Paranovus Entertainment Technology（PAVS）株式概要パラノヴァス・エンターテインメント・テクノロジー社は、人工知能（AI）を活用したエンターテインメント業界で事業を展開している。 詳細PAVS ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性3/6配当金0/6リスク分析過去1年間で株主の希薄化は大幅に進んだ US市場と比較して、過去 3 か月間の株価の変動が非常に大きい意味のある時価総額がありません ( $1M )すべてのリスクチェックを見るPAVS Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair ValueUS$Current PriceUS$1.04372.7% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-41m96m2016201920222025202620282031Revenue US$221.9kEarnings US$21.5kAdvancedSet Fair ValueView all narrativesParanovus Entertainment Technology Ltd. 競合他社Functional BrandsSymbol: NasdaqCM:MEHAMarket cap: US$1.7mLFTD PartnersSymbol: OTCPK:LIFDMarket cap: US$2.7mSkinvisibleSymbol: OTCPK:SKVIMarket cap: US$924.6kTradewinds UniversalSymbol: OTCPK:TRWDMarket cap: US$2.3m価格と性能株価の高値、安値、推移の概要Paranovus Entertainment Technology過去の株価現在の株価US$1.0452週高値US$1,488.0052週安値US$1.02ベータ-0.381ヶ月の変化-36.20%3ヶ月変化-92.95%1年変化-99.90%3年間の変化-99.90%5年間の変化-99.90%IPOからの変化-99.90%最新ニュースNew Risk • Apr 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 136% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Market cap is less than US$10m (US$2.90m market cap).New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Market cap is less than US$10m (US$468.2k market cap). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).お知らせ • Mar 25Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 14,285,715 Price\Range: $0.35 Transaction Features: Registered Direct OfferingNew Risk • Mar 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 460% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Shareholders have been substantially diluted in the past year (460% increase in shares outstanding). Market cap is less than US$10m (US$2.12m market cap).お知らせ • Mar 24Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering.Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 1,568,805 Price\Range: $6.154374 Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 5,880,052 Transaction Features: At the Market Offering分析記事 • Jan 23Improved Revenues Required Before Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Stock's 30% Jump Looks JustifiedThose holding Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) shares would be relieved that the share price has...最新情報をもっと見るRecent updatesNew Risk • Apr 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 136% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Market cap is less than US$10m (US$2.90m market cap).New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Market cap is less than US$10m (US$468.2k market cap). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).お知らせ • Mar 25Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 14,285,715 Price\Range: $0.35 Transaction Features: Registered Direct OfferingNew Risk • Mar 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 460% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Shareholders have been substantially diluted in the past year (460% increase in shares outstanding). Market cap is less than US$10m (US$2.12m market cap).お知らせ • Mar 24Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering.Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 1,568,805 Price\Range: $6.154374 Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 5,880,052 Transaction Features: At the Market Offering分析記事 • Jan 23Improved Revenues Required Before Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Stock's 30% Jump Looks JustifiedThose holding Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) shares would be relieved that the share price has...Reported Earnings • Dec 08First half 2026 earnings released: US$0.008 loss per share (vs US$0.035 loss in 1H 2025)First half 2026 results: US$0.008 loss per share (improved from US$0.035 loss in 1H 2025). Revenue: US$12.4m (up US$12.3m from 1H 2025). Net loss: US$681.0k (loss narrowed 23% from 1H 2025).分析記事 • Dec 07Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Looks Inexpensive After Falling 94% But Perhaps Not Attractive EnoughThe Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) share price has fared very poorly over the last month...New Risk • Dec 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$5.25m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (US$72k revenue). Market cap is less than US$10m (US$5.25m market cap).お知らせ • Nov 11Paranovus Entertainment Technology Ltd., Annual General Meeting, Nov 26, 2025Paranovus Entertainment Technology Ltd., Annual General Meeting, Nov 26, 2025. Location: 250 park avenue, 7th floor, ny 10177., new york United StatesBoard Change • Oct 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director David Lu is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.お知らせ • Oct 29Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $100 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $100 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Transaction Features: At the Market Offeringお知らせ • Aug 01Paranovus Entertainment Technology Ltd. announced delayed 20-F filingOn 07/31/2025, Paranovus Entertainment Technology Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$58.6m market cap).Buy Or Sell Opportunity • Jul 23Now 30% overvaluedOver the last 90 days, the stock has fallen 25% to US$0.98. The fair value is estimated to be US$0.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 85% over the last 3 years. Earnings per share has grown by 69%.