New Historical Income Statement

EDU Stock

USD 59.52 0.94 1.60%

Historical analysis of New Oriental income statement accounts such as Selling And Marketing Expenses of 693.6 M or Total Revenue of 4.5 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.

Cash Flow Balance Sheet Income Statement

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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.

Net Income Gross Profit

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in New Oriental Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

About New 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 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

At this time, New Oriental's Cost Of Revenue is comparatively stable compared to the past year. Total Operating Expenses is likely to gain to about 2 B in 2024, whereas Tax Provision is likely to drop slightly above 86.8 M in 2024.

Depreciation And Amortization Selling And Marketing Expenses Total Revenue Gross Profit Other Operating Expenses

Depreciation And Amortization

The systematic reduction in the recorded value of an intangible asset. This includes the allocation of the cost of tangible assets to periods in which the assets are used, representing the expense related to the wear and tear, deterioration, or obsolescence of physical assets and intangible assets over their useful lives.

Total Revenue

Total revenue comprises all receipts New Oriental Education generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of New Oriental Education minus its cost of goods sold. It is profit before New Oriental operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of New Oriental Education. It is also known as New Oriental overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Most accounts from New Oriental's 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. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in New Oriental Education. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

	2021	2022	2023	2024 (projected)
Gross Profit	1.4B	1.6B	2.3B	2.4B
Total Revenue	3.1B	3.0B	4.3B	4.5B

Gross Profit Total Revenue

New Oriental income statement Correlations

	Depreciation And Amortization	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Selling General Administrative	Minority Interest	Net Income From Continuing Ops	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Depreciation And Amortization		0.66	0.6	0.53	0.7	-0.29	-0.36	-0.16	0.67	0.73	-0.33	0.22	-0.42	0.48	0.73	-0.08	-0.46	0.45	0.16	0.67	0.77
Selling And Marketing Expenses	0.66		0.99	0.97	0.97	0.12	0.13	0.28	0.99	0.94	0.16	0.6	0.01	0.87	0.89	0.1	-0.08	0.79	0.3	0.92	0.78
Total Revenue	0.6	0.99		0.99	0.97	0.16	0.18	0.32	0.99	0.94	0.2	0.63	0.06	0.89	0.9	0.22	-0.05	0.82	0.3	0.9	0.8
Gross Profit	0.53	0.97	0.99		0.94	0.27	0.3	0.43	0.97	0.9	0.32	0.7	0.18	0.86	0.84	0.26	0.07	0.78	0.33	0.87	0.75
Other Operating Expenses	0.7	0.97	0.97	0.94		-0.06	-0.04	0.11	0.99	0.99	-0.03	0.49	-0.17	0.93	0.97	0.19	-0.27	0.88	0.2	0.92	0.87
Operating Income	-0.29	0.12	0.16	0.27	-0.06		0.99	0.98	0.04	-0.17	0.98	0.65	0.98	-0.18	-0.27	0.15	0.96	-0.27	0.49	-0.01	-0.22
Ebit	-0.36	0.13	0.18	0.3	-0.04	0.99		0.98	0.06	-0.14	0.99	0.66	0.98	-0.11	-0.25	0.21	0.96	-0.19	0.45	0.0	-0.21
Ebitda	-0.16	0.28	0.32	0.43	0.11	0.98	0.98		0.21	0.01	0.97	0.74	0.95	-0.01	-0.1	0.21	0.92	-0.1	0.51	0.15	-0.05
Cost Of Revenue	0.67	0.99	0.99	0.97	0.99	0.04	0.06	0.21		0.98	0.08	0.56	-0.07	0.91	0.94	0.18	-0.16	0.85	0.25	0.93	0.84
Total Operating Expenses	0.73	0.94	0.94	0.9	0.99	-0.17	-0.14	0.01	0.98		-0.13	0.42	-0.27	0.93	0.99	0.2	-0.37	0.89	0.14	0.9	0.89
Income Before Tax	-0.33	0.16	0.2	0.32	-0.03	0.98	0.99	0.97	0.08	-0.13		0.7	0.99	-0.1	-0.24	0.13	0.96	-0.19	0.47	0.03	-0.23
Total Other Income Expense Net	0.22	0.6	0.63	0.7	0.49	0.65	0.66	0.74	0.56	0.42	0.7		0.63	0.42	0.33	0.17	0.55	0.36	0.61	0.52	0.41
Net Income	-0.42	0.01	0.06	0.18	-0.17	0.98	0.98	0.95	-0.07	-0.27	0.99	0.63		-0.23	-0.37	0.15	0.99	-0.31	0.45	-0.11	-0.33
Income Tax Expense	0.48	0.87	0.89	0.86	0.93	-0.18	-0.11	-0.01	0.91	0.93	-0.1	0.42	-0.23		0.93	0.27	-0.34	0.97	0.11	0.82	0.79
Selling General Administrative	0.73	0.89	0.9	0.84	0.97	-0.27	-0.25	-0.1	0.94	0.99	-0.24	0.33	-0.37	0.93		0.23	-0.47	0.91	0.08	0.86	0.91
Minority Interest	-0.08	0.1	0.22	0.26	0.19	0.15	0.21	0.21	0.18	0.2	0.13	0.17	0.15	0.27	0.23		0.07	0.29	0.15	0.05	0.23
Net Income From Continuing Ops	-0.46	-0.08	-0.05	0.07	-0.27	0.96	0.96	0.92	-0.16	-0.37	0.96	0.55	0.99	-0.34	-0.47	0.07		-0.4	0.43	-0.17	-0.4
Tax Provision	0.45	0.79	0.82	0.78	0.88	-0.27	-0.19	-0.1	0.85	0.89	-0.19	0.36	-0.31	0.97	0.91	0.29	-0.4		0.1	0.82	0.79
Interest Income	0.16	0.3	0.3	0.33	0.2	0.49	0.45	0.51	0.25	0.14	0.47	0.61	0.45	0.11	0.08	0.15	0.43	0.1		0.34	0.11
Net Interest Income	0.67	0.92	0.9	0.87	0.92	-0.01	0.0	0.15	0.93	0.9	0.03	0.52	-0.11	0.82	0.86	0.05	-0.17	0.82	0.34		0.81
Reconciled Depreciation	0.77	0.78	0.8	0.75	0.87	-0.22	-0.21	-0.05	0.84	0.89	-0.23	0.41	-0.33	0.79	0.91	0.23	-0.4	0.79	0.11	0.81

