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

EARNINGS (LOSS) PER COMMON SHARE

v3.8.0.1
EARNINGS (LOSS) PER COMMON SHARE
9 Months Ended
Dec. 31, 2017
EARNINGS (LOSS) PER COMMON SHARE  
EARNINGS (LOSS) PER COMMON SHARE

 

(22)    EARNINGS (LOSS) PER COMMON SHARE

 

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

 

 

 

Twelve months ended
March 31,

 

Nine months ended
December 31,

 

 

 

2016

 

2017

 

2017

 

 

 

RMB

 

RMB

 

RMB

 

Numerator:

 

 

 

 

 

 

 

Net earnings (loss)

 

26,051,187

 

(9,716,002

)

29,633,544

 

Dividends paid to participating securities

 

 

 

(3,749,630

)

Redeemable non-controlling interest redemption value accretion

 

 

 

(3,748,639

)

Net profit attributable to participating securities

 

(130,924

)

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) available to common shareholders

 

25,920,263

 

(9,716,002

)

22,135,275

 

Denominator:

 

 

 

 

 

 

 

Denominator for basic earnings (loss) per share:

 

 

 

 

 

 

 

Weighted average common shares outstanding

 

45,635,186

 

45,772,916

 

45,793,127

 

Denominator for diluted earnings (loss) per share

 

45,635,186

 

45,772,916

 

45,793,127

 

Basic earnings (loss) per common share

 

0.57

 

(0.21

)

0.48

 

Diluted earnings (loss) per common share

 

0.57

 

(0.21

)

0.48

 

 

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

 

 

 

Twelve months ended
March 31,

 

Nine months ended
December 31,

 

 

 

2016

 

2017

 

2017

 

Shares issuable under share options

 

1,904,067

 

2,451,067

 

2,377,067