Abrdn Emerging Markets Equity Income Fund Inc Net Assets
Abrdn Emerging Markets Equity Income Fund Inc net assets. Based on the latest financial reports, Abrdn Emerging Markets Equity Income Fund Inc (AEF) has net assets worth $302.50 Million USD as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($345.22 Million) and total liabilities ($42.72 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore Abrdn Emerging Markets Equity Income Fun annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $302.50 Million |
| % of Total Assets | 87.62% |
| Annual Growth Rate | 4.01% |
| 5-Year Change | -31.14% |
| 10-Year Change | 290.48% |
| Growth Volatility | 70.67 |
Net Assets of Abrdn Emerging Markets Equity Income Fund Inc (1989–2023)
Net assets of Abrdn Emerging Markets Equity Income Fund Inc from 1989 to 2023. This chart illustrates how Abrdn Emerging Markets Equity Income Fund Inc's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Abrdn Emerging Markets Equity Income Fun to measure how much of total assets are equity-financed.
Annual Net Assets for Abrdn Emerging Markets Equity Income Fund Inc (1989–2023)
The table below shows the annual net assets of Abrdn Emerging Markets Equity Income Fund Inc from 1989 to 2023. For live market cap and overall valuation, see market value of Abrdn Emerging Markets Equity Income Fun.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $302.50 Million | +3.18% |
| 2022-12-31 | $293.17 Million | -33.61% |
| 2021-12-31 | $441.58 Million | -7.52% |
| 2020-12-31 | $477.47 Million | +8.68% |
| 2019-12-31 | $439.33 Million | -0.34% |
| 2018-12-31 | $440.82 Million | +379.55% |
| 2017-12-31 | $91.92 Million | +36.42% |
| 2016-12-31 | $67.38 Million | +11.28% |
| 2015-12-31 | $60.56 Million | -21.83% |
| 2014-12-31 | $77.47 Million | -20.65% |
| 2013-12-31 | $97.63 Million | -30.91% |
| 2012-12-31 | $141.30 Million | +5.08% |
| 2011-12-31 | $134.47 Million | -20.03% |
| 2010-12-31 | $168.15 Million | -11.87% |
| 2009-12-31 | $190.80 Million | +69.90% |
| 2008-12-31 | $112.30 Million | -41.05% |
| 2007-12-31 | $190.50 Million | +8.42% |
| 2006-12-31 | $175.70 Million | +22.35% |
| 2005-12-31 | $143.60 Million | -9.69% |
| 2004-12-31 | $159.00 Million | +8.31% |
| 2003-12-31 | $146.80 Million | +72.50% |
| 2002-12-31 | $85.10 Million | -36.63% |
| 2001-12-31 | $134.30 Million | -13.02% |
| 2000-12-31 | $154.40 Million | -29.17% |
| 1999-12-31 | $218.00 Million | +20.84% |
| 1998-12-31 | $180.40 Million | -40.66% |
| 1997-12-31 | $304.00 Million | -4.10% |
| 1996-12-31 | $317.00 Million | -14.39% |
| 1995-12-31 | $370.30 Million | +0.87% |
| 1994-12-31 | $367.10 Million | +30.64% |
| 1993-12-31 | $281.00 Million | +66.77% |
| 1992-12-31 | $168.50 Million | +5.05% |
| 1991-12-31 | $160.40 Million | +71.18% |
| 1990-12-31 | $93.70 Million | +17.86% |
| 1989-12-31 | $79.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Abrdn Emerging Markets Equity Income Fund Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 9917261600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Abrdn Emerging Markets Equity Income Fund Inc Net Assets Breakdown (December 2023)
Abrdn Emerging Markets Equity Income Fund Inc net assets breakdown by equity component as of December 2023.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $50.75K | 0.02% |
| Other Components | $401.62 Million | 132.77% |
| Total Equity | $302.50 Million | 100.00% |
Abrdn Emerging Markets Equity Income Fund Inc Competitors by Market Cap
The table below lists competitors of Abrdn Emerging Markets Equity Income Fund Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dirui Industrial Co Ltd
SHE:300396
|
$265.76 Million |
|
Modern Avenue Group Co Ltd
SHE:002656
|
$265.87 Million |
|
Beijing Seeyon Internet Software Cp
SHG:688369
|
$265.88 Million |
|
Zhejiang Benli Technology Co. Ltd.
