CENTRAL & EASTERN EUROPE FUND, INC. (CEE)
The Central and Eastern Europe Fund, Inc. (CEE) operates as a closed-end equity mutual fund, originally established by Deutsche Investment Management Americas Inc. and currently overseen by Deutsche Asset Management International GmbH. Its primary investment objective is to allocate capital to publicly traded companies across a range of diversified sectors within the public equity markets of Central and Eastern Europe. To gauge its performance, the fund utilizes the CECE, RTX, and ISE National 30 indices as benchmarks. This fund, which was previously known as The Central Europe And Russia Fund, Inc., was officially formed in the United States on March 6, 1990.
Industry: Asset Management
The Central and Eastern Europe Fund, Inc.
NYSE:CEEFinancial Services · Asset Management
-1.26%$18.80
AH Close$18.80+0.00%vs close
AH Close$18.80+0.00%vs close
Mkt Cap$122.58M
Float6.52M
O/S6.52M
Inst Own22.4%
Div Yield2.06%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$4.28M
Net Income$35.3M
Total Assets$112.27M
Free Cash Flow$0
Debt & Equity
Equity 100%
Total Debt$0
Total Equity$104.64M
Shares Outstanding
Short Interest
Split History1 split
- 1.0:1Forward splitDec 29, 20141 share → 1.0
Balance Sheet Details
Assets$112.27M
Liabilities$7.63M
Accounts Receivable$1.05M
Accounts Payable$7.5M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Revenue | $4.28M | -$11.92M | $314K | -$175.72M | $91.23M | $449K | $38.71M | -$164K | $43.15M | -$20.53M | $6.52M | $8.87M | $13.73M | $15.69M |
| YoY Growth | -135.9% | -3892.7% | -100.2% | -292.6% | 20235.9% | -98.8% | -23664.1% | -100.4% | -310.2% | -414.7% | -26.4% | -35.4% | -12.5% | - |
| Cost of Revenue | $675K | $558K | $425K | $856K | $1.9M | $1.8M | $2M | $2.08M | $2.01M | $1.78M | $0 | $0 | $0 | $0 |
| Gross Profit | $3.61M | -$12.48M | -$110K | -$176.58M | $89.33M | -$1.35M | $36.72M | -$2.24M | $41.14M | -$22.31M | $6.52M | $8.87M | $13.73M | $15.69M |
| Gross Margin | 84.2% | 104.7% | -35.0% | 100.5% | 97.9% | -300.3% | 94.8% | 1365.2% | 95.3% | 108.7% | 100.0% | 100.0% | 100.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $12 | $8 | -$122 | $4 | -$0 | $2 | -$0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $774K | $713K | $457K | $843K | $974K | $976K | $1.13M | $1.17M | $1.22M | -$0 | $2.79M | $4.34M | $5.35M | $5.64M |
| Other | -$32.47M | -$235K | -$171K | -$135K | $10K | $1.24M | $10K | $10K | $11K | $7.76M | $0 | $0 | $0 | $0 |
| Total Operating Expenses | -$31.69M | $479K | $287K | $708K | $984K | $2.22M | $1.14M | $1.18M | $1.23M | $2.62M | $54.86M | $96.46M | $13.36M | $7.07M |
| Operating Income (EBIT) | $35.3M | $18M | $17.85M | -$176.43M | $90.25M | -$54.76M | $37.58M | -$1.34M | $41.92M | $3.4M | $3.73M | $4.53M | $8.38M | $10.05M |
| Operating Margin | 824.1% | -151.0% | 5678.3% | 100.4% | 98.9% | -12207.0% | 97.1% | 815.4% | 97.1% | -16.6% | 57.3% | 51.1% | 61.1% | 64.1% |
| Interest Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $4.12M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $152 | -$20K | $15K | -$12K | -$12K | -$79K | $0 | $2.08M | $0 | $4.84M | -$52.07M | -$92.12M | $18.71M | -$1.44M |
