Baillie Gifford China Growth Trust PLC (BGCG) - Net Assets

Latest as of January 2026: GBX197.59 Million GBX ≈ $24.04K USD

Based on the latest financial reports, Baillie Gifford China Growth Trust PLC (BGCG) has net assets worth GBX197.59 Million GBX (≈ $24.04K USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX205.95 Million ≈ $25.06K USD) and total liabilities (GBX8.36 Million ≈ $1.02K USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Read Baillie Gifford China Growth Trust PLC debt and liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX197.59 Million
% of Total Assets	95.94%
Annual Growth Rate	-0.27%
5-Year Change	-9.91%
10-Year Change	-9.17%
Growth Volatility	19.54

Baillie Gifford China Growth Trust PLC - Net Assets Trend (2004–2026)

This chart illustrates how Baillie Gifford China Growth Trust PLC's net assets have evolved over time, based on quarterly financial data. Also explore Baillie Gifford China Growth Trust PLC balance sheet assets for the complete picture of this company's asset base.

Annual Net Assets for Baillie Gifford China Growth Trust PLC (2004–2026)

The table below shows the annual net assets of Baillie Gifford China Growth Trust PLC from 2004 to 2026. For live valuation and market cap data, see Baillie Gifford China Growth Trust PLC stock valuation.

Year	Net Assets	Change
2026-01-31	GBX197.59 Million ≈ $24.04K	+29.06%
2025-01-31	GBX153.10 Million ≈ $18.63K	+28.21%
2024-01-31	GBX119.41 Million ≈ $14.53K	-41.45%
2023-01-31	GBX203.94 Million ≈ $24.81K	-7.02%
2022-01-31	GBX219.34 Million ≈ $26.69K	-19.19%
2021-01-31	GBX271.42 Million ≈ $33.02K	+22.15%
2020-01-31	GBX222.21 Million ≈ $27.04K	+0.76%
2019-01-31	GBX220.53 Million ≈ $26.83K	-10.09%
2018-01-31	GBX245.28 Million ≈ $29.84K	+12.76%
2017-01-31	GBX217.53 Million ≈ $26.47K	+27.30%
2016-01-31	GBX170.88 Million ≈ $20.79K	-7.47%
2015-01-31	GBX184.68 Million ≈ $22.47K	+14.80%
2014-01-31	GBX160.86 Million ≈ $19.57K	-7.35%
2013-01-31	GBX173.63 Million ≈ $21.13K	+11.27%
2012-01-31	GBX156.05 Million ≈ $18.99K	-5.01%
2011-01-31	GBX164.28 Million ≈ $19.99K	+24.49%
2010-01-31	GBX131.97 Million ≈ $16.06K	+30.57%
2009-01-31	GBX101.07 Million ≈ $12.30K	-20.78%
2008-01-31	GBX127.58 Million ≈ $15.52K	-3.75%
2007-01-31	GBX132.55 Million ≈ $16.13K	-14.79%
2006-01-31	GBX155.55 Million ≈ $18.93K	-21.90%
2005-01-31	GBX199.18 Million ≈ $24.23K	-5.10%
2004-01-31	GBX209.88 Million ≈ $25.54K	--

Equity Component Analysis

This analysis shows how different components contribute to Baillie Gifford China Growth Trust PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 743700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (January 2026)

Component	Amount	Percentage
Retained Earnings	GBX7.44 Million	3.76%
Common Stock	GBX17.09 Million	8.65%
Other Comprehensive Income	GBX173.07 Million	87.59%
Total Equity	GBX197.59 Million	100.00%

Baillie Gifford China Growth Trust PLC Competitors by Market Cap

The table below lists competitors of Baillie Gifford China Growth Trust PLC ranked by their market capitalization.

Company	Market Cap
Qiiwi Games AB (publ) ST:QIIWI	$2.07 Million
Greenwave Technology Solutions Inc. Common Stock NASDAQ:GWAV	$2.07 Million
Keystone Law Group PLC LSE:KEYS	$2.08 Million
Sonoma Pharmaceuticals Inc NASDAQ:SNOA	$2.08 Million
BioRestorative Therapies Inc NASDAQ:BRTX	$2.07 Million
Enveric Biosciences Inc NASDAQ:ENVB	$2.07 Million
Fonix Mobile plc LSE:FNX	$2.06 Million
Careteq Ltd AU:CTQ	$2.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Baillie Gifford China Growth Trust PLC's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 153,099,000 to 197,595,000, a change of 44,496,000 (29.1%).
Net income of 50,545,000 contributed positively to equity growth.
Dividend payments of 1,290,000 reduced retained earnings.
Share repurchases of 4,759,000 reduced equity.
Other comprehensive income increased equity by 75,832,000.
Other factors decreased equity by 75,832,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	GBX50.55 Million	+25.58%
Dividends Paid	GBX1.29 Million	-0.65%
Share Repurchases	GBX4.76 Million	-2.41%
Other Comprehensive Income	GBX75.83 Million	+38.38%
Other Changes	GBX-75.83 Million	-38.38%
Total Change	GBX-	29.06%