お知らせ • Jul 18Paranovus Entertainment Technology Limited Receives Bid Deficiency Notice from NasdaqParanovus Entertainment Technology Limited announced on July 11, 2025, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq"), notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company's Class A ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until January 7, 2026 to regain compliance. If at any time during such 180-day period the closing bid price of the Company's Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.Buy Or Sell Opportunity • Jun 11Now 24% overvaluedOver the last 90 days, the stock has fallen 29% to US$0.99. The fair value is estimated to be US$0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 85% over the last 3 years. Earnings per share has grown by 69%.Reported Earnings • Apr 29First half 2025 earnings released: US$0.035 loss per share (vs US$2.06 profit in 1H 2024)First half 2025 results: US$0.035 loss per share (down from US$2.06 profit in 1H 2024). Revenue: US$68.5k (down 99% from 1H 2024). Net loss: US$880.2k (down 109% from profit in 1H 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.お知らせ • Apr 11Paranovus Entertainment Technology Receives Nasdaq Notification Letter Related to Late Filing of Form 6-KParanovus Entertainment Technology Limited ("PAVS" or the "Company") announced that it has received a letter from the Nasdaq Stock Market LLC ("Nasdaq"), dated April 9, 2025 (the "Deficiency Letter"), notifying the Company that it is not in compliance with the requirements for continued listing set in Nasdaq Listing Rule 5250(c)(2) because it did not timely file its Form 6-K (the "Filing") for the period ended September 30, 2024, reporting interim financial information for the six-month period there ended. In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the "Compliance Plan"). If Nasdaq accepts the Compliance Plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the Filing's due date, or until September 29, 2025, to regain compliance. The Company intends either to file the required Filing or submit the Compliance Plan within the prescribed 60-day period. The Deficiency Letter has no immediate impact on the listing of the Company's Class A ordinary shares on the Nasdaq Capital Market. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.New Risk • Feb 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (US$92.9m market cap).Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director David Lu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.お知らせ • Aug 02Paranovus Entertainment Technology Ltd. announced delayed 20-F filingOn 08/01/2024, Paranovus Entertainment Technology Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.New Risk • Jul 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (US$7.48m market cap). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change).Board Change • Jun 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director David Lu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.Board Change • May 14High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director John Levy is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.New Risk • Apr 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.82m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$25m free cash flow). Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (US$9.82m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).分析記事 • Mar 20Take Care Before Jumping Onto Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Even Though It's 26% CheaperTo the annoyance of some shareholders, Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) shares are down a...Reported Earnings • Jan 15First half 2024 earnings released: EPS: US$2.06 (vs US$0.053 loss in 1H 2023)First half 2024 results: EPS: US$2.06 (up from US$0.053 loss in 1H 2023). Revenue: US$6.29m (down 63% from 1H 2023). Net income: US$9.75m (up US$11.9m from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 9 percentage points per year, which is a significant difference in performance.分析記事 • Dec 20Sentiment Still Eluding Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS)You may think that with a price-to-sales (or "P/S") ratio of 0.2x Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS...お知らせ • Sep 07Paranovus Entertainment Technology Ltd. (NasdaqCM:PAVS) entered into a non-binding letter of intent to acquire 100% of Blueline Studios Inc. from Caravan Digital L.P.Paranovus Entertainment Technology Ltd. (NasdaqCM:PAVS) entered into a non-binding letter of intent to acquire 100% of Blueline Studios Inc. from Caravan Digital L.P. on September 5, 2023. Under the terms of the LOI, BlueLine will have a right of first offer for any talent-related game development projects from Caravan for five years following the closing of the acquisition. Transaction is subject to customary closing conditions and, dependent on the results of due diligence and negotiation of the definitive documents between the parties, may require material modifications to the terms set forth in the LOI.Reported Earnings • Jul 31Full year 2023 earnings released: US$253 loss per share (vs US$24.30 loss in FY 2022)Full year 2023 results: US$253 loss per share (further deteriorated from US$24.30 loss in FY 2022). Revenue: US$98.2m (up 9.7% from FY 2022). Net loss: US$71.7m (loss widened 46% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.New Risk • Jun 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 81% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$20.9m market cap).