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Discontinued operation (Tables)
12 Months Ended
Dec. 31, 2024
Discontinued operation  
Summary of cash flow information of discontinued operations

 

 

For the Year Ended December 31,

 

 

 

2023

RMB

 

 

2024

RMB

 

 

 

(amount in thousands)

 

 

 

 

 

 

 

 

Interest income on loans

 

 

11,218

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Interest expenses on loans

 

 

(18,088 )

 

 

-

 

Business related taxes and surcharges

 

 

(405 )

 

 

-

 

Total interest expense

 

 

(18,493 )

 

 

-

 

 

 

 

 

 

 

 

 

 

Net interest income/(loss)

 

 

(7,275 )

 

 

-

 

Credit impairment losses

 

 

(373,647 )

 

 

-

 

Net interest income / (loss) after credit impairment losses

 

 

(380,922 )

 

 

-

 

 

 

 

 

 

 

 

 

 

Non-interest and other income

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Operating costs and expenses

 

 

 

 

 

 

 

 

General and administrative

 

 

(4,497 )

 

 

-

 

Total operating costs and expenses

 

 

(4,497 )

 

 

-

 

 

 

 

 

 

 

 

 

 

Loss before income taxes

 

 

(385,419 )

 

 

-

 

Income tax expense

 

 

-

 

 

 

-

 

Net loss

 

 

(385,419 )

 

 

-

 

 

 

 

 

 

 

 

 

 

Loss attributable to:

 

 

 

 

 

 

 

 

Equity holders of the Company

 

 

(308,335 )

 

 

-

 

Non-controlling interest

 

 

(77,084 )

 

 

-

 

Net loss

 

 

(385,419 )

 

 

-

 

 

 

 

For the Year Ended December 31,

 

 

 

2023

RMB

 

 

2024

RMB

 

 

 

(amount in thousands)

 

 

 

 

 

 

 

 

Net cash used in operation activities

 

 

-

 

 

 

-

 

 

 

 

 

 

 

 

 

 

Net cash used in investing activities

 

 

-

 

 

 

-

 

Net cash generated from financing activities

 

 

-

 

 

 

-

 

Net increase/(decrease) in cash generated by discontinued operations

 

 

-

 

 

 

-

 

Summary of carrying amount of assets and liabilities

 

 

As at June 12, 2024

 

Cash, cash equivalents and restricted cash

 

 

167

 

Loans receivable, net of credit impairment losses

 

 

193,682

 

Prepaid expenses

 

 

17,766

 

Property, plant and equipment

 

 

36,325

 

Intangible asset

 

 

4

 

Total assets

 

 

247,944

 

 

 

 

 

 

Loans payable

 

 

161,439

 

Salary and benefit payable

 

 

11,628

 

Income taxes payable

 

 

32,477

 

Interest payable

 

 

90,898

 

Other payable

 

 

26,000

 

Total current liabilities

 

 

322,442

 

 

 

 

 

 

Net assets

 

 

(74,498 )

Attributable to:

 

 

 

 

Equity holders of the Company

 

 

(59,598 )

Non-controlling interests

 

 

(14,900 )

 

 

 

(74,498 )