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

Key Points

• Baillie Gifford China Growth Trust reported an earnings per share (EPS) of GBX 2.45 for the quarter, with a negative return on equity of 26.72%.
• The Trust's shares opened at GBX 310.20, with a market capitalization of £180.01 million and a price-to-earnings ratio of 463.54.
• Baillie Gifford China Growth Trust aims for long-term capital growth by investing in a managed portfolio of Chinese companies, with up to 20% of assets potentially in non-publicly listed companies.

Baillie Gifford China Growth Trust (LON:BGCG - ) posted its earnings results on Wednesday. The company reported GBX 2.45 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Baillie Gifford China Growth Trust had a negative return on equity of 26.72% and a net margin of 107.60%.

Baillie Gifford China Growth Trust Price Performance

Shares of BGCG stock opened at GBX 310.20 on Wednesday. Baillie Gifford China Growth Trust has a fifty-two week low of GBX 189.53 and a fifty-two week high of GBX 313. The firm has a market capitalization of £180.01 million, a price-to-earnings ratio of 463.54 and a beta of 0.55. The company has a debt-to-equity ratio of 4.63, a quick ratio of 0.38 and a current ratio of 0.41. The stock's 50-day simple moving average is GBX 278.99 and its 200-day simple moving average is GBX 260.61.

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.

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