Nature Wood Group Limited Sponsored ADR (NWGL) AI Stock Analysis

• Market Cap: $19.70M
• Dividend Yield: N/A
• Average Volume (3M): 15.61K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.44
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: US
• Employees: 151
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): N/A
• Shares Outstanding: 16,553,165
• 10 Day Avg. Volume: 16,663
• 30 Day Avg. Volume: 15,605
• PEG Ratio: 0.06
• Price to Book (P/B): 2.14
• Price to Sales (P/S): 0.91
• P/FCF Ratio: 12.48
• Enterprise Value/Market Cap: 2.14
• Enterprise Value/Revenue: 2.52
• Enterprise Value/Gross Profit: 9.48
• Enterprise Value/Ebitda: -31.38
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 47 Neutral
• Price Target: $1.00 ▼(-20.63% Downside)

The score is held down primarily by weak fundamentals—large recent losses and elevated leverage with shrinking equity—despite improved operating/free cash flow in 2024. Technical indicators are moderately supportive with the stock trading above key moving averages and positive MACD, but negative earnings also limit valuation support.

Positive Factors

Improved Cash Generation

Operating and free cash flow returning to positive provides durable internal funding to service obligations and fund operations without immediate external financing. Sustained cash generation improves ability to de-risk the balance sheet, support working capital, and execute restructuring or growth initiatives over months.

Gross Margin Recovery

An improving gross margin signals progress on pricing, input cost control, or product mix that can structurally boost profitability if maintained. Margin recovery reduces the degree of operating leverage required to return to profits and supports longer-term cash generation and competitive positioning.

New Controlling Shareholder and Management

A decisive change in control and a refreshed executive team can bring strategic clarity, access to new resources and stronger governance focus. If new owners and management deliver coherent strategy execution, this can materially improve capital allocation, operational turnaround and medium-term prospects.

Negative Factors

High Leverage

Elevated debt relative to equity constrains financial flexibility and raises solvency risk, especially amid operating losses. High leverage increases interest and refinancing exposure, limiting ability to invest or absorb shocks and extending recovery timelines unless profitability and cash flow materially improve.

Sustained Profitability Deterioration

A multi-year shift to large losses erodes equity, reduces reinvestment capacity, and harms returns on capital. Persistent negative margins undermine the business model's resilience and require substantive operational or market improvements to restore sustainable profit-generation and reverse capital erosion.

Volatile, Declining Revenue

Volatile and structurally lower revenue reduces scale benefits, pressures margins, and makes planning and investment riskier. Without stable topline growth, margin gains and cash flow improvements are fragile, limiting the firm's ability to sustainably deleverage or fund strategic initiatives over the medium term.

Nature Wood Group Limited Sponsored ADR Business Overview & Revenue Model

Company Description

CL Workshop 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.

How the Company Makes Money

Nature Wood Group Limited generates revenue primarily through the sale of its timber and wood products. The company engages in the cultivation, harvesting, and processing of wood, which is then sold to a diverse customer base, including construction companies, furniture manufacturers, and paper producers. The company may also enter into strategic partnerships with other businesses for distribution or joint ventures to enhance its market reach. Additionally, Nature Wood Group Limited might leverage its expertise in sustainable forestry management to offer consulting services or license its practices to other forestry operations. Key factors contributing to its earnings include its ability to maintain sustainable forestry practices, manage costs effectively, and meet the demand for wood products across different industries.

Nature Wood Group Limited Sponsored ADR Financial Statement Overview

Summary

Nature Wood Group Limited Sponsored ADR is facing considerable financial difficulties across all aspects. The consistent revenue decline, negative profitability, and high leverage pose significant risks. While there is a slight improvement in equity, cash flow issues and high debt levels require strategic financial management to enhance future stability.

Income Statement

The income statement reveals significant challenges, with deteriorating revenue and negative profitability metrics. Gross profit and net income have significantly declined, leading to negative EBIT and EBITDA margins. The company faces substantial revenue contraction, indicated by a steep revenue decline of 32.1% from 2022 to 2023.

Balance Sheet

The balance sheet shows high leverage, with a debt-to-equity ratio that is concerning due to negative equity in 2022 and a substantial stockholders' equity decrease. Although improved to positive equity in 2023, the equity ratio remains weak. Liabilities outpace assets, indicating potential risk in financial stability.

Cash Flow

Cash flow analysis highlights a negative trend, with a significant decline in operating and free cash flow. The operating cash flow turned negative, and free cash flow worsened, reflecting potential liquidity challenges. The ratios of cash flows to net income indicate inefficiency and financial stress.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	21.54M	25.46M	55.34M	47.68M	37.50M
Gross Profit	5.26M	2.39M	19.92M	16.41M	10.04M
EBITDA	-6.52M	-8.57M	8.74M	5.90M	1.73M
Net Income	-8.73M	-11.93M	4.78M	1.33M	-1.18M
Balance Sheet
Total Assets	40.81M	54.32M	68.05M	64.20M	60.66M
Cash, Cash Equivalents and Short-Term Investments	2.96M	3.98M	5.08M	3.55M	3.55M
Total Debt	25.51M	25.98M	42.31M	43.23M	25.33M
Total Liabilities	31.70M	36.14M	55.56M	56.17M	53.79M
Stockholders Equity	9.11M	18.18M	12.49M	8.03M	6.87M
Cash Flow
Free Cash Flow	1.56M	-1.41M	4.35M	711.92K	-5.69M
Operating Cash Flow	2.32M	-239.23K	5.87M	3.25M	-2.60M
Investing Cash Flow	-704.80K	-1.15M	-1.43M	-2.48M	-3.14M
Financing Cash Flow	-2.04M	-286.82K	-2.54M	395.17K	5.88M

Nature Wood Group Limited Sponsored ADR Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1.26
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For NWGL, the sentiment is Negative. The current price of 1.26 is below the 20-day moving average (MA) of 1.30, above the 50-day MA of 1.23, and below the 200-day MA of 1.35, indicating a bearish trend. The MACD of -0.01 indicates Positive momentum. The RSI at 40.64 is Neutral, neither overbought nor oversold. The STOCH value of 13.36 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for NWGL.

