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Summary of Principal Accounting Policies (Tables) | 12 Months Ended
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Dec. 31, 2022
Summary of Principal Accounting Policies |
Amounts of Noah Investment and its Subsidiaries and the Consolidated Funds Included in Consolidated Financial Statements | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | As of December 31,
​ | ​ | (Amount in Thousands)
​ | ​ | 2021 | ​ | 2022 | ​ | 2022
​ |  | RMB |  | RMB |  | US$
Cash and cash equivalents |  | 1,181,479 |  | 1,566,729 | ​ | 227,154
Restricted cash |  | 510 |  | 1,916 | ​ | 278
Short-term investments |  | 9,662 |  | 82,594 | ​ | 11,975
Accounts receivable, net |  | 475,652 |  | 161,957 | ​ | 23,482
Amounts due from related parties, net |  | 276,744 |  | 287,577 | ​ | 41,694
Loans receivables, net | ​ | 50,884 | ​ | 68,805 | ​ | 9,976
Other current assets |  | 53,247 |  | 64,900 | ​ | 9,410
Long-term investments |  | 300,720 |  | 348,992 | ​ | 50,599
Investment in affiliates |  | 854,138 |  | 858,700 | ​ | 124,500
Property and equipment, net |  | 43,971 |  | 35,694 | ​ | 5,175
Operating lease right-of-use assets, net | ​ | 15,031 | ​ | 13,598 | ​ | 1,972
Deferred tax assets |  | 63,312 |  | 92,105 | ​ | 13,354
Other non-current assets |  | 7,620 |  | 3,753 | ​ | 544
Total assets |  | 3,332,970 |  | 3,587,320 | ​ | 520,113
Accrued payroll and welfare expenses |  | 381,653 |  | 236,131 | ​ | 34,236
Income tax payable |  | 149,226 |  | 123,099 | ​ | 17,848
Amounts due to the Group’s subsidiaries* |  | 179,325 |  | 55,762 | ​ | 8,085
Deferred revenue |  | 6,721 |  | 8,616 | ​ | 1,249
Other current liabilities |  | 238,738 |  | 178,652 | ​ | 25,902
Deferred tax liabilities |  | 254 |  | 17,719 | ​ | 2,569
Other non-current liabilities | ​ | 53,119 | ​ | 13,967 | ​ | 2,025
Operating lease liabilities, non-current | ​ | 15,512 | ​ | 6,850 | ​ | 993
Total liabilities |  | 1,024,548 |  | 640,796 | ​ | 92,907
*Amounts due to the Group’s subsidiaries are eliminated in the process of preparing the consolidated balance sheets. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended December 31,
​ | ​ | (Amount in Thousands)
​ |  | 2020 |  | 2021 |  | 2022 |  | 2022
​ | ​ | RMB | ​ | RMB | ​ | RMB | ​ | US$
Revenues: |  |  |  |  |  |  |  |
Revenues from others |  |  |  |  |  |  |  |
One-time commissions |  | 161,272 |  | 552,761 |  | 365,927 | ​ | 53,054
Recurring service fees |  | — |  | 50,817 |  | 50,494 | ​ | 7,321
Other service fees |  | 84,752 |  | 69,951 |  | 105,612 | ​ | 15,312
Total revenues from others |  | 246,024 |  | 673,529 |  | 522,033 | ​ | 75,687
Revenues from funds Gopher manages |  | ​ |  | ​ |  | ​ |  | ​
One-time commissions |  | 36,290 |  | 86,801 |  | 50,227 | ​ | 7,282
Recurring service fees |  | 569,154 |  | 588,337 |  | 665,724 | ​ | 96,521
Performance-based income |  | 133,276 |  | 165,791 |  | 51,688 | ​ | 7,494
Total revenues from funds Gopher manages |  | 738,720 |  | 840,929 |  | 767,639 | ​ | 111,297
Total revenues(1) |  | 984,744 |  | 1,514,458 |  | 1,289,672 | ​ | 186,984
Less: VAT related surcharges |  | (6,155) |  | (9,350) |  | (7,452) | ​ | (1,080)
Net revenues |  | 978,589 |  | 1,505,108 |  | 1,282,220 | ​ | 185,904
Total operating cost and expenses(2) |  | (524,913) |  | (867,215) |  | (586,993) | ​ | (85,106)
Total other income |  | 68,444 |  | 23,868 |  | 105,426 | ​ | 15,285
Net income |  | 393,299 |  | 616,421 |  | 658,023 | ​ | 95,404
Net income attributable to Noah Holdings Limited shareholders |  | 393,508 |  | 621,010 |  | 628,645 | ​ | 91,145
Cash flows (used in) provided by operating activities(3) |  | (409,359) |  | 562,400 |  | 661,944 | ​ | 95,973
Cash flows provided by (used in) investing activities |  | 357,026 |  | (207,114) |  | (275,289) | ​ | (39,913)
Cash flows used in financing activities |  | — |  | (16,416) |  | — | ​ | —
(1) | The total revenues include intragroup transactions amounted to RMB 43,101, RMB 38,399 and RMB 64,419 for the years ended December 31, 2020, 2021 and 2022, respectively, which were eliminated in the process of preparing the consolidated statements of operations.
