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Last €24.54 EUR
Change Today +0.092 / 0.38%
Volume 0.0
N1U On Other Exchanges
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As of 1:54 PM 04/27/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

No. 6 Hai Dian Zhong Street

Haidian District

Beijing, 100080

China

Phone:

Fax:

New Oriental Education & Technology Group Inc. provides private educational services in the Peoples’ Republic of China (PRC or China). The company offers a range of educational programs, services, and products, consisting primarily of English and other foreign language training, test preparation courses for admissions and assessment tests in the United States, the PRC, and Commonwealth countries; primary and secondary school education; development and distribution of educational content, software, and other technology; and online education. The company provides educational services primarily under its ‘New Oriental’ brand. In the year ended May 31, 2014, the company had approximately 2.6 million student enrollments, including approximately 1.6 million student enrollments in its K-12 after-school tutoring courses, approximately 0.7 million student enrollments in its test preparation courses, and approximately 0.2 million student enrollments in its language training programs. Network The company delivered its educational programs, services, and products to students through a physical network of 56 schools, 647 learning centers, and 31 bookstores operated by the company; approximately 5,000 third-party bookstores; and approximately 16,600 teachers in 50 cities, as well as through its online network, which had approximately 9.2 million registered users as of May 31, 2014. In addition, the company has a network of students and alumni. All of the company’s schools, learning centers, and bookstores operate under its ‘New Oriental’ brand. The company’s hub schools in major cities consist of classrooms and administrative facilities with full student and administrative services, while its schools in satellite cities and its learning centers consist primarily of classroom facilities and limited course registration and management capabilities. The company has opened bookstores in its established schools to primarily sell educational materials relating to its courses and also sell self-help, know-how, inspirational, and other books. Programs, Services, and Products The company provides various educational programs, services, and products. It delivers education to its students primarily in traditional classroom settings and also through online instruction. With the exception of the full-time primary and secondary school in Yangzhou and a full-time secondary school in Beijing, the company’s classroom-based courses are designed to be completed in 2 to 16 weeks. The company updates and expands its course offerings in response to evolving market needs. The company’s program, service, and product offerings are divided into seven areas, such as test preparation; K-12 after-school tutoring; language training; primary and secondary schools and kindergartens; educational content, software and other technology development and distribution; online education; and other services and products. Test Preparation Courses The company offers test preparation courses to students taking language and entrance exams used by educational institutions in the United States, the PRC, and Commonwealth countries. In the year ended May 31, 2014, the company had approximately 741,000 student enrollments in its test preparation courses, of which approximately 337,000 were in overseas test preparation courses, 404,000 were in PRC test preparation courses. The company offers test preparation courses for various major overseas exams, such as Test of English as a Foreign Language (the U.S.); SAT College Entrance Test (the U.S.); American College Test (the U.S.); International English Language Testing System (Commonwealth countries); Graduate Record Examination (the U.S.); Graduate Management Admission Test (the U.S.); Law School Admission Test (the U.S.); Business English Certificate (the U.S.); and Test of English for International Communication (the U.S.). In addition, it offers test preparation classes for various major PRC admissions tests, such as College English Test Level 4 (PRC), College English Test Level 6 (PRC), National Tests for Entrance into Master’s Degree Programs, Professional Title English Test, and Public English Test Sy

 

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Price/Sales 3.4x
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Price/Cash Flow 21.0x
TEV/Sales 2.6x
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