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Renaissance United Limited (SG:I11)
SGX:I11
Singapore Market
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Renaissance United Limited (I11) AI Stock Analysis

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SG:I11

Renaissance United Limited

(SGX:I11)

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Neutral 43 (OpenAI - 5.2)
Rating:43Neutral
Price Target:
Action:Reiterated
Date:07/01/26
The score is held down primarily by weak financial performance—ongoing net losses, sharply lower gross margin in 2026, rising leverage, and negative operating/free cash flow. Valuation is also constrained by a negative P/E (loss-making), while technical analysis cannot add conviction because core indicators were not provided.
Positive Factors
Revenue growth rebound
Revenue growth in 2026 indicates recovering demand and execution on sales or contract volumes. A durable top-line rebound supports scale economics, helps absorb fixed costs and underpins a multi-quarter path toward break-even if sustained, improving long-term cash generation prospects.
Negative Factors
Persistent net losses
Chronic annual losses erode equity, limit retained-capital reinvestment and constrain management flexibility. Until profitability is consistently positive, the company risks recurring funding needs, reduced ability to build reserves, and weaker returns on invested capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue growth rebound
Revenue growth in 2026 indicates recovering demand and execution on sales or contract volumes. A durable top-line rebound supports scale economics, helps absorb fixed costs and underpins a multi-quarter path toward break-even if sustained, improving long-term cash generation prospects.
Read all positive factors

Renaissance United Limited (I11) vs. iShares MSCI Singapore ETF (EWS)

Renaissance United Limited Business Overview & Revenue Model

Company Description
Renaissance United Limited operates as an investment holding company, with its core business centered on the distribution of gas to residential, commercial, and industrial consumers. The company's diverse activities are categorized into five princ...

Renaissance United Limited Financial Statement Overview

Summary
Results show improvement in 2026 (losses narrowed and revenue grew), but profitability remains negative across all years shown and gross margin compressed sharply in 2026 (~3%). Leverage increased as debt rose while equity fell (debt-to-equity ~1.69), and operating/free cash flow turned negative again in 2025–2026, raising funding risk until cash generation stabilizes.
Income Statement
34
Negative
Balance Sheet
42
Neutral
Cash Flow
28
Negative
BreakdownApr 2025Apr 2024Apr 2023Jul 2022Apr 2021
Income Statement
Total Revenue83.16M77.68M93.47M74.24M75.43M
Gross Profit2.47M10.84M22.56M14.35M16.20M
EBITDA2.69M-8.14M-3.35M-1.56M-7.08M
Net Income-1.47M-9.93M-6.78M-6.06M-12.29M
Balance Sheet
Total Assets76.95M73.08M90.07M100.23M117.37M
Cash, Cash Equivalents and Short-Term Investments7.76M7.29M15.83M10.90M14.58M
Total Debt25.37M22.40M25.82M22.48M22.17M
Total Liabilities57.14M51.16M53.68M53.64M59.62M
Stockholders Equity14.98M22.03M32.19M38.95M46.48M
Cash Flow
Free Cash Flow-3.95M-4.31M2.52M-3.87M308.00K
Operating Cash Flow-3.85M-1.56M2.71M-3.47M566.00K
Investing Cash Flow-235.00K-2.73M-194.00K-313.00K-257.00K
Financing Cash Flow1.46M-3.91M1.99M889.00K-861.00K

Renaissance United Limited Peers Comparison

Overall Rating
UnderperformOutperform
Sector (66)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
71
Outperform
S$480.55M6.8318.01%0.37%
66
Neutral
$17.65B18.105.60%3.62%6.62%11.55%
62
Neutral
S$409.53M2.906.52%6.92%
58
Neutral
S$615.27M4.785.70%7.86%-36.35%-23.32%
49
Neutral
S$22.67M0.12-1258.24%-17.43%
43
Neutral
S$12.36M-10.00-9.35%7.33%87.50%
* Utilities Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
SG:I11
Renaissance United Limited
SG:BHK
SIIC Environment Holdings
0.16
>-0.01
-5.36%
SG:U9E
China Everbright Water
0.22
-0.02
-7.33%
SG:YSV
Charisma Energy Services
0.08
<0.01
9.21%
SG:5GD
Sunpower Group Ltd.
0.59
0.08
17.00%
SG:AJ2
Ouhua Energy Holdings Ltd.
0.05
0.01
35.14%

Renaissance United Limited Corporate Events

Renaissance United Assesses Flood Disruption at Hubei Gas Subsidiary
May 27, 2026
Renaissance United Limited reported that severe torrential rain and flash flooding across central and southern China since mid-May 2026 have disrupted operations at its majority-owned gas subsidiary, Hubei Zonglianhuan Energy Investment Group Inc....
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Jul 01, 2026