EARNINGS (LOSS) PER SHARE ("EPS")

12 Months Ended

Mar. 31, 2020

Note 17– EARNINGS (LOSS) PER SHARE (“EPS”)

Basic EPS is the amount of net earnings available to each share of ordinary shares outstanding during the reporting period. Diluted EPS is the amount of net earnings available to each share of ordinary shares outstanding during the reporting period adjusted to include the effect of potentially dilutive ordinary shares. The following table details the computation of the basic and diluted net earnings per share:


	Year ended		Year ended		Year ended
	March 31, 2020		March 31, 2019		March 31, 2018
	USD		USD		USD
Numerator:
Net (loss) income attributable to Hexindai Inc.'s shareholders		(71,198,381)		5,532,581		65,481,973

Denominator:
Weighted average number of ordinary shares outstanding-basic		48,757,199		48,693,162		44,977,780
Weighted average number of dilutive potential ordinary shares from share options		—		4,219,664		2,678,483
Weighted average number of ordinary shares outstanding-diluted		48,757,199		52,912,826		47,656,263
Basic net (loss) income per share		(1.46)		0.11		1.46
Diluted net (loss) income per share		(1.46)		0.10		1.37