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	Nov 30, 2024	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021	May 31, 2020
Cash & Equivalents	1,418	1,389	1,663	1,149	1,612	915.06
Short-Term Investments	3,294	3,309	2,261	2,972	4,649	2,603
Trading Asset Securities	-	76.67	73.01	70.6	-	-
Cash & Short-Term Investments	4,713	4,775	3,997	4,191	6,261	3,518
Cash Growth	5.99%	19.48%	-4.64%	-33.06%	77.96%	10.23%
Accounts Receivable	35.59	29.69	33.07	16.43	8.67	4.18
Other Receivables	5.5	164.16	103.7	109.04	109.83	52.88
Receivables	41.09	193.85	136.77	125.47	118.5	57.06
Inventory	92.66	92.81	52.69	27.93	31.18	31.32
Prepaid Expenses	355.7	28.92	18.34	19.94	27.22	48.09
Restricted Cash	169.6	177.41	110.89	-	-	-
Other Current Assets	-	120.79	98.59	109.67	136.3	101.82
Total Current Assets	5,372	5,389	4,414	4,474	6,574	3,756
Property, Plant & Equipment	1,426	1,162	799.3	933.79	2,723	2,098
Long-Term Investments	501.12	525.02	862.32	437.92	537.75	431.1
Goodwill	103.94	103.96	105.51	70.8	73.25	80.37
Other Intangible Assets	20.19	23.12	28.5	6.43	18.83	16.28
Long-Term Deferred Tax Assets	71.52	72.73	55.93	20.04	103.59	63.32
Other Long-Term Assets	140.28	256.09	127.01	91.73	120.92	111.47
Total Assets	7,634	7,532	6,392	6,035	10,151	6,557
Accounts Payable	92.15	105.68	69.76	22.29	38.44	33.15
Accrued Expenses	686.54	491.08	350.34	326.1	580.4	408.27
Current Portion of Leases	218.6	199.93	155.75	168.62	514.03	384.24
Current Income Taxes Payable	175.59	139.82	118.05	75.65	84.32	101.39
Current Unearned Revenue	1,961	1,780	1,338	933.06	1,926	1,324
Other Current Liabilities	0.56	284.27	219.44	184.4	327.86	227.94
Total Current Liabilities	3,134	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	489.83	447.99	288.19	446.39	1,351	1,078
Long-Term Deferred Tax Liabilities	14.55	19.41	23.85	19.24	13.17	11.91
Total Liabilities	3,653	3,483	2,578	2,241	5,133	3,687
Common Stock	3,700	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	3,700	3,776	3,604	3,706	4,913	2,733
Minority Interest	281.81	273.08	210.44	88.02	104.9	136.52
Shareholders' Equity	3,982	4,049	3,815	3,794	5,018	2,870
Total Liabilities & Equity	7,634	7,532	6,392	6,035	10,151	6,557
Total Debt	722.83	662.33	458.6	680.41	2,162	1,580
Net Cash (Debt)	3,990	4,113	3,538	3,511	4,099	1,938
Net Cash Growth	1.37%	16.25%	0.78%	-14.35%	111.48%	-37.38%
Net Cash Per Share	24.03	24.63	20.99	20.69	24.81	12.15
Filing Date Shares Outstanding	162.93	163.53	165.51	169.94	169.7	158.54
Total Common Shares Outstanding	162.93	164.75	164.32	169.7	169.01	158.54
Working Capital	2,238	2,388	2,163	2,764	3,103	1,277
Book Value Per Share	22.71	22.92	21.94	21.84	29.07	17.24
Tangible Book Value	3,576	3,649	3,470	3,628	4,821	2,637
Tangible Book Value Per Share	21.95	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.