Detail akcie Noah Holdings Depository Receipt online

Business Summary: Noah Holdings Limited is a wealth management service provider with a focus on global 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 Internet finance. It also provides Internet finance services to clients in China. It provides direct access to China's high net worth population. With approximately 1,100 relationship managers in over 130 branch offices, its coverage network includes China's regions where high net worth population is concentrated, including the Yangtze River Delta, the Pearl River Delta, the Bohai Rim and other regions. Its product offerings consist primarily of over-the-counter (OTC) wealth management and OTC asset management products, mutual fund products and asset management plans originated in China and designed to cater to the needs of China's high net worth population.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Noah Holdings Limited (ADR) revenues increased 6% to RMB3.29B. Net income increased 3% to RMB1.01B. Revenues reflect One-time commissions increase of 74% to RMB1.07B, Other service fees increase of 21% to RMB270.6M. Net income was partially offset by Relationship manager compensation increase of 32% to RMB655.5M (expense).