Annual Report 2020

Sunny Optical Technology (Group) Company Limited • ANNUAL REPORT 2020 252 Notes to the Consolidated Financial Statements 綜合財務報表附註 FOR THE YEAR ENDED 31 DECEMBER 2020 截至二零二零年十二月三十一日止年度 36. FINANCIAL INSTRUMENTS (Continued) b. Financial risk management objectives and policies (Continued) Credit risk and impairment assessment (Continued) Notes: a. For the purposes of internal credit risk management, the Group uses past due information to assess whether credit risk has increased significantly since initial recognition. 2020 Past due Not past due/ No fixed repayment term Total 二零二零年 逾期款項 無逾期╱ 無固定還款期 總額 RMB’ 000 RMB’ 000 RMB’ 000 人民幣千元 人民幣千元 人民幣千元 Bill receivables 應收票據 – 756,530 756,530 Other receivables 其他應收款項 – 63,882 63,882 – 820,412 820,412 2019 Past due Not past due/ No fixed repayment term Total 二零一九年 逾期款項 無逾期╱ 無固定還款期 總額 RMB’ 000 RMB’ 000 RMB’ 000 人民幣千元 人民幣千元 人民幣千元 Bill receivables 應收票據 – 758,311 758,311 Other receivables 其他應收款項 – 67,121 67,121 – 825,432 825,432 b. For trade receivables, the Group has applied the simplified approach in HKFRS 9 to measure the loss allowance at lifetime ECL. Except for debtors with credit-impaired, the Group determines the ECL on these items by using a provision matrix, grouped by debtor’s aging. c. The Group provides fixed-rate loans with a term from one month to one year to local individuals and small enterprises in the PRC. All loans are either backed by guarantees and/or secured by collaterals. The credit risk of loan receivables is low. 36. 金融工具（續） b. 財務風險管理目標及政策（續） 信貸風險及減值評估（續） 附註： a. 出於內部信貸風險管理的目的，本集 團採用逾期資料評估信貸風險自初步 確認以來有否大幅上升。 b. 就貿易應收款項而言，本集團應用了 香港財務報告準則第 9 號的簡單方法以 計量全期預期信貸虧損的虧損撥備。 除出現信貸減值的債務人外，本集團 使用撥備矩陣（按債務人賬齡分組）釐 定該等項目的預期信貸虧損。 c. 本集團向中國當地個體及小型企業提 供期限為一個月至一年的固定利率貸 款。所有貸款均由擔保支持及╱或由 抵押擔保。應收貸款的信貸風險不高。