New Oriental Education & Technology Group (BSP:E1DU34) Other Income (Expense) : R$660 Mil (TTM As of Aug. 2024)

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What is New Oriental Education & Technology Group Other Income (Expense)?

New Oriental Education & Technology Group's other income expense for the New Oriental Education & Technology Group's pretax income for the three months ended in Aug. 2024 was R$151 Mil. Its other income expense for the trailing twelve months (TTM) ended in Aug. 2024 was R$660 Mil.

New Oriental Education & Technology Group Other Income (Expense) Historical Data

The historical data trend for New Oriental Education & Technology Group's Other Income (Expense) 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 Other Income (Expense) Chart

New Oriental Education & Technology Group Annual Data

Trend

May15

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May21

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May23

May24

Other Income (Expense)

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-127.77

164.65

-840.86

23.61

-50.73

New Oriental Education & Technology Group Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Other Income (Expense)	Get a 7-Day Free Trial															205.73	180.35	91.21	237.49	150.86

New Oriental Education & Technology Group Other Income (Expense) Calculation

Other income expense includes minority interest. Minority interest is a significant but non-controlling ownership of less than 50% of a company's voting shares by either an investor or another company.

Other Income (Expense) for the trailing twelve months (TTM) ended in Aug. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R$660 Mil.

New Oriental Education & Technology Group (BSP:E1DU34) Other Income (Expense) Explanation

Minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders.

New Oriental Education & Technology Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » New Oriental Education & Technology Group Inc (BSP:E1DU34) » Definitions » Other Income (Expense)

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Traded in Other Exchanges

EDU:USA EDUN:Mexico 09901:Hong Kong N1U0:Germany N1U0:Germany N1UA:Germany N1UA: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. The company also owns 55% of East Buy, a market leader in livestreaming e-commerce.

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