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New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental’s revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.
URL https://www.neworiental.org
Investor Relations URL https://investor.neworiental.org
HQ State/Province N/A
Sector Consumer Defensive
Industry Education & Training Services
Equity Style Large Cap/Growth
Next Earnings Release Jan. 17, 2024 (est.)
Last Earnings Release Oct. 25, 2023
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Sep. 01, 2017

Profile

New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental’s revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.
URL https://www.neworiental.org
Investor Relations URL https://investor.neworiental.org
HQ State/Province N/A
Sector Consumer Defensive
Industry Education & Training Services
Equity Style Large Cap/Growth
Next Earnings Release Jan. 17, 2024 (est.)
Last Earnings Release Oct. 25, 2023
Next Ex-Dividend Date N/A
Last Ex-Dividend Date Sep. 01, 2017