How was the EPS of Q4 2009 calculated?
Basic EPS was calculated using the Two-Class Method by dividing net income available to common stockholders of RMB44.1 million by the weighted average number of shares outstanding during Q4 2008 of 47.6 million shares. Net income available to common stockholders is arrived at by lessing income attributable to participating convertible notes of approximately RMB12.2 million from the Group’s net income of RMB56.3 million. All common shares equivalents outstanding during Q4 2008 were anti-dilutive and according, diluted EPS was equal to basic EPS.
