Noah Holdings Limited6686
▲ PositiveCapitalrelevance
Net income rose 30% and operating income increased 34% on lower costs
Impact on stocks 2
Financials
Noah Holdings LimitedSpatial Computing / AR/VR
Meta Platforms Inc.META
Mentioned
Noah Holdings Limited reported unaudited financial results for the second quarter of 2026, with net income attributable to shareholders rising 30.0% year-over-year to RMB232.2 million (US$34.2 million). Net revenues decreased 1.5% to RMB619.9 million (US$91.4 million), while income from operations increased 34.0% to RMB215.8 million (US$31.8 million), driven by lower operating costs and expenses. Non-GAAP net income attributable to shareholders rose 25.9% to RMB238.0 million (US$35.1 million). Total assets under management as of June 30, 2026 were RMB140.9 billion (US$20.8 billion), compared with RMB145.1 billion a year earlier, mainly due to exits from mainland China private equity products.
Noah Holdings LimitedNet income rose 30% and operating income increased 34% on lower costs
Meta Platforms Inc.