14. | EARNINGS PER SHARE |
Basic earnings per share for the years ended December 31, 2015, 2016 and 2017 were computed by dividing the income attributable to equity shareholders of the Company by the weighted average number of ordinary shares outstanding during the years.
Diluted earnings per share for the years ended December 31, 2015, 2016 and 2017 were computed by dividing the income attributable to equity shareholders of the Company by the weighted average number of ordinary shares outstanding during the years, after adjusting for the effects of the dilutive potential ordinary shares. No dilutive potential ordinary shares for the years ended December 31, 2015, 2016 and 2017.
The | following table sets forth the computation of basic and diluted earnings per share: |
Note | 2015 | 2016 | 2017 | |||||||||||||
Numerator (in RMB millions): |
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Income attributable to equity shareholders of the Company used in computing basic/diluted earnings per share |
10,562 | 625 | 1,828 | |||||||||||||
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Denominator (in millions): |
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Weighted average number of ordinary shares outstanding used in computing basic/diluted earnings per share |
(i | ) | 23,947 | 23,947 | 24,567 | |||||||||||
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Basic/Diluted earnings per share (in RMB) |
0.44 | 0.03 | 0.07 | |||||||||||||
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(i) | Weighted average number of ordinary shares |
2015 | 2016 | 2017 | ||||||||||
(in millions) | (in millions) | (in millions) | ||||||||||
Issued ordinary shares at January 1 |
23,947 | 23,947 | 23,947 | |||||||||
Effect of shares issued |
— | — | 620 | |||||||||
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Weighted average number of ordinary shares at December 31 |
23,947 | 23,947 | 24,567 | |||||||||
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