Investment Trusts

JPMorgan China Growth & Income plc

JCGI:LSE

JPMorgan China Growth & Income plc

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  • Price (GBX)291.00
  • Today's Change-0.50 / -0.17%
  • Shares traded170.24k
  • 1 Year change+17.10%
  • Beta0.8902
Data delayed at least 20 minutes, as of Feb 16 2026 16:35 GMT.
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About the company

JPMorgan China Growth & Income plc is an investment trust company. The Company’s objective is to provide shareholders with long-term capital growth by investing in companies in Greater China (China, Hong Kong, and Taiwan). The Company's investment policy is to invest in companies in China, Hong Kong and Taiwan or which derive a part of their revenues or profits from these territories. This includes companies which are listed or issue American Depositary Receipts (ADRs) on other exchanges, including the United States. It invests approximately 15% of gross assets in other United Kingdom-listed investment companies (including investment trusts). It invests in various sectors, including consumer discretionary, communication services, information technology, industrials, financials, healthcare, real estate, consumer staples, utilities, materials, and energy. The Company's alternative investment fund manager is JPMorgan Funds Limited.

  • Revenue in GBP (TTM)49.53m
  • Net income in GBP46.02m
  • Incorporated1993
  • Employees0.00
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Profile

Management group(s)JP Morgan Asset Management (UK) Ltd
AIC sectorChina / Greater China
ISINGB0003435012
Launch date19 Oct 1993
Share typeOrdinary Share
StructureInvestment Trust
Base currencyGBP

Objective

To provide long-term capital growth by investment in companies associated within Greater China. To invest in companies which are quoted on the stock exchanges of Hong Kong, it aims to outperform the MSCI China Index total return, with net dividends reinvested, in sterling terms. The number of investments in the Company will normally range between 45 and 85.

Managed by

Shumin Huang, Rebecca Jiang, Li Tan

Management & contract fees

Company's management fee is 0.80% for the first tier of up to £400 million of net assets and 0.75% thereafter.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Tufton Assets Ltd-23.29m-26.45m223.34m0.00--0.7984-----0.1375-0.1375-0.1171.43-0.079-------8.9711.63-8.9911.69--93.15--91.61----0.0054.81-139.46---147.46----21.59
Baronsmead Second Venture Trust PLC8.32m2.57m225.16m0.00113.490.9803--27.070.00470.00470.02060.54070.0368--4.57--1.141.381.151.3939.7241.8030.8834.05----0.00564.61-55.82-8.10-80.38-19.71---9.25
Mid Wynd International Invest Trust PLC-17.04m-19.80m225.62m0.00--0.9619-----0.4616-0.4616-0.37487.61-0.0477-------5.544.67-5.564.76--90.48--85.11----0.0023.94-131.07---138.01----6.41
Baillie Gifford UK Growth Trust PLC37.57m34.22m226.52m0.007.130.8686--6.030.27760.27760.28832.280.1234--38.22--11.253.8712.284.0192.8485.3291.1081.93----0.0050.73494.74--4,245.24----12.95
B.P. Marsh & Partners plc117.54m104.43m232.76m17.002.400.68292.221.982.692.693.039.460.3754--9.836,913,941.0033.3519.7033.4619.90----88.8582.33----0.00097.02125.4047.05133.9651.3515.7443.61
Ecofin Glbl Utlits and Infrstrc Trst PLC39.02m32.92m235.35m0.008.041.02--6.030.31220.31220.36532.460.1388--17.65--11.719.4713.1710.7791.3987.3784.3782.09----0.090535.37-30.38---34.52----5.35
Literacy Capital PLC7.39m-1.78m238.89m0.00--0.7632--32.31-0.0304-0.03040.12275.200.0216--20.49---0.5198---0.5298--50.44---24.03----1.120.1079---92.97-20.63-108.79------
Fintel PLC85.00m6.20m239.64m617.0038.652.3518.722.820.05950.05950.81590.9780.5102--6.07137,763.403.907.014.708.26----7.6514.21--10.380.283635.8720.654.52-16.90-7.1417.34-3.04
Jpmorgan China Growth & Income PLC49.53m46.02m241.99m0.005.271.05--4.890.55310.55310.59522.790.2225--72.46--20.68-2.1421.10-2.3094.77--92.93------0.00--127.25-23.65114.64-28.87--34.59
Schroder Income Growth Fund PLC23.79m20.37m242.43m0.0012.141.03--10.190.29570.29570.34463.470.0906--13.34--7.769.718.7110.9988.4091.5585.6489.47----0.099140.72-41.90---45.41----3.13
Odyssean Investment Trust PLC320.00k-2.09m245.71m0.00--1.07--767.84-0.02-0.020.00241.670.0014--0.3284---0.93293.86-0.93863.92-518.7569.38-652.8165.14----0.000.00-395.44---248.89------
Schroder UK Mid Cap Fund PLC28.93m25.29m250.80m0.0010.120.9835--8.670.73340.73340.83747.540.1057--4.83--9.237.5010.088.0590.2588.9087.4086.02----0.061633.54-27.90---30.54----10.99
Biotech Growth Trust PLC-17.22m-21.35m251.78m0.00--1.09-----0.2828-0.2828-0.619311.17-0.0495-------6.13-2.37-6.98-2.59------------0.097---197.25---210.81------
Pembroke VCT PLC9.00m3.11m252.12m0.0079.170.9289--28.020.01160.01160.03660.99050.0371--44.76--1.281.951.291.9744.4856.6834.5742.31----0.00221.94216.48--104.23------
Abrdn UK Smlr Cmpn Grth Trst PLC22.86m17.14m254.26m0.0020.390.891--11.120.25400.25400.33125.810.0534--13.09--4.002.164.442.3178.4271.4275.0066.08----0.100274.65-63.3259.88-69.68----11.38
Sherborne Investors (Guernsey) C Ltd-42.58m-43.43m254.29m0.00--0.6697-----0.0621-0.0621-0.06090.5823-0.0989-------10.09-3.81-10.09-3.81------------0.00---373.55---393.49------
Data as of Feb 16 2026. Currency figures normalised to JPMorgan China Growth & Income plc's reporting currency: UK Pound GBX

Institutional shareholders

44.45%Per cent of shares held by top holders
HolderShares% Held
City of London Investment Management Co. Ltd.as of 10 Feb 202618.30m22.03%
Bill & Melinda Gates Foundation Trust (Investment Management)as of 02 Feb 20264.17m5.02%
Lazard Asset Management LLCas of 02 Feb 20264.02m4.84%
Hargreaves Lansdown Fund Managers Ltd.as of 02 Feb 20263.49m4.21%
Allspring Global Investments LLCas of 02 Feb 20261.80m2.17%
TrinityBridge Ltd.as of 02 Feb 20261.18m1.42%
Rathbones Investment Management Ltd.as of 02 Feb 20261.13m1.35%
Barnett & Co., Inc.as of 02 Feb 20261.04m1.25%
BlackRock Investment Management (UK) Ltd.as of 02 Feb 2026949.29k1.14%
Craigs Investment Partners Ltd. (Investment Management)as of 02 Feb 2026842.01k1.01%
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Data from 30 Sep 2025 - 02 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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