Company: NOAH
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0001410578-25-000852
Chunk: 313

Company: NOAH HOLDINGS LTD
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 313
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2024, information about (i) inputs into the fair value measurements of the Group’s assets that are measured at fair value on a recurring basis in periods subsequent to their initial recognition and (ii) investments measured at NAV or its equivalent as a practical expedient is as follows:
Fair Value Measurements at Reporting Date Using
(Amount in Thousands)
Quoted Prices
As of in Active Significant
December 31, Markets for Other Significant
2023 Identical Observable Unobservable
(Amounts in Assets Inputs Inputs NAV
Description thousands) (Level 1) (Level 2) (Level 3)
RMB RMB RMB RMB RMB
Short-term investments
Trading debt securities 84,537 84,537 - - - 
Equity securities measured at fair value 3,630 3,630 - - - 
Investments held by consolidated investment fund 132,561 132,561 - - - 
Long-term investments
Investments held by consolidated investment fund 71,013 - 15,777 - 55,236
Other long-term investments measured at fair value 595,854 - 22,081 546,543 27,230
Fair Value Measurements at Reporting Date Using
(Amount in Thousands)
Quoted Prices
As of in Active Significant
December 31, Markets for Other Significant
2024 Identical Observable Unobservable
(Amounts in Assets Inputs Inputs NAV
Description thousands) (Level 1) (Level 2) (Level 3)
RMB RMB RMB RMB RMB
Short-term investments
Trading debt securities 140,960 140,960 - - - 
Equity securities measured at fair value 91,497 91,497 - - - 
Investments held by consolidated investment fund 52,745 52,745 - - - 
Long-term investments
Investments held by consolidated investment fund 71,013 - - 15,777 55,236
Other long-term investments measured at fair value 600,697 - 31,988 546,130 22,579
Available-for-sale investments 31,536 - 31,536 - - 
Short-term trading debt securities investments are classified as Level 1 because they are valued using quoted prices of the same securities. Short-term equity securities measured at fair value are valued based on the quoted stock price of its investees in the active market and are classified within Level 1.
As of December 31, 2024,