v3.26.1
Net Income Per Share
12 Months Ended
Dec. 31, 2025
Net Income Per Share  
Net Income Per Share

20.

Net Income Per Share

The following table sets forth the computation of basic and diluted net income per share for the years ended December 31, 2023, 2024 and 2025:

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For the year ended December 31, 

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2023

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2024

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2025

Numerator (RMB in thousands):

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Net income attributable to the Company’s shareholders for basic net income per share calculation

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29,416,552

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29,697,609

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33,759,800

Net income attributable to the Company’s shareholders for dilutive net income per share calculation

 

29,416,552

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29,697,609

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33,739,216

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Denominator (No. of shares in thousands):

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Weighted average number of ordinary shares outstanding, basic

 

3,216,475

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3,200,453

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3,186,454

Dilutive effect of restricted share units

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35,554

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30,149

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31,720

Weighted average number of ordinary shares outstanding, diluted

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3,252,029

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3,230,602

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3,218,174

Net income per share, basic (RMB)

 

9.15

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9.28

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10.59

Net income per share, diluted (RMB)

 

9.05

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9.19

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10.48

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Net income attributable to the Company’s shareholders for dilutive net income per share calculation is calculated as net income attributable to the Company’s shareholders for basic net income per share calculation minus the impact of subsidiaries’ diluted earnings. Basic net income per share is computed using the weighted average number of the ordinary shares outstanding during the year. Diluted net income per share is computed using the weighted average number of ordinary shares and potential ordinary shares outstanding during the year. For the years ended December 31, 2023, 2024 and 2025, RSUs that were anti-dilutive and excluded from the calculation of diluted net income per share totaled approximately 6.3 million shares, 15.3 million shares and 7.0 million shares, respectively.