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
Paranovus Entertainment Technology Ltd. (PAVS) - Total Assets
Latest total assets as of September 2025: $37.29 Million USD
Based on the latest financial reports, Paranovus Entertainment Technology Ltd. (PAVS) holds total assets worth $37.29 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Paranovus Entertainment Technology Ltd. - Total Assets Trend (2017–2025)
This chart illustrates how Paranovus Entertainment Technology Ltd.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Paranovus Entertainment Technology Ltd. - Asset Composition Analysis
Current Asset Composition (March 2025)
Paranovus Entertainment Technology Ltd.'s total assets of $37.29 Million consist of 20.2% current assets and 79.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.7% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $653.34K | 1.8% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $10.75 Million | 30.2% |
| Goodwill | $17.50 Million | 49.2% |
Asset Composition Trend (2017–2025)
This chart illustrates how Paranovus Entertainment Technology Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Paranovus Entertainment Technology Ltd.'s current assets represent 20.2% of total assets in 2025, a decrease from 77.6% in 2017.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2025, down from 10.3% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 79.0% of total assets, an increase from 1.0% in 2017.
- Asset Diversification: The largest asset category is goodwill at 49.2% of total assets.
Paranovus Entertainment Technology Ltd. Competitors by Total Assets
Key competitors of Paranovus Entertainment Technology Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
General Mills Inc
NYSE:GIS
|
USA | $32.55 Billion |
|
Maniker F & G Co. Ltd
KQ:195500
|
Korea | ₩123.42 Billion |
|
Xiwang Foodstuffs Co Ltd
SHE:000639
|
China | CN¥6.08 Billion |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
China | CN¥4.57 Billion |
|
CNFC Overseas Fishery Co Ltd
SHE:000798
|
China | CN¥5.88 Billion |
|
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
|
China | CN¥40.64 Billion |
|
Xinjiang Chalkis Co Ltd
SHE:000972
|
China | CN¥1.25 Billion |
|
Daehan Flour Mills Co Ltd
KO:001130
|
Korea | ₩1.61 Trillion |
Paranovus Entertainment Technology Ltd. - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Paranovus Entertainment Technology Ltd. generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Paranovus Entertainment Technology Ltd. is currently not profitable relative to its asset base.
Paranovus Entertainment Technology Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.15 | 8.74 | 6.29 |
| Quick Ratio | 1.08 | 8.74 | 6.18 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.27 Million | $ 25.47 Million | $ 79.99 Million |
Paranovus Entertainment Technology Ltd. - Advanced Valuation Insights
This section examines the relationship between Paranovus Entertainment Technology Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.20 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 360.1% |
| Total Assets | $35.56 Million |
| Market Capitalization | $21.55K USD |
Valuation Analysis
Below Book Valuation: The market values Paranovus Entertainment Technology Ltd.'s assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Paranovus Entertainment Technology Ltd.'s assets grew by 360.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Paranovus Entertainment Technology Ltd. (2017–2025)
The table below shows the annual total assets of Paranovus Entertainment Technology Ltd. from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | $35.56 Million | +360.15% |
| 2024-03-31 | $7.73 Million | -78.73% |
| 2023-03-31 | $36.34 Million | -62.70% |
| 2022-03-31 | $97.43 Million | -13.59% |
| 2021-03-31 | $112.74 Million | +32.49% |
| 2020-03-31 | $85.10 Million | +29.57% |
| 2019-03-31 | $65.68 Million | +23.00% |
| 2018-03-31 | $53.40 Million | +28.58% |
| 2017-03-31 | $41.53 Million | -- |