PAVS - NASDAQ

Paranovus Entertainment Technology Ltd.

PAVS·NASDAQ

$2.23

-9.0%

Consumer DefensivePackaged Foods

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.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$1.49M

EPS-7.8000

P/E Ratio-1456.15

Earnings Date11/03/2025

35.56M

Assets

360%

3Y-63.0%

5Y-58.0%

10Y-14.0%

6.56M

Total Liabilities

156%

3Y-67.0%

5Y+19.0%

10Y-64.0%

29.00M

Total Equity

461%

3Y-63.0%

5Y-64.0%

10Y+24.0%

Paranovus Entertainment Technology Ltd. Funding & Solvency Profile

PAVS · NASDAQ

Current Assets

Cash & Cash Equivalents261.36K

Net Receivables0.00

Inventory653.34K

Other Current Assets12.21K

Total Current Assets7 M

Non-Current Assets

Property, Plant & Equipment126.44K

Goodwill & Intangible Assets28.25M

Long-Term Investments0.00

Other Non-Current Assets0.00

Total Non-Current Assets126 K

Total Assets

35.56M

Financial Health Analysis

Current Ratio

1.12x

Acceptable liquidity, but monitor closely. Current assets just barely cover current liabilities.

Debt-to-Equity Ratio

0.23x

Conservative capital structure. The company relies primarily on equity financing, indicating low financial risk.

Working Capital

782 K

Positive working capital, but relatively tight. The company should monitor cash flow carefully.

Asset Composition

20% Current

Capital-intensive business with significant long-term investments in property, equipment, or intangibles.

Financial Health Insight

Conservative with tight liquidity: Low debt is positive, but current ratio warrants attention. Consider whether the company is efficiently deploying its equity capital.

