New Oriental Education & Technology Group Inc. Logo

New Oriental Education & Technology Group Inc.

9901.HK

(1.8)
Stock Price

42,45 HKD

4.18% ROA

8.14% ROE

3.88x PER

Market Cap.

11.896.067.551,68 HKD

17.54% DER

0.82% Yield

7.18% NPM

New Oriental Education & Technology Group Inc. Stock Analysis

New Oriental Education & Technology Group Inc. Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

New Oriental Education & Technology Group Inc. Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (13%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 ROE

ROE in an average range (1.8%) suggests satisfactory profitability and decent utilization of shareholders' equity.

3 ROA

The stock's ROA (1.01%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

4 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

5 Net Profit Growth

Over the last three years, this company has consistently achieved net profit growth, indicating a favorable financial performance and making it an attractive investment option.

6 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (58) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

7 PBV

The stock's elevated P/BV ratio (3.03x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

8 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

9 Graham Number

The Graham number calculation reveals that this company's stock price is potentially inflated, implying that it may not be a desirable investment option.

10 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

11 Dividend

Investors should be cautious as the company hasn't distributed dividends in the last three years, possibly indicating financial challenges.

New Oriental Education & Technology Group Inc. Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

New Oriental Education & Technology Group Inc. Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

New Oriental Education & Technology Group Inc. Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

New Oriental Education & Technology Group Inc. Revenue
Year Revenue Growth
2002 41.950.073
2003 53.379.000 21.41%
2004 77.721.000 31.32%
2005 98.322.000 20.95%
2006 136.445.000 27.94%
2007 201.003.000 32.12%
2008 292.567.000 31.3%
2009 386.307.000 24.27%
2010 557.872.000 30.75%
2011 771.718.000 27.71%
2012 959.854.000 19.6%
2013 1.138.887.000 15.72%
2014 1.246.766.000 8.65%
2015 1.478.348.000 15.66%
2016 1.799.509.000 17.85%
2017 2.447.430.000 26.47%
2018 3.096.491.000 20.96%
2019 3.578.682.000 13.47%
2020 4.276.539.000 16.32%
2021 3.105.246.000 -37.72%
2022 2.997.760.000 -3.59%
2023 4.546.716.000 34.07%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

New Oriental Education & Technology Group Inc. Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

New Oriental Education & Technology Group Inc. General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 19.750.000 100%
2004 25.103.000 21.32%
2005 38.688.000 35.11%
2006 54.073.000 28.45%
2007 78.449.000 31.07%
2008 80.689.000 2.78%
2009 103.336.000 21.92%
2010 155.412.000 33.51%
2011 235.743.000 34.08%
2012 311.014.000 24.2%
2013 324.210.000 4.07%
2014 379.812.000 14.64%
2015 471.010.000 19.36%
2016 554.948.000 15.13%
2017 794.482.000 30.15%
2018 1.034.028.000 23.17%
2019 1.145.521.000 9.73%
2020 1.489.826.000 23.11%
2021 1.866.573.000 20.18%
2022 953.583.000 -95.74%
2023 1.502.052.000 36.51%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

New Oriental Education & Technology Group Inc. EBITDA
Year EBITDA Growth
2002 2.981.100
2003 6.303.000 52.7%
2004 13.946.000 54.8%
2005 13.826.000 -0.87%
2006 34.306.000 59.7%
2007 54.024.000 36.5%
2008 53.731.000 -0.55%
2009 89.916.000 40.24%
2010 84.301.000 -6.66%
2011 90.134.000 6.47%
2012 122.565.000 26.46%
2013 190.325.000 35.6%
2014 151.419.000 -25.69%
2015 191.317.000 20.85%
2016 262.149.000 27.02%
2017 262.959.000 0.31%
2018 402.916.000 34.74%
2019 417.454.000 3.48%
2020 624.457.000 33.15%
2021 -967.580.000 164.54%
2022 190.906.000 606.84%
2023 694.604.000 72.52%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

New Oriental Education & Technology Group Inc. Gross Profit
Year Gross Profit Growth
2002 24.393.131
2003 30.302.000 19.5%
2004 44.653.000 32.14%
2005 57.360.000 22.15%
2006 81.206.000 29.36%
2007 123.784.000 34.4%
2008 180.556.000 31.44%
2009 239.046.000 24.47%
2010 335.247.000 28.7%
2011 467.691.000 28.32%
2012 575.677.000 18.76%
2013 687.218.000 16.23%
2014 720.052.000 4.56%
2015 863.984.000 16.66%
2016 1.049.923.000 17.71%
2017 1.381.690.000 24.01%
2018 1.720.222.000 19.68%
2019 1.989.783.000 13.55%
2020 2.239.664.000 11.16%
2021 1.350.955.000 -65.78%
2022 1.588.322.000 14.94%
2023 2.377.124.000 33.18%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

