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PAVSParanovus Entertainment Technology Ltd.
$6.34$5M
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PAVS logoParanovus Entertainment Technology Ltd.(PAVS)Earnings, Financials & Key Ratios

PAVS•NASDAQ
$6.34
Price updated Jul 7, 2026
SectorConsumer DefensiveIndustryPackaged FoodsSub-IndustryNutrition and functional foods
AboutParanovus Entertainment Technology Ltd. engages in the research, development, manufacture, and sale of nutraceutical and dietary supplement products in the People's Republic of China and internationally. The company's product category includes lucidum spore powders, cordyceps mycelia, Ejiao products, American ginseng products, other traditional Chinese herbal and animal extracts, vitamins, minerals, and amino acids. It also offers product marketing and e-commerce agency operation services under the Happy Buy platform to small and middle size businesses; and e-commerce solutions, internet information, and advertising services to the online stores or manufactures. In addition, the company provides secure transaction environment, automobile procurement, and financial services for automobile manufacturers under the Taochejun automobile sales platform. It sells its products through distributors, large-scale chain drugstores, malls, and supermarkets under the Happiness brand. 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 headquartered in Nanping, the People's Republic of China.Show more
  • Revenue$72K
  • EBITDA-$2M+7.8%
  • Net Income-$8M+57.4%
  • EPS (Diluted)-10.69+97.6%
  • Gross Margin-518.55%
  • EBITDA Margin-2682.4%
  • Operating Margin-3213.56%
  • Net Margin-10519.73%
  • ROE-44.05%+76.3%

PAVS Price & Volume

Paranovus Entertainment Technology Ltd. (PAVS) stock price & volume — 10-year historical chart

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Persistent Operational Contraction Signals Existential Financial Risk

Investment Thesis • Updated 2025Q2

VerdictNegative
Growth:Contracting
Profitability:Negative
Financial:Vulnerable
Cash Flow:Burning
Primary Risk:Existential Going Concern Risk

Key Thesis Takeaways

  • Paranovus Entertainment Technology Ltd.
  • faces an existential crisis characterized by a 98.9% historical revenue collapse and a transition away from its legacy nutraceutical business that has left the firm with minimal commercial viability.
  • The company's reliance on a $17.5 million goodwill valuation against a precarious cash balance of only $412,000 suggests significant impairment risks and a lack of liquidity to sustain operations.
  • Investors should remain cautious as the firm's pivot to entertainment technology remains unproven, with massive operating losses and a $70.9 million accumulated deficit indicating severe long-term value destruction.

Verdict Logic

the company's precarious liquidity position, evidenced by a cash balance of only $412,000 against $5.6 million in total debt, suggests an unsustainable going concern risk.

PAVS Growth Metrics

Paranovus Entertainment Technology Ltd. (PAVS) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years-74.4%
3 Years-90.72%
TTM-81.07%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM91.6%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM98.06%

Return on Capital

10 Years10.78%
5 Years-19.79%
3 Years-15.65%
Last Year-13.39%

PAVS Recent Earnings

Paranovus Entertainment Technology Ltd. (PAVS) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 0/12 qtrs (0%)●Beat Revenue 2/12 qtrs (40%)
Q3 2026Latest
Jun 3, 2026
Metric
Actual
Est
EPS
$9.72
—
Rev
$12M
—
Q4 2025
Nov 3, 2025
Metric
Actual
Est
EPS
$0.81
—
Rev
$12M
—
Q3 2025
Aug 15, 2025
Metric
Actual
Est
EPS
$47.52
—
Rev
$3,088
—
Q4 2024
Oct 30, 2024
Metric
Actual
Est
EPS
$42.00
—
Rev
$68,454
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026LatestJun 3, 2026
$9.72
$12M
Q4 2025Nov 3, 2025
$0.81
$12M
Q3 2025Aug 15, 2025
$47.52
$3,088
Q4 2024Oct 30, 2024
$42.00
$68,454
Based on last 12 quarters of dataView full earnings history →

