Twelve months ended

Nine months ended

Twelve months ended

March 31,

December 31,

December 31, 

2017

2017

2018

RMB

RMB

RMB

Numerator:

Net earnings (loss) attributable to ATA Inc.

(9,716,002)

29,633,544

854,925,914

Dividends paid to participating securities

 —

(3,749,630)

(13,249,006)

Redeemable non-controlling interest redemption value accretion

 —

(3,748,639)

(6,085,542)

Net earnings (loss) available to common shareholders

(9,716,002)

22,135,275

835,591,366

Denominator:

Denominator for basic earnings (loss) per share:

Weighted average common shares outstanding

45,772,916

45,793,127

45,796,886

Denominator for diluted earnings (loss) per share

45,772,916

45,793,127

45,796,886

Basic loss per common share from continuing operations

(1.31)

(1.72)

(1.81)

Diluted loss per common share from continuing operations

(1.31)

(1.72)

(1.81)

Basic earnings per common share from discontinued operations

1.10

2.20

20.06

Diluted earnings per common share from discontinued operations

1.10

2.20

20.06

Basic earnings (loss) per common share attributable to ATA Inc.

(0.21)

0.48

18.25

Diluted earnings (loss) per common share attributable to ATA Inc.

(0.21)

0.48

18.25