Overview
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- TickerRDGT on Nasdaq1
- IndustryRetail-Drug Stores and Proprietary Stores1
- HeadquartersHangzhou City, China1
- Incorporated inCayman Islands3
- Business address4Th Floor, Building 5, Renxin Yaju, Gong Shu District, Hangzhou City, F4 3100143
- Filer categoryNon-accelerated filer3
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Trust Company, LLC, whose address is 48 Wall Street, Floor 23 New York, NY 10005, and whose telephone number is (800) 468-9716.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2026
What sells
Revenue by product, business segment and region, as the company reports it to the SEC.
Products and services
Revenue From Offline Wholesale brought in 89% of the revenue Ridgetech Inc. broke down this way in fiscal 2026.
Products and services by year
| Products and services | 2024 | 2025 | 2026 |
|---|---|---|---|
| Revenue From Offline Wholesale | $124.0M | $118.9M | $117.9M |
| Revenue From Online Platform | $1.1M | $14.3M |
Business segments
Offline Wholesale brought in 89% of the revenue Ridgetech Inc. broke down this way in fiscal 2026.
Business segments by year
| Business segments | 2024 | 2025 | 2026 |
|---|---|---|---|
| Offline Wholesale | $124.0M | $118.9M | $117.9M |
| Online Platform | $1.1M | $14.3M |
Where the money goes
Where each dollar of revenue went, fiscal 2026
- Cost of revenue96¢$127.4M
- Other costs4¢$4.7M
- Income tax0¢$99.1K
Out of $132.2M in revenue.2 The company lost money this year.
Financial statements
No quarterly figures reported.
Every line of the income statement as filed: the last 3 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| REVENUES, NET | $132.2M | $120.0M | $124.0M |
| COST OF GOODS SOLD | $127.4M | $116.1M | $119.1M |
| GROSS PROFIT | $4.8M | $3.8M | $4.9M |
| SELLING EXPENSES | $3.0M | $1.5M | $934.2K |
| GENERAL AND ADMINISTRATIVE EXPENSES | $3.6M | $3.3M | $3.3M |
| TOTAL OPERATING EXPENSES | $6.6M | $4.9M | $4.3M |
| INCOME (LOSS) FROM OPERATIONS | -$1.9M | -$1.0M | $596.1K |
| INTEREST INCOME | $455.1K | $92.8K | $197.8K |
| INTEREST EXPENSES | -$67.1K | ||
| INVESTMENT INCOME (EXPENSES) | $229.7K | -$1.6M | |
| OTHER INCOME (EXPENSES) | -$101.2K | -$8.2K | -$13.4K |
| TOTAL OF OTHER INCOME (EXPENSES) | $516.5K | $84.7K | -$1.4M |
| LOSS BEFORE INCOME TAXES | -$1.3M | -$950.7K | -$827.1K |
| (BENEFIT) PROVISION FOR INCOME TAXES | -$99.1K | $503.5K | -$41.4K |
| NET LOSS FROM DISCONTINUED OPERATIONS, NET OF TAXES | -$4.1M | -$3.4M | |
| GAIN OF DIVESTITURE JIUXIN INVESTMENT | $15.8M | ||
| NET GAIN(LOSS) FROM DISCONTINUED OPERATIONS, NET OF TAX | $11.7M | -$3.4M | |
| NET (LOSS) INCOME | -$1.3M | $10.2M | -$4.2M |
| LESS: NET LOSS ATTRIBUTABLE TO NONCONTROLLING INTEREST | $5.4K | -$14 | |
| NET (LOSS) INCOME ATTRIBUTABLE TO RIDGETECH, INC. | -$1.3M | $10.2M | -$4.2M |
| NET (LOSS) INCOME ATTRIBUTABLE TO RIDGETECH, INC. FROM CONTINUING OPERATIONS | -$1.3M | -$1.5M | -$785.7K |
| NET (LOSS) INCOME ATTRIBUTABLE TO RIDGETECH, INC. FROM DISCONTINUED OPERATIONS | $11.6M | -$3.4M | |
| FOREIGN CURRENCY TRANSLATION ADJUSTMENTS | $1.5M | -$1.2M | -$729.4K |
| COMPREHENSIVE INCOME (LOSS) | $257.0K | $9.0M | -$5.0M |
| Basic (in Shares) | 72.7K shares | 37.0K shares | 9.6K shares |
| Diluted (in Shares) | 72.7K shares | 37.0K shares | 9.6K shares |
| Basic (in Dollars per share) | -$17.21 | $275.87 | -$439.78 |
| Diluted (in Dollars per share) | -$17.21 | $275.87 | -$439.78 |
No quarter-by-quarter statement was filed.
