Nature Wood Group Limited American Depositary Shares (NWGL) 10-Year Financial Performance & Capital Metrics

NWGL • • Industrial / General

Basic MaterialsPaper & Forest ProductsWood Products & Building MaterialsIntegrated Forestry & Wood Processing

AboutNature Wood Group Limited, an integrated forestry company, engages in up-stream forest management and harvesting, and down-stream wood-processing and distribution activities. The company offers a range of products, including logs, decking and flooring products, sawn timber, recycled and synthesized charcoal, machine-made charcoal, and essential oils. It also provides IT and business consultancy services. The company serves importers, retailers, and processors through its sales network in Europe, South Asia, South America, North America, and China. Nature Wood Group Limited was formerly known as China Nature Wood Industry Group Limited and changed its name to Nature Wood Group Limited in September 2022. The company was incorporated in 2011 and is headquartered in Macau. Nature Wood Group Limited operates as a subsidiary of Easy Bliss Limited.Show more

Revenue $22M -15.4%
EBITDA -$2M +59.2%
Net Income -$9M +26.9%
EPS (Diluted) -0.53 +39.8%
Gross Margin 24.41% +160.5%
EBITDA Margin -10.46% +51.7%
Operating Margin -17.2% +41.1%
Net Margin -40.52% +13.6%
ROE -63.97% +17.8%
ROIC -7.74% +37.6%
Debt/Equity 2.80 +96.0%
Interest Coverage -3.95 +14.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

No significant strengths identified

✗Weaknesses

✗High debt to equity ratio of 2.8x
✗Shares diluted 18.3% in last year
✗Trading more than 30% below 52-week high

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-

5Y-

3Y-23.27%

TTM-

Profit (Net Income) CAGR

10Y-

5Y-

3Y-

TTM-

EPS CAGR

10Y-

5Y-

3Y-

TTM-

ROCE

10Y Avg-0.9%

5Y Avg-0.9%

3Y Avg-5.74%

Latest-13.97%

Peer Comparison

Integrated Forestry & Wood Processing

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
NWGLNature Wood Group Limited American Depositary Shares	19.33M	1.17	-2.20	-15.39%	-29.46%	-120.13%	8.09%	2.80

Profit & Loss

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	37.5M	47.68M	55.34M	25.46M	21.54M
Revenue Growth %	-	0.27%	0.16%	-0.54%	-0.15%
Cost of Goods Sold+	27.46M	31.27M	35.42M	23.07M	16.28M
COGS % of Revenue	0.73%	0.66%	0.64%	0.91%	0.76%
Gross Profit+	10.04M	16.41M	19.92M	2.39M	5.26M
Gross Margin %	0.27%	0.34%	0.36%	0.09%	0.24%
Gross Profit Growth %	-	0.63%	0.21%	-0.88%	1.2%
Operating Expenses+	10.39M	12.69M	13.65M	9.82M	8.96M
OpEx % of Revenue	0.28%	0.27%	0.25%	0.39%	0.42%
Selling, General & Admin	10.43M	12.69M	13.65M	9.82M	8.96M
SG&A % of Revenue	0.28%	0.27%	0.25%	0.39%	0.42%
Research & Development	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-
Other Operating Expenses	0	0	0	0	0
Operating Income+	310.27K	4.6M	7.02M	-7.43M	-3.71M
Operating Margin %	0.01%	0.1%	0.13%	-0.29%	-0.17%
Operating Income Growth %	-	13.82%	0.53%	-2.06%	0.5%
EBITDA+	1.6M	6.03M	8.73M	-5.52M	-2.25M
EBITDA Margin %	0.04%	0.13%	0.16%	-0.22%	-0.1%
EBITDA Growth %	-	2.76%	0.45%	-1.63%	0.59%
D&A (Non-Cash Add-back)	1.29M	1.43M	1.72M	1.91M	1.45M
EBIT	439.06K	3.7M	7.02M	-10.48M	-7.97M
Net Interest Income+	-1.62M	-1.87M	-1.91M	-1.58M	-924.41K
Interest Income	389	893	11.56K	23.22K	13.37K
Interest Expense	1.62M	1.87M	1.93M	1.6M	937.78K
Other Income/Expense	-694K	-1.76M	-1.05M	-4.55M	-5.1M
Pretax Income+	-1.04M	1.96M	5.21M	-11.98M	-8.8M
Pretax Margin %	-0.03%	0.04%	0.09%	-0.47%	-0.41%
Income Tax+	147.51K	628.25K	431.93K	-42.82K	-73.52K
Effective Tax Rate %	1.14%	0.68%	0.92%	1%	0.99%
Net Income+	-1.18M	1.33M	4.78M	-11.93M	-8.73M
Net Margin %	-0.03%	0.03%	0.09%	-0.47%	-0.41%
Net Income Growth %	-	2.13%	2.59%	-3.5%	0.27%
Net Income (Continuing)	-1.18M	1.33M	4.78M	-11.93M	-8.73M
Discontinued Operations	0	0	0	0	0
Minority Interest	0	0	0	0	0
EPS (Diluted)+	-0.09	0.10	0.36	-0.88	-0.53
EPS Growth %	-	2.12%	2.6%	-3.44%	0.4%
EPS (Basic)	-0.09	0.10	0.36	-0.88	-0.53
Diluted Shares Outstanding	13.16M	13.16M	13.16M	13.99M	16.55M
Basic Shares Outstanding	13.16M	13.16M	13.16M	13.99M	16.55M
Dividend Payout Ratio	-	-	-	-	-

