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Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates through three segments: Retail Drugstores, Online Pharmacy, and Drug Wholesale. The company engages in offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicines (TCM), personal and family care products, and medical devices, as well as convenience products comprising consumable, seasonal, and promotional items. It also distributes other healthcare products, such as health food, cosmetics, and daily necessities. The company was formerly known as China Jo-Jo Drugstores, Inc. and changed its name to Ridgetech, Inc. in February 2024. Ridgetech, Inc. is headquartered in Hangzhou, China. more
| Time Frame | RDGT | Sector | S&P500 |
|---|---|---|---|
| 1-Week Return | 1.32% | 1.7% | 2.13% |
| 1-Month Return | -43.54% | 10.25% | -0.47% |
| 3-Month Return | -59.95% | 14.33% | 1.29% |
| 6-Month Return | 21.43% | 6.98% | 7.71% |
| 1-Year Return | 14.18% | 9.75% | 14.7% |
| 3-Year Return | -98.92% | 19.78% | 67.75% |
| 5-Year Return | -99.53% | 34.57% | 76.25% |
| 10-Year Return | -99.63% | 76.55% | 271.83% |
| Mar '21 | Mar '22 | Mar '23 | Mar '24 | Mar '25 | 5YR TREND | |
|---|---|---|---|---|---|---|
| Total Revenue | 133.13M | 164.39M | 148.81M | 154.54M | 119.97M | [{"date":"2021-03-31","value":80.99,"profit":true},{"date":"2022-03-31","value":100,"profit":true},{"date":"2023-03-31","value":90.52,"profit":true},{"date":"2024-03-31","value":94.01,"profit":true},{"date":"2025-03-31","value":72.98,"profit":true}] |
| Cost of Revenue | 103.89M | 127.87M | 114.53M | 123.43M | 116.13M | [{"date":"2021-03-31","value":81.24,"profit":true},{"date":"2022-03-31","value":100,"profit":true},{"date":"2023-03-31","value":89.57,"profit":true},{"date":"2024-03-31","value":96.53,"profit":true},{"date":"2025-03-31","value":90.82,"profit":true}] |
| Gross Profit | 29.24M | 36.52M | 34.28M | 31.11M | 3.84M | [{"date":"2021-03-31","value":80.08,"profit":true},{"date":"2022-03-31","value":100,"profit":true},{"date":"2023-03-31","value":93.87,"profit":true},{"date":"2024-03-31","value":85.18,"profit":true},{"date":"2025-03-31","value":10.51,"profit":true}] |
| Gross Margin | 21.97% | 22.21% | 23.04% | 20.13% | 3.20% | [{"date":"2021-03-31","value":95.35,"profit":true},{"date":"2022-03-31","value":96.43,"profit":true},{"date":"2023-03-31","value":100,"profit":true},{"date":"2024-03-31","value":87.38,"profit":true},{"date":"2025-03-31","value":13.89,"profit":true}] |
| Operating Expenses | 38.08M | 39.21M | 55.21M | 34.64M | 4.87M | [{"date":"2021-03-31","value":68.98,"profit":true},{"date":"2022-03-31","value":71.03,"profit":true},{"date":"2023-03-31","value":100,"profit":true},{"date":"2024-03-31","value":62.75,"profit":true},{"date":"2025-03-31","value":8.83,"profit":true}] |
| Operating Income | (8.84M) | (2.69M) | (20.93M) | (3.53M) | (1.04M) | [{"date":"2021-03-31","value":-883724000,"profit":false},{"date":"2022-03-31","value":-269389000,"profit":false},{"date":"2023-03-31","value":-2092538300,"profit":false},{"date":"2024-03-31","value":-353456300,"profit":false},{"date":"2025-03-31","value":-103533900,"profit":false}] |
| Total Non-Operating Income/Expense | 745.99K | 734.95K | 999.20K | (133.78K) | 177.51K | [{"date":"2021-03-31","value":74.66,"profit":true},{"date":"2022-03-31","value":73.55,"profit":true},{"date":"2023-03-31","value":100,"profit":true},{"date":"2024-03-31","value":-13.39,"profit":false},{"date":"2025-03-31","value":17.77,"profit":true}] |
| Pre-Tax Income | (8.34M) | (2.10M) | (20.74M) | (4.17M) | (950.66K) | [{"date":"2021-03-31","value":-834394000,"profit":false},{"date":"2022-03-31","value":-209864000,"profit":false},{"date":"2023-03-31","value":-2074423600,"profit":false},{"date":"2024-03-31","value":-417138000,"profit":false},{"date":"2025-03-31","value":-95066000,"profit":false}] |
| Income Taxes | 31.64K | 1.10M | 394.54K | 62.86K | 503.52K | [{"date":"2021-03-31","value":2.88,"profit":true},{"date":"2022-03-31","value":100,"profit":true},{"date":"2023-03-31","value":35.88,"profit":true},{"date":"2024-03-31","value":5.72,"profit":true},{"date":"2025-03-31","value":45.79,"profit":true}] |
| Income After Taxes | (8.38M) | (3.20M) | (21.14M) | (4.23M) | (1.45M) | [{"date":"2021-03-31","value":-837557800,"profit":false},{"date":"2022-03-31","value":-319836600,"profit":false},{"date":"2023-03-31","value":-2113877700,"profit":false},{"date":"2024-03-31","value":-423424200,"profit":false},{"date":"2025-03-31","value":-145418400,"profit":false}] |
