Many countries have implemented public bike systems to promote sustainable public transportation. Despite the rapid development of such systems, few studies have investigated how built environment factors affect the use of public bikes at station level using trip data, taking account of the spatial correlation between nearby stations. Built environment factors are strongly associated with travel demand and play an important role in the success of public bike systems. Using trip data from Zhongshan's public bike system, this paper employed a multiple linear regression model to examine the influence of built environment variables on trip demand as well as on the ratio of demand to supply (D/S) at bike stations. It also considered the spatial correlations of PBS usage between nearby stations, using the spatial weighted matrix. These built environment variables mainly refer to station attributes and accessibility, cycling infrastructure, public transport facilities, and land use characteristics. Generally, we found that both trip demand and the ratio of demand to supply at bike stations were positively influenced by population density, length of bike lanes and branch roads, and diverse land-use types near the station, and were negatively influenced by the distance to city center and the number of other nearby stations. However, public transport facilities do not show a significant impact on both demand and D/S at stations, which might be attributed to local modal split. We also found that the PBS usage at stations is positively associated with usage at nearby stations. Model results also suggest that adding a new station (with empty capacity) within a 300 m catchment of a station to share the capacity of the bike station can improve the demand-supply ratio at the station. Referring to both trip demand models and D/S models, regression fits were quite strong with larger R2 for weekdays than for weekends and holidays, and for morning and evening peak hours than for off-peak hours. These quantitative analyses and findings can be beneficial to urban planners and operators to improve the demand and turnover of public bikes at bike stations, and to expand or build public bike systems in the future.