Symbols / PAVS Stock $1.35 -7.53% Paranovus Entertainment Technology Ltd.

Consumer Defensive • Packaged Foods • United States • NCM
PAVS (Stock) Chart
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Stock Fundamentals
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Index EQUITY
Sector Consumer Defensive
Industry Packaged Foods
CEO Ms. Xiaoyue Zhang
Exch · Country NCM · United States
Market Cap 1.42M
Enterprise Value 3.61M
Income -6.39M
Sales 12.42M
FCF (ttm) 2.33M
Book/sh 35.33
Cash/sh 7.80
Employees 28
Insider 10d
IPO Oct 25, 2019
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E
Forward P/E
PEG
P/S 0.11
P/B 0.04
P/C
EV/EBITDA -7.25
EV/Sales 0.29
Quick Ratio 0.88
Current Ratio 1.15
Debt/Eq 10.83
LT Debt/Eq
EPS (ttm) -48.00
EPS next Y
EPS Growth
Revenue Growth 180.33%
EPS Gr Q/Q
Rev Gr Q/Q
Earnings (next)
Earnings (prior)
ROA -3.13%
ROE -21.54%
ROIC
Gross Margin 19.97%
Oper. Margin -5.06%
Profit Margin -54.84%
Shs Outstand 1.02M
Shs Float 392.88K
Insider Own 4.88%
Instit Own 0.01%
Short Float 2.19%
Short Ratio 0.01
Short Interest 22.47K
52W High 1,680.00
vs 52W High -99.92%
52W Low 1.33
vs 52W Low 1.28%
Beta -0.09
Impl. Vol.
Rel Volume 0.07
Avg Volume 1.07M
Volume 71.27K
Target (mean)
Tgt Median
Tgt Low
Tgt High
# Analysts
Recom None
Prev Close $1.46
Price $1.35
Change -7.53%
About

Paranovus Entertainment Technology Ltd. operates in the artificial intelligence (AI)-powered entertainment industry. The company focuses on providing AI-driven games and applications. The company was formerly known as Happiness Development Group Limited and changed its name to Paranovus Entertainment Technology Ltd. in March 2023. Paranovus Entertainment Technology Ltd. was founded in 2004 and is based in New York, New York.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus Mean price target
2. Current target Latest analyst target
3. DCF / Fair value Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.35
Low
High
Mean
Insider Transactions

No recent insider transactions.

Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Revenue
0.07
0.00
0.00
-100.00%
20.76
Operating Revenue
0.07
0.00
0.00
-100.00%
20.76
Cost Of Revenue
0.06
0.00
0.00
-100.00%
20.50
Reconciled Cost Of Revenue
0.06
0.00
0.00
-100.00%
20.50
Gross Profit
0.01
0.00
0.00
-100.00%
0.26
Operating Expense
2.31
-6.26%
2.46
-38.49%
4.00
-64.96%
11.42
Research And Development
1.40
-17.04%
1.68
Selling General And Administration
2.31
-6.26%
2.46
-38.49%
4.00
-64.96%
11.42
Selling And Marketing Expense
0.00
+1437.23%
0.00
-99.99%
0.91
-89.72%
8.86
General And Administrative Expense
2.31
-6.31%
2.46
-20.36%
3.09
+20.75%
2.56
Other Gand A
2.31
-6.31%
2.46
-20.36%
3.09
+20.75%
2.56
Total Expenses
2.37
