Net income/(loss) per share

12 Months Ended

Dec. 31, 2021

31. Net income/(loss) per share

Basic and diluted net income/(loss) per share for each of the years presented are calculated as follows:


	For the year ended December 31,
	2019		2020			2021
Numerator:
Net income/(loss) attributable to ordinary shareholders – basic (RMB in millions)		12,184		49,405			(3,560	)
Impact of subsidiaries’ diluted earnings (RMB in millions)		—		(157	)		(2	)

Net income/(loss) attributable to ordinary shareholders – diluted (RMB in millions)		12,184		49,248			(3,562	)
Denominator:
Weighted average number of shares – basic		2,912,637,241		3,021,808,985			3,107,436,665
Adjustments for dilutive options and RSUs		54,684,562		87,215,045			—

Weighted average number of shares – diluted		2,967,321,803		3,109,024,030			3,107,436,665
Basic net income/(loss) per share attributable to ordinary shareholders (RMB)		4.18		16.35			(1.15	)
Diluted net income/(loss) per share attributable to ordinary shareholders (RMB)		4.11		15.84			(1.15	)

Generally, basic net income/(loss) per share is computed using the weighted average number of ordinary shares outstanding during the respective year. Diluted net income/(loss) per share is computed using the weighted average number of ordinary shares and dilutive potential ordinary shares outstanding during the respective year. The potentially dilutive ordinary shares included RSUs and options to purchase ordinary shares of 149,343,638, 138,762,892 and 127,098,868 for the years ended December 31, 2019, 2020 and 2021 on a weighted average basis, respectively. They were not included in the calculation of diluted net income/(loss) per share in the periods presented where their inclusion would be anti-dilutive.