New Oriental Education & Technology Income Statement
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
2023
2022
2021
2020
2019
2018
2017
2016
2015
2014
2013
2012
2011
2010
2009
2008
2007
2006
2005
2004
2003
2,998M
-3.46%
1,409M
1,588M
1,398M
954M
0M
190M
1M
309M
66M
177M
-115.17%
2,808M
114M
191M
123M
190M
3,105M
-27.39%
1,754M
1,351M
2,333M
1,867M
0M
-983M
4M
-1,032M
136M
-1,169M
-605.13%
4,088M
119M
-968M
194M
-983M
4,277M
19.50%
2,037M
2,240M
2,091M
1,490M
0M
394M
7M
315M
84M
231M
-44.02%
4,127M
135M
624M
230M
394M
3,579M
15.57%
1,589M
1,990M
1,591M
1,146M
0M
266M
5M
488M
134M
413M
73.62%
3,180M
111M
417M
151M
266M
3,096M
26.52%
1,376M
1,720M
1,418M
1,034M
0M
306M
2M
316M
86M
238M
-19.61%
2,795M
96M
403M
114M
306M
2,447M
36.01%
1,066M
1,382M
1,119M
794M
0M
263M
0M
357M
59M
296M
7.90%
2,184M
85M
342M
79M
263M
1,800M
21.72%
750M
1,050M
788M
555M
0M
262M
0M
331M
51M
274M
22.04%
1,537M
61M
318M
55M
262M
1,478M
18.57%
614M
864M
669M
471M
0M
199M
0M
267M
38M
225M
17.80%
1,283M
67M
191M
0M
143M
1,247M
9.47%
527M
720M
569M
380M
0M
151M
0M
218M
26M
191M
-11.50%
1,095M
0M
199M
0M
151M
1,139M
18.65%
452M
687M
493M
324M
0M
198M
0M
243M
0M
216M
58.29%
945M
0M
190M
0M
147M
960M
24.38%
384M
576M
453M
311M
0M
123M
0M
152M
0M
136M
2.70%
837M
0M
162M
0M
123M
772M
38.33%
304M
468M
351M
236M
0M
117M
0M
143M
0M
133M
30.38%
655M
0M
90M
0M
64M
558M
44.41%
223M
335M
238M
155M
0M
96M
0M
110M
0M
102M
30.83%
461M
0M
84M
0M
67M
386M
32.04%
147M
239M
162M
103M
0M
77M
0M
84M
0M
78M
27.49%
309M
0M
90M
0M
78M
293M
45.55%
112M
181M
120M
81M
0M
61M
0M
68M
0M
61M
24.49%
232M
0M
54M
0M
43M
201M
47.31%
77M
124M
78M
78M
0M
45M
1M
53M
0M
49M
65.41%
156M
0M
54M
0M
46M
136M
38.77%
55M
81M
54M
54M
0M
27M
0M
31M
0M
30M
370.11%
109M
0M
34M
0M
27M
98M
26.51%
41M
57M
49M
39M
0M
8M
1M
7M
0M
6M
-63.25%
90M
0M
14M
0M
8M
78M
45.60%
33M
45M
31M
25M
0M
13M
1M
13M
0M
17M
171.01%
64M
0M
14M
0M
13M
53M
27.24%
23M
30M
25M
20M
0M
6M
0M
6M
0M
6M
170.58%
48M
0M
6M
0M
6M
42M
-
18M
24M
21M
0M
0M
3M
0M
3M
0M
2M
170.58%
39M
0M
3M
0M
3M
Concept
Total Revenue
YoY
Cost of Goods Sold (COGS)
Gross Profit
Operating expenses
Selling, General & Administrative
Research & Development
Operating Income
Interest Expense
Income Before Tax
