Earnings (Loss) Per Common Share |
(25)
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EARNINGS (LOSS) PER COMMON SHARE
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Basic and diluted earnings (loss) per common share are calculated as follows:
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Nine months
ended
December 31,
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Twelve months
ended
December 31,
|
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Twelve months
ended
December 31,
|
|
|
2017
|
|
|
2018
|
|
|
2019
|
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RMB
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|
RMB
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|
RMB
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Numerator:
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|
|
|
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Net earnings (loss) attributable to ATA Creativity Global
|
|
|
29,633,544
|
|
|
|
854,925,914
|
|
|
(122,253,989)
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Dividends paid to participating securities
|
|
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(3,749,630
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)
|
|
|
(13,249,006
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)
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|
—
|
Redeemable non-controlling interest redemption value accretion
|
|
|
(3,748,639
|
)
|
|
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(6,085,542
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)
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(6,008,491)
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Net earnings (loss) available to common shareholders
|
|
|
22,135,275
|
|
|
|
835,591,366
|
|
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(128,262,480)
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Denominator:
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Denominator for basic earnings (loss) per share:
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Weighted average common shares outstanding
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|
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45,793,127
|
|
|
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45,796,886
|
|
|
50,915,710
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Denominator for diluted earnings (loss) per share
|
|
|
45,793,127
|
|
|
|
45,796,886
|
|
|
50,915,710
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Basic loss per common share from continuing operations
|
|
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(1.72
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)
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|
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(1.81
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)
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(2.62)
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Diluted loss per common share from continuing operations
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|
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(1.72
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)
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(1.81
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)
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(2.62)
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Basic earnings per common share from discontinued operations
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|
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2.20
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|
|
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20.06
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|
0.10
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Diluted earnings per common share from discontinued operations
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|
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2.20
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|
|
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20.06
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|
|
0.10
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Basic earnings (loss) per common share attributable to ATA Creativity Global
|
|
|
0.48
|
|
|
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18.25
|
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(2.52)
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Diluted earnings (loss) per common share attributable to ATA Creativity Global
|
|
|
0.48
|
|
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18.25
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(2.52)
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The following table summarizes potential common shares outstanding excluded from the calculation of diluted earnings (loss) per share for nine months ended December 31, 2017, the year ended December 31, 2018 and the year ended December 31, 2019, because their effect is anti-dilutive:
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Nine months
ended
December 31,
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Twelve months
ended
December 31,
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Twelve months
ended
December 31,
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|
|
2017
|
|
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2018
|
|
|
2019
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Shares issuable under share options
|
|
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2,377,067
|
|
|
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1,142,212
|
|
|
402,500
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