SHE:301065
|
$265.91 Million |
|
Interarch Building Products Limited
NSE:INTERARCH
|
$265.60 Million |
|
COG Financial Services Ltd
AU:COG
|
$265.59 Million |
|
J&V Energy Tech Co Ltd
TW:6869
|
$265.58 Million |
|
Shanghai Lisheng Racing Co Ltd
SHE:002858
|
$265.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Abrdn Emerging Markets Equity Income Fund Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 293,167,228 to 302,500,831, a change of 9,333,603 (3.2%).
- Net income of 29,126,797 contributed positively to equity growth.
- Dividend payments of 19,793,194 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $29.13 Million | +9.63% |
| Dividends Paid | $19.79 Million | -6.54% |
| Total Change | $- | 3.18% |
Book Value vs Market Value Analysis
This analysis compares Abrdn Emerging Markets Equity Income Fund Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.27x to 1.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $7.40 | $9.36 | x |
| 1990-12-31 | $8.72 | $9.36 | x |
| 1991-12-31 | $14.84 | $9.36 | x |
| 1992-12-31 | $15.55 | $9.36 | x |
| 1993-12-31 | $20.13 | $9.36 | x |
| 1994-12-31 | $26.25 | $9.36 | x |
| 1995-12-31 | $26.41 | $9.36 | x |
| 1996-12-31 | $22.61 | $9.36 | x |
| 1997-12-31 | $21.58 | $9.36 | x |
| 1998-12-31 | $12.91 | $9.36 | x |
| 1999-12-31 | $15.21 | $9.36 | x |
| 2000-12-31 | $11.43 | $9.36 | x |
| 2001-12-31 | $9.93 | $9.36 | x |
| 2002-12-31 | $8.39 | $9.36 | x |
| 2003-12-31 | $14.48 | $9.36 | x |
| 2004-12-31 | $15.68 | $9.36 | x |
| 2005-12-31 | $14.16 | $9.36 | x |
| 2006-12-31 | $17.33 | $9.36 | x |
| 2007-12-31 | $18.78 | $9.36 | x |
| 2008-12-31 | $11.05 | $9.36 | x |
| 2009-12-31 | $18.77 | $9.36 | x |
| 2010-12-31 | $22.05 | $9.36 | x |
| 2011-12-31 | $14.49 | $9.36 | x |
| 2012-12-31 | $15.29 | $9.36 | x |
| 2013-12-31 | $10.39 | $9.36 | x |
| 2014-12-31 | $8.27 | $9.36 | x |
| 2015-12-31 | $6.44 | $9.36 | x |
| 2016-12-31 | $7.20 | $9.36 | x |
| 2017-12-31 | $9.81 | $9.36 | x |
| 2018-12-31 | $7.37 | $9.36 | x |
| 2019-12-31 | $8.06 | $9.36 | x |
| 2020-12-31 | $9.35 | $9.36 | x |
| 2021-12-31 | $8.99 | $9.36 | x |
| 2022-12-31 | $5.77 | $9.36 | x |
| 2023-12-31 | $5.96 | $9.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Abrdn Emerging Markets Equity Income Fund Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: -0.02x
- • Equity Multiplier: 1.14x
- Recent ROE (9.63%) is below the historical average (13.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 27.37% | 3453.97% | 0.00x | 1.59x | $13.81 Million |
| 1990 | 49.33% | 456.27% | 0.10x | 1.08x | $36.85 Million |
| 1991 | 149.15% | 2737.30% | 0.05x | 1.14x | $223.20 Million |
| 1992 | 39.88% | 809.03% | 0.05x | 1.07x | $50.37 Million |
| 1993 | 86.18% | 2835.71% | 0.03x | 1.05x | $214.07 Million |
| 1994 | 72.84% | 2541.25% | 0.03x | 1.03x | $230.64 Million |
| 1995 | 7.23% | 183.49% | 0.04x | 1.04x | $-10.24 Million |
| 1996 | -43.61% | -1009.05% | 0.04x | 1.05x | $-169.94 Million |
| 1997 | 32.67% | 693.85% | 0.04x | 1.17x | $68.90 Million |
| 1998 | -157.12% | -3025.08% | 0.05x | 1.07x | $-301.49 Million |
