Noah Holdings Ltd.

Noah Holdings Ltd. provides investment advisory and wealth management services. It operates business through the following segments: Wealth Management, Asset Management, and Lending & Other servicers. The Wealth Management segment offers a global wealth investment and asset allocation services to high net worth individuals and enterprise clients in China. The Asset Management segment manages and develops financial products denominated in both RMB and U.S. dollars, covering real estate funds and funds of funds, including private equity, real estate, secondary market equity, and fixed income funds of funds. The Lending & Other servicers segment operates metrics which include the loan volume and the number of borrowers for lending services business. Noah Holdings was founded by Jingbo Wang, Zhe Yin & Boquan He in 2005 and is headquartered in Shanghai, China.

Earnings data Q4 2020

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Noah Holdings Ltd. reports solid 2022 performance amidst market challenges

Noah Holdings Ltd. navigated a challenging macroeconomic landscape in 2022, focusing on protecting client wealth and achieving solid financial performance. The company saw declines in certain segments but capitalized on client growth and overseas AUM expansion.

Noah Holdings reports robust Q1 earnings amid global expansion

Noah Holdings Ltd. delivered a solid financial performance in Q1 2023, driven by strong revenue contributions from overseas operations.
The company's strategic focus on client needs, global expansion, and ESG initiatives underpin its growth trajectory.
While facing industry challenges and competitive dynamics, Noah remains well-positioned to leverage opportunities in wealth management.
Continuous innovation, expansion of service offerings, and a client-centric approach are key pillars of Noah's growth strategy.

Noah Holdings reports mixed Q2 results, eyes global expansion

Noah Holdings Ltd. saw mixed performance with strong overseas growth but a decline in domestic business revenues.
The company's strengths include international expansion, strong AUM, and successful ESG product launches.
Challenges include addressing industry risks, fee cuts, and boosting domestic business amid declines.
Opportunities for growth exist in global markets, shareholder returns enhancement, and expanding client service stations globally.

Noah Holdings reports robust Q3 earnings amidst international expansion drive

Noah Holdings Ltd. delivered strong financial results driven by overseas revenue growth and a focus on solution-driven wealth management. While facing challenges in revenue predictability and potential regulatory impacts on insurance commissions, the company remains well-positioned to capitalize on international expansion opportunities and evolving client preferences.

Noah Holdings reports robust Q4 earnings, eyes overseas expansion

Noah Holdings Ltd.'s Q4 2023 performance reflects a strong revenue mix, robust operating profit margin, and strategic focus on client needs and global wealth management.
The company's strengths lie in its client-centric approach, domestic strategy, and leadership structure change, positioning it for sustained growth.
Challenges include scalability in comprehensive services, optimizing revenue mix, and maintaining profitability amidst market dynamics, while opportunities exist in dividends, overseas expansion, and service enhancements.

Noah Holdings reports Q1 revenue decline, eyes international expansion

Despite facing challenges in Q1 2024, Noah Holdings demonstrated strength in its overseas business segments and outlined strategic initiatives to navigate the current environment. The company's focus on international expansion and cost optimization positions it well for future growth and client service enhancements.

Noah Holdings reports revenue decline in Q2 2024 earnings call

Noah Holdings Ltd. navigated through revenue declines in Q2 2024, driven by restructuring and operational adjustments.
Despite short-term challenges, the company's strategic initiatives like brand launches and fundraising efforts show promise for future growth.
Emphasis on cost management, shareholder returns, and international expansion positions Noah Holdings for long-term success.

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Noah Holdings Ltd. engages in the provision of investment advisory and wealth management services. It operates through the following segments: Wealth Management, Asset Management, and Other Businesses. The Wealth Management segment offers a global wealth investment and asset allocation services to high net worth individuals and enterprise clients in China. The Asset Management segment manages and develops financial products denominated in both RMB and U.S. dollars, covering real estate funds and funds of funds, including private equity, real estate, secondary market equity, and fixed income funds of funds. The Other Businesses segment operates metrics which include the loan volume and the number of borrowers for lending services business. The company was founded by Jing Bo Wang, Zhe Yin, and Bo Quan He in 2005 and is headquartered in Shanghai, China.

SHANGHAI , Nov. 19, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced that it will host a Corporate Open Day on Friday, December 6, 2024, from 2:00 - 6:00 p.m. HKT in Hong Kong.

Noah to Host Corporate Open Day on December 6, 2024, in Hong Kong

SHANGHAI , Nov. 14, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced that it will report its unaudited financial results for the third quarter ended September 30, 2024, after U.S. markets close on November 26, 2024. Noah's management team will hold an earnings conference call at 7:00 p.m.

