Baillie Gifford China Growth Trust (LON:BGCG) Releases 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 (EPS) 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 Stock Down 0.3%

Shares of LON BGCG opened at GBX 296.15 on Thursday. The company has a debt-to-equity ratio of 3.92, a current ratio of 2.99 and a quick ratio of 0.38. The company has a 50-day moving average price of GBX 303.83 and a 200-day moving average price of GBX 307.13. The stock has a market capitalization of £160.18 million, a P/E ratio of 3.41 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.

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.