Earnings Per Share Attributable To Ordinary Equity Holders of The Parent

12 Months Ended

Dec. 31, 2022

Earnings/(loss) Per Share Attributable To Ordinary Equity Holders of The Parent

Earnings Per Share Attributable To Ordinary Equity Holders of The Parent

10.	EARNINGS PER SHARE ATTRIBUTABLE TO ORDINARY EQUITY HOLDERS OF THE PARENT

The Company’s ordinary shares are divided into Class A ordinary shares and Class B ordinary shares. Holders of Class A ordinary shares and Class B ordinary shares have the same rights except for voting and conversion rights. Each Class A ordinary share is entitled to one vote and is not convertible into Class B ordinary share under any circumstances. Each Class B ordinary share is entitled to twenty votes and is convertible into one Class A ordinary share at any time by the holder thereof.

The basic earnings per share attributable to Class A ordinary equity holders and Class B ordinary equity holders are calculated by dividing the profit for the year attributable to Class A ordinary equity holders and Class B ordinary equity holders of the parent by the number of Class A ordinary shares and Class B ordinary shares, respectively.

For the year ended December 31, 2020, the diluted earnings per share attributable to Class A ordinary equity holders and Class B ordinary equity holders are based on the profit for the year attributable to Class A ordinary equity holders a

d Class B ordinary equity holders of the parent, adjusted to reflect the interest on the convertible bond, net fair value change of derivative financial liability and the foreign exchange effect of the convertible bonds

of HK$7,717,348, HK$7,765,148 and HK$528,958,

respectively. The weighted average number of ordinary shares used in the calculation is the number of ordinary shares in issue during the year, as used in the basic earnings per share calculation plus the weighted average number of ordinary shares assumed to have been issued at on the deemed exercise or conversion of all dilutive potential ordinary shares into ordinary shares. For the year ended December 31, 2021 and 2022, the computation of diluted earnings per share has not taken into account the effect of convertible bond which is anti-dilutive.

Basic and diluted earnings per share for each of the periods presented are calculated as follows:


	For the year ended December 31,
	2020		2021		2022
Basic earnings per share:
Numerator:
Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (HK$)-basic Class A		249,206,548		299,742,816		513,186,052

Profit attributable to ordinary equity holders of the parent used in the basic earnings per share calculation (HK$)-basic Class B		810,766,722		796,709,268		596,821,469

Denominator:
Weighted average number of Class A ordinary shares outstanding—basic		57,474,495		62,327,851		138,490,789

Weighted average number of Class B ordinary shares outstanding—basic		186,987,093		165,665,944		160,959,872

Basic earnings per share (HK$) Class A		4.34		4.81		3.71

Basic earnings per share (HK$) Class B		4.34		4.81		3.71

Diluted earnings per share:
Numerator:
Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share calculation (HK$)-diluted Class A		248,629,790		299,742,816		513,186,052

Profit attributable to ordinary equity holders of the parent used in the diluted earnings per share calculation (HK$)-diluted Class B		810,766,722		796,709,268		596,821,469

Denominator:
Weighted average number of Class A ordinary shares outstanding—diluted		58,966,142		62,327,851		138,490,789
Weighted average number of Class B ordinary shares outstanding—diluted		186,987,093		165,665,944		160,959,872

Diluted earnings per share (HK$) Class A		4.22		4.81		3.71

Diluted earnings per share (HK$) Class B		4.34		4.81		3.71


	Number of shares
	For the year ended December 31,
	2020		2021		2022
Shares:
Weighted average number of Class A ordinary shares in issue during the year used in the basic earnings per share calculation		57,474,495		62,327,851		138,490,789
Effect of dilution – weighted average number of ordinary shares:
Convertible bond		1,491,647		—		—

		58,966,142		62,327,851		138,490,789

Weighted average number of Class B ordinary shares in issue during the year used in the basic earnings per share calculation		186,987,093		165,665,944		160,959,872
Effect of dilution – weighted average number of ordinary shares:
Convertible bond		—		—		—

		186,987,093		165,665,944		160,959,872

Other than disclosed above and disclosed elsewhere in these consolidated financial statements, there are no other outstanding potential dilutive shares

in issue.