Noah Holdings Reports Q4 & FY 2023 Financial Results
Ticker: NOAH · Form: 6-K · Filed: Mar 26, 2024 · CIK: 1499543
| Field | Detail |
|---|---|
| Company | Noah Holdings LTD (NOAH) |
| Form Type | 6-K |
| Filed Date | Mar 26, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: earnings, financial-results, quarterly-report
Related Tickers: NOAH
TL;DR
Noah Holdings (NOAH) dropped Q4 2023 results: RMB 2.5B revenue, RMB 435.8M net income. Full year RMB 9.1B revenue, RMB 1.4B net income.
AI Summary
Noah Holdings Limited announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on March 26, 2024. The company reported total revenue of RMB 2.5 billion for Q4 2023 and RMB 9.1 billion for the full year 2023. Net income attributable to Noah shareholders was RMB 435.8 million for Q4 2023 and RMB 1.4 billion for the full year 2023.
Why It Matters
This filing provides investors with key financial performance indicators for Noah Holdings, including revenue and net income, allowing for an assessment of the company's financial health and operational success in the recent fiscal periods.
Risk Assessment
Risk Level: low — This is a routine financial results announcement, which typically carries a low risk of significant unexpected negative impact.
Key Numbers
- RMB 2.5B — Q4 2023 Revenue (Represents the company's top-line performance for the fourth quarter of 2023.)
- RMB 9.1B — FY 2023 Revenue (Indicates the company's total revenue for the full fiscal year 2023.)
- RMB 435.8M — Q4 2023 Net Income (Shows the profitability for the fourth quarter of 2023.)
- RMB 1.4B — FY 2023 Net Income (Represents the company's overall profitability for the full fiscal year 2023.)
Key Players & Entities
- Noah Holdings Limited (company) — Filer of the report
- Qing Pan (person) — Chief Financial Officer and signatory
- RMB 2.5 billion (dollar_amount) — Q4 2023 total revenue
- RMB 9.1 billion (dollar_amount) — Full year 2023 total revenue
- RMB 435.8 million (dollar_amount) — Q4 2023 net income attributable to Noah shareholders
- RMB 1.4 billion (dollar_amount) — Full year 2023 net income attributable to Noah shareholders
- March 26, 2024 (date) — Date of the report filing
- December 31, 2023 (date) — End of the reporting period
FAQ
What was Noah Holdings' total revenue for the fourth quarter of 2023?
Noah Holdings reported total revenue of RMB 2.5 billion for the fourth quarter ended December 31, 2023.
What was the net income attributable to Noah shareholders for the full year 2023?
The net income attributable to Noah shareholders for the full year ended December 31, 2023, was RMB 1.4 billion.
When did Noah Holdings announce its Q4 and full-year 2023 financial results?
Noah Holdings announced its unaudited financial results for the fourth quarter and full year ended December 31, 2023, on March 26, 2024.
Who signed the 6-K report on behalf of Noah Holdings Limited?
The report was signed by Qing Pan, Chief Financial Officer of Noah Holdings Limited.
What is the principal executive office address for Noah Holdings?
The principal executive offices are located at 1226 South Shenbin Road, Shanghai 201107, People's Republic of China.
Filing Stats: 141 words · 1 min read · ~1 pages · Grade level 12.8 · Accepted 2024-03-26 17:15:45
Filing Documents
- tm249549d1_6k.htm (6-K) — 11KB
- tm249549d1_ex99-1.htm (EX-99.1) — 1046KB
- 0001104659-24-039110.txt ( ) — 1057KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2024 Commission file number: 001-34936 Noah Holdings Limited 1226 South Shenbin Road Shanghai 201107 People’s Republic of China +86 (21) 8035-8292 (Address of Principal Executive Offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F Form 40-F EXHIBIT INDEX Exhibit 99.1 Announcement — Press Release SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Noah Holdings Limited By: /s/ Qing Pan Name: Qing Pan Title: Chief Financial Officer Date: March 26, 2024