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Dongfang Electric Corp Ltd

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Dongfang Electric Corp Ltd - Energy & Power showcase

Year Founded & Workforce

1984

16,000 Employees

Industry

Energy & Power

Services

Steam turbine
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Dongfang Electric Corp Ltd Overview

Company Headquarters: Chengdu, China

Founded: 1984

Workforce: ~ 16,000

Company Working: Dongfang Electric Corp Ltd is a Chinese company that primarily manufactures and sells power generation equipment. The Company is divided into five major reporting segments: Clean and High-Efficiency Energy Equipment, Renewable Energy Equipment, Engineering and Trade, Modern Manufacturing Service Industry, and Emerging Growth Industry. Water turbine generator sets, steam turbine generator sets, wind turbine generator sets, power station steam turbines and power station boilers, as well as gas turbines, are the primary products of the company. The company distributes its products both domestically and internationally.

Strategy

Dongfang Electric Corp Ltd is focused on increasing its global presence through the expansion of its production facilities globally. Moreover, it is focused on contracts and agreements with key players in the global steam turbine market. It targets potential customers in the country in a bid to boost revenue generation.

Company Snapshot

$4,717.4M

Revenue

16,000

Employees

1984

Founded

Chengdu, China

Headquarters

SWOT Analysis

Strengths

  • Extensive industry experience
  • Wide product portfolio
  • Skilled workforce

Weaknesses

  • High dependence on suppliers
  • Limited global presence

Opportunities

  • Scope for expansion in emerging markets

Threats

  • High global market competition

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Key Developments

DateApproachDevelopment
October 2021ContractDongfang Electric Group International Cooperation Co., Ltd. and Jordan APC company successfully signed the general contract for the Safi gas steam power generation and heating self-provided power station project

Product Offering

  • Dongfang Electric Corp Ltd
    • Steam turbine

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 4,717.4 Mn in 2019 to USD 7,360.8 Mn in 2021.
Dongfang Electric Corp Ltd — By Business Segment
Series (USD Mn)201920202021
Sales4,717.45,702.77,360.8

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