New Oriental Education & Technology Group Inc ADR
EDU: XNYS (USA)
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New Oriental Faces Growth Challenges Amid Broader Economic Headwinds
Business Strategy and Outlook
Four years following the regulatory crackdown on academic tutoring, New Oriental Education & Technology has reshaped its business, achieving record-high revenue in fiscal 2025. Besides the established businesses such as overseas test preparation, overseas study consulting, and high school tutoring, New Oriental has made significant strides in new business areas including nonacademic tutoring, intelligent learning systems and devices, and livestreaming e-commerce. We estimate these new initiatives contributed over 40% of revenue in fiscal 2025.