Tax Provision
Net Income
YoY
Total Expenses
Net Interest Income
EBITDA
Reconciled Depreciation
EBIT
4Q2023
3Q2023
2Q2023
1Q2023
4Q2022
3Q2022
2Q2022
1Q2022
4Q2021
3Q2021
2Q2021
1Q2021
4Q2020
3Q2020
2Q2020
1Q2020
4Q2019
3Q2019
2Q2019
1Q2019
4Q2018
3Q2018
2Q2018
1Q2018
4Q2017
3Q2017
2Q2017
1Q2017
4Q2016
3Q2016
2Q2016
1Q2016
4Q2015
3Q2015
2Q2015
1Q2015
4Q2014
3Q2014
2Q2014
1Q2014
4Q2013
3Q2013
2Q2013
1Q2013
4Q2012
3Q2012
2Q2012
1Q2012
4Q2011
3Q2011
2Q2011
1Q2011
4Q2010
3Q2010
2Q2010
1Q2010
4Q2009
3Q2009
2Q2009
1Q2009
4Q2008
3Q2008
2Q2008
1Q2008
4Q2007
3Q2007
2Q2007
1Q2007
4Q2006
3Q2006
2Q2006
1Q2006
4Q2005
3Q2005
2Q2005
1Q2005
4Q2004
3Q2004
870M
36.26%
423M
447M
426M
271M
0M
21M
0M
58M
9M
30M
49.13%
848M
0M
22M
0M
21M
861M
64.22%
392M
469M
421M
273M
0M
48M
0M
72M
63M
29M
-115.97%
813M
0M
56M
0M
48M
861M
64.22%
392M
469M
421M
273M
0M
48M
0M
72M
19M
29M
-115.97%
813M
0M
56M
0M
48M
754M
22.81%
370M
385M
318M
215M
0M
66M
34M
103M
19M
82M
-167.32%
688M
0M
60M
0M
66M
638M
-3.05%
336M
302M
305M
209M
0M
-2M
7M
24M
4M
20M
-102.15%
641M
0M
-3M
0M
-2M
524M
-56.76%
248M
276M
382M
286M
0M
-106M
78M
-176M
23M
-181M
298.86%
630M
0M
-104M
0M
-106M
524M
-56.76%
248M
276M
382M
286M
0M
-106M
78M
-176M
6M
-181M
298.86%
630M
0M
-104M
0M
-106M
614M
-48.42%
373M
241M
383M
289M
0M
-141M
36M
-104M
17M
-121M
-180.15%
755M
0M
-142M
0M
-141M
658M
-25.84%
492M
167M
935M
822M
0M
-768M
74M
-820M
114M
-937M
-1,837.43%
1,426M
0M
-762M
0M
-689M
1,212M
51.79%
579M
633M
704M
509M
0M
-102M
2M
-96M
19M
-45M
-444.67%
1,283M
0M
170M
0M
216M
1,212M
51.79%
579M
633M
704M
509M
0M
-102M
2M
-96M
-29M
-45M
-444.67%
1,283M
0M
170M
0M
216M
1,190M
28.95%
539M
651M
550M
393M
0M
101M
0M
167M
47M
151M
9.88%
1,089M
0M
104M
0M
101M
888M
13.05%
454M
434M
466M
333M
0M
-32M
0M
30M
7M
54M
0.87%
920M
0M
-29M
0M
-32M
798M
-5.27%
391M
407M
397M
279M
0M
10M
5M
22M
59M
13M
-69.50%
788M
0M
28M
46M
62M
798M
-5.27%
391M
407M
397M
279M
0M
10M
5M
22M
36M
13M
-69.50%
788M
0M
28M
0M
62M
923M
15.88%
399M
525M
407M
289M
0M
117M
0M
152M
33M
138M
41.38%
806M
0M
113M
0M
117M
785M
31.51%
359M
426M
401M
293M
0M
25M
0M
59M
14M
53M
-306.91%
760M
0M
19M
0M
25M
843M
20.24%
371M
472M
395M
289M
0M
77M
0M
69M
51M
43M
-33.55%
766M
0M
106M
34M
77M
843M
20.24%
371M
472M
