How many properties does New Oriental have? The net value of the two office buildings is about $65.438 +0.6 billion.

(1) Looking through the annual reports of New Oriental over the years, we can see that there is a "net amount of property and equipment" in the balance sheet of New Oriental? The net asset value of the property and equipment is mainly the office building and its office facilities, teaching center equipment and other assets of New Oriental. In fiscal year 20 1 1, the net asset value of property and equipment of New Oriental was $65,438+$600 million, which should be mainly the net asset value of two office buildings bought by New Oriental. In fiscal year 2005, New Oriental invested heavily in building B of Zhongguancun Financial Center as the group headquarters, with "property and equipment" of about 340 million RMB, so it can be estimated that the cost of purchasing the headquarters building in that year was about 300 million RMB. After being included in the report, the total value of this item in New Oriental's fiscal year 2005 increased to US$ 84 million, and the net asset value of New Oriental's property and equipment remained at around US$ 1 billion. 20 1 1 increased to160 million USD in the fiscal year, mainly due to the purchase of an office building in Guangdong as the headquarters of the fiscal year. According to American accounting standards, the value of these two buildings can only be included in the statement according to the cost price, so the "net property and equipment" in the balance sheet of New Oriental can probably reflect the purchase cost of the group headquarters of New Oriental in Beijing and the headquarters of its branch in Guangdong, but the value of these two buildings has not been evaluated yet.