Saturday 17 October 2026 Export NOAH’s income statement to Excel — free account

Noah Holdings Ltd.

Noah Holdings Ltd.’s revenue for fiscal 2025 (year ended December 2025) was $373.3 million, up 4.75% from fiscal 2024. In the quarter to June 2026, revenue grew 3.97%, EPS grew 38.9% and free cash flow grew 214.3%, each against the same quarter a year earlier.

7.22 0.13 −1.77%

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Market cap: $494.6M
P/E: 5.8×
Fwd P/E: 7.4×
Dividend yield: 19.1%
F-score: 7/9
Altman Z: n/a
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

	Dec '25	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16
P/E ratio Full definition →	8.82	12.46	6.50	7.58	10.13	0.00	17.86	20.53	23.44	12.83
Piotroski F-Score Full definition →	7	5	6	4	6	3	5	4	4	4
P/S ratio Full definition →	1.88	2.31	19.87	2.39	3.06	5.85	4.44	5.30	6.16	3.43
P/FCF ratio Full definition →	4.08	2.74	7.00	0.00	2.32	31.15	4.66	6.83	8.21	3.65
P/Operating CF Full definition →	5.01	15.48	116.61	13.57	8.63	24.30	11.69	16.95	27.72	12.57
P/B ratio Full definition →	0.49	0.60	6.28	0.78	1.61	2.66	1.91	2.83	3.86	2.32
Price to Tangible BV Full definition →	0.49	0.60	6.28	0.78	1.61	2.66	1.91	2.83	3.86	2.32
EV/Sales Full definition →	0.21	0.61	18.34	1.07	2.39	4.49	3.14	4.54	5.79	2.35
EV/EBITDA Full definition →	0.70	2.51	55.02	2.93	8.55	11.80	11.65	16.14	21.05	8.84
EV/Operating CF Full definition →	0.36	0.62	6.24	(1,064.40)	1.26	14.72	2.89	4.84	6.37	2.17
EV/FCF Full definition →	0.45	0.73	6.46	(1.31)	1.81	23.90	3.30	5.85	7.71	2.50
Quick Ratio Full definition →	3.82	3.90	3.29	2.75	1.89	2.96	3.51	2.17	1.37	2.60
Current Ratio Full definition →	4.46	4.53	3.76	3.32	2.42	3.56	4.47	3.21	2.21	3.00
Net Debt/EBITDA Full definition →	(5.39)	(6.46)	(4.56)	(3.81)	(2.60)	(3.79)	(5.16)	(3.15)	(1.84)	(3.72)
Debt/Assets Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	1.81%	7.51%	9.56%
Debt/Equity Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.02	0.11	0.15
Asset Turnover Full definition →	0.23	0.21	0.27	0.26	0.43	0.36	0.38	0.44	0.47	0.49
Operating CF/Net income Full definition →	1.75	0.81	1.31	0.65	1.16	(1.07)	1.55	1.27	0.82	1.07
Capex/Depreciation Full definition →	(0.85)	(0.52)	(1.00)	(0.40)	(15.23)	(0.54)	(0.97)	(4.27)	(1.86)	(1.65)
Interest Coverage Full definition →	—	—	—	0.92	1.14	2.54	2,119.76	92.36	32.21	34.59
ROE Full definition →	5.71%	4.59%	9.99%	10.67%	17.24%	(10.17%)	11.74%	14.83%	19.08%	20.00%
ROA Full definition →	4.85%	3.83%	8.13%	8.28%	13.10%	(8.02%)	9.26%	10.91%	12.63%	12.44%
ROIC Full definition →	9.80%	8.07%	14.60%	14.30%	16.14%	36.63%	20.35%	18.31%	16.58%	41.35%
Return on Tangible Assets Full definition →	7.67%	6.40%	13.10%	14.16%	22.60%	(14.70%)	15.01%	21.02%	30.32%	18.93%
Average Days of Receivables Full definition →	58.75	66.45	55.83	58.64	68.70	47.97	23.63	33.43	55.84	117.38
