Bright Sheland International Co Ltd (4556) AI Stock Analysis

Bright Sheland International Co Ltd

(TPEx:4556)

Select Model

Rating:56Neutral

Price Target:TWD 88.00▼(-15.38% Downside)

Action:initiatedcoverage

Date:11/10/26

The score is supported by improving profitability and a stronger balance sheet, but reduced by inconsistent cash flow, weak technical momentum, declining revenue, and an expensive valuation.

Positive Factors

Margin RecoveryThe substantial margin recovery indicates that profitability has improved beyond the weak 2023–2024 period. If operating performance remains stronger, the company can retain more revenue as earnings, support internal funding, and build a more durable base for future returns.

Negative Factors

Uneven Revenue TrendThe reversal in revenue after a strong 2024 points to an inconsistent growth profile rather than a steadily expanding business. Uneven sales make future earnings harder to sustain, can reduce operating leverage, and limit confidence that the recent margin recovery will compound.

Bright Sheland International Co Ltd (4556) vs. SPDR S&P 500 ETF (SPY)

Market Cap: TWD 4.42B
Dividend Yield: 0.58%
Average Volume (3M): 936.24K
Price to Earnings (P/E): 98.6
Beta (1Y): 1.06
Revenue Growth: 5.07%
EPS Growth: 92.06%
Country: TW
Employees: 38
Sector: General
Sector Strength: 55
Industry: Industrial - Machinery

Bright Sheland International Co Ltd Business Overview & Revenue Model

Company Description

Bright Sheland International Co., Ltd. engages in the manufacture and sale of filtration separation equipment and peripheral products. Its products include Aquafine ultraviolet unit, Filtrafine filter bag, cartridge, and housing. The company mainly s...

Bright Sheland International Co Ltd Financial Statement Overview

Summary

Profitability and leverage improved, with higher margins, increased net income, lower debt, and a stable equity base. Revenue declined, return on equity remains modest, and cash-flow performance has been inconsistent.

Income Statement

67Positive

Balance Sheet

70Positive

Cash Flow

58Neutral

Financial statement breakdown
Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	699.92M	673.21M	699.42M	603.59M	699.34M	590.70M
Gross Profit	281.42M	266.09M	240.64M	233.22M	250.59M	211.10M
EBITDA	124.67M	122.93M	106.53M	95.59M	126.16M	81.44M
Net Income	45.42M	38.99M	14.27M	4.12M	32.68M	12.39M
Balance Sheet
Total Assets	1.74B	1.59B	1.58B	1.62B	1.85B	1.80B
Cash, Cash Equivalents and Short-Term Investments	415.62M	290.52M	271.14M	261.31M	359.69M	336.18M
Total Debt	716.74M	640.02M	646.05M	702.97M	914.80M	857.46M
Total Liabilities	906.17M	763.04M	751.46M	804.00M	1.01B	1.02B
Stockholders Equity	829.56M	825.49M	832.00M	810.22M	839.63M	781.13M
Cash Flow
Free Cash Flow	97.38M	80.95M	69.42M	137.28M	28.47M	-142.97M
Operating Cash Flow	123.26M	100.92M	76.47M	144.99M	86.54M	-27.56M
Investing Cash Flow	-17.55M	-13.18M	-11.41M	2.21M	-45.34M	-119.21M
Financing Cash Flow	69.74M	-58.27M	-72.50M	-244.04M	-57.06M	42.86M

Bright Sheland International Co Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

TW:4556 against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TW:9951	69Neutral	TWD 3.20B	9.05	―	7.34%	5.34%	1.56%
TW:1524	64Neutral	TWD 4.04B	11.14	―	5.71%	-11.49%	-13.91%
TW:4556	56Neutral	TWD 4.19B	98.60	―	0.58%	5.07%	92.06%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
TW:4569	54Neutral	TWD 4.24B	16.13	―	2.27%	12.32%	150.98%
TW:2243	47Neutral	TWD 3.80B	41.11	―	―	9.09%	167.63%

* General Sector Average

Performance Comparison

TW:4556 and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TW:4556	Bright Sheland International Co Ltd	104.00	78.47	307.32%
TW:1524	Gordon Auto Body Parts Co., Ltd.	24.50	-4.56	-15.68%
TW:2243	Horng Shiue Holding Co., Ltd.	48.10	37.00	333.33%
TW:4569	Sixxon Tech Co Ltd	143.00	-4.08	-2.77%
TW:7955	Car Quality Automotive Co., Ltd.	169.50	-30.50	-15.25%
TW:9951	Macauto Industrial Co., Ltd	44.35	-10.27	-18.80%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 09, 2026

Bright Sheland International Co Ltd AI Stock Analysis