Baillie Gifford Shin Nippon (LON:BGS) Issues Earnings Results

Key Points

• Baillie Gifford Shin Nippon reported a quarterly earnings per share (EPS) of GBX 0.37 with a net margin of 101.98%.
• The company's stock opened at GBX 132, increasing by 0.6% following the earnings announcement, and has a current market cap of £338.50 million.
• Baillie Gifford Shin Nippon primarily invests in small Japanese companies, targeting investments in 40–80 attractively valued firms believed to have above-average capital growth prospects.

Baillie Gifford Shin Nippon (LON:BGS - Get Free Report) announced its quarterly earnings data on Friday. The company reported GBX 0.37 EPS for the quarter, Digital Look Earnings reports. Baillie Gifford Shin Nippon had a negative return on equity of 13.81% and a net margin of 101.98%.

Baillie Gifford Shin Nippon Stock Up 0.6%

Shares of Baillie Gifford Shin Nippon stock traded up GBX 0.80 on Friday, reaching GBX 132. 3,710,003 shares of the company were exchanged, compared to its average volume of 873,204. Baillie Gifford Shin Nippon has a 1-year low of GBX 91.41 and a 1-year high of GBX 137.80. The company has a market cap of £338.50 million, a P/E ratio of -1,281.55 and a beta of 0.60. The company has a debt-to-equity ratio of 20.31, a current ratio of 0.13 and a quick ratio of 3.66. The stock's 50 day moving average price is GBX 129.24 and its 200-day moving average price is GBX 119.14.

Baillie Gifford Shin Nippon Company Profile

The Trust aims to achieve long-term capital growth principally through investment in small Japanese companies which are believed to have above-average prospects for capital growth. We invest in 40–80 attractively valued smaller companies that we believe offer good growth opportunities. The Trust is actively managed and will primarily consist of listed companies although up to 10% of total assets can be invested, at the time of initial investment, in unlisted investments, including private companies.