-3.72%
2.46
-38.49%
4.00
-87.46%
31.92
Operating Income
-2.30
+6.62%
-2.46
+38.49%
-4.00
+64.15%
-11.17
Total Operating Income As Reported
-6.78
-58.87%
-4.27
-6.68%
-4.00
+64.15%
-11.17
EBITDA
-6.36
-64.36%
-3.87
+8.90%
-4.25
+58.21%
-10.16
Normalized EBITDA
-1.88
+9.02%
-2.06
+51.46%
-4.25
+58.21%
-10.16
Reconciled Depreciation
0.38
+0.00%
0.38
+1099.99%
0.03
-8.50%
0.03
EBIT
-6.74
-58.61%
-4.25
+0.70%
-4.28
+58.04%
-10.20
Total Unusual Items
-4.48
-148.06%
-1.81
0.00
0.00
Total Unusual Items Excluding Goodwill
-4.48
-148.06%
-1.81
0.00
0.00
Special Income Charges
-4.48
-148.06%
-1.81
0.00
0.00
Impairment Of Capital Assets
4.48
+148.06%
1.81
0.00
0.00
Net Income
-7.89
+22.05%
-10.13
+85.88%
-71.74
-45.84%
-49.19
Pretax Income
-7.00
-63.26%
-4.29
-0.22%
-4.28
+58.04%
-10.20
Net Non Operating Interest Income Expense
-0.26
-568.16%
-0.04
-3916800.00%
0.00
-99.94%
0.00
Interest Expense Non Operating
0.26
+568.56%
0.04
0.00
0.00
Net Interest Income
-0.26
-568.16%
-0.04
-3916800.00%
0.00
-99.94%
0.00
Interest Expense
0.26
+568.56%
0.04
0.00
0.00
Interest Income Non Operating
0.00
0.00
-100.00%
0.00
-99.94%
0.00
Interest Income
0.00
0.00
-100.00%
0.00
-99.94%
0.00
Other Income Expense
-4.44
-148.44%
-1.79
-544.79%
-0.28
-128.76%
0.96
Other Non Operating Income Expenses
0.04
+113.97%
0.02
+107.18%
-0.28
-128.76%
0.96
Tax Provision
0.00
0.00
0.00
-100.00%
0.00
Tax Rate For Calcs
0.00
0.00
0.00
-100.00%
0.00
Tax Effect Of Unusual Items
0.00
0.00
0.00
0.00
Net Income Including Noncontrolling Interests
-8.31
+16.34%
-9.93
+86.25%
-72.19
-33.63%
-54.02
Net Income From Continuing Operation Net Minority Interest
-6.59
-46.84%
-4.49
-17.13%
-3.83
+28.65%
-5.37
Net Income From Continuing And Discontinued Operation
-7.89
+22.05%
-10.13
+85.88%
-71.74
-45.84%
-49.19
Net Income Continuous Operations
-7.00
-63.26%
-4.29
-0.22%
-4.28
+58.04%
-10.20
Net Income Discontinuous Operations
-1.30
+76.89%
-5.64
+91.70%
-67.91
-54.97%
-43.82
Minority Interests
0.41
+307.26%
-0.20
-144.37%
0.45
-90.72%
4.83
Normalized Income
-2.11
+21.43%
-2.68
+30.05%
-3.83
+28.65%
-5.37
Net Income Common Stockholders
-7.89
+22.05%
-10.13
+85.88%
-71.74
-45.84%
-49.19
Diluted EPS
-10.00
+95.24%
-210.00
+83.37%
-1,263.00
+47.81%
-2,420.00
Basic EPS
-10.00
+95.24%
-210.00
+83.37%
-1,263.00
+47.81%
-2,420.00
Basic Average Shares
0.85
+1685.72%
0.05
-16.65%
0.06
+180.51%
0.02
Diluted Average Shares
0.85
+1685.72%
0.05
-16.65%
0.06
+180.51%
0.02
Diluted NI Availto Com Stockholders
-7.89
+22.05%
-10.13
+85.88%
-71.74
-45.84%
-49.19
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Total Assets
35.56
+360.15%
7.73
-78.73%
36.34
-62.70%
97.43
Current Assets
7.19
+151.98%
2.85
-70.86%
9.79
-82.70%
56.57
