Noah Holdings Ltd - Understand $noah stock

$NOAH Market Cap: $840.7 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$2.815B

TTM

Gross Margin

Net Earnings

$681.1M

TTM

Current Assets

$7.205B

Q2 2024

Current Liabilities

$2.411B

Q2 2024

Current Ratio

298.82%

Q2 2024

Total Assets

$12.47B

Q2 2024

Total Liabilities

$2.737B

Q2 2024

Book Value

$9.730B

Q2 2024

Cash

$4.605B

Q2 2024

P/E

1.234

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$3.295B	$3.100B	$4.293B	$3.306B	$3.392B	$3.290B	$2.827B	$2.514B	$2.120B	$1.527B	$1.007B	$546.9M	$466.3M	$256.3M	$99.50M	$58.20M	$24.40M
YoY Change	6.27%	-27.78%	29.87%	-2.54%	3.11%	16.37%	12.46%	18.57%	38.82%	51.68%	84.09%	17.29%	81.94%	157.59%	70.96%	138.52%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue	$3.295B	$3.100B	$4.293B	$3.306B	$3.392B	$3.290B	$2.827B	$2.514B	$2.120B	$1.527B	$1.007B	$546.9M	$466.3M	$256.3M	$99.50M	$58.20M	$24.40M
Cost Of Revenue													$95.70M	$44.50M	$17.10M	$8.500M	$1.900M
Gross Profit													$370.7M	$211.8M	$82.30M	$49.70M	$22.50M
Gross Profit Margin													79.5%	82.64%	82.71%	85.4%	92.21%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Selling, General & Admin	$2.211B	$2.026B	$3.102B	$2.062B	$2.369B	$2.256B	$1.977B	$1.858B	$1.599B	$1.036B	$662.6M	$408.3M	$212.1M	$106.8M	$51.90M	$39.50M	$16.50M
YoY Change	9.15%	-34.7%	50.47%	-12.98%	5.01%	14.14%	6.41%	16.16%	54.39%	56.32%	62.28%	92.5%	98.6%	105.78%	31.39%	139.39%
% of Gross Profit													57.22%	50.42%	63.06%	79.48%	73.33%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$158.1M	$156.0M	$146.6M	$98.50M	$105.4M	$92.30M	$82.00M	$61.30M	$34.40M	$22.40M	$15.20M	$11.40M	$6.500M	$2.600M	$2.100M	$1.600M	$400.0K
YoY Change	1.36%	6.41%	48.8%	-6.55%	14.19%	12.56%	33.77%	78.2%	53.57%	47.37%	33.33%	75.38%	150.0%	23.81%	31.25%	300.0%
% of Gross Profit													1.75%	1.23%	2.55%	3.22%	1.78%
Operating Expenses	$2.197B	$2.012B	$3.094B	$2.047B	$2.477B	$2.363B	$2.050B	$1.846B	$1.561B	$974.6M	$634.4M	$383.9M	$208.4M	$105.6M	$50.40M	$38.70M	$16.00M
YoY Change	9.19%	-34.98%	51.13%	-17.34%	4.81%	15.28%	11.03%	18.26%	60.19%	53.63%	65.25%	84.21%	97.35%	109.52%	30.23%	141.88%
Operating Profit	$1.098B	$1.088B	$1.199B	$1.258B									$162.3M	$106.2M	$31.90M	$11.00M	$6.500M
YoY Change	0.87%	-9.21%	-4.73%										52.82%	232.92%	190.0%	69.23%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Interest Expense	$161.9M	$61.42M	$71.87M	$67.30M	$88.70M	$59.80M	$20.90M	$20.20M	$23.60M	$39.60M	$22.20M	$14.30M	$33.40M	$2.700M	-$5.000M	-$9.100M	-$1.500M
