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cst6666 · 2024年05月30日

为什么1.96 > 1.92, diluted EPS is 1.92.

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NO.PZ2024011002000024

问题如下：

An analyst collected data about a company as follows:


The preferred stock can be converted to 10,000 common stocks, while the debt is not convertible. The diluted earnings per share is closest to:

选项：

A.1.92 B.1.96 C.2.01

解释：

If the convertible preferred shares were converted to common stocks, there would be no preferred dividends paid. Thus, we should add back the convertible preferred dividends that had previously been subtracted from net income in the numerator.

Basic EPS = (net income – dividend from preferred stocks) / average weighted number of shares issued = (1,000,000 – 1,000,000×0.04) / 500,000= 1.92

Diluted EPS = (net income – dividend from preferred stocks+ dividend from preferred stocks) / (average weighted number of shares issued + shares from conversion of preferred stocks) = (1,000,000 – 1,000,000×0.04 + 1,000,000×0.04) / (500,000+10,000) = 1.96

1.96 > 1.92, diluted EPS is 1.92.

有点不太理解这个知识点

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1 个答案

lynn_品职助教 · 2024年06月01日

嗨，爱思考的PZer你好：


这里有一个比较的步骤


计算完diluted EPS，必须要跟basic EPS比较，比basic小才是dilutive的，否则是anti-dilutive，就不是diluted EPS了。


如果计算出来的diluted EPS大于basic，那么就舍弃计算出来的这个数字，diluted EPS跟basic EPS一样。

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就算太阳没有迎着我们而来，我们正在朝着它而去，加油！

- · 2024年10月16日

啊，那现实生活中如果按这种方法算出来diluted比basic还小就取更小的那个嘛？那报表里会写说因为按照公式比basic还小，所以我们这个diluted的结果其实是basic方法算出来的？

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