Ridgetech

Ridgetech ROA

The Return on Assets (ROA) of Ridgetech (RDGT) as of Nov 12, 2026 is -1.81 %. In the previous year, Return on Assets (ROA) was 15.81 % — a change of -111.46% (lower).

ROA

-1.81 %

YoY

-111.46%

Last updated:

In 2026, Ridgetech's return on assets (ROA) was -1.81 %, a -111.46% increase from the 15.81 % ROA in the previous year.

The Ridgetech ROA history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROA
Date
ROA
Jan 1, 2019
-1.27 USD
Jan 1, 2020
-5.84 USD
Jan 1, 2021
-7.64 USD
Jan 1, 2022
-3.00 USD
Jan 1, 2023
-23.24 USD
Jan 1, 2024
-4.45 USD
Jan 1, 2025
15.81 USD
Jan 1, 2026
-1.81 USD
The Ridgetech ROA history
YEARROAYoY
-1.81 %-111.46%
15.81 %-454.91%
-4.45 %-80.83%
-23.24 %+674.41%
-3.00 %-60.71%
-7.64 %+30.75%
-5.84 %+358.68%
-1.27 %-94.49%
-23.11 %+175.07%
-8.40 %-1,266.41%
0.72 %-49.95%
1.44 %-102.61%
-55.23 %—

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Ridgetech Stock analysis

What does Ridgetech do? Ridgetech Inc generates revenue through four business segments. The Retail Drugstores segment sells prescription and OTC drugs, supplements, TCM, personal care, medical devices, and convenience products. The Online Pharmacy segment sells OTC drugs, medical devices, and supplements via Alibaba’s Tmall, JD.com, and Amazon.com, plus the company’s own platform. The Drug Wholesale segment supplies retail stores with medicines, TCM, supplements, and sundry items. The Herb Farming segment cultivates herbs for sale to other drug vendors. Customers include pharmacies, online shoppers, and other drug vendors. The company’s products are distributed through its own retail stores, third-party e-commerce platforms, and direct sales to drug vendors. Brands like Alibaba’s Tmall, JD.com, and Amazon.com are used for online sales. The Retail Drugstores segment targets individual consumers for healthcare products, while the Drug Wholesale segment serves other pharmacies. Herb Farming supplies herbs to drug vendors for further distribution. Ridgetech Inc’s revenue streams come from retail sales, online marketplace transactions, wholesale supply, and herb sales. The Retail Drugstores segment serves end consumers, the Online Pharmacy segment serves online shoppers, the Drug Wholesale segment serves other pharmacies, and the Herb Farming segment serves drug vendors. Sales are made through owned stores, third-party platforms, and direct vendor contracts. Ridgetech is one of the most popular companies on Eulerpool.

ROA Details

Understanding Ridgetech's Return on Assets (ROA)

Ridgetech's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Ridgetech's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Ridgetech's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Ridgetech’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Ridgetech stock

Return on Assets (ROA) of Ridgetech is -1.81 % in 2026.

Return on Assets (ROA) of Ridgetech changed from 15.81 % to -1.81 %, representing a -111.46% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Assets (ROA) Ridgetech since 2006 – with annual values, charts, and detailed analysis.

Return on Assets, also known as ROA, is a financial metric used to measure a company's profitability. It is used to determine how effectively a company uses its assets to generate profits. It is also referred to as the ratio of net income to total assets. ROA is an important indicator of a company's overall financial performance as it measures the company's ability to generate more profit from the assets it employs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Assets (ROA)'s Ridgetech with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Assets (ROA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Assets (ROA).

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Profitability — Ridgetech

All Key Metrics — Ridgetech