New Oriental Education & Technology Group (BSP:E1DU34) Beginning Cash Position : R$10,521 Mil (As of Feb. 2024)

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What is New Oriental Education & Technology Group Beginning Cash Position?

New Oriental Education & Technology Group's Beginning Cash Position for the quarter that ended in Feb. 2024 was R$10,521 Mil.

New Oriental Education & Technology Group's quarterly Beginning Cash Position increased from Aug. 2023 (R$8,849 Mil) to Nov. 2023 (R$9,261 Mil) and increased from Nov. 2023 (R$9,261 Mil) to Feb. 2024 (R$10,521 Mil).

New Oriental Education & Technology Group's annual Beginning Cash Position increased from May. 2021 (R$4,859 Mil) to May. 2022 (R$8,098 Mil) but then declined from May. 2022 (R$8,098 Mil) to May. 2023 (R$5,950 Mil).

New Oriental Education & Technology Group Beginning Cash Position Historical Data

The historical data trend for New Oriental Education & Technology Group's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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New Oriental Education & Technology Group Beginning Cash Position Chart

New Oriental Education & Technology Group Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Beginning Cash Position

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3,938.67

7,997.95

4,859.34

8,097.80

5,950.30

New Oriental Education & Technology Group Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Beginning Cash Position	Get a 7-Day Free Trial															5,817.13	7,128.25	8,848.76	9,260.75	10,520.81

New Oriental Education & Technology Group Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

New Oriental Education & Technology Group Beginning Cash Position Related Terms

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New Oriental Education & Technology Group (BSP:E1DU34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (BSP:E1DU34) » Definitions » Beginning Cash Position

Comparable Companies

Traded in Other Exchanges

EDU:USA EDUN:Mexico 09901:Hong Kong 0K75:UK N1U0:Germany

Address

No. 6 Hai Dian Zhong Street, Haidian District, Beijing, CHN, 100080

Website

https://www.neworiental.org

New Oriental is a leading private education provider in China. K-9 academic after-school tutoring used to account for 50%-60% of New Oriental's revenue before the regulatory crackdown in 2021. After terminating its K-9 academic after-school tutoring business, New Oriental has identified a few new initiatives such as nonacademic tutoring and intelligent learning systems and devices. The remaining businesses include high school academic after-school tutoring and overseas-related test preparation and consulting business. It also owns 55.7% of East Buy (HKG: 01797), a market leader in livestreaming e-commerce.

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