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NEW GERMANY FUND (NEW GERMANY FUND) Net Margin %

: 75.12% (As of Dec. 2023)
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Net margin is calculated as Net Income divided by its Revenue. NEW GERMANY FUND's Net Income for the six months ended in Dec. 2023 was $1.78 Mil. NEW GERMANY FUND's Revenue for the six months ended in Dec. 2023 was $2.37 Mil. Therefore, NEW GERMANY FUND's net margin for the quarter that ended in Dec. 2023 was 75.12%.

The historical rank and industry rank for NEW GERMANY FUND's Net Margin % or its related term are showing as below:

GF' s Net Margin % Range Over the Past 10 Years
Min: 84.82   Med: 98.65   Max: 102.45
Current: 95.17


GF's Net Margin % is ranked better than
61.92% of 1670 companies
in the Asset Management industry
Industry Median: 86.315 vs GF: 95.17

NEW GERMANY FUND Net Margin % Historical Data

The historical data trend for NEW GERMANY FUND's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NEW GERMANY FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Premium Member Only Premium Member Only 98.44 98.65 84.82 101.27 95.17

NEW GERMANY FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 104.64 100.64 155.33 97.25 75.12

Competitive Comparison

For the Asset Management subindustry, NEW GERMANY FUND's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NEW GERMANY FUND Net Margin % Distribution

For the Asset Management industry and Financial Services sector, NEW GERMANY FUND's Net Margin % distribution charts can be found below:

* The bar in red indicates where NEW GERMANY FUND's Net Margin % falls into.



NEW GERMANY FUND Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

NEW GERMANY FUND's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=24.03/25.25
=95.17 %

NEW GERMANY FUND's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1.781/2.371
=75.12 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NEW GERMANY FUND  (NYSE:GF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


NEW GERMANY FUND Net Margin % Related Terms

Thank you for viewing the detailed overview of NEW GERMANY FUND's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


NEW GERMANY FUND (NEW GERMANY FUND) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, New York, NY, USA, 10022-6225
NEW GERMANY FUND INC is the United States based non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle market German equities. The fund's portfolio of investment includes investment in different sectors such as the industrials, information technology, material, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, healthcare, Energy and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Italy.
Executives
Bernhard Koepp director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Christopher Pleister director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Juan Barriobero other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Daniel Hann other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Alexander Lippert other: Deputy Portfolio Manager C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Holger Hatje director C/O ANJIE LAROCCA, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Fiona Flannery director C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Leon A Cappel other: Deputy Portfolio Manager C/O ANJIE LAROCCA-LEWIS, DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Walter C. Dostmann director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Rijs officer: AML Compliance Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Helen Delman other: Section 16 Officer C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Michelle S. Goveia officer: AML Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Christian Zugel director TWO BRIDGE AVENUE, SUITE 322, RED HOOK NJ 07701
Alyssa Asbury officer: Assistant Secretary C/O DWS, 875 THIRD AVENUE, NEW YORK NY 10022
Wolfgang Helmut Leoni director C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005

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