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New Oriental Education & Technology Group (STU:N1U0) Tax Rate % : 27.72% (As of Nov. 2024)


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What is New Oriental Education & Technology Group Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. New Oriental Education & Technology Group's Tax Expense for the three months ended in Nov. 2024 was €14 Mil. New Oriental Education & Technology Group's Pre-Tax Income for the three months ended in Nov. 2024 was €50 Mil. Therefore, New Oriental Education & Technology Group's Tax Rate % for the quarter that ended in Nov. 2024 was 27.72%.


New Oriental Education & Technology Group Tax Rate % Historical Data

The historical data trend for New Oriental Education & Technology Group's Tax Rate % 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 Tax Rate % Chart

New Oriental Education & Technology Group Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.54 26.54 -13.20 21.41 22.21

New Oriental Education & Technology Group Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Tax Rate % 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 15.35 24.81 9.74 24.21 27.72

New Oriental Education & Technology Group Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

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

Tax Rate %=Tax Expense (A: May. 2024 )/Pre-Tax Income (A: May. 2024 )
=101.463/456.803
=22.21 %

New Oriental Education & Technology Group's Tax Rate % for the quarter that ended in Nov. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Nov. 2024 )/Pre-Tax Income (Q: Nov. 2024 )
=13.781/49.707
=27.72 %

* 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.


New Oriental Education & Technology Group Tax Rate % Related Terms

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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.

New Oriental Education & Technology Group Headlines

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