EARNINGS (LOSS) PER COMMON SHARE |
(22) EARNINGS (LOSS) PER COMMON SHARE
Basic and diluted earnings (loss) per common share are calculated as follows:
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|
Twelve months ended March 31,
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|
Nine months ended December 31,
|
|
|
|
2016
|
|
2017
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|
2017
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|
|
|
RMB
|
|
RMB
|
|
RMB
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|
Numerator:
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|
|
|
|
|
|
|
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:
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|
|
|
|
|
|
|
Denominator for basic earnings (loss) per share:
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|
|
|
|
|
|
|
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:
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Twelve months ended March 31,
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|
Nine months ended December 31,
|
|
|
|
2016
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|
2017
|
|
2017
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|
Shares issuable under share options
|
|
1,904,067
|
|
2,451,067
|
|
2,377,067
|
|
|