Paranovus Entertainment Technology Ltd.

$PAVS Market Cap: $62.62 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$104.7M

TTM

Gross Margin

3.0%

TTM

Net Earnings

-$81.87M

TTM

Current Assets

$2.852M

Q1 2024

Current Liabilities

$2.560M

Q1 2024

Current Ratio

111.38%

Q1 2024

Total Assets

$7.729M

Q1 2024

Total Liabilities

$2.560M

Q1 2024

Book Value

$5.168M

Q1 2024

Cash

$944.2K

Q1 2024

P/E

-0.7649

Nov 29, 2024 EST

Free Cash Flow

-$21.31M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Revenue	$6.545M	$98.15M	$89.49M	$71.48M	$65.06M	$63.94M	$61.50M	$53.00M
YoY Change	-93.33%	9.68%	25.19%	9.87%	1.75%	3.97%	16.04%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Revenue	$6.545M	$98.15M	$89.49M	$71.48M	$65.06M	$63.94M	$61.50M	$53.00M
Cost Of Revenue	$6.536M	$93.10M	$85.78M	$53.31M	$34.64M	$31.69M	$32.14M	$27.18M
Gross Profit	$9.141K	$5.054M	$3.711M	$18.18M	$30.42M	$32.25M	$29.35M	$25.82M
Gross Profit Margin	0.14%	5.15%	4.15%	25.43%	46.75%	50.44%	47.72%	48.72%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Selling, General & Admin	$2.823M	$64.18M	$49.60M	$14.99M	$12.66M	$8.240M	$7.250M	$6.960M
YoY Change	-95.6%	29.39%	230.91%	18.39%	53.66%	13.66%	4.17%
% of Gross Profit	30882.23%	1269.78%	1336.49%	82.47%	41.62%	25.55%	24.7%	26.96%
Research & Development		$1.397M	$1.684M	$1.660M	$2.359M	$2.160M	$1.860M	$1.660M
YoY Change		-17.04%	1.45%	-29.63%	9.21%	16.13%	12.05%
% of Gross Profit		27.64%	45.38%	9.13%	7.75%	6.7%	6.34%	6.43%
Depreciation & Amortization	$1.126K	$1.615M	$1.553M	$849.5K	$674.2K	$700.0K	$140.0K	$150.0K
YoY Change	-99.93%	3.98%	82.87%	25.99%	-3.68%	400.0%	-6.67%
% of Gross Profit	12.32%	31.96%	41.85%	4.67%	2.22%	2.17%	0.48%	0.58%
Operating Expenses	-$4.631M	$73.45M	$61.60M	$16.65M	$15.02M	$10.40M	$9.110M	$8.610M
YoY Change	-106.3%	19.24%	269.96%	10.85%	44.43%	14.16%	5.81%
Operating Profit	-$4.622M	-$68.39M	-$57.89M	$1.526M	$15.40M	$21.85M	$20.24M	$17.21M
YoY Change	-93.24%	18.15%	-3894.01%	-90.09%	-29.53%	7.95%	17.61%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Interest Expense	$39.17K	$72.30K	$85.99K	$111.8K	$98.09K	-$40.00K	-$110.0K	-$480.0K
YoY Change	-45.83%	-15.92%	-23.08%	13.98%	-345.22%	-63.64%	-77.08%
% of Operating Profit				7.33%	0.64%	-0.18%	-0.54%	-2.79%
Other Income/Expense, Net	$831.5K	-$335.2K	$139.5K	$125.6K	$133.4K	$100.0K	$240.0K	$300.0K
YoY Change	-348.08%	-340.28%	11.04%	-5.83%	33.41%	-58.33%	-20.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Pretax Income	-$3.790M	-$68.73M	-$57.75M	$1.651M	$15.53M	$21.91M	$20.36M	$17.02M
YoY Change	-94.49%	19.02%	-3596.94%	-89.37%	-29.11%	7.61%	19.62%
Income Tax	$0.00	$3.457M	-$3.726M	$959.4K	$2.844M	$3.180M	$2.870M	$2.500M
% Of Pretax Income				58.1%	18.31%	14.51%	14.1%	14.69%
Net Earnings	-$6.980M	-$71.74M	-$49.19M	$786.4K	$12.69M	$18.72M	$17.49M	$14.52M
YoY Change	-90.27%	45.84%	-6355.51%	-93.8%	-32.22%	7.03%	20.45%
Net Earnings / Revenue	-106.64%	-73.09%	-54.97%	1.1%	19.5%	29.28%	28.44%	27.4%
Basic Earnings Per Share		-$12.63	-$1.22	$0.03	$0.53
Diluted Earnings Per Share	-$2.13	-$12.63	-$1.22	$0.03	$0.53	$813.9K	$699.6K	$580.8K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2024	2023	2022	2021	2020	2019	2018	2017
Cash & Short-Term Investments	$944.2K	$3.400M	$19.73M	$36.56M	$33.65M	$14.80M	$8.880M	$4.270M
YoY Change	-72.23%	-82.77%	-46.02%	8.64%	127.36%	66.67%	107.96%
