EX-11 2 0002.txt COMPUTATION OF EARNINGS PER COMMON SHARE EXHIBIT 11 ---------- SUNBASE ASIA, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER COMMON SHARE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 1999 and 2000 (Amounts in thousands, except number of shares and per share data)
Six Months Ended June 30 Three Months Ended June 30 ------------------------ -------------------------- 1999 2000 2000 1999 2000 2000 RMB RMB US$ RMB RMB US$ ----------- ----------- ----------- ----------- ----------- ----------- BASIC Net income/(loss) from continuing operations (28,928) (18,178) (2,197) (13,743) (357) (43) Net loss from discontinued operations, net of income taxes (12,663) - - (12,209) - - ----------- ----------- ----------- ----------- ----------- ----------- (41,591) (18,178) (2,197) (25,952) (357) (43) =========== =========== =========== =========== =========== =========== Weighted average number of shares of Common Stock outstanding: Shares of common stock outstanding 14,118,751 14,118,867 14,118,867 14,118,751 14,118,867 14,118,867 =========== =========== =========== =========== =========== =========== Loss per common share: Basic and diluted income/(loss) from continuing operations (2.05) (1.29) (0.16) (0.97) (0.02) (0.003) =========== =========== =========== =========== =========== =========== Basic and diluted Net income /(loss) (2.95) (1.29) (0.16) (1.84) (0.02) (0.003) =========== =========== =========== =========== =========== ===========
40 COMPUTATION OF EARNINGS PER COMMON SHARE THREE MONTHS AND SIX MONTHS ENDED JUNE 30, 1999 and 2000 (Amounts in thousands, except number of shares and per share data) Weighted average number of shares of Common stock outstanding: Shares of common stock outstanding 14,118,751 14,118,751 14,118,751 14,118,751 14,118,751 14,118,751 Shares of common stock issuable Assuming conversion of the Convertible Preferred Stock - Series A - - - - - - - Series B - - - - - - Shares of common issuable assuming conversion of the convertible debentures on August 23, 1996 - - - - - - Share issued as a result of reverse stock split - 116 116 - 116 116 ---------- ---------- ---------- ---------- ---------- ---------- Total weighted average number of shares of common stock and common stock equivalents outstanding 14,118,751 14,118,867 14,118,867 14,118,751 14,118,867 14,118,867 ========== ========== ========== ========== ========== ==========
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