Sharks occupy an important ecological niche in marine ecosystems. As top predators, they can restrict and control the behavior, numbers and composition of other species through downward effects, and play an essential role in ecosystem stability. Shark fishery data are limited, and for most Chondrichthyes species there is no formal fishery resource assessment at a global level. In this study, we applied the length-based Bayesian biomass (LBB) estimation method to assess the stock status of four common shark bycatch species of which more than 100 samples were collected in coastal waters of the northern South China Sea. Estimates of the length of 50% of individuals captured by gear/the length at first capture that maximized the catch and biomass (Lc/Lc_opt) of a species ranged from 0.49 to 1.4; the draughtsboard shark Cephaloscyllium sarawakensis had the highest value, and the shortnose dogfish Squalus brevirostris had the lowest. Estimates of the collected biomass/biomass of the maximum sustainable yield (B/BMSY) ranged from 0.86 to 1.9. Both C. sarawakensis and the spadenose shark Scoliodon laticaudus were fully exploited, while the spatulasnout catshark Apristurus platyrhynchus and S. brevirostris were in good condition. To verify the stability of the LBB, length frequency data for the most common species S. laticaudus were divided into different size-class intervals; simulations revealed estimated parameters based on these to be insensitive to differences in intervals, except for the smallest (10 mm), which did not affect evaluation results. These results can be used to provide a scientific basis on which shark fisheries in this region can be managed and prior parameters for related resource assessment methods can be determined.