RDGT Chart
About

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.

Fundamentals
Scroll to Statements
Sector Healthcare Industry Pharmaceutical Retailers Market Cap 28.34M
Enterprise Value 6.68M Income -1.46M Sales 119.97M
Book/sh 5.06 Cash/sh 2.18 Dividend Yield —
Payout 0.00% Employees 61 IPO —
P/E — Forward P/E — PEG —
P/S 0.24 P/B 0.31 P/C —
EV/EBITDA 65.59 EV/Sales 0.06 Quick Ratio 1.25
Current Ratio 1.74 Debt/Eq 35.05 LT Debt/Eq —
EPS (ttm) -0.26 EPS next Y — EPS Growth —
Revenue Growth — Earnings 2011-02-15 02:00 ROA -0.81%
ROE -6.62% ROIC — Gross Margin 3.20%
Oper. Margin -0.86% Profit Margin 8.50% Shs Outstand 18.29M
Shs Float 5.14M Short Float 0.08% Short Ratio 1.64
Short Interest — 52W High 5.07 52W Low 0.72
Beta -0.31 Avg Volume 11.46K Volume 94.00
Target Price — Recom None Prev Close $1.58
Price $1.55 Change -1.90%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
—
Mean price target
2. Current target
$1.55
Latest analyst target
3. DCF / Fair value
$-18.30
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$1.55
Low
—
High
—
Mean
—
Insider Transactions

No recent insider transactions.

Financials
Line Item2025-03-312024-03-312023-03-312022-03-31
TaxEffectOfUnusualItems0.00-80.38K-600.59K-37.20K
TaxRateForCalcs0.250.050.250.25
NormalizedEBITDA4.98M7.59M-10.04M-431.14K
TotalUnusualItems-1.61M-2.40M-148.79K-164.42K
TotalUnusualItemsExcludingGoodwill-1.61M-2.40M-148.79K-164.42K
NetIncomeFromContinuingOperationNetMinorityInterest-1.46M-785.69K-15.84M-3.19M
ReconciledDepreciation6.02M5.38M718.00K1.26M
ReconciledCostOfRevenue116.13M119.12M116.60M127.87M
EBITDA4.98M5.98M-12.44M-579.93K
EBIT-1.04M596.08K-13.16M-1.84M
NetInterestIncome92.83K197.76K31.58K139.70K
InterestExpense13.60K65.85K262.22K455.19K
InterestIncome92.83K197.76K31.58K401.92K
NormalizedIncome-1.46M741.47K-14.03M-3.08M
NetIncomeFromContinuingAndDiscontinuedOperation10.19M-4.23M-21.14M-3.19M
TotalExpenses121.01M123.40M133.36M166.94M
TotalOperatingIncomeAsReported-1.04M596.08K-13.16M-2.69M
DilutedAverageShares5.54M1.44M509.83K174.03K
BasicAverageShares5.54M1.44M509.83K174.03K
DilutedEPS1.84-2.93-41.40-18.39
BasicEPS1.84-2.93-41.40-18.39
DilutedNIAvailtoComStockholders10.19M-4.23M-21.14M-3.19M
NetIncomeCommonStockholders10.19M-4.23M-21.14M-3.19M
NetIncome10.19M-4.23M-21.14M-3.19M
MinorityInterests-5.38K14.00252.006.25K
NetIncomeIncludingNoncontrollingInterests10.20M-4.23M-21.14M-3.20M
NetIncomeDiscontinuousOperations11.65M-3.45M-5.30M
NetIncomeContinuousOperations-1.45M-785.71K-15.84M-3.20M
TaxProvision503.52K-41.36K394.54K1.10M
PretaxIncome-950.66K-827.07K-15.44M-2.10M
OtherIncomeExpense-8.15K-1.62M-2.31M306.75K
OtherNonOperatingIncomeExpenses-8.15K-13.38K92.36K455.55K
SpecialIncomeCharges0.000.00-148.79K-228.51K
WriteOff0.00148.79K228.51K
ImpairmentOfCapitalAssets0.000.00148.79K228.51K
GainOnSaleOfSecurity-1.61M-2.40M64.09K
NetNonOperatingInterestIncomeExpense92.83K197.76K31.58K139.70K
InterestExpenseNonOperating13.60K65.85K262.22K455.19K
InterestIncomeNonOperating92.83K197.76K31.58K401.92K
OperatingIncome-1.04M596.08K-13.16M-2.55M
OperatingExpense4.87M4.28M16.76M39.06M
SellingGeneralAndAdministration4.87M4.28M16.76M39.06M
SellingAndMarketingExpense1.53M934.22K1.27M30.88M
GeneralAndAdministrativeExpense3.34M3.35M15.50M8.19M
OtherGandA3.34M3.35M5.14M8.19M
SalariesAndWages0.000.0010.36M0.00
