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CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME
¥ in Thousands, $ in Thousands
12 Months Ended
Sep. 30, 2018
CNY (¥)
¥ / shares
shares
Sep. 30, 2018
USD ($)
$ / shares
shares
Sep. 30, 2017
CNY (¥)
¥ / shares
shares
Sep. 30, 2016
CNY (¥)
¥ / shares
shares
Revenues ¥ 12,927 $ 1,879 ¥ 870 ¥ 481
Cost of revenues (7,047) (1,024) (678) 0
Gross profit 5,880 855 192 481
Operating expenses        
Selling and marketing (411) (60) 0 0
General and administrative (32,147) (4,673) (36,094) (32,974)
Research and development (27,132) (3,944) (38,682) (41,272)
Other income, net 18,291 2,659 5,028 8,265
Total operating expenses, net (41,399) (6,018) (69,748) (65,981)
Loss from continuing operations (35,519) (5,163) (69,556) (65,500)
Interest expense (22,787) (3,312) (9,006) (7,607)
Interest income 6 1 1,427 69
Impairment loss (3,807) (553) (44,706) 0
Loss on termination of business disposal (90,683) (13,182) 0 0
Loss before income taxes from continuing operations (152,790) (22,209) (121,841) (73,038)
Income tax (expense) benefits from continuing operations (note 20)        
Current 0 0 0 0
Deferred 0 0 0 0
Income tax (expenses) benefit from continuing operations 0 0 0 0
Net loss from continuing operations (152,790) (22,209) (121,841) (73,038)
Discontinued Operations:        
(Loss) income from discontinued operations, net of taxes (note 4) 0 0 18,862 (3,795)
Loss on disposal of commercial seed business, net of taxes (note 4) 0 0 (3,282) 0
Net (loss) income from discontinued operations 0 0 15,580 (3,795)
Net loss (152,790) (22,209) (106,261) (76,833)
Less: Net (loss) income attributable to non-controlling interests 873 127 (30,587) (11,255)
Net loss attributable to Origin Agritech Limited (153,663) (22,336) (75,674) (65,578)
Other comprehensive loss        
Net loss (152,790) (22,209) (106,261) (76,833)
Foreign currency translation difference (3,315) (482) (7,644) (4,124)
Comprehensive loss (156,105) (22,691) (113,905) (80,957)
Less: Comprehensive (loss) income attributable to non-controlling interests 873 127 (30,587) (11,255)
Comprehensive loss attributable to Origin Agritech Limited ¥ (156,978) $ (22,818) ¥ (83,318) ¥ (69,702)
Basic and diluted net income (loss) per share (note 21)        
Continuing operations | (per share) ¥ (50.18) $ (7.29) ¥ (32.20) ¥ (22.56)
Discontinued operations | (per share) 0 0 5.25 (1.20)
Basic and diluted net loss per share attributable to Origin Agritech Limited | (per share) ¥ (50.18) $ (7.29) ¥ (26.95) ¥ (23.76)
Shares used in calculating basic and diluted net income (loss) per share [1] 3,061,979 3,061,979 2,808,293 2,759,834
[1] Retrospectively restated for effect of reverse stock split