XML 33 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Consolidated Statements of Operations
¥ in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2021
CNY (¥)
¥ / shares
shares
Dec. 31, 2021
USD ($)
$ / shares
shares
Dec. 31, 2020
CNY (¥)
¥ / shares
shares
Dec. 31, 2019
CNY (¥)
¥ / shares
shares
Revenues:        
Revenues ¥ 4,326,600 $ 678,938 ¥ 3,324,712 ¥ 3,413,176
Less:VAT related surcharges (33,506) (5,258) (18,886) (21,364)
Net revenues 4,293,094 673,680 3,305,826 3,391,812
Operating cost and expenses:        
Relationship manager compensation (920,896) (144,509) (613,999) (625,044)
Performance-based compensation (158,043) (24,800) (85,413) (31,283)
Other compensations (1,089,941) (171,036) (804,600) (954,443)
Total compensation and benefits (2,168,880) (340,345) (1,504,012) (1,610,770)
Selling expenses (437,131) (68,595) (271,692) (331,346)
General and administrative expenses (383,321) (60,151) (277,879) (296,492)
Provision for credit losses (112,959) (17,726) (8,083) (130,723)
Other operating expenses, net (107,844) (16,923) (99,040) (196,793)
Government subsidies 115,939 18,193 113,356 89,278
Total operating cost and expenses (3,094,196) (485,547) (2,047,350) (2,476,846)
Income from operations 1,198,898 188,133 1,258,476 914,966
Other income (expenses):        
Interest income 71,866 11,277 67,317 89,099
Interest expenses       (430)
Investment (loss) income 65,426 10,267 (86,369) (28,620)
Settlement expenses (19,908) (3,100) (1,828,907)  
Other (expense) income (18,240) (2,862) 4,164 (7,040)
Total other income (expenses) 99,144 15,558 (1,843,795) 53,009
Income (loss) before taxes and income from equity in affiliates 1,298,042 203,691 (585,319) 967,975
Income tax expenses (293,940) (46,126) (258,460) (220,025)
Income from equity in affiliates 301,979 47,387 100,257 115,809
Net income (loss) 1,306,081 204,952 (743,522) 863,759
Less: net income (loss) attributable to non-controlling interests (8,050) (1,263) 1,703 34,608
Net income (loss) attributable to Noah Holdings Limited shareholders ¥ 1,314,131 $ 206,215 ¥ (745,225) ¥ 829,151
Net income (loss) per share:        
Basic | (per share) ¥ 39.12 $ 6.14 ¥ (24.02) ¥ 27.12
Diluted | (per share) ¥ 38.90 $ 6.10 ¥ (24.02) ¥ 26.84
Weighted average number of shares used in computation:        
Basic | shares 33,585,818 33,585,818 31,020,439 30,580,181
Diluted | shares 33,781,773 33,781,773 31,020,439 30,924,095
One Time Commissions        
Revenues:        
Revenues ¥ 1,271,416   ¥ 808,837 ¥ 931,668
Recurring Service Fees        
Revenues:        
Revenues 2,109,009   1,930,199 1,845,465
Performance Based Income        
Revenues:        
Revenues 784,193   389,525 113,085
Other Service        
Revenues:        
Revenues 161,982   196,151 522,958
Other        
Revenues:        
Revenues 2,598,479 $ 407,758 1,755,851 1,761,947
Other | One Time Commissions        
Revenues:        
Revenues 1,130,894 177,462 679,014 690,860
Other | Recurring Service Fees        
Revenues:        
Revenues 913,700 143,379 700,157 524,692
Other | Performance Based Income        
Revenues:        
Revenues 391,903 61,498 180,529 23,437
Other | Other Service        
Revenues:        
Revenues 161,982 25,419 196,151 522,958
Funds Gopher manages        
Revenues:        
Revenues 1,728,121 271,180 1,568,861 1,651,229
Funds Gopher manages | One Time Commissions        
Revenues:        
Revenues 140,522 22,051 129,823 240,808
Funds Gopher manages | Recurring Service Fees        
Revenues:        
Revenues 1,195,309 187,570 1,230,042 1,320,773
Funds Gopher manages | Performance Based Income        
Revenues:        
Revenues ¥ 392,290 $ 61,559 ¥ 208,996 ¥ 89,648