| Income Before Tax (EBT) | $35.3M | $18M | $17.87M | -$176.43M | $90.25M | -$54.84M | $37.58M | -$1.34M | $41.92M | $8.24M | -$48.33M | -$87.59M | $27.09M | $8.61M |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$161K | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $35.3M | $18M | $17.87M | -$176.43M | $90.25M | -$54.84M | $37.58M | -$1.34M | $41.92M | $8.34M | -$48.33M | -$87.59M | $27.09M | $8.61M |
| Net Income Margin | 824.1% | -151.0% | 5682.9% | 100.4% | 98.9% | -12224.5% | 97.1% | 815.4% | 97.1% | -40.6% | -741.0% | -987.7% | 197.3% | 54.9% |
| Supplementary Data | ||||||||||||||
| EPS | 5.47 | 2.83 | 2.86 | -28.36 | 14.33 | -8.21 | 5.60 | -0.23 | 5.61 | 1.01 | -5.91 | -9.37 | 2.41 | 0.66 |
| Diluted EPS | 5.47 | 2.83 | 2.86 | -28.36 | 14.33 | -8.21 | 5.60 | -0.23 | 5.61 | 7848079.00 | -5.91 | -9.37 | 2.41 | 0.66 |
| Weighted Average OS | 6.45M | 6.36M | 6.25M | 6.22M | 6.30M | 6.68M | 6.71M | 5.82M | 7.23M | 8.24M | 8.17M | 9.35M | 11.23M | 13.13M |
| EBITDA | $35.3M | $18M | $17.85M | -$176.43M | $90.25M | -$54.76M | $37.57M | $0 | $41.91M | $8.34M | $0 | $0 | $0 | $0 |
| EBITDA Margin | 824.1% | -151.0% | 5678.3% | 100.4% | 98.9% | -12207.0% | 97.1% | - | 97.1% | -40.6% | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Assets | ||||||||||||||
| Current Assets | ||||||||||||||
| Cash and Cash Equivalents | $69K | $45K | $44K | $143K | $418K | $250K | $669K | $1.37M | $8.15M | $14.25M | $380K | $116K | $53K | $831K |
| Short-Term Investments | $8.21M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.5M | $826K | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $8.28M | $45K | $44K | $143K | $418K | $250K | $669K | $1.37M | $11.65M | $15.08M | $380K | $116K | $53K | $831K |
| Accounts Receivable | $1.05M | $413K | $121K | $341K | $1.84M | $682K | $613K | $754K | $550K | $2.71M | $79K | $4.41M | $9.68M | $31.27M |
| Inventory | $0 | $0 | $0 | $4.6M | $1.93M | $0 | $676K | $29.36M | $0 | $0 | $0 | $0 | $0 | -$1 |
| Other Current Assets | -$8.6M | $958K | $2.03M | -$4.65M | -$2.35M | $0 | -$1.35M | $1.09M | $3.5M | -$17.79M | $2.76M | $1.09M | $0 | -$0 |
| Total Current Assets | $729K | $1.42M | $2.19M | $434K | $1.84M | $932K | $613K | $2.13M | $550K | $3.81M | $3.22M | $5.61M | $9.73M | $32.1M |
| Long-Term Assets | ||||||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $102.93M | $71.17M | $56.2M | $38.45M | $233.68M | $143.93M | $213.11M | $186.43M | $209.22M | $168.01M | $172.1M | $259.34M | $438.89M | $451.13M |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $8.61M | $429K | -$1.78M | $38.74M | $233.35M | $1.64M | $0 | -$186.43M | -$209.22M | $796K | $2.66M | $1.02M | $12.51M | -$451.13M |
| Total Long-Term Assets | $111.54M | $71.6M | $54.42M | $38.45M | $233.68M | $145.57M | $213.11M | $186.43M | $209.22M | $168.8M | $174.75M | $260.36M | $451.4M | $451.13M |
| Other Assets | $0 | -$1.13M | $0 | $158K | $91K | $79K | $68K | $57K | $4K | $0 | $0 | $0 | $0 | $28.64M |
| Total Assets | $112.27M | $71.89M | $56.62M | $39.04M | $235.61M | $146.58M | $213.79M | $188.61M | $209.78M | $172.61M | $177.97M | $265.97M | $461.13M | $511.87M |
| Liabilities | ||||||||||||||
| Current Liabilities | ||||||||||||||
| Accounts Payable | $7.5M | $116K | $465K | $287K | $1.29M | $1.4M | $120K | $2.44M | $6.37M | $0 | $0 | $6.07M | $16.05M | $4.94M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $15K | $0 | $0 | $0 | $0 | $48K | $1.78M | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $105K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | -$1.84M | $0 | $0 | $93K | -$1.54M | $167K | -$10.16M | $1.24M | $3.2M | $1.7M | $13.17M | $29.43M |
