Strong Balance Sheet / Low LeverageA low debt-to-equity (0.30) and a high equity ratio (64.84%) provide durable financial flexibility. This capital structure supports investment in capacity or value-added products, cushions cyclical downturns, and reduces refinancing risk, sustaining strategic options over 2-6 months.
Solid Gross And EBITDA MarginsA ~33% gross margin and 10.7% EBITDA margin reflect structural operational efficiency in panel manufacturing. These margins help absorb raw-material and energy cost swings, enable continued investment in higher-margin value-added boards, and support long-term profitability resilience.
Diversified Products And Routes-to-marketA product mix of MDF, value-added boards and plywood sold through distributor, retail and project channels reduces customer concentration and suits both retail and institutional demand. This diversification supports more stable volumes and revenue sources across market cycles.