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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Sep. 30, 2013
USD ($)
Sep. 30, 2013
CNY
Sep. 30, 2012
CNY
Sep. 30, 2011
CNY
Revenues $ 77,297 481,694 552,111 567,434
Cost of revenues (50,561) (315,082) (387,783) (371,591)
Gross profit 26,736 166,612 164,328 195,843
Operating expenses        
Selling and marketing (8,886) (55,375) (56,437) (56,831)
General and administrative (10,615) (66,153) (77,585) (86,748)
Research and development (6,766) (42,162) (37,629) (44,771)
Other income, net 2,446 15,241 3,852 5,120
Total operating expenses, net (23,821) (148,449) (167,799) (183,230)
Income(loss) from operations 2,915 18,163 (3,471) 12,613
Interest expense (1,818) (11,326) (4,029) (1,469)
Share of net income of equity investments 828 5,161 4,030 1,616
Loss on liquidation of a subsidiary 0 0 0 (13,582)
Interest income 285 1,776 2,547 1,771
Income (loss) before income taxes 2,210 13,774 (923) 949
Income tax expense (note 18)        
Current (434) (2,707) (589) (6,991)
Deferred (282) (1,755) (1,273) (6,739)
Income tax expense (716) (4,462) (1,862) (13,730)
Net income (loss) 1,494 9,312 (2,785) (12,781)
Less: Net income (loss) attributable to non-controlling interests 292 1,818 (1,351) 10,298
Net income (loss) attributable to Origin Agritech Limited 1,202 7,494 (1,434) (23,079)
Other comprehensive income (loss)        
Net income (loss) 1,494 9,312 (2,785) (12,781)
Foreign currency translation difference 303 1,890 117 2,939
Comprehensive income (loss) 1,797 11,202 (2,668) (9,842)
Less: Comprehensive income (loss) attributable to non-controlling interests 292 1,818 (1,351) 10,298
Comprehensive income (loss) attributable to Origin Agritech Limited $ 1,505 9,384 (1,317) (20,140)
Net income (loss) attributable to Origin Agritech Limited per share - basic (note 19) (in dollars per share) $ 0.05 0.32 (0.06) (1.00)
Net income (loss) attributable to Origin Agritech Limited per share - diluted (note 19) (in dollars per share) $ 0.05 0.32 (0.06) (1.00)
Shares used in calculating basic net income (loss) per share (in shares) 23,259,127 23,259,127 23,382,812 23,351,615
Shares used in calculating diluted net income (loss) per share (in shares) 23,278,443 23,278,443 23,382,812 23,351,615