Noah to Report Third Quarter 2024 Unaudited Financial Results on November 26, 2024

Shares of Noah Holdings Ltd (NOAH, Financial) surged 6.49% in mid-day trading on Oct 2. The stock reached an intraday high of $14.07, before settling at $13.30, up from its previous close of $12.49.

Noah Holdings Ltd (NOAH) Stock Price Up 6.49% on Oct 2

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NOAH's latest Q2 2024 results were a disappointment, as the company's latest quarterly revenue and earnings missed expectations and dropped significantly on a YoY basis. On the flip side, Noah Holdings announced a new $50 million buyback program that might enhance the stock's future shareholder yield. I continue to have a Neutral view of NOAH following my evaluation of the company's negative financial performance and positive shareholder capital return outlook.

Noah Holdings: Q2 Results Miss And New Buyback Plan Draw Attention

Noah Holdings Limited (NYSE:NOAH ) Q2 2024 Results Earnings Conference Call August 29, 2024 8:00 PM ET Company Participants Melo Xi - Senior Director and Head of Global Capital Markets Zhe Yin - Co-founder, Chief Executive Officer and Chairman of Gopher Asset Management Qing Pan - Group Chief Financial Officer Jingbo Wang - Co-founder and Chairperson Conference Call Participants Peter Zhang - J.P. Morgan Operator Good day.

Noah Holdings Limited (NOAH) Q2 2024 Earnings Call Transcript

SHANGHAI , Aug. 29, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. Noah recorded total net revenue of RMB 616 million in the second quarter of 2024.

Noah Holdings Announces $50M Share Repurchase, Signaling Confidence in Overseas Growth

SHANGHAI , Aug. 29, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. The Company recorded total net revenues of RMB 616 million (US$ 85 million) in the second quarter of 2024, with overseas businesses contributing RMB 279 million (US$ 38 million).

Noah Reports Q2 Earnings, Driven by Robust Growth in Overseas Markets

SHANGHAI , Aug. 28, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the second quarter of 2024. SECOND QUARTER 2024 FINANCIAL HIGHLIGHTS                                                                                                                             N et revenue s for the second quarter of 2024 were RMB615.8 million (US$84.7 million), a 34.6% decrease from the corresponding period in 2023, and a 5.2% decrease from the first quarter of 2024，primarily due to a decrease in distribution of insurance products.

NOAH HOLDINGS LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE SECOND QUARTER OF 2024

SHANGHAI , Aug. 28, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced that as part of its commitment to enhancing shareholder returns, the board of directors of the Company (the "Board") authorized a share repurchase program under which the Company may repurchase up to US$50 million of its American depositary shares or ordinary shares, effective immediately. The authorized term for carrying out this share repurchase program is two years.

Noah Holdings Announces US$50 Million Share Repurchase Program

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Before July 31, 2024, my REaders mentioned 38 equities in their comments on my articles. Some bad-news investments (ROgues) mixed with (mostly) FAvorites. Thus, readers commented about the ReFa/Ro. Ten analyst-target-estimated TOP-NET-GAIN ReFa/Ro: FSK, PFE, VZ, PFS, PBR, ET, ESEA, EL, VALE, and NOAH averaged 41.06% net gains from reader data collected 8/14/24. Ten analyst-target-augured July TOP-PRICE-UPSIDE reader faves & rogues (ReFa/Ro) were: XOM, PBR, PFE, VZ, PFS, ET, ESEA, EL, VALE & NOAH, boasting a 33.38% average target price upside estimate.

Readers Identify 25 Ideal July Dividend Buys Out Of 37 Picks

SHANGHAI , Aug. 16, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin speaking high-net-worth investors, today announced that it will report its unaudited financial results for the second quarter and half year ended June 30, 2024, after U.S. markets close on August 28, 2024. Noah's management team will hold an earnings conference call at 8:00 p.m.

Noah to Report Second Quarter and Half Year 2024 Unaudited Financial Results on August 28, 2024

SHANGHAI , Aug. 6, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, rewarded shareholders with a record RMB1,018 million (approximately USD 140.1 million) dividend payout under its new capital management and shareholder return policy. The dividend payout was processed on July 25 for registered holders of the Company's shares in Hong Kong and August 1 for registered holders of the Company's shares in the U.S. "We are a company with a strong balance sheet that is often underestimated," said Ms.

Noah Holdings Rewards Shareholders with Record RMB 1,018 Million Dividend Payout Under New Shareholder Return Policy

SHANGHAI , June 12, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced that its annual general meeting (the "AGM") was held in Hong Kong on June 12, 2024 and all the proposed resolutions submitted for shareholders' approval as set forth in the notice of the AGM dated April 24, 2024 were duly passed at the AGM. The Company also announced that it will distribute (i) final dividend of RMB509.0 million (approximately US$70.2 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB1.54 (equivalent to approximately US$0.21, or approximately HK$1.66) per share (tax inclusive)) in respect of the year ended December 31, 2023; and (ii) special dividend of RMB509.0 million (approximately US$70.2 million based on the latest exchange rates available as of the date of this announcement) in aggregate (with a distribution ratio of RMB1.54 (equivalent to approximately US$0.21, or approximately HK$1.66 based on the latest exchange rates available as of the date of this announcement ) per share (tax inclusive)), to Shareholders whose names appear on the register of members of the Company as of the close of business on July 3, 2024 (the "Dividend Record Date").

