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Earnings per share | 12 Months Ended
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Dec. 31, 2019
12. Earnings per share | Basic and diluted earnings per share are calculated by dividing the profit attributable to equity holders of the Company by the weighted average number of ordinary shares outstanding during the year. The weighted average ordinary shares outstanding were 236,180,071, 1,000,171,839 and 1,001,046,568 for 2017, 2018 and 2019, respectively. Prior to December 17, 2014, each American Depository Share (“ADS”) represented the right to receive four (4) ordinary shares, par value $0.00005 per share (the “Shares”), from December 18, 2014, the right to receive sixteen (16) Shares and from December 28, 2017, the right to receive forty-eight (48) Shares. Computation of basic and diluted earnings per share:
|  | 2017 Restated |  |  | 2018 |  |  | 2019 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Net profit attributable to the equity holders of the Company – numerator for basic and diluted earnings per share |  |  | 23,061 |  |  |  | 6,524 |  |  |  | 46,893 |
Number of shares in thousands |  |  |  |  |  |  |  |  |  |  |  |
Weighted average share outstanding – denominator for basic and diluted earnings per share |  |  | 236,180 |  |  |  | 1,000,172 |  |  |  | 1,001,047 |
Basic and diluted earnings per share |  |  | 0.10 |  |  |  | 0.01 |  |  |  | 0.05 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 33 -IssueDate 2019-01-01 -Section Disclosure -URI http://eifrs.ifrs.org/eifrs/xifrs-link?type=IAS&num=33&code=ifrs-tx-2019-en-r&doctype=Standard&dita_xref=IAS33_g70-73A_TI -URIDate 2019-03-27 + Details
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