New Oriental Education & Technology

NYSE EDU

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New Oriental Education & Technology Market Capitalization on June 03, 2024: USD 13.15 B

New Oriental Education & Technology Market Capitalization is USD 13.15 B on June 03, 2024, a 91.66% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • New Oriental Education & Technology 52-week high Market Capitalization is USD 16.06 B on April 19, 2024, which is 22.18% above the current Market Capitalization.
  • New Oriental Education & Technology 52-week low Market Capitalization is USD 6.04 B on June 23, 2023, which is -54.03% below the current Market Capitalization.
  • New Oriental Education & Technology average Market Capitalization for the last 52 weeks is USD 11.41 B.
NYSE: EDU

New Oriental Education & Technology

CEO Mr. Minhong Yu
IPO Date Sept. 7, 2006
Location China
Headquarters No. 6 Hai Dian Zhong Street, Beijing, China, 100080
Employees 50,438
Sector Consumer Defensive
Industry Education & training services
Description

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. The company operates through four segments: Educational Services and Test Preparation Courses; Online Education and Other Services; Overseas Study Consulting Services; and Educational Materials and Distribution. It offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the Commonwealth countries, and the People's Republic of China. The company also provides non-academic tutoring courses; intelligent learning systems and devices to offer a digital learning experience for students; and overseas studies consulting services. In addition, it offers online education services through the Koolearn.com platform that provides comprehensive online education courses, including college educational services, such as college test preparation, overseas test preparation, and English language learning for college students and working professionals preparing for standardized tests or seeking to enhance their English language proficiency; and educational content packages to schools and institutional customers, including universities, public libraries, telecom operators, and online video streaming providers. Further, the company develops and edits educational materials for language training and test preparation. In addition, it offers educational programs, services, and products to students through schools; learning centers; and bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

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September 8, 2024

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