お知らせ • May 19Paranovus Entertainment Technology Ltd., Annual General Meeting, Jun 30, 2023Paranovus Entertainment Technology Ltd., Annual General Meeting, Jun 30, 2023, at 10:00 US Eastern Standard Time. Location: No. 11, Dongjiao East Road, Shunchang County, Nanping Fujian Province China Agenda: To consider the election of each of the five directors named in the notice to shareholders to hold office until the next annual meeting of shareholders and until his/her respective successor is elected and duly qualified; to consider the ratification of the appointment of TPS Thayer LLC as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2023; and to approve the proposed sale of the subsidiaries, Fujian Happiness Biotech Co., Limited (“Fujian Happiness”) and its subsidiaries Shunchang Happiness Nutraceutical Co., Ltd., Fujian Shennong Jiagu Development Co., Ltd., and Fuzhou Hekangyuan Trading Co., Ltd. to Fujian Hengda Beverage Co., Ltd, a PRC company, in exchange for cash consideration of RMB 78 million, approximately $11.3 million.Reported Earnings • Feb 20First half 2023 earnings released: US$9.57 loss per share (vs US$0.37 loss in 1H 2022)First half 2023 results: US$9.57 loss per share (further deteriorated from US$0.37 loss in 1H 2022). Revenue: US$53.0m (up 13% from 1H 2022). Net loss: US$19.4m (loss widened 93% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.お知らせ • Jan 20+ 1 more updateHappiness Development Group Limited Announces Chief Financial Officer ChangesMr. Jiong Bian, the Chief Financial Officer of Happiness Development Group Limited, tendered his resignation as the CFO for personal reasons, effective January 16, 2023. Mr. Bian’s resignation was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Effective on January 16, 2023, the board of directors of the Company appointed Ms. Sophie Ye Tao as the CFO of the Company to fill the vacancies resulted from Mr. Bian’s resignation. The biographical information of Ms. Sophie Ye Tao is set forth below. Ms. Sophie Ye Tao, age 44, has been an active investor and advisor in private equity and public equity markets in China and the US since 2007. Throughout her investment career, she has made private equity investments in companies including SpaceX, Evernote, 360 DigiTech Inc., Star CM Holdings, the largest unscripted content producer in China, Linmon Media and Tricorn Technology. From January 2021 to December 2022, Sophie Ye Tao was the President and Chief Executive Officer of SPK Acquisition Corp. From 2016 to 2021, Ms. Tao was a partner at Hanfor Capital Management. She was a co-founder and partner at Ray Shi Capital Group from 2010 to 2015. Ms. Tao was the senior investment manager for Greater China at Vision Capital Advisors in New York City from 2007 to 2010. At Vision, Ms. Tao helped launch and co-managed the Vision Opportunity China Fund, focusing on sourcing, structuring and investing in small- and medium-sized enterprises in China through reverse mergers, private placements and private equity. Previously, Ms. Tao worked at Banc of America Securities LLC in New York City in its equity capital markets group between 2005 and 2007, where she originated and executed convertible bond and other equity–linked issuances. She also worked at NERA Economic Consulting in its Chicago and New York City offices between 2003 and 2005 where she helped provide economics and econometrics analysis and recommendations to multi-national corporations involved in antitrust and securities litigations. Before that, Ms. Tao worked as a policy consultant at the Organization for Economic Cooperation and Development in Paris from 2001 to 2002, where she helped advise countries on their economic and regulatory reform policies. Ms. Tao graduated from the Woodrow Wilson School of Public and International Affairs at Princeton University in 2003 with a Master of Public Affairs degree concentrating in economics and advanced quantitative analysis. She also graduated from the University of International Business & Economics in Beijing with a Bachelor of Laws degree in 2000.Reported Earnings • Jan 11First half 2023 earnings released: US$9.57 loss per share (vs US$0.37 loss in 1H 2022)First half 2023 results: US$9.57 loss per share (further deteriorated from US$0.37 loss in 1H 2022). Revenue: US$53.0m (up 13% from 1H 2022). Net loss: US$19.4m (loss widened 93% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.Board Change • Nov 01High number of new directorsIndependent Director Lun Liu was the last director to join the board, commencing their role in 2021.Seeking Alpha • Oct 10Happiness Development Group announces 1-for-20 reverse stock splitHappiness Development Group (NASDAQ:HAPP) is set to execute its 1-for-20 reverse stock split on Monday. The nutraceutical company said its shares will begin trading on a split-adjusted basis when the market opens on Oct. 11, 2022. There were about 66.85M Class A shares and 12.25M Class B shares outstanding on Oct. 7, which now will be reduced to 3.34M and 0.61M, respectively. Stock is down 4% in pre-market to trade at $0.14 vs. 52-week range of $0.13 - $1.14.Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Chairman & CEO Xuezhu Wang is the most experienced director on the board, commencing their role in 2018. Independent Director John Levy was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Jan 09First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst half 2022 results: US$0.37 loss per share (down from US$0.13 profit in 1H 2021). Revenue: US$46.9m (up 114% from 1H 2021). Net loss: US$10.1m (down 416% from profit in 1H 2021). Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is expected to shrink by 12% compared to a 15% growth forecast for the industry in the US.Board Change • Nov 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director John Levy is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$1.23, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the Personal Products industry in the US. Total loss to shareholders of 39% over the past year.Reported Earnings • Aug 05Full year 2021 earnings released: EPS US$0.03 (vs US$0.53 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$71.5m (up 9.9% from FY 2020). Net income: US$786.4k (down 94% from FY 2020). Profit margin: 1.1% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses.分析記事 • Aug 05Happiness Biotech Group (NASDAQ:HAPP) Could Be Struggling To Allocate CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...分析記事 • Mar 18A Look At Happiness Biotech Group's (NASDAQ:HAPP) Share Price ReturnsWhile not a mind-blowing move, it is good to see that the Happiness Biotech Group Limited ( NASDAQ:HAPP ) share price...Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$2.11, the stock is trading at a trailing P/E ratio of 7x, down from the previous P/E ratio of 8.6x. This compares to an average P/E of 20x in the Personal Products industry in the US. Total return to shareholders over the past year is a loss of 55%.Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$2.40, the stock is trading at a trailing P/E ratio of 8x, up from the previous P/E ratio of 6.8x. This compares to an average P/E of 21x in the Personal Products industry in the US. Total return to shareholders over the past year is a loss of 33%.Is New 90 Day High Low • Feb 10New 90-day high: US$2.40The company is up 30% from its price of US$1.84 on 11 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Personal Products industry, which is up 18% over the same period.Reported Earnings • Jan 25First half 2021 earnings released: EPS US$0.13The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: US$21.9m (down 30% from 1H 2020). Net income: US$3.18m (down 62% from 1H 2020). Profit margin: 15% (down from 27% in 1H 2020). The decrease in margin was driven by lower revenue.分析記事 • Jan 24Here's What To Make Of Happiness Biotech Group's (NASDAQ:HAPP) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to US$2.12, the stock is trading at a trailing P/E ratio of 4x, up from the previous P/E ratio of 3.2x. This compares to an average P/E of 19x in the Personal Products industry in the US. Total return to shareholders over the past year is a loss of 52%.Is New 90 Day High Low • Jan 12New 90-day high: US$2.12The company is up 18% from its price of US$1.79 on 13 October 2020. The American market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Personal Products industry, which is up 26% over the same period.分析記事 • Nov 24Would Shareholders Who Purchased Happiness Biotech Group's (NASDAQ:HAPP) Stock Year Be Happy With The Share price Today?Happiness Biotech Group Limited (NASDAQ:HAPP) shareholders should be happy to see the share price up 14% in the last...Is New 90 Day High Low • Oct 31New 90-day low: US$1.68The company is down 33% from its price of US$2.49 on 31 July 2020. The American market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Personal Products industry, which is up 10.0% over the same period.Is New 90 Day High Low • Sep 24New 90-day low: US$1.93The company is down 32% from its price of US$2.85 on 26 June 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Personal Products industry, which is up 10.0% over the same period.株主還元PAVSUS Personal ProductsUS 市場7D-6.3%4.7%1.0%1Y-99.9%-16.7%28.7%株主還元を見る業界別リターン: PAVS過去 1 年間で-16.7 % の収益を上げたUS Personal Products業界を下回りました。リターン対市場: PAVSは、過去 1 年間で28.7 % のリターンを上げたUS市場を下回りました。価格変動Is PAVS's price volatile compared to industry and market?PAVS volatilityPAVS Average Weekly Movement34.0%Personal Products Industry Average Movement7.8%Market Average Movement7.2%10% most volatile stocks in US Market16.4%10% least volatile stocks in US Market3.1%安定した株価: PAVSの株価は、 US市場と比較して過去 3 か月間で変動しています。時間の経過による変動: PAVSの weekly volatility ( 34% ) は過去 1 年間安定していますが、依然としてUSの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト200428Zoe Zhangpavs.aiパラノヴァス・エンターテインメント・テクノロジーは、人工知能（AI）を活用したエンターテインメント業界で事業を展開している。AIを活用したゲームやアプリケーションの提供に注力している。以前はハピネス・デベロップメント・グループ・リミテッドとして知られていたが、2023年3月にパラノバス・エンターテインメント・テクノロジー・リミテッドに社名を変更した。パラノバス・エンターテインメント・テクノロジーは2004年に設立され、ニューヨーク州ニューヨークに本社を置いている。もっと見るParanovus Entertainment Technology Ltd. 基礎のまとめParanovus Entertainment Technology の収益と売上を時価総額と比較するとどうか。PAVS 基礎統計学時価総額US$1.11m収益（TTM）-US$6.39m売上高(TTM)US$12.42m0.1xP/Sレシオ-0.2xPER（株価収益率PAVS は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計PAVS 損益計算書（TTM）収益US$12.42m売上原価US$9.94m売上総利益US$2.48mその他の費用US$8.87m収益-US$6.39m直近の収益報告Sep 30, 2025次回決算日該当なし一株当たり利益（EPS）-6.09グロス・マージン19.97%純利益率-51.47%有利子負債／自己資本比率9.7%PAVS の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/22 08:46終値2026/05/22 00:00収益2025/09/30年間収益2025/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Paranovus Entertainment Technology Ltd. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Han JangAegis Capital Corporation
New Risk • Apr 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 136% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Market cap is less than US$10m (US$2.90m market cap).
