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Consolidated Statements of Changes in Shareholders’ Equity - 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 Limited shareholders’ equity
Non- controlling interests
Total
Balance at Mar. 31, 2020 $ 12,500 $ 15,044,002 $ 2,064,096 $ 66,623,204 $ (4,153,813) $ 79,589,989 $ 79,589,989
Balance (in Shares) at Mar. 31, 2020 25,000,000              
Ordinary shares issued for cash $ 2,550 10,723,150 10,725,700 10,725,700
Ordinary shares issued for cash (in Shares) 5,100,000              
Ordinary shares issued for services $ 191 778,232 778,423 778,423
Ordinary shares issued for services (in Shares) 381,580              
Statutory reserves 5,558,669 (5,558,669)
Contribution from non-controlling shareholders 112,418 112,418
Net income (loss) 786,356 786,356 (94,400) 691,956
Dividend (375,000) (375,000) (375,000)
Foreign currency translation adjustments 3,240,192 3,240,192 2,873,378 6,113,570
Balance at Mar. 31, 2021 $ 15,241 26,545,384 7,622,765 61,475,891 (913,621) 94,745,660 2,891,396 97,637,056
Balance (in Shares) at Mar. 31, 2021 30,481,580              
Ordinary shares issued for cash $ 16,470 18,861,130 18,877,600 18,877,600
Ordinary shares issued for cash (in Shares) 32,940,000              
Business acquisition $ 7,100 7,379,220 7,386,320 3,924,220 11,310,540
Business acquisition (in Shares) 14,200,000              
Convention of Class A Ordinary shares into Class B Ordinary shares $ (6,048) $ 6,048
Convention of Class A Ordinary shares into Class B Ordinary shares (in Shares) (12,095,100) 12,095,100              
Ordinary shares issued for services $ 739 1,085,492 1,086,231 1,086,231
Ordinary shares issued for services (in Shares) 1,478,103              
Net income (loss) (49,190,610) (49,190,610) (4,829,471) (54,020,081)
Foreign currency translation adjustments 5,220,157 5,220,157 (2,696,899) 2,523,258
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              
Ordinary shares issued for cash $ 30,000 5,970,000 6,000,000 6,000,000
Ordinary shares issued for cash (in Shares) 3,000,000              
Business acquisition $ 13,750 7,067,500 7,081,250 7,081,250
Business acquisition (in Shares) 1,375,000              
Convention of Class A Ordinary shares into Class B Ordinary shares $ (75) $ 75
Convention of Class A Ordinary shares into Class B Ordinary shares (in Shares) (150,000) 150,000              
Share consolidation  
Share consolidation (in Shares) (63,504,908) (11,640,345)              
Net income (loss) (71,738,874) (71,738,874) (448,242) (72,187,116)
Foreign currency translation adjustments   (4,708,655) (4,708,655) 272,988 (4,435,667)
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 7,724,675 604,755