Research On The Financial Performance Of Home Appliance Manufacturing Enterprises Under Light Asset Operation Model

In the national economy,manufacturing plays an important role and is the foundation of the national economy.Combined with the characteristics of modern society and the analysis of China’s national conditions,the improvement of China’s overall national strength,the guarantee of national security,and the realization of the great rejuvenation of the Chinese nation must be guaranteed by relying on the manufacturing industry with international competitiveness.However,the reality is that traditional manufacturing industries face many difficulties.With the process of economic globalization and the significant improvement in the level of science and technology,market competition has become increasingly fierce.How to maintain and improve the core competitiveness of the manufacturing industry in the competition and how to transform the operating model have become the most concerned issues for companies and even the country.In recent years,along with the deterioration of the domestic economic environment and the large number of European and American home appliance brands entering the Chinese market,the competition in the home appliance industry has become increasingly fierce and the market has gradually become saturated.The share of the household electrical appliance manufacturing industry in China has become smaller and smaller.Exposed.The domestic manufacturing industry wants to achieve a qualitative breakthrough,achieve a new leap forward,adhere to the road of sustainable development,avoid the “heavy” and “light”,and the shift from “heavy” to “light” is particularly important.The issue discussed in this paper is the impact of Gree Electric’s financial performance on its asset-light operating model and the relationship between the two.After reading the relevant theories and consulting relevant documents at home and abroad,it is constructed according to the financial performance theory of value-driven factors.A model framework for the relationship between light asset operating models,value drivers,and financial performance.According to this model,after analyzing the status quo of the household appliance manufacturing industry and the related characteristics of Gree Electric Appliances’ asset-light operations,we analyzed the changes and changes before and after the change in the financial performance of Gree Electric’s own operating model,and used EVA.The analysis method obtained the changes in the economic value added of Gree Electric’s assets after light assets operation,and obtained the influence of the transformation of Gree Electric’s light asset operating model on its own financial performance.Finally,it explains the problems existing in Gree Electric’s light asset operation and puts forward relevant suggestions.Through relevant analysis of Gree Electric’s asset-light operating model,this paper draws the following conclusion: Gree Electric Appliances effectively and reasonably uses its own advantageous resources through the application of light asset models,such as its own brand image,product research,Marketing methods,etc.,greatly enhance the company’s capabilities,making the company more efficient in operations and maximizing the value created by corporate culture.After a series of arguments,it was discovered that Gree Electric Appliances was very suitable for the light asset model and applied successfully in actual production.To a certain extent,this article complements the relevant fields and practices in the field of light asset models.