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

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

Baillie Gifford China Growth Trust Stock Performance

Shares of LON BGCG traded down GBX 5 during midday trading on Wednesday, hitting GBX 297. 112,679 shares of the company’s stock were exchanged, compared to its average volume of 131,367. The firm has a market cap of £160.64 million, a P/E ratio of 3.42 and a beta of 0.70. The stock’s 50 day moving average price is GBX 304.01 and its 200-day moving average price 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 debt-to-equity ratio of 3.92, a current ratio of 2.99 and a quick ratio of 0.38.

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.