New Oriental Education & Technology Group Inc. Net Profit
Year Net Profit Growth
2002 2.339.049
2003 6.329.000 63.04%
2004 17.152.000 63.1%
2005 6.303.000 -172.12%
2006 29.631.000 78.73%
2007 49.013.000 39.54%
2008 61.016.000 19.67%
2009 77.789.000 21.56%
2010 101.774.000 23.57%
2011 132.688.000 23.3%
2012 136.269.000 2.63%
2013 215.704.000 36.83%
2014 190.903.000 -12.99%
2015 224.884.000 15.11%
2016 274.457.000 18.06%
2017 296.130.000 7.32%
2018 238.065.000 -24.39%
2019 413.333.000 42.4%
2020 334.414.000 -23.6%
2021 -1.187.721.000 128.16%
2022 177.341.000 769.74%
2023 107.888.000 -64.38%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

New Oriental Education & Technology Group Inc. Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 -1 0%
2022 0 0%
2023 1 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

New Oriental Education & Technology Group Inc. Free Cashflow
Year Free Cashflow Growth
2005 13.565.000
2006 51.409.000 73.61%
2007 65.348.000 21.33%
2008 81.184.000 19.51%
2009 122.332.000 33.64%
2010 166.266.000 26.42%
2011 177.614.000 6.39%
2012 222.160.000 20.05%
2013 329.642.000 32.61%
2014 318.827.000 -3.39%
2015 453.493.000 29.7%
2016 512.401.000 11.5%
2017 561.515.000 8.75%
2018 528.770.000 -6.19%
2019 494.907.000 -6.84%
2020 693.737.000 28.66%
2021 -1.431.191.000 148.47%
2022 827.963.000 272.86%
2023 376.835.000 -119.71%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

New Oriental Education & Technology Group Inc. Operating Cashflow
Year Operating Cashflow Growth
2005 25.807.000
2006 59.540.000 56.66%
2007 76.708.000 22.38%
2008 97.182.000 21.07%
2009 141.890.000 31.51%
2010 215.819.000 34.26%
2011 249.304.000 13.43%
2012 283.628.000 12.1%
2013 361.345.000 21.51%
2014 374.145.000 3.42%
2015 517.894.000 27.76%
2016 618.137.000 16.22%
2017 781.127.000 20.87%
2018 805.648.000 3.04%
2019 804.455.000 -0.15%
2020 1.130.085.000 28.81%
2021 -1.280.453.000 188.26%
2022 971.008.000 231.87%
2023 376.835.000 -157.67%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

New Oriental Education & Technology Group Inc. Capital Expenditure
Year Capital Expenditure Growth
2005 12.242.000
2006 8.131.000 -50.56%
2007 11.360.000 28.42%
2008 15.998.000 28.99%
2009 19.558.000 18.2%
2010 49.553.000 60.53%
2011 71.690.000 30.88%
2012 61.468.000 -16.63%
2013 31.703.000 -93.89%
2014 55.318.000 42.69%
2015 64.401.000 14.1%
2016 105.736.000 39.09%
2017 219.612.000 51.85%
2018 276.878.000 20.68%
2019 309.548.000 10.55%
2020 436.348.000 29.06%
2021 150.738.000 -189.47%
2022 143.045.000 -5.38%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

New Oriental Education & Technology Group Inc. Equity
Year Equity Growth
2002 21.784.094
2003 27.049.000 19.46%
2004 58.497.000 53.76%
2005 66.592.000 12.16%
2006 247.192.000 73.06%
2007 298.857.000 17.29%
2008 351.484.000 14.97%
2009 427.578.000 17.8%
2010 574.223.000 25.54%
2011 690.402.000 16.83%
2012 857.252.000 19.46%
2013 1.025.758.000 16.43%
2014 1.223.844.000 16.19%
2015 1.434.662.000 14.69%
2016 1.720.078.000 16.59%
2017 1.999.431.000 13.97%
2018 2.525.097.000 20.82%
2019 2.869.811.000 12.01%
2020 5.018.176.000 42.81%
2021 3.793.524.000 -32.28%
2022 3.814.788.000 0.56%
2023 4.049.014.000 5.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

New Oriental Education & Technology Group Inc. Assets
Year Assets Growth
2002 61.903.203
2003 80.093.000 22.71%
2004 134.517.000 40.46%
2005 139.079.000 3.28%
2006 316.060.000 56%
2007 396.743.000 20.34%
2008 469.402.000 15.48%
2009 596.420.000 21.3%
2010 863.370.000 30.92%
2011 1.128.817.000 23.52%
2012 1.353.441.000 16.6%
2013 1.603.545.000 15.6%
2014 1.951.537.000 17.83%
2015 2.354.834.000 17.13%
2016 2.924.979.000 19.49%
2017 3.977.712.000 26.47%
2018 4.646.559.000 14.39%
2019 6.556.885.000 29.13%
2020 10.151.053.000 35.41%
2021 6.034.666.000 -68.21%
2022 6.392.458.000 5.6%
2023 7.531.673.000 15.13%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

