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

Baillie Gifford China Growth Trust (LON:BGCG) announced 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

Shares of BGCG opened at GBX 297.54 on Wednesday. The firm has a market capitalization of £160.94 million, a price-to-earnings ratio of 3.43 and a beta of 0.70. The firm’s fifty day simple moving average is GBX 304.01 and its 200-day simple moving average is GBX 307.09. 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 current ratio of 2.99, a quick ratio of 0.38 and a debt-to-equity ratio of 3.92.

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.