YoY Change	163.65%	-14.54%	6.78%	-24.13%	48.33%	186.12%	3.47%	-14.41%	-40.4%	78.38%	55.24%	-57.19%	1137.04%	-154.0%	-45.05%	506.67%
% of Operating Profit	14.75%	5.64%	5.99%	5.35%									20.58%	2.54%	-15.67%	-82.73%	-23.08%
Other Income/Expense, Net	$10.89M	$13.13M	-$18.24M	$4.200M	-$7.000M	-$23.40M	$3.500M	-$2.500M	$500.0K	-$14.70M	$0.00	$700.0K	$800.0K	-$200.0K	-$100.0K	-$500.0K	$0.00
YoY Change	-17.04%	-171.98%	-534.29%	-160.0%	-70.09%	-768.57%	-240.0%	-600.0%	-103.4%		-100.0%	-12.5%	-500.0%	100.0%	-80.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Pretax Income	$1.209B	$1.150B	$1.298B	-$585.3M	$968.0M	$1.012B	$868.8M	$733.5M	$634.8M	$601.0M	$418.7M	$197.3M	$205.3M	$110.6M	$29.30M	$1.700M	$7.000M
YoY Change	5.19%	-11.44%	-321.77%	-160.46%	-4.31%	16.44%	18.45%	15.55%	5.62%	43.54%	112.21%	-3.9%	85.62%	277.47%	1623.53%	-75.71%
Income Tax	$262.4M	$267.1M	$293.9M	$258.5M	$220.0M	$222.3M	$199.1M	$158.0M	$129.9M	$151.1M	$100.0M	$56.60M	$50.30M	$32.40M	$4.400M	$4.500M	$4.400M
% Of Pretax Income	21.7%	23.24%	22.64%		22.73%	21.98%	22.92%	21.54%	20.46%	25.14%	23.88%	28.69%	24.5%	29.29%	15.02%	264.71%	62.86%
Net Earnings	$1.009B	$976.6M	$1.314B	-$745.2M	$829.2M	$811.3M	$762.9M	$643.8M	$535.8M	$446.1M	$316.2M	$144.0M	$154.9M	$78.00M	$24.90M	-$2.800M	$2.600M
YoY Change	3.37%	-25.69%	-276.35%	-189.87%	2.21%	6.34%	18.5%	20.16%	20.11%	41.08%	119.58%	-7.04%	98.59%	213.25%	-989.29%	-207.69%
Net Earnings / Revenue	30.64%	31.5%	30.61%	-22.54%	24.45%	24.66%	26.99%	25.61%	25.27%	29.21%	31.41%	26.33%	33.22%	30.43%	25.03%	-4.81%	10.66%
Basic Earnings Per Share	$2.91	$28.58	$39.12	-$24.02
Diluted Earnings Per Share	$2.91	$28.56	$38.90M	-$24.04M	$26.83M	$26.43M	$25.26M	$21.46M	$17.80M	$15.82M	$11.29M	$5.125M	$5.435M	$4.105M	$1.482M	-$383.6K	$321.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Cash & Short-Term Investments	$5.572B	$4.720B	$3.497B	$5.120B	$5.059B	$3.155B	$2.067B	$3.282B	$2.693B	$1.888B	$1.358B	$1.050B	$991.8M	$893.2M	$90.70M	$52.70M	$42.70M
YoY Change	18.04%	34.95%	-31.69%	1.22%	60.36%	52.61%	-37.01%	21.86%	42.65%	39.03%	29.27%	5.91%	11.04%	884.79%	72.11%	23.42%
Cash & Equivalents	$5.192B	$4.404B	$3.405B	$5.005B	$4.387B	$2.704B	$1.907B	$2.983B	$2.133B	$1.750B	$1.187B	$744.9M	$861.4M	$878.2M	$82.70M	$52.70M	$41.50M
Short-Term Investments	$379.5M	$316.0M	$92.80M	$114.9M	$671.3M	$450.5M	$160.3M	$299.2M	$560.1M	$137.6M	$170.6M	$305.5M	$130.4M	$15.00M	$8.000M	$0.00	$1.200M
Other Short-Term Assets	$360.7M	$189.9M	$164.2M	$208.4M	$185.7M	$239.7M	$255.7M	$89.80M	$76.10M	$81.40M	$34.20M	$40.80M	$32.50M	$23.20M	$2.200M	$1.300M	$400.0K
YoY Change	89.89%	15.66%	-21.2%	12.22%	-22.53%	-6.26%	184.74%	18.0%	-6.51%	138.01%	-16.18%	25.54%	40.09%	954.55%	69.23%	225.0%
