Noah holdings ltd (NOAH)
Balance Sheet / Quarterly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10
Current assets:
Cash and cash equivalents

293,063

429,570

329,266

282,081

196,113

119,561

136,859

133,269

Restricted cash

-

144

154

161

165

80

79

75

Short-term investments (including short-term investments measured at fair value of RMB154,594 and RMB95,345 as of December 31, 2016 and 2017, respectively)

24,645

43,090

86,460

22,182

28,187

49,035

20,714

2,272

Accounts receivable, net of allowance for doubtful accounts of nil as of December 31, 2016 and December 31, 2017

26,977

29,401

18,887

10,970

8,472

10,055

6,233

1,098

Amounts due from related parties

79,224

63,206

36,777

31,085

8,924

4,492

1,734

1,017

Loan receivables net of allowance for loan losses of RMB1,151 and RMB 3,244 as of December 31, 2016 and December 31, 2017, respectively

117,640

16,407

20,394

6,932

15,364

-

-

-

Loan receivables from factoring business

39,492

-

-

-

-

-

-

-

Factoring receivables

-

87,019

-

-

-

-

-

-

Deferred tax assets

-

0

0

3,522

784

2,837

2,898

1,262

Other current assets

39,297

12,786

11,599

9,430

4,695

3,624

2,192

2,178

Total current assets

620,338

681,626

503,540

366,365

262,706

189,687

170,711

141,174

Long-term investments (including long-term investments measured at fair value of Nil and RMB 482,006, as of December 31, 2016 and 2017, respectively)

151,894

49,966

38,868

9,870

13,678

3,106

1,892

4,445

Investment in affiliates

148,875

77,657

50,349

35,817

14,742

6,055

2,434

859

Property and equipment, net

46,624

35,069

30,330

14,852

9,412

4,387

4,436

1,406

Other non-current assets

19,349

5,566

2,606

1,930

1,220

1,025

928

480

Deferred tax assets

11,167

8,026

6,771

2,262

1,494

1,105

537

319

Total Assets

998,247

857,912

632,466

431,100

303,254

205,369

180,942

148,685

Liabilities, Mezzanine Equity and Equity
Current liabilities:
Accrued payroll and welfare expenses (including accrued payroll and welfare expense of the consolidated VIEs without recourse to Noah Holdings Ltd. of RMB72,212 and RMB83,553 as of December 31, 2016 and December 31, 2017, respectively)

95,676

79,969

76,366

51,649

29,495

11,926

9,477

4,621

Income tax payable (including income tax payable of the consolidated VIEs without recourse to Noah Holdings Ltd. of nil as of December 31, 2016 and December 31, 2017)

2,822

3,336

9,517

8,936

2,559

2,446

1,932

6,277

Deferred revenues (including deferred revenue of the consolidated VIEs without recourse to Noah Holdings Ltd. of RMB29,834 and RMB33,301 as of December 31, 2016 and December 31, 2017, respectively)

30,932

13,431

10,563

15,747

15,530

5,320

-

-

Loan payables from factoring business

593

-

-

-

-

-

-

-

Payable to individual investors of factoring receivables

-

82,007

-

-

-

-

-

-

Uncertain tax position liabilities (including uncertain tax position liabilities of the consolidated VIEs without recourse to Noah Holdings Ltd. of 322,378 and nil as of December 31, 2011 and 2012, respectively)

-

-

-

-

-

-

322

-

Other current liabilities (including other current liabilities of the consolidated VIEs without recourse to Noah Holdings Ltd. of RMB31,079 and RMB40,942 as of December 31, 2016 and December 31, 2017, respectively)

75,218

48,206

52,626

27,259

15,227

6,631

5,062

3,832

Convertible notes

75,000

-

-

-

-

-

-

-

Short-term bank loan

-

-

0

8,058

0

-

-

-

Deferred tax liabilities

-

641

179

-

-

-

-

-

Total current liabilities

280,241

226,949

149,252

111,651

62,813

26,324

16,795

14,731

Deferred tax liabilities

7,703

-

-

-

-

-

-

-

Non-current uncertain tax position liabilities (including uncertain tax position liabilities of the consolidated VIEs without recourse to Noah Holdings Ltd. of RMB67,248 an nil as of December 31, 2015 and December 31, 2016, respectively)

-

-

10

1,793

1,650

1,451

1,272

1,364

Other non-current liabilities (including other non-current liabilities of the consolidated VIEs without recourse to Noah Holdings Ltd. of nil as of December 31, 2016 and December 31, 2017)

17,469

14,251

12,022

5,004

3,596

2,087

1,854

961

Convertible notes

-

80,000

80,000

-

-

-

-

-

Total Liabilities

305,413

321,842

241,285

118,449

68,059

29,863

19,922

17,057

Mezzanine Equity
Redeemable Non-controlling Interest of a Subsidiary

-

47,625

-

-

-

-

-

-

Total Mezzanine Equity

-

47,625

-

-

-

-

-

-

Shareholders' equity:
Ordinary shares

-

-

15

14

14

14

13

13

Treasury stock (1,287,205 ordinary shares as of December 31, 2016 and 140,479 ordinary shares as of December 31, 2017)

6,190

18,787

18,190

11,675

11,675

8,520

-

-

Additional paid-in capital

211,001

176,611

152,909

135,640

129,687

123,310

118,905

116,067

Retained earnings

443,135

322,871

246,667

169,525

97,118

53,357

38,387

14,417

Accumulated other comprehensive (loss)/income

32,809

-782

-3,358

5,118

9,281

5,049

3,713

1,129

Total Noah Holdings Limited shareholders' equity

680,770

479,927

378,042

298,622

224,425

173,211

161,019

131,628

Non-controlling interests

12,064

8,517

13,138

14,028

10,769

2,294

-

-

Total Shareholders' Equity

692,834

488,444

391,181

312,650

235,194

175,505

161,019

-

Total Liabilities and Equity

998,247

857,912

632,466

431,100

303,254

205,369

180,942

148,685