New Oriental Education & Technology Group Inc. (HKG:9901)
Hong Kong · Delayed Price · Currency is HKD 38.96
+0.22 (0.57%)
Jul 28, 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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
Net Income | 420.09 | 371.72 | 309.59 | 177.34 | -1,188 | 334.41 |
Depreciation & Amortization | 145.89 | 145.89 | 106.82 | 122.7 | 194.43 | 230.44 |
Other Amortization | - | - | - | 0.22 | 0.47 | 0.55 |
Loss (Gain) From Sale of Assets | 3.42 | 3.42 | - | 2.17 | 79.61 | 5.38 |
Asset Writedown & Restructuring Costs | 60.3 | 60.3 | - | - | 435.66 | 65.56 |
Loss (Gain) From Sale of Investments | 14.87 | 14.87 | 10.8 | 8.92 | 122.28 | 40.5 |
Loss (Gain) on Equity Investments | 14.32 | 14.32 | 60.32 | 7.1 | 51.47 | 1.37 |
Stock-Based Compensation | 59.93 | 59.93 | 122.46 | 89.79 | 132.97 | 68.88 |
Provision & Write-off of Bad Debts | 0.64 | 0.64 | -0.61 | 0.75 | -0.08 | 3.11 |
Other Operating Activities | -62.71 | -25.2 | -5.6 | 24.15 | 44.43 | -149.04 |
Change in Accounts Receivable | -16.95 | -16.95 | 3.34 | -3.87 | -8.11 | -4.63 |
Change in Inventory | 12.43 | 12.43 | -41.21 | -21.9 | 1.82 | 3.75 |
Change in Accounts Payable | -23 | -23 | 37.79 | 44.05 | -15.12 | 12.81 |
Change in Unearned Revenue | 163.82 | 163.82 | 468.2 | 469.34 | -925.05 | 420.34 |
Change in Income Taxes | 34.7 | 34.7 | 21.72 | 41.65 | 2.18 | 33.53 |
Change in Other Net Operating Assets | 79.71 | 79.71 | 29.04 | 8.61 | -209.68 | 63.12 |
Operating Cash Flow | 907.45 | 896.59 | 1,123 | 971.01 | -1,280 | 1,130 |
Operating Cash Flow Growth | 3.79% | -20.14% | 15.62% | - | - | 40.48% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
Capital Expenditures | -241.94 | -241.94 | -249.39 | -143.05 | -150.74 | -429.2 |
Sale of Property, Plant & Equipment | 0.26 | 0.26 | 0.42 | 1.32 | 5.39 | 45.39 |
Cash Acquisitions | - | - | - | 0.89 | - | -12.7 |
Divestitures | -15.15 | -15.15 | - | - | -33.91 | - |
Sale (Purchase) of Intangibles | -17.27 | -17.27 | -34 | 2.11 | 4.99 | -7.15 |
Investment in Securities | 187.04 | 187.04 | -869.57 | 103.7 | 1,378 | -1,791 |
Other Investing Activities | -126.81 | -6.37 | -1.39 | -2.39 | -34.72 | 17.23 |
Investing Cash Flow | -213.87 | -93.43 | -1,154 | -37.41 | 1,169 | -2,178 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
Long-Term Debt Issued | - | - | - | - | - | 297.08 |
Long-Term Debt Repaid | - | - | -0.24 | -48.76 | -222 | -120 |
Net Debt Issued (Repaid) | - | - | -0.24 | -48.76 | -222 | 177.08 |
Issuance of Common Stock | 12.95 | 12.95 | 3.93 | 12.88 | 0.18 | 1,485 |
Repurchase of Common Stock | -474.83 | -474.83 | -79.66 | -193.8 | -7.96 | -16.17 |
Other Financing Activities | 234.17 | -24.9 | -84.47 | -17.18 | -1.08 | 8.47 |
Financing Cash Flow | -325.91 | -584.97 | -160.44 | -246.87 | -230.86 | 1,654 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
Foreign Exchange Rate Adjustments | 79.85 | 9.84 | -24.61 | -75.83 | -94.82 | 106.17 |
Net Cash Flow | 447.52 | 228.03 | -216.32 | 610.9 | -437.6 | 712.7 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
Free Cash Flow | 665.52 | 654.65 | 873.25 | 827.96 | -1,431 | 700.89 |
Free Cash Flow Growth | 6.50% | -25.03% | 5.47% | - | - | 41.62% |
Free Cash Flow Margin | 12.38% | 13.36% | 20.24% | 27.62% | -46.09% | 16.39% |
Free Cash Flow Per Share | 4.16 | 4.01 | 5.23 | 4.91 | -8.44 | 4.24 |
Levered Free Cash Flow | 617.27 | 488.72 | 673.92 | 609.57 | -1,536 | 742.5 |
Unlevered Free Cash Flow | 617.46 | 488.92 | 674.11 | 609.8 | -1,534 | 746.16 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Feb '26 Feb 28, 2026 | May '25 May 31, 2025 | May '24 May 31, 2024 | May '23 May 31, 2023 | May '22 May 31, 2022 | May '21 May 31, 2021 |
Cash Interest Paid | 0.31 | 0.31 | 0.36 | 0.8 | 5.05 | 4.22 |
Cash Income Tax Paid | 147.55 | 147.55 | 109.15 | 55.2 | 53.05 | 144.38 |
Change in Working Capital | 250.71 | 250.71 | 518.87 | 537.88 | -1,154 | 528.92 |