New Oriental Education & Technology Group Inc. logo

New Oriental Education & Technology Group Inc.

9901.HK

HKSEConsumer DefensiveEducation & Training Services

Latest quote

HK$44.06

−HK$0.28 · -0.63%

Aug 24, 3:19 PM HKT

9901.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

New Oriental Education & Technology Group Inc. is a prominent provider of private educational services operating under the "New Oriental" brand across the People's Republic of China. Its operations are broadly organized into segments focusing on K-12 after-school tutoring, test preparation, online learning platforms, and other educational offerings. The company assists students in preparing for crucial language and admission examinations required by academic institutions in the United States, mainland China, and Commonwealth nations. It also delivers after-school academic support for primary and secondary students aiming to boost their scores, alongside English language instruction for younger learners. Furthermore, New Oriental offers a diverse array of language courses, including English and several other foreign languages like German, Japanese, French, Korean, Italian, and Spanish. The group manages a full-time private primary and secondary school in Yangzhou, featuring a comprehensive curriculum with a strong emphasis on English. Additionally, it develops and publishes proprietary educational materials for language training and test preparation, while also providing online education programs catering to pre-school, K-12, and college-level students. Supplementary services include overseas studies consulting and international educational tours. As of May 31, 2021, its extensive network encompassed 122 schools, 1,547 learning centers, 11 bookstores, and its various online learning platforms. Founded in 1993, New Oriental Education & Technology Group Inc. is headquartered in Beijing, People's Republic of China.

Industry
Education & Training Services
Sector
Consumer Defensive
Headquarters
CN
CEO
Chenggang Zhou
Listed since
Nov 9, 2020
Employees
76,646

Market position

Day range

Current HK$44.06

52-week range

Current HK$44.06

Open
HK$44.02
Previous close
HK$44.34
Volume
1.86M
0.41× average
Average volume
4.57M
Average daily volume
Market cap
70.12B HKD
Beta
0.24
Market reference 1
50-day average
HK$39.6652
+11.08% above average
200-day average
HK$42.1051
+4.64% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
6.29B USD
P/E (TTM)
18.62×
P/B (TTM)
2.18×
P/S (TTM)
1.55×
EV / EBITDA
9.81×
Earnings yield
6.37%
Free cash flow yield
0.00%
Dividend yield
2.15%

Profitability & efficiency

Gross margin
54.64%
Operating margin
11.37%
Net margin
8.40%
Return on equity
11.88%
Return on assets
5.39%
Return on invested capital
8.96%

Financial health

Debt / equity
0.21×
Current ratio
1.5×
Altman Z-score
2.35
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends65%27%-10%-48%Gross margin, FY2022: 43.51%Gross margin, FY2023: 52.98%Gross margin, FY2024: 52.45%Gross margin, FY2025: 55.45%Gross margin, FY2026: 54.64%Operating margin, FY2022: -31.64%Operating margin, FY2023: 6.34%Operating margin, FY2024: 8.12%Operating margin, FY2025: 8.74%Operating margin, FY2026: 11.36%Net margin, FY2022: -38.25%Net margin, FY2023: 5.92%Net margin, FY2024: 7.18%Net margin, FY2025: 7.59%Net margin, FY2026: 8.39%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 43.51%. Gross margin FY2023 52.98%. Gross margin FY2024 52.45%. Gross margin FY2025 55.45%. Gross margin FY2026 54.64%. Operating margin FY2022 -31.64%. Operating margin FY2023 6.34%. Operating margin FY2024 8.12%. Operating margin FY2025 8.74%. Operating margin FY2026 11.36%. Net margin FY2022 -38.25%. Net margin FY2023 5.92%. Net margin FY2024 7.18%. Net margin FY2025 7.59%. Net margin FY2026 8.39%.

Income trends

Revenue

5.64B USD+15.19%

Operating income

641.35M USD+49.76%

Net income

473.77M USD+27.45%
Income trends across reported periods6.33B USD3.59B USD861.97M USD−1.87B USDRevenue, FY2022: 3.11B USDRevenue, FY2023: 3B USDRevenue, FY2024: 4.31B USDRevenue, FY2025: 4.9B USDRevenue, FY2026: 5.64B USDOperating income, FY2022: −982.51M USDOperating income, FY2023: 190.05M USDOperating income, FY2024: 350.43M USDOperating income, FY2025: 428.25M USDOperating income, FY2026: 641.35M USDNet income, FY2022: −1.19B USDNet income, FY2023: 177.34M USDNet income, FY2024: 309.59M USDNet income, FY2025: 371.72M USDNet income, FY2026: 473.77M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 3.11B USD. Revenue FY2023 3B USD. Revenue FY2024 4.31B USD. Revenue FY2025 4.9B USD. Revenue FY2026 5.64B USD. Operating income FY2022 −982.51M USD. Operating income FY2023 190.05M USD. Operating income FY2024 350.43M USD. Operating income FY2025 428.25M USD. Operating income FY2026 641.35M USD. Net income FY2022 −1.19B USD. Net income FY2023 177.34M USD. Net income FY2024 309.59M USD. Net income FY2025 371.72M USD. Net income FY2026 473.77M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue5.64B USD4.9B USD4.31B USD3B USD3.11B USD
Cost of goods sold2.56B USD2.18B USD2.05B USD1.41B USD1.75B USD
Gross profit3.08B USD2.72B USD2.26B USD1.59B USD1.35B USD
Selling, general, and administrative2.44B USD2.23B USD1.91B USD1.4B USD2.33B USD
Operating expenses2.44B USD2.29B USD1.91B USD1.4B USD2.33B USD
Interest income153.59M USD114.45M USD123.54M USD
Interest expense298K USD707K USD4.05M USD
Depreciation and amortization106.82M USD106.82M USD122.7M USD194.43M USD
Operating income641.35M USD428.25M USD350.43M USD190.05M USD−982.51M USD
Net income473.77M USD371.72M USD309.59M USD177.34M USD−1.19B USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

11 ratings
Strong buy00%
Buy764%
Hold436%
Sell00%
Strong sell00%

Corporate actions

Corporate action history

Dividend

Ex-dividend May 14, 2026

HK$0.4708

Semi-Annual

Record May 15, 2026 · Payment Jun 2, 2026

Dividend

Ex-dividend Nov 17, 2025

HK$0.4698

Irregular

Record Nov 18, 2025 · Payment Dec 2, 2025

Dividend

Ex-dividend Sep 9, 2024

HK$0.471

Special

Record Sep 10, 2024 · Payment Sep 23, 2024

9901.HK peers

ETFs holding 9901.HK

Funds reporting this stock among their holdings, ordered by reported position size.

Continue in GoAI

Research 9901.HK

research.disclaimer