Ridgetech Inc. RDGT
Ridgetech Inc. (RDGT) earns a Piotroski F-score of 6/9 (mixed financial health), with an Altman Z″ in the distress zone. It does not currently pay a dividend. FY2025 revenue was $132.2M at a -0.9% net margin.
Quality score trend · recomputed for each fiscal year
Each year's score is computed from that year's filing — a rising Piotroski F or Altman Z″ means improving financial health, a fall is worth a look.
Beneish M-score: -2.35 — low (below −2.22 — no manipulation red flag) . A statistical screen for earnings manipulation, not proof — and it doesn't apply to most banks/insurers.
How it ranks in Retail Trade · percentile among 238 companies
Percentile vs other Retail Trade companies we cover — e.g. “stronger than 90%” means only 10% score higher on that measure.
Piotroski F breakdown · 6/9 tests passed
- Positive return on assets
- Positive operating cash flow
- Rising ROA
- Cash flow exceeds net income
- Lower long-term debt
- Rising current ratio
- No share dilution
- Rising gross margin
- Rising asset turnover
Altman Z″ components · distress zone
| Component | Value |
|---|---|
| Working capital / assets | 0.393 |
| Retained earnings / assets | -0.982 |
| EBIT / assets | -0.016 |
| Equity / liabilities | 0.85 |
Sector peers · similar-size Retail Trade companies compare side by side →
| Ticker | Company | Piotroski F | Altman Z″ | P / E | Revenue growth |
|---|---|---|---|---|---|
| RDGT | Ridgetech Inc. | 6/9 | 0.16 | — | +10.2% |
| PETS | PETMED EXPRESS INC | 2/9 | -4.59 | — | -21.1% |
| CANN | TREES Corp (Colorado) | 3/9 | -16.65 | — | +34.9% |
| GRDN | Guardian Pharmacy Services, Inc. | 6/9 | 3.85 | 54.4 | +17.9% |
| YI | 111, Inc. | 2/9 | -5.73 | — | -9% |
| CVS | CVS HEALTH Corp | 5/9 | 0.99 | 75.3 | +7.8% |
| WMT | Walmart Inc. | 6/9 | 2.01 | 44 | +4.7% |
About Ridgetech Inc.
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.
FAQ
Is RDGT financially healthy?
Ridgetech Inc.'s Piotroski F-score is 6/9 (8–9 is excellent, 0–3 weak), and its Altman Z″ distress score is in the distress zone.
Does RDGT pay a dividend?
No, Ridgetech Inc. does not currently pay a dividend.
How profitable is RDGT?
In FY2025, Ridgetech Inc. had a net margin of -0.9% and a return on equity of -3.1%.
Is RDGT a good stock to buy?
Stocktoria doesn't give buy or sell advice, but here is the data on Ridgetech Inc.: a Piotroski F-score of 6/9, an Altman Z″ in the distress zone. Weigh these quality and valuation signals against your own goals.
Computed from company filings · US · as of 2025-03-31. Facts plus Stocktoria's own computed scores — not investment advice.