Research and Development Expense of Revenue Full definition →	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Selling, General and Administrative Expense of Revenue Full definition →	67.62%	73.64%	67.33%	65.35%	69.63%	62.12%	66.00%	68.59%	69.92%	73.90%
Intangible Assets out of Total Assets Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Based Compensation of Revenue Full definition →	2.53%	3.71%	0.35%	1.36%	1.65%	1.81%	2.80%	3.43%	3.31%	3.15%
Graham Net Nets Full definition →	0.94	0.79	0.07	0.54	0.21	0.24	0.32	0.19	0.12	0.29
Graham Number Full definition →	22.89	20.33	9.85	30.65	36.01	0.00	28.70	26.98	23.60	19.20
Earnings Yield Full definition →	11.34%	8.03%	15.37%	13.20%	9.87%	(3.95%)	5.60%	4.87%	4.27%	7.79%
Free Cash Flow Yield Full definition →	24.53%	36.53%	14.29%	(34.34%)	43.16%	3.21%	21.45%	14.64%	12.18%	27.38%
Revenue per Share Full definition →	5.35	5.08	0.67	6.58	10.03	8.17	7.97	8.17	7.68	6.43
Operating CF per Share Full definition →	2.00	0.76	0.27	1.34	3.56	1.97	3.03	2.56	1.71	1.76
Capex per Share Full definition →	(0.27)	(0.16)	(0.03)	(0.13)	(5.22)	(0.13)	(0.15)	(0.32)	(0.41)	(0.26)
Free Cash Flow per Share Full definition →	1.73	0.60	0.24	1.21	(1.66)	1.84	2.87	2.24	1.29	1.50
Cash per Share Full definition →	10.31	9.97	1.16	10.06	8.17	12.67	11.90	7.84	5.62	8.40
Shareholders Equity per Share Full definition →	20.47	19.55	2.11	20.16	19.02	17.98	18.50	15.33	12.25	9.52
Interest Debt per Share Full definition →	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Book value per Share Full definition →	20.47	19.55	2.11	20.16	19.02	17.98	18.50	15.33	12.25	9.52
Free Cash Flow Full definition →	120.47	41.81	163.44	82.67	(111.50)	114.13	175.66	131.07	73.11	84.24
Working Capital Full definition →	705.46	691.22	736.05	639.71	507.45	739.02	750.69	510.95	340.10	454.68
Capital Expenditures Full definition →	(19.18)	(11.26)	(22.24)	(9.09)	(350.31)	(7.91)	(9.38)	(18.65)	(23.47)	(14.60)
Net Current Asset Value Full definition →	658.16	645.08	684.41	582.77	434.47	702.06	689.99	474.90	314.93	359.78
EV/EBIT Full definition →	0.70	2.51	55.02	3.05	8.55	11.80	11.65	16.14	21.05	8.84
Capex to Sales Full definition →	0.05	0.03	0.05	0.02	0.52	0.02	0.02	0.04	0.05	0.04
Price to Operating Income Full definition →	6.31	9.46	59.62	6.80	10.96	15.38	16.46	18.83	22.42	12.93
Other line items
Depreciation/Fixed assets Full definition →	0.07	0.07	0.06	0.06	0.06	0.38	0.23	0.09	0.27	0.25
Cash ROIC Full definition →	5.61%	2.02%	7.18%	4.00%	(6.10%)	6.00%	9.45%	9.51%	6.73%	7.72%
Accounts Receivable Turnover Full definition →	5.97	5.25	6.48	4.52	6.97	10.33	12.93	8.68	4.75	5.35
Average Receivables Full definition →	62.47	67.93	71.60	99.51	96.69	49.06	37.68	55.15	91.44	67.65
Average Assets Full definition →	1,646.31	1,700.20	1,748.63	1,709.71	1,574.70	1,424.30	1,286.84	1,081.94	928.08	745.19
Average Common Equity Full definition →	1,399.64	1,420.22	1,423.07	1,327.52	1,196.45	1,123.24	1,014.67	795.50	614.45	463.63

Fold the line items

Columns are period end dates

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