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TRADE RECEIVABLES (Tables)
12 Months Ended
Dec. 31, 2020
TRADE RECEIVABLES  
Schedule of information about trade receivables

 

 

 

 

 

 

 

As of December 31, 

 

    

2020

    

2019

 

 

RMB’000

 

RMB’000

Trade receivables

 

747,247

 

672,533

Less: provision for bad debt allowance

 

(645,777)

 

(495,510)

 

 

101,470

 

177,023

 

Schedule of aging analysis of the Company's trade receivables, based on the invoice date

All of the trade receivables are expected to be recovered within one year. An aging analysis of the Company’s trade receivables, based on the invoice date, is as follows:

 

 

 

 

 

 

 

 

As of December 31, 

 

    

2020

    

2019

 

 

RMB’000

 

RMB’000

Within 90 days

 

34,309

 

35,846

Between 3 and 6 months

 

52,477

 

72,241

More than 6 months

 

14,684

 

68,936

 

 

101,470

 

177,023

 

Schedule of aging analysis of trade receivables that were neither past due nor impaired or past due but not impaired

An aging analysis of trade receivables that were neither past due nor impaired or past due but not impaired, is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Past due but not impaired

 

 

 

 

Neither past due nor

 

Less than

 

 

 

Over 120

 

 

 

 

 

 

impaired

 

30 days

 

31 to 120 days

 

days

 

Sub-total

 

Total

 

 

RMB’000

 

RMB’000

 

RMB’000

 

RMB’000

 

RMB’000

 

RMB’000

December 31, 2019

    

141,177

 

35,846

 

 —

 

 —

 

 —

  

177,023

December 31, 2020

 

67,161

 

34,309

 

 —

 

 —

 

 —

  

101,470