Renaissance United (SGX:I11) ROE %: -14.99% (As of Apr. 2026)

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What is Renaissance United ROE %?

Renaissance United SGX:I11 ROE % is -14.99% as of Apr. 2026. The stock has 6 warning signs investors should review. Among 504 Utilities - Regulated companies, Renaissance United ranks worse than 93.45% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Renaissance United's annualized net income for the quarter that ended in Apr. 2026 was S$-3.10 Mil. Renaissance United's average Total Stockholders Equity over the quarter that ended in Apr. 2026 was S$20.65 Mil. Therefore, Renaissance United's annualized ROE % for the quarter that ended in Apr. 2026 was -14.99%.

The historical rank and industry rank for Renaissance United's ROE % or its related term are showing as below:

SGX:I11' s ROE % Range Over the Past 10 Years
Min: -36.61   Med: -16.63   Max: -0.21
Current: -7.7

During the past 13 years, Renaissance United's highest ROE % was -0.21%. The lowest was -36.61%. And the median was -16.63%.

SGX:I11's ROE % is ranked worse than
93.45% of 504 companies
in the Utilities - Regulated industry
Industry Median: 8.685 vs SGX:I11: -7.70

Renaissance United  (SGX:I11) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-3.096/20.6515
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-3.096 / 96.396)*(96.396 / 79.0145)*(79.0145 / 20.6515)
=Net Margin %*Asset Turnover*Equity Multiplier
=-3.21 %*1.22*3.8261
=ROA %*Equity Multiplier
=-3.92 %*3.8261
=-14.99 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Apr. 2026 )
=Net Income/Total Stockholders Equity
=-3.096/20.6515
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-3.096 / -4.632) * (-4.632 / -3.948) * (-3.948 / 96.396) * (96.396 / 79.0145) * (79.0145 / 20.6515)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6684 * 1.1733 * -4.1 % * 1.22 * 3.8261
=-14.99 %

Note: The net income data used here is four times the quarterly (Apr. 2026) net income data. The Revenue data used here is four times the quarterly (Apr. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Renaissance United ROE % Related Terms


Renaissance United ROE % Historical Data

* Premium members only.

The historical data trend for Renaissance United's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Renaissance United ROE % Chart

Renaissance United Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.58 -14.18 -19.07 -36.61 -6.96

Renaissance United Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -120.66 -12.50 -1.67 -0.73 -14.99

SGX:I11 vs ATO, NI, UGI: ROE % Comparison

For the Utilities - Regulated Gas subindustry, Renaissance United's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Renaissance United ROE % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Renaissance United's ROE % distribution charts can be found below:

* The bar in red indicates where Renaissance United's ROE % falls into.



Renaissance United ROE % Calculation

Renaissance United's annualized ROE % for the fiscal year that ended in Apr. 2026 is calculated as

ROE %=Net Income (A: Apr. 2026 )/( (Total Stockholders Equity (A: Apr. 2025 )+Total Stockholders Equity (A: Apr. 2026 ))/ count )
=-1.47/( (22.029+20.236)/ 2 )
=-1.47/21.1325
=-6.96 %

Renaissance United's annualized ROE % for the quarter that ended in Apr. 2026 is calculated as

ROE %=Net Income (Q: Apr. 2026 )/( (Total Stockholders Equity (Q: Jan. 2026 )+Total Stockholders Equity (Q: Apr. 2026 ))/ count )
=-3.096/( (21.067+20.236)/ 2 )
=-3.096/20.6515
=-14.99 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Apr. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -14.99% mean?
Renaissance United (SGX:I11) has a ROE % of -14.99% as of Apr. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Renaissance United and its competitors. According to the industry distribution chart, Renaissance United ranks #471 out of 504 companies in the Utilities - Regulated industry, placing it in the top 93.5%.
Is Renaissance United's ROE % too high?
Renaissance United's current ROE % is -14.99%. Based on the distribution chart, Renaissance United ranks #471 out of 504 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers.
How does Renaissance United's ROE % compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Renaissance United ranks #471 out of 504 companies for ROE %. This places Renaissance United in the lower half of its industry. The industry median ROE % is 8.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Regulated company?
The median ROE % among Utilities - Regulated companies is 8.69, based on 504 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Renaissance United and its competitors. For the Utilities - Regulated industry, the median ROE % is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Renaissance United's current ROE % is -14.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Renaissance United stock overvalued right now?
Renaissance United (SGX:I11) has a current ROE % of -14.99%. The current ROE % is -14.99%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Renaissance United (SGX:I11), the current ROE % is -14.99% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Renaissance United Business Description

Address 16 Kallang Place, Number 05-10/18, Kallang Basin Industrial Estate, Singapore, SGP, 339156
Renaissance United Ltd operates in five segments: Infrastructure development and turnkey construction; Property development; Gas distribution, Electronics and trading and Investment securities trading. It geographically operates in Singapore, the People's Republic of China, the USA, Taiwan, and Others. It derives a majority of its revenue from Gas distribution. Geographically the company derives the majority of its revenue from the People's Republic of China.