Baillie Gifford China Growth Trust (LON:BGCG) Announces 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 Trading Down 1.3%

Baillie Gifford China Growth Trust stock opened at GBX 298 on Wednesday. The stock has a 50-day moving average price of GBX 304.01 and a 200 day moving average price of GBX 307.09. Baillie Gifford China Growth Trust has a 52 week low of GBX 284 and a 52 week high of GBX 331.04. The stock has a market cap of £161.19 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.

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.