REVENUE AND OTHER INCOME (Tables)

12 Months Ended

Dec. 31, 2022

Revenue And Other Income

SCHEDULE OF ANALYSIS ABOUT COMPANY'S REVENUE AND OTHER INCOME

Revenue comprises the fair value of the consideration received or receivable for the sale of goods. An analysis of the Company’s revenue and other income is as follows:

	For the years ended December 31,
	2022		2021		2020
	RMB’000		RMB’000		RMB’000
Revenue
Continuing operations
Business management and consulting		12,662		13,026		—
Livestreaming ecommerce		273,685		58,501		—
Discontinued operations
Sale of goods (Note 29)		37,696		144,743		182,989
Total revenue		324,043		216,270		182,989
Other income
Continuing operations
Interest income		10		10		23
Foreign exchange gain		73		—		—
Consulting income		—		—		7,249
Other income		2,883		22		128
Discontinued operations
Other income (Note 29)		14,244		9,388		14,531
Total other income		17,210		9,420		21,931

SCHEDULE OF OPERATIONS BY BUSINESS SEGMENT

The following table shows the Company’s operations by business segment for the years ended December 31, 2022, 2021 and 2020.

	For the year Ended December 31,
	2022			2021			2020
	RMB’000			RMB’000			RMB’000
Revenues
Discontinued operations
Sales of tile products		37,696			144,743			182,989
Continuing operations
Consulting income / software		12,662			13,026			-
Livestreaming ecommerce		273,685			58,501			-
Total revenues		324,043			216,270			182,989
Cost of revenues
Discontinued operations
Sales of tile products		41,245			83,436			208,991
Continuing operations
Consulting income / software		12,819			10,002			-
Livestreaming ecommerce		245,612			55,491			-
Total cost of revenues		299,676			148,929			208,991
Operating costs and expenses
Discontinued operations
Sales of tile products		25,324			20,292			38,723
Continuing operations
Consulting income / software		4,613			9,760			-
Livestreaming ecommerce		25,167			195			-
Other		9,380			10,677			-
Total operating costs and expenses		64,484			40,924			38,723
Bad debt expense (reversal)
Discontinued operations
Sales of tile products		33,365			115,407			150,268
Continuing operations
Consulting income / software		1,000			4,854			-
Livestreaming ecommerce		(3,751	)		5,293			-
Total bad debt expense (reversal)		(30,614	)		125,554			150,268
Other expense
Discontinued operations
Sales of tile products		-			90			-
Continuing operations
Consulting income / software		36			34			-
Livestreaming ecommerce		6			-			-
Total other expense		42			124			-
Other income
Discontinued operations
Sales of tile products		14,244			9,389			14,682
Continuing operations
Consulting income / software		115			29			7,249
Livestreaming ecommerce		2,148			-			-
Other		703			2			-
Total other income		17,210			9,420			21,931
Loss from operations
Discontinued operations
Sales of tile products		(47,994	)		(65,093	)		(193,062	)
Continuing operations
Consulting income / software		(5,691	)		(11,595	)		-
Livestreaming ecommerce		8,929			(2,478	)		-
Other		(8,677	)		(10,675	)		-
Loss from operations		(53,433	)		(89,841	)		(193,062	)

	As of		As of
	December 31,		December 31,
	2022		2021
Segment assets
Discontinued operations
Sale of tile products		74,675		147,890
Continuing operations
Business management and consulting		15,924		21,255
Livestreaming ecommerce		15,004		5,967
Others		4,403		2,755
Total assets		110,006		177,867