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Consolidated Balance Sheets
¥ in Thousands, $ in Thousands
Dec. 31, 2019
CNY (¥)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 4,387,345 $ 630,203 ¥ 2,704,091
Restricted cash 6,589 946 2,500
Short-term investments (including short-term investments measured at fair value of RMB438,077 and RMB642,759 as of December 31, 2018 and 2019, respectively) 671,259 96,420 450,477
Accounts receivable, net of allowance for doubtful accounts of nil as of December 31, 2018 and December 31, 2019 219,566 31,539 282,431
Amounts due from related parties 548,704 78,816 572,201
Loan receivables, net of allowance for loan losses of RMB2,556 and RMB5,147 as of December 31, 2018 and December 31, 2019, respectively 654,060 93,949 620,219
Loan receivables from factoring business     18,893
Other current assets 243,701 35,004 453,269
Total current assets 6,731,224 966,877 5,104,081
Long-term investments (including long-term investments measured at fair value of RMB609,151 and RMB531,359, as of December 31, 2018 and 2019, respectively) 881,091 126,561 1,025,065
Investment in affiliates 1,272,261 182,749 1,375,110
Property and equipment, net 296,320 42,564 346,653
Operating lease right-of-use assets, net 352,186 50,588  
Deferred tax assets 167,430 24,050 113,384
Other non-current assets 102,092 14,666 49,971
Total Assets 9,802,604 1,408,055 8,014,264
Current liabilities: (including amounts of the consolidated VIEs without recourse to Noah Holdings Ltd. See Note 2(b))      
Accrued payroll and welfare expenses 555,719 79,824 671,200
Income tax payable 126,743 18,205 54,296
Deferred revenues 100,693 14,464 142,925
Other current liabilities 721,898 103,694 722,652
Total current liabilities 1,505,053 216,187 1,591,073
Deferred tax liabilities 56,401 8,101 67,092
Operating lease liabilities, non-current 362,757 52,107  
Other non-current liabilities 3,433 493 35,718
Convertible notes     145,004
Total Liabilities 1,927,644 276,888 1,838,887
Shareholders' equity:      
Treasury stock (140,479 ordinary shares and Nil as of December 31, 2018 and 2019, respectively)     (40,267)
Additional paid-in capital 2,181,323 313,327 1,895,564
Retained earnings 4,734,992 680,139 3,946,107
Accumulated other comprehensive income 97,049 13,940 36,195
Total Noah Holdings Limited shareholders' equity 7,013,467 1,007,421 5,837,700
Non-controlling interests 861,493 123,746 337,677
Total Shareholders' Equity 7,874,960 1,131,167 6,175,377
Total Liabilities and Equity 9,802,604 1,408,055 8,014,264
Class A      
Shareholders' equity:      
Ordinary shares 75 11 73
Total Shareholders' Equity 75   73
Class B      
Shareholders' equity:      
Ordinary shares 28 $ 4 28
Total Shareholders' Equity ¥ 28   ¥ 28