Book Value vs Market Value Analysis

This analysis compares Baillie Gifford China Growth Trust PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 90.76x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 250.94x to 90.76x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-01-31	GBX1.23	GBX308.00	x
2005-01-31	GBX1.22	GBX308.00	x
2006-01-31	GBX1.43	GBX308.00	x
2007-01-31	GBX1.62	GBX308.00	x
2008-01-31	GBX1.81	GBX308.00	x
2009-01-31	GBX1.51	GBX308.00	x
2010-01-31	GBX1.99	GBX308.00	x
2011-01-31	GBX2.48	GBX308.00	x
2012-01-31	GBX2.36	GBX308.00	x
2013-01-31	GBX2.63	GBX308.00	x
2014-01-31	GBX2.42	GBX308.00	x
2015-01-31	GBX2.79	GBX308.00	x
2016-01-31	GBX2.59	GBX308.00	x
2017-01-31	GBX3.32	GBX308.00	x
2018-01-31	GBX3.85	GBX308.00	x
2019-01-31	GBX3.50	GBX308.00	x
2020-01-31	GBX3.60	GBX308.00	x
2021-01-31	GBX5.22	GBX308.00	x
2022-01-31	GBX3.60	GBX308.00	x
2023-01-31	GBX3.29	GBX308.00	x
2024-01-31	GBX1.93	GBX308.00	x
2025-01-31	GBX2.54	GBX308.00	x
2026-01-31	GBX3.39	GBX308.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Baillie Gifford China Growth Trust PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 25.58%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 96.33%
• Asset Turnover: 0.25x
• Equity Multiplier: 1.04x
Recent ROE (25.58%) is above the historical average (4.01%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	26.57%	95.80%	0.24x	1.16x	GBX34.78 Million
2005	4.58%	79.34%	0.05x	1.08x	GBX-10.80 Million
2006	26.70%	94.12%	0.27x	1.04x	GBX25.98 Million
2007	0.14%	7.81%	0.02x	1.03x	GBX-13.07 Million
2008	4.27%	73.84%	0.06x	1.04x	GBX-7.31 Million
2009	-23.31%	0.00%	-0.21x	1.05x	GBX-33.66 Million
2010	24.89%	94.38%	0.25x	1.07x	GBX19.65 Million
2011	20.60%	93.43%	0.21x	1.04x	GBX17.41 Million
2012	-4.12%	0.00%	-0.02x	1.06x	GBX-22.03 Million
2013	12.62%	95.02%	0.13x	1.06x	GBX4.55 Million
2014	-6.90%	0.00%	-0.06x	1.06x	GBX-26.99 Million
2015	15.05%	96.41%	0.16x	1.01x	GBX9.30 Million
2016	-6.08%	0.00%	-0.05x	1.01x	GBX-27.40 Million
2017	23.75%	97.77%	0.24x	1.01x	GBX29.83 Million
2018	14.67%	96.50%	0.15x	1.01x	GBX11.41 Million
2019	-8.28%	0.00%	-0.08x	1.01x	GBX-40.21 Million
2020	4.85%	87.68%	0.06x	1.01x	GBX-11.44 Million
2021	24.16%	123.55%	0.19x	1.02x	GBX38.43 Million
2022	-38.10%	0.00%	-0.01x	1.04x	GBX-105.51 Million
2023	-6.15%	0.00%	-0.07x	1.03x	GBX-32.94 Million
2024	-69.66%	0.00%	-0.09x	1.05x	GBX-95.12 Million
2025	26.40%	98.07%	0.26x	1.04x	GBX25.10 Million
2026	25.58%	96.33%	0.25x	1.04x	GBX30.79 Million

Industry Comparison

This section compares Baillie Gifford China Growth Trust PLC's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $745,852,800
Average return on equity (ROE) among peers: 2.99%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Baillie Gifford China Growth Trust PLC (BGCG)	GBX197.59 Million	26.57%	0.04x	$2.07 Million
3I Infrastructure PLC (3IN)	$1.20 Billion	4.98%	0.15x	$42.14 Million
Albion Enterprise VCT PLC (AAEV)	$61.87 Million	11.55%	0.03x	$3.29 Million
abrdn Asian Income Fund Limited (AAIF)	$431.87 Million	14.17%	0.08x	$5.17 Million
Abrdn Asia Focus PLC (AAS)	$98.67 Million	9.82%	0.09x	$7.49 Million
Albion Technology & General VCT PLC (AATG)	$64.83 Million	5.63%	0.01x	$3.22 Million
Abrdn PLC (ABDN)	$4.56 Billion	10.22%	39.48x	$45.21 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG)	$426.87 Million	6.29%	0.20x	$450.86K
Aquila Energy Efficiency Trust PLC (AEET)	$69.67 Million	-2.91%	0.02x	$261.59K
Aquila European Renewables Income PLC (AERI)	$372.54 Million	-8.03%	0.00x	$79.35 Million
Artemis UK Future Leaders plc (AFL)	$174.91 Million	-21.80%	0.02x	$415.29

About Baillie Gifford China Growth Trust PLC

LSE:BGCG UK Asset Management

Market Cap

$2.07 Million

GBX17.02 Billion GBX

Market Cap Rank

#29652 Global

#668 in UK

Share Price

GBX308.00

Change (1 day)

-1.28%

52-Week Range

GBX242.00 - GBX322.00

All Time High

GBX609.95