v3.25.1
Net income per share/ADS
 12 Months Ended
Dec. 31, 2024
Net income/(loss) per share  
Net income per share/ADS
26.
Net income per share/ADS
Basic and diluted net income per share/ADS for each of the years presented are calculated as follows:
 
 
  
For the year ended
December 31,
 
 
  
2022
 
  
2023
 
  
2024
 
 
  
(RMB in millions, except share
and per share data)
 
Net income per share
  
  
  
Numerator:
  
  
  
Net income attributable to the Company’s ordinary shareholders – basic
     
10,380
       
24,167
       
41,359
  
Impact of subsidiaries’ diluted earnings
      (170 )       (30 )       (118 )
 
Dilution impact of the Convertible Senior Notes
      —         —         68  
  
 
 
     
 
 
     
 
 
  
Net income attributable to the Company’s ordinary shareholders – diluted
      10,210        24,137        41,309  
Denominator:
         
Weighted average number of shares – basic
 (million shares)
      3,126        3,144        2,990  
Effects of dilutive securities:
 
 
 
 
 
 
 
 
 
 
 
 
Dilutive share options and RSUs (million shares)
      55        27        33  
Convertible Senior Notes (million shares)
      —         —         53  
  
 
 
     
 
 
     
 
 
  
Weighted average number of shares – diluted
 (million shares)
      3,181        3,171        3,076  
Basic net income per share attributable to the Company’s ordinary shareholders (RMB)
      3.32        7.69        13.83  
Diluted net income per share attributable to the Company’s ordinary shareholders (RMB)
      3.21        7.61        13.43  
Net income per ADS
         
Basic net income per ADS (RMB)
      6.64        15.37        27.67  
Diluted net income per ADS (RMB)
      6.42        15.23        26.86