New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Market cap is less than US$10m (US$468.2k market cap). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).
お知らせ • Mar 25Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 14,285,715 Price\Range: $0.35 Transaction Features: Registered Direct Offering
New Risk • Mar 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 460% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Shareholders have been substantially diluted in the past year (460% increase in shares outstanding). Market cap is less than US$10m (US$2.12m market cap).
お知らせ • Mar 24Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering.Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 1,568,805 Price\Range: $6.154374 Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 5,880,052 Transaction Features: At the Market Offering
分析記事 • Jan 23Improved Revenues Required Before Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Stock's 30% Jump Looks JustifiedThose holding Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) shares would be relieved that the share price has...
New Risk • Apr 06New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 136% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Shareholders have been substantially diluted in the past year (136% increase in shares outstanding). Market cap is less than US$10m (US$2.90m market cap).
New Risk • Mar 26New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (36% average weekly change). Market cap is less than US$10m (US$468.2k market cap). Minor Risk Shareholders have been diluted in the past year (26% increase in shares outstanding).
お知らせ • Mar 25Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $5 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 14,285,715 Price\Range: $0.35 Transaction Features: Registered Direct Offering
New Risk • Mar 24New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 460% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (37% average weekly change). Shareholders have been substantially diluted in the past year (460% increase in shares outstanding). Market cap is less than US$10m (US$2.12m market cap).
お知らせ • Mar 24Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering.Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 1,568,805 Price\Range: $6.154374 Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 5,880,052 Transaction Features: At the Market Offering
分析記事 • Jan 23Improved Revenues Required Before Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Stock's 30% Jump Looks JustifiedThose holding Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) shares would be relieved that the share price has...
Reported Earnings • Dec 08First half 2026 earnings released: US$0.008 loss per share (vs US$0.035 loss in 1H 2025)First half 2026 results: US$0.008 loss per share (improved from US$0.035 loss in 1H 2025). Revenue: US$12.4m (up US$12.3m from 1H 2025). Net loss: US$681.0k (loss narrowed 23% from 1H 2025).
分析記事 • Dec 07Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Looks Inexpensive After Falling 94% But Perhaps Not Attractive EnoughThe Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) share price has fared very poorly over the last month...
New Risk • Dec 02New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$5.25m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (34% average weekly change). Earnings have declined by 14% per year over the past 5 years. Revenue is less than US$1m (US$72k revenue). Market cap is less than US$10m (US$5.25m market cap).
お知らせ • Nov 11Paranovus Entertainment Technology Ltd., Annual General Meeting, Nov 26, 2025Paranovus Entertainment Technology Ltd., Annual General Meeting, Nov 26, 2025. Location: 250 park avenue, 7th floor, ny 10177., new york United States
Board Change • Oct 31High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director David Lu is the most experienced director on the board, commencing their role in 2022. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Oct 29Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $100 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $100 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Transaction Features: At the Market Offering
お知らせ • Aug 01Paranovus Entertainment Technology Ltd. announced delayed 20-F filingOn 07/31/2025, Paranovus Entertainment Technology Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • Jul 23New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 10% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 32% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (10% average weekly change). Market cap is less than US$100m (US$58.6m market cap).
Buy Or Sell Opportunity • Jul 23Now 30% overvaluedOver the last 90 days, the stock has fallen 25% to US$0.98. The fair value is estimated to be US$0.76, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 85% over the last 3 years. Earnings per share has grown by 69%.
お知らせ • Jul 18Paranovus Entertainment Technology Limited Receives Bid Deficiency Notice from NasdaqParanovus Entertainment Technology Limited announced on July 11, 2025, the Company received a notification letter from the Nasdaq Listing Qualifications Staff of The NASDAQ Stock Market LLC ("Nasdaq"), notifying the Company that the minimum bid price per share for its Class A ordinary shares has been below $1.00 for a period of 30 consecutive business days and the Company therefore no longer meets the minimum bid price requirements set in Nasdaq Listing Rule 5550(a)(2). The notification received has no immediate effect on the listing of the Company's Class A ordinary shares on Nasdaq. Under the Nasdaq Listing Rules, the Company has until January 7, 2026 to regain compliance. If at any time during such 180-day period the closing bid price of the Company's Class A ordinary shares is at least $1 for a minimum of 10 consecutive business days, Nasdaq will provide the Company written confirmation of compliance. If the Company does not regain compliance during such 180-day period, the Company may be eligible for an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for Nasdaq Listing Rule 5550(a)(2), and provide a written notice of its intention to cure this deficiency during the second compliance period, by effecting a reverse stock split, if necessary.
