | 0 |
| Free Cash Flow | 584.88M▲ 0% | 475.67M▼ 18.7% | 901.16M▲ 89.5% | 1.22B▲ 35.7% | 744.74M▼ 39.1% | -749.38M▼ 200.6% | 570.19M▲ 176.1% | 1.16B▲ 103.5% | 305.16M▼ 73.7% | 0▲ 0% |
| FCF Growth % | 8.54% | -18.67% | 89.45% | 35.7% | -39.1% | -200.62% | 176.09% | 103.51% | -73.7% | - |
Noah Holdings Limited (NOAH) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 21.73% | 19.32% | 15.19% | 11.8% | -9.84% | 17.05% | 11.07% | 10.13% | 4.65% | 6.6% |
| Return on Assets (ROA) | 12.81% | 12.25% | 11.18% | 9.31% | -7.76% | 12.95% | 8.61% | 8.25% | 3.89% | 5.59% |
| Net Interest Margin | 0.34% | 0.32% | 0.75% | 0.9% | 0.72% | 0.66% | 0.52% | 1.28% | 1.32% | 1.16% |
| Efficiency Ratio | 21.72% | 22.73% | 24.29% | 25.53% | 40.77% | 21.55% | 18.39% | 22.46% | 23.75% | 15.34% |
| Equity / Assets | 56.93% | 69.4% | 77.05% | 80.34% | 77.42% | 74.76% | 80.53% | 82.2% | 85.01% | 85.73% |
| Book Value / Share | 282.26 | 372.74 | 502.71 | 636.64 | 586.5 | 602.52 | 694.52 | 750.35 | 710.43 | 703.78 |
| NII Growth | -14.37% | 3.17% | 186.3% | 48.24% | -24.08% | 6.76% | -14.54% | 163.65% | -3.81% | -17.34% |
| Dividend Payout | - | - | - | - | - | - | - | 17.58% | 211.98% | 0% |
Noah Holdings Limited (NOAH) stock FAQ — growth, dividends, profitability & financials explained
Noah Holdings Limited (NOAH) saw revenue decline by 21.1% over the past year.
Yes, Noah Holdings Limited (NOAH) is profitable, generating $655.8M in net income for fiscal year 2024 (18.3% net margin).
Yes, Noah Holdings Limited (NOAH) pays a dividend with a yield of 98.22%. This makes it attractive for income-focused investors.
Noah Holdings Limited (NOAH) has a return on equity (ROE) of 4.7%. This is below average, suggesting room for improvement.
Noah Holdings Limited (NOAH) has a net interest margin (NIM) of 1.3%. NIM has been under pressure due to interest rate environment.
Noah Holdings Limited (NOAH) has an efficiency ratio of 23.7%. This is excellent, indicating strong cost control.
Noah Holdings Limited (NOAH) financial analysis — history, returns, DCA and operating performance tools
Historical returns with dividends reinvested
Dollar cost averaging vs lump sum
Yield, growth, payout safety & DRIP
EPS trends, net income & profitability
Long-term charts & historical price data
Sales growth patterns & revenue breakdown
30 years of market, efficiency and balance-sheet ratios
DCF intrinsic value, peer multiples & estimates