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New Oriental Education & Technology Group (New Oriental Education & Technology Group) PensionAndRetirementBenefit

: $0 Mil (As of Nov. 2023)
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New Oriental Education & Technology Group's PensionAndRetirementBenefit for the quarter that ended in Nov. 2023 was $0 Mil.

New Oriental Education & Technology Group PensionAndRetirementBenefit Historical Data

The historical data trend for New Oriental Education & Technology Group's PensionAndRetirementBenefit 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.

* Premium members only.

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New Oriental Education & Technology Group Annual Data
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New Oriental Education & Technology Group Quarterly Data
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New Oriental Education & Technology Group PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.

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 » PensionAndRetirementBenefit
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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.