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Accounts receivable, net (Tables)
12 Months Ended
Dec. 31, 2021
Accounts receivable, net

 

 

2021

 

 

2020

 

 

 

US$’000

 

 

US$’000

 

 

 

 

 

 

 

 

Contract receivables

 

 

3,661

 

 

 

3,229

 

Less: allowance for doubtful accounts

 

 

(30)

 

 

(30)

 

 

 

 

 

 

 

 

 

 

3,631

 

 

 

3,199

 

Allowance for doubtful accounts activity

 

 

2021

 

 

2020

 

 

 

US$’000

 

 

US$’000

 

 

 

 

 

 

 

 

Balance at beginning of period

 

 

30

 

 

 

36

 

Less : reversal in allowances

 

 

-

 

 

 

(6)

 

 

 

 

 

 

 

Balance at end of period

 

 

30

 

 

 

30

 

Age analysis of past due account receivables

 

 

2021

 

 

2020

 

 

 

US$’000

 

 

US$’000

 

 

 

 

 

 

 

 

Current

 

 

1,441

 

 

 

2,014

 

 

 

 

 

 

 

 

Past due

 

 

 

 

 

 

 

 

1-30 days

 

 

1,570

 

 

 

85

 

31-60 days

 

 

495

 

 

 

202

 

61-90 days

 

 

108

 

 

 

41

 

Greater than or equal to 91 days

 

 

17

 

 

 

857

 

 

 

 

 

 

 

 

 

 

 

2,190

 

 

 

1,185

 

 

 

 

 

 

 

 

 

 

 

3,631

 

 

 

3,199

 

ZHEJIANG TIANLAN  
Accounts receivable, net

 

 

2021

 

 

2020

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Contract receivables

 

 

148,889

 

 

 

160,803

 

Less: allowance for doubtful accounts

 

 

(42,867)

 

 

(42,182)

 

 

 

 

 

 

 

 

 

 

 

 

106,022

 

 

 

118,621

 

Allowance for doubtful accounts activity

 

 

2021

 

 

2020

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Balance at beginning of period

 

 

42,182

 

 

 

26,484

 

Add: provision for allowances

 

 

868

 

 

 

22,161

 

Less: Reversal of provision for doubtful accounts

 

 

(183)

 

 

(6,463)

 

 

 

 

 

 

 

 

 

Balance at end of period

 

 

42,867

 

 

 

42,182

 

Age analysis of past due account receivables

 

 

2021

 

 

2020

 

 

 

RMB’000

 

 

RMB’000

 

 

 

 

 

 

 

 

Within 1 year

 

 

82,534

 

 

 

76,590

 

1 year -  2 years

 

 

12,144

 

 

 

31,389

 

2 years - 3 years

 

 

5,111

 

 

 

6,128

 

3 years - 4 years

 

 

5,141

 

 

 

3,678

 

4 years - 5 years

 

 

1,092

 

 

 

836

 

 

 

 

 

 

 

 

 

 

 

 

 

106,022

 

 

 

118,621