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Consolidated Statements of Operations
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
CNY (¥)
¥ / shares
shares
Dec. 31, 2017
CNY (¥)
¥ / shares
shares
Revenues:        
Revenues ¥ 3,413,176 $ 490,272 ¥ 3,310,062 ¥ 2,846,006
Less: VAT related surcharges (21,364) (3,069) (20,454) (19,098)
Net revenues 3,391,812 487,203 3,289,608 2,826,908
Operating cost and expenses:        
Relationship manager compensation (625,044) (89,782) (633,599) (616,064)
Performance fee compensation (31,283) (4,494) (21,175) (11,291)
Other compensations (954,443) (137,097) (909,418) (780,017)
Total compensation and benefits (1,610,770) (231,373) (1,564,192) (1,407,372)
Selling expenses (331,346) (47,595) (412,720) (320,462)
General and administrative expenses (296,492) (42,589) (280,075) (246,785)
Provision for doubtful accounts (130,723) (18,777) 688 (2,093)
Other operating expenses (196,793) (28,268) (169,368) (147,318)
Government subsidies 89,278 12,824 62,583 74,156
Total operating cost and expenses (2,476,846) (355,778) (2,363,084) (2,049,874)
Income from operations 914,966 131,425 926,524 777,034
Other income (expenses):        
Interest income 89,099 12,798 69,841 45,020
Interest expenses (430) (62) (10,028) (24,128)
Investment income (loss) (28,620) (4,111) 48,616 67,343
Other income (expense) (7,040) (1,011) (23,356) 3,542
Total other income 53,009 7,614 85,073 91,777
Income before taxes and income from equity in affiliates 967,975 139,039 1,011,597 868,811
Income tax expense (220,025) (31,605) (222,320) (199,085)
Income from equity in affiliates 115,809 16,635 14,469 92,136
Net income 863,759 124,069 803,746 761,862
Less: net (loss) income attributable to non-controlling interests 34,608 4,971 (7,551) (13,745)
Less: net income attributable to redeemable non-controlling interest of a subsidiary       6,483
Less: effect on retained earnings caused by termination of redeemable non-controlling interest of a subsidiary       6,201
Net income attributable to Noah Holdings Limited shareholders ¥ 829,151 $ 119,098 ¥ 811,297 ¥ 762,923
Net income per share:        
Basic | (per share) ¥ 27.12 $ 3.90 ¥ 27.70 ¥ 26.98
Diluted | (per share) ¥ 26.84 $ 3.86 ¥ 26.67 ¥ 25.90
Weighted average number of shares used in computation:        
Basic | shares 30,580,181 30,580,181 29,288,401 28,275,637
Diluted | shares 30,924,095 30,924,095 30,710,540 30,233,823
One-time commissions        
Revenues:        
Revenues ¥ 931,668   ¥ 1,027,993  
Recurring service fees        
Revenues:        
Revenues 1,845,465   1,776,549  
Performance-based income        
Revenues:        
Revenues 113,085   143,634  
Other service fees        
Revenues:        
Revenues 522,958   361,886  
Others        
Revenues:        
Revenues 1,761,947 $ 253,088 1,731,852 ¥ 1,427,684
Others | One-time commissions        
Revenues:        
Revenues 690,860 99,236 733,009 541,025
Others | Recurring service fees        
Revenues:        
Revenues 524,692 75,367 593,856 605,092
Others | Performance-based income        
Revenues:        
Revenues 23,437 3,367 43,101 86,494
Others | Other service fees        
Revenues:        
Revenues 522,958 75,118 361,886 195,073
Funds Gopher manages        
Revenues:        
Revenues 1,651,229 237,184 1,578,210 1,418,322
Funds Gopher manages | One-time commissions        
Revenues:        
Revenues 240,808 34,590 294,984 561,059
Funds Gopher manages | Recurring service fees        
Revenues:        
Revenues 1,320,773 189,717 1,182,693 802,761
Funds Gopher manages | Performance-based income        
Revenues:        
Revenues ¥ 89,648 $ 12,877 ¥ 100,533 ¥ 54,502