New Oriental Education & Technology Group Overview
- Year Founded
-
1993
- Status
-
Public
- Employees
-
75,005
- Stock Symbol
-
09901
- Investments
-
64
- Share Price
-
$7.72
- (As of Thursday Closing)
New Oriental Education & Technology Group General Information
Description
New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.
Contact Information
Website
www.neworiental.orgCorporate Office
- No.6 Haidian Zhongjie
- Haidian District
- Beijing, 100080
- China
Corporate Office
- No.6 Haidian Zhongjie
- Haidian District
- Beijing, 100080
- China
New Oriental Education & Technology Group Stock Performance
(As of Thursday Closing)
| Stock Price | Previous Close | 52 wk Range | Market Cap | Shares | Average Volume | EPS |
|---|---|---|---|---|---|---|
| $7.72 | $8.22 | $5.79 - $9.84 | $12.6B | 5.22M | $0.19 |
New Oriental Education & Technology Group Financials Summary
|
In Thousands, USD |
TTM 31-May-2024 | FY 2024 31-May-2024 | FY 2023 31-May-2023 | FY 2022 31-May-2022 |
|---|---|---|---|---|
| EV | 9,687,582 | 9,687,582 | 2,792,786 | (1,173,783) |
| Revenue | 4,313,586 | 4,313,586 | 2,997,760 | 3,105,246 |
| EBITDA | 447,370 | 447,370 | 317,488 | (957,561) |
| Net Income | 309,591 | 309,591 | 177,341 | (1,187,721) |
| Total Assets | 7,531,673 | 7,531,673 | 6,392,458 | 6,034,666 |
| Total Debt | 662,330 | 662,330 | 458,595 | 680,411 |
New Oriental Education & Technology Group Valuation & Funding
| Deal Type | Date | Amount | Valuation/ EBITDA |
Post-Val | Status | Debt |
|---|
New Oriental Education & Technology Group Comparisons
Industry
Financing
Details
New Oriental Education & Technology Group Competitors (14)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Pearson Sistemas Do Brasil | Corporation | Ribeirao Bonito, Brazil | ||||
| Bright Scholar Education Holding | Corporation | Foshan, China | ||||
| Maskew Miller Learning | Corporate Backed or Acquired | Cape Town, South Africa | ||||
| Pu-Xin | Corporation | Beijing, China | ||||
| EF Education First | Corporation | Zurich, Switzerland |
New Oriental Education & Technology Group Patents
New Oriental Education & Technology Group Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| CA-3204361-A1 | Image processing method, image processing apparatus, and non-transitory storage medium | Pending | 07-Jan-2021 | ||
| US-20240078646-A1 | Image processing method, image processing apparatus, and non-transitory storage medium | Active | 07-Jan-2021 | ||
| US-12073542-B2 | Image processing method, image processing apparatus, and non-transitory storage medium | Active | 07-Jan-2021 | ||
| CA-3189604-A1 | Dance segment recognition method, dance segment recognition apparatus, and storage medium | Active | 29-Sep-2020 | ||
| US-20230260326-A1 | Dance segment recognition method, dance segment recognition apparatus, and storage medium | Active | 29-Sep-2020 | G06V10/82 |
New Oriental Education & Technology Group Executive Team (11)
| Name | Title | Board Seat |
|---|---|---|
| Minhong Yu | Chief Executive Officer & Chairman | |
| Chenggang Zhou | Chief Executive Officer & Board Member | |
| Michael Yu | Chief Executive Officer | |
| Zhihui Yang | Executive President and Chief Financial Officer | |
| Zheng Zhao | General Manager & Managing Partner |
New Oriental Education & Technology Group Board Members (4)
| Name | Representing | Role | Since |
|---|---|---|---|
| New Oriental Education & Technology Group | Chief Executive Officer & Board Member | ||
| Self | Board Member | ||
| New Oriental Education & Technology Group | Chief Executive Officer & Chairman | ||
| Self | Board Member |
New Oriental Education & Technology Group Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
New Oriental Education & Technology Group Investments & Acquisitions (64)
