National high-speed railway (000008. SZ) The performance in the past year completely underperformed the broader market. The company has poor solvency, insufficient cash and poor profitability, and is in a recession stage. Last year, the company's short-term loans soared, long-term equity investment increased substantially, and short-term current liabilities rose steadily. However, as of March, 20021year, long-term liabilities increased significantly within one year. The company has been operating at a loss for two consecutive years. It should be noted that due to the poor travel situation affected by the epidemic last year, the company also has goodwill risks.