Research On Financial Performance Under Haier Smart Home Asset-light Operation Model

The State Council of the People’s Republic of China released "Made in China2025" in 2015,stressing that the manufacturing industry must achieve stronger development goals through large-scale expansion,raising the level and quality of development,promoting the transformation and modernization of the manufacturing industry,and shifting to a high-quality development direction.With the globalization of the economy and the rapid development of Internet technologies,manufacturing and other industries are undergoing unprecedented changes.The home appliance industry is an important part of the manufacturing industry,and the home appliance industry has always been a traditional industry with high assets,and it is usually necessary to invest a large amount of money in the purchase of heavy assets such as factory buildings and production lines.The liquidity of enterprise value is low,the opportunity cost is high,and it is difficult to respond flexibly to the changing market environment.By reducing capital costs,the operating model with lightweight assets efficiently allocates company resources to the economic links in the production chain,and the rest ends with outsourcing to improve overall efficiency and competitiveness.This business model provides ideas for consumer electronics manufacturers to get out of trouble,increase productivity and gain a competitive advantage.As a leader in the home appliance industry,Haier Smart Home took the initiative and,in 2012,proposed a transformation of the lighting systems operating model from an original traditional manufacturing industry to an environmentally friendly platform and achieving rapid development.Therefore,in this article,the case of Haier Smart Home was selected for analysis,looking at the model of working with lightweight assets,examining the financial performance of companies in the way they work with lightweight assets using traditional financial indicators,calculating the economic added value and evaluating the impact of their implementation.Through analysis and research,it has been found that the Haier smart home has strong opportunities for profitability,operation and development in lightweight asset mode,its economic added value is constantly improving,and its performance is good.However,light asset transactions also present issues such as outsourcing risk,low creditworthiness and reduced receivables sales.In this context,the document makes three proposals: strengthening the quality control of production outsourcing,optimising the capital structure and strengthening receivables management,and the conclusion plays a certain guiding role for other companies in the same sector in implementing this model.