Net income/(loss) per share

12 Months Ended

Dec. 31, 2023

28.	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,
	2021			2022			2023
Numerator:
Net income/(loss) attributable to the Company’s ordinary shareholders – basic (RMB in millions)		(3,560	)		10,380			24,167
Impact of subsidiaries’ diluted earnings (RMB in millions)		(2	)		(170	)		(30	)

Net income/(loss) attributable to the Company’s ordinary shareholders – diluted (RMB in millions)		(3,562	)		10,210			24,137

Denominator:
Weighted average number of shares – basic		3,107,436,665			3,125,571,110			3,144,233,160
Adjustments for dilutive options and RSUs		—			55,315,026			26,309,236

Weighted average number of shares – diluted		3,107,436,665			3,180,886,136			3,170,542,396

Basic net income/(loss) per share attributable to the Company’s ordinary shareholders (RMB)		(1.15	)		3.32			7.69

Diluted net income/(loss) per share attributable to the Company’s ordinary shareholders (RMB)		(1.15	)		3.21			7.61

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 127,098,868, 105,899,185 and 77,073,699 for the years ended December 31, 2021, 2022 and 2023 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.