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Net Income Per Share
12 Months Ended
Dec. 31, 2021
Net Income Per Share  
Net Income Per Share

23.

Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share for the years ended December 31, 2019, 2020 and 2021:

For the year ended December 31, 

    

2019

    

2020

    

2021

Numerator (RMB in thousands):

Net income from continuing operations attributable to NetEase, Inc’s shareholders

13,274,997

12,062,754

16,856,842

Net income from discontinued operations attributable to NetEase, Inc’s shareholders

7,962,519

Net income attributable to NetEase, Inc.’s shareholders for basic/dilutive net income per share calculation

 

21,237,516

 

12,062,754

 

16,856,842

Denominator (No. of shares in thousands):

Weighted average number of ordinary shares outstanding, basic

 

3,220,473

 

3,305,448

 

3,325,864

Dilutive effect of restricted share units

29,499

44,311

41,614

Weighted average number of ordinary shares outstanding, diluted

3,249,972

3,349,759

3,367,478

Net income per share from continuing operations attributable to NetEase, Inc’s shareholders, basic (RMB)

4.12

3.65

5.07

Net income per share from discontinued operations attributable to NetEase, Inc’s shareholders, basic (RMB)

2.47

Net income per share, basic (RMB)

 

6.59

 

3.65

 

5.07

Net income per share from continuing operations attributable to NetEase, Inc’s shareholders, diluted (RMB)

4.08

3.60

5.01

Net income per share from discontinued operations attributable to NetEase, Inc’s shareholders, diluted (RMB)

2.45

Net income per share, diluted (RMB)

 

6.53

 

3.60

 

5.01

Basic net income per share is computed using the weighted average number of the ordinary shares outstanding during the year. Diluted net income per share is computed using the weighted average number of ordinary shares and potential ordinary shares outstanding during the year. For the years ended December 31, 2019, 2020 and 2021, RSUs that were anti-dilutive and excluded from the calculation of diluted net income per share totaled approximately 11.4 million shares, 6.0 million shares and 6.7 million shares, respectively.