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Noah Holdings (Noah Holdings) Total Assets : $1,776.6 Mil (As of Dec. 2023)


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What is Noah Holdings Total Assets?

Noah Holdings's Total Assets for the quarter that ended in Dec. 2023 was $1,776.6 Mil.

During the past 12 months, Noah Holdings's average Total Assets Growth Rate was -1.90% per year. During the past 3 years, the average Total Assets Growth Rate was 15.00% per year. During the past 5 years, the average Total Assets Growth Rate was 10.60% per year. During the past 10 years, the average Total Assets Growth Rate was 27.90% per year.

During the past 13 years, Noah Holdings's highest 3-Year average Total Assets Growth Rate was 194.70%. The lowest was -0.90%. And the median was 72.00%.

Total Assets is connected with ROA %. Noah Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was 6.92%. Total Assets is also linked to Revenue through Asset Turnover. Noah Holdings's Asset Turnover for the quarter that ended in Dec. 2023 was 0.06.


Noah Holdings Total Assets Historical Data

The historical data trend for Noah Holdings's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Noah Holdings Total Assets Chart

Noah Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,397.64 1,437.40 1,709.73 1,692.29 1,776.61

Noah Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,692.29 1,767.72 1,754.32 1,730.45 1,776.61

Noah Holdings Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Noah Holdings's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=1460.402+316.212
=1,776.6

Noah Holdings's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=1460.402+316.212
=1,776.6

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Noah Holdings  (NYSE:NOAH) Total Assets Explanation

Total Assets is connected with ROA %.

Noah Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=121.3/( (1730.446+1776.614)/ 2 )
=121.3/1753.53
=6.92 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Noah Holdings's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=111.973/( (1730.446+1776.614)/ 2 )
=111.973/1753.53
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Noah Holdings Total Assets Related Terms

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Noah Holdings (Noah Holdings) Business Description

Traded in Other Exchanges
Address
1687 Changyang Road, Changyang Valley, Building 2, Shanghai, CHN, 200090
Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.