v3.22.2.2
CONSOLIDATED BALANCE SHEETS
¥ in Thousands, $ in Thousands
Sep. 30, 2021
CNY (¥)
Sep. 30, 2021
USD ($)
Sep. 30, 2020
CNY (¥)
Current assets:      
Cash and cash equivalents ¥ 15,351 $ 2,367 ¥ 22,482
Restricted cash 14 2 147
Due from related parties, net of bad debt allowance (note 3) 29,179 4,499 22,305
Accounts receivable, net 260 40 3,111
Advances to suppliers 5,799 894 2,473
Inventories (note 5) 4,178 644 13,568
Other current assets 3,362 518 312
Total current assets 58,143 8,964 64,398
Asset held for sale (note 6)     5,652
Land use rights, net (note 7) 1,854 286 9,785
Plant and equipment, net (note 8) 48,684 7,507 115,451
Long-term investment (note 9) 4,596 709 10,353
Acquired intangible assets, net (note 10) 3,774 582 4,648
Operating lease right of use assets and operating lease liability 1,904 294 2,253
Due from related party-noncurrent (note 3) 0 0 42,246
Other assets 83 13 97
Total assets (including amounts of the consolidated VIEs without recourse to the Company of RMB144,038 and RMB52,894 as of September 30, 2020 and 2021, respectively) (note 1) 119,038 18,355 254,883
Current liabilities:      
Borrowings (note 12) 137,660 21,226  
Accounts payable 9,170 1,414 9,597
Due to growers 6,673 1,029 6,673
Due to related parties (note 3) 30,269 4,667 26,481
Advances from customers 45,754 7,055 64,690
Income tax payable 908 140 936
Lease Liability - current 559 86 559
Other payables and accrued expenses (note 13) 55,374 8,541 68,004
Total current liabilities 286,367 44,158 176,940
Long-term borrowing (note 12)     137,660
Lease Liability - noncurrent 2,552 393 2,671
Other long-term liability (note14) 15,717 2,423 23,074
Total liabilities (including amounts of the consolidated VIEs without recourse to the Company of RMB310,711 and RMB274,114 as of September 30, 2020 and 2021, respectively) (note 1) 304,636 46,974 340,345
Commitments and contingencies (note 23)
Shareholders' equity (deficit):      
Common stock (no par value); 60,000,000 shares authorized, 5,466,633 and 5,708,003 shares issued as of September 30, 2020 and 2021 0 0 0
Additional paid-in capital (note 15) 539,315 83,158 514,675
Accumulated deficit (650,633) (100,323) (559,104)
Treasury stock at cost 34,909 and 20,523 shares as of September 30, 2020 and 2021, respectively) (6,133) (946) (10,356)
Accumulated other comprehensive loss (23,221) (3,581) (22,405)
Total Origin Agritech Limited shareholders' deficit (140,672) (21,692) (77,190)
Non-controlling interests (44,926) (6,927) (8,272)
Total deficit (185,598) (28,619) (85,462)
Total liabilities and equity ¥ 119,038 $ 18,355 ¥ 254,883