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Paranovus Entertainment Technology Ltd (OQ:PAVS)

Business Focus: Special Foods & Welbeing Products

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Insider Chart - Past 6 Months

Insider Filings

Latest 10 SEC Form 4 filings for PAVS*US within the last 6 months
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Company News

Nov 15, 2023 07:30 ET
Paranovus Signs Software Development Agreement with BlueLine Studios to Advance Hollywood Sunshine Project
NANPING, China, Nov. 15, 2023 /PRNewswire/ -- Paranovus Entertainment Technology Ltd. (Nasdaq: PAVS) (the "Company") announced today that it has entered into a software development agreement with BlueLine Studios Inc. ("BlueLine"), a portfolio company of Caravan Digital L.P. ("Caravan"), a co-founder of consumer companies authentically powered by iconic artists and athletes in partnership with Creative Artists Agency("CAA"), to focus on developing the AI-generated content (AIGC) game application, Hollywood Sunshine.
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Valuation Ratios

Industry
Sector
Beta
0.18
--
--
Price to Sales - TTM
0.15
2.34
1.58
Price to Book - most recent quarter
0.72
1.08
1.92
Price to Cash Flow per share - TTM
--
11.58
11.87
Price to Free Cash Flow per share - TTM
--
11.69
24.46
See all valuations

Business Summary

Sector:  Consumer Non-Cyclicals Industry:  Food Processing

Paranovus Entertainment Technology Ltd, formerly Happiness Development Group Ltd, is a company mainly engaged in the production of nutritional products. The Company's main businesses are the research and development, manufacturing and sales of nutritional products made from traditional Chinese medicine and animal extracts. The Company's main products include spore powder, cordyceps mycelium products, donkey-hide gelatin solution products, vitamins and dietary supplement products, American ginseng products and other nutrition products. The Company also engages in e-commerce and auto sales through the platforms Happy Buy and Taochejun.

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