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Cash

£260K

lowest in 4 filed years

Net assets

£246M

Equity attributable

Employees

Average over period

Profit before tax

-£26M

Period ending 2026-03-31

Accounts

4-year trend · Δ = latest vs prior filed period · latest reflected 2026-03-31

Metric Trend 2024-09-302025-03-312025-09-302026-03-31 Δ vs prior
Turnover £4,442,000£4,796,000
Operating profit £3,360,000£9,617,000£64,675,000-£25,756,000
Profit before tax £3,090,000£9,166,000£63,743,000-£26,411,000
Net profit £2,823,000£9,116,000£63,465,000-£26,450,000
Cash £2,291,000£4,739,000£690,000£260,000
Total assets less current liabilities £224,128,000£231,969,000£281,465,000£246,472,000
Net assets £227,396,000£231,969,000£281,465,000£246,472,000
Equity £227,396,000£231,969,000£281,465,000£246,472,000
Average employees
Wages
Directors' remuneration £144,880£161,469

Values shown as filed in the company's annual accounts. indicates the figure wasn't present under that line item in that period. The Δ column is the change from the prior filed period as a percentage of |prior|; lines a company doesn't report show . Year-on-year comparison hidden: this filing covers about 6 months versus 12 months prior. About these numbers

Ratios

Computed from the line items above — sparklines read oldest → newest

Ratio Trend 2024-09-302025-03-312025-09-302026-03-31
Operating margin 75.6%
Net margin 63.6%
Return on capital employed 1.5%4.1%23.0%-10.4%
Gearing (liabilities / total assets) 0.0%3.4%1.4%2.3%
Current ratio 0.29x2.12x2.50x22.73x
Interest cover 12.17x21.32x69.39x-39.32x

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Margin ratios are hidden where reported turnover is too small relative to profit to yield a meaningful figure — typical of holding companies whose income is mostly subsidiary dividends rather than trading revenue. Sector-distribution context coming next.

Name history

Renamed 3 times since incorporation

  1. JPMORGAN CHINA GROWTH & INCOME PLC 2020-02-04 → present
  2. JPMORGAN CHINESE INVESTMENT TRUST PLC 2005-12-14 → 2020-02-04
  3. JPMORGAN FLEMING CHINESE INVESTMENT TRUST PLC 2001-12-13 → 2005-12-14
  4. THE FLEMING CHINESE INVESTMENT TRUST PLC 1993-09-10 → 2001-12-13

Audit & accounting basis

Accounting basis
FRS 102
Reporting scope
Standalone (parent only)
Auditor
BDO LLP
Audit opinion
Unqualified (clean)
Going concern
Affirmed

“The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for at least 12 months from the date of approval of these condensed financial statements. Accordingly, the Directors consider it appropriate to adopt the going concern basis of accounting in preparing these condensed financial statements.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

People

6 active · 22 resigned

Name Role Appointed Born Nationality
JPMORGAN FUNDS LIMITED Corporate Secretary 2014-07-01
BANNERMAN, Nicholas Alastair Charles Director 2025-01-24 Feb 1966 British
GRAHAM, David Rowley Director 2017-05-01 Dec 1955 British
MACKESY, Alexandra Jane Director 2018-07-27 Jun 1962 British
SEHGAL, Aditya Director 2021-10-01 Jul 1971 British
WONG, Joanne Director 2021-06-01 Jan 1970 British,Hong Konger
Show 22 resigned officers
Name Role Appointed Resigned
FLEMING INVESTMENT TRUST MANAGEMENT LIMITED Corporate Secretary 1993-09-10 2000-06-01
JPMORGAN ASSET MANAGEMENT (UK) LIMITED Corporate Secretary 2000-06-01 2014-07-01
BURNS, Robert Andrew, Sir Director 2003-12-16 2016-01-25
GLEDHILL, David Anthony Director 1996-02-05 1998-12-08
HENDERSON, Ronald Sinclair Director 1993-09-10 1993-09-21
KINLOCH, David Oliphant, Sir Director 1994-04-19 2004-04-27
KNIGHT, Christopher William Director 2004-04-27 2018-01-26
KOO, Irving Yee Yin Director 2005-02-01 2015-01-26
LUE, Abraham Sek-Tong, Doctor Director 1993-09-13 2004-12-13
MACKENZIE, John Director 1999-05-06 2002-04-17
MATTHEWS, Kathryn Ann Director 2010-07-01 2019-01-28
MELVILLE, Nigel Edward Director 1997-02-06 2011-12-16
MILES, Henry Michael Pearson Director 1993-09-21 1994-04-19
MISSELBROOK, John Director 2012-07-23 2022-01-28
PATERSON, David Ronald George Director 1993-09-13 2003-12-16
PROWSE, Nicholas Geoffrey Director 1993-09-10 1993-09-21
TAN, Siew Boi Director 2021-08-02 2024-01-26
TAO, Shing Pee Director 1993-09-13 1996-02-05
THOMAS, Robert Heriot Lindsay Director 1993-09-13 1996-09-26
WONG, Oscar Sai Hung Director 2014-08-01 2021-07-27
WU, Edward James Director 2004-02-24 2004-04-27
ZHAO, Yujiang Director 2005-02-01 2012-02-09

Ownership

Persons with significant control

No persons with significant control on record.

Filing timeline

Last 20 of 532 total filings

Material constitutional events — rename, articles re-file, resolution

  • 2026-02-20 MA Memorandum articles
  • 2026-02-20 RESOLUTIONS Resolution
  • 2025-02-03 RESOLUTIONS Resolution
  • 2024-02-25 RESOLUTIONS Resolution
Date Type Category Description
2026-06-24 AA accounts Accounts with accounts type interim
2026-05-13 SH03 capital Capital return purchase own shares treasury capital date
2026-05-13 SH03 capital Capital return purchase own shares treasury capital date
2026-03-28 AA accounts Accounts with accounts type full
2026-02-20 MA incorporation Memorandum articles
2026-02-20 RESOLUTIONS resolution Resolution
2025-09-12 CS01 confirmation-statement Confirmation statement with updates PDF
2025-09-09 SH03 capital Capital return purchase own shares treasury capital date
2025-08-21 CH01 officers Change person director company with change date PDF
2025-06-30 SH03 capital Capital return purchase own shares treasury capital date
2025-06-17 AA accounts Accounts with accounts type interim
2025-02-03 RESOLUTIONS resolution Resolution
2025-01-31 AP01 officers Appoint person director company with name date PDF
2024-12-19 AA accounts Accounts with accounts type full
2024-09-12 CS01 confirmation-statement Confirmation statement with no updates PDF
2024-06-26 AD02 address Change sail address company with old address new address PDF
2024-06-25 AD04 address Move registers to registered office company with new address PDF
2024-06-19 AA accounts Accounts with accounts type interim
2024-04-22 AA accounts Accounts with accounts type full
2024-02-25 RESOLUTIONS resolution Resolution

Public-record activity

Raw counts from Companies House — last 12–24 months

Filings
9

last 12 months

Capital events
4

last 24 months

Officers appointed
0

last 12 months

Officers resigned
0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

Official Companies House page