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ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)
 12 Months Ended
Sep. 30, 2015
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
Schedule Of Subsidiaries and Variable Interest Entities [Table Text Block]
As of September 30, 2015, details of the Company’s subsidiaries and variable interest entities are as follows:
 
 
 
Date of
 
Place of
 
Percentage
 
 
 
 
Incorporation
 
Incorporation
 
of
 
Principal
Name
 
or Establishment
 
or Establishment
 
Ownership
 
Activity
 
 
 
 
 
 
 
 
 
Subsidiaries:
 
 
 
 
 
 
 
 
State Harvest Holdings
Limited(“State Harvest”)
 
October 6, 2004
 
British Virgin
Islands
 
100%
 
Investment
holding
 
 
 
 
 
 
 
 
 
Beijing Origin State Harvest
 
December 1, 2004
 
People’s Republic
 
100%
 
Hybrid seed
Biotechnology Limited
(“BioTech”)
 
 
 
of China (“PRC”)
 
 
 
technology
development
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Variable interest entity:
 
 
 
 
 
 
 
 
Beijing Origin Seed Limited (note (i)) (“Beijing Origin”)
 
December 26, 1997
 
PRC
 
-
 
Hybrid crop seed
development,
 
 
 
 
 
 
 
 
production and
 
 
 
 
 
 
 
 
distribution
 
 
 
 
 
 
 
 
 
Subsidiaries held by Beijing Origin:
 
 
 
 
 
 
 
 
Henan Origin Cotton Technology Development Limited (note (i))
(“Henan Cotton”)
 
March 2, 2001
 
PRC
 
92.04%
 
Hybrid crop seed
development,
production and
distribution
 
 
 
 
 
 
 
 
 
Changchun Origin Seed Technology Development Limited (note (i)) (“Changchun Origin”)
 
April 29, 2003
 
PRC
 
99.83%
 
Hybrid crop seed
development,
production and
distribution
 
 
 
 
 
 
 
 
 
Linze Origin Seed Limited
(note (i))
 
November 18, 2008
 
PRC
 
100%
 
Hybrid crop seed
development,
production and
distribution
 
 
 
 
 
 
 
 
 
Xinjiang Originbo Seed Company Limited (“Xinjiang Origin”) (note (i))
 
July 13, 2011
 
PRC
 
51%
 
Hybrid crop seed
development,
production and
distribution
 
 
 
 
 
 
 
 
 
DenongZhengcheng Seed Limited (“Denong”)
 
June 21, 2000
 
PRC
 
98.58%
 
Hybrid seed
development,
production and
distribution
 
Note (i):
Beijing Origin Seed Limited, Henan Origin Cotton Technology Development Limited, Changchun Origin Seed Technology Development Limited, Linze Origin Seed Limited and Xinjiang Originbo Seed Company Limited are collectively referred to as “Beijing Origin”.
Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]
The Company has aggregated the financial information of Beijing Origin and its subsidiaries in the table below. The aggregated carrying amount of assets and liabilities of Beijing Origin and its subsidiaries after elimination of intercompany transactions and balances consolidated in the Company’s consolidated balance sheets as of September 30, 2014 and 2015 are as follows:
 
Risks in relation to the VIE structure
 
 
 
September 30,
 
 
 
2014
 
2015
 
2015
 
 
 
RMB
 
RMB
 
US$
 
ASSETS
 
 
 
 
 
 
 
 
 
 
Current Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
 
41,987
 
 
65,138
 
 
10,240
 
Restricted cash
 
 
15,670
 
 
-
 
 
-
 
Accounts receivable
 
 
1,021
 
 
2,051
 
 
322
 
Due from related parties
 
 
2,698
 
 
-
 
 
-
 
Advances to suppliers
 
 
17,720
 
 
20,796
 
 
3,269
 
Advances to growers
 
 
20,759
 
 
10,483
 
 
1,648
 
Inventories
 
 
516,323
 
 
439,518
 
 
69,092
 
Income tax recoverable
 
 
49
 
 
49
 
 
8
 
Other current assets
 
 
4,347
 
 
4,292
 
 
675
 
Total current assets
 
 
620,574
 
 
542,327
 
 
85,254
 
Restricted cash
 
 
-
 
 
20,280
 
 
3,188
 
Land use rights, net
 
 
31,799
 
 
31,722
 
 
4,987
 
Plant and equipment, net
 
 
338,345
 
 
324,812
 
 
51,061
 
Equity investments
 
 
18,721
 
 
18,721
 
 
2,943
 
Goodwill
 
 
11,973
 
 
11,973
 
 
1,882
 
Acquired intangible assets, net
 
 
25,303
 
 
22,593
 
 
3,552
 
Other assets
 
 
4,009
 
 
3,079
 
 
484
 
Total assets
 
 
1,050,724
 
 
975,507
 
 
153,351
 
LIABILITIES
 
 
 
 
 
 
 
 
 
 
Current liabilities
 
 
 
 
 
 
 
 
 
 
Short-term borrowings
 
 
212,695
 
 
220,000
 
 
34,584
 
Current portion of long-term borrowings
 
 
33,805
 
 
24,000
 
 
3,773
 
Accounts payable
 
 
4,522
 
 
4,386
 
 
690
 
Due to growers
 
 
17,943
 
 
17,337
 
 
2,725
 
Due to related parties
 
 
10,234
 
 
40,757
 
 
6,407
 
Advance from customers
 
 
324,265
 
 
264,168
 
 
41,527
 
Deferred revenues
 
 
19,029
 
 
11,248
 
 
1,768
 
Income tax payable
 
 
-
 
 
37
 
 
6
 
Other payables and accrued expenses
 
 
67,578
 
 
49,845
 
 
7,835
 
Total current liabilities
 
 
690,071
 
 
631,778
 
 
99,315
 
Long-term borrowings
 
 
31,023
 
 
27,023
 
 
4,248
 
Other long-term liability
 
 
19,649
 
 
19,939
 
 
3,134
 
Total liabilities
 
 
740,743
 
 
678,740
 
 
106,697