Noah Holdings Ltd (NOAH) Return on equity 2016–2025
Noah Holdings Ltd (NOAH) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
5.7%FY2025 · since FY2016: 19.3% → 5.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 5.7% | +0.9 pp |
| FY2024 | 4.8% | -5.0 pp |
| FY2023 | 9.8% | -0.6 pp |
| FY2022 | 10.4% | -6.0 pp |
| FY2021 | 16.3% | +26.7 pp |
| FY2020 | -10.4% | -22.2 pp |
| FY2019 | 11.8% | -2.1 pp |
| FY2018 | 13.9% | -3.3 pp |
| FY2017 | 17.2% | -2.1 pp |
| FY2016 | 19.3% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice