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

Baillie Gifford China Growth Trust (LON:BGCG) announced its quarterly earnings data on Wednesday. The company reported GBX 3.04 earnings per share for the quarter, Digital Look Earnings reports. Baillie Gifford China Growth Trust had a net margin of 96.33% and a return on equity of 27.39%.

Baillie Gifford China Growth Trust Trading Down 1.7%

Baillie Gifford China Growth Trust stock traded down GBX 5 during midday trading on Wednesday, hitting GBX 297. 114,717 shares of the stock were exchanged, compared to its average volume of 131,378. The company has a fifty day simple moving average of GBX 304.01 and a two-hundred day simple moving average of GBX 307.09. The stock has a market capitalization of £160.64 million, a PE ratio of 3.42 and a beta of 0.70. Baillie Gifford China Growth Trust has a 52 week low of GBX 284 and a 52 week high of GBX 331.04. The company has a quick ratio of 0.38, a current ratio of 2.99 and a debt-to-equity ratio of 3.92.

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.