| Schedule of Basic and Diluted Earnings Per Share |
Basic and diluted earnings per share for each of the years presented are calculated as follows:
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Year ended December 31, |
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2023 |
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2024 |
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2025 |
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RMB |
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RMB |
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RMB |
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US$ |
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(in thousands) |
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Basic earnings per share: |
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Numerator: |
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Net income attributable to ordinary shareholders |
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1,880,087 |
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1,619,562 |
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1,385,133 |
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198,071 |
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Denominator: |
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Weighted average ordinary shares outstanding |
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489,952,172 |
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484,945,912 |
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470,186,664 |
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470,186,664 |
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Basic earnings per share |
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3.84 |
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3.34 |
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2.95 |
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0.42 |
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Diluted earnings per share: |
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Numerator: |
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Net income attributable to ordinary shareholders |
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1,880,087 |
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1,619,562 |
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1,385,133 |
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198,071 |
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Denominator: |
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Weighted average ordinary shares outstanding |
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489,952,172 |
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484,945,912 |
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470,186,664 |
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470,186,664 |
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Dilutive effect of share-based awards |
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1,300,288 |
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1,606,812 |
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1,910,200 |
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1,910,200 |
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Weighted average number of shares outstanding-diluted |
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491,252,460 |
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486,552,724 |
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472,096,864 |
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472,096,864 |
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Diluted earnings per share |
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3.83 |
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3.33 |
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2.93 |
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0.42 |
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Earnings per ADS |
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Net income per ADS – basic (RMB) |
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15.35 |
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13.36 |
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11.78 |
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1.69 |
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Net income per ADS – diluted (RMB) |
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15.31 |
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13.31 |
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11.74 |
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1.68 |
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