New Oriental Education & Technology Group Inc.
Balance Sheet
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $1.82B | $1.61B | $1.39B | $1.66B | $1.15B | $1.61B | $915.1M | $1.41B |
| Accounts Receivable | $37.0M | $33.6M | $29.7M | $33.1M | $16.4M | $8.7M | $4.2M | $3.3M |
| Inventory | $105.8M | $80.9M | $92.8M | $52.7M | $27.9M | $31.2M | $31.3M | $29.0M |
| Total Current Assets | $5.83B | $5.19B | $5.39B | $4.41B | $4.47B | $6.57B | $3.76B | $3.47B |
| Property, Plant & Equipment | $880.1M | $767.3M | $508.0M | $359.8M | $402.7M | $865.0M | $672.5M | $532.0M |
| Goodwill | $46.6M | $43.8M | $104.0M | $105.5M | $70.8M | $73.3M | $80.4M | $79.6M |
| Intangible Assets (Excl. Goodwill) | $7.8M | $13.0M | $18.7M | $25.2M | $2.8M | $4.8M | $10.2M | $13.9M |
| Total Assets | $8.79B | $7.81B | $7.53B | $6.39B | $6.03B | $10.15B | $6.56B | $4.65B |
| Liabilities | ||||||||
| Accounts Payable | $126.9M | $80.5M | $105.7M | $69.8M | $22.3M | $38.4M | $33.1M | $34.1M |
| Total Current Liabilities | $3.89B | $3.29B | $3.00B | $2.25B | $1.71B | $3.47B | $2.48B | $2.01B |
| Long-Term Debt | — | — | — | — | — | $0 | $117.9M | $96.5M |
| Total Liabilities | $4.47B | $3.85B | $3.48B | $2.58B | $2.24B | $5.13B | $3.69B | $2.12B |
| Stockholders' Equity | ||||||||
| Retained Earnings | $2.03B | $1.77B | $1.51B | $1.23B | $1.07B | $2.25B | $1.99B | $1.65B |
| Total Stockholders' Equity | $3.99B | $3.66B | $3.78B | $3.60B | $3.71B | $4.91B | $2.73B | $2.36B |