v3.25.1
NET LOSS PER SHARE
 9 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
NET LOSS PER SHARE

21. NET LOSS PER SHARE

 

Basic and diluted net loss per share for each of the periods presented are calculated as follows:

 

   2023   2024   2024 
  

For the fiscal years ended

March 31,

  

For the nine months ended

December 31,

 
   2023   2024   2024 
   RMB   RMB   RMB 
             
Basic net loss per share               
Numerator:               
Net loss attributable to Uxin Limited   (137,157)   (372,387)   (204,312)
Deemed dividend to preferred shareholders due to triggering of a down round feature   (755,635)   (2,060,254)   - 
Net loss attributable to ordinary shareholders   (892,792)   (2,432,641)   (204,312)
                
Denominator:               
Number of ordinary shares outstanding at the beginning of the period   1,186,854,720    1,410,826,415    56,381,481,399 
Weighted average number of ordinary shares issued   151,885,463    754,367,970    6,137,059 
Weighted average number of vested penny options   5,796,382    20,169,250    29,241,834 
Weighted average number of unissued shares relating to the Performance Awards (Note 18)   -    -    327,882,355 
Weighted average number of ordinary shares outstanding - basic   1,344,536,565    2,185,363,635    56,744,742,647 
                
Net loss per share attributable to ordinary shareholders, basic   (0.66)   (1.11)   (0.00)
                
Diluted net loss per share               
Numerator:               
Diluted net loss attributable to ordinary shareholders   (892,792)   (2,432,641)   (204,312)

 

 

UXIN LIMITED

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(All amounts in thousands, except for share and per share data, unless otherwise noted)

 

21. NET LOSS PER SHARE (CONTINUED)

 

  

For the fiscal years ended

March 31,

  

For the nine months ended

December 31,

 
   2023   2024   2024 
   RMB   RMB   RMB 
             
Denominator:               
Weighted average number of ordinary shares outstanding – diluted   1,344,536,565    2,185,363,635    56,744,742,647 
                
                
Net loss per share attributable to ordinary shareholders, diluted   (0.66)   (1.11)   (0.00)

 

As the Group incurred losses for the fiscal years ended March 31, 2023, 2024 and the nine months ended December 31, 2024, the potential ordinary shares were anti-dilutive and excluded from the calculation of diluted net loss per share of the Group. The weighted-average numbers of unissued shares relating to the Performance Awards, senior convertible preferred shares, options granted and forward issued excluded from the calculation of diluted net loss per share of the Group of the respective periods were as follows:

 

   2023   2024   2024 
  

For the fiscal years ended

March 31,

  

For the nine months ended

December 31,

 
   2023   2024   2024 
             
Unissued shares relating to the Performance Awards (Note 18)   -    -    594,838,632 
Forward contract   -    -    216,847,736 
Senior convertible preferred shares   912,262,870    1,288,858,108    - 
Outstanding weighted average share options   11,114,657    13,605,459    9,937,549 
Total   923,377,527    1,302,463,567    821,623,917 

 

 

UXIN LIMITED

 

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS

(All amounts in thousands, except for share and per share data, unless otherwise noted)