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INCOME TAX EXPENSE (Tables)
12 Months Ended
Dec. 31, 2018
Disclosure of income tax expense [Abstract]  
Schedule of loss before income tax from continuing operations

Loss before income tax consists of:


 

 

Year Ended December 31,

 

 

 

2016

 

 

2017

 

 

2018

 

 

2018

 

 

 

CNY

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PRC

 

 

(1,171

)

 

 

(1,071

)

 

 

(2,321

)

 

 

(337

)

BVI

 

 

(3,225

)

 

 

(5,064

)

 

 

 (3,805

)

 

 

 (553

)

Hong Kong

 

 

 (49

)

 

 

(44

)

 

 

 (50

)

 

 

 (7

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total loss before income tax for the year from continuing operations

 

 

(4,445

)

 

 

(6,179

)

 

 

(6,176

)

 

 

(897

)

Total loss before income tax for the year from discontinued operations

 

 

(18,591

)

 

 

(23,817

)

 

 

 

 

 

 

 

 

 

(23,036

)

 

 

(29,996

)

 

 

(6,176

)

 

 

(897

)

Schedule of Reconciliation of Income Taxes from Continuing Operations

A reconciliation of the income taxes computed at the PRC and Bolivian statutory tax rate of 25% to the actual income tax expense/(benefit) is as follows:

 

 

Year Ended December 31,

 

 

 

2016

 

 

2017

 

 

2018

 

 

2018

 

 

 

CNY

 

 

CNY

 

 

CNY

 

 

US$

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Loss before income tax for the year from continuing operations

 

 

(4,445

)

 

 

(6,179

)

 

 

(6,176

)

 

 

(897

)

Loss before income tax for the year from discontinued operations

 

 

(18,591

)

 

 

(23,817

)

 

 

 

 

 

 

 

 

 

(23,036

)

 

 

(29,996

)

 

 

(6,176

)

 

 

(897

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax at the statutory tax rate

 

 

25%

 

 

 

25%

 

 

 

25%

 

 

 

25%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Computed income tax benefit

 

 

(5,759

)

 

 

(7,499

)

 

 

(1,544

)

 

 

(224

)

Effect of different tax rates for the Company and overseas subsidiaries

 

 

820

 

 

 

1,269

 

 

 

955

 

 

 

139

 

Tax losses not recognized

 

 

4,259

 

 

 

6,230

 

 

 

588

 

 

 

85

 

Non-deductible expenses

 

 

680

 

 

 

 

 

 

1

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Income tax expense

 

 

 

 

 

 

 

 

 

 

 

 

Income tax expense from continuing operations at the effective rate

 

 

 

 

 

 

 

 

 

 

 

 

Income tax expense from discontinued operations at the effective rate