| 1999 | 63.51% | 2454.79% | 0.03x | 1.01x | $116.65 Million |
| 2000 | -92.40% | -2832.54% | 0.03x | 1.19x | $-158.21 Million |
| 2001 | -18.79% | -371.03% | 0.05x | 1.03x | $-38.66 Million |
| 2002 | -65.65% | -2450.44% | 0.03x | 1.01x | $-64.38 Million |
| 2003 | 134.54% | 7425.19% | 0.02x | 1.03x | $182.83 Million |
| 2004 | 63.50% | 2310.30% | 0.02x | 1.13x | $85.06 Million |
| 2005 | 58.18% | 1956.67% | 0.02x | 1.22x | $69.19 Million |
| 2006 | 74.08% | 3839.23% | 0.02x | 1.06x | $112.58 Million |
| 2007 | 62.17% | 2440.82% | 0.02x | 1.13x | $99.34 Million |
| 2008 | -188.17% | -3998.11% | 0.04x | 1.07x | $-222.74 Million |
| 2009 | 139.25% | 6390.14% | 0.02x | 1.02x | $246.74 Million |
| 2010 | 29.75% | 96.66% | 0.28x | 1.10x | $33.21 Million |
| 2011 | -29.02% | 0.00% | -0.27x | 1.04x | $-52.47 Million |
| 2012 | 14.06% | 95.72% | 0.14x | 1.03x | $5.74 Million |
| 2013 | -30.60% | 0.00% | -0.28x | 1.04x | $-39.64 Million |
| 2014 | -13.30% | 0.00% | -0.11x | 1.03x | $-18.05 Million |
| 2015 | -17.39% | 0.00% | -0.16x | 1.03x | $-16.59 Million |
| 2016 | 16.26% | 92.39% | 0.17x | 1.01x | $4.22 Million |
| 2017 | 29.05% | 96.69% | 0.29x | 1.03x | $17.52 Million |
| 2018 | -22.01% | 0.00% | -0.19x | 1.14x | $-141.09 Million |
| 2019 | 17.87% | 98.14% | 0.17x | 1.10x | $34.57 Million |
| 2020 | 10.91% | 97.04% | 0.10x | 1.11x | $4.34 Million |
| 2021 | -2.00% | 0.00% | -0.01x | 1.15x | $-53.00 Million |
| 2022 | -43.01% | 0.00% | -0.35x | 1.21x | $-155.39 Million |
| 2023 | 9.63% | 0.00% | -0.02x | 1.14x | $-1.12 Million |
Industry Comparison
This section compares Abrdn Emerging Markets Equity Income Fund Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $756,784,370
- Average return on equity (ROE) among peers: -60.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $302.50 Million | 27.37% | 0.14x | $265.69 Million |
| Acadian Asset Management Inc (AAMI) | $-21.60 Million | 0.00% | 0.00x | $3.16 Billion |
| AllianceBernstein Holding L.P. (AB) | $1.30 Billion | 15.06% | 0.01x | $3.19 Billion |
| Associated Capital Group Inc (AC) | $651.26 Million | 0.46% | 0.16x | $78.56 Million |
| AFC Gamma Inc (AFCG) | $320.05 Million | 6.55% | 0.46x | $67.85 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $194.14 Million |
| Alpha Compute Corp (ALP) | $12.33 Million | -46.28% | 0.02x | $5.62 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $83.45 Million | -7.38% | 0.39x | $262.31 Million |
| Amber International Holding Limited (AMBR) | $79.29 Million | -255.69% | 1.80x | $154.04 Million |
| Affiliated Managers Group, Inc. (AMG) | $4.38 Billion | 12.90% | 1.02x | $10.08 Billion |
About Abrdn Emerging Markets Equity Income Fund Inc
Abrdn Emerging Markets Equity Income Fund Inc is a closed ended balanced mutual fund and managed by Aberdeen Asset Managers Limited. It invests in the public equity and fixed income markets of Chile. The fund seeks to invest in securities of companies operating across diversified sectors. It employs fundamental analysis with a bottom-up security selection approach to create its portfolio. The fun… Read more