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New Oriental Account Relationship Matchups

New Oriental income statement Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Depreciation And Amortization	206.3K	230.2M	194.2M	122.7M	106.8M	112.2M
Interest Expense	4.6M	6.7M	4.1M	707K	298K	283.1K
Selling And Marketing Expenses	445.3M	600.8M	466.9M	444.7M	660.6M	693.6M
Total Revenue	3.6B	4.3B	3.1B	3.0B	4.3B	4.5B
Gross Profit	2.0B	2.2B	1.4B	1.6B	2.3B	2.4B
Other Operating Expenses	3.2B	4.1B	4.1B	2.8B	4.0B	4.2B
Operating Income	266.5M	394.0M	(982.5M)	190.0M	350.4M	367.9M
Ebit	417.2M	321.7M	(1.0B)	190.0M	350.4M	367.9M
Ebitda	417.5M	551.9M	(834.2M)	312.7M	457.2M	480.1M
Cost Of Revenue	1.6B	2.0B	1.8B	1.4B	2.1B	2.2B
Total Operating Expenses	1.6B	2.1B	2.3B	1.4B	1.9B	2.0B
Income Before Tax	487.8M	315.0M	(1.0B)	308.5M	493.8M	518.5M
Total Other Income Expense Net	221.4M	197.7M	(50.0M)	118.5M	143.4M	150.6M
Net Income	413.3M	231.4M	(1.2B)	177.3M	309.6M	325.1M
Income Tax Expense	134.4M	83.6M	136.3M	66.1M	109.7M	115.2M
Selling General Administrative	1.1B	1.5B	1.9B	953.6M	1.3B	1.3B
Net Income Applicable To Common Shares	413.3M	334.4M	(1.2B)	177.3M	159.6M	167.6M
Minority Interest	136.5M	104.9M	32.6M	(58.0M)	(15.6M)	(14.8M)
Net Income From Continuing Ops	354.9M	230.0M	(1.2B)	235.4M	325.2M	341.5M
Tax Provision	134.4M	83.6M	136.3M	66.1M	109.7M	86.8M
Interest Income	93.4M	134.5M	14.9M	860K	153.6M	78.0M
Net Interest Income	111.5M	134.8M	119.5M	113.7M	153.3M	115.1M
Reconciled Depreciation	151.0M	230.4M	194.4M	122.7M	106.8M	144.9M

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New Historical Income Statement

About New Income Statement Analysis

New Oriental Income Statement Chart

Depreciation And Amortization

Total Revenue

Gross Profit

Other Operating Expenses

New Oriental income statement Correlations

New Oriental Account Relationship Matchups

High Positive Relationship

High Negative Relationship

New Oriental income statement Accounts

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Total Revenue	+ 0.99	Selling And Marketing Expenses
Cost Of Revenue	+ 0.99	Selling And Marketing Expenses
Gross Profit	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Other Operating Expenses
Total Operating Expenses	+ 0.99	Other Operating Expenses

Net Income From Continuing Ops	- 0.47	Selling General Administrative
Net Income From Continuing Ops	- 0.46	Depreciation And Amortization
Net Income	- 0.42	Depreciation And Amortization
Reconciled Depreciation	- 0.4	Net Income From Continuing Ops
Tax Provision	- 0.4	Net Income From Continuing Ops
Selling General Administrative	- 0.37	Net Income