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New Oriental Education & Technology Group (HKSE:09901) Construction In Progress : HK$0 Mil (As of Feb. 2025)


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What is New Oriental Education & Technology Group Construction In Progress?

New Oriental Education & Technology Group's annual construction in progress increased from May. 2022 (HK$295 Mil) to May. 2023 (HK$378 Mil) but then declined from May. 2023 (HK$378 Mil) to May. 2024 (HK$190 Mil).


New Oriental Education & Technology Group Construction In Progress Historical Data

The historical data trend for New Oriental Education & Technology Group's Construction In Progress 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 Construction In Progress Chart

New Oriental Education & Technology Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 347.72 489.69 295.18 377.88 189.71

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
Construction In Progress 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 - 189.71 - - -

New Oriental Education & Technology Group Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.


New Oriental Education & Technology Group Business Description

Traded in Other Exchanges
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.
Executives
Norges Bank 2101 Beneficial owner
First Beijing Investment Limited 2102 Investment manager
Fmr Llc 2201 Interest of corporation controlled by you

New Oriental Education & Technology Group Headlines

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