Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-95.68%
0%
-95.68%
6 Months
-96.85%
0%
-96.85%
1 Year
-96.65%
0%
-96.65%
2 Years
-98.59%
0%
-98.59%
3 Years
-98.72%
0%
-98.72%
4 Years
-99.75%
0%
-99.75%
5 Years
-99.91%
0%
-99.91%
Paranovus Entertainment Technology Ltd. for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
-74.50%
EBIT Growth (5y)
-168.37%
EBIT to Interest (avg)
-18.80
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.83
Sales to Capital Employed (avg)
1.06
Tax Ratio
0
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
1.09%
ROCE (avg)
6.93%
ROE (avg)
3.33%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
2.02
EV to EBIT
-12.70
EV to EBITDA
-14.69
EV to Capital Employed
6.96
EV to Sales
5.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-54.81%
ROE (Latest)
-6.61%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Sideways
Moving Averages
Mildly Bearish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
Mildly Bearish
OBV
No Trend
Mildly Bearish
Shareholding Snapshot : Sep 2024
Shareholding Compare (%holding) 
Majority shareholders
Strategic Entities
Domestic Funds
Held in 0 Schemes (0%)
Foreign Institutions
Held by 0 Foreign Institutions (0%)
Strategic Entities with highest holding
Highest Public shareholder
Annual Results Snapshot (Consolidated) - Mar'23
Mar'23
Mar'22
Change(%)
Net Sales
98.20
89.50
9.72%
Operating Profit (PBDIT) excl Other Income
-57.10
-45.40
-25.77%
Interest
0.10
0.10
Exceptional Items
-7.90
-10.30
23.30%
Consolidate Net Profit
-72.20
-54.00
-33.70%
Operating Profit Margin (Excl OI)
-616.60%
-531.60%
-8.50%
USD in Million.
Net Sales
YoY Growth in year ended Mar 2023 is 9.72% vs 25.17% in Mar 2022
Consolidated Net Profit
YoY Growth in year ended Mar 2023 is -33.70% vs -7,814.29% in Mar 2022
About Paranovus Entertainment Technology Ltd. 
Paranovus Entertainment Technology Ltd.
Pharmaceuticals & Biotechnology
Happiness Biotech Group Limited. is a company mainly engaged in the research, development, manufacturing, marketing and sales of nutraceutical and dietary supplements. The Company operates four segments, including the Vitamins and Dietary Supplements Products segment, Herbal and Traditional Products segment, Sports Nutrition Products segment and Weight Management Products segment. The Company's products mainly include lucidum spore powder products, cordyceps mycelia products, ejiao solution products, vitamins and dietary supplements products, American ginseng products, and others. The Company conducts its businesses within the domestic market and to overseas markets.
Company Coordinates 
Company Details
No.11, Dongjiao East Road, Shuangxi, Shunchang NANPING FUJ : 353001
Registrar Details






