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

Baillie Gifford China Growth Trust (LON:BGCG) announced its quarterly earnings data 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 Stock Down 0.3%

Shares of LON BGCG traded down GBX 1 on Thursday, reaching GBX 296. 154,351 shares of the company’s stock traded hands, compared to its average volume of 131,503. Baillie Gifford China Growth Trust has a 12 month low of GBX 284 and a 12 month high of GBX 331.04. The business’s 50 day simple moving average is GBX 303.83 and its two-hundred day simple moving average is GBX 307.13. The company has a market cap of £160.10 million, a price-to-earnings ratio of 3.41 and a beta of 0.70. The company has a quick ratio of 0.38, a current ratio of 2.99 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.