Noah Hldgs Ltd Stock Price, News & Analysis

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.

Noah Holdings (NYSE: NOAH), a leading wealth management service provider for Mandarin-speaking high-net-worth investors, has scheduled to release its Q4 and full-year 2024 unaudited financial results on March 25, 2025, after U.S. markets close.

The company reported distributing RMB47.6 billion (US$6.8 billion) of investment products in the first nine months of 2024. Through Gopher Asset Management and Olive Asset Management, Noah's assets under management reached RMB150.1 billion (US$21.4 billion) as of September 30, 2024. The company's wealth management business had 460,380 registered clients as of September 30, 2024.

Noah's services include distribution of private equity, public securities, and insurance products across major cities in mainland China, Hong Kong, New York, Silicon Valley, Singapore, and Los Angeles.

Noah Holdings (NYSE: NOAH) has significantly expanded its global presence through its ARK Group platform by opening a new overseas headquarters in Singapore, tripling its physical footprint in the city-state. Located at 333 North Bridge Road, Odeon, the expansion strengthens ARK Group's position in one of the fastest-growing locations for Chinese personal assets abroad.

The company, which manages $8.7 billion in assets under advisement (AUA), is investing in talent acquisition and operational capabilities to enhance its client-centric service. ARK Group's expansion is supported by key regulatory licenses from the Monetary Authority of Singapore, including Capital Markets Services, Financial Adviser's, and Trust Services licenses.

While establishing Singapore as its overseas hub, ARK Group maintains its presence across Hong Kong, Tokyo, New York, and Los Angeles, with a team of 140+ global investment advisors serving high-net-worth global Chinese families and institutions.

ARK Wealth Management, a subsidiary of Noah Holdings (NYSE: NOAH, HKEX: 6686), has released its H1 2025 CIO Report highlighting a paradigm shift in wealth management strategy amid increasing market volatility. The report identifies four major forces shaping the investment landscape: geopolitical uncertainties, AI commercialization, and changing Chinese HNWI investment preferences.

The firm, managing $8.7 billion in assets under advisement with 140+ global investment advisors, introduces a three-tier strategic asset allocation framework focusing on safety nets, foundational investments, and growth opportunities. The new approach moves beyond traditional investment pillars toward a more holistic, value-driven strategy prioritizing wealth preservation over maximization.

The report emphasizes the need for an 'anti-fragile' system capable of adapting to economic and political disruptions, particularly relevant given potential impacts of a second Trump presidency, diverging global monetary policies, and AI industry developments.

Noah Holdings (NYSE: NOAH, HKEX: 6686) hosted its latest Black and Diamond Client Summit Series event in Hong Kong through its global wealth management platform, ARK Wealth Management. The event, titled ARK Hong Kong New Year Special Summit, took place from January 13-15, 2025, marking the fifteenth consecutive year of this premier annual client engagement initiative.

The summit focuses on strategic asset allocation adjustments in response to significant macroeconomic shifts, providing clients with insights into economic trends. This event represents a key platform for Noah's client engagement through its newly launched ARK Wealth Management platform, which specifically targets global Chinese investors.

Noah Holdings hosted its 2024 Corporate Open Day in Hong Kong, showcasing its strategic initiatives and global expansion. The company introduced three major global brands: ARK Private Wealth, Olive Asset Management, and Glory Family Heritage. Noah's overseas net income reached RMB 376.9 million in Q3 2024, a 28.9% year-on-year increase, representing 55.1% of total revenue.

The company has strengthened its presence in key markets including Hong Kong and Singapore, while expanding into the US, Europe, Japan, Canada, and Australia. Olive Asset Management reported overseas AUM of USD 5.63 billion, up 16.0% year-on-year, with overseas private equity and primary market funds reaching USD 4.27 billion, a 19.0% increase.

Noah Holdings hosted its 2024 Corporate Open Day in Hong Kong, showcasing strategic initiatives for global expansion and investment product leadership. The company highlighted its new brands: ARK Private Wealth, Olive Asset Management, and Glory Family Heritage for serving overseas Mandarin-speaking clients.

The company reported strong overseas performance with net revenues growing 28.9% year-over-year and 35.3% sequentially in Q3 2024. Noah is expanding its global presence with offices in Hong Kong, Singapore, Japan, and planned operations in the U.S., focusing on underserved Mandarin-speaking investors in emerging markets.

The event emphasized Noah's expanded product offerings in cash management, structured products, hedge funds, private credit, and infrastructure, alongside its traditional strengths in private equity and venture capital.

Noah Holdings reported strong Q3 2024 financial results with net revenues of RMB 683.7 million (US$ 97.4 million), up 11.0% sequentially. Overseas revenues reached RMB 376.9 million (US$ 53.7 million), representing 55.1% of total revenues and growing 28.9% year-over-year. Operating income was RMB 240.8 million (US$ 34.3 million), with operating margin improving to 35.2%. The company expanded its overseas relationship manager team by 89.6% year-over-year to 146 members. Noah also announced new international brands: Ark Wealth Management, Olive Asset Management, and Glory Family Heritage, while maintaining its US$50 million share repurchase program.

Noah Holdings reported Q3 2024 financial results with net revenues of RMB683.7 million (US$97.4 million), an 8.8% decrease year-over-year. The decline was primarily due to a 33.0% decrease in mainland China revenues, partially offset by a 28.9% increase in overseas revenues. Income from operations decreased 3.2% to RMB240.8 million, while net income attributable to shareholders fell 42.4% to RMB134.4 million. The company's overseas expansion showed momentum with an 89.6% increase in overseas relationship managers. Total assets under management were RMB150.1 billion, representing a 3.1% decrease from the previous year.