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LOSS PER SHARE | 6 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
LOSS PER SHARE | 11. LOSS PER SHARE The following table sets forth the computation of basic and diluted earnings per share for the periods indicated:
|  | For the Six Months Ended March 31, |
|  | 2022 |  |  | 2023 |
Net loss |  |  | (243,224 | ) |  |  | (43,325 | )
Net loss per share—Basic and diluted |  |  | (0.14 | ) |  |  | (0.00 | )
Weighted average number of ordinary shares used in computing net loss per share —Basic and diluted |  |  | 1,728,612,425 |  |  |  | 27,715,937,039 |
For the six months ended March 31, 2022 and 2023, weighted average ordinary shares included nil and 3,590,027 stock options. The 3,590,027 stock options were vest but unexercised as of March 31, 2023. The Company included the stock options because they are exercisable at RMB nil. For the six months ended March 31, 2022 and 2023, potential ordinary shares from assumed conversion of convertible notes into 364,641,420 and nil the Group’s ordinary shares, assumed exercise of share options of 34,200,000 and 37,690,027, and warrants to purchase 14,349,000 and nil of the Group’s ordinary shares have not been reflected in the calculation of diluted net loss per share as their inclusion would have been anti-dilutive.

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