The filing contains no new catalysts beyond the annual results already disclosed. Monitor next quarterly report for trends in AUM and fee income, which are the primary revenue drivers.
Price Chart
Executive Summary
Noah Holdings filed its 2025 Annual Report and Sustainability Report via 6-K, referencing the same-day 20-F. The annual report shows flat net revenue YoY (+0% to RMB2.6B), net income up 17.5% to RMB558.9M, and AUM down 6.5% to RMB141.7B. The filing is routine with no new material disclosures.
Key Facts
- 6-K filed to furnish 2025 Annual Report and Sustainability Report.
- Annual Report (20-F filed same day): net revenue flat YoY at RMB2.6B (US$376M).
- Net income increased 17.5% to RMB558.9M (US$79.9M).
- AUM declined 6.5% to RMB141.7B; transaction value grew 5% to RMB67B.
- Board approved annual and special dividends totaling ~RMB612M.
Financial Impact
Net revenue flat, net income up 17.5%, AUM down 6.5%, dividend ~RMB612M.
Risk Factors
- Continued AUM decline could pressure fee revenue.
- Flat revenue growth amid competitive wealth management landscape.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001104659-26-050972 |
| Document: 0001104659-26-050972-index-headers.html | 0001104659-26-050972 |
| Document: 0001104659-26-050972-index.html | 0001104659-26-050972 |
| Document: 0001104659-26-050972.txt | 0001104659-26-050972 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 19d ago | 6-K | $7.62 | awaiting T+60 | — | $6.76 (−11.22%) |
Sep 15, 2026 6w ago | 6-K | $8.14 | awaiting T+60 | — | $6.76 (−16.89%) |
Sep 4, 2026 7w ago | 6-K | $8.43 | awaiting T+60 | — | $6.76 (−19.75%) |
Aug 26, 2026 8w ago | 6-K | $8.71 | awaiting T+60 | — | $6.76 (−22.33%) |
Aug 25, 2026 8w ago | 6-K | $8.71 | awaiting T+60 | — | $6.76 (−22.33%) |
Aug 17, 2026 10w ago | 6-K | $8.54 | awaiting T+60 | — | $6.76 (−20.78%) |
Aug 14, 2026 10w ago | 6-K | $8.63 | awaiting T+60 | — | $6.76 (−21.61%) |
Jul 10, 2026 15w ago | 6-K | $8.88 $7.70 | ▼ −13.29% | ▼ −15.92% | $6.76 (−23.82%) |
Jul 9, 2026 15w ago | 6-K | $8.90 $7.79 | ▼ −12.47% | ▼ −14.86% | $6.76 (−23.99%) |
Jul 2, 2026 16w ago | 6-K | $10.03 $7.96 | ▼ −20.64% | ▼ −23.43% | $6.76 (−32.55%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers