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

HKG:9901 Balance Sheet

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

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Cash & Equivalents	1,821	1,612	1,389	1,663	1,149
Short-Term Investments	3,086	2,837	3,309	2,261	2,972
Trading Asset Securities	205.8	128.67	76.67	73.01	70.6
Cash & Short-Term Investments	5,113	4,578	4,775	3,997	4,191
Cash Growth	11.69%	-4.13%	19.48%	-4.64%	-33.06%
Accounts Receivable	36.99	33.63	29.69	33.07	16.43
Other Receivables	214.6	156.27	164.16	103.7	109.04
Receivables	251.59	189.9	193.85	136.77	125.47
Inventory	105.8	80.88	92.81	52.69	27.93
Prepaid Expenses	52.62	34.68	28.92	18.34	19.94
Restricted Cash	179.1	180.72	177.41	110.89	-
Other Current Assets	129.65	123.52	120.79	98.59	109.67
Total Current Assets	5,832	5,188	5,389	4,414	4,474
Property, Plant & Equipment	1,734	1,561	1,162	799.3	933.79
Long-Term Investments	830.36	744.15	525.02	862.32	437.92
Goodwill	46.56	43.83	103.96	105.51	70.8
Other Intangible Assets	64.96	67.92	23.12	28.5	6.43
Long-Term Deferred Tax Assets	105.27	97.93	72.73	55.93	20.04
Other Long-Term Assets	178.69	102.78	256.09	127.01	91.73
Total Assets	8,792	7,805	7,532	6,392	6,035

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Accounts Payable	126.94	80.48	105.68	69.76	22.29
Accrued Expenses	599.37	517.87	491.08	350.34	326.1
Current Portion of Leases	285.02	256	199.93	155.75	168.62
Current Income Taxes Payable	203.53	167.88	139.82	118.05	75.65
Current Unearned Revenue	2,243	1,954	1,780	1,338	933.06
Other Current Liabilities	431.88	313.12	284.27	219.44	184.4
Total Current Liabilities	3,890	3,290	3,001	2,251	1,710
Long-Term Debt	-	14.4	14.4	14.65	65.39
Long-Term Leases	563.83	533.38	447.99	288.19	446.39
Long-Term Deferred Tax Liabilities	14.09	14.17	19.41	23.85	19.24
Total Liabilities	4,468	3,852	3,483	2,578	2,241

Shareholders' Equity

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Common Stock	1.7	1.7	1.7	1.7	1.7
Additional Paid-In Capital	1,312	1,467	1,870	1,940	2,062
Retained Earnings	2,560	2,274	2,000	1,691	1,513
Treasury Stock	-0.15	-0.12	-0.06	-0.06	-
Comprehensive Income & Other	112.92	-80.62	-95.78	-27.4	129.01
Total Common Equity	3,986	3,662	3,776	3,604	3,706
Minority Interest	338.09	291.86	273.08	210.44	88.02
Shareholders' Equity	4,324	3,954	4,049	3,815	3,794
Total Liabilities & Equity	8,792	7,805	7,532	6,392	6,035

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May 31, 2026	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022
Total Debt	848.84	803.78	662.33	458.6	680.41
Net Cash (Debt)	4,264	3,774	4,113	3,538	3,511
Net Cash Growth	12.98%	-8.23%	16.25%	0.78%	-14.35%
Net Cash Per Share	26.73	23.14	24.63	20.99	20.69
Filing Date Shares Outstanding	155.03	159.15	163.53	165.51	169.94
Total Common Shares Outstanding	154.91	158.03	164.75	164.32	169.7
Working Capital	1,942	1,898	2,388	2,163	2,764
Book Value Per Share	25.73	23.17	22.92	21.94	21.84
Tangible Book Value	3,875	3,550	3,649	3,470	3,628
Tangible Book Value Per Share	25.01	22.47	22.15	21.12	21.38
Buildings	416.85	394.29	270.97	156.02	166.24
Machinery	505.29	415.25	316.2	254.42	261.94
Construction In Progress	68.08	26.85	24.29	48.22	37.61
Leasehold Improvements	620.21	490.48	347.42	293.24	341.02

Data Source: S&P Global Market Intelligence Last updated: Sep 22, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 27, 2026

Data Sources Report a data error