Dongfang Electric Corp Ltd - Company Profile
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Dongfang Electric Corp Ltd (DEC) specializes in providing integrated solutions for energy, transportation, environmental protection, and infrastructure. The company offers a range of products and services such as energy equipment, electromechanical systems, and engineering contracting. It also offers Chaotan One, which focuses on innovative energy solutions. DEC's products and services cater to the power generation, transportation, and environmental sectors, serving a diverse customer base worldwide. The company operates through a network of channel partners and distribution networks to reach its global clientele. It has an operational presence across Africa, the Americas, Asia, and Europe, targeting international markets for its energy and infrastructure solutions. DEC is headquartered in Chengdu, Sichuan, China.
Headquarters
China
Address
No. 18 Xixin Avenue, High-Tech West Zone, Chengdu, Sichuan, 611731
Website
www.dec-ltd.cn
Telephone
86 28 87898609
No of Employees
18,753
Industry
Power
Ticker Symbol & Exchange
1072 (HKG)
Revenue (2024)
$10.9B
12.8%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
31.1%
(2024 vs 2023)
Market Cap*
$14.1B
Net Profit Margin (2024)
XYZ
16.2%
(2024 vs 2023)
* As of and is in US$
Dongfang Electric Corp Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Thermal Power Equipment: | Turn-key Contracting | DEC |
| Boilers | Epc Contracting for Portion Project | |
| Turbines | Equipment Package Contracting | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | New Products/Services | In October, the company launched a new 26 MW offshore wind turbine. |
| 2024 | Contracts/Agreements | In September, Dongfang International entered into a contract to undertake the Koysha Hydropower Station electromechanical complete equipment project in Ethiopia. |
| 2024 | Corporate Changes/Expansions | In April, the company built a 220 MWac Samarkand solar PV plant in Kattakurgan, Uzbekistan. |
Competitor Comparison
| Key Parameters | Dongfang Electric Corp Ltd | GE Vernova Inc | Shanghai Electric Group Co Ltd | Andritz AG | Harbin Electric Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | United States of America | China | Austria | China |
| City | Chengdu | Cambridge | Shanghai | Graz | Harbin |
| State/Province | Sichuan | Massachusetts | Shanghai | Burgenland | Heilongjiang |
| No. of Employees | 18,753 | 75,000 | 43,074 | 30,487 | 11,415 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Yu Peigen | Chairman | Executive Board | 2019 | 64 |
| Zhang Yanjun | ; Director | Executive Board | 2024 | 56 |
| Sun Guojun | Director; Senior Vice President | Executive Board | 2024 | 58 |
| Li Jianhua | Senior Vice President | Senior Management | 2023 | 56 |
| Lv Shuang | Chief - Accountant | Senior Management | 2025 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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