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Dongfang Electric Corporation Ltd: Overview

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Dongfang Electric Corporation Ltd (DEC) is a power equipment and services company. It develops, designs, manufactures, and sells equipment for hydro, thermal, nuclear, wind, steam, and solar thermal based plants. Its major products include hydropower units, thermal power generating units, heavy-duty gas turbine equipment, nuclear power units, wind power equipment and large chemical containers, environmental protection and water treatment equipment. DEC also provides construction contracting and other related services to electricity operators; and portion project, equipment package contracting, and equipment supply. The company serves customers in China and overseas. DEC is headquartered in Chengdu, Sichuan, China.

Headquarters China

Address No. 18 Xixin Avenue, High-Tech West Zone, Chengdu, Sichuan, 610036


Telephone 86 28 87583666

No of Employees 16,969

Industry Power

Ticker Symbol & Exchange 1072 (HKG)

Revenue (2021) $7.4B 13.5% (2021 vs 2020)

EPS XXX

Net Income (2021) XXX 45.7% (2021 vs 2020)

Market Cap* $7.3B

Net Profit Margin (2020) XXX 28.3% (2021 vs 2020)

* As of and is in US$

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620+

Power Plants

Receive regular updates of upcoming projects for Dongfang Electric Corporation Ltd to keep you on top of all opportunities, with detailed information on each power plant.

130+

Tenders & Contracts

Easily identify the involved stakeholders, monetary value, opening and closing dates of tenders, and awarded contracts for Dongfang Electric Corporation Ltd.

90+

Equipment Profiles

Understand existing and potential demand across Dongfang Electric Corporation Ltd for a range of technologies, including thermal, wind, solar, nuclear, T&D, and smart grid.

1

Energy Storage Projects

Understand the energy storage landscape for Dongfang Electric Corporation Ltd, drawing on intelligence spanning electrochemical, electromechanical, thermal and hydrogen storage.

1

Transmission & Distribution

Access detailed information for each company project covering project owner location, voltage level, line length/substation capacity, type of circuit, expected year of commissioning, and more.

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Products and Services

Products Services Brands
Thermal Power Equipment: Turn-key Contracting DEC
Boilers Epc Contracting for Portion Project
Generator Equipment Package Contracting
XXX XXX
XXX XXX
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History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2022 Contracts/Agreements In March, the company won contracts to supply wind turbines for two offshore wind projects in Chinese waters with a combined capacity of 360 MW.
2022 Corporate Changes/Expansions In January, the company announced Fengning Pumped Storage Power Station opened Unit 10 in Hebei province.
2021 Contracts/Agreements In December, the company’s subsidiary Dongfang Boiler signed the Jiangsu Energy Wulagai 2×1000MW high-efficiency ultra-supercritical coal-fired high-moisture coal boiler contract.
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Competitor Comparison

Key Parameters Dongfang Electric Corporation Ltd Shanghai Electric Group Co Ltd Andritz AG Harbin Electric Co Ltd Hangzhou Steam Turbine Co Ltd
Headquarters China China Austria China China
City Chengdu Shanghai Graz Haerbin Hangzhou
State/Province Sichuan Shanghai - Heilongjiang Zhejiang
No. of Employees 16,969 39,015 27,108 13,982 4,008
Entity Type Public Public Public Public Public
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Key Financial Charts

Operating Margin
Operating Margin
EPS (Earnings per Share)
EPS (Earnings per Share)
Debt to Equity Ratio
Debt to Equity Ratio
Return on Assets
Return on Assets
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Executives
Name Position Board Since Age
Yu Peigen Chairman Executive Board 2019 58
Xu Peng Director; President Executive Board 2021 55
Zhang Yanjun Dong Shi Director Executive Board 2021 -
Huang Wei Director Executive Board 2018 55
Bai Yong Chief Accountant; Director Executive Board 2018 49
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
Non Dignissim Eros Proin vel Convallis 2022 XX
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