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Earnings per share
12 Months Ended
Dec. 31, 2017
Text Block1 [Abstract]  
Earnings per share
10. Earnings per share

Basic earnings per share amounts are calculated by dividing the profit for the year attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the year.

Diluted earnings per share amounts are calculated by dividing the profit attributable to ordinary equity holders of the parent by the weighted average number of ordinary shares outstanding during the year plus the weighted average number of ordinary shares that would be issued on conversion of all the dilutive potential ordinary shares into ordinary shares.

Basic earnings per share

The calculation of basic earnings per share is based on:

 

     31.12.2015      31.12.2016      31.12.2017      31.12.2017  
     RMB’000      RMB’000      RMB’000      US$’000  

Profit attributable to ordinary equity holders of the parent

     341,108        515,737        953,922        150,713  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted average number of ordinary shares

     38,712,282        40,016,808        40,764,569        40,764,569  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share

The weighted average number of ordinary shares adjusted for the effect of unissued ordinary shares under the Share Option Scheme is determined as follows:

 

     31.12.2015      31.12.2016      31.12.2017  

Weighted average number of shares issued, used in the calculation of basic earnings per share

     38,712,282        40,016,808        40,764,569  

Diluted effect of share options

     —          —          —    
  

 

 

    

 

 

    

 

 

 

Weighted average number of ordinary shares adjusted for effect of dilution

     38,712,282        40,016,808        40,764,569  
  

 

 

    

 

 

    

 

 

 

In 2017, 470,000 (2016: 530,000; 2015: 570,000) share options granted to employees under the existing employee share option plan have not been included in the calculation of diluted earnings per share because they are anti-dilutive.