Inventory
Prepaid Expenses
Receivables	$504.0M	$498.1M	$808.0M	$434.5M	$219.6M	$282.4M	$175.5M	$808.3M	$122.3M	$68.10M	$51.30M	$62.60M	$39.20M	$7.200M	$400.0K	$200.0K	$0.00
Other Receivables	$680.8M	$909.2M	$1.047B	$940.1M	$1.267B	$1.427B	$1.538B	$552.8M	$370.4M	$235.9M	$147.0M	$28.00M	$10.90M	$6.700M	$2.300M	$2.400M	$1.900M
Total Short-Term Assets	$7.117B	$6.317B	$5.517B	$6.703B	$6.731B	$5.104B	$4.036B	$4.733B	$3.262B	$2.273B	$1.590B	$1.182B	$1.074B	$930.3M	$95.60M	$56.70M	$45.00M
YoY Change	12.66%	14.51%	-17.7%	-0.42%	31.88%	26.46%	-14.72%	45.09%	43.49%	42.94%	34.57%	10.0%	15.49%	873.12%	68.61%	26.0%
Property, Plant & Equipment	$2.621B	$2.655B	$2.805B	$522.8M	$648.5M	$346.7M	$303.3M	$243.5M	$196.5M	$92.20M	$57.00M	$27.30M	$27.90M	$9.300M	$3.400M	$4.100M	$1.400M
YoY Change	-1.25%	-5.35%	436.46%	-19.38%	87.05%	14.31%	24.56%	23.92%	113.12%	61.75%	108.79%	-2.15%	200.0%	173.53%	-17.07%	192.86%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$2.337B	$2.266B	$2.071B	$1.801B	$2.153B	$2.400B	$1.957B	$886.1M	$577.9M	$283.5M	$172.0M	$57.10M	$27.20M	$35.00M	$10.00M	$0.00	$0.00
YoY Change	3.14%	9.43%	14.97%	-16.36%	-10.28%	22.65%	120.84%	53.33%	103.84%	64.83%	201.23%	109.93%	-22.29%	250.0%
Other Assets	$610.1M	$560.6M	$497.7M	$372.5M	$269.5M	$163.4M	$198.5M	$94.40M	$60.70M	$26.00M	$16.40M	$13.30M	$9.200M	$5.300M	$1.900M	$900.0K	$0.00
YoY Change	8.83%	12.62%	33.62%	38.22%	64.93%	-17.68%	110.28%	55.52%	133.46%	58.54%	23.31%	44.57%	73.58%	178.95%	111.11%
Total Long-Term Assets	$5.568B	$5.481B	$5.373B	$2.696B	$3.071B	$2.910B	$2.459B	$1.224B	$835.2M	$401.6M	$245.5M	$97.70M	$64.40M	$49.50M	$15.40M	$5.000M	$1.400M
YoY Change	1.59%	2.01%	99.26%	-12.21%	5.54%	18.36%	100.88%	46.55%	107.97%	63.58%	151.28%	51.71%	30.1%	221.43%	208.0%	257.14%
Total Assets	$12.69B	$11.80B	$10.89B	$9.400B	$9.803B	$8.014B	$6.495B	$5.957B	$4.097B	$2.675B	$1.836B	$1.280B	$1.139B	$979.8M	$111.0M	$61.70M	$46.40M
YoY Change
Accounts Payable						$0.00	$3.900M	$569.4M
YoY Change						-100.0%	-99.32%
Accrued Expenses	$564.1M	$669.0M	$1.375B	$1.003B	$738.9M	$862.2M	$851.4M	$730.7M	$619.3M	$320.5M	$255.1M	$115.7M	$73.60M	$42.80M	$13.20M	$4.400M	$1.600M
YoY Change	-15.67%	-51.35%	37.09%	35.74%	-14.3%	1.27%	16.52%	17.99%	93.23%	25.64%	120.48%	57.2%	71.96%	224.24%	200.0%	175.0%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$488.0M	$0.00	$0.00	$50.00M	$0.00	$0.00	$0.00	$0.00	$17.10M	$11.70M	$2.600M
YoY Change						-100.0%			-100.0%					-100.0%	46.15%	350.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.891B	$1.905B	$2.283B	$1.881B	$1.505B	$1.591B	$1.823B	$1.576B	$966.8M	$692.8M	$380.3M	$164.1M	$105.7M	$97.10M	$35.40M	$18.50M	$7.800M
