Paranovus Entertainment Technology Ltd. (PAVS) - Net Assets
Based on the latest financial reports, Paranovus Entertainment Technology Ltd. (PAVS) has net assets worth $28.44 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($37.29 Million) and total liabilities ($8.85 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check how resilient are Paranovus Entertainment Technology Ltd.'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $28.44 Million |
| % of Total Assets | 76.26% |
| Annual Growth Rate | 2.77% |
| 5-Year Change | -70.3% |
| 10-Year Change | N/A |
| Growth Volatility | 160.64 |
Paranovus Entertainment Technology Ltd. - Net Assets Trend (2017–2025)
This chart illustrates how Paranovus Entertainment Technology Ltd.'s net assets have evolved over time, based on quarterly financial data. Also explore Paranovus Entertainment Technology Ltd. total assets for the complete picture of this company's asset base.
Annual Net Assets for Paranovus Entertainment Technology Ltd. (2017–2025)
The table below shows the annual net assets of Paranovus Entertainment Technology Ltd. from 2017 to 2025. For live valuation and market cap data, see PAVS market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $29.00 Million | +461.15% |
| 2024-03-31 | $5.17 Million | -62.74% |
| 2023-03-31 | $13.87 Million | -82.08% |
| 2022-03-31 | $77.41 Million | -20.71% |
| 2021-03-31 | $97.64 Million | +22.68% |
| 2020-03-31 | $79.59 Million | +30.66% |
| 2019-03-31 | $60.92 Million | +36.73% |
| 2018-03-31 | $44.55 Million | +91.10% |
| 2017-03-31 | $23.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Paranovus Entertainment Technology Ltd.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 495.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $673.30K | 2.78% |
| Other Comprehensive Income | $2.53 Million | 10.42% |
| Other Components | $91.32 Million | 376.46% |
| Total Equity | $24.26 Million | 100.00% |
Paranovus Entertainment Technology Ltd. Competitors by Market Cap
The table below lists competitors of Paranovus Entertainment Technology Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Invibes Advertising NV
PA:ALINV
|
$4.13 Million |
|
Agereh Technologies Inc
V:AUTO
|
$4.14 Million |
|
Sultan Resources Ltd
AU:SLZ
|
$4.14 Million |
|
EPRCOMUNICAZIONE S.P.A.
F:J3P
|
$4.15 Million |
|
Avant Brands Inc
TO:AVNT
|
$4.13 Million |
|
Kineta, Inc.
NASDAQ:KANT
|
$4.12 Million |
|
Jaya Swarasa Agung PT
JK:TAYS
|
$4.12 Million |
|
DEFSEC Technologies Inc.
NASDAQ:DFSC
|
$4.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Paranovus Entertainment Technology Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,580,626 to 24,256,900, a change of 18,676,274 (334.7%).
- Net loss of 7,893,248 reduced equity.
- New share issuances of 27,000,000 increased equity.
- Other comprehensive income decreased equity by 18,297.
- Other factors decreased equity by 412,181.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-7.89 Million | -32.54% |
| Share Issuances | $27.00 Million | +111.31% |
| Other Comprehensive Income | $-18.30K | -0.08% |
| Other Changes | $-412.18K | -1.7% |
| Total Change | $- | 334.66% |
Book Value vs Market Value Analysis
This analysis compares Paranovus Entertainment Technology Ltd.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.04x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | $1865.05 | $1.18 | x |
| 2018-03-31 | $3564.13 | $1.18 | x |
| 2019-03-31 | $4873.25 | $1.18 | x |
| 2020-03-31 | $6675.89 | $1.18 | x |
| 2021-03-31 | $362.17 | $1.18 | x |
| 2022-03-31 | $3859.38 | $1.18 | x |
| 2023-03-31 | $259.93 | $1.18 | x |
| 2024-03-31 | $117.92 | $1.18 | x |
| 2025-03-31 | $28.70 | $1.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Paranovus Entertainment Technology Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -32.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11033.03%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.47x
- Recent ROE (-32.54%) is above the historical average (-68.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 62.27% | 27.39% | 1.28x | 1.78x | $12.18 Million |
| 2018 | 39.26% | 28.44% | 1.15x | 1.20x | $13.03 Million |
| 2019 | 30.73% | 29.28% | 0.97x | 1.08x | $12.63 Million |
| 2020 | 15.94% | 19.50% | 0.76x | 1.07x | $4.73 Million |
| 2021 | 0.83% | 1.10% | 0.63x | 1.19x | $-8.69 Million |
| 2022 | -62.96% | -236.96% | 0.21x | 1.25x | $-57.00 Million |
| 2023 | -486.07% | -307.47% | 0.64x | 2.46x | $-73.21 Million |
| 2024 | -181.45% | -154.72% | 0.85x | 1.38x | $-10.68 Million |
| 2025 | -32.54% | -11033.03% | 0.00x | 1.47x | $-10.32 Million |
Industry Comparison
This section compares Paranovus Entertainment Technology Ltd.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,624,053,735
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Paranovus Entertainment Technology Ltd. (PAVS) | $28.44 Million | 62.27% | 0.31x | $4.13 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $-46.26 Million | 0.00% | 0.00x | $27.34 Million |
| Agape ATP Corporation Common Stock (ATPC) | $4.98 Million | -10.43% | 0.03x | $2.34 Million |
| B&G Foods Inc (BGS) | $49.99 Million | 30.34% | 10.00x | $441.46 Million |
| BranchOut Food Inc. Common Stock (BOF) | $2.21 Million | -177.60% | 0.41x | $52.64 Million |
| Bellring Brands LLC (BRBR) | $451.70 Million | 21.28% | 0.24x | $1.82 Billion |
| BRC Inc. (BRCC) | $46.51 Million | -36.00% | 4.07x | $124.97 Million |
| BRF SA ADR (BRFS) | $15.69 Billion | 14.18% | 1.30x | $5.38 Billion |
| Bridgford Foods Corporation (BRID) | $36.90 Million | 17.89% | 0.43x | $68.08 Million |
| Borealis Foods Inc. (BRLS) | $4.64 Million | -566.46% | 12.96x | $32.41 Million |
| Better Choice Company Inc (BTTR) | $-80.79K | 0.00% | 0.00x | $5.13 Million |
About Paranovus Entertainment Technology Ltd.
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… Read more