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Earnings per share/ADS (Tables)
12 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Schedule of computation of basic and diluted net income per share/ADS

 

Year ended March 31,

 

 

2022

 

 

2023

 

 

2024

 

 

RMB

 

 

RMB

 

 

RMB

 

 

 

(in millions, except per share data)

 

Earnings per share

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

Net income attributable to ordinary shareholders for computing
   net income per ordinary share — basic

 

 

61,959

 

 

 

72,509

 

 

 

79,741

 

Dilution effect on earnings arising from share-based awards
   operated by equity method investees and subsidiaries

 

 

(37

)

 

 

(38

)

 

 

(228

)

Net income attributable to ordinary shareholders for
   computing net income per ordinary share — diluted

 

 

61,922

 

 

 

72,471

 

 

 

79,513

 

 

 

 

 

 

 

 

 

 

 

Shares (denominator):

 

 

 

 

 

 

 

 

 

Weighted average number of shares used in calculating net
   income per ordinary share — basic (million shares)

 

 

21,558

 

 

 

20,980

 

 

 

20,182

 

Adjustments for dilutive RSUs and share options (million shares)

 

 

229

 

 

 

134

 

 

 

177

 

Weighted average number of shares used in calculating net
   income per ordinary share — diluted (million shares)

 

 

21,787

 

 

 

21,114

 

 

 

20,359

 

 

 

 

 

 

 

 

 

 

 

Net income per ordinary share — basic (RMB)

 

 

2.87

 

 

 

3.46

 

 

 

3.95

 

Net income per ordinary share — diluted (RMB)

 

 

2.84

 

 

 

3.43

 

 

 

3.91

 

 

 

 

 

 

 

 

 

 

 

Earnings per ADS

 

 

 

 

 

 

 

 

 

Net income per ADS — basic (RMB)

 

 

22.99

 

 

 

27.65

 

 

 

31.61

 

Net income per ADS — diluted (RMB)

 

 

22.74

 

 

 

27.46

 

 

 

31.24