XML 39 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
(LOSS) EARNINGS PER SHARE
12 Months Ended
Dec. 31, 2017
(LOSS) EARNINGS PER SHARE  
(LOSS) EARNINGS PER SHARE

 

13.(LOSS) EARNINGS PER SHARE

 

The calculation of the basic and diluted (loss) earnings per share attributable to the owners of the Company is based on the following data:

 

 

 

Year ended December 31,

 

 

 

2015

 

2016

 

2017

 

 

 

Thousand USD

 

Thousand USD

 

Thousand USD

 

(Loss) profit

 

 

 

 

 

 

 

(Loss) profit for the purpose of basic and diluted (loss) earnings per share

 

(1,397

)

3,784

 

(33,171

)

 

 

 

 

 

 

 

 

 

 

 

Year ended December 31,

 

 

 

2015

 

2016

 

2017

 

 

 

 

 

 

 

 

 

Number of shares

 

 

 

 

 

 

 

Weighted average number of ordinary share outstanding- basic and diluted

 

387,517,503

 

401,602,159

 

418,314,541

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net (loss) earnings per share

 

0.00

 

0.01

 

(0.1

)

Diluted net (loss) earnings per share

 

0.00

 

0.01

 

(0.1

)

 

 

 

 

 

 

 

 

 

For the year ended December 31, 2015, diluted loss per share are the same as basic loss per share as the Company did not have any equity instruments that have dilutive effect on loss per share during the periods presented.

 

For the year ended December 31, 2016 and 2017, diluted net income (loss) per share does not include the 330,000 share options, of which the exercise price is higher than the average market price, as their inclusion would be anti-dilutive.

 

For the year ended December 31, 2016, diluted net income (loss) per share does not include the 330,000 share options, of which the exercise price is higher than the average market price, or 1,430,000 unvested restricted shares, of which assumed exercise price is higher than the average market price for year ended December 31, 2016, as their inclusion would be anti-dilutive.

 

For the year ended December 31, 2017, diluted net income (loss) per share does not include the 220,000 share options, of which the exercise price is higher than the average market price, or 940,000 unvested restricted shares, of which assumed exercise price is higher than the average market price for year ended December 31, 2017, as their inclusion would be anti-dilutive.

 

The following potential ordinary shares are anti-dilutive and are therefore excluded from the weighted average number of ordinary shares for the purpose of diluted loss per share.

 

 

 

Year ended December 31,

 

 

 

2015

 

2016

 

2017

 

Options

 

330,000

 

330,000

 

220,000

 

Non-vested restricted shares

 

1,900,000

 

950,000

 

940,000

 

 

 

 

 

 

 

 

 

 

 

2,230,000

 

1,280,000

 

1,160,000