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

Baillie Gifford China Growth Trust (LON:BGCG) posted its earnings results 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 Price Performance

LON:BGCG traded up GBX 1 on Thursday, reaching GBX 298. The stock had a trading volume of 837,452 shares, compared to its average volume of 135,215. The company has a quick ratio of 0.38, a current ratio of 2.99 and a debt-to-equity ratio of 3.92. 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 1-year low of GBX 284 and a 1-year high of GBX 331.04. The stock has a fifty day moving average price of GBX 303.83 and a 200-day moving average price of GBX 307.13.

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.