Company: NOAH
Filing Date: 2025-04-24
Form Type: 20-F
Source: 0001410578-25-000852
Chunk: 284

Company: NOAH HOLDINGS LTD
Filing Date: 2025-04-24
Form: 20-F
Item: Item 16K
Chunk 284
---
,345)  
  Other comprehensive income—foreign currency translation adjustments                                          —                      —               —                 111,932            111,932            199                       112,131  
  Divestment of non-controlling interests                                                                      —                      —               —                 —                  —                  ( 51,835)               ( 51,835)  
  Distributions to non-controlling interests                                                                   —                      86              —                 —                  86                 ( 10,260)               ( 10,174)  
  Balance at December 31, 2024                                                                                 333,457,044            3,907,992       5,904,540         186,548            9,945,848          66,892                 10,012,740  

The accompanying notes are an integral part of these consolidated financial statements.

   1      The amount less than RMB 1 is rounded to zero.  

   2      As of December 31, 2024, 1,696,315 ordinary shares were issued in relation to the future share units for employees (Note 13) and settlement (Note 14) which is subject to future vesting. These s...  

   3      Results have been retroactively adjusted to reflect the 1-for-10 Share Subdivision effected on October 27, 2023. See Note 2 for details.  
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F-8

Table of Contents

Noah Holdings Limited

Consolidated Statements of Cash Flows

(Amount in Thousands)

                                                                                         Year Ended December 31,                                                    
                                                                                                            2022            2023              2024            2024  
                                                                                                             RMB             RMB               RMB             US$  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Cash flows from operating activities:                                                                                                                             
  Net income                                                                                             971,589       1,001,015           487,004          66,719  
  Adjustments to reconcile net income to net cash provided by operating activities:                                                                                 
  Loss from disposal of property and equipment                                                             1,183          23,488             5,180             710  
  Depreciation expenses                                                                                  155,968         158,082           156,683          21,