Cash Cash Equivalents And Short Term Investments
5.02
+1368.83%
0.34
-83.32%
2.05
-89.61%
19.73
Cash And Cash Equivalents
0.26
-23.53%
0.34
-83.32%
2.05
-89.61%
19.73
Other Short Term Investments
4.76
0.00
Receivables
0.29
-85.71%
2.00
-93.16%
29.23
Accounts Receivable
0.01
0.00
-100.00%
27.45
Gross Accounts Receivable
2.56
-90.82%
27.91
Allowance For Doubtful Accounts Receivable
-0.85
-84.38%
-0.46
Other Receivables
2.00
Taxes Receivable
0.00
0.00
-100.00%
0.56
Loans Receivable
0.27
0.00
-100.00%
0.73
Inventory
0.65
0.00
-100.00%
0.34
-75.89%
1.39
Raw Materials
0.28
-64.05%
0.79
Work In Process
0.00
0.00
Finished Goods
0.05
-91.32%
0.60
Prepaid Assets
1.50
+0.00%
1.50
+21.97%
1.23
-79.46%
5.99
Assets Held For Sale Current
0.00
-100.00%
1.01
-77.24%
4.43
Other Current Assets
0.01
+639.43%
0.00
-97.87%
0.08
-65.66%
0.23
Total Non Current Assets
28.38
+481.87%
4.88
-81.63%
26.55
-35.01%
40.86
Net PPE
0.13
0.00
-100.00%
0.01
-99.88%
11.25
Gross PPE
0.13
0.00
-100.00%
0.02
-99.88%
17.62
Accumulated Depreciation
0.00
0.00
+100.00%
-0.01
+99.88%
-6.37
Properties
0.00
0.00
0.00
Buildings And Improvements
0.01
-3.15%
0.02
-99.90%
15.35
Machinery Furniture Equipment
0.02
0.00
-100.00%
0.01
-99.74%
2.28
Other Properties
0.10
Goodwill And Other Intangible Assets
28.25
+480.78%
4.86
-31.02%
7.05
-65.06%
20.19
Goodwill
17.50
+418.35%
3.38
-34.87%
5.18
-48.59%
10.08
Other Intangible Assets
10.75
+622.38%
1.49
-20.34%
1.87
-81.50%
10.10
Non Current Deferred Assets
0.00
-100.00%
3.80
Non Current Deferred Taxes Assets
0.00
-100.00%
3.80
Non Current Prepaid Assets
0.00
-100.00%
0.00
-100.00%
5.63
Other Non Current Assets
0.01
-99.94%
19.49
Total Liabilities Net Minority Interest
6.56
+156.27%
2.56
-88.60%
22.47
+12.27%
20.01
Current Liabilities
6.40
+150.10%
2.56
-87.78%
20.95
+16.85%
17.93
Payables And Accrued Expenses
3.98
+3157.87%
0.12
+59.90%
0.08
-99.38%
12.35
Payables
3.73
+7360.67%
0.05
-34.53%
0.08
-99.38%
12.35
Accounts Payable
1.73
0.00
-100.00%
13.46
+10.75%
12.16
Other Payable
0.05
+0.00%
0.05
-25.80%
0.07
-57.58%
0.16
Current Accrued Expenses
0.25
+244.20%
0.07
Total Tax Payable
0.00
-100.00%
0.01
-75.86%
0.04
Income Tax Payable
0.14
+285.12%
0.04
Current Debt And Capital Lease Obligation
2.35
+4.52%
2.25
+0.40%
2.24
-1.20%
2.27
Current Debt
2.25
+0.00%
2.25
+0.40%
2.24
-1.20%
2.27
Other Current Borrowings
2.25
+0.00%
2.25
Current Capital Lease Obligation
0.10
0.00
Current Deferred Liabilities
0.07
-0.85%
0.07
-88.73%
0.66
-80.19%
3.31
Current Deferred Revenue
0.07
-0.85%
0.07
-88.73%
0.66
-80.19%
3.31
Other Current Liabilities
0.11
-99.43%
20.22
Total Non Current Liabilities Net Minority Interest
0.16
0.00
-100.00%
1.51
-27.21%
2.08
Liabilities Heldfor Sale Non Current
