v2.4.0.6

Earnings Per Share | 12 Months Ended
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Dec. 31, 2011
Earnings Per Share |
18. | EARNINGS PER SHARE
Computation of basic earnings per share and diluted earnings per share are as follows:
|  | December 31 |
|  | 2009 |  |  | 2010 |  |  | 2011 |
|  | (RMB) |  |  | (RMB) |  |  | (RMB) |  |  | (US$) |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to ordinary shareholders |  |  | 859,313,746 |  |  |  | 811,187,833 |  |  |  | 879,966,874 |  |  |  | 139,812,655 |
Numerator for basic earnings per share |  |  | 859,313,746 |  |  |  | 811,187,833 |  |  |  | 879,966,874 |  |  |  | 139,812,655 |
Numerator for diluted earnings per share |  |  | 859,313,746 |  |  |  | 811,187,833 |  |  |  | 879,966,874 |  |  |  | 139,812,655 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of shares outstanding, opening |  |  | 227,018,426 |  |  |  | 226,819,007 |  |  |  | 228,019,412 |  |  |  | 228,019,412 |
Weighted average number of shares issued |  |  | 726,931 |  |  |  | 489,847 |  |  |  | 4,104,619 |  |  |  | 4,104,619 |
Weighted average number of shares repurchased |  |  | (1,467,130 | ) |  |  | — |  |  |  | (119,152 | ) |  |  | (119,152 | )
Weighted average number of shares outstanding – basic |  |  | 226,278,227 |  |  |  | 227,308,854 |  |  |  | 232,004,879 |  |  |  | 232,004,879 |
Dilutive effect of share options |  |  | 7,682,329 |  |  |  | 6,619,546 |  |  |  | — |  |  |  | — |
Weighted average number of shares outstanding – diluted |  |  | 233,960,556 |  |  |  | 233,928,400 |  |  |  | 232,004,879 |  |  |  | 232,004,879 |
As of December 31, 2011, the Company issued 4,254,882 ordinary shares to its share depositary bank which will be used to settle stock option awards upon their exercise. No consideration was received by the Company for this issuance of ordinary shares. These ordinary shares are issued but not outstanding and are treated as escrowed shares for accounting purposes and therefore, have been excluded from the computation of earnings per share. Any ordinary shares not used in the settlement of stock option awards will be returned to the Company.

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1252-109256 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=6945512&loc=d3e4984-109258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 128 -Paragraph 40 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6920599&loc=d3e1278-109256 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=6880815&loc=d3e20235-122688 + Details
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