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EDU (New Oriental Education & Technology Group) Buildings And Improvements : $0 Mil (As of Feb. 2025)


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What is New Oriental Education & Technology Group Buildings And Improvements?

New Oriental Education & Technology Group's annual buildings and improvements declined from May. 2022 ($166 Mil) to May. 2023 ($156 Mil) but then increased from May. 2023 ($156 Mil) to May. 2024 ($271 Mil).


New Oriental Education & Technology Group Buildings And Improvements Historical Data

The historical data trend for New Oriental Education & Technology Group's Buildings And Improvements 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 Buildings And Improvements Chart

New Oriental Education & Technology Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Buildings And Improvements
Get a 7-Day Free Trial Premium Member Only Premium Member Only 178.78 205.29 166.24 156.02 270.97

New Oriental Education & Technology Group Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
Buildings And Improvements Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 270.97 - - -

New Oriental Education & Technology Group Buildings And Improvements Calculation

Buildings are typically valued at the time of acquisition or construction.  Broker and architect fees, permits, etc. can be covered within this category.  Building components, such as a roof, are normally recorded separately in an asset register since the value and useful lives of these components equal much less than the building itself.

Building improvements that extend the useful life of a building will fall into the category of “building improvements” and should be capitalized.  Improvements are commonly recorded at acquisition cost.  Building improvement examples include roofing, remodeling, replacements, etc.


New Oriental Education & Technology Group Business Description

Address
No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080
New Oriental is a prominent private education provider in China, offering a wide array of educational services. These include overseas test preparation, consulting services, high school academic tutoring, nonacademic tutoring, and intelligent learning systems and devices. Additionally, the company holds a 57% ownership stake in East Buy, a leading player in the livestreaming e-commerce market.