Financial Risk Analysis Of Domestic Appliance Listed Companies Based On Financial Lever Deconstruction

In the era of global economic integration, enterprise survival is affected by the external environment is more and more big. Household electrical appliance manufacturing industry as China’s market is relatively mature industry, more will be affected by external changing environment. To cope with the adverse external environment factor measures mainly is to strengthen the management of the enterprise, effort to prevent financial risk.The purpose of writing this article, is through the analysis of financial data of listed enterprises to home appliances category, the use of financial leverage theory, method of establishing a of home appliance manufacturing industry listed enterprise financial risk management, so as to help the household electrical appliance enterprises to better manage their own.This paper first introduces the domestic and foreign research present situation, elaborated the research done by predecessors, then studies the risk classification, the definition of this paper to discuss the financial risk. And tried to measure the financial risk through the financial lever principle, based on the financial leverage deconstruction find cause of financial risk. This paper selects34listed companies as research sample appliance. Find out industry financial leverage reasonable range, analysis of reasonable range change trend and choose one of the lever coefficient and industry financial numbers of enterprise reasonable range compared, analysis of causes. Finally, based on previous empirical research suggests some policies to control financial risk.Application Research on financial leverage this concise risk measurement tools to do deep, the purpose is through empirical evidence should be paid attention to and the specific use of useful process the tool in question, so that operators can make better use of this tool to improve the enterprise’s financial risk management.