Nike, Adidas Factory Shenzhou International Boss Has Become The Richest In The Domestic Apparel Industry.

According to Forbes's official website new data, Nike, Adidas and other well-known sports brands, Shenzhou International boss Ma Jianrong, currently worth $7 billion (about 48 billion yuan), has become the richest in the domestic apparel retail industry, ranking 196th in the list.

It is understood that Shenzhou International is an enterprise integrating weaving, dyeing, printing, embroidery, cutting and sewing four complete processes, which covers all knitted garments.

It includes sportswear, casual wear, underwear and so on. It is also a vertically integrated knitting garment manufacturer in China. Its main customers are also international famous brand clothing retailers, including UNIQLO, Adidas, Nike and so on.

In fact, although Shenzhou international market has a high market value, its name is not familiar to the public.

Its predecessor was Ningbo Shenzhou Weaving Co., Ltd., founded in 1990, and has just started with textile.

Later, the operation mode of Japanese enterprises was introduced, and the company was positioned as "high end foundry".

In November 2005, Shenzhou International listed on the main board of Hongkong with a stock code of 02313HK.

It is worth mentioning that in the past ten years, the combined growth rate of Shenzhou International Income and net profit reached 17% and 22% respectively.

Taking 2017 as an example, the total revenue of Shenzhou International period was 18 billion 85 million yuan, an increase of 19.8% over the same period, a gross profit of 5 billion 671 million yuan, a gross profit margin of 31.36%, a net profit of 3 billion 760 million yuan, a 27.6 increase in net profit and a net interest rate of 20.79%.

Over the past 8 years, thanks to the sustained growth of its performance, Shenzhou International stock price has doubled 50 times. It is the group with high return on investment in the apparel industry. It is this first-rate profitability that allows Ma Jianrong to sit at the top of the domestic apparel retailing industry at the price of 48 billion yuan this year.