GrossProfit3.84M4.88M3.60M36.52M
CostOfRevenue116.13M119.12M116.60M127.87M
TotalRevenue119.97M123.99M120.20M164.39M
OperatingRevenue119.97M123.99M120.20M164.39M
Line Item2023-03-31
TreasurySharesNumber0.00
OrdinarySharesNumber5.86M1.74M1.18M173.97K
ShareIssued5.86M1.74M1.18M173.97K
NetDebt4.30M10.45M17.69M8.83M
TotalDebt10.39M6.59M42.16M48.67M
TangibleBookValue24.87M14.36M14.13M19.71M
InvestedCapital40.02M22.23M47.27M60.23M
WorkingCapital25.35M-4.68M-2.05M908.85K
NetTangibleAssets24.87M14.36M14.13M19.71M
CapitalLeaseObligations11.27M12.90M12.53M15.91M
CommonStockEquity29.64M15.64M18.01M24.09M
TotalCapitalization29.64M15.64M18.01M24.09M
TotalEquityGrossMinorityInterest29.64M14.29M16.67M22.74M
MinorityInterest0.00-1.35M-1.35M-1.35M
StockholdersEquity29.64M15.64M18.01M24.09M
GainsLossesNotAffectingRetainedEarnings-199.20K2.31M3.04M5.66M
OtherEquityAdjustments-199.20K2.31M3.04M5.66M
RetainedEarnings-63.31M-73.51M-69.27M-48.13M
AdditionalPaidInCapital91.74M86.41M83.96M66.52M
CapitalStock1.41M418.41K284.37K41.75K
CommonStock1.41M418.41K284.37K41.75K
PreferredStock0.000.000.000.00
TotalLiabilitiesNetMinorityInterest34.85M80.76M74.30M83.65M
TotalNonCurrentLiabilitiesNetMinorityInterest492.12K6.40M7.77M9.20M
LiabilitiesHeldforSaleNonCurrent0.006.40M
DerivativeProductLiabilities0.000.00
NonCurrentDeferredLiabilities492.12K0.00
NonCurrentDeferredTaxesLiabilities492.12K0.00
LongTermDebtAndCapitalLeaseObligation6.40M7.77M9.20M17.01M
LongTermCapitalLeaseObligation6.40M7.77M9.20M15.12M
LongTermDebt1.89M
CurrentLiabilities34.36M74.36M66.54M74.45M
OtherCurrentLiabilities35.68M
CurrentDeferredLiabilities264.07K174.14K695.93K1.87M
CurrentDeferredRevenue264.07K174.14K695.93K1.87M
CurrentDebtAndCapitalLeaseObligation10.39M6.59M34.39M39.48M
CurrentCapitalLeaseObligation4.86M5.13M3.33M788.17K
CurrentDebt10.39M6.59M29.26M36.15M
OtherCurrentBorrowings277.00K1.96M3.32M
LineOfCredit0.00762.27K
CurrentNotesPayable10.39M6.59M29.26M34.19M
PayablesAndAccruedExpenses23.71M31.91M31.45M33.10M
CurrentAccruedExpenses196.21K197.20K756.52K556.04K
Payables23.51M31.72M30.70M32.54M
OtherPayable2.32M592.88K1.31M2.27M
DuetoRelatedPartiesCurrent2.13K2.14K683.56K1.56M
TotalTaxPayable1.52M543.08K1.71M1.38M
AccountsPayable19.67M30.58M26.99M27.33M
TotalAssets64.48M95.06M90.97M106.38M
TotalNonCurrentAssets4.78M25.37M26.49M31.03M
OtherNonCurrentAssets24.09M765.24K722.28K835.43K
NonCurrentPrepaidAssets1.12M1.04M1.76M1.55M
InvestmentsAndAdvances1.20M1.77M4.51M3.98M
GoodwillAndOtherIntangibleAssets4.77M1.28M3.89M4.37M
OtherIntangibleAssets3.30M1.28M3.89M4.37M
Goodwill1.46M0.00
NetPPE8.93K8.38K19.03M19.66M
AccumulatedDepreciation-82.66K-63.80K-12.02M-19.37M
GrossPPE91.59K72.18K31.04M39.03M
Leases3.50M3.13M10.14M9.60M
OtherProperties13.74M16.78M
MachineryFurnitureEquipment91.59K72.18K6.17M6.68M
BuildingsAndImprovements19.44M20.00M20.32M6.36M
LandAndImprovements1.66M1.74M1.89M1.82M
Properties0.000.000.000.00
CurrentAssets59.71M69.68M64.48M75.36M
OtherCurrentAssets745.48K56.37K85.40K77.11K
AssetsHeldForSaleCurrent0.0049.88M
RestrictedCash5.76M1.99M12.76M16.88M
PrepaidAssets433.14K182.07K673.03K1.42M
Inventory9.76M9.08M15.31M16.02M
FinishedGoods9.76M9.08M15.31M16.02M
Receivables30.23M6.25M16.84M22.50M
OtherReceivables2.42M218.76K2.73M5.76M
DuefromRelatedPartiesCurrent0.0019.74K0.00
NotesReceivable29.11K0.0020.81K0.00
AccountsReceivable27.78M6.01M14.10M16.74M