Buy Or Sell Opportunity • Jun 11Now 24% overvaluedOver the last 90 days, the stock has fallen 29% to US$0.99. The fair value is estimated to be US$0.80, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 85% over the last 3 years. Earnings per share has grown by 69%.
Reported Earnings • Apr 29First half 2025 earnings released: US$0.035 loss per share (vs US$2.06 profit in 1H 2024)First half 2025 results: US$0.035 loss per share (down from US$2.06 profit in 1H 2024). Revenue: US$68.5k (down 99% from 1H 2024). Net loss: US$880.2k (down 109% from profit in 1H 2024). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 35% per year, which means it is significantly lagging earnings.
お知らせ • Apr 11Paranovus Entertainment Technology Receives Nasdaq Notification Letter Related to Late Filing of Form 6-KParanovus Entertainment Technology Limited ("PAVS" or the "Company") announced that it has received a letter from the Nasdaq Stock Market LLC ("Nasdaq"), dated April 9, 2025 (the "Deficiency Letter"), notifying the Company that it is not in compliance with the requirements for continued listing set in Nasdaq Listing Rule 5250(c)(2) because it did not timely file its Form 6-K (the "Filing") for the period ended September 30, 2024, reporting interim financial information for the six-month period there ended. In accordance with Nasdaq Listing Rules, the Company has 60 calendar days from the date of the Deficiency Letter to submit a plan to regain compliance with Nasdaq Listing Rules (the "Compliance Plan"). If Nasdaq accepts the Compliance Plan, Nasdaq may grant the Company an exception of up to 180 calendar days from the Filing's due date, or until September 29, 2025, to regain compliance. The Company intends either to file the required Filing or submit the Compliance Plan within the prescribed 60-day period. The Deficiency Letter has no immediate impact on the listing of the Company's Class A ordinary shares on the Nasdaq Capital Market. This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification.
New Risk • Feb 17New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 54% per year over the past 5 years. Shareholders have been substantially diluted in the past year (over 8x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported March 2024 fiscal period end). Market cap is less than US$100m (US$92.9m market cap).
Board Change • Nov 01High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director David Lu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
お知らせ • Aug 02Paranovus Entertainment Technology Ltd. announced delayed 20-F filingOn 08/01/2024, Paranovus Entertainment Technology Ltd. announced that they will be unable to file their next 20-F by the deadline required by the SEC.
New Risk • Jul 30New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (US$7.48m market cap). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (14% average weekly change).
Board Change • Jun 02High number of new and inexperienced directorsThere are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. No experienced directors. No highly experienced directors. Independent Director David Lu is the most experienced director on the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors.
Board Change • May 14High number of new and inexperienced directorsThere are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. Independent Director John Levy is the most experienced director on the board, commencing their role in 2019. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model.
New Risk • Apr 14New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: US$9.82m This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$25m free cash flow). Earnings have declined by 72% per year over the past 5 years. Market cap is less than US$10m (US$9.82m market cap). Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Shareholders have been diluted in the past year (5.5% increase in shares outstanding).
分析記事 • Mar 20Take Care Before Jumping Onto Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Even Though It's 26% CheaperTo the annoyance of some shareholders, Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS ) shares are down a...
Reported Earnings • Jan 15First half 2024 earnings released: EPS: US$2.06 (vs US$0.053 loss in 1H 2023)First half 2024 results: EPS: US$2.06 (up from US$0.053 loss in 1H 2023). Revenue: US$6.29m (down 63% from 1H 2023). Net income: US$9.75m (up US$11.9m from 1H 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 9 percentage points per year, which is a significant difference in performance.
分析記事 • Dec 20Sentiment Still Eluding Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS)You may think that with a price-to-sales (or "P/S") ratio of 0.2x Paranovus Entertainment Technology Ltd. ( NASDAQ:PAVS...
お知らせ • Sep 07Paranovus Entertainment Technology Ltd. (NasdaqCM:PAVS) entered into a non-binding letter of intent to acquire 100% of Blueline Studios Inc. from Caravan Digital L.P.Paranovus Entertainment Technology Ltd. (NasdaqCM:PAVS) entered into a non-binding letter of intent to acquire 100% of Blueline Studios Inc. from Caravan Digital L.P. on September 5, 2023. Under the terms of the LOI, BlueLine will have a right of first offer for any talent-related game development projects from Caravan for five years following the closing of the acquisition. Transaction is subject to customary closing conditions and, dependent on the results of due diligence and negotiation of the definitive documents between the parties, may require material modifications to the terms set forth in the LOI.
Reported Earnings • Jul 31Full year 2023 earnings released: US$253 loss per share (vs US$24.30 loss in FY 2022)Full year 2023 results: US$253 loss per share (further deteriorated from US$24.30 loss in FY 2022). Revenue: US$98.2m (up 9.7% from FY 2022). Net loss: US$71.7m (loss widened 46% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
New Risk • Jun 29New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 15% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 81% per year over the past 5 years. Shareholders have been substantially diluted in the past year (76% increase in shares outstanding). Minor Risk Market cap is less than US$100m (US$20.9m market cap).
