Mar. 26 at 12:15 PM
$NOAH's 2024 results reveal a company in transition. Overseas now 48% of revenue (+15% AUM growth) while domestic restructuring bites. That 100% dividend payout screams confidence, but with non-GAAP net income halved, is this sustainable? Global expansion (138 overseas RMs, +55% YoY) looks promising, but execution risk remains. Bullish on the long-term play here.
https://www.prnewswire.com/news-releases/noahs-4qfy24-earnings-showcase-resilient-profitability-and-overseas-expansion-302411970.html