Note 25 - Earnings per share

3 Months Ended

Mar. 31, 2013

Earnings Per Share [Text Block]

25.   Earnings per share

Basic and diluted earnings per share for each of the periods presented are calculated as follows (All amounts, except number of shares and per share data, are presented in thousands of US dollars):

	Three months ended March 31,
	2013		2012
	US$(’000)		US$(’000)
	(Unaudited)		(Unaudited)
Net income/(loss) attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted earnings per share)	$	30	$	(366	)
Weighted average number of common shares outstanding - Basic		22,186,540		22,182,884
Effect of diluted securities:
Warrants and options		-		-
Weighted average number of common shares outstanding -Diluted		22,186,540		22,182,884
Earnings/(loss) per share-Basic	$	0.00	$	(0.02	)
Earnings/(loss) per share-Diluted	$	0.00	$	(0.02	)

For the three months ended March 31, 2013, the diluted earnings per share calculation did not include the warrants and options to purchase up to 2,363,456 and 939,440 shares of common stock, respectively, because their effect was anti-dilutive.

For the three months ended March 31, 2012 the diluted earnings per share calculation did not include the warrants and options to purchase up to 3,005,456 and 939,440 shares of common stock, respectively, because their effect was anti-dilutive.