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Additional Financial Information of Parent Company - Financial Statements Schedule I | 12 Months Ended
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Dec. 31, 2021
Additional Financial Information of Parent Company - Financial Statements Schedule I |
Additional Financial Information of Parent Company - Financial Statements Schedule I | Additional Financial Information of Parent Company – Financial Statements Schedule I The following Schedule I has been provided pursuant to the requirements of Rules 12-04(a) and 5-04(c) of Regulation S-X, which require condensed financial information as to the financial position, changes in financial position and results of operations of a parent company as of the same dates and for the same periods for which audited consolidated financial statements have been presented, as the restricted net assets was more than 25% of the Company’s consolidated net assets as of December 31, 2021. a) Condensed Balance Sheets (Amount in Thousands, Except Share and Per Share Data) ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ | 2020 |  | 2021 | ​ | 2021
​ |  | RMB | ​ | RMB |  | US$
Assets |  |  | ​ | ​ |  |
Current assets |  |  | ​ | ​ |  |
Cash and cash equivalents |  | 1,359,841 | ​ | 224,145 |  | 35,173
Amounts due from related parties |  | 778 | ​ | 760 |  | 119
Other current assets |  | 40,772 | ​ | — |  | —
Total current assets |  | 1,401,391 | ​ | 224,905 |  | 35,292
Investments in subsidiaries and VIEs |  | 6,107,489 | ​ | 8,538,829 |  | 1,339,930
Investments in affiliates |  | 279,430 | ​ | 301,509 |  | 47,313
Other non-current assets |  | 653 | ​ | 637 |  | 100
Total assets |  | 7,788,963 | ​ | 9,065,880 |  | 1,422,635
Liabilities and Equity |  | ​ | ​ | ​ |  |
Current liabilities |  | ​ | ​ | ​ |  |
Contingent liabilities |  | 530,433 | ​ | 433,345 |  | 68,001
Amounts due to subsidiaries and VIEs | ​ | 56,937 | ​ | 575,428 | ​ | 90,297
Other current liabilities |  | 13,806 | ​ | 16,332 |  | 2,563
Total current liabilities |  | 601,176 | ​ | 1,025,105 |  | 160,861
Other non-current liabilities |  | 2,276 | ​ | — |  | —
Total liabilities |  | 603,452 | ​ | 1,025,105 |  | 160,861
Shareholder’s equity |  | ​ | ​ | ​ |  | ​
Class A ordinary shares (US$0.0005 par value): 91,394,900 shares authorized, 22,773,542 shares issued and 22,229,340 shares outstanding and 22,683,970 shares issued and 21,764,455 shares outstanding as of December 31, 2021 |  | 76 | ​ | 76 |  | 12
Class B ordinary shares (US$0.0005 par value): 8,605,100 shares authorized, 8,315,000 shares issued and outstanding as of December 31, 2020 and 2021 |  | 28 | ​ | 28 |  | 4
Treasury stock (544,202 and 919,515 ordinary shares as of December 31, 2020 and 2021, respectively) |  | (290,913) | ​ | (541,379) |  | (84,954)
Additional paid-in capital |  | 3,565,667 | ​ | 3,534,741 |  | 554,678
Retained earnings |  | 3,989,767 | ​ | 5,187,323 |  | 814,005
Accumulated other comprehensive loss |  | (79,114) | ​ | (140,014) |  | (21,971)
Total shareholders’ equity |  | 7,185,511 | ​ | 8,040,775 |  | 1,261,774
Total liabilities and shareholders' equity |  | 7,788,963 | ​ | 9,065,880 |  | 1,422,635
​ b) Condensed Statements of Operations (Amount in Thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
​ | ​ | 2019 | ​ | 2020 | ​ | 2021 | ​ | 2021
​ |  | RMB |  | RMB |  | RMB |  | US$
Net revenues |  | — |  | — |  | — |  | —
Operating cost and expenses |  | ​ |  | ​ |  | ​ |  | ​
