Note 26 - Earnings Per Share

6 Months Ended

Jun. 30, 2014

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 US dollars):

	Six Months Ended June 30,					Three Months Ended June 30,
	2014			2013		2014			2013
	US$(’000)			US$(’000)		US$(’000)			US$('000)
	(Unaudited)			(Unaudited)		(Unaudited)			(Unaudited)
Net (loss)/income attributable to ChinaNet Online Holdings, Inc. (numerator for basic and diluted earnings per share)	$	(1,999	)	$	464	$	(1,331	)	$	434
Weighted average number of common shares outstanding - Basic		22,376,540			22,193,391		22,376,540			22,200,166
Effect of diluted securities:
Warrants and options		-			-		-			-
Weighted average number of common shares outstanding -Diluted		22,376,540			22,193,391		22,376,540			22,200,166
(Loss)/earnings per share-Basic	$	(0.09	)	$	0.02	$	(0.06	)	$	0.02
(Loss)/earnings per share-Diluted	$	(0.09	)	$	0.02	$	(0.06	)	$	0.02

For the six and three months ended June 30, 2014, the diluted earnings per share calculation both 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, as the Company incurred a loss during the periods.

For the six and three months ended June 30, 2013, the diluted earnings per share calculation both 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.