Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER COMMON SHARE

v3.7.0.1
EARNINGS (LOSS) PER COMMON SHARE
12 Months Ended
Mar. 31, 2017
EARNINGS (LOSS) PER COMMON SHARE  
EARNINGS (LOSS) PER COMMON SHARE

(20)EARNINGS (LOSS) PER COMMON SHARE

 

Basic and diluted earnings (loss) per common share are calculated as follows:

 

 

 

Year Ended March 31,

 

 

 

2015

 

2016

 

2017

 

 

 

RMB

 

RMB

 

RMB

 

Numerator:

 

 

 

 

 

 

 

Net earnings (loss)

 

23,055,720

 

26,051,187

 

(9,716,002

)

Less: Dividends paid to participating securities

 

(693,728

)

 

 

Net earnings (loss) attributable to participating securities

 

 

(130,924

)

 

 

 

 

 

 

 

 

 

Net earnings (loss) available to common shareholders

 

22,361,992

 

25,920,263

 

(9,716,002

)

Denominator:

 

 

 

 

 

 

 

Denominator for basic earnings (loss) per share:

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

45,597,580

 

45,635,186

 

45,772,916

 

Plus: Incremental shares issuable upon exercise of share options

 

 

 

 

 

 

 

 

 

 

 

 

Denominator for diluted earnings (loss) per share

 

45,597,580

 

45,635,186

 

45,772,916

 

Basic earnings (loss) per common share

 

0.49

 

0.57

 

(0.21

)

Diluted earnings (loss) per common share

 

0.49

 

0.57

 

(0.21

)

 

The following table summarizes potential common shares outstanding excluded from the calculation of diluted earnings (loss) per share for the years ended March 31, 2015, 2016 and 2017, because their effect is anti-dilutive:

 

 

 

Year ended March 31,

 

 

 

2015

 

2016

 

2017

 

Shares issuable under share options

 

3,885,667

 

1,904,067

 

2,451,067