Company Information

  

Address: NO. 6 HAI DIAN ZHONG STREET, 9TH FLOOR  
City: BEIJING 
State:  
Zip Code: 100080 
Telephone: (86-10) 6260-5566 

Description of Business

Primary SIC Code: 8200
(As filed with the SEC)  

Our first school was established by Michael Minhong Yu, our executive chairman, in Beijing, China in 1993 to offer TOEFL test preparation courses to college students. We established New Oriental China in 2001 as a domestic holding company to act as the sponsor of our schools and hold some operating subsidiaries. Since our inception, we have grown rapidly and transformed ourselves from primarily a language training and test preparation company to the largest provider of private educational services in China offering a wide range of educational programs, services and products to a varied student population throughout China. In order to facilitate foreign investment in our company, we established our offshore holding company, New Oriental Education & Technology Group Inc., in the British Virgin Islands in August 2004.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
05/20181.87NA53.19
02/20181.74NA52.52
11/20171.87NA45.38
08/20171.850.43044.19
05/20171.74NA41.19
02/20171.55NA31.23
05/20161.43NA29.55
02/20161.41NA22.08

Key Financial Ratios and Statistics

FYE: 05/31

Profitability 2018 Leverage 2018
Net Inc/Comm Equity2.27Total Liab/Total Assets0.45
Net Inc/Total Assets0.07Total Liab/Inv Cap0.80
Net Inc/Inv Cap0.13Total Liab/Comm Equity13.62
Pretax Inc/Net Sales0.15Interest Coverage RatioNA
Net Inc/Net Sales0.12Curr Debt/EquityNA
Cash Flow/Net Sales0.32LTD/EquityNA
SG&A/NetSales0.46Total Debt/EquityNA
Asset Utilization   Liquidity  
Net Receivables Turnover348.02Quick Ratio1.66
Inventory Turnover29.64Current Ratio1.68
Inventory Day Sales0.07Net Rec/Curr Assets0.00
Net Sales/Work Cap2.05Inv/Curr Assets0.01
Net Sales/PP&E5.44  

Income Statement (Millions)

  5/31/2018 5/31/2017 5/31/2016 5/31/2015
Total Revenues(Net Sales) 2,447.43 1,799.51 1,478.35 1,246.77
Cost of Goods Sold 1,065.74 749.59 614.36 526.32
Selling & Admin Exps 1,118.73 787.77 668.91 566.92
Operating Income 262.96 262.15 198.84 153.53
Interest Exp NA NA NA NA
Pretax Income 357.02 330.71 271.04 220.48
Other Income 94.07 68.56 72.21 66.95
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 296.13 274.46 224.88 193.01

Balance Sheet (Millions)

Assets 5/31/2018 5/31/2017 5/31/2016 5/31/2015
Cash & Short Term Investments 2,607.13 1,970.75 1,647.36 1,132.18
Receivables - Total 4.77 9.29 8.29 25.80
Inventories - Total 40.18 31.74 27.30 23.98
Total Current Assets 2,941.91 2,326.26 1,869.34 1,348.88
Net Property, Plant & Equipment 449.59 282.80 237.70 231.46
Total Assets 3,977.71 2,924.98 2,354.83 1,951.54
Liabilities        
Accounts Payable 480.69 336.05 271.29 224.06
Debt in Current Liabilities NA NA NA NA
Total Current Liabilities 1,750.88 1,202.68 918.19 725.23
Long-Term Debt NA NA NA NA
Total Liabilities 1,779.50 1,244.03 950.26 731.19
Stockholder's Equity        
Minority Interest 16.48 39.13 30.09 3.50
Preferred Stock NA NA NA NA
Common Stock 1.58 1.58 1.58 1.58
Retained Earnings 1,352.54 1,171.11 931.93 824.02
Treasury Stock -0.00 -0.01 -0.01 -0.02
Total Stockholders' Equity 1,991.59 1,680.95 1,404.57 1,220.35
Total Liabilities and Stockholders' Equity 3,771.09 2,924.98 2,354.83 1,951.54

Cash Flow Summary (Millions)

Categories 5/31/2018 5/31/2017 5/31/2016 5/31/2015
Net Cash Provided by Operating Activities 781.13 622.69 524.31 374.15
Net Cash Provided by Investing Activities -406.72 -672.26 -309.74 -173.42
Net Cash Provided by Financing Activities -74.88 4.79 -0.92 -44.30

Annual Summary Data (Millions)

Year Sales Net Income EPS
05/20141,138.89215.701.37
05/20151,246.77193.011.23
05/20161,478.35224.881.43
05/20171,799.51274.461.74
05/20182,447.43296.131.87
Growth Rates21.088.248.09

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/19362125,36279.00




Report Date : 8/12/2019

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