In recent years, with the rapid development of the people's growing economic foundation, China's home appliance industry is facing increasing competitive pressure as well as a bright future. In order to improve the competitiveness of enterprises in the foreign industry, home appliance enterprises have made great efforts in the research and development of new products and market share, and therefore invested a lot of money as the investment cost. This paper mainly takes Midea as the analysis target, analyzes the debt paying ability of Midea according to its own financial changes in recent years, and makes a comparative analysis with the debt paying ability of Gree, a competitor in the industry, analyzes the current debt paying ability of Midea, and puts forward targeted improvement suggestions to help Midea better develop its debt paying financial behavior in the future. The analysis of solvency of other enterprises in the industry provides reference.