New Oriental Education & Technology Group (New Oriental Education & Technology Group) Research & Development : $0 Mil (TTM As of Feb. 2024)

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What is New Oriental Education & Technology Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. New Oriental Education & Technology Group's Research & Development for the three months ended in Feb. 2024 was $0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was $0 Mil.

New Oriental Education & Technology Group Research & Development Historical Data

The historical data trend for New Oriental Education & Technology Group's Research & Development 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 Research & Development Chart

New Oriental Education & Technology Group Annual Data

Trend

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Research & Development

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New Oriental Education & Technology Group Quarterly Data
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Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

New Oriental Education & Technology Group Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0 Mil.

New Oriental Education & Technology Group (NYSE:EDU) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

New Oriental Education & Technology Group Research & Development Related Terms

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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 » Research & Development

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.