Ridgetech, Inc.

Ridgetech, Inc. - ROEverified

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

The ROE as of July 2026 (TTM) for Ridgetech, Inc. (RDGT) is 41.78%

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.

Ridgetech, Inc. (RDGT) Historical ROE (quarterly & annually)

How has RDGT ROE performed in the past?

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%.

Quarterly (TTM)
Annual

Average

-29.74%

Median

-24.12%

Minimum

-117.34%

Maximum

34.40%

Ridgetech, Inc. (RDGT) ROE by Quarter and Year

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%

Quarterly (TTM)
Annual
YearROEChange
202534.40%-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%
20162.31%-53.53%

Ridgetech, Inc. (RDGT) Average ROE

How has RDGT ROE performed in the past?

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. (RDGT) ROE vs. Peers

How is RDGT’s ROE compared to its peers?

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%),

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