YOLFTbeta
Ridgetech, Inc.

Ridgetech, Inc.

RDGT · NASDAQ · Healthcare / Pharmaceutical Retailers

1.06USD-0.05 (-4.50%)

Price History

Full chart

Market Stats

Previous Close1.11
Open1.10
Day Range1.02 – 1.11
52-Week Range0.67 – 760.50
Volume30.20K
Market Cap2.93M
P/E (TTM)0.00
Forward P/E1.11
EPS-16.71
Dividend Yield0.00%
Beta-0.09
50-Day Avg0.9308
200-Day Avg125.79

About

Ridgetech, Inc. operates as a wholesale distributor of pharmaceutical and other healthcare products in the People's Republic of China. It operates in two segments, Offline Wholesale and Online Platform. The company engages in the offline and online wholesale distribution of pharmaceutical products, including prescription and over-the-counter drugs, nutritional supplements, traditional Chinese medicine, 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.

Company Details

  • SectorHealthcare
  • IndustryPharmaceutical Retailers
  • CEOMr. Ming Zhao
  • Employees64
  • HeadquartersBuilding 6, Hangzhou, China, 310008, USA
  • Websitehttps://www.ridgetch.com

Leadership

  • Mr. Ming ZhaoInterim CEO & CFO · b. 1976
  • Steve LiuInvestor Relations Director
  • Mr. Yan LiuSecretary · b. 1990

Financials

Income Statement

Currency: USD2007-03-312008-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Revenue--55.17M69.97M94.35M89.50M66.15M76.90M89.07M81.50M96.11M107.55M117.33M133.13M164.39M148.81M154.54M119.97M132.16M
Growth (%)---+26.81%+34.85%-5.15%-26.08%+16.24%+15.83%-8.50%+17.93%+11.90%+9.09%+13.47%+23.48%-9.48%+3.85%-22.37%+10.16%
Cost of Revenue--38.28M48.83M66.79M74.86M60.43M64.46M71.55M64.87M75.99M82.44M91.80M103.89M127.87M114.53M123.43M116.13M127.41M
Gross Profit--16.90M21.14M27.56M14.63M5.73M12.44M17.51M16.63M20.13M25.11M25.53M29.24M36.52M34.28M31.11M3.84M4.75M
Gross Margin--30.63%30.22%29.21%16.35%8.66%16.18%19.66%20.40%20.94%23.35%21.76%21.97%22.21%23.04%20.13%3.20%3.60%
Operating Expense--4.14M32.72M17.08M27.22M24.96M10.73M17.54M22.73M38.15M25.98M32.53M38.08M39.21M55.21M34.64M4.87M6.62M
Operating Income-3.74K-28.75K12.76M-11.58M10.48M-12.58M-19.23M1.71M-24.77K-6.10M-18.02M-876.13K-7.00M-8.84M-2.69M-20.93M-3.53M-1.04M-1.87M
Operating Margin--23.12%-16.55%11.11%-14.06%-29.07%2.22%-0.03%-7.48%-18.75%-0.81%-5.97%-6.64%-1.64%-14.06%-2.29%-0.86%-1.41%
EBITDA-3.74K-28.75K13.16M12.39M12.82M-9.82M-16.00M4.53M2.16M-4.24M-15.05M493.41K-3.66M-6.14M-579.93K-19.96M1.23M4.98M-1.50M
EBITDA Margin--23.86%17.71%13.59%-10.97%-24.18%5.89%2.42%-5.20%-15.66%0.46%-3.12%-4.61%-0.35%-13.41%0.79%4.15%-1.14%
Net Income-3.74K-28.75K9.82M8.43M8.14M-14.33M-25.36M856.56K447.16K-5.64M-17.06M-926.28K-5.81M-8.12M-3.19M-21.14M-4.23M10.19M-1.25M
Net Income Margin--17.80%12.05%8.63%-16.02%-38.33%1.11%0.50%-6.93%-17.75%-0.86%-4.95%-6.10%-1.94%-14.20%-2.74%8.50%-0.95%
Interest Expense--65.01K23.87K----155.58K1.35K--698.52K455.19K262.22K65.85K13.60K067.07K
Interest Expense % of Total Revenue--0.12%0.03%----0.17%0.00%--0.60%0.34%0.16%0.04%0.01%0.00%0.05%

Balance Sheet

Currency: USD2007-03-312008-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Total Assets30.35K1.61K24.02M53.93M74.96M67.84M45.91M59.51M62.07M67.17M73.81M72.73M99.52M106.31M106.38M90.97M95.06M64.48M69.03M
Total Liabilities--7.33M11.87M22.61M29.69M31.54M42.28M42.76M40.51M54.95M55.76M80.74M81.91M83.65M74.30M80.76M34.85M28.25M
Total Equity30.35K1.61K16.69M42.06M52.35M38.15M14.32M17.19M19.32M26.66M18.86M18.17M20.59M25.74M24.09M18.01M15.64M29.64M40.78M
Cash30.35K1.61K801.59K6.49M3.83M4.52M4.45M4.02M6.67M18.36M15.13M9.32M16.18M22.05M18.46M18.81M20.15M12.78M17.91M
Total Debt--2.34M2.70M4.21M7.19M8.28M15.79M17.63M12.69M19.18M25.95M54.45M46.78M48.67M42.16M43.22M10.39M22.67K
Net Debt-30.35K-1.61K1.54M-3.79M375.71K2.66M3.83M11.76M10.95M-5.67M4.05M16.63M38.27M24.74M30.22M23.35M23.07M-2.39M-17.89M

