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EARNINGS PER SHARE
6 Months Ended
Jun. 30, 2024
EARNINGS PER SHARE  
EARNINGS PER SHARE

12. EARNINGS PER SHARE

The following table sets forth the computation of basic and diluted earnings per share for the six months ended June 30, 2023 and 2024 indicated:

Six Months Ended June 30, 

    

2023

    

2024

Net income attributable to ordinary shareholders — basic

 

2,005

 

1,726

Eliminate the dilutive effect of interest expense of convertible senior notes

 

59

 

58

Net income attributable to ordinary shareholders — diluted

 

2,064

 

1,784

Weighted average ordinary shares outstanding — basic

 

3,180,817,047

 

3,138,594,148

Incremental weighted-average ordinary shares from assumed exercise of share options and nonvested restricted stocks using the treasury stock method

 

47,838,781

 

37,795,005

Dilutive effect of convertible senior notes

 

120,601,000

 

123,927,000

Weighted average ordinary shares outstanding — diluted

 

3,349,256,828

 

3,300,316,153

Basic earnings per share

 

0.63

 

0.55

Diluted earnings per share

 

0.62

 

0.54

For the six months ended June 30, 2023 and 2024, the Group had securities which could potentially dilute basic earnings per share in the future, but which were excluded from the computation of diluted earnings per share as their effects would have been anti-dilutive. Such outstanding securities consist of the following at non-weighted basis:

As of

June 30, 

June 30, 

   

2023

    

2024

Outstanding employee options

28,625,350

28,519,100