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PLANT AND EQUIPMENT, NET

12 Months Ended

Sep. 30, 2017

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

9. PLANT AND EQUIPMENT, NET

Plant and equipment, net consist of the following:

		September 30,
		2016			2017
		RMB			RMB
Plant and building			127,601			127,608
Machinery and equipment			44,098			48,625
Furniture and office equipment			12,388			12,392
Motor vehicles			4,378			4,777
Total			188,465			193,402
Accumulated depreciation			(42,021)			(50,081)
Accumulated impairment			-			-
Construction in progress			5,615			1,511
Plant and equipment, net			152,059			144,832

Included in plant and building with net values of RMB 144,184 and RMB 37,720 have been pledged for bank loans as of September 30, 2016 and September 30, 2017.

The depreciation expenses for the years ended September 30, 2015, 2016 and 2017 were RMB7,859, RMB8,805, and RMB8,724, respectively.

Construction in progress mainly refers to the new seed incubation facilities under construction.

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- References

No definition available.

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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