Balance Sheet

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	35.7M	34.81M	38.9M	29.75M	20.93M
Cash & Short-Term Investments	3.55M	3.55M	5.08M	3.98M	2.96M
Cash Only	3.55M	3.55M	5.08M	3.98M	2.96M
Short-Term Investments	0	0	0	0	0
Accounts Receivable	13.17M	7.96M	8.55M	7.28M	4.17M
Days Sales Outstanding	128.19	60.95	56.41	104.43	70.6
Inventory	9.94M	10.95M	13.13M	8.54M	6.43M
Days Inventory Outstanding	132.19	127.82	135.27	135.09	144.08
Other Current Assets	696.13K	641.03K	603.34K	628.16K	592.65K
Total Non-Current Assets+	24.97M	29.39M	29.14M	24.57M	19.87M
Property, Plant & Equipment	6.34M	8.38M	8.73M	3.75M	3.96M
Fixed Asset Turnover	5.92x	5.69x	6.34x	6.79x	5.45x
Goodwill	0	0	0	0	0
Intangible Assets	18.63M	19.9M	19.31M	20.52M	15.92M
Long-Term Investments	0	0	0	0	0
Other Non-Current Assets	0	1.1M	1.11M	300K	-1K
Total Assets+	60.66M	64.2M	68.05M	54.32M	40.81M
Asset Turnover	0.62x	0.74x	0.81x	0.47x	0.53x
Asset Growth %	-	0.06%	0.06%	-0.2%	-0.25%
Total Current Liabilities+	20.46M	27.38M	37.57M	23.17M	18.9M
Accounts Payable	4.43M	3.39M	1.99M	2.35M	1.84M
Days Payables Outstanding	58.94	39.6	20.53	37.19	41.28
Short-Term Debt	6.95M	14.34M	12.11M	12.95M	12.59M
Deferred Revenue (Current)	691.32K	1000K	815.46K	775.18K	1000K
Other Current Liabilities	0	0	24.2M	0	0
Current Ratio	1.74x	1.27x	1.04x	1.28x	1.11x
Quick Ratio	1.26x	0.87x	0.69x	0.92x	0.77x
Cash Conversion Cycle	201.45	149.18	171.15	202.33	173.41
Total Non-Current Liabilities+	33.33M	28.79M	17.99M	12.97M	12.8M
Long-Term Debt	18.17M	28.61M	17.92M	12.83M	12.34M
Capital Lease Obligations	153.77K	182.63K	65.51K	133.97K	462.11K
Deferred Tax Liabilities	0	0	0	0	0
Other Non-Current Liabilities	15.01M	0	0	0	0
Total Liabilities	53.79M	56.17M	55.56M	36.14M	31.7M
Total Debt+	25.33M	43.23M	42.31M	25.98M	25.51M
Net Debt	21.77M	39.69M	37.23M	22M	22.55M
Debt / Equity	3.69x	5.39x	3.39x	1.43x	2.80x
Debt / EBITDA	15.78x	7.17x	4.84x	-	-
Net Debt / EBITDA	13.57x	6.58x	4.26x	-	-
Interest Coverage	0.19x	2.45x	3.64x	-4.63x	-3.95x
Total Equity+	6.87M	8.03M	12.49M	18.18M	9.11M
Equity Growth %	-	0.17%	0.56%	0.46%	-0.5%
Book Value per Share	0.52	0.61	0.95	1.30	0.55
Total Shareholders' Equity	6.87M	8.03M	12.49M	18.18M	9.11M
Common Stock	105.26K	105.26K	105.26K	132.43K	132.43K
Retained Earnings	0	-4.42M	358.19K	-11.58M	0
Treasury Stock	0	0	0	0	0
Accumulated OCI	6.76M	7.92M	12.39M	-370.94K	8.98M
Minority Interest	0	0	0	0	0

