New Oriental Education & Technology Group Inc. (HKG:9901)

HKG:9901 Balance Sheet

Financials in millions USD. Fiscal year is June - May.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 28, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020
Cash & Equivalents	1,419	1,389	1,663	1,149	1,612	915.06
Short-Term Investments	2,876	3,309	2,261	2,972	4,649	2,603
Trading Asset Securities	-	76.67	73.01	70.6	-	-
Cash & Short-Term Investments	4,295	4,775	3,997	4,191	6,261	3,518
Cash Growth	-5.93%	19.48%	-4.64%	-33.06%	77.96%	10.23%
Accounts Receivable	34.05	29.69	33.07	16.43	8.67	4.18
Other Receivables	5.24	164.16	103.7	109.04	109.83	52.88
Receivables	39.28	193.85	136.77	125.47	118.5	57.06
Inventory	85.71	92.81	52.69	27.93	31.18	31.32
Prepaid Expenses	306.17	28.92	18.34	19.94	27.22	48.09
Restricted Cash	146.98	177.41	110.89	-	-	-
Other Current Assets	-	120.79	98.59	109.67	136.3	101.82
Total Current Assets	4,873	5,389	4,414	4,474	6,574	3,756
Property, Plant & Equipment	1,452	1,162	799.3	933.79	2,723	2,098
Long-Term Investments	778.67	525.02	862.32	437.92	537.75	431.1
Goodwill	103.47	103.96	105.51	70.8	73.25	80.37
Other Intangible Assets	18.64	23.12	28.5	6.43	18.83	16.28
Long-Term Deferred Tax Assets	80.43	72.73	55.93	20.04	103.59	63.32
Other Long-Term Assets	141.09	256.09	127.01	91.73	120.92	111.47
Total Assets	7,447	7,532	6,392	6,035	10,151	6,557
Accounts Payable	85.6	105.68	69.76	22.29	38.44	33.15
Accrued Expenses	678.28	491.08	350.34	326.1	580.4	408.27
Current Portion of Leases	239.58	199.93	155.75	168.62	514.03	384.24
Current Income Taxes Payable	189.26	139.82	118.05	75.65	84.32	101.39
Current Unearned Revenue	1,750	1,780	1,338	933.06	1,926	1,324
Other Current Liabilities	-	284.27	219.44	184.4	327.86	227.94
Total Current Liabilities	2,943	3,001	2,251	1,710	3,471	2,479
Long-Term Debt	14.4	14.4	14.65	65.39	297.63	117.88
Long-Term Leases	484.66	447.99	288.19	446.39	1,351	1,078
Long-Term Deferred Tax Liabilities	29.97	19.41	23.85	19.24	13.17	11.91
Total Liabilities	3,472	3,483	2,578	2,241	5,133	3,687
Common Stock	3,686	1.7	1.7	1.7	1.69	1.59
Additional Paid-In Capital	-	1,870	1,940	2,062	1,949	456.09
Retained Earnings	-	2,000	1,691	1,513	2,701	2,366
Treasury Stock	-	-0.06	-0.06	-	-	-0
Comprehensive Income & Other	-	-95.78	-27.4	129.01	261.8	-90.87
Total Common Equity	3,686	3,776	3,604	3,706	4,913	2,733
Minority Interest	289.31	273.08	210.44	88.02	104.9	136.52
Shareholders' Equity	3,976	4,049	3,815	3,794	5,018	2,870
Total Liabilities & Equity	7,447	7,532	6,392	6,035	10,151	6,557
Total Debt	738.64	662.33	458.6	680.41	2,162	1,580
Net Cash (Debt)	3,556	4,113	3,538	3,511	4,099	1,938
Net Cash Growth	-11.13%	16.25%	0.78%	-14.35%	111.48%	-37.38%
Net Cash Per Share	21.57	24.63	20.99	20.69	24.81	12.15
Filing Date Shares Outstanding	161.29	163.53	165.51	169.94	169.7	158.54
Total Common Shares Outstanding	161.29	164.75	164.32	169.7	169.01	158.54
Working Capital	1,930	2,388	2,163	2,764	3,103	1,277
Book Value Per Share	22.85	22.92	21.94	21.84	29.07	17.24
Tangible Book Value	3,564	3,649	3,470	3,628	4,821	2,637
Tangible Book Value Per Share	22.10	22.15	21.12	21.38	28.53	16.63
Buildings	-	270.97	156.02	166.24	205.29	178.78
Machinery	-	316.2	254.42	261.94	433.27	299.82
Construction In Progress	-	24.29	48.22	37.61	63.06	44.86
Leasehold Improvements	-	347.42	293.24	341.02	839.15	579.23

Updated Jan 21, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.