Paranovus Entertainment Technology annual return on equity
2019
2020
2021
2022
2023
2024
2025
2026
Paranovus Entertainment Technology Return on Equity (ROE) Growth & History (PAVS)
Paranovus Entertainment Technology's return on equity was −45.88% for fiscal 2026.
View full Paranovus Entertainment Technology company overviewParanovus Entertainment Technology annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | −45.88% | +7.03 pp |
| 2025 | 2025-03-31 | −52.91% | +46.66 pp |
| 2024 | 2024-03-31 | −99.57% | +54.90 pp |
| 2023 | 2023-03-31 | −154.47% | −98.01 pp |
| 2022 | 2022-03-31 | −56.46% | −57.36 pp |
| 2021 | 2021-03-31 | 0.90% | −17.16 pp |
| 2020 | 2020-03-31 | 18.06% | −17.44 pp |
| 2019 | 2019-03-31 | 35.50% | — |
Paranovus Entertainment Technology return on equity trends
Over the last five fiscal years, Paranovus Entertainment Technology's return on equity decreased from 0.90% to −45.88%, a change of −46.79 percentage points.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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