Noah: Big Data, $21 Billion Under Management, And A Clear Buy
Noah Holdings Limited, with $21.4 billion under management, shows consistent free cash flow and net income growth, making it a strong buy at the current valuation. Investments in big data, proprietary platforms, and automated systems enhance commission revenues and investment efficiency, driving further revenue growth. Geographic expansion in China and a robust CRM platform are expected to multiply future revenue growth and improve client relationship management.
Noah Holdings: International Expansion Continues To Drive Growth
Noah Holdings' global expansion reduces risk and enhances its reputation, targeting high-net-worth Mandarin-speaking clients, driving profitable growth and a strong global presence. Impressive financial performance with 11% sequential revenue growth, 28.9% year-over-year overseas revenue increase, and a significant rise in relationship managers. Management's commitment to shareholders is evident through a $50 million share repurchase program and substantial dividends, reflecting strong balance sheet and profitability.
Noah Holdings Limited (NOAH) Q3 2024 Earnings Call Transcript
Noah Holdings Limited (NYSE:NOAH ) Q3 2024 Earnings Call Transcript November 26, 2024 7:00 PM ET Company Participants Melo Xi - Senior Director and Head of Global Capital Markets Group Zander Yin - Co-Founder, Director and CEO Grant Pan - CFO Wang Jingbo - Co-Founder and Chair Conference Call Participants Chiyao Huang - Morgan Stanley Peter Zhang - JPMorgan Operator Good day and welcome to the Noah Holdings Third Quarter 2024 Earnings Conference Call. All participants will be in a listen-only mode.
Noah Holdings Ltd (NOAH) Stock Price Up 6.49% on Oct 2
Shares of Noah Holdings Ltd (NOAH, Financial) surged 6.49% in mid-day trading on Oct 2. The stock reached an intraday high of $14.07, before settling at $13.30, up from its previous close of $12.49.
Noah Holdings: Q2 Results Miss And New Buyback Plan Draw Attention
NOAH's latest Q2 2024 results were a disappointment, as the company's latest quarterly revenue and earnings missed expectations and dropped significantly on a YoY basis. On the flip side, Noah Holdings announced a new $50 million buyback program that might enhance the stock's future shareholder yield. I continue to have a Neutral view of NOAH following my evaluation of the company's negative financial performance and positive shareholder capital return outlook.
Noah Holdings Limited (NOAH) Q2 2024 Earnings Call Transcript
Noah Holdings Limited (NYSE:NOAH ) Q2 2024 Results Earnings Conference Call August 29, 2024 8:00 PM ET Company Participants Melo Xi - Senior Director and Head of Global Capital Markets Zhe Yin - Co-founder, Chief Executive Officer and Chairman of Gopher Asset Management Qing Pan - Group Chief Financial Officer Jingbo Wang - Co-founder and Chairperson Conference Call Participants Peter Zhang - J.P. Morgan Operator Good day.
Noah Holdings Limited (NOAH) Q1 2024 Earnings Call Transcript
Noah Holdings Limited (NYSE:NOAH ) Q1 2024 Results Conference Call May 29, 2024 8:00 PM ET Company Participants Melo Xi - Director of Investor Relations Zhe Yin - Co-Founder, Chief Executive Officer & Director Qing Pan - Group Chief Financial Officer Conference Call Participants Peter Zhang - JPMorgan Operator Good day, and welcome to the Noah Holdings First Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
