New Oriental Education & Technology Group Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $709.2m $641.0m $983.3m $1.4b $915.1m $1.6b $1.1b $1.7b $1.4b $1.6b
Prepaid Expense and Other Assets, Current $99.7m $119.4m $182.1m $199.7m $199.4m $269.2m $215.4m $211.2m $309.5m $307.9m
Inventory, Net $27.3m $31.7m $40.2m $29.0m $31.3m $31.2m $27.9m $52.7m $92.8m $80.9m
Assets, Current $1.9b $2.3b $2.9b $3.5b $3.8b $6.6b $4.5b $4.4b $5.4b $5.2b
Property, Plant and Equipment, Net $237.7m $282.8m $449.6m $532.0m $672.5m $865.0m $402.7m $359.8m $508.0m $767.3m
Goodwill $10.5m $14.1m $31.7m $79.6m $80.4m $73.3m $70.8m $105.5m $104.0m $43.8m
Intangible Assets, Net (Excluding Goodwill) $2.6m $4.0m $8.5m $13.9m $10.2m $4.8m $2.8m $25.2m $18.7m $13.0m
Operating Lease, Right-of-Use Asset $1.4b $1.9b $531.1m $439.5m $653.9m $793.8m
Other Assets, Noncurrent $6.8m $17.8m $19.6m $26.8m $22.3m $22.1m $9.1m $67.2m $188.3m $17.5m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $3.7m $3.3m $3.2m $3.3m $4.2m $8.7m $16.4m $33.1m $29.7m $33.6m
Accrued Liabilities, Current $217.0m $260.7m $373.5m $576.5m $634.6m $908.2m $510.3m $569.4m $774.8m $830.6m
Assets $2.4b $2.9b $4.0b $4.6b $6.6b $10.2b $6.0b $6.4b $7.5b $7.8b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $0 $0 $384.2m $514.0m $168.6m $155.8m $199.9m $256.0m
Accounts Payable, Current $21.4m $24.3m $39.9m $34.1m $33.1m $38.4m $22.3m $69.8m $105.7m $80.5m
Operating Lease, Liability, Noncurrent $0 $0 $1.1b $1.4b $446.4m $288.2m $448.0m $533.4m
Deferred Revenue, Current $646.9m $866.6m $1.3b $1.3b $1.3b $1.9b $933.1m $1.3b $1.8b $2.0b
Long-term Debt, Excluding Current Maturities $96.5m $117.9m $0
Liabilities, Current $918.2m $1.2b $1.8b $2.0b $2.5b $3.5b $1.7b $2.3b $3.0b $3.3b
Deferred Tax Liabilities, Net $2.0m $2.2m $12.1m $18.8m $11.9m $13.2m $19.2m $23.8m $19.4m $14.2m
Liabilities $920.2m $1.2b $1.8b $2.1b $3.7b $5.1b $2.2b $2.6b $3.5b $3.9b
Redeemable Noncontrolling Interest, Equity, Carrying Amount $206.6m $0
Stockholders’ equity:
Common Stock, Value, Issued $1.6m $1.6m $1.6m $1.6m $1.6m $1.7m $1.7m $1.7m $1.7m $1.7m
Retained Earnings (Accumulated Deficit) $931.9m $1.2b $1.4b $1.6b $2.0b $2.3b $1.1b $1.2b $1.5b $1.8b
Accumulated Other Comprehensive Income (Loss), Net of Tax $62.9m $39.2m $244.9m ($23.0m) ($90.9m) $261.8m $129.0m ($27.4m) ($95.8m) ($80.6m)
Additional Paid in Capital, Common Stock $223.4m $249.1m $129.1m $429.0m $456.1m $1.9b $2.1b $1.9b $1.9b $1.5b
Stockholders' Equity Attributable to Parent $1.4b $1.7b $2.0b $2.4b $2.7b $4.9b $3.7b $3.6b $3.8b $3.7b
Stockholders' Equity Attributable to Noncontrolling Interest $30.1m $39.1m $16.5m $164.4m $136.5m $104.9m $88.0m $210.4m $273.1m $291.9m
Liabilities and Equity $2.4b $2.9b $4.0b $4.6b $6.6b $10.2b $6.0b $6.4b $7.5b $7.8b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.