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CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY | 12 Months Ended
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Sep. 30, 2012
Condensed Financial Information Of Parent Company Only Disclosure [Abstract] |
Condensed Financial Information of Parent Company Only Disclosure [Text Block] | 25. CONDENSED FINANCIAL INFORMATION OF THE PARENT COMPANY The condensed financial statements of Origin Agritech Limited (the “parent company”) have been prepared in accordance with accounting principles generally accepted in the United States of America. Under the PRC laws and regulations, the Company’s PRC subsidiaries are restricted in their ability to transfer certain of their net assets to the parent company in the form of dividend payments, loans or advances. The amounts restricted include paid-in capital, capital surplus and statutory reserves, as determined pursuant to PRC generally accepted accounting principles, totaling RMB109,651 and RMB109,651 as of September 30, 2011 and 2012, respectively. The following represents condensed unconsolidated financial information of the parent company only: CONDENSED BALANCE SHEET
|  | September 30 |
|  | 2011 |  |  | 2012 |
|  | RMB |  |  | RMB |
ASSETS |  |  |  |  |  |  |  |
Current assets |  |  |  |  |  |  |  |
Cash and cash equivalents |  |  | 1,099 |  |  |  | 1,991 |
Other receivables |  |  | 118 |  |  |  | 3 |
Acquired intangible assets, net |  |  | 1 |  |  |  | - |
Due from inter-companies |  |  | 136,796 |  |  |  | 129,807 |
Total current assets |  |  | 138,014 |  |  |  | 131,801 |
Investment in unconsolidated subsidiaries |  |  | 165,522 |  |  |  | 170,383 |
Total assets |  |  | 303,536 |  |  |  | 302,184 |
LIABILITIES AND EQUITY |  |  |  |  |  |  |  |
Current liabilities |  |  |  |  |  |  |  |
Due to related parties |  |  | 1,509 |  |  |  | 1,506 |
Other payables and accrued expenses |  |  | 3,931 |  |  |  | 572 |
Income tax payable |  |  | 39,059 |  |  |  | 39,059 |
Total current liabilities |  |  | 44,499 |  |  |  | 41,137 |
Total stockholders’ equity |  |  | 259,037 |  |  |  | 261,047 |
Total liabilities and stockholders’ equity |  |  | 303,536 |  |  |  | 302,184 |
CONDENSED STATEMENT OF INCOME AND COMPREHENSIVE INCOME
|  | Year ended September 30, |
|  | 2010 |  |  | 2011 |  |  | 2012 |
|  | RMB |  |  | RMB |  |  | RMB |
Cost of revenues |  |  | (208 | ) |  |  | (21 | ) |  |  | - |
Operating expenses |  |  |  |  |  |  |  |  |  |  |  |
Selling and marketing |  |  | (295 | ) |  |  | (29 | ) |  |  | - |
General and administrative |  |  | (11,058 | ) |  |  | (11,596 | ) |  |  | (7,475 | )
Research and development |  |  | (146 | ) |  |  | (32 | ) |  |  | - |
Other income, net |  |  | - |  |  |  | - |  |  |  | 1,595 |
(Loss) from operations |  |  | (11,707 | ) |  |  | (11,678 | ) |  |  | (5,880 | )
Equity in earnings of unconsolidated subsidiaries |  |  | 60,507 |  |  |  | (11,402 | ) |  |  | 4,446 |
Interest income |  |  | 253 |  |  |  | 1 |  |  |  | - |
Interest expense |  |  | - |  |  |  | - |  |  |  | - |
Profit (loss) before income taxes |  |  | 49,053 |  |  |  | (23,079 | ) |  |  | (1,434 | )
Income tax expense |  |  | - |  |  |  | - |  |  |  | - |
Net profit (loss) |  |  | 49,053 |  |  |  | (23,079 | ) |  |  | (1,434 | )
CONDENSED STATEMENT OF CASH FLOWS
|  | Year ended September 30, |
|  | 2010 |  |  | 2011 |  |  | 2012 |
|  | RMB |  |  | RMB |  |  | RMB |
Net cash provided by/(used in) operating activities |  |  | 108,012 |  |  |  | (3,745 | ) |  |  | (2,137 | )
Net cash provided by/(used in) financing activities |  |  | (106,493 | ) |  |  | 7,292 |  |  |  | 3,327 |
Net increase/(decrease) in cash and cash equivalents |  |  | 1,519 |  |  |  | 3,547 |  |  |  | 1,190 |
Cash and cash equivalents, beginning of year |  |  | 6,245 |  |  |  | 4,995 |  |  |  | 1,099 |
Effect of exchange rate changes on cash and cash equivalents |  |  | (2,769 | ) |  |  | (7,443 | ) |  |  | (298 | )
Cash and cash equivalents, end of year |  |  | 4,995 |  |  |  | 1,099 |  |  |  | 1,991 |
BASIS OF PRESENTATION The condensed financial information has been prepared using the same accounting policies as set out in the Company’s consolidated financial statements except that the parent Company has used equity method to account for its investments in subsidiaries.

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- Definition The entire disclosure for condensed financial information, including the financial position, cash flows, and the results of operations of the registrant (parent company) as of the same dates or for the same periods for which audited consolidated financial statements are being presented. Alternatively, the details of this disclosure can be reported by the specific parent company taxonomy elements, indicating the appropriate date and period contexts in an instance document. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph c -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 12 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 06 -Article 9 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 05 -Paragraph c -Article 7 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 810 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=7656940&loc=d3e5283-111683 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 3 -Subparagraph (SX 210.12-04) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e24072-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Research Bulletin (ARB) -Number 51 -Paragraph 24 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
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