395M
289M
0M
77M
2M
69M
31M
43M
-33.55%
766M
0M
106M
0M
77M
797M
28.90%
338M
459M
363M
276M
0M
96M
2M
126M
29M
97M
42.46%
701M
0M
89M
0M
96M
597M
27.80%
300M
297M
327M
236M
0M
-29M
2M
-28M
0M
-26M
-703.55%
627M
0M
3M
0M
-29M
701M
44.13%
299M
402M
345M
244M
0M
57M
2M
80M
0M
65M
17.44%
644M
0M
57M
0M
161M
701M
44.13%
299M
402M
345M
244M
0M
57M
0M
80M
0M
65M
17.44%
644M
0M
57M
0M
80M
618M
41.16%
269M
349M
291M
214M
0M
58M
0M
80M
0M
68M
1.12%
560M
0M
58M
0M
80M
467M
36.91%
227M
240M
253M
181M
0M
-13M
0M
11M
0M
4M
-58.70%
480M
0M
-13M
0M
11M
486M
23.17%
199M
287M
235M
169M
0M
52M
0M
71M
0M
55M
31.89%
435M
0M
52M
0M
186M
486M
23.17%
199M
287M
235M
169M
0M
52M
0M
71M
0M
55M
31.89%
435M
0M
52M
0M
71M
438M
26.21%
184M
254M
197M
141M
0M
58M
0M
77M
0M
68M
39.59%
380M
0M
58M
0M
77M
341M
22.71%
163M
178M
178M
125M
0M
0M
0M
16M
0M
10M
76.10%
341M
0M
0M
0M
16M
395M
20.09%
163M
231M
198M
139M
0M
37M
0M
54M
0M
42M
19.41%
362M
0M
30M
0M
37M
395M
20.09%
163M
231M
198M
139M
0M
37M
0M
54M
0M
42M
19.41%
362M
0M
30M
0M
37M
347M
20.57%
145M
202M
160M
115M
0M
42M
0M
58M
0M
48M
18.25%
305M
0M
42M
0M
58M
278M
17.71%
134M
144M
154M
110M
0M
-10M
0M
7M
0M
6M
146.15%
288M
0M
-10M
0M
7M
329M
14.37%
138M
191M
169M
115M
0M
22M
0M
40M
0M
35M
-17.95%
306M
0M
22M
0M
148M
329M
14.37%
138M
191M
169M
115M
0M
22M
0M
40M
0M
35M
-17.95%
306M
0M
22M
0M
42M
288M
13.10%
126M
162M
130M
89M
0M
31M
0M
48M
0M
41M
-2.64%
256M
0M
31M
0M
48M
236M
13.40%
115M
122M
135M
90M
0M
-13M
0M
4M
0M
2M
-43.98%
249M
0M
-13M
0M
4M
287M
19.96%
114M
174M
147M
95M
0M
31M
0M
45M
0M
43M
52.19%
260M
0M
24M
0M
31M
287M
19.96%
114M
174M
147M
95M
0M
31M
0M
45M
0M
43M
52.19%
260M
0M
24M
0M
31M
254M
16.45%
108M
147M
116M
78M
0M
31M
0M
42M
0M
42M
50.24%
224M
0M
31M
0M
42M
208M
25.57%
97M
111M
110M
73M
0M
1M
0M
10M
0M
4M
-127.05%
208M
0M
1M
0M
10M
240M
23.98%
94M
146M
121M
85M
0M
24M
0M
31M
0M
28M
73.40%
215M
0M
24M
0M
146M
240M
23.98%
94M
146M
121M
85M
0M
24M
0M
31M
0M
28M
73.40%
215M
0M
24M
0M
32M
218M
25.22%
91M
127M
104M
72M
0M
23M
0M
32M
0M
28M
24.96%
195M
0M
23M
0M
32M
166M
25.70%
81M
85M
112M
78M
0M
-27M
0M
-20M
0M
-16M
-575.83%
193M
0M
-27M
0M
-20M
193M
40.69%
78M
115M
106M
72M
0M
9M
0M
17M
0M
16M
13.61%
184M
0M
1M
0M
9M
193M
40.69%
78M
115M
106M
72M
