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

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

Baillie Gifford China Growth Trust Price Performance

Baillie Gifford China Growth Trust stock traded down GBX 4.60 during trading on Wednesday, reaching GBX 297.40. The company had a trading volume of 79,968 shares, compared to its average volume of 131,188. The firm has a market capitalization of £160.86 million, a PE ratio of 3.43 and a beta of 0.70. The firm’s 50-day simple moving average is GBX 304.01 and its 200 day simple moving average is GBX 307.09. The company has a debt-to-equity ratio of 3.92, a quick ratio of 0.38 and a current ratio of 2.99. Baillie Gifford China Growth Trust has a 1-year low of GBX 284 and a 1-year high of GBX 331.04.

About Baillie Gifford China Growth Trust

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.