Basic and diluted net income per share

12 Months Ended

Dec. 31, 2018

27.	Basic and diluted net income per share

Basic and diluted net income per share for the years ended December 31, 2016, 2017 and 2018 are calculated as follows:

	For the year ended December 31,
	2016		2017		2018
	RMB		RMB		RMB

Numerator:
Net income attrib utable to common shareholders of the Compa ny		1,523,918		2,493,235		1,641,958
Interest expenses of convertible notes		81,085		20,820		149
Numerator for diluted income per share		1,605,003		2,514,055		1,642,107

Denominator:
Denominator for basic calculation—weighted average number of Class A and Class B common shares outstanding		1,127,343,312		1,186,460,144		1,280,847,795
Dilutive effect of share options		684,455		376,918		94,254
Dilutive effect of restricted share units		15,816,362		11,598,378		12,966,689
Dilutive effect of convertible bonds		72,267,200		18,202,301		180,668
Denominator for diluted calculation		1,216,111,329		1,216,637,741		1,294,089,406

Basic net income per Class A and Class B common share		1.35		2.10		1.28
Diluted net income per Class A and Class B common share		1.32		2.07		1.27
Basic net income per ADS*		27.04		42.03		25.64
Diluted net income per ADS*		26.40		41.33		25.38

Each ADS represents

common shares.