| Income From Continuous Operations | (8.38M) | (3.20M) | (21.14M) | (4.23M) | (1.45M) | [{"date":"2021-03-31","value":-837557800,"profit":false},{"date":"2022-03-31","value":-319836600,"profit":false},{"date":"2023-03-31","value":-2113877700,"profit":false},{"date":"2024-03-31","value":-423424200,"profit":false},{"date":"2025-03-31","value":-145418400,"profit":false}] |
| Income From Discontinued Operations | - | - | - | - | - | [{"date":"2021-03-31","value":"-","profit":true},{"date":"2022-03-31","value":"-","profit":true},{"date":"2023-03-31","value":"-","profit":true},{"date":"2024-03-31","value":"-","profit":true},{"date":"2025-03-31","value":"-","profit":true}] |
| Net Income | (8.12M) | (3.19M) | (21.14M) | (4.23M) | 10.19M | [{"date":"2021-03-31","value":-79.65,"profit":false},{"date":"2022-03-31","value":-31.31,"profit":false},{"date":"2023-03-31","value":-207.35,"profit":false},{"date":"2024-03-31","value":-41.53,"profit":false},{"date":"2025-03-31","value":100,"profit":true}] |
| EPS (Diluted) | (54.48) | (0.85) | (0.13) | - | - | [{"date":"2021-03-31","value":-5448.33,"profit":false},{"date":"2022-03-31","value":-85,"profit":false},{"date":"2023-03-31","value":-13,"profit":false},{"date":"2024-03-31","value":"-","profit":true},{"date":"2025-03-31","value":"-","profit":true}] |
These ratios help you determine the liquidity of the company. Higher is better.
| RDGT | |
|---|---|
| Cash Ratio | 0.37 |
| Current Ratio | 1.74 |
| Quick Ratio | 1.45 |
These ratios help you understand the company's efficiency in using its assets to generate returns. Higher is better. For ROE, average long term is around 14%, less than 10% is poor.
| RDGT | |
|---|---|
| ROA (LTM) | -0.81% |
| ROE (LTM) | -6.62% |
These ratios help you understand the company's liabilities, gauging the riskiness of the investment.
| RDGT | |
|---|---|
| Debt Ratio Lower is generally better. Negative is bad. | 0.54 |
| Common Equity/Total Assets Higher is better. Lower can suggest investment is riskier. | 0.46 |
These ratios help you understand the company's valuation. Lower may indicate cheaper stocks.
| RDGT | |
|---|---|
| Trailing PE | NM |
| Forward PE | NM |
| P/S (TTM) | 0.27 |
| P/B | 1.10 |
| EV/R | 0.25 |
| EV/Ebitda | 6.05 |
Ridgetech, Inc. (RDGT) share price today is $1.69
Yes, Indians can buy shares of Ridgetech, Inc. (RDGT) on Vested. To buy
Yes, you can purchase fractional shares of Ridgetech, Inc. (RDGT) via the Vested app. You can start investing in Ridgetech, Inc. (RDGT) with a minimum investment of $1.
You can invest in shares of Ridgetech, Inc. (RDGT) via Vested in three simple steps:
The 52-week high price of Ridgetech, Inc. (RDGT) is $5.07. The 52-week low price of Ridgetech, Inc. (RDGT) is $0.72.
The price-to-earnings (P/E) ratio of Ridgetech, Inc. (RDGT) is
The price-to-book (P/B) ratio of Ridgetech, Inc. (RDGT) is 1.10
The dividend yield of Ridgetech, Inc. (RDGT) is 0.00%
The market capitalization of Ridgetech, Inc. (RDGT) is $32.53M
The stock symbol (or ticker) of Ridgetech, Inc. is RDGT
Consider the share price of Ridgetech, Inc. as a long-term story and not a daily point list. The price represents a movement of the stock in both good and bad times when looked at over many years. This assists the investors to know whether Ridgetech, Inc. has succeeded to expand steadily and overcome market declines. With this price movement observed and the way the business is progressing, it is easier to make a decision whether the stock is worth having in the long term or not.
When investing in Ridgetech, Inc. shares, you are not based in India then your investment is not just based on the stock price. It is also determined by the currency movement of the dollar in relation to the rupee. When you have an appreciation of the Ridgetech, Inc. stock and the dollar appreciation is also the same, you gain more in terms of rupees. When the rupee appreciated, it will lower your profits. This currency flow is a silent cause of great contribution to your ultimate returns over many years.
Rather than merely checking the share price of Ridgetech, Inc. and comparing it with that of other stocks in the same sector, one can check how robust the business is. Investors tend to compare such aspects as profits, cash generation, and the stability of the revenues of the company. This means that Ridgetech, Inc. stock in most cases does not react in the same manner as other companies in the sector due to its brand and services revenue.
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