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PAVS · NASDAQ · Medical - Pharmaceuticals

Paranovus Entertainment Technology (PAVS)

Operates TikTok commerce services and owns women's shaping activewear assets.

$4.16
vs last close+0.10 (+2.46%)
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Paranovus Entertainment Technology Ltd.PAVS
Health Care

Sells merchandise through TikTok-led social commerce while providing shop operations, advertising and influencer services; it also owns U.S. Heyviva activewear assets. Revenue depends on a majority-owned commerce operation and platform-based product and service distribution.

Runs a social-commerce portfolio through Bomie Wookoo, selling clothing, shoes and other merchandise via owned TikTok shops, creator collaborations, direct business-to-business channels and offline channels. The same operation sells training and consulting, brand design, advertising production, livestream operations, influencer engagement and ad placement to merchants.

Owns U.S. Heyviva brand assets for women's shaping activewear, including leggings and bras positioned around comfort, shaping and support. A legacy 2lab3 subsidiary has continued to be associated with development of a game project, but its current operating status is uncertain.

Depends on TikTok and third-party platform access, creator and livestream distribution, and a majority-owned core operation. Discloses one unnamed reportable segment without separate revenue figures for its operating streams or geographies.

Company facts

CEOXiaoyue Zhang
ListedOct 25, 2019
ExchangeNASDAQ
HeadquartersNew York, NY
CountryUnited States
Employees28
CIK0001751876
ISINKYG4289N1557

Market cap$3.5M
EPS (ttm)−$7,523.29
P/E (ttm)−0.0005
ROE-46.4%
P/B0.1113
P/S0.2382
Dividend yieldDiv yield
Beta1.00vs XLV 0.90

No analyst consensus on record.

EPSReportedEstimate

Jul '23Jan '24May '24Aug '24Oct '24Aug '25Nov '25Jun '26
Reported−$3.68−$343.00−$16.80−$39.19−$8.68−$47.52−$0.97−$75.22
Estimate$4,080.00$4,080.00
Surprise−100.1%−101.2%

RevenueReportedEstimate

Jul '23Jan '24May '24Aug '24Oct '24Aug '25Nov '25Jun '26
Reported$6.5M$250.9K$68.5K$3.1K$12.4M$2.2M
Estimate$46.2M$46.2M
Surprise−86.0%−100.0%
Estimate
Reported−$75.22
Estimate
Reported$2.2M
View details

Debt to equity2.30%
Current ratio817.70%

ProfitabilityRevenueNet incomeNet margin

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$16.9M$6.5M$0$0$68.5K$3.1K$12.4M$2.2M
Net income−$19.4M−$52.4M−$15.3M−$2.4M−$1.8M−$5.7M−$681.0K−$12.1M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q2 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income−$2.1M−$2.5M−$1.2M−$1.2M−$1.2M−$1.1M−$627.6K−$2.7M
YoY growthLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss narrowedLoss widened

Balance sheet, Mar 31, 2026Cash & short-term investments $15.3M · Total debt $725.2K · Total assets $36.9M · Shareholders' equity $31.2M

Revenue
$2.2M
Operating income
−$2.7M
Net income
−$12.1M
View details

No dividends on record.

856.9K company shares as of Sep 15, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

1 position filed across a stock split leaves its adjustment unstated and stays out of the bar.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Beta Vortex LimitedStrategic
6.89% of class, as filedfiled Nov 26, 2024
Fortune Universe Company LimitedStrategic
7.94% of class, as filedfiled Nov 21, 2024
Joyful Bright Management LimitedStrategic
9.14% of class, as filedfiled Nov 21, 2024
Rock Jasper Investment Company LimitedStrategic
7.57% of class, as filedfiled Nov 21, 2024
Sincere Talent Investment LimitedStrategic
7.19% of class, as filedfiled Nov 21, 2024

Insider tradesForm 4

Nothing filed in the last 12 months.

View details

  • Lululemon Athletica

    Closest public benchmark in women's yoga and shaping activewear.

  • Nike

    Global performance-apparel rival in women's bras, leggings and shorts.

  • Under Armour Class A

    Women's compression and training-apparel rival.

  • Victoria's Secret

    Adjacent rival in women's sports bras, leggings and shaping.

  • Shopify

    TikTok Shop merchant-platform alternative to managed operations.

Compare

CompanyPriceChange
Paranovus Entertainment Technology$4.16+2.46%$3.5M0.2+70,798.0%
Lululemon Athletica$102.86−0.84%$11.78B8.512.61.1−4.3%
Nike$36.19+0.24%$53.42B17.221.91.2−1.1%
Under Armour Class A$4.64−2.11%$2.02B58.70.4−3.2%
Victoria's Secret$83.09−0.87%$6.66B19.016.71.0+10.4%
Shopify$141.53−4.20%$191.72B99.267.214.4+32.0%
Median18.121.91.1−1.1%