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Gree Electric 202 1 Analysis of Financial Statements
As a giant of China's household appliances, Gree Electric has shown strong financial strength in the financial statements of 202 1. The following is a specific analysis:

I. Income situation

According to the financial statement of 202 1, the revenue of Gree Electric 202 1 reached 288.943 billion yuan, up by 28. 13% year-on-year. Among them, the sales revenue of air-conditioning products was 242.306 billion yuan, a year-on-year increase of 365.438+0.02%; The sales revenue of other products was 46.637 billion yuan, a year-on-year increase of 9.55%. Therefore, it can be seen that Gree Electric's revenue mainly depends on the sales of air-conditioning products.

Second, profit performance.

In 20021year, Gree Electric achieved a net profit of 39.096 billion yuan, a year-on-year increase of 20.06%. Among them, the net profit attributable to ordinary shareholders of listed companies was 36.383 billion yuan, a year-on-year increase of 20.07%. Although the growth rate of net profit has decreased compared with revenue, in absolute figures, Gree Electric's net profit is very considerable, indicating that the company has made huge profits.

Three. Asset status

At the end of 20021,the total assets of Gree Electric reached 540.457 billion yuan, up 25.29% year-on-year. The company's operating liquid assets such as cash, bank deposits and other monetary funds reached 6543.8+005.892 billion yuan, an increase of 47.26% compared with 2020. The growth of total assets is mainly due to the company's purchase of production equipment, asset investment and the increase of inventory and other receivables. The company's assets are in good condition.

Four. debt

At the end of 20021,the total liabilities of Gree Electric were 198599 billion yuan, an increase of 15.32% compared with the end of 2020. The company has more short-term loans and non-current liabilities due within one year, and relatively less long-term loans. Generally speaking, the company's debt situation is reasonable.

To sum up, Gree Electric achieved rapid growth in 202 1 and its strength continued to increase. However, because the company still relies too much on air-conditioning products, it is necessary to further strengthen the development and promotion of other product lines in the future to reduce business risks. In addition, the company should further strengthen cost management and overseas market expansion to enhance profitability and risk resistance.