Company New Oriental Education & Technology Group Inc.

Equities

EDU

US6475812060

Miscellaneous Educational Service Providers

Real-time Estimate Cboe BZX 04:06:48 2024-03-28 pm EDT 5-day change 1st Jan Change
86.7 USD +0.82% Intraday chart for New Oriental Education & Technology Group Inc. -8.13% +18.35%

Business Summary

New Oriental Education & Technology Group Inc is a China-based company mainly engaged in delivering comprehensive educational programs, services and products to students through its nationwide physical network of schools, learning centers and bookstores, as well as pure-play online learning platforms. The Company primarily operates through four segments. The Educational Services and Test Preparation Courses segment mainly provides K-12 AST, test preparation, and other courses. The Online Education and Other Services segment mainly provides online education. The Overseas Study Consulting Services segment mainly provides overseas study consulting services. The Educational Materials and Distribution segment is mainly engaged in distributing and selling books and other educational materials through its distribution channels, which consist of bookstores operated by the Company and third-party distributors.

Number of employees: 50,438

Sales per Business

USD in Million2022Weight2023Weight Delta
Educational Services and Test Preparation Courses
60.9 %
2,535 81.6 % 1,825 60.9 % -28.01%
Private Label Products and Livestreaming E-commerce and Other Services
21.6 %
137 4.4 % 647 21.6 % +373.40%
Overseas Study Consulting Services
11.8 %
326 10.5 % 355 11.8 % +8.86%
Others
5.7 %
107 3.5 % 171 5.7 % +58.98%

Sales per region

USD in Million2022Weight2023Weight Delta
China
100.0 %
3,105 100.0 % 2,998 100.0 % -3.46%

Managers

Managers TitleAgeSince
Chief Executive Officer 62 99-12-31
Founder 60 93-11-15
Director of Finance/CFO 50 06-03-31
Director/Board Member 60 05-11-30
Public Communications Contact 63 -
Investor Relations Contact - -
Corporate Officer/Principal 48 03-12-31

Members of the board

Members of the board TitleAgeSince
Director/Board Member 60 05-11-30
Director/Board Member 56 06-09-05
Director/Board Member 55 06-09-05
Founder 60 93-11-15
Chief Executive Officer 62 99-12-31
Director/Board Member 70 07-07-31

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 1,702,625,793 1,483,118,602 ( 87.11 %) 59,463,140 ( 3.492 %) 87.11 %

Shareholders

NameEquities%Valuation
Bamei Li
12.03 %
199,072,160 12.03 % 1 888 M $
Norges Bank Investment Management
5.190 %
85,900,232 5.190 % 815 M $
Fidelity Management & Research Co. LLC
3.727 %
61,682,820 3.727 % 585 M $
GIC Pte Ltd. (Investment Management)
3.135 %
51,886,253 3.135 % 492 M $
FIAM LLC
1.095 %
18,126,825 1.095 % 172 M $
Fidelity Management & Research (Hong Kong) Ltd.
0.5009 %
8,290,700 0.5009 % 79 M $
HSBC Global Asset Management (Hong Kong) Ltd.
0.3530 %
5,842,500 0.3530 % 55 M $
State Street Global Advisors Ltd.
0.2924 %
4,840,274 0.2924 % 46 M $
Sjunde AP-fonden
0.1884 %
3,117,750 0.1884 % 30 M $
China Southern Asset Management Co., Ltd.
0.1226 %
2,028,900 0.1226 % 19 M $
NameEquities%Valuation
Fidelity Management & Research Co. LLC
3.558 %
5,888,152 3.558 % 551 M $
Morgan Stanley Capital Services LLC
2.786 %
4,610,767 2.786 % 431 M $
Renaissance Technologies LLC
1.915 %
3,168,854 1.915 % 296 M $
Schroder Investment Management (Hong Kong) Ltd.
1.749 %
2,894,779 1.749 % 271 M $
GIC Pte Ltd. (Investment Management)
1.534 %
2,538,432 1.534 % 237 M $
Goldman Sachs International
1.435 %
2,374,408 1.435 % 222 M $
WT Asset Management Ltd.
1.065 %
1,762,644 1.065 % 165 M $
Merrill Lynch International
1.052 %
1,740,900 1.052 % 163 M $
BlackRock Asset Management North Asia Ltd.
1.032 %
1,708,074 1.032 % 160 M $
Greenwoods Investments SG Pte Ltd.
1.004 %
1,662,383 1.004 % 155 M $

Holdings

NameEquities%Valuation
569,458,500 56.01% 1,760,281,642 $
564,209 31.03% 11,284,180 $

Company contact information

New Oriental Education & Technology Group, Inc.

No. 6 Hai Dian Zhong Street Haidian District

100080, Beijing

+86 10 6090 8000

http://www.neworiental.org
address New Oriental Education & Technology Group Inc.(EDU)
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