Noah Hldgs Ltd Stock Price, News & Analysis

Investment product distribution value declined 14.7% YoY to RMB16.1 billion, with overseas products accounting for RMB8.1 billion. The company maintained its strategic focus on international expansion while streamlining domestic operations, reducing mainland China coverage from 18 to 11 cities.

Noah Holdings (NYSE: NOAH, HKEX: 6686), a leading wealth management service provider for global Chinese high-net-worth investors, will release its Q1 2025 unaudited financial results on May 28, 2025, after U.S. markets close. The company will host an earnings conference call at 8:00 p.m. ET on the same day.

Noah's recent performance highlights include distributing RMB63.9 billion (US$8.8 billion) of investment products in 2024 and managing assets worth RMB151.5 billion (US$20.8 billion) through Gopher Asset Management and Olive Asset Management as of December 31, 2024. The company serves 462,049 registered clients across major cities in mainland China, Hong Kong, and key U.S. locations.

Noah Holdings released its 2024 Chairwoman Letter highlighting significant achievements in global expansion and business transformation. The company reported strong financial results, with overseas net revenues reaching 48% of total revenue and overseas transaction value increasing 31% YoY to $4.3 billion.

Key highlights include: domestic RMB private secondary products transaction value increasing over 200% in Q4 2024; overseas AUM growing 18% YoY to $5.8 billion; and overseas AUA rising 5% YoY to $8.7 billion. The company generated RMB 550 million in non-GAAP net income and approved 100% dividend payout, consisting of RMB275 million annual and RMB275 million special dividends.

The company restructured its operations, establishing 138 overseas relationship managers in key markets like Hong Kong and Singapore, while launching three new brands: ARK Wealth Management, Olive Asset Management, and Glory Family Heritage.

Noah Holdings (NYSE: NOAH, HKEX: 6686), a leading wealth management service provider for Mandarin-speaking high net worth investors, has announced the filing of its 2024 annual report on Form 20-F with the U.S. Securities and Exchange Commission on April 24, 2025.

The annual report is accessible through Noah's investor relations website at http://ir.noahgroup.com. Shareholders can request a complimentary hard copy of the complete audited financial statements by contacting the Company's Investor Relations Department at ir@noahgroup.com.

Noah Holdings (NYSE: NOAH, HKEX: 6686) has been included in the S&P Global Sustainability Yearbook (China Edition) 2025, marking its excellence in ESG practices. The company, which provides wealth management services for Mandarin-speaking high-net-worth investors, was selected from 1,662 Chinese enterprises, ranking in the top 15% of its industry.

The recognition comes after Noah received 'A' ratings from both Refinitiv and Wind ESG, placing it in the top 1.8% and 6% of its industry globally. As a UN PRI signatory, Noah has demonstrated commitment through its ten consecutive annual Sustainability Reports and various ESG initiatives.

The company showcases strong diversity metrics with 62% female employees, 44% female executives, and 44% female board members. Noah's sustainability efforts include launching ESG-themed private equity products, establishing a responsible investment task force, and creating an Equal Education Opportunity Fund in 2024. The company continues to align its ESG framework with China's dual carbon goals and The Paris Agreement.

Noah Holdings 's (NYSE: NOAH) ARK Wealth Management platform has secured two major industry awards: 'Best Wealth Manager' at the 2025 Hong Kong Euromoney Private Banking Awards and 'Best Independent Wealth Manager - China' at the 14th Asian Private Banker Awards.

The platform demonstrated significant growth with USD-denominated fundraising exceeding $1 billion by September 2024. ARK Wealth Management currently manages $8.7 billion in assets under advisement and employs over 140 global investment advisors. The company's proprietary iARK digital platform offers multi-currency transactions and alternative asset trading capabilities.

The firm operates through a new overseas headquarters in Singapore, serving high-net-worth Chinese clients globally with an 'anti-fragile' wealth management philosophy focused on security and sustainable growth.

Noah Holdings (NYSE: NOAH) reported its Q4 and FY2024 financial results, showing resilience despite challenging market conditions. Full-year net revenues declined 21.1% to RMB2.6 billion (US$356.3 million), with overseas revenues accounting for 48% of total. Q4 net revenues decreased 18.5% to RMB651.9 million.

The company's Non-GAAP net income for 2024 fell 46% to RMB550.2 million, impacted by reduced government subsidies and increased tax expenses. Noah underwent significant domestic restructuring while expanding globally, with overseas AUM growing 15% to US$5.8 billion. The company raised US$663 million for overseas investments, a 44.9% increase year-over-year.

The Board approved both an annual and special dividend totaling RMB550 million, equivalent to 100% of 2024 non-GAAP net income. Noah continues to focus on expanding its global presence and diversifying product offerings for 2025.

Noah Holdings (NYSE: NOAH) reported Q4 2024 financial results showing a decline in performance. Net revenues decreased 18.5% year-over-year to RMB651.9 million (US$89.3 million), primarily due to reduced insurance product distribution. Net income attributable to shareholders fell 49.3% to RMB109.8 million (US$15.0 million).

For full year 2024, net revenues declined 21.1% to RMB2,601.0 million (US$356.3 million). The company's overseas business showed resilience, with overseas registered clients increasing 18.3% to 17,654. Total assets under management remained stable at RMB151.5 billion (US$20.8 billion).

The company announced a combined annual and special dividend totaling RMB550 million, equivalent to 100% of full-year 2024 non-GAAP net income attributable to shareholders.