LOSS BEFORE INCOME TAX (Tables)

12 Months Ended

Dec. 31, 2023

Loss Before Income Tax

Schedule of loss before tax from continuing operations is arrived at after (crediting)/charging

	Year Ended December 31,
	2021			2022			2023			2023
	CNY			CNY			CNY			US$
Crediting:
Finance income		(13	)		(13	)		(5	)		(1	)
Depreciation
- Property, plant and equipment (Note 9)		62			29			5			1
- Right-of-use assets (Note 11)		719			700			691			98
Expense relating to short-term leases (Note 11)		601			353			194			28
Fair value (gain)/loss on financial instruments:
- Financial assets at fair value through profit or loss		45,816			—			—			—
- Derivative financial liabilities		(7,467	)		(1,007	)		(847	)		(120	)
Expenses related to share-based payment		—			—			3,074			435
Consultants share option expense		—			16,152			—			—
Issuance expense related to placement		1,579			—			—			—
Other income		(599	)		(699	)		(3,742	)		(529	)
Finance costs		166			(191	)		48			7
Employee benefit expenses** (Note 6)		1,517			1,171			1,192			168

The Group’s loss before tax from discontinuing operations is arrived at after (crediting)/charging:

	Year Ended December 31,
	2021			2022			2023			2023
	CNY			CNY			CNY			US$
Crediting:
Finance income		(16,922	)		(15,594	)		(8,785	)		(1,241	)
Charging:
Cost of sales
- Sales of water treatment equipment		—			94			—			—
- Construction service		12,876			8,580			2,435			345
- Operation and maintenance services		162			—			307			43
- Operation services related to service concession arrangement		5,067			5,811			3,130			442
- Construction services related to service concession arrangement		389			—			—			—
Cost of sales		18,494			14,485			5,872			830
Depreciation
- Property, plant and equipment (Note 9)		448			275			95			14
- Right-of-use assets (Note 11)		647			713			359			50
Amortization of intangible assets* (Note 10)		884			813			460			65
Expense relating to short-term leases (Note 11)		—			137			129			18
Impairment losses/(reversal) on financial assets:
- Trade receivables		3,840			(3,989	)		383			54
- Contract assets		357			171			3,545			501
- Other receivables		239			2,745			6,003			848
- Amounts due from related companies		(1,106	)		—			—			—
Other losses / (income)		782			(205	)		142			20
Finance costs		4,193			3,586			1,906			270
Employee benefit expenses**		9,979			9,416			4,960			701

* The amortization of intangible assets allocated to cost of sales amounted to CNY730, CNY730 and CNY425 (US$60) and administrative expenses amounted to CNY154, CNY83 and CNY35 (US$5) on the consolidated statements of profit or loss for the years ended December 31, 2021, 2022 and 2023.

** The employee benefit expenses allocated to cost of sales amounted to CNY2,772, CNY1,418 and CNY870 (US$123), selling and distribution expenses amounted to CNY159, CNY111, CNY70 (US$10) and administrative expenses amounted to CNY8,565, CNY9,058 and CNY5,212 (US$736) on the consolidated statements of profit or loss for the years ended December 31, 2021, 2022 and 2023.