Paranovus Entertainment Technology Ltd. Balance Sheet

PAVS • NASDAQ

Paranovus Entertainment Technology Ltd. Balance Sheet	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	261.4K	944.2K	2M	19.7M	36.6M	33.7M	14.8M	8.9M	4.3M
Short-Term Investments	4.8M	0.0	0.0	691.1K	12.2K	0.0	0.0	0.0	0.0
Cash & Short-Term Investments	5M	944.2K	2M	19.7M	36.6M	33.7M	14.8M	8.9M	4.3M
Net Receivables	0.0	285.8K	2M	29.2M	34.6M	30M	32M	32.6M	24.1M
Accounts Receivables	0.0	11.4K	1.7M	27.5M	34.6M	30M	32M	32.6M	23.4M
Other Receivables	0.0	274.4K	2M	1.7M	0.0	0.0	0.0	0.0	729.6K
Inventory	653.3K	0.0	335K	1.4M	1.8M	2M	2M	2.3M	3.7M
Prepaids	1.5M	1.6M	1.2M	6M	19.1M	3.6M	110.1K	28.3K	82.8K
Other Current Assets	12.2K	47.4K	4.2M	226.2K	3.1M	699.4K	5.9M	11.1K	0.0
Total Current Assets	7.2M	2.9M	9.8M	56.6M	95.1M	70M	54.8M	43.8M	32.2M
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	126.4K	12.6K	8.5M	11.2M	10.5M	7.9M	7.8M	8.8M	8.5M
Goodwill	17.5M	3.4M	6.5M	10.1M	162.8K	0.0	0.0	0.0	0.0
Intangible Assets	10.8M	1.5M	9.4M	10.1M	1.8M	719.7K	774.4K	847.5K	789.1K
Goodwill & Intangible Assets	28.3M	4.9M	15.9M	20.2M	2M	719.7K	774.4K	847.5K	789.1K
Tax Assets	0.0	0.0	0.0	3.8M	0.0	0.0	0.0	0.0	0.0
Other Non-Current Assets	0.0	0.0	2.2M	5.6M	5.1M	6.5M	2.3M	0.0	0.0
Total Non-Current Assets	28.4M	4.9M	26.6M	40.9M	17.6M	15.1M	10.8M	9.6M	9.3M
Total Assets	35.6M	7.7M	36.3M	97.4M	112.7M	85.1M	65.7M	53.4M	41.5M
LIABILITIES
CURRENT LIABILITIES
Total Payables	3.7M	197.3K	13.5M	12.2M	8.8M	1.5M	1.7M	5.4M	6.1M
Accounts Payable	1.7M	0.0	13.5M	12.2M	8.8M	1.5M	1.7M	5.4M	6.1M
Other Payables	2M	197.3K	57.2K	0.0	0.0	0.0	0.0	0.0	0.0
Accrued Expenses	248.2K	7.3K	9.9K	0.0	10.5K	0.0	0.0	0.0	0.0
Short Term Debt	2.3M	2.3M	2.2M	2.3M	2.2M	2M	1M	1.5M	1.4M
Capital Lease Obligations (Current)	101.6K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	286.8K
Tax Payables	0.0	0.0	143.4K	37.2K	334.5K	568.8K	942.2K	1.3M	1.2M
Deferred Revenue	73.3K	0.0	5.1M	3.3M	0.0	0.0	0.0	0.0	0.0
Other Current Liabilities	0.0	66.7K	122.8K	196.1K	4M	1.9M	2.1M	2M	10.2M
Total Current Liabilities	6.4M	2.6M	21M	17.9M	15.1M	5.5M	4.8M	8.8M	18M
NON-CURRENT LIABILITIES
Deferred Tax Liabilities (Non-Current)	0.0	0.0	1.5M	2.1M	0.0	0.0	0.0	0.0	0.0
Other Non-Current Liabilities	158.1K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Total Non-Current Liabilities	158.1K	0.0	1.5M	2.1M	0.0	0.0	0.0	0.0	209K
Capital Lease Obligations	101.6K	0.0	0.0	0.0	0.0	0.0	0.0	0.0	495.8K
Total Liabilities	6.6M	2.6M	22.5M	20M	15.1M	5.5M	4.8M	8.8M	18.2M
SHAREHOLDERS' EQUITY
Common Stock	673.3K	73.3K	83.3K	39.6K	15.2K	12.5K	11.5K	11.5K	11.5K
Additional Paid-In Capital	91.3M	64.9M	66.9M	53.9M	26.5M	15M	5.7M	5.1M	4.5M
Retained Earnings	-70.3M	-62M	-59.5M	12.3M	61.5M	66.6M	53.9M	35.3M	17.8M
Accumulated Other Comprehensive Income/Loss	2.5M	2.5M	7.2M	11.9M	6.7M	-2.1M	1.3M	4.2M	1M
Total Stockholders' Equity	24.3M	5.6M	14.8M	78.1M	94.7M	79.6M	60.9M	44.6M	23.3M
Total Equity	29M	5.2M	13.9M	77.4M	97.6M	79.6M	60.9M	44.6M	23.3M
Minority Interest	4.7M	-412.2K	-886K	-710.8K	2.9M	0.0	0.0	0.0	0.0
SUMMARY
Total Liabilities & Equity	35.6M	7.7M	36.3M	97.4M	112.7M	85.1M	65.7M	53.4M	41.5M
Total Investments	4.8M	0.0	0.0	691.1K	12.2K	0.0	0.0	0.0	0.0
Total Debt	2.4M	2.3M	2.2M	2.3M	2.2M	2M	1M	1.5M	1.9M
Net Debt	2.1M	1.3M	191.7K	-17.5M	-34.3M	-31.6M	-13.8M	-7.4M	-2.3M
Shares Outstanding	667,247	667,247	667,247	667,247	667,247	667,247	667,247	667,247	667,247

SEC Filings

PAVS - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
6-K 6-K 2025 Q3 Q3	December 05, 2025	September 30, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	December 04, 2025	December 03, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 25, 2025	November 25, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 19, 2025	November 18, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	November 10, 2025	November 06, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	October 29, 2025	October 29, 2025	2025	View Filing
6-K 6-K 2025 Q4 Q4	October 24, 2025	October 24, 2025	2025	View Filing
6-K 6-K 2025 Q3 Q3	September 22, 2025	September 22, 2025	2025	View Filing
20-F/A 20-F/A 2025 FY (Amended) FY	August 07, 2025	March 31, 2025	2025	View Filing
20-F 20-F 2025 FY FY	August 04, 2025	March 31, 2025	2025	View Filing

Showing 1 to 10 of 75 filings

Related Guides

Blog Categories

Continue your PAVS research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.