Baillie Gifford China Growth Trust (LON:BGCG) Releases 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 (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 Trading Down 1.3%

LON:BGCG traded down GBX 4 during trading hours on Wednesday, hitting GBX 298. 71,651 shares of the stock were exchanged, compared to its average volume of 131,143. The company’s 50 day moving average is GBX 304.01 and its two-hundred day moving average is GBX 307.09. The company has a market capitalization of £161.19 million, a P/E ratio of 3.43 and a beta of 0.70. Baillie Gifford China Growth Trust has a twelve month low of GBX 284 and a twelve month 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.