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REVENUE AND OTHER INCOME
6 Months Ended
Jun. 30, 2021
REVENUE AND OTHER INCOME  
REVENUE AND OTHER INCOME

5.REVENUE AND OTHER INCOME

a)An analysis of the Company’s revenue and other income is as follows:

For the six months ended June 30,

2021

2020

    

RMB’000

    

RMB’000

Revenue

  

  

Sale of goods

 

42,186

 

39,787

Sale of software use rights

7,921

Other income

 

  

 

  

Interest income

 

7

 

37

Other income

 

5

 

Consulting and management income

 

 

2,438

Exchange gain

149

Rental income

 

7,142

 

7,143

b)

Segment reporting

The Company identifies operating segments and prepares segment information based on the regular internal financial information reported to the Chief Executive Officer and executive directors, who are the Company’s chief operating decision makers for their decisions about the allocation of resources to the Company’s business components and for their review of the performance of those components.

All of the Company’s operations are considered by the chief operating decision makers to be aggregated into two reportable operating segments: 1) the manufacture and sale of standard to high-end ceramic tiles, 2) the provision of business management and information system technology consulting services including the sales of software use rights for digital data deposit platforms and asset management systems. Operating segments are defined as components of an enterprise for which separate financial information is available and evaluated regularly by the Company’s chief operating decision makers in deciding how to allocate resources and in assessing performance.

The business of the Company is engaged entirely in the PRC. The Chief Executive Officer and executive directors regularly review the Company’s business as one geographical segment.

The following table shows the Company’s operations by business segment for the six months ended June 30, 2021 and 2020.

For the Six Months Ended June 30,

2021

2020

    

RMB’000

    

RMB’000

Revenues

Sale of tile products

 

¥

42,186

 

¥

39,787

Sale of software use right

 

7,921

 

Total revenues

 

50,107

 

39,787

Cost of revenues

 

  

 

  

Sale of tile products

 

53,790

 

38,848

Sale of software use right

 

2,820

 

Total cost of revenues

 

56,610

 

38,848

Operating costs and expenses

 

  

 

  

Sale of tile products

 

50,709

 

112,362

Sale of software use right

 

1,977

 

Others

 

11,573

 

Total operating costs and expenses

 

64,259

 

112,362

Loss (income) from operations

 

  

 

  

Sale of tile products

 

68,094

 

111,508

Sale of software use right

 

(3,115)

 

Others

 

5,790

 

Loss from operations

 

70,769

 

111,508

    

As of June 30, 2021

    

As of December 31, 2020

Segment assets

 

  

 

  

Sale of tile products

 

134,010

 

225,386

Sale of software use right

 

17,956

 

Others

 

27,493

 

Total assets

 

179,459

 

225,386