Bright Sheland International Co (ROCO:4556) Gross Margin %: 36.53% (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:4556 Bright Sheland International Co Ltd ROCO:4556
59 GF Score
Price NT$79.20
GF Value NT$35.18
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Bright Sheland International Co Gross Margin %?

Bright Sheland International Co ROCO:4556 -7.37% 59 Gross Margin % is 36.53% as of Mar. 2026, which is 8% below its 10-year median of 39.86. GuruFocus rates ROCO:4556 with a GF Score™ of 59/100 and a GF Value™ of NT$35.18 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,999 Industrial Products companies, Bright Sheland International Co ranks better than 77.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bright Sheland International Co's Gross Profit for the three months ended in Mar. 2026 was NT$61.6 Mil. Bright Sheland International Co's Revenue for the three months ended in Mar. 2026 was NT$168.5 Mil. Therefore, Bright Sheland International Co's Gross Margin % for the quarter that ended in Mar. 2026 was 36.53%.


The historical rank and industry rank for Bright Sheland International Co's Gross Margin % or its related term are showing as below:

ROCO:4556' s Gross Margin % Range Over the Past 10 Years
Min: 34.41   Med: 39.86   Max: 44.58
Current: 39.7


During the past 13 years, the highest Gross Margin % of Bright Sheland International Co was 44.58%. The lowest was 34.41%. And the median was 39.86%.

ROCO:4556's Gross Margin % is ranked better than
77.99% of 2999 companies
in the Industrial Products industry
Industry Median: 26.78 vs ROCO:4556: 39.70

Bright Sheland International Co had a gross margin of 36.53% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Bright Sheland International Co was -0.30% per year.


Bright Sheland International Co  (ROCO:4556) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Bright Sheland International Co had a gross margin of 36.53% for the quarter that ended in Mar. 2026 => Competition eroding margins


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Bright Sheland International Co Gross Margin % Related Terms


Bright Sheland International Co Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bright Sheland International Co's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bright Sheland International Co Gross Margin % Chart

Bright Sheland International Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.74 35.83 38.64 34.41 39.53

Bright Sheland International Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.11 37.44 42.62 42.07 36.53

ROCO:4556 vs VLTO, ZWS, CECO: Gross Margin % Comparison

For the Pollution & Treatment Controls subindustry, Bright Sheland International Co's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bright Sheland International Co Gross Margin % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Bright Sheland International Co's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bright Sheland International Co's Gross Margin % falls into.


ROCO:4556
59GF Score
Bright Sheland International Co Ltd ROCO:4556
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bright Sheland International Co Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Bright Sheland International Co's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=266.1 / 673.214
=(Revenue - Cost of Goods Sold) / Revenue
=(673.214 - 407.124) / 673.214
=39.53 %

Bright Sheland International Co's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=61.6 / 168.484
=(Revenue - Cost of Goods Sold) / Revenue
=(168.484 - 106.931) / 168.484
=36.53 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 36.53% mean?
Bright Sheland International Co (ROCO:4556) has a Gross Margin % of 36.53% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bright Sheland International Co and its competitors. This is near median its historical median of 39.86. Over the past decade, Bright Sheland International Co's Gross Margin % has ranged from 34.41 to 44.58. According to the industry distribution chart, Bright Sheland International Co ranks #660 out of 2999 companies in the Industrial Products industry, placing it in the top 22%.
Is Bright Sheland International Co's Gross Margin % too high?
Bright Sheland International Co's current Gross Margin % of 36.53% is near median its 10-year median of 39.86. Over the past 10 years, this metric has ranged from a low of 34.41 to a high of 44.58. The Industrial Products industry median Gross Margin % is 26.78. Bright Sheland International Co's value of 36.53% is 36.4% above this industry median. Based on the distribution chart, Bright Sheland International Co ranks #660 out of 2999 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Bright Sheland International Co has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bright Sheland International Co's Gross Margin % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Bright Sheland International Co ranks #660 out of 2999 companies for Gross Margin %. This places Bright Sheland International Co in the top 22% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.78. Bright Sheland International Co's value of 36.53% is 36.4% above this benchmark. Historically, Bright Sheland International Co's own Gross Margin % has ranged from 34.41 to 44.58 over the past decade. While the company's 10-year median is 39.86 vs. the industry median of 26.78, Bright Sheland International Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.78, based on 2,999 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bright Sheland International Co's current Gross Margin % of 36.53% is 36.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Bright Sheland International Co and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bright Sheland International Co's current Gross Margin % is 36.53%, which is near median its own 10-year median of 39.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Sheland International Co stock overvalued right now?
Based on GuruFocus' analysis, Bright Sheland International Co (ROCO:4556) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$35.18, compared to a current price of NT$79.20 — trading 125.1% above its estimated fair value. The current Gross Margin % is 36.53%, which is near median its 10-year median of 39.86 and 36.4% above the Industrial Products industry median of 26.78. Bright Sheland International Co's overall GF Score™ is 59/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Bright Sheland International Co (ROCO:4556), the current Gross Margin % is 36.53% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bright Sheland International Co (ROCO:4556) Overvalued in 2026?

Based on GuruFocus' analysis, Bright Sheland International Co stock appears to be overvalued. The current stock price of NT$79.20 is trading 125.1% above its estimated GF Value™ of NT$35.18. GuruFocus considers Bright Sheland International Co to be Significantly Overvalued.

Key valuation signals for ROCO:4556:

  • Gross Margin %: 36.53% (near median its 10-year median of 39.86)
  • GF Value™: NT$35.18 vs. price of NT$79.20 (125.1% above fair value)
  • GF Score™: 59/100 with 2 warning signs
  • Industry Position: 36.4% above the Industrial Products median (#660 of 2999)

No single metric tells the full story. See the ROCO:4556 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bright Sheland International Co Business Description

Address No. 15, Kejia 6th Road, Yunlin Science and Technology Industrial Zone, Yunlin County, Douliu, TWN, 640-57
Bright Sheland International Co Ltd is a Taiwan-based company focused on industrial filtration and separation systems. The products of the company include Cartridges and Housing, Melt Blown Cartridges, Winding Cartridges, Activated Carbon Filter Cartridges, and Glass Fiber Filter Cartridges among others.
59GF Score

Get the complete analysis for ROCO:4556

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$79.20
Price
NT$35.18
GF Value