XML 14 R6.htm IDEA: XBRL DOCUMENT v3.23.4
Consolidated Statements of Changes in Shareholders’ Equity (Unaudited) - USD ($)
Class A
Ordinary shares
Class B
Ordinary shares
Additional paid-in capital
Statutory surplus reserve
Retained earnings
Accumulated other comprehensive income (loss)
Total Paranovus Entertainment Technology Ltd. shareholders’ equity
Non- controlling interests
Total
Balance at Mar. 31, 2022 $ 33,502 $ 6,048 $ 53,871,226 $ 7,622,765 $ 12,285,281 $ 4,306,536 $ 78,125,358 $ (710,754) $ 77,414,604
Balance (in Shares) at Mar. 31, 2022 67,004,583 12,095,100              
Contribution from non-controlling shareholders 1,482,250 1,482,250
Net income (loss) (19,369,453) (19,369,453) (3,369,230) (22,738,683)
Foreign currency translation adjustments (4,686,793) (4,686,793) 80,764 (4,606,029)
Balance at Sep. 30, 2022 $ 33,502 $ 6,048 53,871,226 7,622,765 (7,084,172) (380,257) 54,069,112 (2,516,970) 51,552,142
Balance (in Shares) at Sep. 30, 2022 67,004,583 12,095,100              
Balance at Mar. 31, 2023 $ 77,177 $ 6,123 66,908,726 7,622,765 (59,453,593) (402,119) 14,759,079 (886,008) 13,873,071
Balance (in Shares) at Mar. 31, 2023 7,724,675 612,255              
Share cancellation $ (10,000) (1,990,000) (2,000,000) (2,000,000)
Share cancellation (in Shares) (1,000,000)                
Net income (loss) 8,195,770 8,195,770 8,195,770
Discontinued operations - disposal (7,622,765)   (7,622,765) (7,622,765)
Foreign currency translation adjustments (2,654,669) (2,654,669) 886,008 (1,768,661)
Balance at Sep. 30, 2023 $ 67,177 $ 6,123 $ 64,918,726 $ (51,257,823) $ (3,056,788) $ 10,677,415 $ 10,677,415
Balance (in Shares) at Sep. 30, 2023 6,724,675 612,255