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TRADE RECEIVABLES (Tables)
12 Months Ended
Dec. 31, 2019
TRADE RECEIVABLES  
Schedule of information about trade receivables

 

 

 

 

 

 

 

As of December 31, 

 

    

2019

    

2018

 

 

RMB’000

 

RMB’000

Trade receivables

 

672,533

 

650,963

Less: provision for bad debt allowance

 

(495,510)

 

(426,849)

 

 

177,023

 

224,114

 

Schedule of aging analysis of the Company's trade receivables, based on the invoice date

All of the trade receivables are expected to be recovered within one year. An aging analysis of the Company’s trade receivables, based on the invoice date, is as follows:

 

 

 

 

 

 

 

As of December 31, 

 

    

2019

    

2018

 

 

RMB’000

 

RMB’000

Within 90 days

 

35,846

 

57,785

Between 3 and 6 months

 

72,241

 

69,037

More than 6 months

 

68,936

 

97,292

 

 

177,023

 

224,114

 

Schedule of aging analysis of trade receivables that were neither past due nor impaired or past due but not impaired

An aging analysis of trade receivables that were neither past due nor impaired or past due but not impaired, is as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Past due but not impaired

 

 

 

 

Neither past due nor

 

Less than

 

 

 

Over 120

 

 

 

 

 

 

impaired

 

30 days

 

31 to 120 days

 

days

 

Sub-total

 

Total

 

 

RMB’000

 

RMB’000

 

RMB’000

 

RMB’000

 

RMB’000

 

RMB’000

December 31, 2018

    

126,823

 

97,291

 

 —

 

 —

 

 —

  

224,114

December 31, 2019

 

141,177

 

35,846

 

 —

 

 —

 

 —

  

177,023