Selling expenses |  | 131 |  | 356 |  | 285 |  | 45
General and administrative expenses |  | 5,556 |  | 5,588 |  | 41,955 |  | 6,584
Total operating cost and expenses |  | 5,687 |  | 5,944 |  | 42,240 |  | 6,629
Loss from operations |  | (5,687) |  | (5,944) |  | (42,240) |  | (6,629)
Other income (expenses): |  | ​ |  | ​ |  | ​ |  | ​
Interest income |  | 29,000 |  | 20,545 |  | 2,266 |  | 356
Interest expenses |  | (440) |  | — |  | — |  | —
Settlement expenses |  | — |  | (1,828,907) |  | (19,908) |  | (3,124)
Other income (expenses) |  | 5,057 |  | 14,713 |  | (4,211) |  | (661)
Total other income (expenses) |  | 33,617 |  | (1,793,649) |  | (21,853) |  | (3,429)
Income (loss) before taxes and income from equity in affiliates, subsidiaries and VIEs |  | 27,930 |  | (1,799,593) |  | (64,093) |  | (10,058)
Income tax expenses |  | (5,257) |  | (3,058) |  | — |  | —
Income from equity in affiliates | ​ | 36,103 | ​ | 78,768 | ​ | 68,388 | ​ | 10,732
Income from equity in subsidiaries and VIEs |  | 770,375 |  | 978,658 |  | 1,309,836 |  | 205,541
Net income (loss) |  | 829,151 |  | (745,225) |  | 1,314,131 |  | 206,215
​ c) Condensed Statements of Comprehensive Income (Loss) (Amount in Thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | Years ended December 31,
​ | ​ | 2019 | ​ | 2020 | ​ | 2021 | ​ | 2021
​ |  | RMB |  | RMB |  | RMB |  | US$
Net income (loss) |  | 829,151 |  | (745,225) |  | 1,314,131 |  | 206,215
Other comprehensive income (loss), net of tax |  | ​ |  | ​ |  | ​ |  | ​
Foreign currency translation adjustments |  | 61,651 |  | (176,934) |  | (60,900) |  | (9,557)
Fair value fluctuation of available-for-sale investment, net of tax of nil |  | (797) |  | 771 |  | — |  | —
Other comprehensive income (loss) |  | 60,854 |  | (176,163) |  | (60,900) |  | (9,557)
Comprehensive income (loss) |  | 890,005 |  | (921,388) |  | 1,253,231 |  | 196,658
​ d) Condensed Statements of Cash Flows (Amount in Thousands) ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years ended December 31,
​ | ​ | 2019 | ​ | 2020 | ​ | 2021 | ​ | 2021
​ |  | RMB |  | RMB |  | RMB |  | US$
Cash flows from operating activities: |  |  |  |  |  |  |  |
Net income (loss) attributable to Noah Holding Limited shareholders |  | 829,151 | ​ | (745,225) |  | 1,314,131 |  | 206,215
Adjustments to reconcile net income to net cash (used in) provided by operating activities: |  | ​ | ​ | ​ |  | ​ |  | ​
Income from equity in subsidiaries and VIEs |  | (770,375) | ​ | (978,658) |  | (1,309,836) |  | (205,541)
Income from equity in affiliates, net of dividends |  | (36,103) | ​ | (58,913) |  | (28,606) |  | (4,489)
Share-based settlement expense |  | — | ​ | 1,290,811 |  | 19,908 |  | 3,124
Changes in operating assets and liabilities: |  | ​ | ​ | ​ | ​ | ​ | ​ | ​
Amounts due from subsidiaries and VIEs |  | 308,774 | ​ | 356,685 |  | — |  | —
Amounts due from related parties |  | 9,151 | ​ | (94) |  | 18 |  | 3
Amounts due to subsidiaries and VIEs | ​ | — | ​ | 56,937 | ​ | 28,584 | ​ | 4,485
Other current assets |  | (9,331) | ​ | (31,417) |  | 40,772 |  | 6,398
Deferred tax assets |  | 786 | ​ | 1,226 |  | — |  | —
Contingent liabilities |  | — | ​ | 530,433 |  | (11,398) |  | (1,789)
Other current liabilities |  | 4,341 | ​ | (10,249) |  | 11,828 |  | 1,856
Other non-current liabilities |  | 756 | ​ | 908 |  | (2,276) |  | (357)
Net cash provided by operating activities |  | 337,150 | ​ | 412,444 |  | 63,125 |  | 9,905
Cash flows from investing activities: |  | ​ | ​ | ​ |  | ​ |  | ​
