New Oriental Education & Technology Group (HKSE:09901) Pretax Margin % : 22.32% (As of Aug. 2024)

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What is New Oriental Education & Technology Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. New Oriental Education & Technology Group's Pre-Tax Income for the three months ended in Aug. 2024 was HK$2,497 Mil. New Oriental Education & Technology Group's Revenue for the three months ended in Aug. 2024 was HK$11,191 Mil. Therefore, New Oriental Education & Technology Group's pretax margin for the quarter that ended in Aug. 2024 was 22.32%.

The historical rank and industry rank for New Oriental Education & Technology Group's Pretax Margin % or its related term are showing as below:

HKSE:09901' s Pretax Margin % Range Over the Past 10 Years
Min: -33.25 Med: 12.54 Max: 18.38
Current: 12.2

HKSE:09901's Pretax Margin % is ranked better than
64.48% of 259 companies
in the Education industry
Industry Median: 6.73 vs HKSE:09901: 12.20

New Oriental Education & Technology Group Pretax Margin % Historical Data

The historical data trend for New Oriental Education & Technology Group's Pretax Margin % 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 Pretax Margin % Chart

New Oriental Education & Technology Group Annual Data

Trend

May15

May16

May17

May18

May19

May20

May21

May22

May23

May24

Pretax Margin %

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13.63

7.37

-33.25

10.29

11.45

New Oriental Education & Technology Group Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Pretax Margin %	Get a 7-Day Free Trial															22.46	6.69	10.92	4.99	22.32

Competitive Comparison of New Oriental Education & Technology Group's Pretax Margin %

For the Education & Training Services subindustry, New Oriental Education & Technology Group's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

New Oriental Education & Technology Group's Pretax Margin % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, New Oriental Education & Technology Group's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where New Oriental Education & Technology Group's Pretax Margin % falls into.

New Oriental Education & Technology Group Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

New Oriental Education & Technology Group's Pretax Margin for the fiscal year that ended in May. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (A: May. 2024 )	/	Revenue (A: May. 2024 )
	=	3857.837	/	33697.302
	=	11.45 %

New Oriental Education & Technology Group's Pretax Margin for the quarter that ended in Aug. 2024 is calculated as

Pretax Margin	=	Pre-Tax Income (Q: Aug. 2024 )	/	Revenue (Q: Aug. 2024 )
	=	2497.31	/	11190.79
	=	22.32 %

New Oriental Education & Technology Group (HKSE:09901) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.

New Oriental Education & Technology Group Pretax Margin % Related Terms

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New Oriental Education & Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (HKSE:09901) » Definitions » Pretax Margin %

Comparable Companies

Traded in Other Exchanges

EDU:USA EDUN:Mexico 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. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.

Executives

Norges Bank	2101 Beneficial owner
Fmr Llc	2201 Interest of corporation controlled by you

New Oriental Education & Technology Group Headlines

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