New Oriental-S (09901) Announces Annual Performance, Shareholders to Reap Net Profit of $371 Million, Up 20.1% Year-on-Year
New Oriental-S (09901) announces its annual performance as of May 31, 2025. The company achieved a net income of $12.43 billion, up 9.4% year-on-year; the shareholders' share of net profit was $71 million, down 73.7% year-on-year; and the earnings per ADS (American Depositary Share) were $0.04.
In the fiscal year 2025, the company achieved a net income of $49 billion, up 13.6% year-on-year; the shareholders' share of net profit was $371 million, up 20.1% year-on-year; and the basic earnings per ADS were $2.29.
New Oriental-S's Board Chairman and CEO Yu Minhong said: "We are very pleased to end our fiscal year 2025 with a healthy growth of 9.4% in net income, excluding the revenue from the self-operated products and live broadcasting business. The revenue from overseas test preparation and consulting services increased by approximately 14.6%, while that from domestic test preparation services for adults and university students grew by around 17.0%. In addition, our education new business segment maintained strong growth momentum, with a revenue increase of 32.5% year-on-year. Our non-academic auxiliary business, which operates in over 60 cities, had approximately 918,000 registered users; our intelligent learning system and equipment were used by around 255,000 active paid users. Over the past year, we have gradually consolidated our long-term development strategy. In the new fiscal year, we will further intensify management efforts on core education business, prioritizing product capabilities and quality improvements, systematic resource development, and efficiency enhancement. We will continue to uphold our commitments, providing excellent services to customers, enhancing brand influence, and creating sustainable long-term value for shareholders."
New Oriental-S's CEO Zhou Chenggang said: "In this quarter, we have continued to monitor the layout of our teaching spaces, ensuring that they align with business growth and operational efficiency. Meanwhile, we have focused on promoting our OMO (online/offline) teaching systems and investing in the application of artificial intelligence technology throughout our entire educational ecosystem. We recently launched a new generation of AI-driven intelligent learning devices and AI-driven intelligent learning solutions. We will continue to integrate these technologies into our offline and online products, further enhancing our product capabilities. Additionally, we have developed innovative technologies to support teachers and staff in their daily operations, improving operational efficiency and customer satisfaction. This year, New Oriental Select has continued to invest in its healthy and high-quality self-operated products, enriching product varieties, pursuing major breakthroughs, and innovating; these self-operated products are gradually becoming stable and widely used household essentials, winning market recognition."
New Oriental-S's Executive Vice President and Chief Financial Officer Yang Zhihui pointed out: "To more accurately reflect New Oriental-S's core education business, the operating profit data in this quarter does not include the financial performance of self-operated products and live broadcasting business. In this quarter, our non-GAAP operating profit rate (excluding self-operated products and live broadcasting business) was 6.5%, an increase of 410 basis points from last year. Although we experienced a slowdown in overseas related businesses in fiscal year 2025 and invested in our newly integrated cultural tourism business, the full-year non-GAAP operating profit rate (excluding self-operated products and live broadcasting business) was 12.8%, an increase of 150 basis points from last year. As we enter the 2026 financial year, we will continue to implement cost optimization and efficiency enhancement measures across all businesses, pursuing healthy and sustainable income growth and higher profitability."