Dongfang Electric Corporation Ltd - Company Profile
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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. The company’s major products include hydropower units, thermal power generating units, heavy-duty gas turbine equipment, nuclear power units, wind power equipment, large chemical containers, and environmental protection, and water treatment equipment. DEC also provides construction contracting and other related services to electricity operators; portion projects, 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, 611731
Website
www.dec-ltd.cn
Telephone
86 28 87898609
No of Employees
17,426
Industry
Power
Ticker Symbol & Exchange
1072 (HKG)
Revenue (2022)
$8.6B
9.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
24.2%
(2022 vs 2021)
Market Cap*
$7.4B
Net Profit Margin (2022)
XYZ
13.4%
(2022 vs 2021)
* As of and is in US$
Dongfang Electric Corporation 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 | |
| Generator | 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 | Corporate Changes/Expansions | In April, the company built a 220 MWac Samarkand solar PV plant in Kattakurgan, Uzbekistan. |
| 2024 | Corporate Changes/Expansions | In January, the company opened the DEC hydrogen energy industrial park in Chengdu, Sichuan, China. |
| 2023 | New Products/Services | In October, the company launched three products including an 18 MW direct-drive offshore wind turbine, an 18 MW semi-direct-drive offshore wind turbine, and a 10 MW+ onshore wind turbine at China Wind Power Event. |
Competitor Comparison
| Key Parameters | Dongfang Electric Corporation Ltd | Shanghai Electric Group Co Ltd | Andritz AG | Harbin Electric Co Ltd | Hangzhou Steam Turbine Power Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | China | Austria | China | China |
| City | Chengdu | Shanghai | Graz | Haerbin | Hangzhou |
| State/Province | Sichuan | Shanghai | Burgenland | Heilongjiang | Zhejiang |
| No. of Employees | 17,426 | 42,190 | 29,717 | 11,746 | 3,985 |
| 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 | 2021 | 61 |
| Huang Wei | Director | Executive Board | 2021 | 67 |
| Zhang Yanjun | President | Senior Management | 2024 | - |
| Gao Feng | Vice President | Senior Management | 2021 | 59 |
| Sun Guojun | Senior Vice President | Senior Management | 2024 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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