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 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $224.9m
$274.5m +22.04%
$296.1m +7.90%
$238.1m -19.61%
$413.3m +73.62%
$334.4m -19.09%
($1.2b) -455.16%
$177.3m +114.93%
$309.6m +74.57%
$371.7m +20.07%
Net Income (Loss) Available to Common Stockholders, Basic $224.9m
$274.5m +22.04%
$296.1m +7.90%
$238.1m -19.61%
$413.3m +73.62%
$334.4m -19.09%
($1.2b) -455.16%
$235.4m +119.82%
$325.2m +38.18%
$375.8m +15.56%
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest $225.3m $276.8m $297.2m $227.8m $354.9m $230.0m ($1.2b) $235.4m $325.2m $375.8m
Net Income (Loss) Attributable to Noncontrolling Interest $444k $2.3m $1.1m ($10.2m) ($58.5m) ($104.4m) ($32.6m) $58.0m $15.6m $4.1m
Depreciation, Depletion and Amortization $47.3m $53.9m $77.1m $110.0m $146.3m $225.7m $192.3m $117.0m $100.6m $139.8m $145.9m
Amortization of Debt Issuance Costs and Discounts $548k $465k $221k
Amortization of Intangible Assets $1.1m $1.4m $1.8m $3.7m $4.5m $4.5m $1.9m $5.6m $6.1m $5.7m
Deferred Income Tax Expense (Benefit) ($1.9m) ($518k) ($13.4m) ($17.3m) ($8.6m) ($43.7m) $91.9m ($31.5m) ($21.2m) ($29.3m) ($29.3m)
Share-based Payment Arrangement, Noncash Expense $16.8m $20.3m $57.4m $71.3m $62.1m $68.9m $133.0m $89.8m $122.5m $59.9m $59.9m
Payment, Tax Withholding, Share-based Payment Arrangement $7.2m $12.1m $9.9m $16.2m $8.0m $2.2m $16.7m $29.3m
Equity Method Investment, Other than Temporary Impairment $0 $0 $1.4m $59k
Goodwill and Intangible Asset Impairment $0 $31.8m $60.3m
Goodwill, Impairment Loss $0 $1.7m $0 $5.2m $0 $28.9m $0 $0 $60.3m $65.5m
Impairment of Intangible Assets (Excluding Goodwill) $0 $2.9m $0
Impairment of Intangible Assets, Finite-lived $0 $0 $0 $2.9m $0 $0 $0
Income (Loss) from Equity Method Investments ($4.4m) ($3.3m) ($379k) ($2.3m) $1.4m ($1.4m) ($51.5m) ($7.1m) ($58.9m) ($14.3m)
Nonoperating Income (Expense) $93.9m
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts Receivable $187k $75k ($767k) $509k $1.4m $4.6m $8.1m $3.9m ($3.3m) $17.0m ($17.8m)
Increase (Decrease) in Inventories $5.6m $5.4m $5.9m ($6.0m) $3.3m ($3.8m) ($1.8m) $21.9m $41.2m ($12.4m) $12.4m
Increase (Decrease) in Accounts Payable $4.8m $3.6m $13.7m ($2.7m) $82k $12.8m ($15.1m) $44.0m $37.8m ($23.0m) ($23.0m)
Net Cash Provided by (Used in) Operating Activities $517.9m
$618.1m +19.36%
$781.1m +26.37%
$805.6m +3.14%
$804.5m -0.15%
$1.1b +40.48%
($1.3b) -213.31%
$971.0m +175.83%
$1.1b +15.62%
$896.6m -20.14%
$896.6m 0.00%
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $64.4m $105.7m $214.3m $269.1m $309.5m $429.2m $150.7m $143.0m $249.4m $241.9m ($259.2m)
Gain (Loss) on Disposition of Property Plant Equipment ($2.1m) ($1.7m) ($2.0m) ($10.7m) ($4.9m) ($5.4m) $0 ($2.2m) $423k ($2.4m) $17.3m
Debt Securities, Available-for-sale, Realized Gain (Loss) $185k $422k
Unrealized Gain (Loss) on Investments ($104.6m) ($18.5m) ($3.8m) ($14.9m) ($860k) $19.0m ($10.1m) $10.1m
Payments to Acquire Businesses, Net of Cash Acquired $999k $36.4m ($1.1m) $12.7m ($886k) ($15.2m)
Net Cash Provided by (Used in) Investing Activities ($309.7m) ($672.3m) ($406.7m) ($574.7m) ($1.3b) ($2.2b) $1.2b ($37.4m) ($1.2b) ($93.4m) ($93.4m)
Cash flows from financing activities:
Repayments of Long-term Debt $120.0m $0
Gain (Loss) on Extinguishment of Debt $12.6m $2.3m
Proceeds from Issuance of Long-term Debt $96.5m $20.0m $297.1m
Payments for Repurchase of Common Stock $191.6m $62.9m $445.5m
Dividends paid $62.7m $71.2m $98.2m ($98.2m)
Proceeds from (Payments for) Other Financing Activities ($1.1m)
Net Cash Provided by (Used in) Financing Activities $5.5m
$9.3m +69.89%
($74.9m) -900.95%
$266.6m +456.10%
($17.9m) -106.70%
$1.7b +9360.35%
($230.9m) -113.96%
($246.9m) -6.93%
($160.4m) +35.01%
($585.0m) -264.61%
($585.0m) 0.00%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect ($68.5m) $342.1m $431.5m ($498.8m) $712.7m ($437.6m) $610.9m ($216.3m) $228.0m $2.1b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents ($68.5m) $983.3m $1.4b $919.4m $1.6b $1.2b $1.8b $1.6b $1.8b $2.1b
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $833k $4.7m $4.2m $5.0m $798k $355k $311k
Income Taxes Paid, Net $32.0m $36.7m $57.0m $75.3m $135.7m $144.4m $53.0m $55.2m $109.2m $147.6m
Additional Financial Items
General and Administrative Expense $471.0m $554.9m $794.5m $1.0b $1.1b $1.5b $1.9b $953.6m $1.3b $1.4b
Goodwill $10.5m $14.1m $31.7m $79.6m $80.4m $73.3m $70.8m $105.5m $104.0m $43.8m $65.5m
Income Tax Expense (Benefit) $37.5m $50.6m $59.4m $85.7m $134.4m $83.6m $136.3m $66.1m $109.7m $146.3m
Investment Income, Interest $66.9m $61.4m $84.8m $97.5m $116.1m $141.5m $123.5m $114.5m $153.6m $119.6m
Proceeds from Noncontrolling Interests $69.7m $8.8m $93.2m $20.5m $64k
Proceeds from Stock Options Exercised $2.2m $542k $1k $3.6m $1.9m $175k $12.9m $3.9m $12.9m
Realized Investment Gains (Losses) $7.1m $7.4m $26.4m $407k $3.5m $22.0m $767k $185k $422k

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