Financial Analysis Of Gree Electric Appliances,INC Of Zhuhai

As a manufacturing power,China has a large proportion of GDP in manufacturing.As an important part of the manufacturing industry,home appliance manufacturing plays an important role in China's manufacturing industry.In recent years,many state-owned home appliance companies have become more prominent along with the rapid development of the economy,and they have also occupied a place in the international arena.At present,countries around the world have entered the process of economic globalization.China's electrical appliance enterprises need to bear tremendous pressure in the international market.Of course,with the pressure,they will also usher in development opportunities.The financial status,operating results and development trends of listed companies can be reflected in the financial statements.The prior or near-term work efficiency and economic benefits of relevant enterprises can be clearly understood through financial analysis,while combining the current development status and development direction of the enterprise.Use financial analysis to provide a basis for companies to develop follow-up development plans.Gree Electric Appliance Co.,Ltd.is the leading enterprise in China's home appliance manufacturing industry.This paper analyzes the financial statements of Gree Electric Appliances with Gree Electric Appliance as the analytical target.This paper firstly describes the background and significance of the research.Secondly,it describes the general situation of Gree Electric Appliances;analyzes the main items in his accounting statements,respectively The ratio analysis of debt capacity,operational capability and profitability is carried out,and the DuPont analysis method is used for comprehensive analysis.According to the analysis results,the factors affecting each financial capability are found out.The comparison with the US group shows that Gree Electric is in operation management.The advantages and disadvantages of the middle;finally the results of the analysis,interpret its existing problems and propose solutions.As a leading company in the industry,Gree has many successful experiences that can be used for reference,but there are also some problems in the development and transformation.This paper hopes to analyze and discuss the problems encountered by mature enterprises such as Gree in the transformation,and can help the enterprises that face the same situation.