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EXCEL - IDEA: XBRL DOCUMENT - China Precision Steel, Inc.Financial_Report.xls
10-Q - QUARTERLY REPORT - China Precision Steel, Inc.form10q.htm
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EX-32 - EXHIBIT 32.1 - China Precision Steel, Inc.ex32-1.htm
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v2.4.0.6
(Loss) Per Share (Tables)
3 Months Ended
Sep. 30, 2012
Earnings Per Share [Abstract]  
Schedule of Calculation of Numerator and Denominator in Earnings Per Share

The following reconciles the components of the EPS computation:

 

    Income     Shares     Per Share  
    (Numerator)     (Denominator)     Amount  
For the three months ended September 30, 2012:                        
Net (loss)   $ (4,222,283 )                
Basic EPS (loss) available to common shareholders   $ (4,222,283 )     3,880,866     $ (1.09 )
Effect of dilutive securities:                        
Warrants             -          
Diluted EPS (loss) available to common shareholders   $ (4,222,283 )     3,880,866     $ (1.09 )
For the three months ended September 30, 2011:                        
Net (loss)   $ (1,079,095 )                
Basic EPS (loss) available to common shareholders   $ (1,079,095 )     3,880,866     $ (0.28 )
Effect of dilutive securities:                        
Warrants             -          
Diluted EPS (loss) available to common shareholders   $ (1,079,095 )     3,880,866     $ (0.28 )