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NWGL · NASDAQ · Paper, Lumber & Forest Products

CL Workshop Group (ADR) (NWGL)

Trades timber, flooring, decking, and related wood products across borders.

$1.31
vs last close−0.01 (−1.14%)
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CL Workshop Group LimitedNWGL
Materials

Sells logs, sawn timber, flooring, decking, and related products to importers, retailers, and processors through cross-border trading. The operating model emphasizes sourcing, product mix, and logistics after moving away from some forest-management assets.

Trades logs, sawn timber, flooring, decking, recycled charcoal, and related wood products, buying or sourcing goods for resale to importers, retailers, and processors. The portfolio is served through subsidiaries in Peru, France, Hong Kong, and Macau, with customers across China, Europe, other Asian markets, North America, and South America.

Following the disposal of certain Peruvian forest-management subsidiaries and a change in controlling ownership, operations have shifted from an earlier vertically integrated forestry position toward a trading-centered model. The approach centers on sourcing, product-mix optimization, and matching wood products with cross-border demand. Performance depends on third-party timber availability, purchasing terms, inventory and logistics discipline, construction-linked demand, and freight, customs, and timber-origin rules. Public shareholders hold ADS interests in a British Virgin Islands parent above the operating subsidiaries.

Company facts

CEOLiying Wang
ListedSep 12, 2023
ExchangeNASDAQ
HeadquartersMacau, China
CountryChina
Employees40
CIK0001948294
ISINUS63903R1068

Market cap$21.9M
EPS (ttm)−$0.3568
P/E (ttm)−3.70
ROE-87.5%
P/B5.79
P/S1.49
Dividend yieldDiv yield
Beta1.14vs XLB 0.00

No analyst consensus on record.

EPSReportedEstimate

May '26
Reported−$0.36
Estimate
Surprise

RevenueReportedEstimate

May '26
Reported$6.5M
Estimate
Surprise
Estimate
Reported−$0.36
Estimate
Reported$6.5M
View details

Debt to equity169.30%
Current ratio131.20%

ProfitabilityRevenueNet incomeNet margin

Q3 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Revenue$14.8M$9.6M$15.5M$4.9M$11.9M$4.8M$8.2M$6.5M
Net income$1.1M−$124.2K−$994.1K−$5.5M−$234.4K−$4.2M$57.3K−$5.9M
Net margin7.7%0.0%0.0%0.0%0.0%0.0%0.7%0.0%

GrowthOperating income

Q3 FY22Q4 FY22Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25
Operating income$2.2M−$612.3K−$1.2M−$3.1M−$16.2K−$1.8M−$196.6K−$2.7M
YoY growthTurned lossTurned lossLoss widenedLoss narrowedLoss narrowedLoss widenedLoss widened

Balance sheet, Dec 31, 2025Cash & short-term investments $966.8K · Total debt $6.4M · Total assets $14.4M · Shareholders' equity $3.8M

Revenue
$6.5M
Operating income
−$2.7M
Net income
−$5.9M
View details

No dividends on record.

Institutions3.25%538.3K ADS
4 holders · as of Jun 30, 2026
Other96.75%16.01M ADS
remainder

16.55M ADS (1 ADS = 8 ordinary shares) as of Sep 13, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
HRT Financial LPInstitution
2.66%441,019 ADSas of Jun 30, 2026
XTX Topco LtdInstitution
0.46%76,029 ADSas of Jun 30, 2026
Smartharvest Portfolios, LLCInstitution
0.10%16,177 ADSas of Jun 30, 2026
UBS Group AGInstitution
0.03%5,025 ADSas of Jun 30, 2026
Pan SeStrategic
70.18% of class, as filedfiled Feb 8, 2024

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jun 26, 2026HRT Financial LP10 percent owner−21,150$0.2490
Jun 25, 2026HRT Financial LP10 percent owner+172,579$0.0230
View details

  • West Fraser Timber

    Large-scale rival in lumber, panels, and engineered wood.

  • Weyerhaeuser

    Scaled timber and lumber supplier across core wood-product channels.

  • UFP Industries

    Manufactured-wood and distribution rival for retail and industrial channels.

  • Boise Cascade

    Wood-products maker and distributor serving building-material channels.

  • Trex Company

    Category rival in decking and outdoor-living projects.

Compare

CompanyPriceChange
CL Workshop Group (ADR)$1.31−1.14%$21.9M1.5
West Fraser Timber$74.13+2.82%$5.48B822.21.1−7.9%
Weyerhaeuser$21.49+2.26%$15.15B31.851.02.2−0.9%
UFP Industries$82.56+2.86%$4.53B18.516.20.7+2.6%
Boise Cascade$78.13+3.26%$2.66B25.617.80.4+5.2%
Trex Company$43.96+2.47%$4.46B25.522.83.7+7.8%
Median25.622.81.1+2.6%