Core Viewpoint - New Oriental Education & Technology Group (09901) saw a significant stock price increase of over 6%, closing at HKD 44.98 with a trading volume of HKD 92.46 million, ahead of its upcoming financial results announcement for Q2 of FY2026 on January 28 [1] Financial Performance Expectations - According to Shenwan Hongyuan's report, New Oriental is expected to generate revenue of USD 1.165 billion for Q2 of FY2026, representing a year-on-year growth of 12.2% [1] - The company's Non-GAAP net profit is projected to be USD 63 million, reflecting a substantial year-on-year increase of 77.8% [1] - The Non-GAAP net profit margin is anticipated to be 5.4%, which indicates a 2 percentage point expansion compared to the previous year [1] Business Operations Insights - The report highlights that the pressure on profit margins due to the contraction in the study abroad business is expected to be alleviated soon [1] - The company plans to slow down the growth rate of its teaching centers to 10% for the year, aiming to enhance the capacity utilization of these centers, which is expected to gradually relieve margin pressures [1]

Core Viewpoint - New Oriental-S (09901) experienced a significant increase of over 6% in stock price, closing at 44.98 HKD, ahead of its upcoming Q2 financial results announcement on January 28, 2026 [1] Financial Performance Expectations - New Oriental is expected to report a revenue of 1.165 billion USD for Q2 of the 2026 fiscal year, representing a year-on-year growth of 12.2% [1] - The company's Non-GAAP net profit is projected to be 6.3 million USD, showing a substantial year-on-year increase of 77.8% [1] - The Non-GAAP net profit margin is anticipated to be 5.4%, which reflects a 2 percentage point expansion compared to the previous year [1] Business Outlook - The pressure on profit margins is expected to gradually ease as the decline in the study abroad business reaches its bottom [1] - The company plans to slow down the growth rate of its teaching centers to 10% for the year, aiming to improve the utilization rate of teaching center capacity [1]