Baillie Gifford China Growth Trust (LON:BGCG) Releases Earnings Results

Baillie Gifford China Growth Trust (LON:BGCG) posted its earnings results on Wednesday. The company reported GBX 2.98 EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 304 million during the quarter. Baillie Gifford China Growth Trust had a return on equity of 30.93% and a net margin of 96.10%.

Baillie Gifford China Growth Trust Price Performance

Baillie Gifford China Growth Trust stock traded down GBX 9 during mid-day trading on Thursday, hitting GBX 292. 29,659 shares of the company were exchanged, compared to its average volume of 163,879. The company has a market capitalization of £166.96 million, a PE ratio of 3.46 and a beta of 0.63. The business has a fifty day moving average of GBX 307.12 and a 200 day moving average of GBX 309.51. Baillie Gifford China Growth Trust has a 1-year low of GBX 215.63 and a 1-year high of GBX 328. The company has a quick ratio of 0.38, a current ratio of 1.57 and a debt-to-equity ratio of 4.66.

Insider Activity at Baillie Gifford China Growth Trust

In other news, insider Sarah MacAulay bought 33,000 shares of Baillie Gifford China Growth Trust stock in a transaction dated Friday, January 23rd. The shares were bought at an average price of GBX 318 per share, for a total transaction of £104,940. Corporate insiders own 0.82% of the company’s stock.

Baillie Gifford China Growth Trust Company Profile

The Trust aims to produce long term capital growth by investing in an actively managed portfolio of Chinese companies. Up to a maximum of 20% of assets may be invested in companies not listed on a public market (measured at time of purchase). We invest on a long-term (5 year) perspective, and have a strong preference for growth. We are looking for significant upside in each stock that we invest in. The process is driven by rigorous, fundamental, bottom-up analysis undertaken by our dedicated emerging markets team, with input from our China office.