Annual Report 2021

FOR THE YEAR ENDED 31 DECEMBER 2021 截至二零二一年十二月三十一日止年度 164 SHOUGANG CENTURY HOLDINGS LIMITED 首佳科技製造有限公司 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 綜合財務報告附註 3 財務風險管理 （續） 3.1 財務風險因素 （續） (b) 信貸風險 （續） (i) 風險管控 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 他監控程式以確保採取 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。 截至二零二一年十二月 三十一日止年度銷售的 貨物予中國客戶佔本集 團 營 業 額 68.2% （ 二 零 二零年： 77.0% ）。於二 零二一年十二月三十一 日，其約佔應收賬款賬面 總額的 67.6% （二零二零 年： 81.6% ）。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。 (ii) 金融資產減值 本集團存貨銷售及服務 提供的應收賬款及應收 票據須遵守預期信貸虧 損模式。 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- owned financial institutions and reputable banks. The Group has policies in place to ensure that sales are made to reputable and creditworthy customers with an appropriate financial strength, credit history and an appropriate 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 amount of each individual trade receivables to ensure that adequate impairment losses are made for irrecoverable amounts. Sales of goods to the customers geographically located in the PRC constituted 68.2% (2020: 77.0%) of the Group’s revenue for the year ended 31 December 2021. They accounted for approximately 67.6% (2020: 81.6%) of the trade receivable balances as at 31 December 2021. Collections of outstanding receivable balances are closely monitored on an ongoing basis to minimise such credit risk. (ii) Impairment of financial assets Trade and bills receivables for sales of goods of the Group and from the provision of services are subject to the expected credit loss model.