Paranovus Entertainment Technology Past Earnings Performance
Past criteria checks 0/6
Paranovus Entertainment Technology's earnings have been declining at an average annual rate of -72.5%, while the Personal Products industry saw earnings growing at 10.2% annually. Revenues have been growing at an average rate of 7.6% per year.
Key information
-72.5%
Earnings growth rate
-66.4%
EPS growth rate
| Personal Products Industry Growth | 20.9% |
| Revenue growth rate | 7.6% |
| Return on equity | -564.8% |
| Net Margin | -68.4% |
| Last Earnings Update | 30 Sep 2023 |
Recent past performance updates
Recent updates
Take Care Before Jumping Onto Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS) Even Though It's 26% Cheaper
Mar 20
Sentiment Still Eluding Paranovus Entertainment Technology Ltd. (NASDAQ:PAVS)
Dec 20Happiness Development Group announces 1-for-20 reverse stock split
Oct 10Happiness Biotech Group (NASDAQ:HAPP) Could Be Struggling To Allocate Capital
Aug 05Happiness Biotech inks EV distribution agreement with Geely's subsidiary
Jun 10A Look At Happiness Biotech Group's (NASDAQ:HAPP) Share Price Returns
Mar 18Here's What To Make Of Happiness Biotech Group's (NASDAQ:HAPP) Returns On Capital
Jan 24
Happiness Biotech stock surge as its e-commerce business grew over 70% M/M in December
Jan 11Happiness Biotech rallies on subsidiary receiving policy granting 80% tax rebates from local government
Dec 16Would Shareholders Who Purchased Happiness Biotech Group's (NASDAQ:HAPP) Stock Year Be Happy With The Share price Today?
Nov 24Revenue & Expenses BreakdownBeta
How Paranovus Entertainment Technology makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 23 | 88 | -60 | 72 | 1 |
| 30 Jun 23 | 93 | -66 | 68 | 1 |
| 31 Mar 23 | 98 | -72 | 64 | 1 |
| 31 Dec 22 | 61 | -48 | 41 | 1 |
| 30 Sep 22 | 59 | -41 | 37 | 1 |
| 30 Jun 22 | 74 | -45 | 43 | 1 |
| 31 Mar 22 | 89 | -49 | 50 | 2 |
| 31 Dec 21 | 93 | -31 | 37 | 2 |
| 30 Sep 21 | 96 | -12 | 25 | 2 |
| 30 Jun 21 | 84 | -6 | 20 | 2 |
| 31 Mar 21 | 71 | 1 | 15 | 2 |
| 31 Dec 20 | 64 | 4 | 14 | 2 |
| 30 Sep 20 | 56 | 7 | 13 | 2 |
| 30 Jun 20 | 60 | 10 | 13 | 2 |
| 31 Mar 20 | 65 | 13 | 13 | 2 |
| 31 Dec 19 | 64 | 16 | 11 | 2 |
| 30 Sep 19 | 64 | 18 | 9 | 2 |
| 30 Jun 19 | 64 | 19 | 9 | 2 |
| 31 Mar 19 | 64 | 19 | 8 | 2 |
| 31 Dec 18 | 64 | 18 | 8 | 2 |
| 30 Sep 18 | 64 | 18 | 9 | 2 |
| 30 Jun 18 | 63 | 18 | 8 | 2 |
| 31 Mar 18 | 61 | 17 | 7 | 2 |
| 31 Mar 17 | 53 | 15 | 7 | 2 |
Quality Earnings: PAVS is currently unprofitable.
Growing Profit Margin: PAVS is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PAVS is unprofitable, and losses have increased over the past 5 years at a rate of 72.5% per year.
Accelerating Growth: Unable to compare PAVS's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: PAVS is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (3.4%).
Return on Equity
High ROE: PAVS has a negative Return on Equity (-564.81%), as it is currently unprofitable.