RDGT
Price:
$0.7695
Market Cap:
$691.71K
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 forme...[Read more]
Industry
Medical - Distribution
IPO Date
2009-10-01
Stock Exchange
NASDAQ
Ticker
RDGT
According to Ridgetech, Inc.’s latest financial reports and current stock price. The company's current ROE is 41.78%. This represents a change of 434.42% compared to the average of 7.82% of the last 4 quarters.
The mean historical ROE of Ridgetech, Inc. over the last ten years is -29.74%. The current 41.78% ROE has changed -240.47% with respect to the historical average. Over the past ten years (40 quarters), RDGT's ROE was at its highest in in the March 2025 quarter at 42.08%. The ROE was at its lowest in in the March 2023 quarter at -114.04%.
Average
-29.74%
Median
-24.12%
Minimum
-117.34%
Maximum
34.40%
Discovering the peaks and valleys of Ridgetech, Inc. ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 785.40%
Maximum Annual ROE = 34.40%
Minimum Annual Increase = -1014.38%
Minimum Annual ROE = -117.34%
| Year | ROE | Change |
|---|---|---|
| 2025 | 34.40% | -227.06% |
| 2024 | -27.07% | -76.93% |
| 2023 | -117.34% | 785.40% |
| 2022 | -13.25% | -57.98% |
| 2021 | -31.54% | 11.72% |
| 2020 | -28.23% | 453.67% |
| 2019 | -5.10% | -94.36% |
| 2018 | -90.44% | 327.28% |
| 2017 | -21.17% | -1014.38% |
| 2016 | 2.31% | -53.53% |
The current ROE of Ridgetech, Inc. (RDGT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-36.67%
5-year avg
-30.96%
10-year avg
-29.74%
Ridgetech, Inc.’s ROE is greater than Tenon Medical, Inc. (-268.55%), less than Trinity Biotech plc (68.09%), greater than Advanced Biomed Inc. Common Stock (-20.71%), greater than Beyond Air, Inc. (-360.45%), greater than Aptorum Group Limited (-5.94%), greater than BioNexus Gene Lab Corp. (-37.43%), greater than Scienture Holdings, Inc. (-0.25%), greater than Cellectar Biosciences, Inc. (-264.79%), greater than Marker Therapeutics, Inc. (-73.29%), less than AEON Biopharma, Inc. (223.66%),
| Company | ROE | Market cap |
|---|---|---|
| -268.55% | $1.42M | |
| 68.09% | $266.91M | |
| -20.71% | $11.88M | |
| -360.45% | $3.97M | |
| -5.94% | $5.40M | |
| -37.43% | $2.74M | |
| -0.25% | $5.64M | |
| -264.79% | $7.92M | |
| -73.29% | $11.99M | |
| 223.66% | $2.87M |
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