Nature Wood Group Limited Sponsored ADR Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UFPI	68 Neutral	$6.09B	19.51	9.78%	1.53%	-3.90%	-25.97%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
MATV	58 Neutral	$722.34M	-1.63	-68.33%	3.26%	0.39%	-505.56%
MERC	49 Neutral	$178.17M	-1.06	-39.37%	10.77%	-5.85%	9.13%
NWGL	47 Neutral	$19.70M	-2.29	―	―	―	―
CLW	46 Neutral	$326.06M	-2.06	-10.47%	―	-21.76%	-1214.73%
JCTC	44 Neutral	$7.92M	-1.01	-18.10%	―	-12.40%	-668.91%

Nature Wood Group Limited Sponsored ADR Corporate Events

CL Workshop Group Adopts 2026 Equity Incentive Plan and Uses Nasdaq Home-Country Governance Exemption

On January 1, 2026, CL Workshop Group Limited’s 2026 Equity Incentive Plan took effect after being approved and adopted by its board of directors, establishing a new framework for granting equity-based compensation to its officers, directors, employees and consultants. Leveraging Nasdaq’s home-country practice exemption, the British Virgin Islands-incorporated issuer has elected not to seek shareholder approval for this and similar equity compensation plans as would otherwise be required under Nasdaq Rule 5635(c), while affirming that, aside from this exemption, its corporate governance practices do not materially differ from those of domestic U.S. companies, a move that may streamline compensation decisions but reduces direct shareholder involvement in equity plan approvals.

The most recent analyst rating on (NWGL) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Nature Wood Group Limited Sponsored ADR stock, see the NWGL Stock Forecast page.

CL Workshop Group Posts Lower H1 2025 Revenue as New Owners, Dual-Class Structure and Rebrand Take Effect

On December 29, 2025, CL Workshop Group Limited reported unaudited interim results for the six months ended June 30, 2025, showing revenue of about $8.9 million, down 24.8% year-on-year amid weaker global demand and pricing in homebuilding and renovation markets, particularly in China and Europe. Despite the topline decline, the company swung to a modest profit of roughly $0.1 million from a loss a year earlier, helped by lower selling and distribution expenses and gains from the disposal of a discontinued operation, even as administrative costs rose due to product mix expansion and earnings per share remained below $0.01. Also on December 29, 2025, the company completed a broad corporate overhaul following an October 22, 2025 share purchase agreement, under which new investors acquired around 86.82% of outstanding shares, prompting the resignation of the prior chairman, CEO, CFO and other executives on November 3 and the appointment of a new CEO, CFO and chief strategy officer, a rebranding to CL Workshop Group Limited, and a major share reorganization that increased authorized capital to 8 billion shares and introduced dual-class stock with high-vote Class B shares, consolidating control among key holders.

Nature Wood Group Limited Announces Name Change and Share Reorganization

On December 16, 2025, Nature Wood Group Limited held its Annual General Meeting of Shareholders, where key proposals were approved, including changing the company’s name to CL Workshop Group Limited and implementing a share reorganization. The share reorganization involves redesignating and reclassifying shares into Class A and Class B ordinary shares, and adopting a second amended and restated memorandum and articles of association. These changes are expected to take effect on December 29, 2025, potentially impacting the company’s market presence and shareholder structure.

Nature Wood Group Announces AGM and Strategic Changes

Nature Wood Group Limited announced it will hold its annual general meeting on December 16, 2025, in Shenzhen, China. The meeting will address several key resolutions, including a proposed name change to CL Workshop Group Limited and a significant share reorganization. The share reorganization will increase the authorized shares from 200 million to 8 billion, divided into Class A and Class B shares, which could impact voting rights and shareholder structure. These changes reflect the company’s strategic efforts to enhance its corporate structure and market positioning.

Nature Wood Group Limited Announces Leadership Reshuffle

On November 3, 2025, Nature Wood Group Limited announced significant changes in its leadership team, with the resignation of key directors and officers including Mr. Hok Pan SE, Mr. Zhihua LIANG, Mr. Kam Pang CHIM, and Mr. Hubei SONG. These resignations were not due to any disagreements with the company. The board has appointed Ms. Liying WANG as the new Director and Chief Executive Officer, Ms. Hong WANG as Director and Chief Financial Officer, and Mr. Zhilin CAI as Chief Strategy Officer. The new appointees bring diverse experiences in corporate management, financial management, and strategic planning, which are expected to provide valuable leadership to the company.

Nature Wood Group Limited Announces Change in Controlling Shareholder

On October 22, 2025, Nature Wood Group Limited announced a significant change in its controlling shareholder following the completion of a private share transfer transaction. An aggregate of 114,974,179 ordinary shares, representing approximately 86.82% of the company’s issued and outstanding ordinary shares, were transferred from several sellers to TUTU Business Services Limited and other purchasers. This transaction, which did not involve the issuance of new shares by the company, resulted in TUTU Business Services Limited becoming the controlling shareholder. The change in control could potentially impact the company’s strategic direction and market positioning.