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CAPITAL MANAGEMENT (Tables)
12 Months Ended
Dec. 31, 2018
CAPITAL MANAGEMENT [Abstract]  
Disclosure of detailed information about capital [text block]
The Company monitors capital on the basis of the debt to capital ratio, which is calculated as net debts divided by equity attributable to shareholders of the Company.
 
 
 
As of December 31,
 
 
 
2018
 
 
2017
 
 
 
RMB’000
 
 
RMB’000
 
Interest-bearing bank borrowings
 
 
-
 
 
 
-
 
Amounts owed to related parties
 
 
36,203
 
 
 
36,017
 
Total debts
 
 
36,203
 
 
 
36,017
 
Less: Cash and cash equivalents (excluding restricted bank balances)
 
 
(9,016
)
 
 
(2,328
)
Net debts
 
 
27,187
 
 
 
33,689
 
Equity attributable to shareholders of the Company
 
 
275,712
 
 
 
694,530
 
Gearing ratio
 
 
9.9
%
 
 
4.9
%