Trade receivables (Tables)
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12 Months Ended |
Dec. 31, 2024 |
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| Trade receivables. |
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| Schedule of trade receivables |
| | | | | | | As of December 31, | | | 2023 | | 2024 | | | RMB’000 | | RMB’000 | Trade receivables | | 133,657 | | 148,057 | Loss allowance | | (60,513) | | (69,137) | | | 73,144 | | 78,920 | Included in trade receivables per balance sheet | | 73,144 | | 44,506 | Included in assets classified as held for sale | | — | | 34,414 |
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| Schedule of aging analysis of trade receivables |
| | | | | | | As of December 31, | | | 2023 | | 2024 | | | RMB’000 | | RMB’000 | 0 – 90 days | | 29,865 | | 21,479 | 91 – 180 days | | 17,331 | | 905 | 181 – 365 days | | 26,216 | | 45,459 | 1 – 2 years | | 52,100 | | 25,604 | 2 – 3 years | | 7,843 | | 47,720 | Over 3 years | | 302 | | 6,890 | | | 133,657 | | 148,057 |
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| Schedule of movement in ECL allowance for trade receivables |
| | | | | | | Year ended December 31, | | | 2023 | | 2024 | | | RMB’000 | | RMB’000 | Opening loss allowance | | 22,252 | | 60,513 | Arising from business combination | | 105 | | — | Provision for loss allowance, net | | 38,156 | | 10,341 | Disposal of subsidiaries | | — | | (1,717) | Closing loss allowance | | 60,513 | | 69,137 | Included in trade receivables per balance sheet | | 60,513 | | 63,865 | Included in assets classified as held for sale | | — | | 5,272 |
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| Schedule of ECL allowance |
| | | | | | | | | | | Within 1 | | 1-2 | | 2-3 | | Over 3 | | | year | | years | | years | | years | At December 31, 2023 | | | | | | | | | Expected loss rate | | 9.6 | % | 20.8 | % | 55.3 | % | — | Gross carrying amount (RMB’000) | | 71,938 | | 9,994 | | 371 | | — | Loss allowance (RMB’000) | | 6,879 | | 2,076 | | 205 | | — | | | | | | | | | | At December 31, 2024 | | | | | | | | | Expected loss rate | | 11.1 | % | 28.0 | % | 49.2 | % | — | Gross carrying amount (RMB’000) | | 67,843 | | 21,615 | | 5,992 | | 329 | Loss allowance (RMB’000) | | 7,536 | | 6,047 | | 2,947 | | 329 |
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