Paranovus Entertainment Tech Q2 Filing: $66.7M Assets, $0.6M Liabilities
Ticker: PAVS · Form: 6-K · Filed: Dec 5, 2025 · CIK: 1751876
| Field | Detail |
|---|---|
| Company | Paranovus Entertainment Technology Ltd. (PAVS) |
| Form Type | 6-K |
| Filed Date | Dec 5, 2025 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: financials, acquisition, company-name-change
Related Tickers: PAVS
TL;DR
Paranovus (PAVS) Q2 filing shows $66.7M assets vs $0.6M liabilities. Acquisition mentioned.
AI Summary
Paranovus Entertainment Technology Ltd. filed a 6-K report on December 5, 2025, for the period ending September 30, 2025. The company, formerly known as Happiness Development Group Ltd and Happiness Biotech Group Ltd, reported total assets of $66,724,675 and total liabilities of $612,255 for the second quarter of fiscal year 2026. The filing also references an acquisition of 'TwoLabThree' in March 2023.
Why It Matters
This filing provides a snapshot of Paranovus Entertainment Technology's financial position, including its asset and liability levels, which are key indicators for investors assessing the company's stability and financial health.
Risk Assessment
Risk Level: medium — The filing contains financial data and historical company name changes, suggesting a need for investors to carefully review the company's current operations and financial health.
Key Numbers
- $66.7M — Total Assets (As of September 30, 2025 (Q2 FY2026))
- $0.6M — Total Liabilities (As of September 30, 2025 (Q2 FY2026))
Key Players & Entities
- Paranovus Entertainment Technology Ltd. (company) — Filer
- Happiness Development Group Ltd (company) — Former company name
- Happiness Biotech Group Ltd (company) — Former company name
- TwoLabThree (company) — Acquired entity
- $66,724,675 (dollar_amount) — Total assets for Q2 2026
- $612,255 (dollar_amount) — Total liabilities for Q2 2026
- December 5, 2025 (date) — Filing date
- September 30, 2025 (date) — Period of report end date
FAQ
What is the current business focus of Paranovus Entertainment Technology Ltd. given its former names?
The filing does not explicitly state the current business focus but lists the SIC code as SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374].
What was the nature of the 'AcquisitionOfTwoLabThree' mentioned in the filing?
The filing mentions 'AcquisitionOfTwoLabThree' in relation to 'pavs:ClassAOrdinarySharesStockOrEquityMember' and a date of March 28, 2023, but does not provide further details on the nature of the acquisition.
What is the company's cash position as of September 30, 2025?
The filing does not explicitly state the cash position, but lists 'cash and cash equivalents' as $500,000 for the period ending September 30, 2025.
What are the company's reported earnings per share for the period?
The filing indicates 'earnings per share basic' as $0.01 and 'earnings per share diluted' as $0.01 for the period ending September 30, 2025.
When did the company change its name from Happiness Development Group Ltd?
The company changed its name from Happiness Development Group Ltd on November 12, 2021.
Filing Stats: 241 words · 1 min read · ~1 pages · Grade level 15.4 · Accepted 2025-12-05 08:31:00
Filing Documents
- pavs_6k.htm (6-K) — 92KB
- pavs_ex991.htm (EX-99.1) — 673KB
- pavs_ex992.htm (EX-99.2) — 70KB
- 0001929980-25-000758.txt ( ) — 5360KB
- pavs-20250930.xsd (EX-101.SCH) — 59KB
- pavs-20250930_lab.xml (EX-101.LAB) — 350KB
- pavs-20250930_cal.xml (EX-101.CAL) — 57KB
- pavs-20250930_pre.xml (EX-101.PRE) — 283KB
- pavs-20250930_def.xml (EX-101.DEF) — 169KB
- pavs_6k_htm.xml (XML) — 827KB
Management's Discussion and Analysis of Financial Condition and Results of Operations
Management's Discussion and Analysis of Financial Condition and Results of Operations 101 Interactive Data Files (formatted as Inline XBRL) 104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Paranovus Entertainment Technology Limited Date: December 5, 2025 By: /s/ Xiaoyue Zhang Name: Xiaoyue Zhang Title: Chief Executive Officer 3