| Total Current Liabilities | $7.5M | $116K | $465K | $287K | $1.29M | $1.49M | $120K | $2.56M | $6.37M | $1.26M | $3.2M | $7.82M | $31.01M | $34.36M |
| Long-Term Liabilities | ||||||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 | $15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $133K | $964K | $1.97M | $1.69M | $99K | $60K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $133K | $964K | $1.97M | $1.69M | $99K | $60K | $15K | $3.98M | $10.37M | $1.35M | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $1.4M | $0 | -$1.49M | $1.56M | -$2.56M | -$6.37M | -$1.26M | $0 | $0 | $0 | $0 |
| Total Liabilities | $7.63M | $1.08M | $2.43M | $1.98M | $14.03M | $1.77M | $1.69M | $3.98M | $10.37M | $1.35M | $3.2M | $7.82M | $31.01M | $34.36M |
| Stockholders' Equity | ||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $181.86M | $181.08M | $180.15M | $179.42M | $181.56M | $189.03M | $191.68M | $194.95M | $204.36M | $215.69M | $223.42M | $248.97M | $302.25M | $513.92M |
| Retained Earnings | -$77.23M | -$110.27M | -$125.97M | -$142.35M | $40.02M | -$44.21M | $20.41M | -$10.32M | $3.96M | $2.44M | -$48.71M | $8.4M | $123.35M | $110.34M |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$0 | -$8.92M | -$46.86M | $0 | -$0 | -$0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8.92M | -$46.86M | $0 | -$1 | $0 | -$146.86M |
| Total Equity | $104.64M | $70.81M | $54.18M | $37.07M | $221.58M | $144.81M | $212.09M | $184.63M | $199.41M | $171.27M | $174.71M | $257.37M | $425.6M | $477.4M |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $112.27M | $71.89M | $56.62M | $39.04M | $235.61M | $146.58M | $213.79M | $188.61M | $209.78M | $172.61M | $177.91M | $265.19M | $456.6M | $511.77M |
| Supplementary Data | ||||||||||||||
| Total Debt | $0 | $0 | $0 | $0 | $0 | $0 | $15K | $0 | $0 | $0 | $0 | $48K | $1.78M | $0 |
| Net Debt | -$69K | -$45K | -$44K | -$143K | -$418K | -$250K | -$654K | -$1.37M | -$8.15M | -$14.25M | -$380K | -$68K | $1.73M | -$831K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 | 2019-10-31 | 2018-10-31 | 2017-10-31 | 2016-10-31 | 2015-10-31 | 2014-10-31 | 2013-10-31 | 2012-10-31 |
| Operating Activities | ||||||||||||||
| Net Income | $35.3M | $18M | $17.87M | -$176.43M | $90.25M | -$54.84M | $37.58M | -$1.34M | $41.92M | $8.24M | -$48.33M | -$87.59M | $27.09M | $8.61M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$35.3M | -$18M | -$17.87M | $176.43M | -$90.25M | $54.84M | -$37.58M | $1.34M | -$41.92M | -$8.24M | $48.33M | $87.59M | -$27.09M | -$8.61M |
| Net Cash from Operating | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Investing Activities | ||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | ||||||||||||||
| Debt Repaid | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $0 | $0 | -$99K | -$275K | -$5.21M | $1.01M | -$22.89M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Supplementary Data | ||||||||||||||
| Operating Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at Beginning | $0 | $0 | $143K | $418K | $5.63M | $4.62M | $27.52M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash at End | $0 | $0 | $44K | $143K | $418K | $5.63M | $4.62M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |