Nature Wood Group Limited American Depositary Shares(NWGL)Earnings, Financials & Key Ratios
NWGL•NASDAQ
$0.95
$16M mkt cap·Price updated May 6, 2026
SectorBasic MaterialsIndustryPaper & Forest ProductsSub-IndustryIntegrated forestry and 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 Margin24.41%+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/Equity2.80+96.0%
- Interest Coverage-3.95+14.7%
NWGL Key Insights
Nature Wood Group Limited American Depositary Shares (NWGL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
No significant strengths identified
✗Weaknesses
- ✗High debt to equity ratio of 2.8x
- ✗Weak momentum: RS Rating 11 (bottom 11%)
- ✗Shares diluted 18.3% in last year
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
NWGL Price & Volume
Nature Wood Group Limited American Depositary Shares (NWGL) stock price & volume — 10-year historical chart
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NWGL Growth Metrics
Nature Wood Group Limited American Depositary Shares (NWGL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-23.27%
TTM-
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-
Return on Capital
10 Years-0.9%
5 Years-0.9%
3 Years-5.74%
Last Year-13.97%
NWGL Peer Comparison
Nature Wood Group Limited American Depositary Shares (NWGL) competitors in Integrated forestry and wood processing — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 RYN | 3.28B | 21.19 | 48.16 | -61.64% | 56.97% | 12.57% | 0.48 | |
 PCH | 3.23B | 41.73 | 149.04 | 3.71% | 5.76% | 3.26% | 0.51 | |
 WY | 17.33B | 24.04 | 53.42 | -3.07% | 5.74% | 4.2% | 0.59 | |
 LPX | 5.06B | 72.49 | 34.85 | -7.92% | 3.2% | 4.72% | 0.23 | |
 UFPI | 4.79B | 84.26 | 16.85 | -4.99% | 4.27% | 8.41% | 0.07 | |
 WFG | 4.77B | 62.73 | -5.15 | 23.51% | -25.15% | -19.85% | 0.06 | |
 AMWD | 566.17M | 38.86 | 5.98 | -7.47% | 1.15% | 1.95% | 0.56 | |
 CAT | 431.16B | 926.64 | 49.21 | 4.29% | 13.31% | 47.51% | 2.03 |
Compare NWGL vs Peers
Nature Wood Group Limited American Depositary Shares (NWGL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
NWGL Income Statement
Nature Wood Group Limited American Depositary Shares (NWGL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Sales/Revenue | 37.5M | 47.68M | 55.34M | 25.46M | 21.54M |
| Revenue Growth % | - | 27.15% | 16.05% | -54% | -15.39% |
| Cost of Goods Sold | 27.46M | 31.27M | 35.42M | 23.07M | 16.28M |
| COGS % of Revenue | 73.22% | 65.58% | 64.01% | 90.63% | 75.59% |
| Gross Profit | 10.04M▲ 0% | 16.41M▲ 63.4% | 19.92M▲ 21.3% | 2.39M▼ 88.0% | 5.26M▲ 120.4% |
| Gross Margin % | 26.78% | 34.42% | 35.99% | 9.37% | 24.41% |
| Gross Profit Growth % | - | 63.4% | 21.35% | -88.02% | 120.42% |
| Operating Expenses | 10.39M | 12.69M | 13.65M | 9.82M | 8.96M |
| OpEx % of Revenue | 27.69% | 26.61% | 24.67% | 38.56% | 41.61% |
| Selling, General & Admin | 10.43M | 12.69M | 13.65M | 9.82M | 8.96M |
| SG&A % of Revenue | 27.8% | 26.61% | 24.67% | 38.56% | 41.61% |
| Research & Development | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 310.27K▲ 0% | 4.6M▲ 1382.2% | 7.02M▲ 52.6% | -7.43M▼ 205.9% | -3.71M▲ 50.1% |
| Operating Margin % | 0.83% | 9.64% | 12.68% | -29.19% | -17.2% |
| Operating Income Growth % | - | 1382.15% | 52.59% | -205.89% | 50.13% |
| EBITDA | 1.6M | 6.03M | 8.73M | -5.52M | -2.25M |
| EBITDA Margin % | 4.28% | 12.65% | 15.78% | -21.68% | -10.46% |
| EBITDA Growth % | - | 275.79% | 44.79% | -163.2% | 59.16% |
| 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▲ 0% | 1.96M▲ 289.4% | 5.21M▲ 165.8% | -11.98M▼ 329.8% | -8.8M▲ 26.5% |
