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

Baillie Gifford China Growth Trust (LON:BGCG) issued its quarterly earnings results on Tuesday. The company reported GBX 2.53 ($0.03) earnings per share for the quarter, Digital Look Earnings reports. Baillie Gifford China Growth Trust had a net margin of 107.60% and a negative return on equity of 26.72%.

Baillie Gifford China Growth Trust Stock Performance

Shares of LON BGCG traded up GBX 3 ($0.04) during mid-day trading on Wednesday, hitting GBX 270 ($3.49). The company had a trading volume of 127,104 shares, compared to its average volume of 162,114. Baillie Gifford China Growth Trust has a 12 month low of GBX 175.78 ($2.27) and a 12 month high of GBX 285.88 ($3.70). The firm has a market cap of £157.50 million, a P/E ratio of -4.96 and a beta of 0.55. The business’s 50-day simple moving average is GBX 258.12 and its 200-day simple moving average is GBX 233.81. The company has a debt-to-equity ratio of 4.63, a current ratio of 0.41 and a quick ratio of 0.38.

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.