Note 26 - Earnings Per Share

12 Months Ended

Dec. 31, 2013

Earnings Per Share [Abstract]

Earnings Per Share [Text Block]

26. 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 U.S. dollars):

	Year Ended December 31,
	2013			2012
	US$(’000)			US$(’000)
Net loss/income attributable to ChinaNet Online Holdings, Inc.  (numerator for basic and diluted earnings per share)	$	(234	)	$	2,996
Weighted average number of common shares outstanding – Basic		22,284,485			22,185,556
Effect of diluted securities:
Warrants and options		-			-
Weighted average number of common shares outstanding – Diluted		22,284,485			22,185,556
Loss/earnings per share-Basic	$	(0.01	)	$	0.14
Loss/earnings per share-Diluted	$	(0.01	)	$	0.14

For the year ended December 31, 2013, the diluted loss 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 these warrants and options were out-of-the-money, that if included would be anti-dilutive.

For the year ended December 31, 2012, the diluted earnings per share calculation did not include the warrants and options to purchase up to 2,772,161 and 939,440 shares of common stock, respectively, because these warrants and options were out-of-the-money, that if included would be anti-dilutive.