Paranovus Entertainment Technology Ltd.

Paranovus Entertainment Technology Ltd.

PAVS · NASDAQ · Consumer Defensive / Packaged Foods

2.52USD-0.02 (-0.79%)

Price History

Full chart

Market Stats

Previous Close2.54
Open2.65
Day Range2.50 – 2.68
52-Week Range3.76 – 148,800.00
Volume6.71K
Market Cap3.78M
P/E (TTM)0.00
Forward P/E0.00
EPS-8,264.73
Dividend Yield0.00%
Beta-0.12
50-Day Avg5.04
200-Day Avg735.83

About

Paranovus Entertainment Technology Ltd. engages in product sales through offline and e-commerce channels in North America. The company operates through Bomie and Wookoo segments. It provides training, consulting, brand design, advertising and content production, livestreaming operations, and TikTok-based enablement services. The company also offers footwear, including branded sneakers, and other consumer products through e-commerce platforms, physical retail outlets, and other distribution channels. It serves independent wholesalers, distributors, and resellers. 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.

Company Details

  • SectorConsumer Defensive
  • IndustryPackaged Foods
  • CEOMs. Xiaoyue Zhang
  • Employees29
  • Headquarters1177 6th Avenue, New York, NY, United States, 10036, USA
  • Websitehttps://pavs.ai

Leadership

  • Ms. Xiaoyue ZhangCEO & Director · b. 1989
  • Ms. Ling GuoChief Financial Officer · b. 1980

Financials

Income Statement

Currency: USD2017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue53.00M61.50M63.94M65.06M71.48M89.49M23.33M6.54M71.54K14.60M
Growth (%)-+16.04%+3.97%+1.76%+9.87%+25.19%-73.93%-71.95%-98.91%+20310.90%
Cost of Revenue27.18M32.14M31.69M34.64M53.31M85.78M22.92M380.00K442.53K12.19M
Gross Profit25.82M29.35M32.25M30.42M18.18M3.71M416.88K-380.00K-370.98K2.41M
Gross Margin48.71%47.73%50.44%46.75%25.43%4.15%1.79%-5.81%-518.55%16.54%
Operating Expense8.61M9.11M10.40M15.02M16.65M51.29M4.97M2.08M1.93M5.79M
Operating Income17.21M20.24M21.84M15.40M1.53M-47.58M-4.55M-2.46M-2.30M-3.37M
Operating Margin32.47%32.91%34.16%23.67%2.13%-53.16%-19.50%-37.62%-3213.56%-23.11%
EBITDA17.33M20.36M22.53M16.07M2.41M-45.39M-4.49M-2.08M-1.92M-11.95M
EBITDA Margin32.70%33.11%35.23%24.70%3.37%-50.72%-19.25%-31.81%-2682.40%-81.84%
Net Income14.52M17.49M18.72M12.69M786.36K-49.19M-71.74M-17.67M-7.53M-12.73M
Net Income Margin27.39%28.44%29.28%19.50%1.10%-54.97%-307.47%-270.04%-10519.73%-87.20%
R&D1.66M1.86M2.16M2.36M1.66M1.68M1.40M---
R&D as % of Total Revenue3.12%3.02%3.38%3.63%2.32%1.88%5.99%---
Interest Expense493.73K133.28K83.55K98.09K111.80K85.99K72.30K39.17K261.85K262.51K
Interest Expense % of Total Revenue0.93%0.22%0.13%0.15%0.16%0.10%0.31%0.60%366.01%1.80%

Balance Sheet

Currency: USD2017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets41.53M53.40M65.68M85.10M112.74M97.43M36.34M7.73M35.56M36.87M
Total Liabilities18.21M8.84M4.76M5.51M15.11M20.01M22.47M2.56M6.56M3.86M
Total Equity23.31M44.55M60.92M79.59M94.75M78.13M14.76M5.58M24.26M31.25M
Cash4.27M8.88M14.80M33.65M36.56M19.73M2.05M341.78K261.36K10.30M
Total Debt2.34M1.49M1.04M2.03M2.24M2.27M2.24M2.25M2.51M553.22K
Net Debt-1.93M-7.39M-13.76M-31.62M-34.32M-17.47M191.71K1.91M2.25M-9.74M

Cash Flow

Currency: USD2017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow11.32M12.93M6.54M10.78M2.90M-28.13M-2.97M-13.11M-2.67M-1.40M
Investing Cash Flow-1.10M-157.97K-277.16K-1.16M-13.22M-8.48M89.32K11.70M-27.05M-3.86M
Financing Cash Flow-8.43M-8.78M271.11K10.40M10.67M18.83M3.15M029.01M15.60M
Capital Expenditure1.10M157.97K283.10K1.16M3.83M2.39M45.82K040
Free Cash Flow10.22M12.78M6.26M9.62M-930.11K-30.53M-2.97M-13.11M-2.67M-1.40M
Dividends Paid-8.33M00375.00K00---
FCF to OCF90.31%98.78%95.67%89.24%-32.02%108.50%100.00%100.00%100.00%100.00%
Dividend Paid to FCF-65.21%0.00%0.00%-40.32%0.00%0.00%---

Earnings

Report DateMay 6, 2019Aug 27, 2019Jan 10, 2020Jul 24, 2020Jan 22, 2021Aug 2, 2021Jan 6, 2022Aug 16, 2022Aug 1, 2024May 30, 2025Aug 4, 2025Dec 5, 2025Nov 13, 2026
EPS Estimate0.000.000.000.410.380.400.450.120.000.000.000.00-
EPS Actual0.700.810.370.170.13-0.09-0.37-0.72-1.38-0.04-0.04-0.01-
Surprise----58.54%-65.79%-122.50%-182.22%-700.00%-----
Timing-------------

Key Statistics & Ratios

Market Cap3.78M
Enterprise Value-11.08M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.26
Price / Book0.12
EPS-8,264.73
Book Value2,350.58
Revenue (TTM)14.60M
Gross Profit (TTM)2.41M
EBITDA-1.21M
Profit Margin-87.20%
Operating Margin-125.49%
Return on Equity-50.68%
Return on Assets-5.82%
Shares Outstanding856.85K
Shares Float10.78K
Beta-0.12
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
8.81%
Insiders
0.00%
Retail / Other
91.19%

Top Institutional Holders

  • Tower Research Capital LLC
    590.00%
  • Morgan Stanley - Brokerage Accounts
    10.00%

Top Fund Holders

  • Magerit Valor SICAV
    200.00%

Dividends

20201×
36000.00Aug 7, 2020

Stock Splits

  • Jun 29, 20261:100
  • Mar 31, 20261:12
  • Dec 18, 20251:100
  • Oct 11, 20221:20