
May 2026
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![]() | Shenzhou is the largest vertically integrated knitwear manufacturer in the world. The group mainly produces sportswear (75% of 2022 revenue), casual wear (21% of revenue), and lingerie (3% of revenue) for international clients such as Nike, Adidas, Puma, and Uniqlo. Mainland China is its largest market, accounting for 26% of sales in 2022. This is followed by Europe, US, and Japan. Shenzhou currently operates manufacturing plants in China, Cambodia, and Vietnam. | $6 | -19% | $9B | $7B | 1.5x | 5.6x | ||
| Median | $6 | -19% | $9B | $7B | 1.5x | 5.6x |
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