New Oriental Education & Technology Group Inc.

HKSE:9901.HK

Sector

🛍 Consumer Discretionary

Industries

📚 E-Learning

🛍 Specialty Retail

🏫 Universities

Location

China

Market Cap

USD 7.53 B

Share Price

USD 4.61

Avg Daily Volume

6,380,512

Change (1 day)

-1.87%

Change (1 year)

-37.50%

Change (YTD)

-26.88%

New Oriental Education & Technology Group Inc. Revenue for the year ending May 31, 2024: USD 4.31 B

New Oriental Education & Technology Group Inc. Revenue is USD 4.31 B for the year ending May 31, 2024, a 43.89% change year over year. Revenue is the total amount of money generated from the sales of goods or services by a company during a specific period.

New Oriental Education & Technology Group Inc. Revenue for the year ending May 31, 2023 was USD 3.00 B, a -3.46% change year over year.
New Oriental Education & Technology Group Inc. Revenue for the year ending May 31, 2022 was USD 3.11 B, a -27.39% change year over year.
New Oriental Education & Technology Group Inc. Revenue for the year ending May 31, 2021 was USD 4.28 B, a 19.50% change year over year.
New Oriental Education & Technology Group Inc. Revenue for the year ending May 31, 2020 was USD 3.58 B, a 15.57% change year over year.

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Key data

Date	Revenue	Revenue	Gross Profit	Operating Income

HKSE: 9901.HK

New Oriental Education & Technology Group Inc.

CEO	Mr. Chenggang Zhou
IPO Date	Nov. 9, 2020
Location	China
Headquarters	No. 6 Hai Dian Zhong Street
Employees	67,935
Sector	🛍 Consumer Discretionary
Industries E-Learning 🛍 Specialty Retail 🏫 Universities

Description

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. It operates through K-12 AST, Test Preparation and Other Courses; Online Education; and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to enhance their exam scores, as well as for children to teach English. It also provides language training courses, including English, as well as other foreign languages, such as German, Japanese, French, Korean, Italian, and Spanish; operates a full-time private primary and secondary school in Yangzhou seeking a full curriculum with a focus on English; develops and edits educational materials for language training and test preparation; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting and overseas study tour services. As of May 31, 2021, it offered educational programs, services, and products to students through a network of 122 schools, 1,547 learning centers, and 11 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.