| RNS
Renaissance Corporation Limited
Description:
* "There
are three wholly-owned subsidiaries within the Renaissance Group: Conduit
International Limited, Insite Technology Limited and Renaissance Limited.
Conduit International Limited
Conduit International Limited is an e-commerce organisation which supplies
and hosts transactional websites, and facilitates electronic data transfer
between organisations. Conduit has gained an impressive reputation in the
industry for the quality and reliability of their work.
Insite Technology Limited
Insite Technology Limited, based in Christchurch, specialises in the
assembly of personal computers, notebook computers and servers based on
the latest computer technology. Insite’s products are marketed to
education and business users through a network of resellers and to
selected direct accounts.
Renaissance Limited
Renaissance Limited has three distinct business units: the Apple Division,
Renaissance Brands and Renaissance Education Division (RED).
The Apple Division is dedicated to the sales, marketing, brand management
and support of Apple products in New Zealand.Renaissance Brands
distributes a wide range of IT products through a nationwide reseller
channel. We are focussed on marketing brands where we have exclusive
distribution rights, such as those from FileMaker, Palm, SonicWALL,
USRobotics and Wacom.Renaissance Education Division (RED) is focussed on
providing the best ICT solutions for education in New Zealand. The
RED team are passionate about education and work closely with students,
teachers, school boards and the MoE in providing the best quality
Professional Development, Support Services, Software and Hardware systems
to New Zealand schools."
Website: http://www.renaissance.co.nz/
Recent announcements: click here
|
 |
Financials
|
Year
|
2002
|
2003
|
2004
|
2005
|
|
Average
GR
|
Compounding
GR
|
|
Gross
growth rates
|
|
|
|
|
|
Revenue
|
|
-12%
|
23%
|
30%
|
|
50%
|
7%
|
|
NPAT
|
|
-204%
|
72%
|
121%
|
|
142%
|
-232%
|
|
Total
Assets
|
|
-15%
|
33%
|
42%
|
|
71%
|
10%
|
|
Net
Assets
|
|
-2%
|
3%
|
16%
|
|
19%
|
3%
|
|
Per
Share figures and growth
|
|
Earnings
|
$
(0.03)
|
$
0.04
|
$
0.06
|
$
0.13
|
|
|
|
|
|
|
-204%
|
67%
|
119%
|
|
135%
|
-231%
|
|
Net
Assets
|
$
0.26
|
$
0.25
|
$
0.26
|
$
0.29
|
|
|
|
|
|
|
-2%
|
1%
|
15%
|
|
15%
|
3%
|
|
Dividends
|
$
0.03
|
$
0.04
|
$
0.06
|
$
0.09
|
|
|
|
|
|
|
33%
|
48%
|
60%
|
|
116%
|
26%
|
|
Profitability
|
|
Return
on Assets
|
-4%
|
5%
|
7%
|
10%
|
|
|
|
|
Equity
Multiplier
|
3.18
|
2.74
|
3.52
|
4.33
|
|
|
|
|
Return
on Equity (ROE)
|
-13%
|
14%
|
23%
|
45%
|
|
|
|
|
ROE
(avg E)
|
|
14%
|
24%
|
48%
|
|
|
|
|
Net
Profit Margin
|
-1%
|
1%
|
2%
|
3%
|
|
|
|
|
Dividend
payout ratio
|
-87%
|
112%
|
99%
|
72%
|
|
|
|
|
Liquidity
|
|
Net
working capital
|
$4,058,000
|
$5,160,000
|
$5,070,000
|
$7,157,000
|
|
|
|
|
Current
ratio
|
1.21
|
1.35
|
1.21
|
1.19
|
|
|
|
|
Acid
test ratio
|
0.69
|
0.89
|
0.95
|
0.96
|
|
|
|
|
Other
|
|
Times
interest earned
|
-0.61
|
5.71
|
22.46
|
240.40
|
|
|
|
|
Operating
exp/income
|
100%
|
97%
|
97%
|
95%
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Summary
Financials
|
|
Income
|
110606000
|
97559000
|
119979000
|
155612000
|
|
|
|
|
Expenses
|
112621000
|
95483000
|
116459000
|
148430000
|
|
|
|
|
Tax
|
-741000
|
745000
|
1232000
|
2127000
|
|
|
|
|
NPAT
|
-1274000
|
1331000
|
2288000
|
5055000
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Assets
|
30703000
|
26000000
|
34475000
|
49015000
|
|
|
|
|
Liabilities
|
21583000
|
16775000
|
24668000
|
37686000
|
|
|
|
|
Net
Assets
|
9120000
|
9225000
|
9807000
|
11329000
|
|
|
|
|

|