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New Oriental Education & Technology Group Inc

09901

Company Profile

  • Business description

    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. It also owns 55% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.

  • Contact

    No. 6 Hai Dian Zhong Street
    Haidian District
    Beijing 100080
    CHN

    T: +86 1060908000

    E: zhaosisi@xdf.cn

    https://www.neworiental.org

  • Sector

    Consumer Defensive

    Stock type

    Defensive

  • Industry

    Education & Training Services

    Fiscal Year End

    31 May 2024

    Employees

    50,438

New Oriental Education & Technology Group Inc News & Analysis

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Markets

Index
Last price
Change
% Change
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CAC 40 8,038.09 15.68 0.20%
DAX 40 17,843.62 106.26 0.60%
Dow JONES (US) 38,007.02 20.62 0.05%
FTSE 100 8,027.76 131.91 1.67%
HKSE 16,511.69 287.55 1.77%
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Nikkei 225 37,438.61 370.26 1.00%
NZX 50 Index 11,852.80 56.59 0.48%
S&P 500 4,974.71 7.48 0.15%
S&P/ASX 200 7,649.20 81.90 1.08%
SSE Composite Index 3,044.60 20.67 -0.67%

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