No quarterly figures reported.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.2
| Period ending | 2026-03-31 | 2025-05-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $17.9M | $12.8M | |||
| Restricted cash | $8.5K | $5.8M | |||
| Trade accounts receivables | $32.5M | $27.8M | |||
| Inventories | $8.3M | $9.8M | |||
| Other receivables, net | $5.2M | $2.4M | |||
| Advances to suppliers | $98.4K | $433.1K | |||
| Other current assets | $293.0K | $745.5K | |||
| Total current assets | $64.6M | $59.7M | |||
| Property and equipment, net | $5.7K | $8.9K | |||
| Intangible assets, net | $3.0M | $3.3M | |||
| Goodwill | $1.5M | $1.5M | |||
| Total non-current assets | $4.5M | $4.8M | |||
| Total assets | $69.0M | $64.5M | |||
| Accounts payable | $22.8M | $19.7M | |||
| Notes payable | $22.7K | $10.4M | |||
| Other payables | $2.8M | $2.3M | |||
| Customer deposits | $364.1K | $264.1K | |||
| Taxes payable | $1.8M | $1.5M | |||
| Accrued liabilities | $206.5K | $196.2K | |||
| Total current liabilities | $27.9M | $34.4M | |||
| Deferred tax liabilities | $356.4K | $492.1K | |||
| Total non-current liabilities | $356.4K | $492.1K | |||
| Total liabilities | $28.3M | $34.8M | |||
| Ordinary shares; $0.15 par value; 240,000,000 shares authorized; 887,271 and 39,033 shares issued and outstanding as of March 31, 2026 and 2025, respectively | $133.1K | $5.9K | |||
| Additional paid-in capital | $103.9M | $93.1M | |||
| Accumulated deficit | -$64.6M | -$63.3M | |||
| Accumulated other comprehensive income | $1.3M | -$199.2K | |||
| Total shareholders equity | $40.8M | $29.6M | $14.3M | $16.7M | |
| Total liabilities and shareholders equity | $69.0M | $64.5M | |||
| Ordinary shares, par value (in Dollars per share) | $0.15 | $0.00 | $0.15 | ||
| Ordinary shares, shares authorized | 240.0M shares | 240.0M shares | |||
| Ordinary shares, shares issued | 887.3K shares | 39.0K shares | |||
| Ordinary shares, shares outstanding | 887.3K shares | 39.0K shares | |||
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares |
| Period ending | 2026-03-31 | 2025-05-31 | 2025-03-31 | 2024-03-31 | 2023-03-31 |
|---|---|---|---|---|---|
| Cash and cash equivalents | $17.9M | $12.8M | |||
| Restricted cash | $8.5K | $5.8M | |||
| Trade accounts receivables | $32.5M | $27.8M | |||
| Inventories | $8.3M | $9.8M | |||
| Other receivables, net | $5.2M | $2.4M | |||
| Advances to suppliers | $98.4K | $433.1K | |||
| Other current assets | $293.0K | $745.5K | |||
| Total current assets | $64.6M | $59.7M | |||
| Property and equipment, net | $5.7K | $8.9K | |||
| Intangible assets, net | $3.0M | $3.3M | |||
| Goodwill | $1.5M | $1.5M | |||
| Total non-current assets | $4.5M | $4.8M | |||
| Total assets | $69.0M | $64.5M | |||
| Accounts payable | $22.8M | $19.7M | |||
| Notes payable | $22.7K | $10.4M | |||
| Other payables | $2.8M | $2.3M | |||
| Customer deposits | $364.1K | $264.1K | |||
| Taxes payable | $1.8M | $1.5M | |||
| Accrued liabilities | $206.5K | $196.2K | |||
| Total current liabilities | $27.9M | $34.4M | |||
| Deferred tax liabilities | $356.4K | $492.1K | |||
| Total non-current liabilities | $356.4K | $492.1K | |||
| Total liabilities | $28.3M | $34.8M | |||
| Ordinary shares; $0.15 par value; 240,000,000 shares authorized; 887,271 and 39,033 shares issued and outstanding as of March 31, 2026 and 2025, respectively | $133.1K | $5.9K | |||
| Additional paid-in capital | $103.9M | $93.1M | |||
| Accumulated deficit | -$64.6M | -$63.3M | |||