0.00
-100.00%
1.51
Non Current Deferred Liabilities
1.51
-27.21%
2.08
Non Current Deferred Taxes Liabilities
1.51
-27.21%
2.08
Other Non Current Liabilities
0.16
Stockholders Equity
24.26
+334.66%
5.58
-62.19%
14.76
-81.11%
78.13
Common Stock Equity
24.26
+334.66%
5.58
-62.19%
14.76
-81.11%
78.13
Capital Stock
0.67
+818.55%
0.07
-12.00%
0.08
+110.62%
0.04
Common Stock
0.67
+818.55%
0.07
-12.00%
0.08
+110.62%
0.04
Preferred Stock
0.00
0.00
0.00
Share Issued
0.67
+817.78%
0.07
-11.99%
0.08
+110.80%
0.04
Ordinary Shares Number
0.67
+817.78%
0.07
-11.99%
0.08
+110.80%
0.04
Additional Paid In Capital
91.32
+40.67%
64.92
-2.97%
66.91
+24.20%
53.87
Retained Earnings
-70.26
-13.41%
-61.96
-4.21%
-59.45
-583.94%
12.29
Gains Losses Not Affecting Retained Earnings
2.53
-0.72%
2.55
-64.75%
7.22
-39.47%
11.93
Minority Interest
4.75
+1251.36%
-0.41
+53.48%
-0.89
-24.66%
-0.71
Other Equity Adjustments
2.53
-0.72%
2.55
-64.75%
7.22
-39.47%
11.93
Total Equity Gross Minority Interest
29.00
+461.15%
5.17
-62.74%
13.87
-82.08%
77.41
Total Capitalization
24.26
+334.66%
5.58
-62.19%
14.76
-81.11%
78.13
Working Capital
0.78
+168.50%
0.29
+102.61%
-11.17
-128.90%
38.64
Invested Capital
26.51
+238.50%
7.83
-46.94%
14.76
-81.64%
80.39
Total Debt
2.35
+4.52%
2.25
+0.40%
2.24
-1.20%
2.27
Net Debt
1.99
+4.21%
1.91
Capital Lease Obligations
0.10
0.00
Net Tangible Assets
-4.00
-657.90%
0.72
-90.71%
7.71
-86.70%
57.94
Tangible Book Value
-4.00
-657.90%
0.72
-90.71%
7.71
-86.70%
57.94
Duefrom Related Parties Current
0.00
-100.00%
0.41
Dueto Related Parties Current
1.95
0.00
Interest Payable
0.22
+458.20%
0.04
Line Of Credit
2.24
-1.20%
2.27
Notes Receivable
0.00
-100.00%
0.09
Line Item Trend 2025-03-31 2024-03-31 2023-03-31 2022-03-31
Operating Cash Flow
-2.67
+79.63%
-13.11
+36.70%
-20.71
-97.22%
-10.50
Cash Flow From Continuing Operating Activities
-2.59
+84.06%
-16.27
+78.36%
-75.19
-36.70%
-55.00
Cash From Discontinued Operating Activities
0.30
-90.39%
3.16
-94.19%
54.48
+22.42%
44.50
Net Income From Continuing Operations
-8.31
+16.34%
-9.93
+86.25%
-72.19
-33.63%
-54.02
Depreciation Amortization Depletion
0.38
+0.00%
0.38
+1099.99%
0.03
-8.50%
0.03
Depreciation And Amortization
0.38
+0.00%
0.38
+1099.99%
0.03
-8.50%
0.03
Other Non Cash Items
-0.01
+99.83%
-7.47
-145.82%
-3.04
Stock Based Compensation
0.00
0.00
-100.00%
1.09
Provisionand Write Offof Assets
0.85
+84.38%
0.46
Asset Impairment Charge
4.86
+169.08%
1.81
0.00
0.00
Deferred Tax
3.23
+182.37%
-3.92
Deferred Income Tax
3.23
+182.37%
-3.92
Operating Gains Losses
-0.29
-153.92%
0.53
Gain Loss On Sale Of PPE
0.00
-100.00%
0.10
0.00
Change In Working Capital
0.10
+109.46%
-1.06
-16802.15%
0.01
+100.30%
-2.10
Change In Receivables
