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ORGANIZATION AND PRINCIPAL ACTIVITIES (Tables)
 12 Months Ended
Sep. 30, 2016
Organization, Consolidation and Presentation Of Financial Statements [Abstract]  
Schedule Of Subsidiaries and Variable Interest Entities [Table Text Block]
As of September 30, 2016, 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
Biotechnology Limited
(“BioTech”)
 
December 1, 2004
 
People’s Republic
of China (“PRC”)
 
 
100%
 
Hybrid seed
technology
development
 
 
 
 
 
 
 
 
 
 
 
 
Origin Agritech USA LLC
 (“Origin USA”)
 
August 12, 2016
 
United States
of America (“USA”)
 
 
100%
 
Hybrid seed
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)) (“Linze Origin”)
 
November 18, 2008
 
PRC
 
 
100%
 
Hybrid crop seed
development,
production and
distribution
 
 
 
 
 
 
 
 
 
 
 
 
Xinjiang Originbo Seed Company Limited (note (i)) (“Xinjiang Origin”)
 
July 13, 2011
 
PRC
 
 
51%
 
Hybrid crop seed
development,
production and
distribution
 
 
 
 
 
 
 
 
 
 
 
 
Denong Zhengcheng 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, 2015 and 2016 are as follows:
 
Risks in relation to the VIE structure
 
 
 
September 30,
 
 
 
2015
 
2016
 
2016
 
 
 
RMB
 
RMB
 
US$
 
ASSETS
 
 
 
 
 
 
 
 
 
 
Current Assets
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
 
65,138
 
 
53,855
 
 
8,065
 
Restricted cash
 
 
-
 
 
21,181
 
 
3,172
 
Accounts receivable
 
 
2,051
 
 
491
 
 
74
 
Advances to suppliers
 
 
20,796
 
 
21,672
 
 
3,245
 
Advances to growers
 
 
10,483
 
 
6,885
 
 
1,031
 
Inventories
 
 
439,518
 
 
368,042
 
 
55,114
 
Income tax recoverable
 
 
49
 
 
48
 
 
7
 
Other current assets
 
 
4,292
 
 
4,730
 
 
708
 
Total current assets
 
 
542,327
 
 
476,904
 
 
71,416
 
Restricted cash
 
 
20,280
 
 
-
 
 
-
 
Land use rights, net
 
 
31,722
 
 
30,740
 
 
4,603
 
Plant and equipment, net
 
 
324,812
 
 
313,688
 
 
46,975
 
Equity investments
 
 
18,721
 
 
18,721
 
 
2,803
 
Goodwill
 
 
11,973
 
 
11,973
 
 
1,793
 
Acquired intangible assets, net
 
 
22,593
 
 
16,961
 
 
2,540
 
Other assets
 
 
3,079
 
 
2,410
 
 
362
 
Total assets
 
 
975,507
 
 
871,397
 
 
130,492
 
LIABILITIES
 
 
 
 
 
 
 
 
 
 
Current liabilities
 
 
 
 
 
 
 
 
 
 
Short-term borrowings
 
 
220,000
 
 
190,000
 
 
28,452
 
Current portion of long-term borrowings
 
 
24,000
 
 
7,023
 
 
1,052
 
Accounts payable
 
 
4,386
 
 
4,371
 
 
655
 
Due to growers
 
 
17,337
 
 
19,926
 
 
2,984
 
Due to related parties
 
 
40,757
 
 
103,905
 
 
15,560
 
Advance from customers
 
 
264,168
 
 
208,464
 
 
31,217
 
Deferred revenues
 
 
11,248
 
 
7,008
 
 
1,049
 
Income tax payable
 
 
37
 
 
-
 
 
-
 
Other payables and accrued expenses
 
 
49,845
 
 
53,216
 
 
7,969
 
Total current liabilities
 
 
631,778
 
 
593,913
 
 
88,938
 
Long-term borrowings
 
 
27,023
 
 
20,000
 
 
2,995
 
Other long-term liability
 
 
19,939
 
 
27,507
 
 
4,120
 
Total liabilities
 
 
678,740
 
 
641,420
 
 
96,053