| Accumulated other comprehensive income | $1.3M | -$199.2K | |||
| Total shareholders equity | $40.8M | $29.6M | $14.3M | $16.7M | |
| Total liabilities and shareholders equity | $69.0M | $64.5M | |||
| Ordinary shares, par value (in Dollars per share) | $0.15 | $0.00 | $0.15 | ||
| Ordinary shares, shares authorized | 240.0M shares | 240.0M shares | |||
| Ordinary shares, shares issued | 887.3K shares | 39.0K shares | |||
| Ordinary shares, shares outstanding | 887.3K shares | 39.0K shares | |||
| Preferred stock, par value (in Dollars per share) | $0.00 | $0.00 | |||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.2
| Period ending | 2026-03-31 | 2025-03-31 | 2024-03-31 |
|---|---|---|---|
| Net (loss) income | -$1.3M | $10.2M | -$4.2M |
| Depreciation and amortization | $363.7K | $1.1M | $790.4K |
| Provision for (reversal of) doubtful accounts | -$428.4K | $85.6K | -$249.3K |
| Amortization of right-of-use assets | $4.9M | $4.6M | |
| Loss from disposal of property and equipment | $107.3K | ||
| Gain of divestiture Jiuxin Investment | -$15.8M | ||
| Deferred tax expenses(benefits) | -$79.7K | -$29.8K | |
| Investment loss | $1.6M | ||
| Accounts receivable | -$3.5M | $10.0M | -$1.8M |
| Notes receivable | $29.7K | -$29.3K | $19.9K |
| Inventories and biological assets | $1.9M | $405.8K | -$1.7M |
| Other receivables | -$2.0M | -$11.8M | -$672.8K |
| Advances to suppliers | $449.6K | -$341.7K | -$839.2K |
| Long term deposit | -$1.4M | -$132.6K | |
| Other current assets | $477.1K | $19.1K | |
| Other noncurrent assets | $0 | -$359.1K | $69.5K |
| Amount due from related parties | -$317.8K | ||
| Accounts payable | $2.0M | -$21.1M | $6.0M |
| Other payables and accrued liabilities | $321.4K | $28.8M | $869.0K |
| Customer deposits | $83.9K | -$162.9K | -$144.8K |
| Taxes payable | $184.8K | $1.3M | -$948.3K |
| Operating lease liabilities | -$4.6M | -$6.2M | |
| Net cash provided by (used in) operating activities | -$1.4M | $1.2M | -$3.2M |
| Acquisition of equipment and building | -$449 | -$155.4K | -$330.7K |
| Investment in a joint venture | -$1.1M | ||
| Purchases of intangible assets | -$67.0K | ||
| Additions to leasehold improvements | -$459.9K | -$526.0K | |
| Acquisition of Ridgeline, net of cash acquired | $4.8M | ||
| Divestiture Jiuxin Investment, net of cash disposed | -$22.4M | ||
| Net cash used in investing activities | -$449 | -$18.1M | -$2.0M |
| Proceeds from short-term bank loan | $1.1M | ||
| Repayment of short-term bank loan | -$277.3K | -$837.2K | |
| Proceeds from notes payable | $14.4M | $51.7M | $56.9M |
| Repayment of notes payable | -$24.9M | -$56.4M | -$53.0M |
| Net proceeds from issuance of shares and warrants in private placements | $10.9M | $7.6M | $2.6M |
| Proceeds from other payable-related parties | $325.8K | $1.3M | |
| Repayment of other payable-related parties | -$322.0K | -$1.5M | |
| Net cash provided by (used in) financing activities | -$29.7K | $1.5M | $8.0M |
| EFFECT OF EXCHANGE RATE ON CASH | $796.8K | $1.0M | -$1.5M |
| DECREASE (INCREASE) IN CASH AND CASH EQUIVALENTS AND RESTRICTED CASH | -$627.3K | -$14.3M | $1.3M |
| Cash paid for income taxes | $55.3K | $137.5K | $149.0K |
| Cash paid for interest | $67.1K | $6.3K | $13.6K |
| Cashless exercise of warrants | $51.7K | ||
| Issuance of shares for acquisition of subsidiaries | $3.6M | ||
| Cancellation of shares for disposal of subsidiaries | $4.1M | ||
| Subscription receivable from issuance of ordinary shares | $3.8M |
No quarter-by-quarter statement was filed.
