Pulling SEC filings + quote and writing the call…

NOAH HOLDINGS LTD
Next earnings Aug 25, 2026
Strong net margin (21.4%).
Revenue (FY2025) $373M · FY2025
Middling fundamentals and a rich price (~37% above fair value) leave little margin of safety — a wait-and-see.
NOAH HOLDINGS LTD shows $373M in FY2025 revenue (+4.8% YoY), a 21.4% net margin, and 5.7% ROE.
Supporting the case: strong net margin (21.4%); conservative balance sheet (liabilities/equity 0.18x).
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $674M | $450M | $464M | $356M | $373M |
| Gross profit | — | — | — | — | — |
| Operating income | $188M | $158M | $155M | $86.8M | $111M |
| Net income | $206M | $142M | $142M | $65.1M | $79.9M |
| Diluted EPS | $6.10 | $4.14 | $0.41 | $0.18 | $0.23 |
| Net margin | 30.6% | 31.5% | 30.6% | 18.3% | 21.4% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Sources: SEC EDGAR (CIK 0001499543, latest 4 filed 2026-06-30) · EODHD · as of 7/1/2026, 12:49:14 PM.
Research and education only — not financial advice. EDGAR is not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities EDGAR rates; see Disclosures. Past performance does not guarantee future results. Do your own research.
| 2026-06-29 | Wang Jingbo (Norah) Director | Exercise | 765.00 | |
| 2026-06-29 | Pan Qing CHIEF FINANCIAL OFFICER | Exercise | 1.09K | |
| 2026-06-29 | YIN ZHE CHIEF EXECUTIVE OFFICER | Exercise | 765.00 | |
| 2026-05-29 | YIN ZHE CHIEF EXECUTIVE OFFICER | Exercise | 740.00 | |
| 2026-05-29 | Wang Jingbo (Norah) Director | Exercise | 740.00 | |
| 2026-05-29 | Pan Qing CHIEF FINANCIAL OFFICER | Exercise | 1.03K | |
| 2026-04-29 | YIN ZHE CHIEF EXECUTIVE OFFICER | Exercise | 740.00 | |
| 2026-04-29 | Pan Qing CHIEF FINANCIAL OFFICER | Exercise | 1.03K |
Source: EODHD. Yield = trailing-12-month dividends ÷ price.
1192 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.