abrdn Emerging Markets ex-China Fund, Inc. (AEF)

NYSEAMERICAN: AEF · Real-Time Price · USD

9.60

+0.26 (2.78%)

Oct 2, 2026, 4:00 PM EDT - Market closed

AEF Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7.43	6.48	8.05	9.92	11.68	14.39
Revenue Growth	13.46%	-19.52%	-18.83%	-15.02%	-18.88%	-14.88%
Gross Profit	7.43	6.48	8.05	9.92	11.68	14.39
Operating Income	3.44	3.14	4.33	6.3	7.65	8.44
Net Income	195.91	95.56	19.74	29.13	-126.08	-8.85
Earnings Per Share	4.83	2.35	0.39	0.57	-2.48	-0.17
EPS Growth	363.84%	505.15%	-32.23%	-	-	-

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	0.01	0.08	1.02	0.15	0.35	0.24
Total Debt	27	27	40	35	55	55
Net Cash (Debt)	-26.99	-26.92	-38.98	-34.85	-54.65	-54.76
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.66	-0.66	-0.77	-0.69	-1.08	-1.08

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	37.01	97.97	15.16	39.35	25.73	-
Free Cash Flow	37.01	97.97	15.16	39.35	25.73	-
Free Cash Flow Growth	-57.37%	546.42%	-61.49%	52.93%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	46.30%	48.46%	53.73%	63.51%	65.48%	58.67%
Pretax Margin	2638.34%	1474.25%	245.09%	293.54%	-1079.81%	-61.46%
Profit Margin	2638.34%	1474.25%	245.09%	293.54%	-1079.81%	-61.46%

Dividends

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Dividend Per Share	1.040	0.650	0.390	0.390	0.440	0.533
Dividend Per Share Growth	54.39%	66.67%	0%	-11.36%	-17.45%	136.39%
Dividend Yield	10.83%	10.03%	9.04%	9.89%	11.96%	10.19%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	1.99	2.97	13.34	8.90	-	-
PS Ratio	52.49	43.84	32.70	26.14	22.39	27.93