profit from every $100 of sales.
$0$100
Noah Holdings
$6.52-0.91% today
-41.1% in 1 year
1-year low $6.521-year high $12.32
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay $5.34 for every $1 of profit it makes in a year.
CheapExpensive
It holds more cash than debt.
No debt5 years
Money in, money out
What Noah Holdings sold, what it kept, and what it did with the cash.
Sales went from CN¥3.10 billion in 2022 to CN¥2.61 billion in 2025, with CN¥559 million of profit last year.
SalesProfit
Noah Holdings handed back 71% of the cash it generated last year.
CN¥547M
Free cash flow 2025CN¥842M
Bought back its own sharesCN¥52M
Paid as dividendsCN¥547M
Cash vs. debtCN¥4.4B vs. CN¥100M
Noah Holdings vs. similar companies
Noah Holdings grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Noah Holdings | 5.3× · Cheap | ||
 BlackRock | 34.0× · Expensive | ||
 Blackstone | 49.1× · Expensive | ||
 Investor | 8.5× · Cheap | ||
 Brookfield | 70.0× · Very expensive |
AI analysis
An AI analyst reads Noah Holdings's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 3,100 | 3,295 | 2,601 | 2,610 | |
| 1,658 | 1,838 | 1,252 | 1,394 | |
| 1,088 | 1,098 | 634 | 777 | |
| 1,244 | 1,256 | 791 | 934 | |
| 977 | 1,009 | 475 | 559 | |
| 14.28 | 14.55 | 6.75 | 7.95 | |
| 53.5% | 55.8% | 48.1% | 53.4% | |
| 35.1% | 33.3% | 24.4% | 29.8% | |
| 31.5% | 30.6% | 18.3% | 21.4% |
Balance sheet
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 11,798 | 12,685 | 11,779 | 11,741 |
| Cash | 4,404 | 5,192 | 3,822 | 4,361 |
| Total debt | 168 | 138 | 121 | 100 |
| Total liabilities | 2,298 | 2,258 | 1,766 | 1,758 |
| 9,406 | 10,310 | 9,946 | 9,827 | |
| 68 | 69 | 70 | 70 | |
| 9.0% | 8.3% | 5.0% | 6.2% | |
| 10.4% | 9.8% | 4.8% | 5.7% |
Cash flow
| In millions of CNY | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 633 | 1,318 | 387 | 977 | |
| 63 | 158 | 82 | 134 | |
| 570 | 1,160 | 305 | 842 | |
| Dividends paid | 0 | 178 | 1,008 | 547 |
| 0 | 0 | 53 | 52 | |
| 42 | 12 | 109 | 67 |
Valuation
- 5.3×
- 0.7×
- –
- 0.3×
- 1.1×
- 3.5×
- –
- 28.3%
- 18.7%
- 18.3%
Profitability
- 53.4%
- 29.8%
- 21.4%
- 24.3%
- 6.3%
- 7.3%
- 5.7%
- 4.8%
- 6.6%
- –
Growth
- −5.6%
- −17.7%
- +176.1%
- –
- +1.0%
Financial health
- -4.6×
- 0.01
- 0.8%
- –
- 4.46
- 154.31
- 0.22
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 44%of 667
Top 32%of 522
Top 7%of 903
Bottom 14%of 911
Top 6%of 939
What analysts expect
- Average price target
- $10.00
- Range
- $10.00 – $10.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Mar 24, 2026 | 0.05 | – | – |
| Nov 25, 2025 | 0.46 | – | – |
| Aug 27, 2025 | 0.37 | – | – |
| May 28, 2025 | 0.33 | – | – |
| Mar 25, 2025 | 0.26 | – | – |
| Nov 26, 2024 | 0.30 | – | – |
| Aug 28, 2024 | 0.21 | 0.28 | −23.7% |
| May 29, 2024 | 0.32 | – | – |
18.3%of the share price, paid each year
On $1,000 invested$183a year at today's yield, before tax
–per share
Raised–not every year
Paid per share, each year
$0.36 in 2023 → $1.16 in 2025
How safe it looks
97.8% of its profit
Room to growStretchedMore than it earns: 64.9%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
65Pass
Benjamin Graham
100Pass
Philip Fisher
56No pass
Peter Lynch
31No pass
Joel Greenblatt
35No pass
Charlie Munger
61Pass
Terry Smith
55No pass
Questions about Noah Holdings
Is Noah Holdings a good stock to buy?
A strong, very profitable business, and the price looks low. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Noah Holdings AI analysis
What does Noah Holdings do?
Noah Holdings Limited, together with its subsidiaries, operates as a wealth and asset management service provider with the focus on investment and asset allocation services for high net worth individuals and corporate entities in Mainland of China, Hong Kong, and internationally. It is in Asset Management.
Does Noah Holdings pay a dividend?
Yes. At today's price the dividend is 18.3% a year, about 98% of its yearly profit. In 2025 it paid out $547 million in dividends.
Is Noah Holdings stock halal?
No. Noah Holdings does not pass our halal screen: its cash and confirmed interest-bearing investments are 146% of its market value, at or above the 33% limit. How we check
How has Noah Holdings stock done over the past year?
Down 41.1% over the past twelve months, to $6.52. It traded between $6.52 and $12.32 and is 47.1% below its high.
Who are Noah Holdings's competitors?
The largest listed companies in the same industry are BlackRock, Blackstone, Investor and Brookfield. The peers table on this page compares their profit, growth and price with Noah Holdings's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.