New Oriental Education Stock Total Asset

EDU Stock  USD 86.82  0.83  0.97%   
New Oriental Education fundamentals help investors to digest information that contributes to New Oriental's financial success or failures. It also enables traders to predict the movement of New Stock. The fundamental analysis module provides a way to measure New Oriental's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to New Oriental stock.
Total Assets is likely to gain to about 7.7 B in 2024.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

New Total Asset Analysis

New Oriental's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.

Total Asset

 = 

Tangible Assets

+

Intangible Assets

More About Total Asset | All Equity Analysis

Current New Oriental Total Asset

    
  6.39 B  
Most of New Oriental's fundamental indicators, such as Total Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, New Oriental Education is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

New Total Asset Driver Correlations

Understanding the fundamental principles of building solid financial models for New Oriental is extremely important. It helps to project a fair market value of New Stock properly, considering its historical fundamentals such as Total Asset. Since New Oriental's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of New Oriental's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of New Oriental's interrelated accounts and indicators.
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Click cells to compare fundamentals

New Total Asset Historical Pattern

Today, most investors in New Oriental Stock are looking for potential investment opportunities by analyzing not only static indicators but also various New Oriental's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's total asset growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of New Oriental total asset as a starting point in their analysis.
   New Oriental Total Asset   
       Timeline  
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
Competition

New Total Assets

Total Assets

7.72 Billion

At this time, New Oriental's Total Assets are comparatively stable compared to the past year.
Based on the latest financial disclosure, New Oriental Education has a Total Asset of 6.39 B. This is 74.11% lower than that of the Diversified Consumer Services sector and significantly higher than that of the Consumer Discretionary industry. The total asset for all United States stocks is 78.31% higher than that of the company.

New Total Asset Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses New Oriental's direct or indirect competition against its Total Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of New Oriental could also be used in its relative valuation, which is a method of valuing New Oriental by comparing valuation metrics of similar companies.
New Oriental is currently under evaluation in total asset category among related companies.

New Oriental ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, New Oriental's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to New Oriental's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

New Oriental Institutional Holders

Institutional Holdings refers to the ownership stake in New Oriental that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of New Oriental's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing New Oriental's value.
Shares
Cederberg Capital Limited2023-12-31
1.4 M
Keywise Capital Management (hk) Ltd2023-12-31
1.4 M
Yiheng Capital Llc2023-12-31
1.3 M
Alkeon Capital Management, Llc2023-12-31
1.2 M
Sylebra Hk Co Ltd2023-09-30
1.1 M
Fidelity International Ltd2023-12-31
969.2 K
Ninety One Uk Limited2023-12-31
885.7 K
Marshall Wace Asset Management Ltd2023-12-31
863.8 K
Ubs Group Ag2023-12-31
862.9 K
Fmr Inc2023-12-31
5.9 M
Goldman Sachs Group Inc2023-12-31
4.7 M

New Fundamentals

About New Oriental Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze New Oriental Education's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of New Oriental using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of New Oriental Education based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Total Assets7.4 B7.7 B

New Oriental Investors Sentiment

The influence of New Oriental's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in New. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to New Oriental's public news can be used to forecast risks associated with an investment in New. The trend in average sentiment can be used to explain how an investor holding New can time the market purely based on public headlines and social activities around New Oriental Education. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
New Oriental's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for New Oriental's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average New Oriental's news discussions. The higher the estimated score, the more favorable is the investor's outlook on New Oriental.

New Oriental Implied Volatility

    
  48.35  
New Oriental's implied volatility exposes the market's sentiment of New Oriental Education stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if New Oriental's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that New Oriental stock will not fluctuate a lot when New Oriental's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards New Oriental in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, New Oriental's short interest history, or implied volatility extrapolated from New Oriental options trading.

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.

Moving against New Stock

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The ability to find closely correlated positions to New Oriental could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace New Oriental when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back New Oriental - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling New Oriental Education to buy it.
The correlation of New Oriental is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as New Oriental moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if New Oriental Education moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for New Oriental can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether New Oriental Education is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if New Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about New Oriental Education Stock. Highlighted below are key reports to facilitate an investment decision about New Oriental Education Stock:
Check out New Oriental Piotroski F Score and New Oriental Altman Z Score analysis.
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 the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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When running New Oriental's 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 the 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 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.
Quarterly Earnings Growth
1.577
Earnings Share
1.8
Revenue Per Share
21.628
Quarterly Revenue Growth
0.363
Return On Assets
0.0324
The market value of New Oriental Education is measured differently than its book value, which is the value of New 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 if New Oriental is a good investment 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.