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v3.23.1

CAPITAL MANAGEMENT (Tables) | 12 Months Ended
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Dec. 31, 2022
Capital Management |
SCHEDULE OF CAPITAL STRUCTURE | SCHEDULE OF CAPITAL STRUCTURE
|  | As of December 31, |
|  | 2022 |  |  | 2021 |
|  | RMB’000 |  |  | RMB’000 |
Interest-bearing bank borrowings |  |  | — |  |  |  | — |
Note payable |  |  | 8,775 |  |  |  | — |
Amounts owed to related parties |  |  | 1,291 |  |  |  | 36,348 |
Total debts |  |  | 10,066 |  |  |  | 36,348 |
Less: Cash and cash equivalents (excluding restricted bank balances) |  |  | (3,936 | ) |  |  | (27,880 | )
Net debts |  |  | 6,130 |  |  |  | 8,548 |
Equity attributable to shareholders of the Company |  |  | 1,047 |  |  |  | 61,943 |
Gearing ratio |  |  | 585 | % |  |  | 13.8 | %

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