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Goodwill (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure of reconciliation of changes in goodwill [line items] |
Summary of Reconciliation of Changes in Goodwill |
|  | As of January 1, 2020 |  |  | Increase |  |  | Decrease |  |  | As of December 31, 2020 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Puhui |  |  | 8,911,445 |  |  |  | — |  |  |  | — |  |  |  | 8,911,445 |
Tianjin Guarantee |  |  | 126,207 |  |  |  | — |  |  |  | — |  |  |  | 126,207 |
Pingan Jixin |  |  | 67,752 |  |  |  | — |  |  |  | — |  |  |  | 67,752 |
Lu International (Hong Kong) Limited |  |  | 6,663 |  |  |  | — |  |  |  | — |  |  |  | 6,663 |
Yunque Dongfang |  |  | 2,800 |  |  |  | — |  |  |  | — |  |  |  | 2,800 |
Jinniu Loan |  |  | 2,515 |  |  |  | — |  |  |  | — |  |  |  | 2,515 |
|  |  | 9,117,382 |  |  |  | — |  |  |  | — |  |  |  | 9,117,382 |
Less: Impairment losses |  |  | (70,552 | ) |  |  | — |  |  |  | — |  |  |  | (70,552 | )
|  |  | 9,046,830 |  |  |  | — |  |  |  | — |  |  |  | 9,046,830 |
|  | As of January 1, 2021 |  |  | Increase |  |  | Decrease |  |  | As of December 31, 2021 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Puhui |  |  | 8,911,445 |  |  |  | — |  |  |  | — |  |  |  | 8,911,445 |
Tianjin Guarantee |  |  | 126,207 |  |  |  | — |  |  |  | — |  |  |  | 126,207 |
Pingan Jixin |  |  | 67,752 |  |  |  | — |  |  |  | — |  |  |  | 67,752 |
Lu International (Hong Kong) Limited |  |  | 6,663 |  |  |  | — |  |  |  | — |  |  |  | 6,663 |
Yunque Dongfang |  |  | 2,800 |  |  |  | — |  |  |  | — |  |  |  | 2,800 |
Jinniu Loan |  |  | 2,515 |  |  |  | — |  |  |  | — |  |  |  | 2,515 |
|  |  | 9,117,382 |  |  |  | — |  |  |  | — |  |  |  | 9,117,382 |
Less: Impairment losses |  |  | (70,552 | ) |  |  | (128,722 | ) |  |  | — |  |  |  | (199,274 | )
|  |  | 9,046,830 |  |  |  | (128,722 | ) |  |  | — |  |  |  | 8,918,108 |
|  | As of January 1, 2022 |  |  | Increase |  |  | Decrease |  |  | As of December 31, 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Puhui |  |  | 8,911,445 |  |  |  | — |  |  |  | — |  |  |  | 8,911,445 |
Tianjin Guarantee |  |  | 126,207 |  |  |  | — |  |  |  | (126,207 | ) |  |  | — |
Pingan Jixin |  |  | 67,752 |  |  |  | — |  |  |  | — |  |  |  | 67,752 |
Lu International (Hong Kong) Limited |  |  | 6,663 |  |  |  | — |  |  |  | — |  |  |  | 6,663 |
Yunque Dongfang |  |  | 2,800 |  |  |  | — |  |  |  | (2,800 | ) |  |  | — |
Jinniu Loan |  |  | 2,515 |  |  |  | — |  |  |  | — |  |  |  | 2,515 |
|  |  | 9,117,382 |  |  |  | — |  |  |  | (129,007 | ) |  |  | 8,988,375 |
Less: Impairment losses (a) |  |  | (199,274 | ) |  |  | (6,663 | ) |  |  | 129,007 |  |  |  | (76,930 | )
|  |  | 8,918,108 |  |  |  | (6,663 | ) |  |  | — |  |  |  | 8,911,445 |
(a) | As of December 31, 2022, Pingan Jixin, Lu International (Hong Kong) Limited, and Jinniu Loan were fully impaired. Tianjin Guarantee and Yunque Dongfang were written off.
Goodwill [member] |
Disclosure of reconciliation of changes in goodwill [line items] |
Summary of Key Assumptions Used for Value-in-use Calculations | The key assumptions used for value-in-use calculations are as follows:
|  | As of December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
Pre-tax discount rates |  |  | 24%-27% |  |  |  | 27% |  |  |  | 19% |
Revenue growth rates |  |  | 3%-275% |  |  |  | 3%-8% |  |  |  | -22%-30% |
Long term growth rate |  |  | 3% |  |  |  | 3% |  |  |  | 2% |
Summary of Recoverable Amount of Cash Generating Units Exceeding Carrying Amount | The recoverable amount of Puhui exceeded its carrying amount:
|  | As of December 31, |
|  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Recoverable amount of the CGU exceeded its carrying amount |  |  | 58,347,954 |  |  |  | 46,780,343 |  |  |  | 31,032,688 |
Summary of Possible Changes of Key Assumptions of Cash Generating Units | The following table sets forth the impact of reasonable possible changes in e ach of the key assumptions, with all other variables held constant, on Puhui impairment testing at the dates indicated. As shown below, the possible changes of key parameters would not cause the carrying amount of the CGU to exceed its recoverable amount at the dates indicated.
|  | Recoverable amount of the CGU exceeded its carrying amount |
|  | As of December 31, |
Possible changes of key assumptions |  | 2020 |  |  | 2021 |  |  | 2022 |
|  | RMB’000 |  |  | RMB’000 |  |  | RMB’000 |
Revenue growth rate decrease by 5% |  |  | 51,446,124 |  |  |  | 45,153,184 |  |  |  | 12,785,375 |
Pre-tax discount rate plus 1% |  |  | 54,371,643 |  |  |  | 43,239,361 |  |  |  | 25,826,383 |

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