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Earnings per share/ADS (Tables)
6 Months Ended
Sep. 30, 2020
Schedule of computation of basic and diluted net income per share/ADS

The following table sets forth the computation of basic and diluted net income per share/ADS for the following periods:

Six months ended

September 30,

    

2019

    

2020

(in millions of RMB, except share

data and per share data)

Earnings per share

Numerator:

Net income attributable to ordinary shareholders for computing net income per ordinary share — basic

 

93,792

 

76,360

Dilution effect arising from share-based awards issued by subsidiaries and equity method investees

(15)

(26)

Net income attributable to ordinary shareholders for computing net income per ordinary share — diluted

 

93,777

 

76,334

Shares (denominator):

Weighted average number of shares used in calculating net income per ordinary share — basic (million shares)

 

20,788

 

21,591

Adjustments for dilutive RSUs and share options (million shares)

 

296

 

352

Weighted average number of shares used in calculating net income per ordinary share — diluted (million shares)

 

21,084

 

21,943

Net income per ordinary share — basic (RMB)

 

4.51

 

3.54

Net income per ordinary share — diluted (RMB)

 

4.45

 

3.48

Earnings per ADS

Net income per ADS — basic (RMB)

36.09

28.29

Net income per ADS — diluted (RMB)

 

35.58

 

27.83