Corporate structure
Ridgetech Inc. sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of Ridgetech Inc.
- Lingtao Kong Filed SCHEDULE 13D/A on Ridgetech Inc., latest Jul 20, 2026 (3 filings since Mar 6, 2025)
- Lei Liu Filed SCHEDULE 13D/A on Ridgetech Inc., latest Mar 4, 2025 (4 filings since Apr 16, 2024)
- HILLHOUSE INVESTMENT MANAGEMENT, LTD. Filed SC 13D/A on Ridgetech Inc., latest Feb 14, 2023
- Ridgetech Inc. Hangzhou City, China
Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What Ridgetech Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Property and equipment, before depreciation | $51.3K2 Mar 31, 2026 | $91.6K2 Mar 31, 2025 | −44.0% |
| Accumulated depreciation | $45.6K2 Mar 31, 2026 | $82.7K2 Mar 31, 2025 | −44.8% |
| Property and equipment, net | $5.7K2 Mar 31, 2026 | $8.9K2 Mar 31, 2025 | −35.9% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $17.9M2 Mar 31, 2026 | $12.8M2 Mar 31, 2025 | +40.1% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Goodwill | $1.5M2 Mar 31, 2026 | $1.5M2 Mar 31, 2025 | 0% |
| Finite-lived intangibles, gross | $3.8M2 Mar 31, 2026 | $3.8M2 Mar 31, 2025 | −0.2% |
| Accumulated amortization | $790.4K2 Mar 31, 2026 | $498.5K2 Mar 31, 2025 | +58.6% |
| Finite-lived intangibles, net | $3.0M2 Mar 31, 2026 | $3.3M2 Mar 31, 2025 | −9.1% |
Inventory
Leadership
Who has led Ridgetech Inc., and when. Pick a name to see everywhere that person has worked.
