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INCOME PER SHARE

12 Months Ended

Dec. 31, 2019

Earnings Per Share [Abstract]

INCOME PER SHARE

11. INCOME PER SHARE

The following table sets forth the computation of basic and diluted net income per share attribute to ordinary shareholders after the stock split:

		Year Ended December 31,
		2017				2018				2019
		RMB				RMB				RMB
Net income attributable to ordinary shareholders – basic and diluted			539,545				611,758				527,747
Weighted average number of ordinary shares outstanding – diluted and diluted			200,000,000				200,000,000				210,409,863
Basic and diluted net income per share			2.70				3.06				2.51

As economic rights and obligations are applied equally to both Class A and Class B ordinary shares, earnings are allocated between the two classes of ordinary shares evenly with the same allocation on a per share basis.

The Company does not have shares with anti-dilutive effect for the year ended December 31, 2017, 2018 and 2019.

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- References

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- Definition

The entire disclosure for earnings per share.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-URI http://asc.fasb.org/topic&trid=2144383

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