v3.22.2.2
Earnings Per Share
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
Earnings per share
16Earnings per share

 

The following table sets forth the computation of basic and diluted earnings per share for the nine months ended September 30, 2021 and 2022, for which the basic weighted average number of common shares are based on the 1,371,643,240 common shares issued by the Company, as if those shares were issued as of the earliest date presented.

 

   Nine months ended
September 30,
 
   2021   2022 
   RMB   RMB 
         
Net income   169,855,888    107,214,293 
Basic weighted average number of common shares outstanding   1,371,643,240    1,371,643,240 
Effect of dilutive share options   137,172,125    132,236,758 
Dilutive weighted average number of ordinary shares   1,508,815,365    1,503,879,998 
Basic earnings per share   0.12    0.08 
Diluted earnings per share   0.11    0.07 

 

During the nine months ended September 30, 2021 and 2022, the Group issued 187,933,730 and nil ordinary shares to its share depositary bank, respectively. No consideration was received by the Group for the issuance. As of September 30, 2022, no share out of the total ordinary shares was used to settle share-based compensation. The 187,933,720 ordinary shares are legally issued and not outstanding, and have been excluded from the computation of earnings per share.