XML 19 R4.htm IDEA: XBRL DOCUMENT v3.3.1.900
CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2015
USD ($)
$ / shares
shares
Sep. 30, 2015
CNY (¥)
¥ / shares
shares
Sep. 30, 2014
CNY (¥)
¥ / shares
shares
Sep. 30, 2013
CNY (¥)
¥ / shares
shares
Revenues, including sales to a related party of RMB nil, RMB nil and RMB40,586 for the years ended September 30, 2013, 2014 and 2015, respectively (note 3) $ 59,147 ¥ 376,250 ¥ 414,891 ¥ 481,694
Cost of revenues (41,507) (264,039) (301,148) (315,082)
Gross profit 17,640 112,211 113,743 166,612
Operating expenses        
Selling and marketing (6,286) (39,987) (58,972) (55,375)
General and administrative (6,396) (40,684) (46,428) (66,153)
Research and development (7,662) (48,741) (40,377) (42,162)
Other income, net 2,915 18,541 7,555 15,241
Total operating expenses, net (17,429) (110,871) (138,222) (148,449)
Income(loss) from operations 211 1,340 (24,479) 18,163
Interest expense (2,929) (18,634) (19,743) (11,326)
Share of net income (loss) of equity investments 0 0 (776) 5,161
Loss on disposal of an equity method investment 0 0 (1,498) 0
Loss on disposal of a subsidiary 0 0 (2,623) 0
Interest income 122 775 596 1,776
Income (loss) before income taxes (2,596) (16,519) (48,523) 13,774
Income tax (expense) benefits(note 18)        
Current (204) (1,295) (677) (2,707)
Deferred $ 0 0 0 (1,755)
Reversal of contingent tax liability 0 39,060 0
Income tax (expense) benefits $ (204) (1,295) 38,383 (4,462)
Net income (loss) (2,800) (17,814) (10,140) 9,312
Less: Net income (loss) attributable to non-controlling interests (630) (4,006) (613) 1,818
Net income (loss) attributable to Origin Agritech Limited (2,170) (13,808) (9,527) 7,494
Other comprehensive income (loss)        
Net income (loss) (2,800) (17,814) (10,140) 9,312
Foreign currency translation difference (410) (2,607) (56) 1,890
Comprehensive income (loss) (3,210) (20,421) (10,196) 11,202
Less: Comprehensive income (loss) attributable to non-controlling interests (630) (4,006) (613) 1,818
Comprehensive income (loss) attributable to Origin Agritech Limited $ (2,580) ¥ (16,415) ¥ (9,583) ¥ 9,384
Net income (loss) attributable to Origin Agritech Limited per share - basic (note 19) (in dollars per share) | (per share) $ (0.10) ¥ (0.61) ¥ (0.42) ¥ 0.32
Net income (loss) attributable to Origin Agritech Limited per share - diluted (note 19) (in dollars per share) | (per share) $ (0.10) ¥ (0.61) ¥ (0.42) ¥ 0.32
Shares used in calculating basic net income (loss) per share (in shares) 22,794,791 22,794,791 22,743,853 23,259,127
Shares used in calculating diluted net income (loss) per share (in shares) 22,794,791 22,794,791 22,743,853 23,278,443