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| East Buy | 24-Nov-2023 | Educational and Training Services (B2C) | |||
| Yuke Future | 07-Jun-2023 | Educational Software | |||
| Huangbaoche Travel | 05-Jun-2023 | Other Restaurants, Hotels and Leisure | |||
| ImarsClub | 27-Oct-2021 | Educational and Training Services (B2C) | |||
| Uniterra | 09-Jun-2021 | Early Stage VC | Movies, Music and Entertainment |
New Oriental Education & Technology Group Subsidiaries (5)
| Company Name | Industry | Location | Founded |
|---|---|---|---|
| EDU Fund | Corporate Venture Capital | Beijing, China | 2018 |
| Dong Fund | Corporate Venture Capital | Beijing, China | |
| Maxen Education | Educational and Training Services (B2C) | Beijing, China | |
| Zhang Tong Jia Yuan | Educational and Training Services (B2C) | Xiamen, China | |
| East Buy | Educational and Training Services (B2C) | Beijing, China |
New Oriental Education & Technology Group ESG
Risk Overview
Risk Rating
Updated May, 31, 2024
17.54 | Low Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 16,009
Rank
Percentile
Consumer Services
Industry
of 507
Rank
Percentile
Consumer Services
Subindustry
of 144
Rank
Percentile
New Oriental Education & Technology Group Exits (9)
| Company Name | Exit Date | Exit Type | Exit Size | Status | Buyers |
|---|---|---|---|---|---|
| Star Education | 25-Nov-2019 | Completed |
|
||
| Tolo Bear | 24-Apr-2018 | Completed |
|
||
| Sunlands Technology Group | 23-Mar-2018 | Completed |
|
||
| Xiaoxiaoniu Creative Technologies | 09-Nov-2017 | Completed |
|
||
| TBEducation | 16-Nov-2015 | Early Stage VC | Completed |
|
New Oriental Education & Technology Group FAQs
-
When was New Oriental Education & Technology Group founded?
New Oriental Education & Technology Group was founded in 1993.
-
Who is the founder of New Oriental Education & Technology Group?
Minhong Yu and Xiaoping Xu are the founders of New Oriental Education & Technology Group.
-
Who is the CEO of New Oriental Education & Technology Group?
Minhong Yu, Chenggang Zhou, and Michael Yu are the CEOs of New Oriental Education & Technology Group.
-
Where is New Oriental Education & Technology Group headquartered?
New Oriental Education & Technology Group is headquartered in Beijing, China.
-
What is the size of New Oriental Education & Technology Group?
New Oriental Education & Technology Group has 75,005 total employees.
-
What industry is New Oriental Education & Technology Group in?
New Oriental Education & Technology Group’s primary industry is Educational and Training Services (B2C).
-
Is New Oriental Education & Technology Group a private or public company?
New Oriental Education & Technology Group is a Public company.
-
What is New Oriental Education & Technology Group’s stock symbol?
The ticker symbol for New Oriental Education & Technology Group is 09901.
-
What is the current stock price of New Oriental Education & Technology Group?
As of 03-Oct-2024 the stock price of New Oriental Education & Technology Group is $7.72.
-
What is the current market cap of New Oriental Education & Technology Group?
The current market capitalization of New Oriental Education & Technology Group is $12.6B.
-
What is New Oriental Education & Technology Group’s current revenue?
The trailing twelve month revenue for New Oriental Education & Technology Group is $4.31B.
-
Who are New Oriental Education & Technology Group’s competitors?
Pearson Sistemas Do Brasil, Bright Scholar Education Holding, Maskew Miller Learning, Pu-Xin, and EF Education First are some of the 14 competitors of New Oriental Education & Technology Group.
-
What is New Oriental Education & Technology Group’s annual earnings per share (EPS)?
New Oriental Education & Technology Group’s EPS for 12 months was $0.19.
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