5. ACCOUNTS RECEIVABLE, NET
Accounts receivable, net consisted of the following:
SUMMARY
OF ACCOUNTS RECEIVABLES, NET
| | |
2023 | | |
2024 | |
| | |
December 31, | |
| | |
2023 | | |
2024 | |
| | |
RMB | | |
RMB | |
| Accounts receivable - third parties | |
| 242,944 | | |
| 204,502 | |
| Allowance for credit loss - third parties | |
| (99,523 | ) | |
| (84,128 | ) |
| Accounts receivable - third parties, net | |
| 143,421 | | |
| 120,374 | |
| | |
| | | |
| | |
| | |
| | | |
| | |
| Accounts receivable – related parties | |
| 828 | | |
| 663 | |
| Allowance for credit loss – related parties | |
| (124 | ) | |
| (274 | ) |
| Accounts receivable – related parties | |
| 704 | | |
| 389 | |
The movement of the allowance for credit loss including
both account receivables due from third parties and a related party is as follows:
SUMMARY OF MOVEMENT OF ALLOWANCE FOR DOUBTFUL ACCOUNTS INCLUDING BOTH ACCOUNT RECEIVABLES DUE FROM THIRD PARTIES AND RELATED PARTIES
| Allowance for credit loss - third parties | |
2023 | | |
2024 | |
| | |
Year ended December 31, | |
| Allowance for credit loss - third parties | |
2023 | | |
2024 | |
| | |
RMB | | |
RMB | |
| Balance at the beginning of the year | |
| 81,242 | | |
| 99,523 | |
| Additions charged to credit loss | |
| 18,281 | | |
| (15,395 | ) |
| Write-off | |
| - | | |
| - | |
| Balance at the end of the year | |
| 99,523 | | |
| 84,128 | |
| Allowance for credit loss –related parties | |
2023 | | |
2024 | |
| | |
Year ended December 31, | |
| Allowance for credit loss –related parties | |
2023 | | |
2024 | |
| | |
RMB | | |
RMB | |
| Balance at the beginning of the year | |
| 5 | | |
| 124 | |
| Additions charged to credit loss | |
| 119 | | |
| 150 | |
| Balance at the end of the year | |
| 124 | | |
| 274 | |
The aging analysis table of allowance for credit loss
is as follows:
SUMMARY OF AGING ANALYSIS OF ALLOWANCE FOR DOUBTFUL ACCOUNTS
| | |
2023 | | |
2024 | |
| | |
As of December 31, | |
| | |
2023 | | |
2024 | |
| | |
RMB | | |
RMB | |
| Within 1 year | |
| (61,083 | ) | |
| (36,044 | ) |
| Thereafter | |
| (38,440 | ) | |
| (48,084 | ) |
| Allowance for credit loss - third parties | |
| (99,523 | ) | |
| (84,128 | ) |
| | |
| | | |
| | |
| Within 1 year | |
| (124 | ) | |
| (274 | ) |
| Allowance for credit loss - related parties | |
| (124 | ) | |
| (274 | ) |
|