Cash Flow

Currency: USD2007-03-312008-03-312010-03-312011-03-312012-03-312013-03-312014-03-312015-03-312016-03-312017-03-312018-03-312019-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Operating Cash Flow-3.74K-28.75K807.31K-5.18M19.97M-313.34K684.12K1.06M2.59M1.56M-2.07M-5.60M-6.91M-62.29K-5.39M-3.28M-3.16M1.25M-1.39M
Investing Cash Flow---602.23K-5.25M-14.86M-2.40M-2.11M-4.37M429.81K-46.55K-2.98M-7.33M-4.84M-2.00M-306.14K-316.10K-2.04M-18.14M-449
Financing Cash Flow34.09K--400.50K15.77M-7.93M3.37M1.21M2.87M-401.89K10.64M4.89M8.08M19.01M3.08M4.84M2.37M8.00M1.51M-29.71K
Capital Expenditure0074.52K4.64M11.55M2.40M2.11M3.06M250.32K411.20K2.90M7.31M2.28M604.18K306.14K311.72K923.64K615.27K445
Free Cash Flow-3.74K-28.75K732.79K-9.83M8.41M-2.72M-1.43M-2.00M2.34M1.15M-4.97M-12.91M-9.19M-666.47K-5.69M-3.60M-4.08M632.50K-1.39M
FCF to OCF100.00%100.00%90.77%189.57%42.13%867.33%-208.87%-187.64%90.32%73.63%240.19%230.44%133.06%1069.91%105.68%109.49%129.27%50.69%100.03%

Earnings

Report DateJun 30, 2009Sep 30, 2009Mar 3, 2010Jun 2, 2010Aug 16, 2010Nov 15, 2010Feb 15, 2011Aug 15, 2011Nov 30, 2011Feb 14, 2012Aug 14, 2012Nov 14, 2012Feb 15, 2013Aug 16, 2013Nov 15, 2013Feb 20, 2014Aug 18, 2014Nov 17, 2014Feb 16, 2015Aug 17, 2015Nov 17, 2015Feb 9, 2016Jun 28, 2016Aug 9, 2016Nov 9, 2016Feb 14, 2017Aug 14, 2017Nov 14, 2017Feb 14, 2018Jun 28, 2018Aug 13, 2018Nov 14, 2018Feb 14, 2019Aug 14, 2019Nov 14, 2019Feb 14, 2020Jul 10, 2020Nov 13, 2020Feb 12, 2021Jun 29, 2021Aug 16, 2021Nov 18, 2021Feb 11, 2022Jun 28, 2022Aug 12, 2022Nov 11, 2022Feb 13, 2023May 31, 2023Aug 11, 2023Nov 10, 2023Feb 12, 2024May 29, 2024Jan 15, 2025Oct 30, 2026
EPS Estimate----5399.986119.976659.97---------------------------------0.000.000.000.000.000.000.000.000.000.000.000.000.00-
EPS Actual7920.007479.209526.8754000.006119.974319.986119.978626.674341.404179.521416.01-4049.30-9239.78-2083.22-1444.50-22527.99-138.95-86.97292.08249.26328.08-1293.941629.75258.34181.84-1507.06-2026.40-1668.61-2321.26-15981.71-803.50-1993.92-2087.87-2368.27-1338.89581.24-0.09-0.04-0.15-0.800.00-0.010.00-0.840.00-0.130.000.000.000.000.000.00-0.42-
Surprise----13.33%-29.41%-8.11%-----------------------------------------------
Timing----Pre-marketPre-marketPre-market-----------------------------------------------

Key Statistics & Ratios

Market Cap2.93M
Enterprise Value-14.52M
Trailing P/E0.00
Forward P/E1.11
Price / Sales0.01
Price / Book0.08
EPS-16.71
Book Value45.96
Revenue (TTM)132.16M
Gross Profit (TTM)4.75M
EBITDA-1.50M
Profit Margin-0.95%
Operating Margin-2.58%
Return on Equity-3.55%
Return on Assets-1.75%
Shares Outstanding3.63M
Shares Float3.61M
Beta-0.09
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
3.79%
Insiders
0.41%
Retail / Other
95.80%

Top Institutional Holders

  • Hillhouse Capital Advisors, Ltd.
    1360.11%
  • HARBOUR INVESTMENTS, INC.
    10.00%

Stock Splits

  • Apr 8, 20261:150
  • Mar 1, 20241:20
  • Apr 7, 20221:12
  • Apr 14, 20101:2