New Financial Statements From 2010 to 2024

EDU Stock  USD 83.26  3.62  4.55%   
New Oriental financial statements provide useful quarterly and yearly information to potential New Oriental Education investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on New Oriental financial statements helps investors assess New Oriental's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting New Oriental's valuation are summarized below:
Gross Profit
1.4 B
Profit Margin
0.0772
Market Capitalization
15 B
Enterprise Value Revenue
3.0613
Revenue
B
There are currently one hundred twenty fundamental ratios for New Oriental that can be evaluated and compared over time across peers in the industry. All traders should check New Oriental's last-minute fundamentals against the performance from 2010 to 2024 and make sure the trends continue to evolve in the right direction. Market Cap is likely to drop to about 5.2 B in 2024. Enterprise Value is likely to drop to about 4.5 B in 2024

New Oriental Total Revenue

3.62 Billion

Check New Oriental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New main balance sheet or income statement drivers, such as Depreciation And Amortization of 939.5 K, Interest Expense of 1.2 M or Selling And Marketing Expenses of 537 M, as well as many exotic indicators such as Price To Sales Ratio of 2.3, Dividend Yield of 0.0144 or PTB Ratio of 1.92. New financial statements analysis is a perfect complement when working with New Oriental Valuation or Volatility modules.
  
This module can also supplement New Oriental's financial leverage analysis and stock options assessment as well as various New Oriental Technical models . Check out the analysis of New Oriental Correlation against competitors.

New Oriental Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.7 B7.4 B4.3 B
Slightly volatile
Short and Long Term Debt Total786.5 M527.4 M464.7 M
Slightly volatile
Other Current Liabilities830.6 M791 M383.3 M
Slightly volatile
Total Current Liabilities2.7 B2.6 B1.6 B
Slightly volatile
Total Stockholder Equity4.4 B4.1 B2.3 B
Slightly volatile
CashB1.9 B968.4 M
Slightly volatile
Other Assets781.6 M744.4 M211.8 M
Slightly volatile
Cash And Short Term Investments4.8 B4.6 B2.8 B
Slightly volatile
Common Stock Shares Outstanding162.7 M193.8 M158.8 M
Slightly volatile
Liabilities And Stockholders Equity7.7 B7.4 B4.3 B
Slightly volatile
Non Current Liabilities Total250.9 M375.7 M314.4 M
Slightly volatile
Other Stockholder Equity2.3 B2.2 B850.2 M
Slightly volatile
Total Liabilities3.1 BB1.9 B
Slightly volatile
Total Current Assets5.3 B5.1 BB
Slightly volatile
Retained Earnings861.6 M1.4 B1.1 B
Slightly volatile
Accounts Payable84.2 M80.2 M33 M
Slightly volatile
Long Term Debt16 M16.9 M88.1 M
Very volatile
Short Term Investments2.8 B2.7 B1.8 B
Slightly volatile
Inventory63.6 M60.6 M32.5 M
Slightly volatile
Other Current Assets255.1 M242.9 M94.7 M
Slightly volatile
Preferred Stock Total Equity125.4 K134.6 K118.3 K
Slightly volatile
Intangible Assets34.4 M32.8 M14 M
Slightly volatile
Common Stock1.7 MM1.6 M
Slightly volatile
Property Plant Equipment562.5 M919.2 M701.7 M
Slightly volatile
Property Plant And Equipment Net588.9 M919.2 M704.2 M
Slightly volatile
Current Deferred Revenue1.6 B1.5 B952.5 M
Slightly volatile
Non Current Assets Total2.4 B2.3 B1.3 B
Slightly volatile
Non Currrent Assets Other153.4 M146.1 M69.5 M
Slightly volatile
Net Receivables51.3 M48.8 M26.7 M
Slightly volatile
Good Will127.4 M121.3 M49 M
Slightly volatile
Common Stock Total Equity1.7 M1.9 M1.6 M
Slightly volatile
Property Plant And Equipment Gross588.9 M919.2 M704.2 M
Slightly volatile
Other Liabilities23.2 M22.1 M10.8 M
Slightly volatile
Long Term InvestmentsB991.7 M400.2 M
Slightly volatile
Net Tangible Assets2.5 B4.2 B2.3 B
Slightly volatile
Deferred Long Term Liabilities2.3 M2.6 M2.1 M
Slightly volatile
Capital Surpluse2.3 B2.2 B847.8 M
Slightly volatile
Net Invested Capital3.4 B4.2 B2.6 B
Slightly volatile
Cash And Equivalents1.3 B1.9 BB
Slightly volatile
Net Working Capital2.1 B2.5 B1.6 B
Slightly volatile
Capital Stock1.8 MM1.6 M
Slightly volatile
Capital Lease Obligations379.6 M399.5 M1.2 B
Slightly volatile

New Oriental Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Selling And Marketing Expenses537 M511.4 M317.5 M
Slightly volatile
Total Revenue3.6 B3.4 B2.3 B
Slightly volatile
Gross Profit1.9 B1.8 B1.2 B
Slightly volatile
Other Operating Expenses3.4 B3.2 B2.1 B
Slightly volatile
Cost Of Revenue1.7 B1.6 BB
Slightly volatile
Total Operating Expenses1.7 B1.6 B1.1 B
Slightly volatile
Income Tax Expense39.9 M76 M56.5 M
Slightly volatile
Selling General Administrative556.4 M1.1 B748.9 M
Slightly volatile
Tax Provision83.1 M76 M62.9 M
Slightly volatile
Interest Income735.3 K774 K54.9 M
Slightly volatile
Net Interest Income108.4 M130.8 M90.8 M
Slightly volatile
Reconciled Depreciation148.8 M141.1 M104.6 M
Slightly volatile

