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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED)
¥ in Thousands, $ in Thousands
6 Months Ended 12 Months Ended
Jun. 30, 2023
USD ($)
Jun. 30, 2023
CNY (¥)
Jun. 30, 2022
CNY (¥)
Dec. 31, 2022
USD ($)
Dec. 31, 2022
CNY (¥)
Dec. 31, 2021
CNY (¥)
Dec. 31, 2020
CNY (¥)
OPERATING ACTIVITIES              
(Loss)/profit before income tax for the year $ (1,052) ¥ (7,634) ¥ 4,030 $ (2,383) ¥ (16,432) ¥ (52,836) ¥ 24,179
Adjustments for:              
Interest expenses       582 4,015 4,128 3,457
Interest income       (998) (6,883) (7,358) (7,330)
Gain on disposal of property, plant and equipment       (1) (5)
Consultants share option expenses       2,342 16,152
Expenses related to issuance of shares         1,579
Fair value (gain)/loss on financial instruments, net       (146) (1,007) 38,349 (31,334)
Depreciation of property, plant and equipment       44 304 510 565
Depreciation of right-of-use assets       205 1,413 1,366 1,663
Amortization of intangible assets       118 813 884 156
Impairment losses/(reversal) on trade receivables       (578) (3,989) 3,840 4,544
Impairment losses on contract assets       25 171 357 172
Impairment losses on other receivables       397 2,745 239
Impairment reversal on amounts due from related companies         (1,106) (554)
Changes in working capital              
Inventories       37 257 (148) (201)
Trade and bills receivables       (1,560) (10,764) 6,580 26,263
Contract assets       (749) (5,165) (780) (18,595)
Prepayments       73 504 (1,852) 406
Other receivables       47 321 (930) 41
Other current assets       265 1,829 1,805 (504)
Trade payables       (115) (792) (7,507) (38,471)
Other payables and accruals       476 3,280 813 (10,961)
Provision       72 494
Cash used in operations       (1,847) (12,739) (12,067) (46,504)
Income tax paid       (7) (47) (1) (22)
OPERATING ACTIVITIES 420 3,047 (4,482) (1,854) (12,786) (12,068) (46,526)
INVESTING ACTIVITIES              
Interest received       1,057 7,291 3,760 7,667
Additions of service concession right         (68) (7,575)
Purchase of property, plant and equipment (1) (6) (6) (2) (17) (28) (266)
Purchase of intangible assets       (1) (5)
Prepayment for right-of-use assets       (33) (228) (55)
Purchase of structured deposit products         (60,000) (45,000)
Disposal of property, plant and equipment 3 1 9 6 6
Expenditures on mine development (144) (1,042)        
Disposal of a subsidiary         (263)
Loan to an unrelated company         (80,000)
Repayment from loans due from related companies         125,000
Proceeds from maturity of structured deposit products         65,000 40,000
Net cash flows used in investing activities (145) (1,048) (3) 1,022 7,050 53,352 (5,168)
FINANCING ACTIVITIES              
Proceeds from issuance of shares         41,996
Proceeds from bank loans         50,000
Repayments of bank loans (207) (1,500) (1,500) (435) (3,000) (3,000)
Advances from related companies 336 2,440 149   360 4,082
Advances from the Shareholder         462
Repayment to related companies       (401) (2,765) (50,148)
Repayments to the Shareholder       (998) (6,885) (7,149)
Payment of principal portion of lease liabilities (80) (583) (543) (162) (1,120) (1,463) (1,769)
Payment of interest expenses of lease liabilities (11) (81) (53) (19) (133) (150) (80)
Deemed distribution to the controlling shareholder         (10,297)
Payments related to issuance of shares         (72)
Dividends paid to non-controlling shareholders         (4,900)
Dividends paid to former non-controlling shareholders       (732) (5,048)
Interest paid (259) (1,878) (1,954) (563) (3,882) (4,035) (4,028)
Net cash flows used in financing activities (221) (1,602) (3,901) (3,310) (22,833) (38,786) 48,595
NET (DECREASE)/ INCREASE IN CASH AND CASH EQUIVALENTS 54 397 (8,386) (4,142) (28,569) 2,498 (3,099)
NET FOREIGN EXCHANGE DIFFERENCE 16 117 942 277 1,905 (719) 281
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 4,595 31,695 58,359 8,460 58,359 56,580 59,398
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 4,665 ¥ 32,209 ¥ 50,915 $ 4,595 ¥ 31,695 ¥ 58,359 ¥ 56,580