(2) | The total operating cost and expenses include intragroup transactions amounted to RMB 141,702, RMB 186,962 and RMB 264,376 for the years ended December 31, 2020, 2021 and 2022, respectively, which were eliminated in the process of preparing the consolidated statements of operations.
(3) | Cash flows provided by operating activities in 2020, 2021 and 2022 include amounts due to the Group’s subsidiaries of RMB 143,454, RMB 179,325 and RMB 55,762 (US$8,085).
Summary of Maximum Exposure to Loss Associated with Identified Nonconsolidated VIEs | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | As of December 31,
​ | ​ | (Amount in Thousands)
​ |  | 2021 |  | 2022 |  | 2022
​ | ​ | RMB | ​ | RMB | ​ | US$
Amounts due from related parties |  | 40,401 |  | 25,473 | ​ | 3,693
Investments |  | 497,154 |  | 508,376 | ​ | 73,708
Maximum exposure to loss in non-consolidated VIEs |  | 537,555 |  | 533,849 | ​ | 77,401
​
Summary of Effects of Changes in Group's Ownership Interest in Less than Wholly Owned Subsidiaries on Equity Attributable to Noah Holdings Limited Shareholders | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Years Ended December 31,
​ | ​ | (Amount in Thousands)
​ |  | 2020 |  | 2021 |  | 2022 |  | 2022
​ | ​ | RMB | ​ | RMB | ​ | RMB | ​ | US$
Net (loss) income attributable to Noah Holdings Limited shareholders |  | (745,225) |  | 1,314,131 |  | 976,571 | ​ | 141,587
Transfers from (to) the non-controlling interests: |  | ​ |  | ​ |  | ​ |  | ​
Increase (decrease) in Noah’s equity by acquiring equity interests from non-controlling interests |  | 373 |  | (187,090) |  | — |  | —
Increase (decrease) in Noah’s equity from divestment of non-controlling interests |  | — |  | 3,547 |  | (10,315) |  | (1,496)
Increase in Noah’s capital from contribution of non-controlling interests |  | — |  | 15,689 |  | — | ​ | —
Decrease in Noah’s equity from distributions to non-controlling interests | ​ | — | ​ | — | ​ | (6,500) | ​ | (942)
Net transfers from (to) non-controlling interests | ​ | 373 | ​ | (167,854) | ​ | (16,815) | ​ | (2,438)
Change from net (loss) income attributable to Noah Holdings Limited shareholders and transfers from (to) non-controlling interests | ​ | (744,852) | ​ | 1,146,277 | ​ | 959,756 | ​ | 139,149
​
Schedule of Estimated Useful Lives of Property and Equipment | ​
​ | ​ | ​
​ |  | Estimated Useful Lives in Years
Leasehold improvements |  | Shorter of the lease term or expected useful life
Furniture, fixtures and equipment |  | 3 - 5 years
Motor vehicles |  | 5 years
Software |  | 2 - 5 years
Buildings |  | 30 years
​
Schedule of Primary Revenue Streams from Contracts with Customers | ​
Revenue Streams |  | Performance Obligation Satisfied Over Time or Point In Time |  | Payment Terms |  | Variable or Fixed Considerations
One-time commissions - Fund distribution services | ​ | Point in time | ​ | Typically paid within a month after investment product established | ​ | Fixed
One-time commissions - Insurance brokerage services | ​ | Point in time | ​ | Typically paid within a month after insurance policy issued and/or renewed | ​ | Fixed and Variable
Recurring service fees | ​ | Over time | ​ | Typically quarterly, semi-annually or annually | ​ | Variable
Performance-based income | ​ | Point in time | ​ | Typically paid shortly after the income has been determined | ​ | Variable
Lending services | ​ | Over time | ​ | Typically monthly in arrears | ​ | Fixed
​
Schedule of Changes of allowances for category of affected assets | ​
​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​
​ | ​ | Amounts due | ​ | Accounts | ​ | Other financial
​ | ​ | from related parties | ​ | receivable | ​ | receivables
​ | ​ | RMB | ​ | RMB | ​ | RMB
Balance at beginning of 2020 |  | — |  | — |  | —
Provisions |  | 4,006 |  | 29 |  | —
Write off |  | — |  | (29) |  | —
Balance at end of 2020 |  | 4,006 |  | — |  | —
Provisions | ​ | 26,122 | ​ | 458 | ​ | 4,000
Balance at end of 2021 | ​ | 30,128 | ​ | 458 | ​ | 4,000
Provisions | ​ | 544 | ​ | 3,905 | ​ | 495
Reversal | ​ | (5,471) | ​ | (578) | ​ | —
Write off | ​ | (544) | ​ | (138) | ​ | (4,495)
Foreign currency adjustment | ​ | 1,009 | ​ | — | ​ | —
Balance at end of 2022 | ​ | 25,666 | ​ | 3,647 | ​ | —
​

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