| Loss Per Share |
Basic and diluted loss per share for each of the years presented are calculated as follows, the effect of share options and restricted share units were excluded from the computation of diluted net loss per share for the years ended December 31, 2023, 2024 and 2025, as its effect would be anti-dilutive:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Year ended December 31, |
|
|
2023 |
|
2024 |
|
2025 |
|
|
Ordinary
shares |
|
Ordinary
shares |
|
Class A
Ordinary
shares |
|
Class A
Ordinary
shares |
|
Class B
Ordinary
shares |
|
Class B
Ordinary
shares |
|
|
RMB |
|
RMB |
|
RMB |
|
US$ |
|
RMB |
|
US$ |
Losses per share—basic |
|
|
|
|
|
|
|
|
|
|
|
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Net loss attributable to Cheetah Mobile Inc. |
|
(602,898) |
|
(617,557) |
|
(84,749) |
|
(12,119) |
|
(172,964) |
|
(24,732) |
Effect arising from dividends declared on share awards of consolidated subsidiaries |
|
(107) |
|
156 |
|
(1,150) |
|
(164) |
|
(2,347) |
|
(336) |
Accretion of redeemable noncontrolling interests |
|
— |
|
(7,997) |
|
(2,577) |
|
(369) |
|
(5,258) |
|
(752) |
Net loss attributable to Cheetah Mobile Inc. after accretion of redeemable noncontrolling interests and dilution effect arising from share-based awards issued by subsidiaries |
|
(603,005) |
|
(625,398) |
|
(88,476) |
|
(12,652) |
|
(180,569) |
|
(25,820) |
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average number of ordinary shares outstanding |
|
1,472,615,281 |
|
1,503,054,847 |
|
504,283,545 |
|
504,283,545 |
|
1,029,189,523 |
|
1,029,189,523 |
Losses per share—basic |
|
(0.4095) |
|
(0.4161) |
|
(0.1754) |
|
(0.0251) |
|
(0.1754) |
|
(0.0251) |
Losses per share—diluted |
|
|
|
|
|
|
|
|
|
|
|
|
Numerator: |
|
|
|
|
|
|
|
|
|
|
|
|
Net loss attributable to Cheetah Mobile Inc. after accretion of redeemable noncontrolling interests and dilution effect arising from share-based awards issued by subsidiaries |
|
(603,005) |
|
(625,398) |
|
(88,476) |
|
(12,652) |
|
(180,569) |
|
(25,820) |
Dilution effect arising from share-based awards issued by subsidiaries |
|
(699) |
|
(164) |
|
(465) |
|
(66) |
|
(949) |
|
(136) |
Reallocation of net loss as a result of conversion of Class B into Class A ordinary shares |
|
— |
|
— |
|
(181,518) |
|
(25,956) |
|
— |
|
— |
Net loss attributable to ordinary shareholders |
|
(603,704) |
|
(625,562) |
|
(270,459) |
|
(38,674) |
|
(181,518) |
|
(25,956) |
Denominator: |
|
|
|
|
|
|
|
|
|
|
|
|
Weighted average ordinary shares outstanding |
|
1,472,615,281 |
|
1,503,054,847 |
|
504,283,545 |
|
504,283,545 |
|
1,029,189,523 |
|
1,029,189,523 |
Conversion of Class B into Class A ordinary shares |
|
— |
|
— |
|
1,029,189,523 |
|
1,029,189,523 |
|
— |
|
— |
Denominator used for losses per share |
|
1,472,615,281 |
|
1,503,054,847 |
|
1,533,473,068 |
|
1,533,473,068 |
|
1,029,189,523 |
|
1,029,189,523 |
Losses per share—diluted |
|
(0.4100) |
|
(0.4162) |
|
(0.1764) |
|
(0.0252) |
|
(0.1764) |
|
(0.0252) |
Losses per ADS: |
|
|
|
|
|
|
|
|
|
|
|
|
Denominator used for losses per ADS—basic |
|
29,452,306 |
|
30,061,097 |
|
30,669,461 |
|
30,669,461 |
|
|
|
|
Denominator used for losses per ADS—diluted |
|
29,452,306 |
|
30,061,097 |
|
30,669,461 |
|
30,669,461 |
|
|
|
|
Losses per ADS—basic |
|
(20.4740) |
|
(20.8042) |
|
(8.7724) |
|
(1.2550) |
|
|
|
|
Losses per ADS—diluted |
|
(20.4977) |
|
(20.8097) |
|
(8.8185) |
|
(1.2600) |
|
|
|
|
|