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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Sep. 30, 2012
USD ($)
Sep. 30, 2012
CNY
Sep. 30, 2011
CNY
Sep. 30, 2010
CNY
Revenues $ 87,070 552,111 567,434 584,860
Cost of revenues (61,155) (387,783) (371,591) (353,587)
Gross profit 25,915 164,328 195,843 231,273
Operating expenses        
Selling and marketing (8,900) (56,437) (56,831) (52,227)
General and administrative (12,236) (77,585) (86,748) (78,708)
Research and development (5,934) (37,629) (44,771) (38,356)
Other income, net 608 3,852 5,120 2,340
Total operating expenses, net (26,462) (167,799) (183,230) (166,951)
Income(loss) from operations (547) (3,471) 12,613 64,322
Interest expense (635) (4,029) (1,469) (8,539)
Share of net income of equity investments 636 4,030 1,616 9,370
Gain on disposal of an equity investment 0 0 0 8,883
Loss on liquidation of a subsidiary 0 0 (13,582) 0
Interest income 401 2,547 1,771 1,634
Income (loss) before income taxes (145) (923) 949 75,670
Income tax expense (note 18)        
Current (93) (589) (6,991) (4,046)
Deferred (201) (1,273) (6,739) (5,273)
Income tax expense (294) (1,862) (13,730) (9,319)
Net income (loss) (439) (2,785) (12,781) 66,351
Less: Net income (loss) attributable to non-controlling interests (213) (1,351) 10,298 17,298
Net income (loss) attributable to Origin Agritech Limited (226) (1,434) (23,079) 49,053
Other comprehensive income (loss)        
Net income (loss) (439) (2,785) (12,781) 66,351
Foreign currency translation difference 19 117 2,939 1,067
Comprehensive income (loss) (420) (2,668) (9,842) 67,418
Less: Comprehensive income (loss) attributable to non-controlling interests (213) (1,351) 10,298 17,298
Comprehensive income (loss) attributable to Origin Agritech Limited $ (207) (1,317) (20,140) 50,120
Net income (loss) attributable to Origin Agritech Limited per share basic (note 19) (in dollars per share) $ (0.01) (0.06) (1.00) 2.12
Net income (loss) attributable to Origin Agritech Limited per share diluted (note 19) (in dollars per share) $ (0.01) (0.06) (1.00) 2.10
Shares used in calculating basic net income (loss) per share (in shares) 23,382,812 23,382,812 23,351,615 23,189,464
Shares used in calculating diluted net income (loss) per share (in shares) 23,382,812 23,382,812 23,351,615 23,337,265