New Oriental Education & Technology Group Inc. Liabilities
Year Liabilities Growth
2002 40.119.108
2003 53.044.000 24.37%
2004 76.020.000 30.22%
2005 72.487.000 -4.87%
2006 68.868.000 -5.25%
2007 97.886.000 29.64%
2008 117.918.000 16.99%
2009 168.842.000 30.16%
2010 289.147.000 41.61%
2011 438.415.000 34.05%
2012 496.189.000 11.64%
2013 577.787.000 14.12%
2014 727.693.000 20.6%
2015 920.172.000 20.92%
2016 1.204.901.000 23.63%
2017 1.978.281.000 39.09%
2018 2.121.462.000 6.75%
2019 3.687.074.000 42.46%
2020 5.132.877.000 28.17%
2021 2.241.142.000 -129.03%
2022 2.577.670.000 13.06%
2023 3.482.659.000 25.99%

New Oriental Education & Technology Group Inc. Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
26.09
Net Income per Share
1.87
Price to Earning Ratio
3.88x
Price To Sales Ratio
2.76x
POCF Ratio
1.07
PFCF Ratio
13.07
Price to Book Ratio
0.32
EV to Sales
2.59
EV Over EBITDA
22.12
EV to Operating CashFlow
9.95
EV to FreeCashFlow
12.27
Earnings Yield
0.26
FreeCashFlow Yield
0.08
Market Cap
11,90 Bil.
Enterprise Value
11,17 Bil.
Graham Number
31.02
Graham NetNet
8.98

Income Statement Metrics

Net Income per Share
1.87
Income Quality
3.63
ROE
0.08
Return On Assets
0.04
Return On Capital Employed
0.08
Net Income per EBT
0.63
EBT Per Ebit
1.41
Ebit per Revenue
0.08
Effective Tax Rate
0.22

Margins

Sales, General, & Administrative to Revenue
0.29
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.03
Gross Profit Margin
0.52
Operating Profit Margin
0.08
Pretax Profit Margin
0.11
Net Profit Margin
0.07

Dividends

Dividend Yield
0.01
Dividend Yield %
0.82
Payout Ratio
0
Dividend Per Share
0.06

Operating Metrics

Operating Cashflow per Share
6.79
Free CashFlow per Share
5.5
Capex to Operating CashFlow
0.19
Capex to Revenue
0.05
Capex to Depreciation
0
Return on Invested Capital
0.06
Return on Tangible Assets
0.04
Days Sales Outstanding
16.4
Days Payables Outstanding
18.81
Days of Inventory on Hand
16.52
Receivables Turnover
22.25
Payables Turnover
19.41
Inventory Turnover
22.1
Capex per Share
1.29

Balance Sheet

Cash per Share
28,88
Book Value per Share
24,49
Tangible Book Value per Share
23.72
Shareholders Equity per Share
22.84
Interest Debt per Share
4.01
Debt to Equity
0.18
Debt to Assets
0.09
Net Debt to EBITDA
-1.44
Current Ratio
1.8
Tangible Asset Value
3,92 Bil.
Net Current Asset Value
1,91 Bil.
Invested Capital
3676989000
Working Capital
2,39 Bil.
Intangibles to Total Assets
0.02
Average Receivables
0,12 Bil.
Average Payables
0,12 Bil.
Average Inventory
94662500
Debt to Market Cap
0.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

New Oriental Education & Technology Group Inc. Dividends
Year Dividends Growth
2024 0

New Oriental Education & Technology Group Inc. Profile

About New Oriental Education & Technology Group Inc.

New Oriental Education & Technology Group Inc. provides private educational services under the New Oriental brand in the People's Republic of China. It operates through K-12 AST, Test Preparation and Other Courses; Online Education; and Others segments. The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the People's Republic of China, and the Commonwealth countries; and after-school tutoring courses for middle and high school students to enhance their exam scores, as well as for children to teach English. It also provides language training courses, including English, as well as other foreign languages, such as German, Japanese, French, Korean, Italian, and Spanish; operates a full-time private primary and secondary school in Yangzhou seeking a full curriculum with a focus on English; develops and edits educational materials for language training and test preparation; and offers online education programs that include college, K-12, and pre-school education. In addition, the company offers overseas studies consulting and overseas study tour services. As of May 31, 2021, it offered educational programs, services, and products to students through a network of 122 schools, 1,547 learning centers, and 11 bookstores, as well as through its online learning platforms. The company was founded in 1993 and is headquartered in Beijing, the People's Republic of China.

CEO
Mr. Chenggang Zhou
Employee
67.935
Address
No. 6 Hai Dian Zhong Street
Beijing, 100080

New Oriental Education & Technology Group Inc. Executives & BODs

New Oriental Education & Technology Group Inc. Executives & BODs
# Name Age
1 Mr. Chenggang Zhou
Chief Executive Officer & Director
70
2 Mr. Zhihui Yang
Executive President & Chief Financial Officer
70
3 Mr. Zheng Zhao
General Manager & Managing Partner, New Oriental Education Culture Industry Fund
70
4 Mr. Minhong Yu
Founder & Executive Chairman
70
5 Ms. Sisi Zhao
Investor Relations Director
70
6 Mr. Tung-Jung Hsieh
Senior Adviser & Director
70

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