Cash Flow

	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	-2.6M	3.25M	5.87M	-239.23K	2.32M
Operating CF Margin %	-0.07%	0.07%	0.11%	-0.01%	0.11%
Operating CF Growth %	-	2.25%	0.81%	-1.04%	10.69%
Net Income	-1.04M	1.96M	5.21M	-11.92M	-8.8M
Depreciation & Amortization	1.29M	1.43M	1.72M	1.91M	1.45M
Stock-Based Compensation	0	0	0	0	0
Deferred Taxes	0	0	0	0	0
Other Non-Cash Items	1.36M	1.71M	1.16M	7.61M	6.71M
Working Capital Changes	-4.22M	-1.85M	-2.21M	2.16M	2.96M
Change in Receivables	3.66M	-1.67M	-360.01K	3.05M	0
Change in Inventory	790.13K	-1.01M	-2.18M	2.66M	1.05M
Change in Payables	-7.11M	100.43K	928.66K	-3.51M	0
Cash from Investing+	-3.14M	-2.48M	-1.43M	-1.15M	-704.8K
Capital Expenditures	-3.09M	-2.54M	-1.52M	-1.17M	-754.76K
CapEx % of Revenue	0.08%	0.05%	0.03%	0.05%	0.04%
Acquisitions	-	-	-	-	-
Investments	-	-	-	-	-
Other Investing	-60.96K	61.44K	351.86K	19.95K	49.96K
Cash from Financing+	5.88M	395.17K	-2.54M	-286.82K	-2.04M
Debt Issued (Net)	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-
Dividends Paid	0	0	0	0	0
Share Repurchases	-	-	-	-	-
Other Financing	-1.47M	-1.74M	-1.81M	-1.5M	-249.42K
Net Change in Cash	-	-	-	-	-
Free Cash Flow+	-5.69M	711.92K	4.35M	-1.41M	1.56M
FCF Margin %	-0.15%	0.01%	0.08%	-0.06%	0.07%
FCF Growth %	-	1.13%	5.12%	-1.32%	2.11%
FCF per Share	-0.43	0.05	0.33	-0.10	0.09
FCF Conversion (FCF/Net Income)	2.20x	2.44x	1.23x	0.02x	-0.27x
Interest Paid	0	0	0	0	0
Taxes Paid	0	0	0	0	0

Key Ratios

Metric	2020	2021	2022	2023	2024
Return on Equity (ROE)	-17.22%	17.89%	46.58%	-77.81%	-63.97%
Return on Invested Capital (ROIC)	0.81%	9.03%	10.8%	-12.4%	-7.74%
Gross Margin	26.78%	34.42%	35.99%	9.37%	24.41%
Net Margin	-3.15%	2.79%	8.64%	-46.88%	-40.52%
Debt / Equity	3.69x	5.39x	3.39x	1.43x	2.80x
Interest Coverage	0.19x	2.45x	3.64x	-4.63x	-3.95x
FCF Conversion	2.20x	2.44x	1.23x	0.02x	-0.27x
Revenue Growth	-	27.15%	16.05%	-54%	-15.39%

Revenue by Geography

	2023	2024
North America	110.06K	554.18K
North America Growth	-	403.54%
Africa	-	27.06K
Africa Growth	-	-
South East Asia	395.42K	-
South East Asia Growth	-	-

Frequently Asked Questions

Growth & Financials

Nature Wood Group Limited American Depositary Shares (NWGL) reported $37.1M in revenue for fiscal year 2024. This represents a 1% decrease from $37.5M in 2020.

Nature Wood Group Limited American Depositary Shares (NWGL) saw revenue decline by 15.4% over the past year.

Nature Wood Group Limited American Depositary Shares (NWGL) reported a net loss of $10.9M for fiscal year 2024.

Dividend & Returns

Nature Wood Group Limited American Depositary Shares (NWGL) has a return on equity (ROE) of -64.0%. Negative ROE indicates the company is unprofitable.

Nature Wood Group Limited American Depositary Shares (NWGL) had negative free cash flow of $1.0M in fiscal year 2024, likely due to heavy capital investments.

← Back to Screener