Noah Holdings Limited Announces Results of Annual General Meeting and Payment of Final Dividend and Special Dividend

Noah Holdings Limited (NYSE:NOAH ) Q1 2024 Results Conference Call May 29, 2024 8:00 PM ET Company Participants Melo Xi - Director of Investor Relations Zhe Yin - Co-Founder, Chief Executive Officer & Director Qing Pan - Group Chief Financial Officer Conference Call Participants Peter Zhang - JPMorgan Operator Good day, and welcome to the Noah Holdings First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.

Noah Holdings Limited (NOAH) Q1 2024 Earnings Call Transcript

SHANGHAI , May 29, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the first quarter of 2024. FIRST QUARTER 2024 FINANCIAL HIGHLIGHTS                                                                                                                            N et revenue s for the first quarter of 2024 were RMB649.5 million (US$90.0 million), a 19.2% decrease from the corresponding period in 2023, mainly due to decreases in performance-based income generated from USD private equity products and recurring service fees generated from RMB private equity and private secondary products.

NOAH HOLDINGS LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FIRST QUARTER OF 2024

SHANGHAI , May 17, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive advisory services on global investment and asset allocation primarily for Mandarin speaking high-net-worth investors, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2024, after U.S. markets close on May 29, 2024. Noah's management team will hold an earnings conference call at 8:00 p.m.

Noah to Report First Quarter 2024 Unaudited Financial Results on May 29, 2024

SHANGHAI , May 7, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company," or "Noah") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today provides updates on the status of the legal proceedings against Camsing International Holding Limited and one of its affiliates (collectively, "Camsing")  related to certain credit funds (the "Camsing Credit Funds") managed by Shanghai Gopher Asset Management Co., Ltd. ("Shanghai Gopher").

Noah Holdings Limited Provides Further Updates on the Status of the Legal Proceedings Related to Certain Credit Funds Managed by Shanghai Gopher Asset Management Co., Ltd.

SHANGHAI , April 24, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high net worth investors, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the U.S. Securities and Exchange Commission on April 24, 2024. The annual report can be accessed on Noah's investor relations website at  http://ir.noahgroup.com.

Noah Holdings Limited Files 2023 Annual Report on Form 20-F

SHANGHAI , April 24, 2024 /PRNewswire/ -- Dear Shareholders: On behalf of the Board of Directors and the management team of Noah, we would like to express our sincere gratitude to our shareholders for their unwavering support. Global markets experienced significant turbulence across various key asset classes while also grappling with tight credit conditions and ongoing geopolitical instability in 2023.

Noah Releases 2023 Chairwoman/CEO Letter

Noah Holdings Limited (NOAH) Q4 2023 Earnings Call Transcript

SHANGHAI, March 26, 2024 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH and HKEX: 6686), a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for Mandarin-speaking high-net-worth investors, today announced its unaudited financial results for the fourth quarter of 2023 and the audited financial results for the full year ended December 31, 2023. FOURTH QUARTER 2023 FINANCIAL HIGHLIGHTS Net revenues were RMB799.5 million (US$112.6 million), a 9.4% decrease from the corresponding period in 2022, mainly due to decreases in performance-based income generated from private equity products and recurring service fees generated from RMB private equity and private secondary products.

NOAH HOLDINGS LIMITED ANNOUNCES UNAUDITED FINANCIAL RESULTS FOR THE FOURTH QUARTER 2023 AND AUDITED FINANCIAL RESULTS FOR FULL YEAR 2023

Noah Holdings is undervalued, with a sticky client base and consistent earnings power. The company serves China's high net worth population, with a large total addressable market. Attractive capital returns from share buybacks and dividends reward investors for waiting.

Noah Holdings: Building Wealth Through A Growing Client Base

SHANGHAI , March 14, 2024 /PRNewswire/ -- Noah Holdings Limited (the "Company" or "Noah") (NYSE: NOAH and HKEX: 6686), a leading wealth management service provider offering comprehensive global investment and asset allocation advisory services primarily for Mandarin-speaking high-net-worth investors, today announced that it will report its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on March 26, 2024. Noah's management team will hold an earnings conference call at 8:00 p.m.

Noah to Report Fourth Quarter and Full Year 2023 Unaudited Financial Results on March 26, 2024

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