Earnings (Losses) Per Common Share |
(23)
|
EARNINGS (LOSSES) PER COMMON SHARE
|
Basic and diluted earnings (losses) per common share are calculated as follows:
|
|
Year ended December 31,
|
|
|
2019
|
|
|
2020
|
|
|
2021
|
|
|
RMB
|
|
|
RMB
|
|
|
RMB
|
Numerator:
|
|
|
|
|
|
|
|
|
|
|
Net loss attributable to ATA Creativity Global
|
|
|
(122,253,989)
|
|
|
|
(92,198,032)
|
|
|
(33,649,593)
|
Redeemable non-controlling interest redemption value accretion
|
|
|
(6,008,491)
|
|
|
|
(6,184,572)
|
|
|
(2,283,089)
|
Net loss available to common shareholders
|
|
|
(128,262,480)
|
|
|
|
(98,382,604)
|
|
|
(35,932,682)
|
Denominator:
|
|
|
|
|
|
|
|
|
|
|
Denominator for basic loss per share:
|
|
|
|
|
|
|
|
|
|
|
Weighted average common shares outstanding
|
|
|
50,915,710
|
|
|
|
62,660,037
|
|
|
62,748,095
|
Denominator for diluted loss per share
|
|
|
50,915,710
|
|
|
|
62,660,037
|
|
|
62,748,095
|
Basic loss per common share from continuing operations
|
|
|
(2.62)
|
|
|
|
(1.57)
|
|
|
(0.57)
|
Diluted loss per common share from continuing operations
|
|
|
(2.62)
|
|
|
|
(1.57)
|
|
|
(0.57)
|
Basic earnings per common share from discontinued operations
|
|
|
0.10
|
|
|
|
—
|
|
|
—
|
Diluted earnings per common share from discontinued operations
|
|
|
0.10
|
|
|
|
—
|
|
|
—
|
Basic loss per common share attributable to ATA Creativity Global
|
|
|
(2.52)
|
|
|
|
(1.57)
|
|
|
(0.57)
|
Diluted loss per common share attributable to ATA Creativity Global
|
|
|
(2.52)
|
|
|
|
(1.57)
|
|
|
(0.57)
|
The following table summarizes potential common shares outstanding excluded from the calculation of diluted earnings (loss) per share for the year ended December 31, 2019, 2020 and 2021, because their effect is anti-dilutive:
|
|
Year ended December 31,
|
|
|
2019
|
|
|
2020
|
|
|
2021
|
Shares issuable under restricted shares and share options
|
|
|
402,500
|
|
|
|
827,198
|
|
|
810,832
|
|