Latest PAVS News

Recent stock market news and headlines for Paranovus Entertainment Technology Ltd. (PAVS)

Accesswire·Jun 25, 2026
Paranovus Entertainment Technology Limited Announces 1-For-100 Reverse Share Split

NEW YORK, NY / ACCESS Newswire / June 25, 2026 / Paranovus Entertainment Technology Limited (NASDAQ:PAVS) ("we" or the "Company"), today announced that it will effect a reverse share split of its outstanding Class A ordinary shares, par value $0.000012 per share (the "Class A Ordinary Shares"), at a ratio of 1-for-100. Our Class A Ordinary Shares will begin trading on a reverse share split-adjusted basis at the opening of The Nasdaq Capital Market ("Nasdaq") on June 29, 2026.

GlobeNewsWire·Jun 15, 2026
PAVS Announces Pricing of a $10 Million Registered Direct Offering of Class A Ordinary Shares and Pre-Funded Warrants

NEW YORK, June 15, 2026 (GLOBE NEWSWIRE) -- PAVS (NASDAQ:PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a definitive agreement with certain institutional investors for a registered direct offering of an aggregate of 50,000,000 Class A ordinary shares (or pre-funded warrants to purchase Class A ordinary shares in lieu thereof) at a purchase price of $0.20 per share. The gross proceeds to the Company from the offering are expected to be approximately $10 million, before deducting offering expenses.

PRNewsWire·Jun 15, 2026
PAVS Announces Pricing of a $10 Million Registered Direct Offering of Class A Ordinary Shares and Pre-Funded Warrants

/PRNewswire/ -- PAVS (NASDAQ: PAVS) (the "Company"), a consumer products and digital commerce solutions company, today announced that it has entered into a

Peers Comparison

Key metrics vs top competitors for Paranovus Entertainment Technology Ltd. (PAVS)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
PAVS logoPAVSParanovus Entertainment Technology Ltd.Current
$6.34$5.43M-0.59—-10519.73%-44.05%—
TAOP logoTAOPTaoping Inc.
$1.44$1.44M-0.18-15.97%-19.58%-46.71%—
GFAI logoGFAIGuardforce AI Co., Limited
$0.39$8.55M-1.30-3.07%-17.49%-40.41%—
AIXI logoAIXIXiao-I Corporation
$1.89$999.33K-0.01-82.47%-140.37%——
XTLB logoXTLBXTL Biopharmaceuticals Ltd.
$2.98$327.88K-0.31—-227.72%-25.53%—
CNET logoCNETZW Data Action Technologies Inc.
$0.99$3.22M-1.47-70.11%-33.27%-28.25%—

Compare PAVS vs Peers

Paranovus Entertainment Technology Ltd. (PAVS) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TAOP

Most directly comparable listed peer for PAVS.

Scale Benchmark

vs NTES

Larger-name benchmark to compare PAVS against a more recognizable public peer.

Peer Set

Compare Top 5

vs TAOP, GFAI, AIXI, XTLB

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PAVS Frequently Asked Questions

Paranovus Entertainment Technology Ltd. (PAVS) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Paranovus Entertainment Technology Ltd.'s revenue?

Paranovus Entertainment Technology Ltd. (PAVS) reported $12.5M in revenue for fiscal year 2024. This represents a 76% decrease from $53.0M in 2016.

Is PAVS profitable?

Paranovus Entertainment Technology Ltd. (PAVS) reported a net loss of $10.6M for fiscal year 2024.

Dividend & Returns
What is PAVS's return on equity?

Paranovus Entertainment Technology Ltd. (PAVS) has a return on equity (ROE) of -44.0%. Negative ROE indicates the company is unprofitable.

What is Paranovus Entertainment Technology Ltd.'s free cash flow?

Paranovus Entertainment Technology Ltd. (PAVS) had negative free cash flow of $2.8M in fiscal year 2024, likely due to heavy capital investments.

What if you invested $1,000 in PAVS back in 2016?

Total return calculator · dividends reinvested · 10+ years of data

See returns →