Skip to Content
Morningstar
Get 14 Days Free

New Oriental Education & Technology Group Inc EDU

Morningstar Rating
Rating as of

Morningstar’s Analysis

Valuation
Currency in USD
Is it the right time to buy or sell?
Find out with Morningstar Premium
Is it the right time to buy or sell?
Find out with Morningstar Premium

1-Star Price

PREMIUM

5-Star Price

PREMIUM

Economic Moat

PREMIUM

Capital Allocation

PREMIUM

Market Overly Reacts to After-School Tutoring Policy Overhang

Jenny Tsai Senior Equity Analyst

Analyst Note

| Jenny Tsai |

On May 23, the Beijing Haidian Education Committee hosted a meeting to discuss after-school education after the CPC Central Committee, or CPCCC, meeting on Friday, which also approved easing students’ after-school burdens via a “double cutting” proposal. Post the meeting, the U.S. listed Chinese education stocks came under pressure amid market talk over increasing Beijing scrutiny, with GSX Techedu (GOTU US) down 12%, TAL Education (TAL US) down 10%, and New Oriental Education (EDU US) down 6%. 

Read Full Analysis

Company Profile

Business Description

EDU, founded in 1993, is the largest well-established one-stop shopping private educational services provider in China. EDU has had over 52.8 million student enrollments, including about 8.4 million enrollments in fiscal 2019. As of third-quarter fiscal 2020, EDU had a network of 1,416 learning centers, including 99 schools, 12 bookstores and access to a national network of online and offline bookstores through 160 third-party distributors and over 38,400 highly qualified teachers in 86 cities. EDU offers a diversified portfolio of educational programs, services and products to students in different age groups, including K-12 after-school tutoring for major academic subjects, overseas and domestic test preparations, nonacademic languages and services in vocational training, and so on.

Contact
No. 6 Hai Dian Zhong Street, Haidian District
Beijing, 100080, Cayman Islands
T +86 1060908000
Sector Consumer Defensive
Industry Education & Training Services
Most Recent Earnings Feb 28, 2021
Fiscal Year End May 31, 2021
Stock Type —
Employees 81,127

Related

Stock Strategist
2 Stocks to Play the Digital Learning Boom
We may be at the next inflection point for online learning.
Michael Field
Fund Spy
An Eclectic and Edgy International Fund
Newly rated Davis International has low fees and a talented stock-picker at the helm.
Alec Lucas
Stock Strategist Industry Reports
Buyer Beware of Variable Interest Entity Structures
What investors in Chinese ADRs should know.
Dan Su
Fund Spy
Will Education Stocks Test These Funds?
The credit crunch takes a toll on for-profit education.
David Kathman

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.