Capital return from investments in subsidiaries and VIEs |  | 170,589 | ​ | — |  | — |  | —
Increase in investments in subsidiaries and VIEs |  | (78,668) | ​ | (43,690) |  | (1,120,785) |  | (175,876)
Capital return from investments in affiliates |  | — | ​ | 101,114 |  | — |  | —
Proceeds from long-term investments |  | 43,772 | ​ | — |  | — |  | —
Net cash provided by (used in) investing activities |  | 135,693 | ​ | 57,424 |  | (1,120,785) |  | (175,876)
Cash flows from financing activities: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Proceeds from issuance of ordinary shares upon exercise of stock options | ​ | 31,688 | ​ | 33,372 | ​ | 11,114 | ​ | 1,744
Proceeds from advances from subsidiaries | ​ | — | ​ | — | ​ | 537,604 | ​ | 84,362
Repayment of advances from subsidiaries | ​ | — | ​ | — | ​ | (82,481) | ​ | (12,943)
Payment for repurchase of ordinary shares | ​ | — | ​ | (281,610) | ​ | (372,376) | ​ | (58,434)
Net cash provided by (used in) financing activities | ​ | 31,688 | ​ | (248,238) | ​ | 93,861 | ​ | 14,729
Effect of exchange rate changes | ​ | 43,253 | ​ | (111,190) | ​ | (171,897) | ​ | (26,974)
Net increase (decrease) in cash and cash equivalents |  | 547,784 | ​ | 110,440 |  | (1,135,696) |  | (178,216)
Cash and cash equivalents - beginning of year |  | 701,617 | ​ | 1,249,401 |  | 1,359,841 |  | 213,389
Cash and cash equivalents - end of year |  | 1,249,401 | ​ | 1,359,841 |  | 224,145 |  | 35,173
​ Supplement disclosure of non-cash investing activities: During the year ended December 31, 2020, an consolidated investment fund was disposed partially by the Company and thus was deconsolidated and recorded as investments in affiliates. The deconsolidation resulted in a decrease in investments in subsidiaries and VIEs amounted to RMB109.7 million with a corresponding increase in investments in affiliates. ​ e) Notes to Condensed Financial Statements
1. | The condensed financial statements of Noah Holdings Limited have been prepared using the same accounting policies as set out in the consolidated financial statements except that the equity method has been used to account for investments in subsidiaries and VIEs. Such investment in subsidiaries and VIEs are presented on the balance sheets as investment in subsidiaries and VIEs and the profit of the subsidiaries and VIEs is presented as income from equity in subsidiaries and VIEs on the statement of operations.
2. | As of December 31, 2020 and 2021, there were no material contingencies, significant provisions of long-term obligations of the Company, except for those which have been separately disclosed in the consolidated financial statements.
3. | Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America have been condensed or omitted. The footnote disclosure certain supplemental information relating to the operations of the Company and, as such, these statements should be read in conjunction with the notes to the accompanying Consolidated Financial Statements.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04(Schedule I)) -URI http://asc.fasb.org/extlink&oid=120391182&loc=d3e5864-122674 Reference 2: http://www.xbrl.org/2003/role/recommendedDisclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=123454820&loc=d3e5283-111683 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04(a)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e24072-122690 + Details
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