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RDGT · NASDAQ · Medical - Distribution

Ridgetech (RDGT)

China-focused B2B pharmaceutical wholesale and online distributor.

$0.9350
Pre-market−0.02 (−1.91%)
At close$0.9532(+2.08%)
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Ridgetech Inc.RDGTHealth Care

Resells pharmaceuticals, healthcare products and everyday goods through Jiuxin Medicine's local wholesale operation and Allright's nationwide online platforms. The low-margin offline base supplies most sales, while the Cayman parent depends on PRC operating entities, regulated licenses and third-party digital channels.

Distributes third-party pharmaceuticals and healthcare products in China through Jiuxin Medicine's offline wholesale operation and Allright's online platform. Jiuxin supplies prescription and over-the-counter medicines, traditional Chinese medicine, supplements, medical devices and personal-care goods to vendors, trading companies and hospitals in local markets.

Allright sells pharmaceuticals, medical devices, health foods and daily necessities to pharmacies, small chains, clinics and other vendors across China through its own and third-party platforms. Its proprietary platform is designed to add medication guidance, sales-management and customer-health functions, though sales through it remained limited in the annual reporting period.

Combines a low-margin wholesale base with a digital B2B channel that extends distribution nationwide. All material operations and product sales are in China, where wholesale and online sales require licenses and permits and the Cayman parent relies on PRC entities for funds subject to distribution and foreign-exchange constraints.

Company facts

CEOMing Zhao
ListedJul 30, 2021
ExchangeNASDAQ
HeadquartersHangzhou, China
CountryChina
Employees61
CIK0001856084
ISINKYG2124G2037

Market cap$840.6K
EPS (ttm)−$1.41
P/E (ttm)−0.6635
ROE-3.5%
P/B0.0203
P/S0.0064
Dividend yieldDiv yield
Beta1.50vs XLV 0.55

No analyst consensus on record.

EPSReportedEstimate

Jul '26
Reported−$1.34
Estimate
Surprise

RevenueReportedEstimate

Jul '26
Reported$69.4M
Estimate
Surprise
Estimate
Reported−$1.34
Estimate
Reported$69.4M
View details

Debt to equity0.10%
Current ratio231.40%

ProfitabilityRevenueNet incomeNet margin

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Revenue$72.7M$76.1M$78.6M$76.0M$71.2M$48.8M$62.8M$69.4M
Net income−$594.8K−$20.5M−$924.0K−$3.3M−$2.3M$12.5M−$60.2K−$1.2M
Net margin0.0%0.0%0.0%0.0%0.0%25.6%0.0%0.0%

GrowthOperating income

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Operating income−$1.2M−$19.7M$256.0K−$3.8M−$2.2M$1.2M$74.3K−$1.8M
YoY growth−968.3%−250.9%

Balance sheet, Mar 31, 2026Cash & short-term investments $17.9M · Total debt $22.7K · Total assets $69.0M · Shareholders' equity $40.8M

Revenue
$69.4M
Operating income
−$1.8M
Net income
−$1.2M
View details

No dividends on record.

Insiders1 holder · as of Jul 20, 2026247.52%2.23M shares
Strategic holders1 holder · as of Jul 2, 202618.05%162.3K shares
Adds to265.57%

898.9K company shares as of Aug 21, 2026 · holders as of their latest filing

The share count has not been confirmed by a second filing; stakes use it as it stands.

These groups come from separate filings that can overlap, so they add to 265.57%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesEvidence
Lingtao Kong1Insiderdirector
247.52%2.23MForm 4filed Jul 20, 2026
HRT Financial LPStrategic10 percent owner
18.05%100,499 · 61,753Form 4filed Jul 2, 2026
  1. Reported at 3.20% on Jul 20, 2026, under the 5% line, so no further filing is required.

Form 4 — an insider's transaction report

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 16, 2026Lingtao Kongdirector+100,000
Jun 30, 2026HRT Financial LP10 percent owner+30,939$1.52
Jul 1, 2026HRT Financial LP10 percent owner+10,197$1.50
Jun 16, 2026HRT Financial LP10 percent owner−57,998$1.60
Jun 15, 2026HRT Financial LP10 percent owner−8,091$1.60
View details

Not reported.