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Net income per share/ADS | 12 Months Ended
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Dec. 31, 2024
Net income/(loss) per share |
Net income per share/ADS |
26. | Net income per share/ADS
Basic and diluted net income per share/ADS for each of the years presented are calculated as follows:
|  | For the year ended December 31, |
|  | 2022 |  |  | 2023 |  |  | 2024 |
|  | (RMB in millions, except share and per share data) |
Net income per share |  |  |  |  |  |  |  |  |  |  |  |
Numerator: |  |  |  |  |  |  |  |  |  |  |  |
Net income attributable to the Company’s ordinary shareholders – basic |  |  | 10,380 |  |  |  | 24,167 |  |  |  | 41,359 |
Impact of subsidiaries’ diluted earnings |  |  | (170 | ) |  |  | (30 | ) |  |  | (118 | )
Dilution impact of the Convertible Senior Notes |  |  | — |  |  |  | — |  |  |  | 68 |
Net income attributable to the Company’s ordinary shareholders – diluted |  |  | 10,210 |  |  |  | 24,137 |  |  |  | 41,309 |
Denominator: |  |  |  |  |  |  |  |  |  |  |  |
Weighted average number of shares – basic (million shares) |  |  | 3,126 |  |  |  | 3,144 |  |  |  | 2,990 |
Effects of dilutive securities: |  |  |  |  |  |  |  |  |  |  |  |
Dilutive share options and RSUs (million shares) |  |  | 55 |  |  |  | 27 |  |  |  | 33 |
Convertible Senior Notes (million shares) |  |  | — |  |  |  | — |  |  |  | 53 |
Weighted average number of shares – diluted (million shares) |  |  | 3,181 |  |  |  | 3,171 |  |  |  | 3,076 |
Basic net income per share attributable to the Company’s ordinary shareholders (RMB) |  |  | 3.32 |  |  |  | 7.69 |  |  |  | 13.83 |
Diluted net income per share attributable to the Company’s ordinary shareholders (RMB) |  |  | 3.21 |  |  |  | 7.61 |  |  |  | 13.43 |
Net income per ADS |  |  |  |  |  |  |  |  |  |  |  |
Basic net income per ADS (RMB) |  |  | 6.64 |  |  |  | 15.37 |  |  |  | 27.67 |
Diluted net income per ADS (RMB) |  |  | 6.42 |  |  |  | 15.23 |  |  |  | 26.86 |

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