Noah Holdings Limited (NOAH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Total Current Assets | 6.05B | 6.38B | 6.78B | 6.72B | 6.47B | 6.09B | 7.2B | 7.22B | 7.12B | 6.88B | 6.83B | 6.61B | 6.32B | 6.03B | 5.59B | 5.64B | 5.52B | 4.88B | 4.66B | 6.83B |
| Cash & Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cash Only | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 87.07 | 55.34 | 58.5 | 64.41 | 65.87 | 87.47 | 131.76 | 123.97 | 73.17 | 83.83 | 62.09 | 71.47 | 91.99 | 129.7 | 90.9 | 66.42 | 68.49 | 111.97 | 115.04 | 58.36 |
| Inventory | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 212.72M | 336.77M | 234.29M | 226M | 235.66M | 252.24M | 472.38M | 401.16M | 719.16M | 1.07B | 727.72M | 1.22B | 661.76M | 761.75M | 820.9M | 171.32M | 164.22M | 847.93M | 765.26M | 621.53M |
| Total Non-Current Assets | 5.7B | 5.17B | 4.97B | 5.15B | 5.3B | 5.43B | 5.26B | 5.52B | 5.57B | 5.75B | 5.73B | 5.57B | 5.48B | 5.42B | 5.42B | 5.39B | 5.37B | 5.22B | 5.14B | 2.77B |
| Property, Plant & Equipment | 2.46B | 2.48B | 2.46B | 2.48B | 2.5B | 2.52B | 2.52B | 2.58B | 2.62B | 2.66B | 2.68B | 2.66B | 2.65B | 2.69B | 2.7B | 2.76B | 2.8B | 2.86B | 2.9B | 504.37M |
| Fixed Asset Turnover | 0.29x | 0.26x | 0.25x | 0.25x | 0.26x | 0.27x | 0.24x | 0.25x | 0.30x | 0.28x | 0.35x | 0.30x | 0.33x | 0.25x | 0.27x | 0.29x | 0.44x | 0.32x | 0.53x | 2.38x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 2.61B | 2.26B | 2.08B | 2.22B | 2.34B | 2.37B | 2.19B | 2.33B | 2.34B | 2.49B | 2.44B | 2.33B | 2.27B | 2.24B | 2.22B | 2.13B | 2.07B | 1.96B | 1.81B | 1.83B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 11.75B | 11.55B | 11.74B | 11.87B | 11.78B | 11.52B | 12.47B | 12.74B | 12.69B | 12.63B | 12.56B | 12.18B | 11.8B | 11.45B | 11.02B | 11.03B | 10.89B | 10.1B | 9.8B | 9.6B |
| Asset Turnover | 0.06x | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.05x | 0.05x | 0.06x | 0.06x | 0.08x | 0.07x | 0.08x | 0.06x | 0.07x | 0.07x | 0.12x | 0.09x | 0.09x | 0.13x |
| Asset Growth % | -0.26% | 0.22% | -5.79% | -6.82% | -7.15% | -8.77% | -0.77% | 4.61% | 7.52% | 10.33% | 14.06% | 10.46% | 8.34% | 13.3% | 12.43% | 14.91% | 15.85% | 8.12% | 6.45% | 5.59% |
| Total Current Liabilities | 39.21M | 1.34B | 1.76B | 1.4B | 1.43B | 1.37B | 2.41B | 1.75B | 1.89B | 1.97B | 2.13B | 2.09B | 1.9B | 1.64B | 1.72B | 2.15B | 2.28B | 1.7B | 1.69B | 2.15B |
| Accounts Payable | 126.19M | 0 | 0 | 0 | 122.62M | 0 | 127.45M | 0 | 104.48M | 445.39M | 151.06M | 363.89M | 117.15M | 851.72M | 1.08B | 63.68M | 71.59M | 1.1B | 1.11B | 1.16B |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 39.21M | 0 | 0 | 0 | 15.38M | 0 | 15.88M | 0 | 188.7M | 0 | 0 | 0 | 10.46M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | -336.71M | 802.13M | 769.3M | 826.54M | 472.4M | 896.7M | 1.79B | 981.52M | 637.87M | 1.26B | 1.29B | 1.19B | 747.23M | 1.02B | 1.05B | 437.81M | 439.98M | 1.08B | 1.11B | 1.07B |
| Current Ratio | 154.31x | 4.77x | 3.85x | 4.81x | 4.53x | 4.43x | 2.99x | 4.12x | 3.76x | 3.48x | 3.21x | 3.17x | 3.32x | 3.68x | 3.25x | 2.63x | 2.42x | 2.88x | 2.76x | 3.17x |
