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INCOME PER SHARE
 12 Months Ended
Dec. 31, 2020
Earnings Per Share [Abstract]  
INCOME PER SHARE

12.

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,

 

 

 

2018

 

 

2019

 

 

2020

 

 

 

RMB

 

 

RMB

 

 

RMB

 

Net income attributable to ordinary shareholders –

   basic and diluted

 

 

611,758

 

 

 

527,747

 

 

 

252,883

 

Weighted average number of ordinary shares

   outstanding – basic and diluted

 

 

200,000,000

 

 

 

210,409,863

 

 

 

216,100,000

 

Basic and diluted net income per share

 

 

3.06

 

 

 

2.51

 

 

 

1.17

 

 

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 a dilutive effect for the years ended December 31, 2018, 2019 and 2020.