Cash & Equivalents	$944.2K	$3.400M	$19.73M	$36.56M	$33.65M	$14.80M	$8.880M	$4.270M
Short-Term Investments
Other Short-Term Assets	$1.896M	$4.400M	$7.909M	$22.19M	$4.260M	$6.050M	$30.00K	$80.00K
YoY Change	-56.91%	-44.37%	-64.36%	420.89%	-29.59%	20066.67%	-62.5%
Inventory		$300.0K	$1.390M	$1.785M	$2.030M	$1.970M	$2.270M	$3.730M
Prepaid Expenses
Receivables	$11.36K	$1.700M	$27.45M	$34.56M	$30.04M	$32.01M	$32.56M	$23.41M
Other Receivables	$0.00	$0.00	$89.33K	$0.00	$0.00	$10.00K	$20.00K	$730.0K
Total Short-Term Assets	$2.852M	$9.800M	$56.57M	$95.10M	$69.98M	$54.84M	$43.76M	$32.22M
YoY Change	-70.9%	-82.68%	-40.51%	35.89%	27.61%	25.32%	35.82%
Property, Plant & Equipment	$12.60K	$8.500M	$11.25M	$10.51M	$7.900M	$7.810M	$8.790M	$8.520M
YoY Change	-99.85%	-24.42%	6.97%	33.09%	1.15%	-11.15%	3.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$0.00	$2.200M	$9.424M	$5.138M	$6.500M	$2.260M
YoY Change	-100.0%	-76.65%	83.41%	-20.95%	187.61%
Total Long-Term Assets	$4.877M	$26.50M	$40.86M	$17.65M	$15.12M	$10.84M	$9.640M	$9.310M
YoY Change	-81.6%	-35.14%	131.52%	16.71%	39.48%	12.45%	3.54%
Total Assets	$7.729M	$36.30M	$97.43M	$112.7M	$85.10M	$65.68M	$53.40M	$41.53M
YoY Change
Accounts Payable	$2.560M	$18.60M	$12.16M	$8.841M	$1.550M	$1.660M	$5.400M	$6.060M
YoY Change	-86.23%	53.01%	37.49%	470.4%	-6.63%	-69.26%	-10.89%
Accrued Expenses			$2.190K	-$53.04K	$110.0K		$510.0K	$360.0K
YoY Change			-104.13%	-148.22%			41.67%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$2.200M	$2.268M	$2.237M	$2.880M	$1.040M	$1.490M	$1.850M
YoY Change	-100.0%	-3.01%	1.4%	-22.33%	176.92%	-30.2%	-19.46%
Long-Term Debt Due							$0.00	$290.0K
YoY Change							-100.0%
Total Short-Term Liabilities	$2.560M	$21.00M	$17.93M	$15.11M	$5.510M	$4.760M	$8.840M	$18.01M
YoY Change	-87.81%	17.12%	18.69%	174.19%	15.76%	-46.15%	-50.92%
Long-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$210.0K
YoY Change							-100.0%
Other Long-Term Liabilities	$0.00
YoY Change
Total Long-Term Liabilities	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$210.0K
YoY Change							-100.0%
Total Liabilities	$2.148M	$21.60M	$19.30M	$18.00M	$5.510M	$4.760M	$8.840M	$18.21M
YoY Change	-90.05%	11.92%	7.23%	226.66%	15.76%	-46.15%	-51.46%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2024	2023	2022	2021	2020
Basic Shares Outstanding	4.733M shares	5.678M shares	40.49M shares	26.16M shares	23.84M shares
Diluted Shares Outstanding	4.733M shares	5.678M shares	40.49M shares	40.49M shares	23.84M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $62.623 Million

About Paranovus Entertainment Technology Ltd.

Paranovus 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 is headquartered in Nanping, Fujian and currently employs 7 full-time employees. The company went IPO on 2019-10-25. The firm's main businesses are the research and development, manufacturing and sales of nutritional products made from traditional Chinese medicine and animal extracts. The firm's main products include spore powder, cordyceps mycelium products, donkey-hide gelatin solution products, vitamins and dietary supplement products, American ginseng products and other nutrition products. The firm also engages in e-commerce and auto sales through the platforms Happy Buy and Taochejun.

Industry: Services-Computer Processing & Data Preparation Peers: China Health Industries Holdings, Inc. SHINECO, INC.