New Oriental Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Capital Expenditures120.7 M164.5 M150.2 M
Slightly volatile
End Period Cash Flow2.2 B2.1 BB
Slightly volatile
Stock Based Compensation108.4 M103.3 M55.1 M
Slightly volatile
Begin Period Cash Flow1.4 B1.4 B828.4 M
Slightly volatile
Depreciation74.1 M141.1 M91.5 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.32.434.447
Slightly volatile
Dividend Yield0.01440.01090.0111
Slightly volatile
PTB Ratio1.922.025.5424
Slightly volatile
Days Sales Outstanding4.894.653.3275
Slightly volatile
Book Value Per Share20.319.3313.4482
Slightly volatile
Invested Capital0.140.110.1919
Very volatile
Stock Based Compensation To Revenue0.04820.03440.0287
Very volatile
PB Ratio1.922.025.5424
Slightly volatile
EV To Sales1.871.964.1109
Slightly volatile
Inventory Turnover20.1424.0830.2024
Slightly volatile
Days Of Inventory On Hand25.7515.6916.5634
Slightly volatile
Payables Turnover25.1518.1835.9769
Pretty Stable
Sales General And Administrative To Revenue0.270.290.3348
Pretty Stable
Cash Per Share22.521.4316.0895
Slightly volatile
Payout Ratio0.610.320.3794
Slightly volatile
Days Payables Outstanding18.820.7813.5583
Pretty Stable
Income Quality1.953.712.6921
Pretty Stable
Tangible Asset Value17.4 M19.6 M21.3 M
Slightly volatile
Intangibles To Total Assets0.00990.01890.0124
Pretty Stable
Current Ratio2.282.261.9304
Slightly volatile
Tangible Book Value Per Share20.7319.7413.5706
Slightly volatile
Receivables Turnover77.1481.2184
Slightly volatile
Graham Number11.5420.3420.4742
Slightly volatile
Shareholders Equity Per Share20.319.3313.4482
Slightly volatile
Debt To Equity0.140.110.1919
Very volatile
Revenue Per Share16.8816.0813.3622
Slightly volatile
Interest Debt Per Share1.512.462.8476
Slightly volatile
Debt To Assets0.07350.06460.1014
Very volatile
Operating Cycle28.921.6419.8616
Slightly volatile
Price Book Value Ratio1.922.025.5424
Slightly volatile
Days Of Payables Outstanding18.820.7813.5583
Pretty Stable
Dividend Payout Ratio0.610.320.3794
Slightly volatile
Ebt Per Ebit0.961.461.2642
Very volatile
Company Equity Multiplier2.022.041.9022
Very volatile
Long Term Debt To Capitalization0.180.08910.0987
Slightly volatile
Total Debt To Capitalization0.10.11290.1504
Very volatile
Debt Equity Ratio0.140.110.1919
Very volatile
Quick Ratio2.12.061.7877
Slightly volatile
Net Income Per E B T0.980.660.8319
Very volatile
Cash Ratio1.120.850.7119
Very volatile
Cash Conversion Cycle0.820.865.6846
Slightly volatile
Days Of Inventory Outstanding25.7515.6916.5634
Slightly volatile
Days Of Sales Outstanding4.894.653.3275
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.630.770.7643
Very volatile
Price To Book Ratio1.922.025.5424
Slightly volatile
Fixed Asset Turnover2.943.383.9806
Pretty Stable
Debt Ratio0.07350.06460.1014
Very volatile
Price Sales Ratio2.32.434.447
Slightly volatile
Asset Turnover0.660.540.6063
Slightly volatile
Gross Profit Margin0.630.610.5694
Slightly volatile
Price Fair Value1.922.025.5424
Slightly volatile

New Oriental Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap5.2 B5.7 BB
Slightly volatile
Enterprise Value4.5 B4.6 B7.4 B
Slightly volatile

New Fundamental Market Drivers

Forward Price Earnings23.8663
Cash And Short Term InvestmentsB

New Upcoming Events

17th of April 2024
Upcoming Quarterly Report
View
24th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
24th of July 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

About New Oriental Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include New Oriental income statement, its balance sheet, and the statement of cash flows. New Oriental investors use historical funamental indicators, such as New Oriental's revenue or net income, to determine how well the company is positioned to perform in the future. Although New Oriental investors may use each financial statement separately, they are all related. The changes in New Oriental's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New Oriental's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on New Oriental Financial Statements. Understanding these patterns can help to make the right decision on long term investment in New Oriental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue1.5 B1.6 B
Total Revenue3.4 B3.6 B
Cost Of Revenue1.6 B1.7 B
Stock Based Compensation To Revenue 0.03  0.05 
Sales General And Administrative To Revenue 0.29  0.27 
Research And Ddevelopement To Revenue 0.00  0.00 
Capex To Revenue(0.04)(0.05)
Revenue Per Share 16.08  16.88 
Ebit Per Revenue 0.07  0.12 

Pair Trading with New Oriental

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Oriental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Oriental will appreciate offsetting losses from the drop in the long position's value.

Moving against New Stock

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The ability to find closely correlated positions to New Oriental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Oriental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Oriental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Oriental Education to buy it.
The correlation of New Oriental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Oriental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Oriental Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Oriental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether New Oriental Education is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Oriental Education Stock. Highlighted below are key reports to facilitate an investment decision about New Oriental Education Stock:
Check out the analysis of New Oriental Correlation against competitors.
Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

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Is New Oriental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Oriental. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Oriental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.023
Earnings Share
1.8
Revenue Per Share
24.418
Quarterly Revenue Growth
0.601
Return On Assets
0.0363
The market value of New Oriental Education is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Oriental's market value can be influenced by many factors that don't directly affect New Oriental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine if New Oriental is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.