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B

Bright Sheland International Co 4556.TWO · TWD

Industrials · Taipei Exchange · 🇹🇼 Taiwan

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90.00

+4.77%

Close of 9 Nov 2026, in TWD

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At a glance

Figures in TWD, from our data supplier.

FY2025

Revenue

TWD 673.2m

FY2016FY2025

Net income

TWD 39.0m

FY2016FY2025

Free cash flow

TWD 81.0m

FY2016FY2025

Shareholders' equity

TWD 825.5m

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueTWD 673.2mTWD 699.4mTWD 603.6mTWD 699.3mTWD 590.7mTWD 509.1mTWD 500.5mTWD 496.6mTWD 407.8mTWD 365.9m
Gross profitTWD 266.1mTWD 240.6mTWD 233.2mTWD 250.6mTWD 211.1mTWD 204.6mTWD 218.9mTWD 249.5mTWD 169.5mTWD 158.5m
Research and developmentTWD 9.8mTWD 8.9mTWD 7.2mTWD 5.3mTWD 9.9mTWD 17.1mTWD 19.0mTWD 18.2mTWD 22.8mTWD 21.8m
Operating incomeTWD 61.8mTWD 40.7mTWD 38.1mTWD 72.7mTWD 36.4mTWD 33.8mTWD 54.2mTWD 77.6mTWD 22.9mTWD 5.3m
Net incomeTWD 39.0mTWD 14.3mTWD 4.1mTWD 32.7mTWD 12.4mTWD 20.8mTWD 40.5mTWD 62.0mTWD 14.2mTWD 12.7m
Diluted earnings per share1.000.360.100.780.300.501.031.580.360.35

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsTWD 1.59bnTWD 1.58bnTWD 1.62bnTWD 1.85bnTWD 1.80bnTWD 1.67bnTWD 1.18bnTWD 1.07bnTWD 1.02bnTWD 997.0m
Cash and short-term investments——TWD 261.3mTWD 359.7mTWD 336.2mTWD 436.7m———TWD 155.9m
Total liabilitiesTWD 763.0mTWD 751.5mTWD 804.0mTWD 1.01bnTWD 1.02bnTWD 883.0mTWD 387.0mTWD 436.3mTWD 427.8mTWD 400.7m
DebtTWD 147.8mTWD 306.3mTWD 703.0mTWD 914.8mTWD 857.5mTWD 772.5mTWD 221.4mTWD 163.2mTWD 178.4mTWD 289.5m
Shareholders' equityTWD 825.5mTWD 832.0mTWD 810.2mTWD 839.6mTWD 781.1mTWD 784.0mTWD 794.1mTWD 637.2mTWD 587.4mTWD 596.3m
Shares outstanding39m39m43m42m42m42m39m39m39m36m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsTWD 100.9mTWD 76.5mTWD 145.0mTWD 86.5m−TWD 27.6mTWD 8.8mTWD 64.7mTWD 60.1mTWD 32.0m−TWD 19.3m
Capital spending−TWD 20.0m−TWD 7.0m−TWD 7.7m−TWD 58.1m−TWD 115.4m−TWD 310.4m−TWD 29.7m−TWD 6.2m−TWD 54.3m−TWD 146.3m
Free cash flowTWD 81.0mTWD 69.4mTWD 137.3mTWD 28.5m−TWD 143.0m−TWD 301.6mTWD 35.0mTWD 53.9m−TWD 22.3m−TWD 165.6m
Dividends paid−TWD 12.7m−TWD 10.5m−TWD 21.8m−TWD 14.7m−TWD 18.8m−TWD 29.2m−TWD 52.2m−TWD 12.7m−TWD 12.7m−TWD 26.4m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueTWD 175.4mTWD 168.5mTWD 195.7mTWD 160.4mTWD 174.9mTWD 142.2mTWD 177.3mTWD 171.8m
Gross profitTWD 69.2mTWD 61.6mTWD 82.3mTWD 68.4mTWD 65.5mTWD 49.9mTWD 65.7mTWD 63.5m
Operating income—TWD 10.0mTWD 28.2mTWD 15.5mTWD 15.0mTWD 6.7m——
Net incomeTWD 10.1mTWD 5.6mTWD 18.3mTWD 11.4mTWD 8.3mTWD 972,000TWD 6.5mTWD 7.8m
Diluted earnings per share0.260.140.470.290.210.020.170.20
Cash from operationsTWD 32.0mTWD 30.0mTWD 30.0mTWD 29.0mTWD 41.0m−TWD 1.0mTWD 29.0mTWD 32.0m
Capital spending—−TWD 4.0m−TWD 12.0m−TWD 5.0m—−TWD 1.0m−TWD 3.0m−TWD 1.0m
Free cash flow—TWD 26.0mTWD 18.0mTWD 24.0m—−TWD 2.0mTWD 26.0mTWD 31.0m
Total assetsTWD 1.74bnTWD 1.59bnTWD 1.59bnTWD 1.55bnTWD 1.50bnTWD 1.61bnTWD 1.58bnTWD 1.60bn
DebtTWD 112.6mTWD 123.2mTWD 147.8mTWD 263.0mTWD 266.3mTWD 281.7mTWD 306.3mTWD 322.8m
Shareholders' equityTWD 829.6mTWD 842.9mTWD 825.5mTWD 778.0mTWD 741.4mTWD 841.5mTWD 832.0mTWD 836.7m

Financial ratios

Data as of 5 Nov 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin39.5%34.4%38.6%35.8%35.7%40.2%
Operating margin10.2%6.0%6.3%10.4%6.2%6.6%
Net margin5.8%2.0%0.7%4.7%2.1%4.1%
Return on equity4.7%1.7%0.5%3.9%1.6%2.7%
Return on assets2.5%0.9%0.3%1.8%0.7%1.2%
Free cash flow yield—2.4%3.9%3.8%2.3%8.5%
Revenue growth-3.7%15.9%-13.7%18.4%16.0%1.7%
Earnings growth173.2%246.9%-87.4%163.7%-40.4%-48.6%
Current ratio1.32x1.76x1.40x1.15x1.90x3.79x
Debt to equity0.18x0.37x0.82x1.03x1.10x0.98x
Equity ratio52.0%52.5%50.2%45.4%43.4%47.0%
Interest coverage4.78x3.27x2.07x3.63x2.15x5.28x
R&D as a share of sales1.5%1.3%1.2%0.8%1.7%3.4%
Buybacks as a share of market value—9.0%-2.8%0.0%0.0%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue-1.3%5.7%5.3%
Operating income-5.3%12.9%8.4%
Net income6.1%13.4%3.2%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin36.9%37.0%37.2%39.9%
Operating margin7.5%8.0%7.5%7.9%
Net margin3.9%3.4%3.3%4.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings23.887.3295.339.0105.263.832.921.681.383.0
Price to sales1.41.82.01.82.22.62.72.72.82.9

Dividends and splits

Per share, in the currency the company pays

Paid for 4 years. Last went ex-dividend on 14 Jul 2025.

FY2025FY2024FY2023FY2022
Paid in the year0.300.250.5150.347
  • 1010-for-1000 split · 28 Aug 2024

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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