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RIGHT-OF-USE ASSETS AND LEASES LIABILITIES (Tables)
12 Months Ended
Dec. 31, 2022
Disclosure of quantitative information about leases for lessee [abstract]  
SUMMARY OF CARRYING AMOUNTS OF RIGHT-OF-USE ASSETS FOR LEASE

The carrying amounts of right-of-use assets for lease are as below:

 

Net book amount at January 1, 2021   RMB 58,458,000
Net book amount at December 31, 2021   RMB 44,288,000
Net book amount at January 1, 2022   RMB 44,288,000
Net book amount at December 31, 2022   RMB 469,000
SCHEDULE OF LEASE LIABILITIES

The lease liabilities for continuing operations are as below:

 

           
   As of December 31, 
   2022   2021 
   RMB’000   RMB’000 
Lease liabilities - current   328    13,404 
Lease liabilities – noncurrent   157    33,325 
Total lease liabilities    485    46,729 
SCHEDULE OF CONTRACTUAL UNDISCOUNTED CASH FLOWS FOR THE LEASES

Contractual undiscounted cash flows for the leases:

 

   As of December 31, 2022 
           Total contractual 
           undiscounted 
   Within one year   One to five years   cash flow 
    RMB’000    RMB’000    RMB’000 
   350    145    495 
SUMMARY OF CONSOLIDATED INCOME STATEMENT SHOWING THE AMOUNTS RELATING TO LEASES

The consolidated income statement shows the following amounts from continuing operations relating to leases:

 

   Year ended 
   December 31, 2022 
Amortization charge of right-of-use assets   484 
Interest expense   25 

 

 

   Year ended 
   December 31, 2021 
Amortization charge of right-of-use assets   1,266 
Interest expense   51 

 

   Year ended 
   December 31, 2020 
Amortization charge of right-of-use assets   536 
Interest expense   75 

 

The consolidated income statement shows the following amounts from discontinued operations relating to leases:

 

   Year ended 
   December 31, 2022 
Amortization charge of right-of-use assets   12,801 
Interest expense   1,479 

 

   Year ended 
   December 31, 2021 
Amortization charge of right-of-use assets   12,801 
Interest expense   2,115