New Oriental Earnings before Tax Trend from 2010 to 2021

EDU -  USA Stock  

USD 2.39  0.07  3.02%

New Oriental Earnings before Tax yearly trend continues to be comparatively stable with very little volatility. Earnings before Tax will likely drop to about 383.1 M in 2021. From the period from 2010 to 2021, New Oriental Earnings before Tax quarterly data regression had r-squared of 0.81 and coefficient of variation of  44.00. New Oriental Weighted Average Shares Diluted is comparatively stable at the moment as compared to the past year. New Oriental reported Weighted Average Shares Diluted of 1.65 Billion in 2020.

New Oriental Historical Trends 

 
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Check New Oriental financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Oriental main balance sheet or income statement drivers, such as Consolidated Income of 246.9 M, Cost of Revenue of 2.2 B or Earning Before Interest and Taxes EBIT of 387.3 M, as well as many exotic indicators such as Asset Turnover of 0.53, Book Value per Share of 3.22 or Current Ratio of 1.81. New Oriental financial statements analysis is a perfect complement when working with New Oriental Valuation or Volatility modules. It can also supplement various New Oriental Technical models. Continue to the analysis of New Oriental Correlation against competitors.

New Oriental Quarterly Earnings before Tax

(74.79 Million)Share

New Oriental Earnings before Tax Breakdown

Showing smoothed Earnings before Tax of New Oriental Education with missing and latest data points interpolated. Earnings Before Tax is calculated by adding Income Tax Expense back to Net Income.New Oriental's Earnings before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Oriental's overall financial position and show how it may be relating to other accounts over time.
Earnings before Tax10 Years Trend
Increasing
Slightly volatile
 Earnings before Tax 
Share
      Timeline 

New Oriental Earnings before Tax Regression Statistics

Arithmetic Mean 290,139,035
Geometric Mean 262,942,261
Coefficient Of Variation 44.00
Mean Deviation 102,057,535
Median 323,779,000
Standard Deviation 127,649,423
Range 437,685,000
R-Value 0.90
R-Squared 0.81
Significance 0.00006151
Slope 31,919,359

New Oriental Earnings before Tax History

2011143.5 M
2012151.6 M
2013241.7 M
2014219.2 M
2015262.4 M
2016325.1 M
2017355.5 M
2018323.8 M
2019547.7 M
2020418 M
2021383.1 M

About New Oriental Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include New Oriental income statement, its balance sheet, and the statement of cash flows. New Oriental investors use historical funamental indicators, such as New Oriental's Earnings before Tax, to determine how well the company is positioned to perform in the future. Although New Oriental investors may use each financial statement separately, they are all related. The changes in New Oriental's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on New Oriental's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on New Oriental Financial Statements. Understanding these patterns can help to make the right decision on long term investment in New Oriental. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2021
Earnings Before Interest Taxes and Depreciation Amortization EBITDA654.9 M553.2 M
Earnings before Tax418 M383.1 M
New Oriental Education Technology Group Inc. provides private educational services under the New Oriental brand in the Peoples Republic of China. The company was founded in 1993 and is headquartered in Beijing, the Peoples Republic of China. New Oriental operates under Education Training Services classification in the United States and is traded on New York Stock Exchange. It employs 69438 people.

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Pair Trading with New Oriental

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if New Oriental position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in New Oriental will appreciate offsetting losses from the drop in the long position's value.

New Oriental Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for New Oriental and China Online Education. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
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Continue to the analysis of New Oriental Correlation against competitors. Note that the New Oriental Education information on this page should be used as a complementary analysis to other New Oriental's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

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When running New Oriental Education price analysis, check to measure New Oriental's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy New Oriental is operating at the current time. Most of New Oriental's value examination focuses on studying past and present price action to predict the probability of New Oriental's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move New Oriental's price. Additionally, you may evaluate how the addition of New Oriental to your portfolios can decrease your overall portfolio volatility.
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Is New Oriental's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Oriental. If investors know New Oriental will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Oriental listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of New Oriental Education is measured differently than its book value, which is the value of New Oriental that is recorded on the company's balance sheet. Investors also form their own opinion of New Oriental's value that differs from its market value or its book value, called intrinsic value, which is New Oriental's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Oriental's market value can be influenced by many factors that don't directly affect New Oriental's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between New Oriental's value and its price as these two are different measures arrived at by different means. Investors typically determine New Oriental value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Oriental's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.