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

Baillie Gifford China Growth Trust (LON:BGCG) issued its earnings results 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 Trading Down 1.5%

Shares of LON BGCG opened at GBX 297.54 on Wednesday. Baillie Gifford China Growth Trust has a one year low of GBX 284 and a one year high of GBX 331.04. The firm has a market capitalization of £160.94 million, a PE ratio of 3.43 and a beta of 0.70. The company has a current ratio of 2.99, a quick ratio of 0.38 and a debt-to-equity ratio of 3.92. The business has a 50-day moving average price of GBX 304.01 and a two-hundred day moving average price 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.