お知らせ • May 19Paranovus Entertainment Technology Ltd., Annual General Meeting, Jun 30, 2023Paranovus Entertainment Technology Ltd., Annual General Meeting, Jun 30, 2023, at 10:00 US Eastern Standard Time. Location: No. 11, Dongjiao East Road, Shunchang County, Nanping Fujian Province China Agenda: To consider the election of each of the five directors named in the notice to shareholders to hold office until the next annual meeting of shareholders and until his/her respective successor is elected and duly qualified; to consider the ratification of the appointment of TPS Thayer LLC as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2023; and to approve the proposed sale of the subsidiaries, Fujian Happiness Biotech Co., Limited (“Fujian Happiness”) and its subsidiaries Shunchang Happiness Nutraceutical Co., Ltd., Fujian Shennong Jiagu Development Co., Ltd., and Fuzhou Hekangyuan Trading Co., Ltd. to Fujian Hengda Beverage Co., Ltd, a PRC company, in exchange for cash consideration of RMB 78 million, approximately $11.3 million.
Reported Earnings • Feb 20First half 2023 earnings released: US$9.57 loss per share (vs US$0.37 loss in 1H 2022)First half 2023 results: US$9.57 loss per share (further deteriorated from US$0.37 loss in 1H 2022). Revenue: US$53.0m (up 13% from 1H 2022). Net loss: US$19.4m (loss widened 93% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 60 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 20+ 1 more updateHappiness Development Group Limited Announces Chief Financial Officer ChangesMr. Jiong Bian, the Chief Financial Officer of Happiness Development Group Limited, tendered his resignation as the CFO for personal reasons, effective January 16, 2023. Mr. Bian’s resignation was not a result of any disagreement with the Company on any matter related to the operations, policies, or practices of the Company. Effective on January 16, 2023, the board of directors of the Company appointed Ms. Sophie Ye Tao as the CFO of the Company to fill the vacancies resulted from Mr. Bian’s resignation. The biographical information of Ms. Sophie Ye Tao is set forth below. Ms. Sophie Ye Tao, age 44, has been an active investor and advisor in private equity and public equity markets in China and the US since 2007. Throughout her investment career, she has made private equity investments in companies including SpaceX, Evernote, 360 DigiTech Inc., Star CM Holdings, the largest unscripted content producer in China, Linmon Media and Tricorn Technology. From January 2021 to December 2022, Sophie Ye Tao was the President and Chief Executive Officer of SPK Acquisition Corp. From 2016 to 2021, Ms. Tao was a partner at Hanfor Capital Management. She was a co-founder and partner at Ray Shi Capital Group from 2010 to 2015. Ms. Tao was the senior investment manager for Greater China at Vision Capital Advisors in New York City from 2007 to 2010. At Vision, Ms. Tao helped launch and co-managed the Vision Opportunity China Fund, focusing on sourcing, structuring and investing in small- and medium-sized enterprises in China through reverse mergers, private placements and private equity. Previously, Ms. Tao worked at Banc of America Securities LLC in New York City in its equity capital markets group between 2005 and 2007, where she originated and executed convertible bond and other equity–linked issuances. She also worked at NERA Economic Consulting in its Chicago and New York City offices between 2003 and 2005 where she helped provide economics and econometrics analysis and recommendations to multi-national corporations involved in antitrust and securities litigations. Before that, Ms. Tao worked as a policy consultant at the Organization for Economic Cooperation and Development in Paris from 2001 to 2002, where she helped advise countries on their economic and regulatory reform policies. Ms. Tao graduated from the Woodrow Wilson School of Public and International Affairs at Princeton University in 2003 with a Master of Public Affairs degree concentrating in economics and advanced quantitative analysis. She also graduated from the University of International Business & Economics in Beijing with a Bachelor of Laws degree in 2000.
Reported Earnings • Jan 11First half 2023 earnings released: US$9.57 loss per share (vs US$0.37 loss in 1H 2022)First half 2023 results: US$9.57 loss per share (further deteriorated from US$0.37 loss in 1H 2022). Revenue: US$53.0m (up 13% from 1H 2022). Net loss: US$19.4m (loss widened 93% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance.
Board Change • Nov 01High number of new directorsIndependent Director Lun Liu was the last director to join the board, commencing their role in 2021.
