XML 22 R7.htm IDEA: XBRL DOCUMENT v3.24.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS
¥ in Thousands, $ in Thousands
 12 Months Ended
Sep. 30, 2023
CNY (¥)
Sep. 30, 2023
USD ($)
Sep. 30, 2022
CNY (¥)
Sep. 30, 2021
CNY (¥)
Operating activities:        
Net loss ¥ 62,669 $ 8,728 ¥ 2,325 ¥ (127,081)
Adjustments to reconcile net loss to net cash provided by operating activities:        
Depreciation and amortization 4,031 561 3,901 8,279
Loss/(gain) on disposal of plant and equipment 373 52 212 (3,642)
Gain on disposal of land use right       (6,426)
Loss on termination of business disposal       (106)
Gain on disposal of lease assets (651) (91)    
Loss on disposal of subsidiaries and assets (69,529) (9,684)    
Allowance for doubtful account 0   0 401
Allowance for due from related parties 500 70   3,789
Allowance for due from related party-noncurrent       40,540
Recovery on receivables (10) (1)   (189)
Recovery on Due from related parties     (2,131)  
Impairment on intangible assets 2,204 307   87
Impairment on long-term equity investment 1,490 208 2,906 5,957
Impairment on land use rights       7,600
Impairment on plant and equipment       60,652
Inventory write off       7,976
Interest expense relief (20,361) (2,836)    
Share-based compensation expense 1,163 162 1,038 10,952
Changes in operating assets and liabilities:        
Accounts receivable 1,654 230 (359) 3,040
Due from related parties 4,842 674 3,183 (10,663)
Advances to suppliers (51,458) (7,167) (14,223) (4,616)
Inventories (10,933) (1,523) 2,072 1,414
Other current assets (17,476) (2,434) (8,929) (2,178)
Operating lease right-of-use assets, net (350) (49)    
Other assets     83 14
Accounts payable 2,193 305 991 (427)
Due to growers     (6,269)  
Due to related parties 18,856 2,626 (2,388) 1,588
Advances from customers 50,048 6,971 14,797 (18,847)
Income tax payable 0 0 (135) (28)
Lease liabilities 241 34 (1,491) (119)
Other long-term liabilities (2,270) (316) (1,486) (7,357)
Other payables and accrued expenses 17,318 2,414 9,194 4,313
Net cash provided by (used in) operating activities (5,456) (759) 3,291 (25,077)
Investing activities:        
Proceeds from disposal of plant and equipment and land use right       (1,000)
Proceeds from other investment 1,000 139 1,520  
Purchase of plant and equipment (8,912) (1,241) (622) (715)
Purchase of land use rights (3,297) (459)    
Due from related party-noncurrent       1,706
Purchase of other investment     (2,000) (1,200)
Cash from termination of second closing of disposal of commercial seed business (note 4) (15) (2) 0 0
Net cash (used in) provided by investing activities (11,224) (1,563) (1,102) (1,209)
Financing activities:        
Proceeds from exercise of stock options 226 31 340 472
Proceeds from issuance of common stock 19,594 2,729 11,014 17,166
Proceeds from due to related parties       2,200
Repayment of due to related parties (1,587) (221) (9,252)  
Dividends paid to minority shareholders (200) (28) (2,434)  
Proceeds from capital contribution 4,900 682    
Net cash provided by (used in) financing activities 22,933 3,193 (332) 19,838
Net (decrease) increase in cash and cash equivalents 6,253 871 1,857 (6,448)
Cash and cash equivalents, beginning of year 17,669 2,461 15,351 22,482
Effect of exchange rate changes on cash and cash equivalents (214) (30) 447 (816)
Restricted cash     14 133
Cash and cash equivalents, end of the year 23,708 3,302 17,669 15,351
Supplemental disclosures of cash flow information:        
NCI capital contribution 5,575 776    
Income taxes paid 0 0 0 0
Interest paid, net of interest capitalized ¥ 0 $ 0 ¥ 0 ¥ 0