| Pretax Margin % | -2.76% | 4.11% | 9.42% | -47.05% | -40.87% |
| Income Tax | 147.51K | 628.25K | 431.93K | -42.82K | -73.52K |
| Effective Tax Rate % | -14.25% | 32.04% | 8.29% | 0.36% | 0.84% |
| Net Income | -1.18M▲ 0% | 1.33M▲ 212.7% | 4.78M▲ 258.7% | -11.93M▼ 349.7% | -8.73M▲ 26.9% |
| Net Margin % | -3.15% | 2.79% | 8.64% | -46.88% | -40.52% |
| Net Income Growth % | - | 212.65% | 258.7% | -349.71% | 26.86% |
| 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% | 0.10▲ 211.6% | 0.36▲ 260.0% | -0.88▼ 344.4% | -0.53▲ 39.8% |
| EPS Growth % | - | 211.61% | 260% | -344.44% | 39.77% |
| 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 | - | - | - | - | - |
NWGL Balance Sheet
Nature Wood Group Limited American Depositary Shares (NWGL) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| 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▲ 0% | 64.2M▲ 5.8% | 68.05M▲ 6.0% | 54.32M▼ 20.2% | 40.81M▼ 24.9% |
| Asset Turnover | 0.62x | 0.74x | 0.81x | 0.47x | 0.53x |
| Asset Growth % | - | 5.83% | 5.99% | -20.17% | -24.88% |
| 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 | 1.42M | 815.46K | 775.18K | 2.77M |
| 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▲ 0% | 8.03M▲ 16.9% | 12.49M▲ 55.6% | 18.18M▲ 45.6% | 9.11M▼ 49.9% |
| Equity Growth % | - | 16.86% | 55.61% | 45.55% | -49.91% |
| 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 |
NWGL Cash Flow Statement
Nature Wood Group Limited American Depositary Shares (NWGL) cash flow — operating, investing & free cash flow history
| Line item | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 |
|---|---|---|---|---|---|
| Cash from Operations | -2.6M | 3.25M | 5.87M | -239.23K | 2.32M |
| Operating CF Margin % | -6.93% | 6.82% | 10.61% | -0.94% | 10.77% |
| Operating CF Growth % | - | 225.04% | 80.57% | -104.07% | 1069.48% |
| 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 | 8.23% | 5.33% | 2.74% | 4.61% | 3.5% |
| Acquisitions | 13.2K | 1.48K | 38.14K | 22.52K | 0 |
| 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) | 3.31M | 2.13M | -735.99K | -3.88M | -1.8M |
| Equity Issued (Net) | 1000K | 0 | 0 | 1000K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -4.28M | -6.5M | -7.53M | 0 | 0 |
| Other Financing | -1.47M | -1.74M | -1.81M | -1.5M | -249.42K |
| Net Change in Cash | -130.49K▲ 0% | -8.66K▲ 93.4% | 1.54M▲ 17851.8% | -1.1M▼ 171.8% | -1.02M▲ 7.9% |
| Free Cash Flow | -5.69M▲ 0% | 711.92K▲ 112.5% | 4.35M▲ 511.7% | -1.41M▼ 132.5% | 1.56M▲ 210.7% |
| FCF Margin % | -15.17% | 1.49% | 7.87% | -5.55% | 7.26% |
| FCF Growth % | - | 112.52% | 511.68% | -132.46% | 210.69% |
| 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 |
NWGL Key Ratios
Nature Wood Group Limited American Depositary Shares (NWGL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet 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% |
NWGL Frequently Asked Questions
Nature Wood Group Limited American Depositary Shares (NWGL) stock FAQ — growth, dividends, profitability & financials explained
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.
Explore More NWGL
Nature Wood Group Limited American Depositary Shares (NWGL) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
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Dividend History
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Earnings History
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Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
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