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New Oriental Education & Technology Group (LTS:0K75) Price-to-Funds-From-Operations : (As of May. 22, 2024)


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What is New Oriental Education & Technology Group Price-to-Funds-From-Operations?

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New Oriental Education & Technology Group (LTS:0K75) Business Description

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