| Quick Ratio | 154.31x | 4.77x | 3.85x | 4.81x | 4.53x | 4.43x | 2.99x | 4.12x | 3.76x | 3.48x | 3.21x | 3.17x | 3.32x | 3.68x | 3.25x | 2.63x | 2.42x | 2.88x | 2.76x | 3.17x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.76B | 309.7M | 321.61M | 322.27M | 336.83M | 344.1M | 325.63M | 356.88M | 366.6M | 351.48M | 364.56M | 373.63M | 392.7M | 409.03M | 415.57M | 437.57M | 465.11M | 509.09M | 519.38M | 227.29M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 1.76B | 1.65B | 2.08B | 1.72B | 1.77B | 1.72B | 2.74B | 2.11B | 2.26B | 2.33B | 2.49B | 2.46B | 2.3B | 2.05B | 2.14B | 2.58B | 2.75B | 2.21B | 2.21B | 2.38B |
| Total Debt | 99.53M | 59.63M | 69.6M | 64.07M | 135.99M | 77.65M | 55.04M | 70.33M | 327.06M | 77.42M | 79.27M | 94.18M | 177.99M | 101.11M | 96M | 210.65M | 222.24M | 155.88M | 169.17M | 180.31M |
| Net Debt | -4.28B | -3.78B | -3.75B | -4.01B | -3.69B | -3.36B | -4.55B | -5.06B | -4.87B | -4.88B | -4.66B | -4.62B | -4.23B | -4.21B | -3.51B | -3.69B | -3.18B | -2.67B | -2.52B | -4.72B |
| Debt / Equity | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.01x | 0.03x | 0.01x | 0.01x | 0.01x | 0.02x | 0.01x | 0.01x | 0.02x | 0.03x | 0.02x | 0.02x | 0.02x |
| Debt / EBITDA | 0.87x | 0.35x | 0.43x | 0.34x | 0.99x | 0.32x | 0.31x | 0.44x | 1.26x | 0.31x | 0.23x | 0.34x | 0.69x | 0.44x | 0.26x | 0.59x | 0.96x | 0.68x | 0.50x | 0.34x |
| Net Debt / EBITDA | -37.36x | -21.98x | -23.30x | -21.57x | -26.80x | -13.94x | -26.02x | -31.42x | -18.69x | -19.62x | -13.34x | -16.56x | -16.33x | -18.17x | -9.67x | -10.42x | -13.75x | -11.68x | -7.51x | -8.97x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Equity | 9.99B | 9.9B | 9.66B | 10.15B | 10.01B | 9.69B | 9.73B | 10.51B | 10.43B | 10.21B | 10.14B | 9.63B | 9.5B | 9.4B | 8.88B | 8.44B | 8.14B | 7.9B | 7.59B | 7.22B |
| Equity Growth % | -0.23% | 2.2% | -0.7% | -3.42% | -3.98% | -5.12% | -4.08% | 9.22% | 9.76% | 8.58% | 14.27% | 14% | 16.69% | 19.05% | 16.97% | 17.03% | 11.88% | 12.04% | 10.29% | 9.88% |
| Book Value per Share | 709.54 | 703.78 | 688.41 | 719.19 | 710.43 | 687.94 | 689.72 | 753.31 | 750.17 | 737.00 | 731.03 | 692.38 | 682.39 | 678.73 | 659.49 | 625.66 | 601.30 | 583.71 | 562.67 | 533.88 |
| Total Shareholders' Equity | 9.83B | 9.9B | 9.59B | 10.09B | 9.95B | 9.69B | 9.67B | 10.51B | 10.31B | 10.21B | 9.97B | 9.63B | 9.41B | 9.3B | 8.78B | 8.34B | 8.04B | 7.8B | 7.5B | 7.12B |
| Common Stock | 113.07K | 9.9B | 15.91K | 10.15B | 113K | 9.8B | 111K | 10.63B | 110K | 10.3B | 106K | 9.72B | 105K | 9.4B | 8.88B | 104K | 104K | 7.9B | 7.59B | 7.22B |
| Retained Earnings | 5.82B | 0 | 0 | 0 | 5.9B | 0 | 5.65B | 0 | 6.44B | 0 | 5.99B | 0 | 5.6B | 0 | 0 | 5.49B | 5.19B | 0 | 0 | 0 |
| Treasury Stock | -4.1M | 0 | 0 | 0 | -53.34M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -537.26M | -541.38M | 0 | 0 | 0 |
| Accumulated OCI | 41.75M | 0 | 0 | 0 | 186.55M | 0 | 158.56M | 0 | 74.62M | 0 | 121.55M | 0 | -2.55M | 0 | 0 | -149.31M | -140.01M | 0 | 0 | 0 |
| Minority Interest | 156.11M | 0 | 5.19M | 0 | 66.89M | 0 | 63.28M | 0 | 117.23M | 0 | 169.78M | 0 | 94.78M | 99.32M | 99.32M | 99.32M | 100.87M | 91.86M | 91.86M | 91.86M |