EXHIBIT 11 ---------- SUNBASE ASIA, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER COMMON SHARE THREE MONTHS ENDED MARCH 31, 1999 AND MARCH 31, 2000 (Amounts in thousands, except number of shares and per share data) Three Months Ended March 31, 1999 1999 2000 2000 RMB US$ RMB US$ ---- ---- ---- ---- BASIC Net loss from continuing operations (15,185) (1,829) (17,935) (2,165) Net (Profit)/Loss from discontinued operations, net of income taxes ( 454) ( 55) 115 14 ---------- ---------- ---------- ---------- (15,639) (1,884) (17,820) (2,151) ========== ========== ========== ========== Weighted average number of shares of Common stock outstanding: Shares of common stock outstanding 14,118,751 14,118,751 14,118,751 14,118,751 ========== ========== ========== ========== Loss per common share: Basic and diluted loss from continuing operations (1.08) (0.13) (1.27) (0.15) ========== ========== ========== ========== Basic and diluted net loss (1.11) (0.13) (1.26) (0.15) ========== ========== ========== ========== SUNBASE ASIA, INC. AND SUBSIDIARIES COMPUTATION OF EARNINGS PER COMMON SHARE THREE MONTHS ENDED MARCH 31, 1999 AND MARCH 31, 2000 (Amounts in thousands, except number of shares and per share data) Weighted average number of shares of Common stock outstanding: Shares of common stock outstanding 14,118,751 14,118,751 14,118,751 14,118,751 Shares of common stock issuable Assuming conversion of the Convertible Preferred Stock - Series A - - - - - Series B - - - - Shares of common issuable assuming conversion of the convertible debentures on August 23, 1996 - - - - ---------- ---------- ---------- ---------- Total weighted average number of shares of common stock and common stock equivalents outstanding 14,118,751 14,118,751 14,118,751 14,118,751 ========== ========== ========== ==========