New Oriental Education & Technology Group Inc. (NYSE: EDU [ADR])
Beijing, 100080, China Phone: +86-10-6260-5566
Fax: +86-10-6260-5511
http://www.neworiental.org
Overview
Who wants part of China's $72-billion-education market? New Oriental Education and Technology Group, that's who. As China's largest provider of private education services (based on number of programs and enrollment), New Oriental offers a K-12 private boarding school, child and adult English classes, and Chinese and foreign university exam prep at more than 40 schools and 200 learning centers, mostly in eastern China. The company also distributes language and test prep books, software, CDs, and magazines, and works with Pearson Education, McGraw-Hill, and other publishers to re-purpose materials for Chinese use. It operates more than 20 bookstores and sells products in another 5,000 third-party bookstores.
Sample OverviewKey Numbers from Hoover's UK
Key financials for New Oriental Education & Technology Group Inc. (NYSE: EDU [ADR])
| Company Type | Public (NYSE: EDU [ADR]) |
|---|---|
| Fiscal Year-End | May |
| 2007 Sales (mil.) | £69.0 |
| 1-Year Sales Growth | 42.0% |
| 2007 Net Income (mil.) | £15.0 |
| 1-Year Net Income Growth | 381.0% |
| 2007 Employees | 5,331 |
| 1-Year Employee Growth | 31.7% |
Key People from Hoover's UK
Key people and executives for New Oriental Education & Technology Group Inc. (NYSE: EDU [ADR])
| Chairman and CEO | Michael Minhong Yu (Subscribers see complete biographies -- view sample)
Connect to this executive |
|---|---|
| CFO and Director | Louis T. Hsieh Connect to this executive |
| SVP | Xiangdong Chen Connect to this executive |
Top Competitors from Hoover's UK
Top competitors of New Oriental Education & Technology Group Inc. (NYSE: EDU [ADR])
There are 7 competitors for New Oriental; see more.Industry Information from Hoover's UK
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Hoover's Industries
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Education
- Education & Training Services (primary)



