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Income tax expense (Tables)
12 Months Ended
Dec. 31, 2024
Income tax expense  
Schedule of reconciliation of income taxes

 

 

Year Ended December 31,

 

 

 

2022

 

 

2023

 

 

2024

 

 

 

RMB’000

 

 

RMB’000

 

 

RMB’000

 

Loss before income taxes

 

 

(30,344 )

 

 

(395,803 )

 

 

(500,370 )

Computed expected income tax expense

 

 

(7,586 )

 

 

(98,951 )

 

 

(125,550 )

Tax effect of non-deductible expenses

 

 

7,573

 

 

 

109,650

 

 

 

124,383

 

Tax effect of tax-exempt entities

 

 

(1,503 )

 

 

(2,580 )

 

 

2,938

 

Tax effect of non-taxable income

 

 

1,516

 

 

(8,119 )

 

 

-

 

Income tax expense

 

 

-

 

 

 

-

 

 

 

1,711