Board members and other officers (1)
- Board memberLingtao Kong Jul 20, 2026 to now9
Former names
Filings
122 filings to the SEC since October 2021: 5 annual reports, 10 insider forms, 8 large holders, 99 other. The latest 20:
- Sep 9, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Sep 1, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Aug 5, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 31, 202620-F ANNUAL REPORT EDGAR
- Jul 31, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 29, 2026424B5 PROSPECTUS SUPPLEMENT EDGAR
- Jul 28, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 21, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 20, 2026SCHEDULE 13D/A EDGAR
- Jul 20, 20264 EDGAR
- Jul 20, 20263 EDGAR
- Jul 20, 20266-K REPORT OF FOREIGN PRIVATE ISSUER EDGAR
- Jul 2, 20264 PRIMARY DOCUMENT EDGAR
- Jul 2, 20263 PRIMARY DOCUMENT EDGAR
- Jun 18, 20264 PRIMARY DOCUMENT EDGAR
- Jun 17, 20264 PRIMARY DOCUMENT EDGAR
- Jun 16, 20264 PRIMARY DOCUMENT EDGAR
- Jun 12, 20264 PRIMARY DOCUMENT EDGAR
- Jun 11, 20264 PRIMARY DOCUMENT EDGAR
The 122 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
8 open-market trades by officers, directors and large owners since October 2021: 5 buys and 3 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 1, 2026 | HRT FINANCIAL LP10% owner | Buy | 10,197 | $1.50 | $15.3K | Form 4 |
| Jun 30, 2026 | HRT FINANCIAL LP10% owner | Buy | 30,939 | $1.52 | $47.0K | Form 4 |
| Jun 16, 2026 | HRT FINANCIAL LP10% owner | Sale | 57,998 | $1.60 | $92.8K | Form 4 |
| Jun 15, 2026 | HRT FINANCIAL LP10% owner | Sale | 8,091 | $1.60 | $12.9K | Form 4 |
| Jun 12, 2026 | HRT FINANCIAL LP10% owner | Sale | 6,526 | $1.51 | $9.9K | Form 4 |
| Jun 11, 2026 | HRT FINANCIAL LP10% owner | Buy | 19,373 | $1.61 | $31.2K | Form 4 |
| Jun 10, 2026 | HRT FINANCIAL LP10% owner | Buy | 14,312 | $1.62 | $23.2K | Form 4 |
| Jun 9, 2026 | HRT FINANCIAL LP10% owner | Buy | 25,024 | $1.78 | $44.5K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- Lingtao KongSCHEDULE 13D/A, 3 filings Mar 6, 2025 to Jul 20, 202610
- Lei LiuSCHEDULE 13D/A, 4 filings Apr 16, 2024 to Mar 4, 202511
- HILLHOUSE INVESTMENT MANAGEMENT, LTD.SC 13D/A, 1 filing Feb 14, 202312
SEC filer profile
How Ridgetech Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARRidgetech Inc.1
- CIK0001856084
- Filer statusNon-accelerated filer not an emerging growth company; not a shell company4
- Incorporated inCayman Islands4
- Fiscal year endsMarch 311
- Industry code (SIC)5912 Retail-Drug Stores and Proprietary Stores1
- SEC reviewing officeOffice of Trade & Services, Division of Corporation Finance1
- Business address4Th Floor, Building 5, Renxin Yaju, Gong Shu District, Hangzhou City, F4 3100141
- Phone86571882195791
- Shares outstanding133,090,838 shares as of Mar 31, 20264
- AuditorYCM CPA INC., Irvine, California PCAOB ID 6781; no auditor attestation of internal control over financial reporting4
- On EDGAR sinceMay 17, 20211
- Filings131 in all: 6-K (62), CORRESP (9), 4 (7), 424B5 (7), UPLOAD (7), F-3/A (6), 20-F (5), EFFECT (4)1
All 21 form types
SC 13D/A (4), 3 (3), F-3 (3), S-8 (3), SCHEDULE 13D/A (3), 424B3 (1), 6-K/A (1), 8-A12B (1), F-1 (1), F-4 (1), F-4/A (1), RW (1), SCHEDULE 13D (1)
- Latest filingsAnnual report (20-F) Jul 31, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| Ordinary shares, par value $0.15 per share | RDGT | The Nasdaq Stock Market LLC |
From the cover page of the 20-F filed Jul 31, 2026 (Section 12(b) of the Exchange Act).4
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1SEC EDGARRidgetech Inc. filings on SEC EDGAR
- 2SEC EDGARRidgetech Inc. 10-K for fiscal 2026
- 3SEC EDGARRidgetech Inc. filings on SEC EDGAR
- 4
- 5SEC EDGARRidgetech Inc. 10-K for fiscal 2020
- 6SEC EDGARRidgetech Inc. 10-K for fiscal 2021
- 7SEC EDGARRidgetech Inc. 10-K for fiscal 2022
- 8SEC EDGARRidgetech Inc. 10-K for fiscal 2023
- 9SEC EDGARLingtao Kong, Board member
- 10
- 11
- 12