Want to see SG:I11 full AI Analyst Report?
Top Page
Renaissance United Limited
(SGX:I11)
Select Model
Select Model
Rating:43Neutral
Price Target:―
Action:Reiterated
Date:10/01/26
The score is primarily held back by weak financial performance—persistent net losses, sharply lower gross margin in 2026, higher leverage, and negative operating/free cash flow. Valuation is also constrained by negative earnings (negative P/E) and no provided dividend yield. Technical indicators were not available, so they do not materially improve or worsen the assessment.
Positive Factors
Revenue Rebound
The return to double-digit revenue growth in 2026 shows that demand or business activity recovered after the prior-year decline. If this rebound persists, it can improve operating leverage and provide a broader base for restoring profitability over the next several quarters.
Negative Factors
Persistent Losses and Margin Compression
Ongoing net losses show that the business has not yet established sustainable profitability. The sharp gross-margin contraction to about 3% further weakens the earnings model, leaving little buffer for operating costs and making future profit recovery dependent on reversing margin pressure.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Rebound
The return to double-digit revenue growth in 2026 shows that demand or business activity recovered after the prior-year decline. If this rebound persists, it can improve operating leverage and provide a broader base for restoring profitability over the next several quarters.
Read all positive factors
Renaissance United Limited (I11) vs. iShares MSCI Singapore ETF (EWS)
Market Cap
S$6.18M
Dividend YieldN/A
Average Volume (3M)N/A
Price to Earnings (P/E)―
Beta (1Y)0.69
Revenue Growth7.33%
EPS Growth87.50%
CountrySG
Employees303
SectorUtilities
Sector Strength65
IndustryRegulated Gas
Share Statistics
EPS (TTM)>-0.01
Shares Outstanding6,180,800,000
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Financial Highlights & Ratios
PEG Ratio0.06
Price to Book (P/B)0.41
Price to Sales (P/S)0.07
P/FCF Ratio-1.57
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
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
Income Statement
34
Negative
Balance Sheet
42
Neutral
Cash Flow
28
Negative
| Breakdown | Apr 2025 | Apr 2024 | Apr 2023 | Jul 2022 | Apr 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 83.16M | 77.68M | 93.47M | 74.24M | 75.43M |
| Gross Profit | 2.47M | 10.84M | 22.56M | 14.35M | 16.20M |
| EBITDA | 2.69M | -8.14M | -3.35M | -1.56M | -7.08M |
| Net Income | -1.47M | -9.93M | -6.78M | -6.06M | -12.29M |
Balance Sheet | |||||
| Total Assets | 76.95M | 73.08M | 90.07M | 100.23M | 117.37M |
| Cash, Cash Equivalents and Short-Term Investments | 7.76M | 7.29M | 15.83M | 10.90M | 14.58M |
| Total Debt | 25.37M | 22.40M | 25.82M | 22.48M | 22.17M |
| Total Liabilities | 57.14M | 51.16M | 53.68M | 53.64M | 59.62M |
| Stockholders Equity | 14.98M | 22.03M | 32.19M | 38.95M | 46.48M |
Cash Flow | |||||
| Free Cash Flow | -3.95M | -4.31M | 2.52M | -3.87M | 308.00K |
| Operating Cash Flow | -3.85M | -1.56M | 2.71M | -3.47M | 566.00K |
| Investing Cash Flow | -235.00K | -2.73M | -194.00K | -313.00K | -257.00K |
| Financing Cash Flow | 1.46M | -3.91M | 1.99M | 889.00K | -861.00K |
Renaissance United Limited Peers Comparison
UnderperformOutperform
Sector (66)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
71 Outperform | S$472.39M | 6.67 | 18.01% | 0.37% | ― | ― | |
66 Neutral | $17.65B | 18.10 | 5.60% | 3.62% | 6.62% | 11.55% | |
62 Neutral | S$396.65M | 2.95 | 6.52% | 7.14% | ― | ― | |
58 Neutral | S$596.72M | 4.58 | 5.70% | 8.05% | -36.35% | -23.32% | |
56 Neutral | S$21.86M | 0.10 | 335.38% | ― | -17.43% | ― | |
43 Neutral | S$6.18M | -5.00 | -9.35% | ― | 7.33% | 87.50% |
* Utilities Sector Average
SG:I11
Renaissance United Limited
―
―
―
SG:BHK
SIIC Environment Holdings
0.15
-0.01
-8.33%
SG:U9E
China Everbright Water
0.21
-0.03
-11.02%
SG:YSV
Charisma Energy Services
0.08
0.02
29.03%
SG:5GD
Sunpower Group Ltd.
0.58
0.11
25.00%
SG:AJ2
Ouhua Energy Holdings Ltd.
0.04
0.00
0.00%
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.