YoY Change	-0.72%	-16.56%	21.37%	24.98%	-5.41%	-12.74%	15.71%	62.98%	39.55%	82.17%	131.75%	55.25%	8.86%	174.29%	91.35%	137.18%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$145.0M	$0.00	$555.4M	$518.2M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change					-100.0%		-100.0%	7.18%
Other Long-Term Liabilities	$104.2M	$142.9M	$231.0M	$195.2M	$366.2M	$35.70M	$113.7M	$98.90M	$77.90M	$31.00M	$21.80M	$22.00M	$19.70M	$15.30M	$8.300M	$7.200M	$5.700M
YoY Change	-27.1%	-38.12%	18.33%	-46.7%	925.77%	-68.6%	14.96%	26.96%	151.29%	42.2%	-0.91%	11.68%	28.76%	84.34%	15.28%	26.32%
Total Long-Term Liabilities	$104.2M	$142.9M	$231.0M	$195.2M	$366.2M	$180.7M	$113.7M	$654.3M	$596.1M	$31.00M	$21.80M	$22.00M	$19.70M	$15.30M	$8.300M	$7.200M	$5.700M
YoY Change	-27.1%	-38.12%	18.33%	-46.7%	102.66%	58.93%	-82.62%	9.76%	1822.9%	42.2%	-0.91%	11.68%	28.76%	84.34%	15.28%	26.32%
Total Liabilities	$2.258B	$2.298B	$2.849B	$2.214B	$2.789B	$2.177B	$2.066B	$2.624B	$1.648B	$734.9M	$477.2M	$200.5M	$125.4M	$112.4M	$43.80M	$25.70M	$13.50M
YoY Change	-1.73%	-19.35%	28.68%	-20.62%	28.14%	5.37%	-21.29%	59.24%	124.26%	54.0%	138.0%	59.89%	11.57%	156.62%	70.43%	90.37%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020
Basic Shares Outstanding	347.4M	34.17M	33.59M	31.02M
Diluted Shares Outstanding	347.4M	34.20M	33.78M	31.02M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $840.72 Million

About Noah Holdings Ltd

Noah Holdings Ltd is a CN-based company operating in Capital Markets industry. The company is headquartered in Shanghai, Shanghai and currently employs 2,583 full-time employees. The company went IPO on 2010-11-10. Noah Holdings Ltd is an investment holding company primarily engaged in the provision of wealth management services. The firm operates its business through three segments. The Wealth Management Business segment is engaged in offering various investment products, including primarily domestic and overseas mutual fund products, private secondary products and other products as well as providing customized value-added financial services, including investor education and trust services. The Asset Management Business segment is engaged in managing clients’ investments in private equity, real estate, public securities, multi-strategy and other investment products. The Other Businesses segment includes lending services and other services. The firm conducts its business in the domestic and overseas markets.

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