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Loss per share
12 Months Ended
Dec. 31, 2019
Loss per share  
Loss per share

18.    Loss per share

The following table sets forth the basic and diluted net loss per share computation and provides a reconciliation of the numerator and denominator for the periods presented:

 

 

 

 

 

 

 

 

 

 

For the year ended December 31, 

 

  

2017

  

2018

  

2019

 

 

RMB

 

RMB

 

RMB

Numerator:

 

  

 

  

 

 

Net income (loss)

 

649

 

104,026

 

(510,387)

Accretion to preferred share redemption value

 

(228,468)

 

(248,186)

 

(116,308)

Deemed dividend to preferred shareholder

 

 —

 

 —

 

(642,174)

Numerator for basic and diluted net loss per share calculation

 

(227,819)

 

(144,160)

 

(1,268,869)

Denominator:

 

  

 

 

 

 

Weighted average number of ordinary shares

 

945,712,030

 

945,712,030

 

1,087,910,999

Denominator for basic and diluted net loss per share calculation

 

945,712,030

 

945,712,030

 

1,087,910,999

Net loss per ordinary share

 

  

 

  

 

 

—Basic and diluted

 

(0.24)

 

(0.15)

 

(1.17)

 

The potentially dilutive securities that have not been included in the calculation of diluted net loss per share as their inclusion would be anti-dilutive are as follows:

 

 

 

 

 

 

 

 

 

 

As of December 31, 

 

    

2017

    

2018

    

2019

Series A-1 Preferred Shares

 

102,102,318

 

102,102,318

 

 —

Redeemable Convertible Preferred Shares

 

612,941,413

 

612,941,413

 

 —

Share options to employees

 

 —

 

175,978,312

 

104,543,578

Share options to Series C preferred shareholder

 

 —

 

 —

 

172,908,894

Total

 

715,043,731

 

891,022,043

 

277,452,472