New Oriental Education & Technology Group (New Oriental Education & Technology Group) Investments And Advances : $609 Mil (As of Feb. 2024)

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What is New Oriental Education & Technology Group Investments And Advances?

New Oriental Education & Technology Group's Investments And Advances for the quarter that ended in Feb. 2024 was $609 Mil.

New Oriental Education & Technology Group's quarterly Investments And Advances declined from Aug. 2023 ($855 Mil) to Nov. 2023 ($795 Mil) and declined from Nov. 2023 ($795 Mil) to Feb. 2024 ($609 Mil).

New Oriental Education & Technology Group's annual Investments And Advances declined from May. 2021 ($538 Mil) to May. 2022 ($438 Mil) but then increased from May. 2022 ($438 Mil) to May. 2023 ($862 Mil).

New Oriental Education & Technology Group Investments And Advances Historical Data

The historical data trend for New Oriental Education & Technology Group's Investments And Advances can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New Oriental Education & Technology Group Investments And Advances Chart

New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Investments And Advances

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404.70

431.10

537.75

437.92

862.32

New Oriental Education & Technology Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Investments And Advances	Get a 7-Day Free Trial															429.23	862.32	854.74	794.77	608.71

New Oriental Education & Technology Group Investments And Advances Calculation

Investments And Advances includes all the non-current investments in affiliates, real estate, securities, etc.

New Oriental Education & Technology Group (New Oriental Education & Technology Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (NYSE:EDU) » Definitions » Investments And Advances

Comparable Companies

Traded in Other Exchanges

EDUN:Mexico 09901:Hong Kong 0K75:UK N1U0:Germany E1DU34:Brazil

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

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. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.