AllowanceForDoubtfulAccountsReceivable-110.29K-164.28K-2.31M-2.48M
GrossAccountsReceivable27.89M6.18M16.41M19.22M
CashCashEquivalentsAndShortTermInvestments12.78M2.30M18.81M18.46M
OtherShortTermInvestments94.65K91.47K
CashAndCashEquivalents12.78M2.30M18.81M18.46M
Line Item2025-03-312024-03-312023-03-312022-03-31
FreeCashFlow632.50K-4.08M-3.60M-5.69M
RepaymentOfDebt-56.64M-53.83M-62.09M-61.22M
IssuanceOfDebt51.69M57.99M57.97M65.37M
IssuanceOfCapitalStock7.63M2.59M7.33M0.00
CapitalExpenditure-615.27K-923.64K-311.72K-306.14K
InterestPaidSupplementalData6.29K13.60K64.94K262.22K
IncomeTaxPaidSupplementalData137.46K149.02K63.67K3.96K
EndCashPosition18.54M32.87M31.57M35.34M
BeginningCashPosition32.87M31.57M35.34M34.67M
EffectOfExchangeRateChanges1.05M-1.51M-2.54M1.52M
ChangesInCash-15.38M2.81M-1.23M-855.21K
FinancingCashFlow1.51M8.00M2.37M4.84M
CashFlowFromContinuingFinancingActivities1.51M8.00M2.37M4.84M
NetOtherFinancingCharges-1.17M1.26M-838.70K689.01K
ProceedsFromStockOptionExercised0.000.0077.50K
NetCommonStockIssuance7.63M2.59M7.33M0.00
CommonStockIssuance7.63M2.59M7.33M0.00
NetIssuancePaymentsOfDebt-4.95M4.16M-4.12M4.15M
NetShortTermDebtIssuance-4.95M4.16M-2.31M6.76M
ShortTermDebtPayments-56.64M-53.83M-60.27M-58.61M
ShortTermDebtIssuance51.69M57.99M57.97M65.37M
NetLongTermDebtIssuance0.000.00-1.81M-2.61M
LongTermDebtPayments0.000.00-1.81M-2.61M
LongTermDebtIssuance0.000.000.00
InvestingCashFlow-18.14M-2.04M-316.10K-306.14K
CashFlowFromContinuingInvestingActivities-18.14M-2.04M-316.10K-306.14K
NetInvestmentPurchaseAndSale0.000.0075.97K
SaleOfInvestment0.000.0075.97K
PurchaseOfInvestment0.000.00
NetBusinessPurchaseAndSale-17.52M-1.12M-4.38K0.00
SaleOfBusiness4.83M0.000.00
PurchaseOfBusiness-22.35M-1.12M-4.38K0.00
NetIntangiblesPurchaseAndSale0.00-66.97K-12.77K-7.01K
PurchaseOfIntangibles0.00-66.97K-12.77K-7.01K
NetPPEPurchaseAndSale-615.27K-856.66K-298.94K-299.13K
PurchaseOfPPE-615.27K-856.66K-298.94K-299.13K
OperatingCashFlow1.25M-3.16M-3.28M-5.39M
CashFlowFromContinuingOperatingActivities1.25M-3.16M-3.28M-5.39M
ChangeInWorkingCapital733.60K-5.77M-3.21M-4.53M
ChangeInOtherWorkingCapital-162.94K-144.76K-1.04M678.60K
ChangeInOtherCurrentLiabilities-4.64M-6.19M0.000.00
ChangeInOtherCurrentAssets-1.72M-43.95K890.60K279.02K
ChangeInPayablesAndAccruedExpense8.94M5.92M771.71K-2.30M
ChangeInPayable8.94M5.92M771.71K-2.30M
ChangeInAccountPayable-21.13M6.00M1.77M-3.56M
ChangeInTaxPayable1.31M-948.28K433.05K1.16M
ChangeInIncomeTaxPayable1.31M-948.28K433.05K1.16M
ChangeInPrepaidAssets-341.70K-839.22K201.98K-171.78K
ChangeInInventory405.82K-1.70M-522.55K1.52M
ChangeInReceivables-1.75M-2.78M-3.51M-4.54M
ChangesInAccountReceivables10.04M-1.80M-2.53M-2.66M
OtherNonCashItems1.00
StockBasedCompensation0.000.0010.36M0.00
AssetImpairmentCharge85.64K-249.26K7.58M1.09M
DeferredTax-29.82K
DeferredIncomeTax-29.82K
DepreciationAmortizationDepletion6.02M5.38M718.00K1.26M
DepreciationAndAmortization6.02M5.38M718.00K1.26M
Depreciation6.02M5.38M718.00K1.26M
OperatingGainsLosses-15.76M1.71M2.40M-64.09K
GainLossOnInvestmentSecurities1.61M2.40M-64.09K
GainLossOnSaleOfPPE0.00107.25K0.000.00
GainLossOnSaleOfBusiness-15.76M0.000.00
NetIncomeFromContinuingOperations10.20M-4.23M-21.14M-3.20M
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for RDGT
Date User Asset Broker Type Position Size Entry Price Patterns