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Fair value of financial assets and liabilities (Tables)
12 Months Ended
Dec. 31, 2021
Schedule Of Fair Value Of Financial Assets And Liabilities

 

 

As of December 31, 2021

 

 

 

Fair

value

 

 

Carrying

Amount

 

 

 

RMB’000

 

 

RMB’000

 

Financial assets

 

 

 

 

 

 

Cash, cash equivalents and restricted cash

 

 

396

 

 

 

396

 

Loans receivable

 

 

555,133

 

 

 

555,133

 

 

 

 

555,529

 

 

 

555,529

 

 

 

 

 

 

 

 

 

 

Financial liabilities

 

 

 

 

 

 

 

 

Loans payable

 

 

161,569

 

 

 

161,569

 

 

The fair values of loans payable are approximately the carrying amount of loans payable as all loans payable are overdue as of December 31, 2021. 

 

 

 

As of December 31, 2020

 

 

 

Fair

value

 

 

Carrying

amount

 

 

 

RMB’000

 

 

RMB’000

 

Financial assets

 

 

 

 

 

 

Cash, cash equivalents and restricted cash

 

 

97

 

 

 

97

 

Loans receivable

 

 

662,183

 

 

 

662,183

 

 

 

 

662,280

 

 

 

662,280

 

Financial liabilities

 

 

 

 

 

 

 

 

Loans payable

 

 

171,569

 

 

 

171,569