Seeking Alpha • Oct 10Happiness Development Group announces 1-for-20 reverse stock splitHappiness Development Group (NASDAQ:HAPP) is set to execute its 1-for-20 reverse stock split on Monday. The nutraceutical company said its shares will begin trading on a split-adjusted basis when the market opens on Oct. 11, 2022. There were about 66.85M Class A shares and 12.25M Class B shares outstanding on Oct. 7, which now will be reduced to 3.34M and 0.61M, respectively. Stock is down 4% in pre-market to trade at $0.14 vs. 52-week range of $0.13 - $1.14.
Board Change • Apr 27Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Chairman & CEO Xuezhu Wang is the most experienced director on the board, commencing their role in 2018. Independent Director John Levy was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Jan 09First half 2022 earnings: Revenues exceed analysts expectations while EPS lags behindFirst half 2022 results: US$0.37 loss per share (down from US$0.13 profit in 1H 2021). Revenue: US$46.9m (up 114% from 1H 2021). Net loss: US$10.1m (down 416% from profit in 1H 2021). Revenue exceeded analyst estimates by 22%. Earnings per share (EPS) missed analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the next year, revenue is expected to shrink by 12% compared to a 15% growth forecast for the industry in the US.
Board Change • Nov 03Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 new directors. 1 experienced director. No highly experienced directors. 1 independent director (4 non-independent directors). Independent Director John Levy is the most experienced director on the board, commencing their role in 2019. They were also the last independent director to join the board. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improved over the past weekAfter last week's 16% share price gain to US$1.23, the stock trades at a forward P/E ratio of 4x. Average forward P/E is 15x in the Personal Products industry in the US. Total loss to shareholders of 39% over the past year.
Reported Earnings • Aug 05Full year 2021 earnings released: EPS US$0.03 (vs US$0.53 in FY 2020)The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2021 results: Revenue: US$71.5m (up 9.9% from FY 2020). Net income: US$786.4k (down 94% from FY 2020). Profit margin: 1.1% (down from 20% in FY 2020). The decrease in margin was driven by higher expenses.
分析記事 • Aug 05Happiness Biotech Group (NASDAQ:HAPP) Could Be Struggling To Allocate CapitalIf you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
分析記事 • Mar 18A Look At Happiness Biotech Group's (NASDAQ:HAPP) Share Price ReturnsWhile not a mind-blowing move, it is good to see that the Happiness Biotech Group Limited ( NASDAQ:HAPP ) share price...
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to US$2.11, the stock is trading at a trailing P/E ratio of 7x, down from the previous P/E ratio of 8.6x. This compares to an average P/E of 20x in the Personal Products industry in the US. Total return to shareholders over the past year is a loss of 55%.
Valuation Update With 7 Day Price Move • Feb 10Investor sentiment improved over the past weekAfter last week's 17% share price gain to US$2.40, the stock is trading at a trailing P/E ratio of 8x, up from the previous P/E ratio of 6.8x. This compares to an average P/E of 21x in the Personal Products industry in the US. Total return to shareholders over the past year is a loss of 33%.
Is New 90 Day High Low • Feb 10New 90-day high: US$2.40The company is up 30% from its price of US$1.84 on 11 November 2020. The American market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Personal Products industry, which is up 18% over the same period.
Reported Earnings • Jan 25First half 2021 earnings released: EPS US$0.13The company reported a poor first half result with weaker earnings, revenues and profit margins. First half 2021 results: Revenue: US$21.9m (down 30% from 1H 2020). Net income: US$3.18m (down 62% from 1H 2020). Profit margin: 15% (down from 27% in 1H 2020). The decrease in margin was driven by lower revenue.
分析記事 • Jan 24Here's What To Make Of Happiness Biotech Group's (NASDAQ:HAPP) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Valuation Update With 7 Day Price Move • Jan 12Investor sentiment improved over the past weekAfter last week's 25% share price gain to US$2.12, the stock is trading at a trailing P/E ratio of 4x, up from the previous P/E ratio of 3.2x. This compares to an average P/E of 19x in the Personal Products industry in the US. Total return to shareholders over the past year is a loss of 52%.
Is New 90 Day High Low • Jan 12New 90-day high: US$2.12The company is up 18% from its price of US$1.79 on 13 October 2020. The American market is up 11% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Personal Products industry, which is up 26% over the same period.
分析記事 • Nov 24Would Shareholders Who Purchased Happiness Biotech Group's (NASDAQ:HAPP) Stock Year Be Happy With The Share price Today?Happiness Biotech Group Limited (NASDAQ:HAPP) shareholders should be happy to see the share price up 14% in the last...
Is New 90 Day High Low • Oct 31New 90-day low: US$1.68The company is down 33% from its price of US$2.49 on 31 July 2020. The American market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Personal Products industry, which is up 10.0% over the same period.
Is New 90 Day High Low • Sep 24New 90-day low: US$1.93The company is down 32% from its price of US$2.85 on 26 June 2020. The American market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Personal Products industry, which is up 10.0% over the same period.