-0.01
-100.05%
24.98
+184890.95%
-0.01
Changes In Account Receivables
-0.01
-100.05%
24.89
+184230.02%
-0.01
Change In Inventory
0.00
-100.00%
1.05
+406.13%
-0.34
Change In Prepaid Assets
0.00
+100.09%
-1.50
-50155.03%
0.00
+100.06%
-4.65
Change In Payables And Accrued Expense
0.10
-77.67%
0.44
+13155.54%
0.00
-99.89%
2.91
Change In Payable
0.10
-77.67%
0.44
+13155.54%
0.00
-99.89%
2.91
Change In Account Payable
1.31
+126.96%
-4.85
Investing Cash Flow
-27.05
-331.20%
11.70
+12996.86%
0.09
+101.05%
-8.48
Cash Flow From Continuing Investing Activities
-27.05
-331.20%
11.70
0.00
+100.00%
-0.27
Cash From Discontinued Investing Activities
0.00
0.00
-100.00%
0.09
+101.09%
-8.21
Net PPE Purchase And Sale
0.00
-100.00%
0.07
+123.95%
-0.27
Purchase Of PPE
0.00
+100.00%
-0.05
+83.26%
-0.27
Sale Of PPE
0.11
+158.57%
0.04
Capital Expenditure
-0.05
+83.26%
-0.27
Net Investment Purchase And Sale
-4.76
0.00
0.00
-100.00%
1.93
Sale Of Investment
0.00
-100.00%
1.93
Net Business Purchase And Sale
-22.29
-290.52%
11.70
0.00
0.00
Purchase Of Business
-22.29
0.00
0.00
+100.00%
-8.08
Gain Loss On Sale Of Business
-0.38
-499.63%
0.10
Net Intangibles Purchase And Sale
0.00
+100.00%
-0.02
Purchase Of Intangibles
0.00
+100.00%
-0.02
Financing Cash Flow
29.01
0.00
-100.00%
3.15
-83.30%
18.83
Cash Flow From Continuing Financing Activities
29.01
0.00
-100.00%
3.00
-84.11%
18.88
Net Issuance Payments Of Debt
0.16
0.00
0.00
+100.00%
-0.05
Issuance Of Debt
0.16
0.00
0.00
-100.00%
2.25
Repayment Of Debt
-2.34
-2.14%
-2.29
Short Term Debt Issuance
0.16
0.00
0.00
-100.00%
2.25
Short Term Debt Payments
-2.34
-2.14%
-2.29
Net Short Term Debt Issuance
0.16
0.00
0.00
+100.00%
-0.05
Net Common Stock Issuance
27.00
0.00
-100.00%
3.00
-84.11%
18.88
Cash Dividends Paid
0.00
0.00
Net Other Financing Charges
1.85
-0.00
Changes In Cash
-0.71
+49.59%
-1.41
+91.94%
-17.47
-5.46%
-16.57
Effect Of Exchange Rate Changes
0.03
+102.66%
-1.00
-191.86%
1.09
+1043.11%
0.10
Beginning Cash Position
0.94
-71.86%
3.36
-83.00%
19.73
-45.49%
36.20
End Cash Position
0.26
-72.32%
0.94
-71.86%
3.36
-83.00%
19.73
Free Cash Flow
-2.67
+79.63%
-13.11
+36.70%
-20.71
-92.21%
-10.77
Interest Paid Supplemental Data
0.00
0.00
0.00
0.00
Income Tax Paid Supplemental Data
0.00
0.00
0.00
0.00
Change In Income Tax Payable
0.00
-100.00%
0.11
+2382.69%
0.00
Change In Tax Payable
0.00
-100.00%
0.11
+2382.69%
0.00
Common Stock Issuance
27.00
0.00
-100.00%
3.00
-84.11%
18.88
Issuance Of Capital Stock
27.00
0.00
-100.00%
3.00
-84.11%
18.88
Sale Of Business
0.00
-100.00%
11.70
0.00
0.00
Cash From Discontinued Financing Activities
0.00
0.00
-100.00%
0.15
+410.86%
-0.05
SEC Filings

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