View Future GrowthParanovus Entertainment Technology 과거 순이익 실적과거 기준 점검 0/6Paranovus Entertainment Technology은 연평균 3.5%의 비율로 수입이 증가해 온 반면, Personal Products 산업은 연평균 13%의 비율로 증가했습니다. 매출은 연평균 55.3%의 비율로 감소했습니다.핵심 정보3.52%순이익 성장률39.01%주당순이익(EPS) 성장률Personal Products 산업 성장률20.87%매출 성장률-55.29%자기자본이익률-22.13%순이익률-51.47%최근 순이익 업데이트30 Sep 2025최근 과거 실적 업데이트Reported 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).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.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.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.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.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.모든 업데이트 보기Recent updates공고 • Aug 01Paranovus Entertainment Technology Ltd. announced delayed 20-F filingOn 07/31/2026, 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 • Jun 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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 Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (over 98x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (US$10.8m market cap).공고 • Jun 17Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering in the amount of $10 million.Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering in the amount of $10 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 9,300,000 Price\Range: $0.2 Discount Per Security: $0.014 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 40,700,000 Price\Range: $0.2 Discount Per Security: $0.014 Transaction Features: Registered Direct Offering공고 • Jun 16+ 1 more updateParanovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $10 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $10 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 50,000,000 Price\Range: $0.2 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Transaction Features: Registered Direct OfferingNew 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).공고 • 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).공고 • 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 Offering분석 기사 • 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).분석 기사 • 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).공고 • 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.공고 • 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 Offering공고 • 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%.공고 • 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.공고 • 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.공고 • 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).분석 기사 • 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.분석 기사 • 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...공고 • 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).공고 • 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.공고 • 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.분석 기사 • 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...분석 기사 • 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.분석 기사 • 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.분석 기사 • 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.매출 및 비용 세부 내역Paranovus Entertainment Technology가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이NasdaqCM:PAVS 매출, 비용 및 순이익 (USD Millions)날짜매출순이익일반관리비연구개발비30 Sep 2512-64030 Jun 256-63031 Mar 250-72031 Dec 240-52030 Sep 240-42030 Jun 240-42031 Mar 240-42031 Dec 23-20-42030 Sep 236-34030 Jun 2315-44031 Mar 230-44031 Dec 22-2721-17-130 Sep 2259-4137130 Jun 2274-4543131 Mar 2221-511031 Dec 2193-3137230 Sep 2196-1225230 Jun 2184-620231 Mar 2171115231 Dec 2064414230 Sep 2056713230 Jun 20601013231 Mar 20651313231 Dec 19641611230 Sep 1964189230 Jun 1964199231 Mar 1964198231 Dec 1864188230 Sep 1864189230 Jun 1863188231 Mar 1861177231 Mar 17531572양질의 수익: PAVS 은(는) 현재 수익성이 없습니다.이익 마진 증가: PAVS는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: PAVS는 수익성이 없지만 지난 5년 동안 연평균 3.5%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 PAVS의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: PAVS은 수익성이 없어 지난 해 수익 성장률을 Personal Products 업계(-25.8%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: PAVS는 현재 수익성이 없으므로 자본 수익률이 음수(-22.13%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YHousehold 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/08/12 02:24종가2026/08/12 00:00수익2025/09/30연간 수익2025/03/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Paranovus Entertainment Technology Ltd.는 1명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Han JangAegis Capital Corporation
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).
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.
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.
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.
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.
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.
공고 • Aug 01Paranovus Entertainment Technology Ltd. announced delayed 20-F filingOn 07/31/2026, 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 • Jun 23New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. 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 Share price has been highly volatile over the past 3 months (26% average weekly change). Shareholders have been substantially diluted in the past year (over 98x increase in shares outstanding). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Market cap is less than US$100m (US$10.8m market cap).
공고 • Jun 17Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering in the amount of $10 million.Paranovus Entertainment Technology Ltd. has completed a Follow-on Equity Offering in the amount of $10 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 9,300,000 Price\Range: $0.2 Discount Per Security: $0.014 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Securities Offered: 40,700,000 Price\Range: $0.2 Discount Per Security: $0.014 Transaction Features: Registered Direct Offering
공고 • Jun 16+ 1 more updateParanovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $10 million.Paranovus Entertainment Technology Ltd. has filed a Follow-on Equity Offering in the amount of $10 million. Security Name: Class A Ordinary Shares Security Type: Common Stock Securities Offered: 50,000,000 Price\Range: $0.2 Security Name: Pre-Funded Warrants Security Type: Equity Warrant Transaction Features: Registered Direct Offering
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).
공고 • 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).
공고 • 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
분석 기사 • 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).
분석 기사 • 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).
공고 • 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.
공고 • 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
공고 • 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%.
공고 • 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.
공고 • 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.
공고 • 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).
분석 기사 • 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.
분석 기사 • 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...
공고 • 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).
공고 • 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.
공고 • 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.
분석 기사 • 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...
분석 기사 • 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.
분석 기사 • 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.
분석 기사 • 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.