Financial Statement Analysis Of Gree Electric Appliances, Inc

China is a big manufacturing country, manufacturing sector has made several outstanding contributions to GDP growth. Appliance manufacturing as an important part of the manufacturing sector, occupies an important position in China’s manufacturing industry. In the important moment of transformation and upgrading of China’s manufacturing industry, the smooth development of home appliance manufacturing plays a very important role to the manufacturing industry.Gree Electric is the leader of Chinese home appliance manufacturing industry, By analyzing Gree and of in-depth analysis of its financial situation, We find rhe real operating situation of Gree.Through the analysis of financial statements of accounts,horizontal and vertical analysis of financial statements, DuPont analysis, profitability analysis, analysis of operating capacity, solvency analysis, analysis of capital market performance and other analytical methods, Using practical financial data and analysis results,We find the fact that Gree made a steady growth in sales before and decreasing Situation in sales in 2015. Although the company has accumulated a lot of money and leading technology of the air conditioning industry,but in an overall decline in industry environment, how to stabilize sales and whether the new smart home business can function smoothly in the future is the top priority to the growth of company achievements.Finally, according to the current financial situation of Gree, I gives reasonable suggestions for business of GREE. By observing Gree business success, We can identify the beneficial enlightenment of China’s manufacturing industry.