0M
9M
0M
17M
0M
16M
13.61%
184M
0M
1M
0M
9M
174M
31.66%
72M
103M
86M
58M
0M
17M
0M
24M
0M
22M
-3.69%
158M
0M
10M
0M
17M
132M
37.97%
61M
71M
75M
50M
0M
-4M
0M
2M
0M
3M
80.50%
136M
0M
-10M
0M
-4M
137M
58.68%
57M
81M
69M
46M
0M
10M
0M
15M
0M
14M
147.76%
125M
0M
22M
0M
10M
137M
58.68%
57M
81M
69M
46M
0M
10M
0M
15M
0M
14M
147.76%
125M
0M
22M
0M
10M
133M
48.62%
55M
78M
56M
38M
0M
21M
0M
25M
0M
23M
68.13%
111M
0M
17M
0M
21M
96M
56.32%
45M
51M
53M
35M
0M
-2M
0M
1M
0M
2M
65.85%
98M
0M
-6M
0M
-2M
87M
45.70%
36M
50M
47M
29M
0M
4M
0M
5M
0M
6M
118.67%
83M
0M
9M
0M
4M
87M
45.70%
36M
50M
47M
29M
0M
4M
0M
5M
0M
6M
118.67%
83M
0M
9M
0M
4M
89M
36.24%
35M
54M
40M
26M
0M
14M
0M
15M
0M
14M
32.99%
76M
0M
12M
0M
14M
61M
23.80%
28M
33M
34M
23M
0M
-1M
0M
1M
0M
1M
-63.87%
62M
0M
-3M
0M
-1M
59M
47.94%
26M
34M
31M
21M
0M
2M
0M
3M
0M
3M
49.83%
57M
0M
15M
0M
2M
59M
47.94%
26M
34M
31M
21M
0M
2M
0M
3M
0M
3M
49.83%
57M
0M
15M
0M
2M
65M
36.07%
26M
39M
31M
20M
0M
9M
0M
11M
0M
10M
-10.29%
57M
0M
7M
0M
9M
49M
51.71%
22M
28M
27M
27M
0M
1M
0M
3M
0M
3M
55.69%
49M
0M
-2M
0M
1M
40M
53.33%
18M
22M
23M
23M
0M
0M
0M
1M
0M
2M
-247.69%
40M
0M
7M
0M
0M
40M
53.33%
18M
22M
23M
23M
0M
0M
0M
1M
0M
2M
-247.69%
40M
0M
7M
0M
0M
48M
45.97%
18M
30M
19M
19M
0M
10M
0M
13M
0M
12M
37.46%
38M
0M
8M
0M
10M
33M
51.01%
16M
17M
17M
17M
0M
0M
0M
2M
0M
2M
88.87%
33M
0M
-2M
0M
0M
26M
-51.47%
12M
14M
17M
17M
0M
-3M
0M
-1M
0M
-1M
-105.75%
29M
0M
-1M
0M
-3M
26M
25.36%
12M
14M
17M
17M
0M
-3M
0M
-1M
0M
-1M
-123.87%
29M
0M
-1M
0M
-3M
33M
55.19%
14M
19M
12M
12M
0M
7M
0M
9M
0M
8M
546.32%
26M
0M
6M
0M
7M
22M
36.20%
11M
11M
11M
11M
0M
0M
0M
1M
0M
1M
-110.27%
22M
0M
-1M
0M
0M
54M
33.77%
17M
37M
14M
14M
0M
23M
0M
21M
0M
21M
104.48%
31M
0M
23M
0M
0M
21M
41.57%
16M
63M
0M
15M
0M
8M
1M
6M
0M
5M
231.65%
0M
0M
0M
0M
0M
21M
24.12%
-20M
0M
0M
11M
0M
-11M
0M
1M
0M
1M
-4.32%
0M
0M
0M
0M
0M
16M
16.33%
20M
0M
0M
9M
0M
11M
0M
-11M
0M
-10M
-803.81%
0M
0M
0M
0M
0M
40M
25.17%
0M
0M
0M
15M
0M
0M
0M
11M
0M
10M
-20.96%
0M
0M
0M
0M
0M
15M
-
8M
48M
0M
7M
0M
13M
1M
13M
0M
2M
-20.96%
0M
0M
0M
0M
0M
17M
-
7M
0M
0M
10M
0M
-1M
0M
-1M
0M
1M
-20.96%
0M
0M
0M
0M
0M
14M
-
6M
0M
0M
7M
0M
1M
0M
1M
0M
1M
-20.96%
0M
0M
0M
0M
0M
32M
-
12M
0M
0M
7M
0M
13M
0M
13M
0M
13M
-20.96%
0M
0M
0M
0M
0M