New Oriental Education & Technology Group Inc. (EDU)

EDU Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov 30, 2025	May 31, 2025	May 31, 2024	May 31, 2023	May 31, 2022	May 31, 2021
Cash & Equivalents	1,843	1,612	1,389	1,663	1,149	1,612
Short-Term Investments	3,095	2,837	3,309	2,261	2,972	4,649
Trading Asset Securities	-	128.67	76.67	73.01	70.6	-
Cash & Short-Term Investments	4,938	4,578	4,775	3,997	4,191	6,261
Cash Growth	4.78%	-4.13%	19.48%	-4.64%	-33.06%	77.96%
Accounts Receivable	37.73	33.63	29.69	33.07	16.43	8.67
Other Receivables	5.14	156.27	164.16	103.7	109.04	109.83
Receivables	42.87	189.9	193.85	136.77	125.47	118.5
Inventory	92.09	80.88	92.81	52.69	27.93	31.18
Prepaid Expenses	351.07	34.68	28.92	18.34	19.94	27.22
Restricted Cash	163.98	180.72	177.41	110.89	-	-
Other Current Assets	-	123.52	120.79	98.59	109.67	136.3
Total Current Assets	5,588	5,188	5,389	4,414	4,474	6,574
Property, Plant & Equipment	1,579	1,561	1,162	799.3	933.79	2,723
Long-Term Investments	761.09	744.15	525.02	862.32	437.92	537.75
Goodwill	44.58	43.83	103.96	105.51	70.8	73.25
Other Intangible Assets	65.66	67.92	23.12	28.5	6.43	18.83
Long-Term Deferred Tax Assets	80.49	97.93	72.73	55.93	20.04	103.59
Other Long-Term Assets	172.09	102.78	256.09	127.01	91.73	120.92
Total Assets	8,291	7,805	7,532	6,392	6,035	10,151
Accounts Payable	94.52	80.48	105.68	69.76	22.29	38.44
Accrued Expenses	743.41	517.87	491.08	350.34	326.1	580.4
Current Portion of Leases	262.06	256	199.93	155.75	168.62	514.03
Current Income Taxes Payable	197.3	167.88	139.82	118.05	75.65	84.32
Current Unearned Revenue	2,162	1,954	1,780	1,338	933.06	1,926
Other Current Liabilities	95.58	313.12	284.27	219.44	184.4	327.86
Total Current Liabilities	3,554	3,290	3,001	2,251	1,710	3,471
Long-Term Debt	-	14.4	14.4	14.65	65.39	297.63
Long-Term Leases	517.8	533.38	447.99	288.19	446.39	1,351
Long-Term Deferred Tax Liabilities	14	14.17	19.41	23.85	19.24	13.17
Total Liabilities	4,086	3,852	3,483	2,578	2,241	5,133
Common Stock	3,886	1.7	1.7	1.7	1.7	1.69
Additional Paid-In Capital	-	1,467	1,870	1,940	2,062	1,949
Retained Earnings	-	2,274	2,000	1,691	1,513	2,701
Treasury Stock	-	-0.12	-0.06	-0.06	-	-
Comprehensive Income & Other	-	-80.62	-95.78	-27.4	129.01	261.8
Total Common Equity	3,886	3,662	3,776	3,604	3,706	4,913
Minority Interest	318.69	291.86	273.08	210.44	88.02	104.9
Shareholders' Equity	4,205	3,954	4,049	3,815	3,794	5,018
Total Liabilities & Equity	8,291	7,805	7,532	6,392	6,035	10,151
Total Debt	779.85	803.78	662.33	458.6	680.41	2,162
Net Cash (Debt)	4,158	3,774	4,113	3,538	3,511	4,099
Net Cash Growth	4.22%	-8.23%	16.25%	0.78%	-14.35%	111.48%
Net Cash Per Share	25.87	23.14	24.63	20.99	20.69	24.81
Filing Date Shares Outstanding	158.92	159.15	163.53	165.51	169.94	169.7
Total Common Shares Outstanding	158.92	158.03	164.75	164.32	169.7	169.01
Working Capital	2,034	1,898	2,388	2,163	2,764	3,103
Book Value Per Share	24.45	23.17	22.92	21.94	21.84	29.07
Tangible Book Value	3,776	3,550	3,649	3,470	3,628	4,821
Tangible Book Value Per Share	23.76	22.47	22.15	21.12	21.38	28.53
Buildings	-	394.29	270.97	156.02	166.24	205.29
Machinery	-	415.25	316.2	254.42	261.94	433.27
Construction In Progress	-	26.85	24.29	48.22	37.61	63.06
Leasehold Improvements	-	490.48	347.42	293.24	341.02	839.15

Updated Jan 28, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q