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
Website
www.dec-ltd.cn
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*
$7.3B
Net Profit Margin (2020)
XXX
28.3%
(2021 vs 2020)
* As of and is in US$
Explore premium data & analytics
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 | |
| XXX | XXX |
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. |
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 |
Key Financial Charts
Sales Growth
Net Income Growth
Operating Margin
EPS (Earnings per Share)
Debt to Equity Ratio
Return on Assets
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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