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NET LOSS PER SHARE (Tables)
12 Months Ended
Mar. 31, 2022
NET (LOSS)/EARNINGS PER SHARE  
Schedule of basic and diluted net loss per share

Basic and diluted net loss per share for each of the periods presented are calculated as follows:

 

 

 

For the year ended December 31,

 

 

For the three months ended March 31,

 

 

For the fiscal years ended
March 31,

 

 

 

2019

 

 

2020

 

 

2021

 

 

2022

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic net loss per share

 

 

(1,327,678

)

 

 

(2,034,385

)

 

 

(716,975

)

 

 

(143,223

)

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss from continuing operations

 

 

(1,327,678

)

 

 

(2,034,385

)

 

 

(716,975

)

 

 

(143,223

)

Less: net loss from continuing operations
   attributable to non-controlling interests
   shareholders

 

(1,452)

 

 

(5,383)

 

 

 

(9

)

 

 

 

Net loss from continuing operations, attributable
   to ordinary shareholders

 

 

(1,326,226

)

 

 

(2,029,002

)

 

 

(716,966

)

 

 

(143,223

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of ordinary shares
   outstanding - basic

 

 

886,613,598

 

 

 

888,460,868

 

 

 

1,100,650,208

 

 

 

1,168,419,750

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share from continuing operations
   attributable to ordinary shareholders, basic

 

 

(1.50

)

 

 

(2.28

)

 

 

(0.65

)

 

 

(0.12

)

 

 

 

 

 

 

 

 

 

 

 

 

 

Diluted net loss per share

 

 

 

 

 

 

 

 

 

 

 

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net loss attributable to ordinary shareholders from
   continuing operations

 

 

 

 

 

 

 

 

 

 

 

(143,223

)

Add: the change in fair value of warrant liabilities

 

 

 

 

 

 

 

 

 

 

 

(2,224,660

)

Add: the change in fair value of forward contract
   assets

 

 

 

 

 

 

 

 

 

 

 

(441,088

)

Diluted net loss from continuing operations
   attributable to ordinary shareholders

 

 

 

 

 

 

 

 

 

 

 

(2,808,971

)

 

 

 

For the year ended December 31,

 

 

For the three months ended March 31,

 

 

For the fiscal years ended
March 31,

 

 

 

2019

 

 

2020

 

 

2021

 

 

2022

 

 

 

RMB

 

 

RMB

 

 

RMB

 

 

RMB

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of ordinary shares
   outstanding - basic

 

 

886,613,598

 

 

 

888,460,868

 

 

 

1,100,650,208

 

 

 

1,168,419,750

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted average effect of potential dilutive
   securities outstanding from continuing
   operations

 

 

 

 

 

 

 

 

 

 

 

 

- Warrants

 

 

 

 

 

 

 

 

 

 

 

147,895,143

 

- Forward contracts

 

 

 

 

 

 

 

 

 

 

 

38,191,128

 

Weighted average number of ordinary shares
   outstanding from continuing operations, diluted

 

 

886,613,598

 

 

 

888,460,868

 

 

 

1,100,650,208

 

 

 

1,354,506,021

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net loss per share from continuing operations
   attributable to ordinary shareholders, diluted

 

 

(1.50

)

 

 

(2.28

)

 

 

(0.65

)

 

 

(2.07

)

Schedule of potential ordinary shares that are anti-dilutive and excluded from the calculation of diluted net loss per share The weighted-average numbers of senior convertible preferred shares, convertible notes and options granted excluded from the calculation of diluted net loss per share of the Company of the respective periods were as follows:

 

 

 

For the year ended December 31,

 

 

For the three months ended March 31,

 

 

For the fiscal years ended March 31,

 

 

 

2019

 

 

2020

 

 

2021

 

 

2022

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Senior convertible preferred shares

 

 

 

 

 

 

 

 

 

 

 

240,274,690

 

Convertible notes

 

 

253,165,870

 

 

 

253,165,870

 

 

 

223,300,971

 

 

 

 

Outstanding weighted average share options

 

 

4,096,724

 

 

 

4,662,702

 

 

 

6,961,854

 

 

 

5,114,834

 

Non-vested restricted shares

 

 

33,331

 

 

 

33,329

 

 

 

 

 

 

 

Total

 

 

257,295,925

 

 

 

257,861,901

 

 

 

230,262,825

 

 

 

245,389,524