Abstract: Over the years, relying on a solid industrial foundation, China’s bedding industry (hereinafter referred to as “bedding”) has achieved significant development supported by positive factors such as sound fundamentals of China’s economy, and increasing residents’ income and consumer willingness. The backbone bedding enterprises’ production and operation level and comprehensive management capabilities are increasingly enhanced. After the outbreak of the COVID-19 pandemic, bedding enterprises have been affected by the unsmooth functioning of the industrial chain and supply chain, weak growth in domestic and foreign market demand, intensified market competition, slow profit recovery and other risk factors,resulting in raised financial management risks. Based on the perspective of financial risk management, the research selects the financial statement data of seven listed bedding companies from 2017 to 2023, analyzes and compares the financial status and related risks of backbone bedding companies before and after the COVID-19 pandemic from debt repayment ability, profitability, and operating ability. In the end, the paper puts forward corresponding countermeasures and suggestions on preventing and resolving financial risks and enhancing development resilience.

Key words: home textiles; bedding; listed companies; financial management