New Oriental Historical Income Statement

EDU -  USA Stock  

USD 12.43  0.12  0.96%

Historical analysis of New Oriental income statement accounts such as Earning Before Interest and Taxes EBIT of 420.9 M or Gross Profit of 2.8 B can show how well New Oriental Education performed in making a profits. Evaluating New Oriental income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of New Oriental's future profits or losses. Financial Statement Analysis is much more than just reviewing and examining New Oriental Education latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether New Oriental Education is a good buy for the upcoming year.
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About New Oriental Income Statement Analysis

New Oriental Education Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to New Oriental shareholders. The income statement also shows New Oriental investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

New Oriental Income Statement Chart

New Oriental Education Income Statement is one of the three primary financial statements used for reporting New Oriental's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of New Oriental Education revenue and expense. New Oriental Income Statement primarily focuses on the company's revenues and expenses during a particular period.
New Oriental Weighted Average Shares is comparatively stable at the moment as compared to the past year. New Oriental reported Weighted Average Shares of 1.89 Billion in 2021. Weighted Average Shares Diluted is likely to gain to about 1.9 B in 2022, whereas Net Income is likely to drop slightly above 337.2 M in 2022.

Consolidated Income

The portion of profit or loss for the period; net of income taxes; which is attributable to the consolidated entity; before the deduction of Net Income to Non Controlling Interests.

Earning Before Interest and Taxes EBIT

Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in New Oriental Education financial statement analysis. It represents the amount of money remaining after all of New Oriental Education operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.


Revenues refers to the total amount of money received by New Oriental for goods sold or services provided during a certain time period. It also includes all of New Oriental Education sales as well as any other increase in New Oriental Education equity.Revenues are reported on New Oriental Education income statement and calculated before any expenses are subtracted. Amount of Revenue recognized from goods sold; services rendered; insurance premiums; or other activities that constitute an earning process. Interest income for financial institutions is reported net of interest expense and provision for credit losses.
Most accounts from New Oriental income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into New Oriental Education current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Continue to Investing Opportunities.New Oriental Weighted Average Shares is comparatively stable at the moment as compared to the past year. New Oriental reported Weighted Average Shares of 1.89 Billion in 2021. Weighted Average Shares Diluted is likely to gain to about 1.9 B in 2022, whereas Net Income is likely to drop slightly above 337.2 M in 2022.
 2019 2020 2021 2022 (projected)
Cost of Revenue1.59 B2.04 B2.34 B2.53 B
Consolidated Income354.86 M230.02 M264.52 M265.07 M

New Oriental income statement Correlations

New Oriental Account Relationship Matchups

New Oriental income statement Accounts

201720182019202020212022 (projected)
Consolidated Income297.24 M227.85 M354.86 M230.02 M264.52 M265.07 M
Cost of Revenue1.07 B1.38 B1.59 B2.04 B2.34 B2.53 B
Earning Before Interest and Taxes EBIT355.54 M325.39 M552.32 M424.75 M488.46 M420.85 M
Earning Before Interest and Taxes USD355.54 M325.39 M552.32 M424.75 M488.46 M420.85 M
Gross Profit1.38 B1.72 B1.99 B2.24 B2.58 B2.78 B
Net Income296.13 M238.06 M413.33 M334.41 M384.58 M337.18 M
Net Income Common Stock296.13 M238.06 M413.33 M334.41 M384.58 M337.18 M
Net Income Common Stock USD296.13 M238.06 M413.33 M334.41 M384.58 M337.18 M
Net Income to Non Controlling Interests1.11 M(10.22 M)(58.47 M)(104.39 M)(93.95 M)(96.43 M)
Operating Expenses1.12 B1.42 B1.59 B2.12 B2.44 B2.63 B
Operating Income262.96 M301.91 M399 M117.27 M134.86 M188.04 M
Revenues2.45 B3.1 B3.58 B4.28 B4.92 B5.31 B
Revenues USD2.45 B3.1 B3.58 B4.28 B4.92 B5.31 B
Selling General and Administrative Expense1.12 B1.41 B1.59 B2.09 B2.4 B2.59 B
Weighted Average Shares1.58 B1.58 B1.58 B1.65 B1.89 B1.91 B
Weighted Average Shares Diluted1.58 B1.58 B1.58 B1.65 B1.89 B1.91 B
Income Tax Expense59.41 M85.71 M134.36 M83.59 M96.13 M78.9 M

Be your own money manager

Our tools can tell you how much better you can do entering a position in New Oriental without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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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

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 equities. 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
Continue to Investing Opportunities. 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 Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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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.