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Net income (loss) per share
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Net income (loss) per share
16. Net income (loss) per share
Basic earnings per share is computed using the weighted average number of the ordinary shares outstanding during the period. Diluted earnings per share (‘‘EPS’’) is computed using the weighted average number of ordinary shares and potential ordinary shares outstanding during the period under the treasury stock method. For
the year ended December 31, 2017, stock options to purchase ordinary shares and the Series A, Series B and Series C Preference Shares convertible into ordinary shares were anti-dilutive and excluded from the calculation of diluted net loss per share of the Company were 11,302,024 and 631,303,796 on a weighted average basis, respectively.
Basic earnings (loss) per share and diluted earnings (loss) per share have been calculated in accordance with ASC Topic 260 on computation of earnings per share for the years ended December 31, 2017, 2018 and 2019 as follows:
                         
 
For the years ended December 31,
 
 
2017
   
2018
   
2019
 
 
RMB
   
RMB
   
RMB
 
Basic net income (loss) per share calculation:
 
 
 
 
 
 
 
 
 
Numerator:
 
 
 
  
 
 
  
 
 
Net profit (loss) attributable to FinVolution Group
   
1,082,983
     
2,469,074
     
2,372,850
 
Accretion on Series A convertible redeemable preferred shares redemption value
   
(1,237,274
 )    
—  
      
—
 
Accretion on Series B convertible redeemable preferred shares
redemption value
   
(905,861
 )    
—  
      
—
 
Accretion on Series C convertible redeemable preferred shares
redemption value
   
(930,336
 )    
—  
      
—
 
                         
Net income (loss) attributable to ordinary shareholders - basic
    
(1,990,488
 )    
2,469,074
     
2,372,850
 
                         
Denominator:
 
 
 
  
 
 
  
 
 
Weighted average number of ordinary shares outstanding
-
 basic
     779,804,270       1,498,780,165       1,525,814,189  
Net income (loss) per share attributable to ordinary shareholders -
basic
    
(2.5525
)     
1.6474
     
1.5551
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Dilute net income (loss) per share calculation:
                        
Numerator:
                        
Net income (loss) attributable to ordinary shareholders
    
(1,990,488
 )    
2,469,074
      
2,372,850
  
 
 
 
 
 
 
 
 
 
 
 
 
 
Denominator:
    
 
      
 
      
 
  
Weighted average number of ordinary shares outstanding - basic
    
779,804,270
      
1,498,780,165
      
1,525,814,189
  
Ordinary shares issuable upon the exercise of outstanding stock options using the treasury stock method
 
 
 
 
—  
 
 
 
98,670,254
 
 
 
23,831,652
 
Ordinary shares issuable upon the vesting of outstanding restricted share units using the treasury stock method
 
 
 
 
—  
 
 
 
2,141,812
 
 
 
2,777,219
 
Weighted average number of ordinary shares outstanding - diluted
 
 
 
779,804,270
 
 
 
1,599,592,231
 
 
 
1,552,423,060
 
Net income (loss) per share attributable to ordinary shareholders - diluted
 
 
 
(2.5525
)
 
 
1.5436
 
 
 
1.5285