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

Baillie Gifford China Growth Trust (LON:BGCG) released 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 return on equity of 27.39% and a net margin of 96.33%.

Baillie Gifford China Growth Trust Trading Down 1.3%

Shares of LON BGCG opened at GBX 298 on Wednesday. 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 has a 12 month low of GBX 284 and a 12 month high of GBX 331.04. The company has a market cap of £161.19 million, a price-to-earnings ratio of 3.43 and a beta of 0.70. The business has a fifty day simple moving average of GBX 304.01 and a 200-day simple moving average of GBX 307.09.

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.