| Net (Loss)/Income Per Share |
15. | Net (Loss)/Income Per Share |
Basic and diluted net income per share have been calculated in accordance with ASC 260 on computation of net income per share for the years ended December 31, 2023, 2024 and 2025 as follows: | | | | | | | | | For the year ended December 31, | | | 2023 | | 2024 | | 2025 | | | RMB | | RMB | | RMB | Numerator: | | | | | | | Net (loss)/income from continuing operations attributable to ordinary shareholders of the Company for computing net (loss)/income per ordinary share - basic | | (330,873) | | 435,915 | | 2,008,335 | Reversal of accretion upon assumed conversion of preferred shares | | — | | 429,931 | | (700,795) | Net (loss)/income from continuing operations attributable to ordinary shareholders of the Company for computing net (loss)/income per ordinary share - diluted | | (330,873) | | 865,846 | | 1,307,540 | Net (loss)/income from continuing operations attributable to ordinary shareholders of the Company | | (330,873) | | 435,915 | | 2,008,335 | Net loss from discontinued operations attributable to ordinary shareholders of the Company | | (2,069) | | — | | — | Net (loss)/income attributable to ordinary shareholders of the Company for computing net (loss)/income per ordinary share - basic | | (332,942) | | 435,915 | | 2,008,335 | Reversal of accretion to preferred shares redemption value upon assumed conversion of preferred shares | | — | | 429,931 | | (700,795) | Net (loss)/income attributable to ordinary shareholders of the Company for computing net (loss)/income per ordinary share - diluted | | (332,942) | | 865,846 | | 1,307,540 | | | | | | | | Denominator: | | | | | | | Weighted average number of ordinary shares outstanding, basic | | 70,710,325 | | 100,343,557 | | 216,250,148 | Dilutive effect of share options | | — | | 13,571,872 | | 18,643,093 | Dilutive effect of restricted shares | | — | | 6,312,426 | | 1,336,873 | Dilutive effect of preferred shares | | — | | 151,086,581 | | 49,672,300 | Weighted average number of ordinary shares outstanding, diluted | | 70,710,325 | | 271,314,436 | | 285,902,414 | Net (loss)/income per share from continuing operations attributable to ordinary shareholders of the Company, basic | | (4.68) | | 4.34 | | 9.29 | Net loss per share from discontinued operations attributable to ordinary shareholders of the Company, basic | | (0.03) | | — | | — | Net (loss)/income per share, basic | | (4.71) | | 4.34 | | 9.29 | | | | | | | | Net (loss)/income per share from continuing operations attributable to ordinary shareholders of the Company, diluted | | (4.68) | | 3.19 | | 4.57 | Net loss per share from discontinued operations attributable to ordinary shareholders of the Company, diluted | | (0.03) | | — | | — | Net (loss)/income per share, diluted | | (4.71) | | 3.19 | | 4.57 |
Share options, restricted shares and preferred shares are considered as potential dilutive shares throughout the reporting periods. Due to the Group’s negative financial results for the year ended December 31, 2023, the potential dilutive shares have anti-dilutive effect on loss per share if they were converted to ordinary shares, thus the diluted loss per share for the year ended December 31, 2023 was equivalent to the basic loss per share.
|