Baillie Gifford China Growth Trust (CHIX:BGCGL) Return-on-Tangible-Equity: 31.11% (As of Jan. 2026) — 205% Above Median


CHIX:BGCGL Baillie Gifford China Growth Trust PLC CHIX:BGCGL
31 GF Score
Price £2.25
! 4 Warning Signs
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What is Baillie Gifford China Growth Trust Return-on-Tangible-Equity?

Baillie Gifford China Growth Trust CHIX:BGCGL 31 Return-on-Tangible-Equity is 31.11% as of Jan. 2026, which is 205% above its 10-year median of 10.21. GuruFocus rates CHIX:BGCGL with a GF Score™ of 31/100. The stock has 4 warning signs investors should review. Among 1,588 Asset Management companies, Baillie Gifford China Growth Trust ranks better than 86.46% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Baillie Gifford China Growth Trust's annualized net income for the quarter that ended in Jan. 2026 was £57.41 Mil. Baillie Gifford China Growth Trust's average shareholder tangible equity for the quarter that ended in Jan. 2026 was £184.54 Mil. Therefore, Baillie Gifford China Growth Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 was 31.11%.

The historical rank and industry rank for Baillie Gifford China Growth Trust's Return-on-Tangible-Equity or its related term are showing as below:

CHIX:BGCGl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -51.45   Med: 10.21   Max: 29.66
Current: 29.04

During the past 13 years, Baillie Gifford China Growth Trust's highest Return-on-Tangible-Equity was 29.66%. The lowest was -51.45%. And the median was 10.21%.

CHIX:BGCGl's Return-on-Tangible-Equity is ranked better than
86.46% of 1588 companies
in the Asset Management industry
Industry Median: 7.19 vs CHIX:BGCGl: 29.04

Baillie Gifford China Growth Trust  (CHIX:BGCGl) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Baillie Gifford China Growth Trust Return-on-Tangible-Equity Related Terms


Baillie Gifford China Growth Trust Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Baillie Gifford China Growth Trust's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Baillie Gifford China Growth Trust Return-on-Tangible-Equity Chart

Baillie Gifford China Growth Trust Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.06 -5.93 -51.45 29.66 28.83

Baillie Gifford China Growth Trust Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -63.39 19.54 40.44 26.92 31.11

CHIX:BGCGL vs BLK, BX, KKR: Return-on-Tangible-Equity Comparison

For the Asset Management subindustry, Baillie Gifford China Growth Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baillie Gifford China Growth Trust Return-on-Tangible-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford China Growth Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Baillie Gifford China Growth Trust's Return-on-Tangible-Equity falls into.


CHIX:BGCGL
31GF Score
Baillie Gifford China Growth Trust PLC CHIX:BGCGL
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Baillie Gifford China Growth Trust Return-on-Tangible-Equity Calculation

Baillie Gifford China Growth Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=50.545/( (153.099+197.595 )/ 2 )
=50.545/175.347
=28.83 %

Baillie Gifford China Growth Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=57.406/( (171.491+197.595)/ 2 )
=57.406/184.543
=31.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Jan. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 31.11% mean?
Baillie Gifford China Growth Trust (CHIX:BGCGL) has a Return-on-Tangible-Equity of 31.11% as of Jan. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Baillie Gifford China Growth Trust and its competitors. This is 205% above median its historical median of 10.21. According to the industry distribution chart, Baillie Gifford China Growth Trust ranks #215 out of 1588 companies in the Asset Management industry, placing it in the top 13.5%.
Is Baillie Gifford China Growth Trust's Return-on-Tangible-Equity too high?
Baillie Gifford China Growth Trust's current Return-on-Tangible-Equity of 31.11% is 205% above median its 10-year median of 10.21. The Asset Management industry median Return-on-Tangible-Equity is 7.19. Baillie Gifford China Growth Trust's value of 31.11% is 332.7% above this industry median. Based on the distribution chart, Baillie Gifford China Growth Trust ranks #215 out of 1588 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Baillie Gifford China Growth Trust has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Baillie Gifford China Growth Trust's Return-on-Tangible-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Baillie Gifford China Growth Trust ranks #215 out of 1588 companies for Return-on-Tangible-Equity. This places Baillie Gifford China Growth Trust in the top 14% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 7.19. Baillie Gifford China Growth Trust's value of 31.11% is 332.7% above this benchmark. While the company's 10-year median is 10.21 vs. the industry median of 7.19, Baillie Gifford China Growth Trust has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Asset Management company?
The median Return-on-Tangible-Equity among Asset Management companies is 7.19, based on 1,588 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Baillie Gifford China Growth Trust's current Return-on-Tangible-Equity of 31.11% is 332.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Baillie Gifford China Growth Trust and its competitors. For the Asset Management industry, the median Return-on-Tangible-Equity is 7.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baillie Gifford China Growth Trust's current Return-on-Tangible-Equity is 31.11%, which is 205% above median its own 10-year median of 10.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baillie Gifford China Growth Trust stock overvalued right now?
Baillie Gifford China Growth Trust (CHIX:BGCGL) has a current Return-on-Tangible-Equity of 31.11%. The current Return-on-Tangible-Equity is 31.11%, which is 205% above median its 10-year median of 10.21 and 332.7% above the Asset Management industry median of 7.19. Baillie Gifford China Growth Trust's overall GF Score™ is 31/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Baillie Gifford China Growth Trust (CHIX:BGCGL), the current Return-on-Tangible-Equity is 31.11% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Baillie Gifford China Growth Trust Business Description

Other Exchanges BGCG:UK
Address 1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Baillie Gifford China Growth Trust PLC is an asset management firm that has assets under management and advice. It aims to produce long-term capital growth by investing predominantly in shares of, or depositary receipts representing the shares of, Chinese companies. It has a single segment of business, being an investment business.
31GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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