Bright Sheland International Co Ltd

Bright Sheland International Co Ltd

TTPEX:4556
120.00
TWD
-13.00
(-9.77%)
1.07EPS
67.88P/E
3.07BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
13.92
13.06
12.14
10.09
11.24
13.96
12.27
12.06
13.96
16.53
14.27
16.53
15.91
16.48
Basic EPS, GAAP
1.64
1.26
0.86
0.35
0.39
1.74
0.99
0.49
0.29
0.77
0.1
0.34
0.92
1.07
Free Cash Flow per Basic Share
1.35
-0.54
-2.05
-4.57
-0.67
1.49
0.1
-7.14
-3.38
0.67
3.25
1.64
1.91
2.36
Dividend per Share
0.49
1.35
0.68
0.73
0.35
0.36
1.28
0.69
0.45
0.35
0.51
0.25
0.3
- -
Book Value per Share
13.2
15.7
17.22
16.44
16.2
17.57
18.84
18.53
18.47
19.85
19.15
19.67
19.51
19.61
Tangible Book Value per Share
13.16
15.63
17.16
16.32
16.06
17.46
18.74
18.45
18.43
19.82
19.11
19.63
19.5
19.6
Basic Weighted Avg Shares
28
30
33
36
36
36
41
42
42
42
42
42
42
42
Sales/Revenue/Turnover
394
390
401
366
408
497
500
509
591
699
604
699
673
700
Operating Margin (%)
13.82
10.46
6.9
1.44
5.61
15.77
10.82
5.88
5.53
8.83
6.88
5.83
9.18
9.42
Depreciation Expense
18
19
17
18
27
28
34
34
46
56
61
65
60
59
Net Income, GAAP
46
38
29
13
14
62
40
21
12
33
4
14
39
45
Effective Tax Rate (%)
23.03
21.81
34.11
27.51
33.59
26
21.98
20.5
32.32
34.23
75.52
50.72
27.85
26.98
Profit Margin (%)
11.78
9.64
7.11
3.46
3.48
12.48
8.08
4.08
2.1
4.67
0.68
2.04
5.79
6.49
Working Capital
244
329
312
306
285
312
500
594
390
106
188
294
173
141
LT Debt
45
33
21
181
178
163
222
633
547
275
314
338
202
162
Total Equity
374
517
624
596
587
637
794
784
782
841
811
832
825
830
Return on Invested Capital (%)
10.05
6.46
2.75
0.47
1.72
6.2
4.16
1.75
1.33
2.28
0.57
1.35
3.06
3.35
Return on Capital (%)
11.49
7.85
4.4
1.63
1.88
7.08
4.4
1.99
1.49
2.7
0.54
1.38
3.35
3.82
Return on Common Equity (%)
13.17
8.43
5
2.08
2.4
10.13
5.65
2.63
1.58
4.03
0.5
1.74
4.71
5.78

Capital Structure

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
438
456
554
LT Borrowings
148
123
113
LT Finance Leases
54
52
50
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
42
Market Capitalization
1,003
1,125
3,071

Working Capital

TWD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
708
704
855
Cash, Cash Equivalents & STI
291
301
416
Accounts Receivable, Net
152
138
150
Inventories
223
226
244
Total Current Liabilities
535
548
713
Payables & Accruals
- -
- -
- -
ST Debt
438
456
554
Deferred Revenue
- -
- -
- -

Growth Rates

TWD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.14%
1.1%
-0.78%
Free Cash Flow
-793.07%
35.38%
16.62%
Net Income, GAAP
66.56%
91.19%
173.2%
Sales/Revenue/Turnover
5.97%
6.57%
-3.75%
Total Cash Common Dividend
- -
-7.97%
21.2%

Quarterly Revenue

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
163
188
172
177
699
2025
142
175
160
196
673
2026
168
175
- -
- -
- -

Quarterly Earnings Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.04
0.04
0.19
0.15
0.34
2025
0.02
0.2
0.27
0.43
0.92
2026
0.13
0.24
- -
- -
- -

Quarterly Dividends Per Share

TWD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.25
2025
- -
- -
- -
- -
0.3
2026
- -
- -
- -
- -
- -

Company Description

CEO
Chung-Hsiun Chang
Full Time Employees
38
Sector
Producer manufacturing
Industry
Industrial machinery
Address
No. 15, Kejia 6th Road Douliou Taiwan 640-104
IPO Date
Dec 22, 2015
Business
Bright Sheland International Co., Ltd. researches, develops, manufactures, markets and sells industrial filtration and separation systems under the Filtrafine brand in Taiwan and internationally. The company offers melt-blown, string wound-fine, activated carbon, membrane, stainless steel, high flow and glass fiber filter cartridges, as well as pleated cartridges; plastic-type, single round, single-bag, multi-bag, sanitary, high flow and multi-round filter housings; filter bags and bag filter housings; modular bag housing skids; UV disinfection and TOC reduction units; and spare parts, along with technical support and after-sales services. Founded in 1985 and headquartered in Douliu City, Yunlin County, Taiwan, Bright Sheland serves the microelectronics, semiconductor, chemical processing, oil and gas, water treatment, food and beverage and pharmaceutical industries across domestic and overseas markets including Asia and the Americas. The company maintains a facility in Vietnam for production of PP staple fiber, PP yarn and needle punch felt to support expanded manufacturing capabilities. In 2025, Bright Sheland reports sustained U.S. order momentum targeting double-digit revenue growth, alongside a per-share dividend of NT$0.3 following 2024 earnings per share of NT$0.34.