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CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Sep. 30, 2017
CNY (¥)
Sep. 30, 2017
USD ($)
Sep. 30, 2016
CNY (¥)
Sep. 30, 2015
CNY (¥)
Operating activities:        
Net loss ¥ (106,261) $ (16,011) ¥ (76,833) ¥ (17,814)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Depreciation and amortization 27,687 4,172 31,222 30,547
Loss on disposal of plant and equipment 327 49 257 152
Loss on disposal of subsidiaries and assets 3,282 495 0 0
Allowance for doubtful account 0 0 242 0
Recovery on receivables (712) (107) 0 0
Impairment on plant and equipment 25,873 3,898 0 0
Provision for inventories 18,833 2,838 20,502 10,965
Non-cash interest expense (interest accretion) 3,227 486 0 0
Shares issued upon sign off of Equity Purchase Agreement (note 19) 1,039 157 0 0
Share-based compensation expense 5,404 814 8,796 1,612
Changes in operating assets and liabilities:        
Accounts receivable 36 5 1,318 (1,030)
Due from related parties 0 0 0 2,698
Advances to growers 15,318 2,308 (876) (37)
Advances to suppliers (126) (19) 3,121 7,267
Inventories (21,533) (3,244) 50,974 65,841
Income tax recoverable 49 7 0 0
Other current assets (4,153) (626) 40 (425)
Other assets (1,914) (288) 436 930
Accounts payable 4,114 620 (15) (136)
Due to growers 21,114 3,181 2,589 (606)
Due to related parties 61,903 9,327 58,291 30,573
Advances from customers (157,407) (23,717) (55,703) (60,098)
Income tax payable 0 0 (37) 37
Deferred revenues (7,008) (1,056) (4,240) (7,781)
Other long-term liabilities 66 10 7,568 290
Other payables and accrued expenses (9,325) (1,405) 253 (10,796)
Net cash provided by (used in) operating activities (120,167) (18,106) 47,905 52,189
Investing activities:        
Proceeds from disposal of commercial seed business, net of cash disposed (note 4) 33,165 4,997 10,000 0
Purchase of plant and equipment (2,624) (395) (15,714) (14,747)
Proceeds from disposal of plant and equipment 265 40 483 172
Purchase of land use rights (1,267) (191) 0 (900)
Purchase of intangible assets 0 0 (1,250) (4,884)
Net cash provided by (used in) by investing activities 29,539 4,451 (6,481) (20,359)
Financing activities:        
Restricted cash 21,181 3,191 (901) (4,610)
Proceeds from short-term borrowings 15,000 2,260 195,000 235,000
Proceeds from issuance of convertible promissory note 8,628 1,300 0 0
Proceeds from exercise of stock options 543 82 0 0
Proceeds from issuance of treasury stocks 6,115 921 0 0
Repayment of short-term borrowings (90,000) (13,561) (225,000) (240,000)
Proceeds from long-term borrowings 120,000 18,081 6,085 33,949
Repayment of long-term borrowings (34,459) (5,191) (24,000) (33,805)
Net cash provided by (used in) financing activities 47,008 7,083 (48,816) (9,466)
Net increase (decrease) in cash and cash equivalents (43,620) (6,572) (7,392) 22,364
Cash and cash equivalents, beginning of year 3,575 8,213 66,025 46,268
Effect of exchange rate changes on cash and cash equivalents (7,644) (1,152) (4,124) (2,607)
Cash and cash equivalents, end of the year 3,245 489 3,575 66,025
Supplemental disclosures of cash flow information:        
Income taxes paid 1,282 193 1,436 1,258
Interest paid, net of interest capitalized 14,486 2,183 14,251 18,649
Supplemental disclosure of non-cash financing activities:        
Issuance of commitment shares related to notes payable ¥ 1,847 $ 278 ¥ 0 ¥ 0