Research on China's High-speed Railway Development from the Perspective of Financial Analysis and Management

Abstract

Over the years, the number of railway passengers sent, the turnover of railway passengers, freight volume, cargo turnover, and conversion turnover have steadily ranked first in the world. By the end of 2020, China had 146,000 kilometers of railways in operation, 38,000 kilometers of which were High-speed railways, ranking first in the world. However, behind these honours, there is a practical problem of low profits and high liabilities of High-speed rail projects. This paper will be based on the perspective of financial analysis, analyse financial system of the connotation of health management, from the profitability, asset quality, debt conditions, operating four aspects to build High-speed railway financial health management system, The corresponding indexes are obtained through quantitative analysis to evaluate the current operation status of High-speed railway.