v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS EQUITY - USD ($)
Total
Additional paid-in capital
Class A, Ordinary
Retained Earnings (Accumulated Deficit)
Class B, Ordinary
Statutory Surplus Reserve
Accumulated other comprehensive loss
Paranovus Entertainment Technology Ltd shareholders Equity
Noncontrolling Interest
Balance, shares at Mar. 31, 2023     7,724,675   612,255        
Balance, amount at Mar. 31, 2023 $ 13,873,071 $ 66,908,726 $ 77,177 $ (59,453,593) $ 6,123 $ 7,622,765 $ (402,119) $ 14,759,079 $ (886,008)
Share cancellation, shares     (1,000,000)            
Share cancellation, amount (2,000,000) (1,990,000) $ (10,000) 0 0 0 0 (2,000,000) 0
Net loss (4,090,328) 0 0 (4,289,195) 0 0 0 (4,289,195) 198,867
Discontinued operations - disposal (5,836,996) 0 0 1,785,769 0 (7,622,765) 0 (5,836,996) 0
Foreign currency translation adjustments 3,222,698 0 0 0 0 0 2,947,738 2,947,738 274,960
Balance, amount at Mar. 31, 2024 5,168,445 64,918,726 $ 67,177 (61,957,019) $ 6,123 0 2,545,619 5,580,626 (412,181)
Balance, shares at Mar. 31, 2024     6,724,675   612,255        
Net loss (7,002,647) 0 $ 0 (7,002,647) $ 0 0 0 (7,002,647) 0
Discontinued operations - disposal (890,601) 0 0 (1,302,782) 0 0 0 (1,302,782) 412,181
Foreign currency translation adjustments (18,297) 0 $ 0 0 0 0 (18,297) (18,297) 0
Ordinary shares issued for cash, shares     60,000,000            
Ordinary shares issued for cash, amount 27,000,000 26,400,000 $ 600,000 0 0 0 0 27,000,000 0
Business combination 4,745,697 0 0 0 0 0 0 0 4,745,697
Balance, amount at Mar. 31, 2025 29,002,597 91,318,726 $ 667,177 (70,262,448) $ 6,123 0 2,527,322 24,256,900 4,745,697
Balance, shares at Mar. 31, 2025     66,724,675   612,255        
Net loss (15,715,049) 0 $ 0 (12,733,819) $ 0 0 0 (12,733,819) (2,981,229)
Foreign currency translation adjustments (136,621) 0 $ 0 0 $ 0 0 (136,621) (136,621) 0
Ordinary shares issued for cash, shares     291,112,623   40,000        
Ordinary shares issued for cash, amount 19,862,096 16,989,303 $ 2,832,793 0 $ 40,000 0 0 19,862,096 0
Share consolidation, shares     356,892,514   648,409        
Share consolidations, amount 0 0 $ 0 0 $ 0 0 0 0 0
Capital reduction 0 3,546,082 (3,499,959) 0 (46,123) 0 0 0 0
Balance, amount at Mar. 31, 2026 $ 33,013,023 $ 111,854,111 $ 11 $ (82,996,267) $ 0 $ 0 $ 2,390,701 $ 31,248,555 $ 1,764,468
Balance, shares at Mar. 31, 2026     944,784   3,846