New Oriental Education & Technology Group Inc. (HKG:9901)
Hong Kong · Delayed Price · Currency is HKD 43.00
+0.54 (1.27%)
Nov 9, 2026, 4:08 PM HKT
HKG:9901 Cash Flow Statement
Financials in millions USD. Fiscal year is June - May.
Millions USD. Fiscal year is Jun - May.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Net Income | 507.61 | 475.17 | 371.72 | 309.59 | 177.34 | -1,188 |
Depreciation & Amortization | 178.73 | 178.73 | 145.89 | 106.82 | 122.7 | 194.43 |
Other Amortization | - | - | - | - | 0.22 | 0.47 |
Loss (Gain) From Sale of Assets | 8.08 | 8.08 | 3.42 | - | 2.17 | 79.61 |
Asset Writedown & Restructuring Costs | - | - | 60.3 | - | - | 435.66 |
Loss (Gain) From Sale of Investments | -13 | -13 | 14.87 | 10.8 | 8.92 | 122.28 |
Loss (Gain) on Equity Investments | 17.82 | 17.82 | 14.32 | 60.32 | 7.1 | 51.47 |
Stock-Based Compensation | 88.47 | 88.47 | 59.93 | 122.46 | 89.79 | 132.97 |
Provision & Write-off of Bad Debts | 1.57 | 1.57 | 0.64 | -0.61 | 0.75 | -0.08 |
Other Operating Activities | 4.04 | 33.4 | -25.2 | -5.6 | 24.15 | 44.43 |
Change in Accounts Receivable | -2.75 | -2.75 | -16.95 | 3.34 | -3.87 | -8.11 |
Change in Inventory | -19.01 | -19.01 | 12.43 | -41.21 | -21.9 | 1.82 |
Change in Accounts Payable | 39.03 | 39.03 | -23 | 37.79 | 44.05 | -15.12 |
Change in Unearned Revenue | 157.65 | 157.65 | 163.82 | 468.2 | 469.34 | -925.05 |
Change in Income Taxes | 36.43 | 36.43 | 34.7 | 21.72 | 41.65 | 2.18 |
Change in Other Net Operating Assets | 25.48 | 25.48 | 79.71 | 29.04 | 8.61 | -209.68 |
Operating Cash Flow | 1,030 | 1,027 | 896.59 | 1,123 | 971.01 | -1,280 |
Operating Cash Flow Growth | 13.74% | 14.55% | -20.14% | 15.62% | - | - |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Capital Expenditures | -312.67 | -246.87 | -241.94 | -249.39 | -143.05 | -150.74 |
Sale of Property, Plant & Equipment | 0.3 | 0.3 | 0.26 | 0.42 | 1.32 | 5.39 |
Cash Acquisitions | - | - | - | - | 0.89 | - |
Divestitures | - | - | -15.15 | - | - | -33.91 |
Sale (Purchase) of Intangibles | -0.04 | -0.04 | -17.27 | -34 | 2.11 | 4.99 |
Investment in Securities | -209.69 | -209.69 | 187.04 | -869.57 | 103.7 | 1,378 |
Other Investing Activities | 337.25 | -1.41 | -6.37 | -1.39 | -2.39 | -34.72 |
Investing Cash Flow | -184.85 | -457.7 | -93.43 | -1,154 | -37.41 | 1,169 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Long-Term Debt Repaid | - | -14.4 | - | -0.24 | -48.76 | -222 |
Net Debt Issued (Repaid) | -14.4 | -14.4 | - | -0.24 | -48.76 | -222 |
Issuance of Common Stock | 5.69 | 5.69 | 12.95 | 3.93 | 12.88 | 0.18 |
Repurchase of Common Stock | -250.33 | -250.33 | -474.83 | -79.66 | -193.8 | -7.96 |
Other Financing Activities | -162.99 | -24.74 | -24.9 | -84.47 | -17.18 | -1.08 |
Financing Cash Flow | -518.4 | -380.15 | -584.97 | -160.44 | -246.87 | -230.86 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Foreign Exchange Rate Adjustments | 85.86 | 90.13 | 9.84 | -24.61 | -75.83 | -94.82 |
Net Cash Flow | 412.76 | 279.36 | 228.03 | -216.32 | 610.9 | -437.6 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Free Cash Flow | 717.49 | 780.21 | 654.65 | 873.25 | 827.96 | -1,431 |
Free Cash Flow Growth | 8.09% | 19.18% | -25.03% | 5.47% | - | - |
Free Cash Flow Margin | 11.93% | 13.78% | 13.36% | 20.24% | 27.62% | -46.09% |
Free Cash Flow Per Share | 0.45 | 0.49 | 0.40 | 0.52 | 0.49 | -0.84 |
Levered Free Cash Flow | 707.11 | 884.09 | 488.72 | 673.92 | 609.57 | -1,536 |
Unlevered Free Cash Flow | 707.13 | 884.11 | 488.92 | 674.11 | 609.8 | -1,534 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Aug '26 Aug 31, 2026 | May '26 May 31, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 |
Cash Interest Paid | 0.15 | 0.15 | 0.31 | 0.36 | 0.8 | 5.05 |
Cash Income Tax Paid | 168.55 | 168.55 | 147.55 | 109.15 | 55.2 | 53.05 |
Change in Working Capital | 236.84 | 236.84 | 250.71 | 518.87 | 537.88 | -1,154 |