Private company

Jupai Holdings Ltd

Jupai Holdings Ltd is an investment advice company based in Shanghai, Cayman Islands.2

Last updated Oct 21, 2026.

Overview

$4.7MRevenue, fiscal 20233
-$3.3MNet income, fiscal 20233
  • IndustryInvestment Advice2
  • HeadquartersShanghai, China2
  • Incorporated inCayman Islands4
  • Business addressYinli Building, 8/F, 788 Guangzhong Road, Shanghai, F4 2000724
  • Filer categoryNon-accelerated filer4
  • Legal formcompany limited by shares2
  • LEI54930070ZPRNE7EG42412
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O Osiris International Cayman Limited, KY1-1209 George Town, Cayman Islands2

We commenced operations in July 2010 through Shanghai Jupai Investment Group Co., Ltd., or Shanghai Jupai, in China. In August 2012, we incorporated Jupai Investment Group as our offshore holding company in the Cayman Islands and changed our name from Jupai Investment Group to Jupai Holdings Limited, or Jupai, in December 2014. In August 2012, we also established Jupai Hong Kong Investment Limited, or Jupai HK, in Hong Kong, which is wholly owned by Jupai.5 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

14.1%Operating margin3
-70.5%Net margin3
-68.4%Revenue growth, 20233
-2.9%Return on equity3

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue0¢$819
  • Other costs92¢$4.4M
  • Income tax8¢$368.9K

Out of $4.7M in revenue.3 The company lost money this year.

Where each dollar of operating cash went, fiscal 2023

  • Kept or used elsewhere100¢$745.4K

Out of $745.4K of cash from operations.3

Financial statements

Revenue67891011123$4.7M in 2023−97% since 2016
0$100.0M$200.0M$300.0M2016: $163.0M$163.0M20162017: $263.2M$263.2M2017+62%2018: $192.2M$192.2M2018−27%2019: $112.9M$112.9M2019−41%2020: $59.5M$59.5M2020−47%2021: $56.3M$56.3M2021−5%2022: $15.0M$15.0M2022−73%2023: $4.7M$4.7M2023−68%
Operating income67891011123$666.6K in 2023−98% since 2016
-$50.0M0$50.0M$100.0M2016: $42.5M$42.5M20162017: $80.5M$80.5M2017+90%2018: -$23.3M-$23.3M20182019: -$19.6M-$19.6M2019−16%2020: -$5.3M-$5.3M2020−73%2021: -$184.5K-$184.5K2021−97%2022: -$15.0M-$15.0M2022+8014%2023: $666.6K$666.6K2023
Net income67891011123-$3.3M in 2023
-$100.0M-$50.0M0$50.0M$100.0M2016: $29.9M$29.9M20162017: $64.9M$64.9M2017+117%2018: -$57.4M-$57.4M20182019: -$24.8M-$24.8M2019−57%2020: -$5.6M-$5.6M2020−77%2021: -$46.2M-$46.2M2021+724%2022: $2.3M$2.3M20222023: -$3.3M-$3.3M2023
Fiscal year20162017201820192020202120222023
Revenue$163.0M6$263.2M7$192.2M8$112.9M9$59.5M10$56.3M11$15.0M12$4.7M3
Cost of revenue$68.7M6$113.4M7$99.6M8$69.2M9$31.5M10$24.5M11$6.6M12$8193
Operating expenses$56.5M11$29.9M12$4.1M3
Operating income$42.5M6$80.5M7-$23.3M8-$19.6M9-$5.3M10-$184.5K11-$15.0M12$666.6K3
Interest
Income before tax-$45.3M11$7.2M12$1.2M3
Income tax$11.9M6$18.9M7$18.9M8$7.6M9$122.1K10$368.0K11$312.5K12$368.9K3
Net income$29.9M6$64.9M7-$57.4M8-$24.8M9-$5.6M10-$46.2M11$2.3M12-$3.3M3
Earnings per share$0.166$0.327-$0.288-$0.129$0.0212-$0.023
Earnings per share (diluted)$0.156$0.317-$0.288-$0.129$0.0212-$0.023
Shares (weighted, basic)198.9M shares3191.4M shares3191.1M shares3
Shares (weighted, diluted)198.9M shares3191.4M shares3191.1M shares3

Compare Jupai Holdings Ltd with another company

What it owns

What Jupai Holdings Ltd reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$8.3M3 Dec 31, 2023$8.7M12 Dec 31, 2022−4.8%
Accumulated depreciation$8.2M3 Dec 31, 2023$8.5M12 Dec 31, 2022−4.1%
Property and equipment, net$84.6K3 Dec 31, 2023$155.9K12 Dec 31, 2022−45.7%
Operating-lease assets (leased space)$1.2M3 Dec 31, 2023$1.7M12 Dec 31, 2022−27.9%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$36.8M3 Dec 31, 2023$36.8M3 Dec 31, 20220%
Long-term investments$28.2M3 Dec 31, 2023$29.0M12 Dec 31, 2022−2.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$20.1K12 Dec 31, 2022$4.8M11 Dec 31, 2021−99.6%

Former names

  • JUPAI INVESTMENT GROUPAug 15, 2014 to Aug 15, 20144

Filings

18 filings to the SEC since October 2021: 3 annual reports, 15 other. The latest 18:

  1. Mar 28, 202515-12G EDGAR
  2. Mar 28, 2025S-8 POS EDGAR
  3. Mar 28, 2025S-8 POS EDGAR
  4. Mar 28, 2025S-8 POS EDGAR
  5. Mar 7, 20256-K EDGAR
  6. Apr 26, 202420-F EDGAR
  7. Nov 15, 2023UPLOAD EDGAR
  8. Oct 5, 2023CORRESP EDGAR
  9. Sep 21, 2023UPLOAD EDGAR
  10. Apr 19, 202320-F EDGAR
  11. Oct 6, 20226-K EDGAR
  12. Jun 28, 20226-K EDGAR
  13. Jun 27, 20226-K EDGAR
  14. Apr 25, 202220-F EDGAR
  15. Mar 29, 20226-K EDGAR
  16. Feb 15, 20226-K EDGAR
  17. Dec 27, 20216-K EDGAR
  18. Dec 13, 20216-K EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

SEC filer profile

How Jupai Holdings Ltd is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARJupai Holdings Ltd1
  • CIK0001616291
  • Filer statusNon-accelerated filer1
  • Incorporated inCayman Islands1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6282 Investment Advice1
  • SEC reviewing officeOffice of Finance, Division of Corporation Finance1
  • Business addressYinli Building, 8/F, 788 Guangzhong Road, Shanghai, F4 2000721
  • Phone86 21 6026-90031
  • Shares outstanding191,052,818 as of Dec 31, 20233
  • On EDGAR sinceAug 15, 20141
  • Filings121 in all: 6-K (46), UPLOAD (15), CORRESP (11), 20-F (9), SC 13D/A (5), DRS/A (4), F-1/A (4), SC 13G (4)1
    All 23 form types

    S-8 (3), S-8 POS (3), DRSLTR (2), EFFECT (2), F-6 POS (2), SC 13D (2), 15-12G (1), 25-NSE (1), 424B4 (1), 8-A12B (1), CERTNYS (1), DRS (1), F-1 (1), F-6 (1), SC 13G/A (1)

  • Latest filingsAnnual report (20-F) Apr 26, 2024