Annual Report 2018

208 FOR THE YEAR ENDED 31 DECEMBER 2018 　截至二零一八年十二月三十一日止年度 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 綜合財務報告附註 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 3 財務風險管理 （續） 3.1 財務風險因素 （續） (b) 信貸風險 （續） (i) 管控該風險 為管控該風險，本集團 的存款主要存入國有金 融機構及有良好信譽的 銀行。本集團已制定政 策以確保銷售予擁有相 當財政實力、信用歷史 及支付適當百分比首期 付款的信譽良好客戶， 亦制定其他監控程序以 確保採取跟進措施收回 逾期債務。 此外，本集團定期審核 個人客戶的信用限額授 權及每項個別應收賬款 的可收回金額，以確保 已就不可收回款項計提 充分的減值虧損。 本 集 團 有 信 貸 集 中 風 險 。 截 至 二 零 一 八 年 十 二 月 三 十 一 日 止 年 度 銷 售 的 貨 物 予 中 國 客 戶 佔 本 集 團 營 業 額 79.1% （ 二 零 一 七 年： 80.1% ）。於二零一八年 十二月三十一日，其約 佔應收賬款賬面總額的 83.3% （二零一七年： 87.8% ）。本集團持續密 切監控尚未償還應收結 餘的收回情況，務求將 信貸風險降至最低。 3 Financial risk management (continued) 3.1 Financial risk factors (continued) (b) Credit risk (continued) (i) Risk management To manage this risk, deposits of the Group are mainly placed with state- own e d f i n a n c i a l i n s t i t u t i o n s a n d reputable banks. The Group has policies in place to ensure that sales are made to reputable and creditworthy customers with an appropriate financial strength, c r ed i t h i s t o r y and an app r op r i a t e percentage of down payments. It also has other monitoring procedures to ensure that follow-up action is taken to recover overdue debts. In addition, the Group reviews regularly the authorisation of credit limits to individual customers and recoverable amo u n t o f e a c h i n d i v i d u a l t r a d e receivables to ensure that adequate i mp a i r me n t l o s s e s a r e ma d e f o r irrecoverable amounts. The Group has concentration of credit risk. Sales of goods to the customers g e o g r a p h i c a l l y l o c a t e d i n P R C constituted 79.1% (2017: 80.1%) of the Group’s revenue for the year ended 31 December 2018. They accounted for approximately 83.3% (2017: 87.8%) of the gross trade receivable balances as at 31 December 2018. Collections of outstanding receivable balances are closely monitored on an ongoing basis to minimise such credit risk.