Annual and transition report of foreign private issuers pursuant to Section 13 or 15(d)

Trade Receivables (Tables)

v3.22.2
Trade Receivables (Tables)
12 Months Ended
Feb. 28, 2022
Trade Receivables External Customers [Abstract]  
Summary of Net Trade Receivables

 

 

As of

February 28,

2022

 

 

As of

February 28,

2021

 

 

 

US$

 

 

US$

 

Gross trade receivables

 

 

53,204,934

 

 

 

26,961,682

 

Less: Impairment loss allowance of trade receivables

 

 

(9,354,282

)

 

 

(4,108,567

)

Net trade receivables

 

 

43,850,652

 

 

 

22,853,115

 

 

Summary of Movement in the Impairment Loss Allowance of Trade Receivables

The movement in the impairment loss allowance of trade receivables during the year is as follows:

 

 

Non-

credit

impaired

 

 

Credit

impaired

 

 

Total

 

 

 

US$

 

 

US$

 

 

US$

 

As of February 29, 2020

 

 

138,956

 

 

 

 

 

 

138,956

 

Impairment loss recognised

 

 

223,144

 

 

 

3,746,467

 

 

 

3,969,611

 

As of February 28, 2021

 

 

362,100

 

 

 

3,746,467

 

 

 

4,108,567

 

Impairment loss recognised

 

 

2,618,328

 

 

 

4,170,801

 

 

 

6,789,129

 

Write-off

 

 

 

 

 

(1,543,414

)

 

 

(1,543,414

)

As of February 28, 2022

 

 

2,980,428

 

 

 

6,373,854

 

 

 

9,354,282