Ridgetech Inc.

Ridgetech Inc.

RDGT
Ridgetech Inc.US flagNASDAQ Global Market
1.56
USD
-0.08
- -
406.00Market Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1,581.58
1,143.89
1,233.59
1,327.99
959
913.85
892.03
857.73
783.52
944.6
235.76
85.85
21.64
842.85
Basic EPS, GAAP
-253.31
-438.44
13.74
6.67
-66.42
-162.21
-7.68
-42.5
-47.79
-18.34
-41.46
-2.93
1.84
-51.41
Free Cash Flow per Basic Share
-48.03
-24.71
-32.01
34.82
13.51
-47.28
-107.09
-67.2
-3.92
-32.71
-7.05
-2.82
0.11
-4.22
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
302.35
-142.59
-118.53
-103.47
-147.98
-281.75
-253.45
-265.87
-264.25
-276.34
-135.32
-50.61
-11.17
-284.26
Tangible Book Value per Share
652.91
221.23
226.06
244.34
281.84
140.78
101
104.81
117.81
105.54
25.07
9.01
4.49
126.73
Basic Weighted Avg Shares
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
6
- -
Sales/Revenue/Turnover
89
66
77
89
81
96
108
117
133
164
120
124
120
133
Operating Margin (%)
-14.06
-29.07
2.22
-0.03
-4.88
-17.1
-0.81
-5.43
-6.47
-1.55
-10.95
0.48
-0.86
-6.47
Depreciation Expense
3
3
3
1
1
1
2
2
2
1
1
5
6
2
Net Income, GAAP
-14
-25
1
- -
-6
-17
-1
-6
-8
-3
-21
-4
10
-8
Effective Tax Rate (%)
- -
- -
6.29
17.79
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-16.02
-38.33
1.11
0.5
-6.93
-17.75
-0.86
-4.95
-6.1
-1.94
-17.59
-3.41
8.5
-6.1
Working Capital
15
-4
- -
5
16
8
1
4
7
1
-2
-5
25
7
LT Debt
- -
- -
- -
- -
- -
- -
- -
23
17
9
8
6
- -
17
Total Equity
38
14
17
19
27
19
17
19
24
23
17
14
30
24
Return on Invested Capital (%)
- -
- -
6.62
-0.06
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
20.16
6.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
-59.05
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'21
Dec'21
Mar'21
ST Debt
29
32
30
LT Borrowings
3
3
2
LT Finance Leases
17
18
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
- -
- -
Market Capitalization
5,107
5,743
6,369

Working Capital

FRC

in mil. unless spec.
Sep'21
Dec'21
Mar'21
Total Current Assets
68
63
72
Cash, Cash Equivalents & STI
22
12
22
Accounts Receivable, Net
10
12
13
Inventories
13
15
17
Total Current Liabilities
58
56
65
Payables & Accruals
28
23
34
ST Debt
29
32
30
Deferred Revenue
1
1
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.1%
17.91%
107.35%
Free Cash Flow
-14.76%
104.49%
-115.51%
Net Income, GAAP
-65.43%
24.09%
-340.76%
Sales/Revenue/Turnover
5.62%
2%
-3.24%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
124
2025
- -
- -
- -
- -
120
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
-2.93
2025
- -
- -
- -
- -
1.84
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Ming Zhao
Full Time Employees
939
Sector
Healthcare
Industry
Medical - Distribution
Address
Room 507-513, A Bldg Meidu Plaza Gongshu District Hangzhou People's Republic of China 310008
IPO Date
Sep 12, 2024
Business
Ridgetech Inc. (RDGT) operates as a retailer and wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. The company conducts its activities through three segments: Retail Drugstores, which sells prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines, personal and family care products, medical devices, and convenience items including consumables, seasonal and promotional products; Online Pharmacy, which offers similar products via third-party platforms such as Alibaba's Tmall, JD.com and Amazon.com; and Drug Wholesale, which engages in offline and online distribution of pharmaceuticals, health food, cosmetics and daily necessities. Incorporated in 2006 and headquartered at Building 5, 4th Floor, Hangzhou, Zhejiang Province, China, Ridgetech primarily serves retail customers and wholesale buyers in the domestic Chinese market. In February 2024, the company changed its name from China Jo-Jo Drugstores Inc. to Ridgetech Inc. as part of a strategic business restructuring that included the acquisition of Allright (Hangzhou) Internet Technology Co. Ltd., a pharmaceutical wholesaler, via an equity exchange involving the issuance of 2.225 million ordinary shares. Most recently, in November 2025, Ridgetech completed a private placement of 4.68 million ordinary shares and warrants to purchase 11.7 million additional shares, raising gross proceeds of $2.808 million from non-U.S. accredited investors to support its operations.

Company News

APIChat
  • Ridgetech, Inc. Announces 1-for-150 Reverse Share Split

  • Ridgetech Unveils 2026 Dual-Engine Growth Strategy to Drive Innovation and Value Creation

  • Ridgetech, Inc. Reports Fiscal Year 2025 Financial Results